Dear Friends ,
I would love to share what I found in my charts for LINK . I see a far too familiar trend on TA where we are near edge of breakout for ChainLink at this point. If I am wrong we break downwards, and I will admit it!
Higher-Highs on 1H, 4H charts.
Late March LINK had been in the mud, which it recovered and began steady journey.
Currently, LINKUSDT is still not able to break the resistance at the Red Trendline. It did manage to go up briefly on 6th April but ultimately failed to maintain support and broke back below the Trendline.
As mentioned in my publication on 4th April, LINKUSDT needs to break the Red and Purple Trendline before it can have a significant move to the upside.
Link broke out of a small continuation pattern on the hourl which was part of a short relief stage following a breakout on a larger pattern on the daily. Daily Fib extensions could be used for longer term price targets, Hourly fib extensions from the abcd pattern could be used as shorter term price targets.
Hi every one
LINK/USDT is in a great bullish situation right now. the price was in a Bullish rectangle but now the rectangle's break out has happened so It is expected that the price would increase as much as the rectangle's width(Measured price movement) .if this movement happens the price can reach around 45$ to 46$.
another thing is that the price is...
Blockchain oracles are third-party services that provide smart contracts with external information. They serve as bridges between blockchains and the outside world. Blockchains and smart contracts cannot access off-chain data (data that is outside of the network).
Chainlink is the leader among the oracles, has now formed a very bullish formation, I think you will...