KRAKEN:LINKUSD has been following these bull pennants since it was created, jumping into smaller and smaller triangles. Arbitrum is scheduled at the end of this 4 year triangle, it looks like they're positioning link for one last fakeout before the arbitrums pump to 100$
BULLISH FOR CHAINLINK THE KING OF ALL COIN WILL BE MUNBER ONE .100 MARINES
Triple triangle from jan5 2021 to may 13 chainlnk the king of all coin will br number one ,100% marines
Link is following this channel since the drop from 37$ This trend could mean chainlink taking a short term drop as low as 30.29 in the next few weeks without breaking this upward trend. I see this trend breaking upward in June.
Link has played out W patterns multiple times in the past and looks like its following that pattern again. Bouncing between the bull pennants on the daily charts for a few more weeks until it breaks upward from this pennant and paints another W. Mostly sideways action but slightly bullish. There's a possible way the triangle gets bigger if link goes to 37 in the...
Long term link has followed this pitchfork trend that has lined up with adoption rate over time. Started in 2017 and it's still playing this pattern out. Over the years it has made massive bull triangles, and is consistently breaking them before they complete. If we keep running along the middle channel, it can break up into the highest channel upwards of 100$...