LINK.D trade ideas
ChainLink Dominance is a thing of Beauty Look at this thing, it should catch here and when it breaks the downtrend it should really take off. Good things for Link in 2023-2024 I think.
Link Dominance - I think it's time to flyI think this is a giant B pullback from the 2017 bottom, also a B pullback from May 2022, C wave to follow. So far this is a big monthly re-tested and it looks great on shorter-timeframes too.
LINK Dominance - Breakout PotentialLINK positioned well for relative strength against bitcoin and major alts. Looking for some follow-through and ideally some support test at 150MA.
LINK 1 Year Trend LineLink on the Edge and this is dangerous for LINK Holders
Link.D drops to 0.47 and if that goes down to 0.4
Link Price could be drops to ~ 20$
But in best scenario, if LINK.D can break this trend line again like September 6th or Sep 16th
Link price Rise Above 35$ Again
Chainlink analysis.... to look at the other charts Chainlink looks a lite bit confusing.
Against ETH and BTC is very undervalued. This is the only chart that makes sense. Falling wedge on a Dominance.
I think, that we are in a final squeeze for chainlink. Everybody speaks about how undervalued it is.
We see a clear signal on RSI higher lows with a lower low on a chart.
Let me know what you think in a comment section.
Thank you
LINK- Marketcap dominance. New high commingIt's time for Link to outperform the market. Money will flow into Link.
Not financial advice. Just sharing my opinion
LINK.D in short term falling wedgeTruly I have no idea if charting dominance charts works, but I have been following LINK for a long time and the dominance has been growing exponentially for a few years. The link/btc chart is sort of trash at the moment, I’m not sure what will change the narrative. The fundamentals are solid, top 1% of wallets continue to accumulate, coins leaving exchanges, etc..... I think the problem is no one truly understands the Oracle problem, no one understands what Chainlink is, and people still believe they are “dumping.” We need to remember the average crypto investor is just trying to get rich overnight and probably can’t comprehend the importance of technologies like bitcoin, ethereum, chainlink...
LINK.DLots of people very disappointed in LINK, incl me ... But it will get there, months to come! Just hold and do nothing except buying more.
Link.D / Spectacular reversalMorningstar in the making. BIG reversal coming up. Be extralong.
Marines will make Link rip through the market. This setup carries soo much energy. This move will be absurd imo.
Link.d lost its parabolaOn the log scale a parabola is a straight line, and Link.d was in a rising wedge . The parabola was lost on November 29th when dom dropped out of the rising wedge . The first target for now is the POC at around 0.33%, followed by the rising wedge target at 0.1%.
There was hope that link will surpass major caps, it remains to be seen if in next year, capital will flow back in, forming another parabola.
LINK Domination ProjectionHere we can see that LINK is in nice upwards parallel channel for a long time. My prediction is that it will get to 6-10% mcap at the next peak.
LINK.D Link will be KingAnd will replace BTC, exponential growth in market share coupled with a monster monthly MACD, compared to BTC monthly MACD which turned red.
