LINK
🔥The Whales Support Tezos Price: Breakout Of Huge Channel❗️🔥XTZ in a bullish trend since whale support the price at the bottom of the channel (green area). Now XTZ breaks the channel and tests it as the support which is bullish sign.
If Bitcoin continue it's grows or consolidation at least, the price of all altcoins will go up. Especially, price of altcoins that still close to the bottom as XTZ.
💥 The two targets are on chart. $2 and $4 are the biggest resistances.
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Chainlink Distribution Fractal (Warning) Fractal of Doom It seems that we have formed a distribution topping fractal here in Chainlink , the fractal of doom is back!
Where did i get this fractal from? well its from the 2018 Bitcoin bear market.
This fractal from 2018 all of sudden formed at Bitcoin all time high in 2021.
And now its back! it seemed to have formed here on Chainlink!
Looks very similar! , that higher high to bait everyone in before it rolls over!
My view on why the top is in below.
When I first discovered it January 2022
LINK - Gearing up for MASSIVE GainsHi Traders, Investors and Speculators of Charts📈📉
For a while now, LINK has been trading in a very clear accumulation phase. This is the zone we see after a bearish cycle and BEFORE a new bullish cycle.
Chainlink can be very "wicky", and often the price will go JUST UNDER/OVER the resistance zone, or JUST UNDER/OVER the support zone. This makes it hard to give precise entry points. Working within ranges and choosing the lower part of the range is the safest best to protect against those ugly wicks.
Here are some easy setups that guarantee profits during the next bullish cycle - but you will have to have packed-bags in order to bag-in on profits!
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COINBASE:LINKUSD BINANCE:LINKUSDT
LINK/USDT 4HInterval ChartHello everyone, I invite you to review the LINK chart on a four-hour interval. In this case, we have a visible movement in the upward trend channel, where locally the price remains below a strong downward trend line.
Now let's move on to marking support points for the price and we can see that first of all we have a strong support zone from $14.38 to $13.58, which is located just at the lower border of the current channel, but if the price drops lower and breaks out of the channel , we can see a strong decline close to the height of the channel towards the support level of $11.26
Looking the other way, we can see that the price has currently bounced off the resistance level at $15.32, when we manage to break it higher, the price will move towards the strong zone and the upper border of the channel from the level of $17.14 to the level of 18.09 $.
Please look at the RSI indicator because you can see movements around the middle of the range, while the STOCH indicator, despite the increase, does not show a significant price increase on the chart, which may translate into further declines and an attempt to leave the channel at the bottom.
🔥SNX Trying to Break 1-year Channel: What Are The Targets❓🔥SNX is the top gainer and grow for 2 months straight. Now the chart shows that SNX doesn't have enough power for the futher growth. Only the breakout of the channel and test it as the support will confirms the bull power.
Possible that price can fall to the middle of the channel. I think that it will be a good entry point in long. You need to pay attention on Bitcoin of course to make the right decision.
💥The 2 targets are on chart. Enjoy it!
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Cryptographic Truth Final Run (Chainlink) (Re-Upload)The fractal continues to play out like the last Chainlink Cycle.
I started to see a bump and run pattern forming, so I went back to 2019 where we are now in the fractal, and we find the same pattern: a textbook bump and run pattern. There is now a very high chance that we will reverse from this point; we just completed the throwback with a double bottom candle pattern.
My position is still open from 14.6 and being added to the long position under 14.
At the moment, LINK is consolidating under the 1/1 Gann Fan, as you can see below.
According to the fractal, we don't get the real break till the 1st of December; it might look something like this.
The condition for this theory on the fractal playing out being invalidated is if Chainlink loses this lower high structure and breaks this red support trendline.
LINK/USDT 4HInterval ChartI invite you to review the LINK chart in pair with USDT. First, we will use blue lines to mark the upward trend channel in which the price is approaching its lower boundary.
In this situation, we will unfold the trend based fib extension and check the support areas. And here we can see that the price is above the strong support zone from $14.42 to $13.60, but if it goes lower, we can see a break from the channel and return to the support area at $11.31.
