Despite Link's fundamental shortcomings, we need to realize that crypto is driven partially by euphoric sentiment and market signal is often times, more important than macro signal, at least in the short run.
While the time of reckless speculation may be gone, we can't overlook the effect that DeFi craze and the resurgence of crypto bull market may have on the...
sold some of my position that i've been holding since sub $4.
not saying this will happen immediately, but i believe for the next substantial move to occur, it has to hit the trendline eventually.
we may just see sideways until area of confluence (where white meets pink) is hit.
not financial advice.
Oh Good, ole' ChainLink a coin of its own league, top-notch tech, top-notch community, and just outstanding performance.
Now after it's recent ATH it's taking a moment to breathe and consolidate in this new range of $14 to $12.
The lower part of this range has some pretty impressive support, with at least 3 previous swing lows turned support, the 100 MA acting...
LINK is on fire, and yes we will see corrections up to .382 on the way - the pattern should respond from here - it already has but did not spend much time doing so. Next stop we are likely to see the 1.618 which would put us around $18.00. Some have been so bold as to say $32.00! But would not work very well at that level, and we would see a breakdown from...
Chainlink breaks several barriers becoming the week’s most improved altcoin.
LINK/USD price action narrows under a descending trendline resistance as reversal builds momentum.
Chainlink has been on most of the cryptocurrency traders and enthusiasts’ minds since the weekend session. The altcoin has not only broken several barriers but also attracted a great...
On the 4-hour chart price may dip below the tinken line (circled green) which may indicate a drop down to the kijun line. Close to a 12% drop, before finding support on the cloud.
Some traders/algos may take profit below the tinken, looking to rebuy at the kijun.
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals)...