2 SMALL BOUNCES THEN TO THE MOON FOR CHAINLINK!! 2 small bounces then to the Moon!!! OK maybe not the moon but at least fighting for support when we hit the defensive line at $19. Then the next hurdle will be to break through $22. Their Defense is strong. But after that, $30/$34 here we come. Coincidentally right around the same time as kickoff for the Superbowl👍
Chainlink
ETH , Short in midtermThe ETH is still falling down in its descending channel
But it does not seem to be able to break the Channel ceiling and downward trend this time as well
I think the price needs to be retest again at the 2000$ level.
Unless Bitcoin completely returns to Bullish , the whole scenario will change !
📊 #ETH ( Ethereum )
💹 Time Frame : Daily
👤 Saeid.Mahbob
📅 02.05.2022
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BINANCE:ETHUSDT
#Chainlink Still Holding #btcstarburstIt looks like chainlink came down and bounced on target… Does this mean it’s over? Hmm.. It gave many great opportunities To buyIt looks like the green line is the major support… Falling through that. Takes us to the$9.5 region…. not likely but always put an order just in case… I think $18 first heading towards $26 DCA safely GANN Study Jon Fiorucci
Chainlink: Linking Marines to FortunesChainlink, an oracle network. The leader in the DeFi space behind Ethereum (IMO).
In my uneducated opinion and observation, it looks like Chainlink is on the verge of a breakout.
Historically, Chainlink has followed a pattern that I'm sure a lot of people have noticed. The BLUE oval indicates a "temporary peak" and the RED oval is a "higher temporary peak". There is "Fluff" in between both ovals, that to me is really just fluff.
Once the RED oval has been hit, Chainlink falls for one last bounce until it reaches the next BLUE oval.
IMO, Chainlink is on the verge of the last bounce, and will then be running to a new ATH aka a new BLUE oval (I would guess anywhere from $80-$100) then will hit its "Fluff Peak" (Green oval) by the End of February 2023, and hopefully hit my price target of $250.
Again, just my uneducated opinion. *****TRADE AT YOUR OWN RISK******
CHAINLINK Follow Up #btcstarburst What is more likely we break through to the upside… head toward $25… rejection head down to around $15.5… possibly fall through heading toward $9.60… Again sometimes this would be a Project play… if BTC holds steady and continues to the upside… I cant see the break down to $9… Just because people say BTC is coming down, you have to laugh… BTC will spit in your face when it wants to and shoot off like a rocket or jump off a cliff and take your money…. Looking at this chart If… That’s a big if chainlink breaks down to $9.60 accumulation DCA Safely… But that would mean we had a major pullback in the market again… DCA everywhere SAFELY… REMEMBER you get RICH in the Bear market!! The time will come to sell CHAINLINK is Undervalued… $300+ at some point… This is a GANN study Jon Fiorucci
LINK LiftoffChainlink is looking increasingly bullish after breaking above 17USD resistance.
In addition, these re-tests have also been getting added support from the H4 20 EMA (exponential moving average) which is now below current price (bullish).
Should Bitcoin continue hovering between the range of 37K USD to 40K USD, then Chainlink breakout levels place the next level of resistance around 21USD.
SUPPORT: 16.50 - 17 USD
RESISTANCE: 21 USD or Higher
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