I am showing this analysis on the LOG scale chart.
Chainlink (LINK) recently had a golden cross (50 crosses over the 200 ma) on the 1D Chart. Per the charts, the last time this happened was when LINK was around $2.84 and it went into a Death cross at around $20.52 (about 615% increase).
If LINK can get back to the top of the channel, that would be around $116 with about a 250% move.
What are your opinions on this? Comment below, hit the like and follow me. Thank you!
Check out more below for recent Altcoin, Bitcoin and Stock Ideas.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.