FiveDayCrypto

FiveDayCrypto

Noticing a nice textbook Elliot Wave formation that could be shaping up for its 5th leg up soon!

FiveDayCrypto

Look at the similarities. History doesn't always repeat, but it often rhymes. LETS GOOOO!

FiveDayCrypto

Take a look at the similarities and see if we mirrored the last move to the T (we obviously wont exactly), we would be in for a major move up in the next week or two! Be ready!

FiveDayCrypto

IF DXY and get rejected off our 18 year support / resistance level, crypto can pick back up it's momentum and get moving up again! If the DXY falls, crypto very likely booms higher.

FiveDayCrypto

Be on the lookout for a big bounce of the shown support / resistance line in the coming weeks! This is a WEEKLY chart and has had many touch-points the past few YEARS! If this happens be ready for BTC to take back over the market and strangle the rest of the market in the immediate term. This would be much better for crypto than to have BTC have a massive...

FiveDayCrypto

We take a look at Polkadot and notice a few similarities of past moves. History doesn't always repeat, but it often rhymes. We shall see soon enough. Thank you!

FiveDayCrypto

If we look at the channel here, we notice anytime we are above the top line, we have a few days at most before we are back in the channel. Anytime we are below the bottom line, we have at most a few days before we are back in the channel again! This has been repeating for 5+ weeks now. Until there is a major shift in the market (BTC dropping down or moving...

FiveDayCrypto

If we confirm a bull flag and break out soon, our price target for the top would be over $50k in the coming months. Everyone is screaming we are going down, which is why I doubt we are. Be prepared either way!

FiveDayCrypto

If we continue to stay in this range channel, we would like to retest the top around $28 and breakout. If we don't break out, we will re-test that bottom in my opinion. Keep watch!

FiveDayCrypto

I think if Chainlink can close another weekly bullish candle like last month, we could repeat something similar and take us over $30 USD in the coming weeks.

FiveDayCrypto

Noting the falling BTC Dominance, I think we could be on the brink of a spectacular alt season if this plays out and BTC dominance continues to drop!

FiveDayCrypto

Today I noticed we could be making a near textbook Elliot Wave Pattern from Chainlink on the Daily chart. If that is true, we would expect the next week to be the 5th and final leg up before a correction. With the Presidential inauguration, the DXY (US Dollar Index) could become much more volatile and invalidate this pattern. Just an observation and something...

FiveDayCrypto

I believe Link will back-test it's previous ATH of $20, and then explode much higher in the coming days/weeks. This is only expected with Bitcoin holding current bullish levels. If BTC crashes in the short term, it will drag Chainlink and altcoins down with it.

FiveDayCrypto

We are approaching the .5 line on the Fibonacci retracement. This is a DECADE long Fib! In my opinion, if the Crypto markets want to continue moving up, the DXY must break the .5 level! If it double bottoms and starts moving back up, the crypto markets will be put on hold. However, I do believe it will break. There was a DEATH CROSS on the weekly chart mid...

FiveDayCrypto

We are approaching the .5 line on the Fibonacci retracement. This is a DECADE long Fib! In my opinion, if the Crypto markets want to continue moving up, the DXY must break the .5 level! If it double bottoms and starts moving back up, the crypto markets will be put on hold. However, I do believe it will break. There was a DEATH CROSS on the weekly chart mid...

FiveDayCrypto

Our last cross of the 21 month MA was nearly 18 YEARS AGO! That was catastrophic for the US dollar. We have just CROSSED again! This is terrible news for the dollar and GREAT NEWS for CRYPTO! Buckle up!

FiveDayCrypto

On the weekly chart, Chainlink has formed a very strong floor in my opinion. It also coincides with Link's 21 week EMA which makes it even stronger. If prices fall below in the short term, I would expect only a brief wick and I 100% expect to close any weekly candles ABOVE that trend line!

FiveDayCrypto

Today we look at Chainlink LINK and see if we can tell when the all time high may happen. Look at the similarities of the patterns shown. I believe we may be a few weeks to a month away from a breakout if Bitcoin doesn't massively correct in the short term.