Using a pitchfork, it seems that LINK's USD value has this line of best fit. If this is the line of best fit, I expect the time spent on each side to be roughly equal, so I expect a break above 60 cents before the end of April.
Additionally, I've included black S/R lines that seem to describe almost all price action dating back to the launch of Chainlink on...
Disclaimer: LINK has gotten destroyed in sats over the last week. This entire prediction relies on btc not dropping like a rock, so make sure to run a stop loss around 48 cents.
This is an update on my most previous post. I am limited to 3 indicators, and did not save the pitchfork from last time, so it is not perfectly set up (though it is roughly aligned).
I...
this coin is going ape Sh1t crazy! its gained 260% over the last 3 weeks and almost 700% over the last 6 months and that is pretty wild, plus it started this climb long before BTCs recovery of climbing to about 40% of its previous greatness and LINK just cracked into a whole new level Above that of which It hit in DEC 2017 and THAT, + the 6 months of insanity...
Chainlink / USD Short-term price analysis
Chainlink has a bullish short-term trading outlook, with the cryptocurrency advancing to its highest trading level since February 2018.
The four-hour time frame is showing that the inverted head and shoulders pattern has been triggered with the bullish pattern reaching its initial upside target.
Technical indicators on...
Simple trade, follow stop loss and target for the wedge. If you sold the top of the last pump or near, this will be a great opportunity to get back in for you so you don't FOMO on the next one. :) If you prefer less risk, you can choose to buy on breakout.
Also mainnet on Ethereum for existing DAPPs was announced yesterday at Consensus for May 30th so I'll keep...
Here on the hourly after main net announcement, we have reached some consolidation with some selling pressure. This has created a triangle that is now at the end and is imminent for a move. Binance, is the leading exchange in terms of volume for LINK and will be back up for trade in the coming hours. I am expecting a lot of volatility at the open with new deposits...
Chainlink / USD Short-term price analysis
Chainlink has a bullish short-term trading outlook, with the cryptocurrency testing towards the best levels of the year so far.
The four-hour time frame is showing that a large inverted head and shoulders pattern has formed, with buyers currently testing towards the neckline of the bullish pattern.
Technical indicators...
The LINK/BTC pair is showing a strong bullish momentum and is pushing towards breaking resistance at $0.54566 USD. A break in resistance offers a buy signal on the coin. Keep an eye on Chainlink!
Cryptocurrency that have potential for significant growth during this year. They have pertnership with SWIFT, regarding cross-border payments. But everything is happening behind the scenes, so we can only guess and wait. So it could be banking thing in some kind. And ripple looks very similar in that way. Technically it...
Link BTC has going up being a strong fundamental crypto-project, however pairing with the USD it has not look so promising. I show 3 target levels which need to be crossed before mooning.
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