Top chart is Chainlinks 3-year trend/band of the marketshare. We have seen a confident trend within and have just confirmed 2 weekly candles above support with a hint of reversal/bounce already. LINK/BTC (not shown here) is printing a reversal on the weekly as well, right above one of the strongest supports on the chart which has also been an old ATH level. Adding...
Bearcase calculated by the ROI of Chainlinks own runs in the middle of the bearmarket. Chainlink is an absolute beast here and opens up a new category of an altcoin. One that does not go down over the full bearmarket OR simply oscillates to and from it's highs and lows each cycle. Even the bearmarket runs Chainlink had, brought between 309% to 717% from the point...
BTC has reached 80% of it's ATH value. Historically, once it reached 80% it only took 12 days on average to reach ATH. After that the dynamic of Altcoins changes a lot. Sat pairs suddenly getting a lot stronger in every dip. We will also start to see a much more aggressive shit of capital from BTC to Altcoins. Over the past 2 years we've barely seen coins doing x5...
We are on track. Performance has been very similar over past years. Chart does rhyme closely. Expecting the divergence/offset to increase with more time going by as the cycle lenghtens. Peak price for Chainlink should be reached by mid 2021 to early 2022. Next milestone will be $27 mark. We should reach it within the next 1-2 months to be on track
Nothing to say here. New All Time High Imminent
Not much to say here. Simply impressive and unprecedented longterm performance of Chainlink. Price chart of LINK/BTC vs BTC/USD, both indexed to the very peak bullmarket . While Bitcoin bottomed at -83% in late 2018, Chainlink already put in a profit of about 300%. Now that Bitcoin is only 31% from it's all time high, Chainlink is up an insane 5,700% since...
We are in the 8th week of holding the 20 week MA for Bitcoin after a retest. This is enough time to confidentially say it's confirmed. Macro-investors agree on the idea that the 20 week MA is one-of, if not *the* key indicator of a bullmarket. Now, I've marked the erxact candle where BTC had this successful retest of 20 week MA and put an overlay of the total...
Chainlink has been beating the whole market. Hard. I feel like not many people really understand and see that outside of the Chainlink Community. Going by last 3 year performance, 2 year performance or since last cycle bottom with BTC at $3200 and ETH at $85. Chainlink has seen the greatest increase in price. Slow and steady over the whole time. Red+Green...
Just plotting this chart here for potential reference in the future. Nothing to special to see here. A good part of the Amazon charts looks very similar to Chainlink but the timescale is very different though. Still, interesting to see and compare these two as they are both respective top performance in their industry at the time. If Chainlink were to follow...
(Left chart is ETH at a similar phase in the last bullrun, right chart is LINK) This is the dip everyone waited for but is now too scared to take it. We are currently at $10.80, price had hit $9.10 an hour ago.. People will dream about these prices very soon. This kind of dump only happens every few months at max. All the greedy fucks got shaken out. Fuck them....
The current weekly candle will represent the turning point. Bitcoin is about to confirm a successfull 20 week MA retest and this will ignite the broader, more parabolic altseason. Yellow line: 20 week MA Orange vertical line: First successfull retest in 2016 and 2020 Blue, Pink and Orange Box: First, Second and Third try of retesting 20 week MA Blue line:...
I scaled the charts to about the same magnitude growth for each first first cycle. Left one is LINK. Middle one is ETH. Right one is BTC Without going into any FA this time.. other than saying again that Chainlink is THE big thing of this cycle, Chainlink was the best performer since last speculative bubble peak out of the top 500 cryptos and that it will...
Chainlink is the new big thing of this crypto cycle. Decentralized oracles are needed in all kinds of known DLT projects, banking, insurance and derivatives. The network effect is gigantic and easily bigger than the one of Ethereums. This is one of the reasons why Chainlink managed to pump x10 over a bearmarket, while every other alt is still -90%. I plotted the...
This is an alternative case I could see happening for Chainlink and the whole crypto market and is in conflict to my 1500$ per LINK prediction from october 2019. I'm really just using chart patterns and compare % gains from top gainers of the last cycle again but apply the exception here that somewhow, someone or a group started buying crypto in masses "too...
I think the BTC run is over for now. I'm using data from cftc.gov about the biggest futures positions from asset managers and net position of asset managers as well as retail traders. Also I got an indicator that only shows 'real' volume from handpicked exchanges like Binance, Coinbase, Bitstamp, Bitfinex. Blue and Yellow on the price chart is the Retail Net...
Chainlink daily RSI was able to reset all the way down to 30 and still kept the sats value pretty high, forming a nice bullish formation. We have a really nice higher low and an insane huge bullflag forming up right in front of our eyes. People are panicing and mad because of the USD price caused by the sats correction and Btc shitting the bed at the same time....
Altseason will start when the first higher low of this 4 year cycle is confirmed and BTC starts to go sideways. Many altcoins will have an aggressive runup within 4-8 weeks, top gainer of last cycle, ETH, went up x10 in that time span. I expect similar returns on Chainlink, given the huge network effect and partners integrating it, and the insane strong...
This aligns with the last bearmarket and with a rough drawn curve from the current bearmarket. Blow off top would be around 9100$ with a strong correction to 5400$ afterwards, the same 39% correction as in 2015 from 503$ to 302$.