Looking the other way, we see that first the price must overcome the important resistance zone from $16.57 to $17.31, which would also result in an exit from the channel and after breaking the resistance at $18.26, a path towards $21.
Please look at the CHOP index, which indicates that we have more and more energy, on the RSI indicator we are moving around the middle of the range, but the STOCH indicator shows a clear recovery, which may result in a greater price drop.
Chainlink The Moment Of Cryptographic Truth (re-upload)It is now the most important time in this whole fractal; it's been over 381 days, and Chainlink continues to mirror its past. Link is now in a Pennant pattern, which is a bullish pattern.
The question everyone is asking is, is it over? Has it stopped mirroring? The answer to that is no; it has not stopped mirroring as of this moment.
As you can see, even throughout this segment of the fractal, it's been a pretty close 1:1; even this deep pullback is very similar.
It's extremely important that Chainlink now holds this higher lower structure for the fractal to play out its final move. Sometime in the next 24 hours, the price will reverse if the fractal is to play out.
As I have documented in this large series of TAs, Chainlink is moving around 50% less than the last cycle.
Even this move up from the start of this wave was about 50% less than last cycle. So if we measure from this point in time, 100% gets $26, which is one of many reasons my new target for this final wave is much lower than I expected. But as new information comes in, we change targets.
We have a lot happening around that number.
The 2/1 Gann Fan around the timeframe I set hits $27.
We also have three Fib levels around that area:
- 4.236 Accumulation level Fib - $24.4
- 4.236 Pennant level Fib - $28.9
- 0.5 Marco Level FIB - $28.6
So why the timeframe? Why December 15th to 25th?
The first date is straightforward; it's when the fractal pattern tops out. So by December 11th, the price should be back at $16.5 if the timing of this is going to play out the same.
The second date I set is December 25th. The reason why I chose that date is that the final wave in LINK's movement normally takes 14 days from the break of the range. If the fractal continues and it does breakout on December 11th, it's possible that the top would, in fact, be in 14 days from the range break, which would be December 25th.
As long as Chainlink does not break this Pennant structure, everything is still under control. If the Chainlink closes under this support and creates a lower low, everything goes out the window pretty fast.
It's the most important moment!
Re-upload guys , TA was taken down under house rules , my bad.
LINKUSD: Two buy entries for a 28.850 target.Chainlink is bear the 1D MA50, a support level that has been intact since September 18th (almost three months). Despite the strong pullback, the 1D technical outlook is only neutral (RSI = 46.740, MACD = 0.490, ADX = 23.241), suggesting that the trend remains bullish and rightfully so as the pattern since the September lows is a Channel Up. That emerged after the longer than 1 year accumulation phase ended.
There is an interesting symmetry so far with the Channel Down (March-May 2022) that led to that accumulation and if it holds, then we might see the 1D MA50 break and the price entering the Symmetric S1 Zone. That will be our 2nd and final long entry. In both cases, we are targeting the R2 level (TP = 28.8500).
See how our prior idea has worked:
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TWO entry (LINK)❤️❤️Thanks for boosting 🚀 and supporting us!
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1- I if break resistance = Entry trigger or buy stop.
2- back to break trendline = limit buy.
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LINKUSDT at monthly resistanceLINKUSDT has hit the monthly resistance MR1 and the upward move has been blocked by the monthly resistance MR1. The price attempted this resistance a few weeks back and got rejected. However, it made another attempt last week only to result in being pushed down. The price is currently trading just below the monthly resistance. Once this resistance is cleared in coming days, the next target would be monthly resistance MR2 which is sitting around 27-30.6. Looking at the price action, it seems that the price will break this in coming days and head towards MR2.
🔥Cyber Is a Future Binance Top Gainer: Pay Attention To It🚀🔥CyberConnect (CYBER) is the fresh altcoin on Binance. As usually, this is a low cap altcoin with the huge growth potential.
It fall and liquidate a lot of leverage traders along with Bitcoin pullback to $40,000. I think that the small "window" of opportunities is open before the real altseason.
💥 The 2 local targets for this altcoin is on chart.
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BRIEFING Week #50 : The BIG Catalysts are Coming !Here's your weekly update ! Brought to you each weekend with years of track-record history..
