Cryptographic Truth Final Run (Chainlink) (Re-Upload)The fractal continues to play out like the last Chainlink Cycle.
I started to see a bump and run pattern forming, so I went back to 2019 where we are now in the fractal, and we find the same pattern: a textbook bump and run pattern. There is now a very high chance that we will reverse from this point; we just completed the throwback with a double bottom candle pattern.
My position is still open from 14.6 and being added to the long position under 14.
At the moment, LINK is consolidating under the 1/1 Gann Fan, as you can see below.
According to the fractal, we don't get the real break till the 1st of December; it might look something like this.
The condition for this theory on the fractal playing out being invalidated is if Chainlink loses this lower high structure and breaks this red support trendline.
SOL
Solana(SOL): Major Resistance Is Approached!!!We see a good potential for retracement from the major resistance zone at approximately $79, which is currently being tested. The RSI is hovering near overbought territory, indicating potential for a price pullback.
So with that being said, we are aiming here for three major zones. We have displayed three key support levels: the first support at around $53, followed by a more substantial second support at $41—which appears likely to be tested—and a third support at $27.5.
SOLUSDT at 4h support, likely to bounce to recent high 79.15Last long trade order could not be filled as the price moved further up without coming to our buy zone. However, now there is another opportunity for a long trade on this pair. The price broke out through daily resistance and now it is retracing . Currently it is visiting 4h support 4HS1 and I expect it to bounce. The target of this trade should be close to the recent high it has made.
Chainlink The Moment Of Cryptographic Truth (re-upload)It is now the most important time in this whole fractal; it's been over 381 days, and Chainlink continues to mirror its past. Link is now in a Pennant pattern, which is a bullish pattern.
The question everyone is asking is, is it over? Has it stopped mirroring? The answer to that is no; it has not stopped mirroring as of this moment.
As you can see, even throughout this segment of the fractal, it's been a pretty close 1:1; even this deep pullback is very similar.
It's extremely important that Chainlink now holds this higher lower structure for the fractal to play out its final move. Sometime in the next 24 hours, the price will reverse if the fractal is to play out.
As I have documented in this large series of TAs, Chainlink is moving around 50% less than the last cycle.
Even this move up from the start of this wave was about 50% less than last cycle. So if we measure from this point in time, 100% gets $26, which is one of many reasons my new target for this final wave is much lower than I expected. But as new information comes in, we change targets.
We have a lot happening around that number.
The 2/1 Gann Fan around the timeframe I set hits $27.
We also have three Fib levels around that area:
- 4.236 Accumulation level Fib - $24.4
- 4.236 Pennant level Fib - $28.9
- 0.5 Marco Level FIB - $28.6
So why the timeframe? Why December 15th to 25th?
The first date is straightforward; it's when the fractal pattern tops out. So by December 11th, the price should be back at $16.5 if the timing of this is going to play out the same.
The second date I set is December 25th. The reason why I chose that date is that the final wave in LINK's movement normally takes 14 days from the break of the range. If the fractal continues and it does breakout on December 11th, it's possible that the top would, in fact, be in 14 days from the range break, which would be December 25th.
As long as Chainlink does not break this Pennant structure, everything is still under control. If the Chainlink closes under this support and creates a lower low, everything goes out the window pretty fast.
It's the most important moment!
Re-upload guys , TA was taken down under house rules , my bad.
SOLUSDT long idea from 4h supportHere is another idea for long on this pair. The price has been rejected by the daily resistance DR1 and it was pushed down hard a while ago. That was a good long opportunity as the price bounced really well. However, that bounce met the daily resistance DR1 again and it is again being pushed down by the daily resistance DR1. There is 4h support 4HS1 sitting below around 69.73-70.6 zone. I think the price will visit that zone and experience another bounce which will give an opportunity for a long trade. Therefore, lets grab this long trade in case price visits the support zone 4HS1.
SOLUSDT at 4h support, likely to head upThe price has visited 4h support 4HS1 and has alrready bounced from there. This support zone 4HS1 presents a long opportunity towards the next resistance 4Hr1. Any dip to the zone is for the buy towards 4h resistance zone. If it manages to break 4Hr1, then the next traget would be daily resistance DR1. In case it breaks down from 4HS1, the next support level is daily support DS1 and will present another long opportunity.
🔥1INCH Is Still At The Bottom: $2 Is A Top Target❗️1INCH is still at the bottom and testing the top of the channel. If the price will break the channel, the price will go up.
I marked 2 targets on the chart. The closest target is at $0.91 key level and the next target is $2.
💥 Is the altseason coming soon❓
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Bitcoin(BTC): Stuck Inside FVG - Major Drop Incoming!!!Third Day: After a nice drop we had on BTC, the price has not shown any significant support or volume near the current zone, where the price is stuck inside the FVG zone and gliding slightly above the middle line of the Bollinger Band.
Today we are going to have a very volatile day with all those news stories, which we think will push the price finally for one last attempt towards FWB:48K , where we want to see the start of that major drop that we have been waiting for.
We still have a lot of FVG zones to reclaim in the lower zones!
SOL/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this SOL/USDT update from Crypto Sanders.
Chart Analysis:- This week, Solana broke the resistance at 67 and booked a 16% price increase. This allowed buyers to take it to 72 today.
If bulls remain strong, then the previous resistance at 67 can turn into support, and Solana can move higher still and towards 80 next.
this cryptocurrency continues to show strength and this latest breakout confirms that bulls are very much still in control.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
🔥Litecoin Is The Top Underperformer: Let's See in 4 Weeks❗️Litecoin is the underperformer among the top altcoins. OP, AVAX, SOL, INJ are already skyrocketing.
It's very important to note, that close inside the channel will be a strong bullish signal. If it not happen, the price will go down to the key local.
💥 The 2 local bull targets are on chart. Let's print!
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Entry by trigger for sell (SOL)❤️❤️Thanks for boosting 🚀 and supporting us!
📈Enter if support is lost and be sure to break with a powerful candle.
📊 (sell) : 58.43
🔴 Stop Loss : 60.92
🎯 Take Profit : 56.66 - 54.48 - 51.82
🔗 For more communication with us, In the footnote and send a message in TradingView.
👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
SOL/USDT 4H Interval ChartI invite you to review the SOL chart on a four-hour interval. We will start by identifying the upward trend channel in which the price holds using the blue lines.
Let's start by marking support points for the price and we can see that first we have a support zone from $67 to $64, but if the price drops lower, the next support is at $61, at the lower limit of the previously indicated upward trend channel, but we can continue see a quick downward move towards the support at $50.
Looking the other way, we can similarly determine the resistance areas that the price must face. And here we see that the resistance level is again the level of $74, and then the price must again face the resistance zone from $77 to $80, which previously rejected the price, then there is resistance at the level of $85.
At this point, when we turn on EMA Cross 10 and 30, we can see that the red ema cross 10 line is approaching the intersection of the green ema cross 30 line from above, which may confirm the return to the local downtrend.
The CHOP index shows that there is still energy for a move, the RSI indicator is in the process of rebounding with room for further declines, a similar situation is on the STOCH indicator, which also shows that the rebound resulted in a small price movement and created room for another decline.