Analysis: -Strong EMA crossover. -200 Day EMA retested, showed strong support (demand.) -Fibonacci trend suggesting mid $200 range. Visit @NeziahZcash on twitter for more info on zcash community building and info.
Might see DOT/ETH enter demand zone in which I will take advantage (2X on Kraken) of but it might not drop that low either. Either way overall bullish. Holding should be good for the summer
Fib levels suggesting enough momentum for bullish trend continuation. A strong correction has been in play the past week and a half and the question remains: will the bears continue to push further down?
*NOTE: Last time Chainlink traded in this area we saw a major bullish rally. USA to see second stimulus in the near future? *Bullish Divergence, MACD still crossed over, RSI showing buy power* Previously, Chainlink entered the demand zone which led to its key retest of the $11 area (more/less) and is showing recent support of $9. With that being said, we must...
*DOUBLE BOTTOM *RSI BUY POWER *BULLISH DIVERGENCE *MACD UNTAPPED GROWTH LONG. NAFA DYOR*
*MACD CROSSOVER ON DAILY *BULLISH DIVERGENCE *RETESTING PREVIOUS RESISTANCES 40%+ INCREASE IN 2 DAYS > RETESTING PREVIOUS RESISTANCE OF $12.70USD POSSIBLE BREAKOUT
RSI OVERSOLD: FALLING WEDGE CHART TREND LINES SHOWING MAJOR FALLING WEDGE MACD CROSSOVER IMMINENT LARGE DOUBLE BOTTOM *GREAT NEW LONG POSITIONING* *NAFA, DYOR*
3 KEY INDICATORS: RSI FALLING WEDGE + DOUBLE TOP HIDDEN BULLISH DIVERGENCE MACD CROSSOVER SOON DYOR. NAFA.
Link has proven $13.30 as a strong support as it aims to retest $16 resistance level for a possible breakout to $20+ in the coming week! Important news to drop tomorrow as smart contract summit commences. *Not a financial advisor*
Seems Chainlink found a new strong support; and if it holds we can be ready for new ATH'S. Historically speaking we can see 150% + coming!
The possibility for a $14.85 retest is possible before Chainlink prints money. (I noted the price to keep an eye for if it breaks lower.) Link's on sale! Spooky Season is near. Not a financial advisor, dyor.*
Quick correction. Linkies on sale. Then Shooting up. Dyor. $25-$35 EOM. IMO****
It's going to be an exciting week for Chainlink! nafa* dyor*
Chainlink under $100 is a steal. *NAFA DYOR IFYKYK
be ready for chainlink to melt faces imo. nafa**** if you know, you know.
Waiting for confirmation. NAFA***
**NEW ALL TIME HIGHS*** Strong buy imo, thoughts?