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Chainlink’s Early Access Staking Attracts $632m in LINKChainlink’s early access staking program quickly maxes out, with $632 million in LINK staked, indicating strong community interest.
This move to provide a revamped staking model is reportedly part of Chainlink’s Economic 2.0 plan. The project said it would expand its ecosystem to new users and reward stakers for on-chain participation.
The price of LINK surged as much as 12% on Dec. 8 when early access was announced and the crypto exchanged hands for around $16.61 per Coingecko. LINK’s price surged 35% in late October 2023, ahead of the new staking mechanism.
Upward Triangular PatternChainlink (LINK) has successfully breached its upward triangular pattern. The Fibonacci retracement level at 0 indicates a pivotal price point of $17.32.
Should Chainlink surpass this threshold, it is poised to approach its next resistance level around $20.
Currently, Chainlink is undergoing a critical test of support at the 0.5 Fibonacci retracement level, a key juncture in its price trajectory.
This analysis is for informational purposes only and should not be considered as financial advice.
Cryptographic Truth Part 2 (Chainlink)Part 1
The bar pattern continues to play out like clockwork, but for how long? There comes a time when every bar pattern decouples and fails to mirror. One of the most amazing bar patterns I followed was in 2022, where a distribution bear market fractal from 2018 started forming at all-time highs for Bitcoin.
For the next 218 days, this bar pattern mirrored 2018. It was mind-blowing, also the easiest trading year by far. The TA below was published at the start of 2022, so we knew how the whole year would play out with incredible accuracy.
The key to finding out where the top will be is within Bitcoin; almost every big move Chainlink has made last cycle has been followed by a large Bitcoin move as well.
So if we go back to the very first time Chainlink broke a massive range, we can see Bitcoin had a massive move up in 2019.
This right here is the only move where Chainlink moved up without Bitcoin, and it only managed half its impulse wave before Bitcoin moved up.
It's the only time in history so far.
The next and last range break was again followed by a Bitcoin move, and the final push to Chainlink's all-time high to blow off top was followed by Bitcoin moves.
So once the range breaks, Chainlink has a very distinct pattern, as you can see in the chart below; it's always the same:
One impulse up
One Pullback
One impulse up
That's it; then the move is over. It happens very quickly. You can see there the two times it's happened outside of a bull market. It took 40-50 days. 2021 took double, most likely because we were in a bull market. We are definitely not in a bull market, so expect the move to last around 50 days.
Let's take a look at what happened in the Bull market. Chainlink already made a run from 10 dollars up to 53 dollars; we are at 10 dollars right now.
2021
Bitcoin - 23,500
Chainlink - 10 dollars
2023
Bitcoin - $30,600
Chainlink - 10 dollars
The difference is massive from 2021 to 2023, but regardless, both assets ended up hitting the golden pocket at the same time in 52 days! Amazing stuff really; both are much more in sync than I ever expected!
So if we take the bar pattern (BTC) of the cycle low in 2015 and overlay it on today's price action, we get the following.
Pretty close mirror, especially the first cycle bottom in June 2022. So if we look at what fib level that was in 2015, we can see Bitcoin topped out just under the golden pocket.
Now, if we go back to the comparison chart of BTC and LINK, we can see that if Bitcoin did, in fact, top out under the golden pocket, that would then put LINK at $25.
So if we take a look at the macro and range Fib retracements, we can see that the 4.236 range retracement for LINK comes in at $25.
Everything you've seen in this TA is how I arrived at the most probable outcome for Chainlink this year for . This TA can change very quickly depending on what level Bitcoin is at, so it's basically near impossible to predict where it will top. As new data comes in, we will change targets, so don't take this to the bank. One thing is for sure, the bar pattern will guide the way.
The main thing we need to focus on here is the first pullback in this zigzag fractal. Where it pulls back will give us a massive clue on where it tops.
Now I want to finish off by adding a crazy outcome for LINK. This has a low chance of playing out, in my opinion, but anything is possible. So instead of LINK topping out at $200 in October 2025, it tops out at $750. This would basically be a mirror move from 2019 in terms of fib levels. Highly unlikely, heck if we made a 100% retracement by mid-November, it would be possible.