I think this is a giant B pullback from the 2017 bottom, also a B pullback from May 2022, C wave to follow. So far this is a big monthly re-tested and it looks great on shorter-timeframes too.
Link on the Edge and this is dangerous for LINK Holders
Link.D drops to 0.47 and if that goes down to 0.4
Link Price could be drops to ~ 20$
But in best scenario, if LINK.D can break this trend line again like September 6th or Sep 16th
Link price Rise Above 35$ Again
.... to look at the other charts Chainlink looks a lite bit confusing.
Against ETH and BTC is very undervalued. This is the only chart that makes sense. Falling wedge on a Dominance.
I think, that we are in a final squeeze for chainlink. Everybody speaks about how undervalued it is.
We see a clear signal on RSI higher lows with a lower low on a chart.
Let me...
Truly I have no idea if charting dominance charts works, but I have been following LINK for a long time and the dominance has been growing exponentially for a few years. The link/btc chart is sort of trash at the moment, I’m not sure what will change the narrative. The fundamentals are solid, top 1% of wallets continue to accumulate, coins leaving exchanges,...
Morningstar in the making. BIG reversal coming up. Be extralong.
Marines will make Link rip through the market. This setup carries soo much energy. This move will be absurd imo.
On the log scale a parabola is a straight line, and Link.d was in a rising wedge . The parabola was lost on November 29th when dom dropped out of the rising wedge . The first target for now is the POC at around 0.33%, followed by the rising wedge target at 0.1%.
There was hope that link will surpass major caps, it remains to be seen if in next year, capital will...
