


Brother-Doug
Are we ready to pump it up? Chainlink is now retesting lowest support $18-$17. Is this the beginning of a new chapter for chainlink? Let's hope so. I feel we have a Ton! of support in this area to not go any lower. $50+ for Chainlink coming to us this summer??
Nothing more than boredom here. Just a Blend of Covid Dump and September's Flash crash that has been inverted/flipped.
Here's a simple idea on chainlinks Breakout ( red circle ) keep an eye on support and resistance marked in this graph. If it drops it could go to $10.
Currently sitting at the very bottom of an under-sold status on the,monthly RSI chart. Chainlink is getting ready to peak out above the negative trendline. Looking back at the daily chart, we may have found our support for further momentum upward at or near $17. This is showing our next hurdle on the 4 hr chart is going to be $22-$23 for link to assume new support...
As long as everyone continues to publish bearish news the market will follow. As it stands right now Cardano failed to find support above .382 and will test support @ $1.02 range, failure to do that brings us down to the bottom for now at .87 cents.
This will chart chainlinks performance on a 4 hour chart The orange line represents the highs 200 days ago today and the black line represents the highs 100 days ago today. I placed them along the current highs as of 1500 hours today. This is just done out of morbid curiosity.
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👍
OK, I'm pulling out all stops , pointing my finger to Left field and signaling a Homerun!! Here's what gonna happen, mark your calendars for Feb 23rd 2022, Chainlink is flying out of the stadium!!! Going , going, goooooooooone!!!! No analysis, No trending calculations, No investment strategy....
Cardano finding a cozy support zone at 1-1.05. Seeing this has been it's home over the weekend , I'm seeing a possible break to 1.10 -1.15 to test new line of support. Be prepared as this just may be a check to see if there is enough room for Cardono to move into. Possible to retrace to .98-1.00. Things are indeed looking hopefull.
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
Not a whole lot of support at these levels. Possible that we could reach .64 cents for Cardano. Unlikely .30 cents but this market is very fragile right now. I personally see possible support around .70 cents. Anything can happen. I drew possible support and resistance lines as a guide only.
Possible retest of support around $19, keep an eye on that tho . I'm seriously thinking we go lower before the end of the year. Still possible to hit $15 again. Nothing more than trends and a feeling. Up to you and link to work that out.
Another drop for chainlink in the next day or so. Take your profits and buy something nice for Christmas. Looks like it will hit at the $15 range or if the support hold we can be testing $20-$25. Just a guess as I'm not a Psychic. Just a study of patterns, I'm no Stock guru by any means. Good luck either way.
Chainlink massive drop testing June/July support levels. Possible bottom 15-13 dollars inevitable.then a quick 2nd retest/confirmation. Then sky's the limit after the holiday's.
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.
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...
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.
Just 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