Long on ChainLink From $3 to Over $20 Per Share/Coin in 2 WeeksLink has partnered with Google Inc on some really amazing and innovative technology that is really set to pave the way into future of blockchain and crypto tech. I am looking for Link to be an overall stable investment for our portfolio.
Chainlinkusd
CHAINLINK USD massive potentialassumptions :
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 more bears
All of this, and more, will be realized by 2020.
Don't be late to the party
7's
ChainLink Symmetrical Triangle 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 and resistance at top of triangle. Keep an eye out for volume as that will be key to breaking both resistance levels for a test at BTC ATH.
Not Financial advice just my opinion.
Could this be the end of the ChainLink 3 Month Falling Wedge 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 possibly a head and shoulders pattern to see if this prediction has any value.