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3X Long Chainlink Token3X Long Chainlink Token3X Long Chainlink Token
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3X Long Chainlink Token

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LINKBULLUSD trade ideas

Chainlink: Let’s go!LINK dropped significantly in the last seven days and even briefly undercut our turquoise Target Zone (between $8.20 and $10.90). However, as it was able to turn around quickly and only undercut the range by less than 1%, our count remains intact. We now see the turquoise wave 2 as completed and expect an upward push above the resistance at $20.85 in the further course. Investors could open long positions within our Target Zone. Stops could be placed around 1% below the lower edge. Should the bears push the price significantly below the Zone (37% likely), we will have to anticipate a lower low of the turquoise wave alt.2
BINANCE:LINKUSDLong
by MarketIntel
2
Chainlink Business As Usual It might seem like a shock for most that Chainlink had this big move down, but if you have spent a lot of time studying Chainlink's last cycle, you would know that this is business as usual. The fact that Chainlink had this move has made me more bullish than ever. We are currently 64% down from March 2024. Crazy? I think not. 71% 71% 62% 44% These are all the corrections Chainlink had during its last cycle to its all-time high. All we are doing is a back test to this previous range. Chainlink was doing the same thing last cycle. If we overlay the last cycle over this starting from wave 5, we can see that we have had a crash during the same time of the cycle as we did in March 2020 (Covid). Crazy. I would not be surprised if Chainlink closed above $11 by the end of the week, just above the 1:1 Gann Fan, and started a V-shaped recovery, marking the bottom. There is a very high chance. Once again, my time fibs hit right on the money. The blue fib marked the bottom, and the yellow marked the top! **Next date: 18th Nov 2024**
COINBASE:LINKUSDLong
by Sporia
7
Chainlink Business As Usual It might seem like a shock for most that Chainlink had this big move down, but if you have spent a lot of time studying Chainlink's last cycle, you would know that this is business as usual. The fact that Chainlink had this move has made me more bullish than ever. We are currently 64% down from March 2024. Crazy? I think not. 71% 71% 62% 44% These are all the corrections Chainlink had during its last cycle to its all-time high. All we are doing is a back test to this previous range. Chainlink was doing the same thing last cycle. If we overlay the last cycle over this starting from wave 5, we can see that we have had a crash during the same time of the cycle as we did in March 2020 (Covid). Crazy. I would not be surprised if Chainlink closed above $11 by the end of the week, just above the 1:1 Gann Fan, and started a V-shaped recovery, marking the bottom. There is a very high chance. Once again, my time fibs hit right on the money. The blue fib marked the bottom, and the yellow marked the top! **Next date: 18th Nov 2024**
COINBASE:LINKUSDLong
by Sporia