I was about to call it quits for today but several people requested an analysis for LINK, so here it is.
Oh, by the way, I like Chainlink also and tend to publish many updates. Just lately I was out but now I am back healthy and with full force.
There are two main dynamics playing out on this chart that are of interest to us:
1) A perfect falling wedge pattern. This pattern is a classic reversal signal and one of the most accurate. It simply works.
2) A long-term support/accumulation zone. The falling wedge is enough to predict a reversal, but the action just entered the late 2024 buy zone and long-term support. This makes it even stronger.
I am sure we have positive signals coming also from the MACD and RSI.
This chart is based on the long-term. Again, if you would like to find the 2025 ATH for this or any other pair, just go to my profile by typing on my username and search for the pairs name. In this case, LINKUSDT, you will find many publications that are still good and valid when it comes to the numbers and ATH potential. I published many in 2024 and some even in 2023.
Now, the apex of the falling wedge is a higher low compared to the bottom in August 2024. This is good and works to support the other signals.
Trading volume is very low on the drop and this is also very good for the bulls. The market is on autopilot. It is dropping just because it needs to drop. Bot selling. Bot selling ends when real buying starts. We are about to experience a massive influx of money into the market.
Now, money is already "programmed." The exchanges already have the whales money. Money has been moving around for months now and the entire game is already setup. The start of the next bullish cycle has been programmed, you know everything works with algorithms and bots. The big players pay the exchanges and the exchanges take care of the rest. The only way for small players like us to win is by playing the long-term game. If we play short-term, we get killed because we are looking for 20-30% or more, while the whales can profit with 1-2%. While we try to complete a trade, they shake us out over and over, again and again. So instead of fighting the whales we use a strategy that works. We wait for the market bottom, when the market hits bottom or is close to the bottom, near support, we buy and hold.
We then just wait and let the bullish cycle unfold. When everything is up, we collect profits and move on.
There is also a play to short the market after the end of the bullish phase. I also play this hand and give guidance to my followers and traders, but this is far away.
Right now your only concern should be buying, buying like the world is about to end. Why? Because once the market starts moving there is no going back; once great entry prices are gone, they are gone forever.
The time is now.
Chainlink is good and trading near long-term support.
Buy when prices are low, it will soon start to grow.
It can take weeks or days, but it won't be long. The next bullish cycle should last between 6-8 months. It can expand at last 12 months or more. We will have to see about this part because market conditions are so different now, who knows if we will enter a 10 years strong/long bull market cycle, it is possible, just like it happened with stocks. But we can only prepare based on what we know, and what we know is that most of the market will grow really strong. If it gets better, great. If the bull market ends up being a standard one, this would still be awesome.
Thanks a lot for your continued support.
Namaste.
Oh, by the way, I like Chainlink also and tend to publish many updates. Just lately I was out but now I am back healthy and with full force.
There are two main dynamics playing out on this chart that are of interest to us:
1) A perfect falling wedge pattern. This pattern is a classic reversal signal and one of the most accurate. It simply works.
2) A long-term support/accumulation zone. The falling wedge is enough to predict a reversal, but the action just entered the late 2024 buy zone and long-term support. This makes it even stronger.
I am sure we have positive signals coming also from the MACD and RSI.
This chart is based on the long-term. Again, if you would like to find the 2025 ATH for this or any other pair, just go to my profile by typing on my username and search for the pairs name. In this case, LINKUSDT, you will find many publications that are still good and valid when it comes to the numbers and ATH potential. I published many in 2024 and some even in 2023.
Now, the apex of the falling wedge is a higher low compared to the bottom in August 2024. This is good and works to support the other signals.
Trading volume is very low on the drop and this is also very good for the bulls. The market is on autopilot. It is dropping just because it needs to drop. Bot selling. Bot selling ends when real buying starts. We are about to experience a massive influx of money into the market.
Now, money is already "programmed." The exchanges already have the whales money. Money has been moving around for months now and the entire game is already setup. The start of the next bullish cycle has been programmed, you know everything works with algorithms and bots. The big players pay the exchanges and the exchanges take care of the rest. The only way for small players like us to win is by playing the long-term game. If we play short-term, we get killed because we are looking for 20-30% or more, while the whales can profit with 1-2%. While we try to complete a trade, they shake us out over and over, again and again. So instead of fighting the whales we use a strategy that works. We wait for the market bottom, when the market hits bottom or is close to the bottom, near support, we buy and hold.
We then just wait and let the bullish cycle unfold. When everything is up, we collect profits and move on.
There is also a play to short the market after the end of the bullish phase. I also play this hand and give guidance to my followers and traders, but this is far away.
Right now your only concern should be buying, buying like the world is about to end. Why? Because once the market starts moving there is no going back; once great entry prices are gone, they are gone forever.
The time is now.
Chainlink is good and trading near long-term support.
Buy when prices are low, it will soon start to grow.
It can take weeks or days, but it won't be long. The next bullish cycle should last between 6-8 months. It can expand at last 12 months or more. We will have to see about this part because market conditions are so different now, who knows if we will enter a 10 years strong/long bull market cycle, it is possible, just like it happened with stocks. But we can only prepare based on what we know, and what we know is that most of the market will grow really strong. If it gets better, great. If the bull market ends up being a standard one, this would still be awesome.
Thanks a lot for your continued support.
Namaste.
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💥💥💥 Early 2025 Results (NEW)
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🏆 FREE Trade-Numbers
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🚨 You need PREMIUM trade-numbers to profit from Cryptocurrencies —Best timing & amazing results! 👉 lamatrades.com (Since 2017)
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.