assumptions : smartcontract mainnet launch and market-wide implementation/adoption by end of Q3/mid Q4 smartcontracts as industrial standard (I S O 20022) enterprise nodes, private nodes, and pool nodes are massively launched API to blockchain symbiosis general bull market ETH (and dapps) skyrocket, again BTC experiencing relatively stable growth, no...
As you can see the symmetrical triangle formation on the daily; ChainLink can be expected to break out in the coming days. MACD has flipped which has signaled an end to the selling pressure. Bears were unable to break through support of the triangle which signals a possible breakup rather than a breakdown. Resistance at the orange line which is the moving average...
I believe this could be the beginning of a major price change. As you see the price has finally broken out of the 3 month falling wedge trend and could be leading to the bullish uptrend that we've been looking for. I think we could be seeing a rise back to 60 cents possibly even 1 dollar USD. we will see over the coming days if we see the uptrend beginning or...