Bullish flag of a triangle forming. Stochastic patterns expected, prince bouncing between flag top and bottom until breakout.
No surprises here. Posting so people take a look at the DXY. DXY devaluation continues Link network effect in progress Displayed on log chart
After resistance breaks price could follow the yellow channel. RSI under 50 Resistance line in green
If that's not a buy signal, I don't know what is Indicators are 20 W SMA & 21 W EMA (On price Chart) Price is below the moving averages-> Buy Natural log analysis of price vs weekly moving averages (separate graph) Index is below 0 -> Buy
Stochastically flowing up and down. Looks very similar to a few weeks ago. Possibly short to bottom red line then very long.
Horizontal resistances in the field of view. Breakout eminent
Back at the daily channel midline! Look for resistance at the top red line and support at the bottom red line. Buy and hold if you’re unsure. Thanks frens, Ahab
Watch out. We are about to see some unheard of percentage moves. Ready the buy stops and losses.
Parabolic move up to the 65 area and rejection after to the 55 area would be nice. This is a local bottom for sure, price bouncing hard on a weekly support line (green on chart). Wait and see but I loaded the boat here. My trading wallet will take profit in the 10 price area. Looking for a move much higher backed by fundamentals and utility, but why waste good...
Could we see a repeat of mid-January happening? On about 14 January (depending on your time zone) LINKBTC exploded through the roof for more than a 50% gain in less than a week. LINKBTC price rode the weekly support line, but in the past few hours spiked more than 10%.
In 6 weeks we could see $80 link and here is why: From the flash crash lows of December it took about 50 days to quadruple to over $36. If the future rhymes with the past, the flash crash low of $21 in late February could give way to another 50 days of growth. With another quadrupling from the $21 low we can dubiously forecast $80 link in mid April. Good luck out there.
Blue lines long; red lines short. SLs your choice. Fundamentally bullish from here. OCR on top of the onchainmagic already happening. Let's make every IoT a Link Node.
96 hours that is. Based on linear move from that last bottom at 21