Chainlink has shown an unusual pump and retracement movement over the last year. Although trend is bullish for a long time, every pump is over 100% in a short period of time followed by periods where retracement of at least 30% occurs.
Following the recent uprise of 140% in 25 days, I expect a short term retracement of at least 15%, but we will see what the future holds.
The last few days I've taken as the end of the previous bear run and the start of the next long term bull run.
This is a long term prospect, but I believe a +500% movement (90$) from this months' lows can be reached by next year, similar to what happened after the 2018 bear run, that was followed by a 436% movement.
Position opened @ 15.21$
At least 50% expected...
Following a successful prediction in 2017 about the MACD reversal (), I believe stellar is up for grabs for a wealthy valuation. The volume in this chart is misleading since bittrex is not a major volume exchange, but serves as my historical analysis.
30D WMA showing bottoming signs, breaking the Dec 2018 bear channel and is currently approaching the 200D WMA. If...
Possible upcoming 30 day and 100 MACD reversal point could signal momentum shift to the upside, supported by the recently announced partnership between Stellar and IBM
