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👍
Forcast
Bearflag forming on 4Hr Chart for Chainlink Look for a Break above $16 and a candle that holds above $16.50 to confirm break out during this bear flas scenario. Possible further retest of support at previous low of $13-$13.75ish at beginning bearflag formation
BTC 100% GAIN potential over next 55 daysBTC is on the pivot from a complete bear market or just respecting this range of a scary large bear trap...
Using the previous price action as an example we can look for a bottom by watching for rounded bottoms on the bottom trend on the range.
We can see that BTC does indeed print a few rounded bottoms quite clearly at previous bottom so hopefully we can see it again, using the trend for more confluence.
If we have a fake out below botom trened which is likely i would look for a rebound from the red trend line, if this dosent break back into the pattern i would start to worry.
All in all watching all these pointers i am confident to wait and watch for 100 gains or just exiting the market at this range breakdown confirming absoloute blood bath...
$34+ INCOMING FOR CHAINLINK As simple as the title states. Currently Chainlink has been accumulating support around $25 for the past 24 hours. Reminds me of Sonic the Hedgehog spinning in place before Blasting off and collecting his Coins. Sorry, there is no indepth TA for this bit. Watch for a retrace to $28 to confirm additional support before we continue to an ATH. good luck and happy trading.
Possible Head and shoulders *LONG*
Keep an I on the possibility of this being an outcome for Chainlink. Even though it has been on a pure uptrend testing it's highs and lows and pushing forward. There is always another side to every success story. No matter what I believe, Chainlink will push through eventually. Keep an eye on resistance levels through the week. $27 specifically, if we find it causing resistance it is possible we can end back up we we are currently sitting at $22 - $22. 40 . Which in turn if this forms the infamous H&S , this may in turn push us further down to the $19- $17 range. Just hypothetical but possible. Good luck and Happy Tuesday!!
$34+ INCOMING FOR CHAINLINK *Update*OK so we're starting from scratch. Idea fell below $25. So now we're fighting that as resistance. No change in target to proceed further. It still is sitting at $26.80.
RR > 27 , Risk < 0.5%Decreasing doown trend velocity and strength is obvious, BTC seems going to return to pivot (ATH, 69k)...
There are some levels with different amount of remaining orders above, the first one is 50K
for a intresting short term trigger, i hope i can enter on 43.9k just with 220$ stop loss...
let see what's going to happen...
Triple bottom seen on 4 hour chart Bull setupJust showing the possibility of a very near uptrend for Cardano. Sitting at the 1.18-1.20. it now has checked this area for support over and over again. This is the first time in a while forming a BULLISH triple bottom settup. Look for further upward movement going forward. Will we see our 3.00 again?. Looks possible. Good luck , hope you are all enjoying ur weekend
Does Chainlink Have enough Momentum to Push Through this Wave?Projection of Links Wave Movent and its consistent significantl loss of momentum after every wave. Only at the beginning did it throttle through. Is this the next major push?. Possible collapse after $34 yet again. But looks like we may have the cloud in our favor. We'll see.
Chainlink Bulls are Buying!!Currently @ $18+ look for another $6 increase to $34`ish, before retracing back to $16 for a retest of support. It is possible it will hold @ $19, just be aware it may crumble after it hits the $34 mark. Good luck and happy trading!! Hope you all have a great week.
Possible ADA inverted head and shoulders scenario "LONG" UPDATESmall H&S forming , right shoulder completing with a possible low $1.20-$1.22. If this holds we will continue Bullish to $2.40 in the next week. Worst case scenario, be prepared if neckline breaks we could possibly see our $1.00. Though there is too much support around $1.20, I can't see that happening. Good luck and I hope you all enjoyed you new year.