Targets forecast inside the weekly diagonal fibo channel. NFA
Just a simple bar pattern on a weekly basis.
Chainlink gained +400% everytime it breached ATH, we are just hovering on the actual ATH, upper yellow line is the estimated price target of this impulse. #LINK
Simple forecast based on the recent weekly bar pattern (target 130/140$) There is room for another solid correction once we approach 25/30$ but...the summer will bring us an awesome target. stacking is not priced in :)
Could be a very big move soonish (weekly timeframe)
this could be huge if pattern repeats
01 nov 2016-----01 nov 2020. monthly bar pattern (seems bullah to me)
Bitcoin has crushed the 20 weekly moving average, the momentum is gaining a brute force, we expect ATH colliding with the next halving, then will be pure price discovery.
Look at this monthly formation: if the price breaks the top of this cup and handle, we could see a giant move to 2700 in the upcoming future.
I am really impressed by this coincidence. If the previous bar pattern cycle repeats itself...the exact Fibonacci projection (1.618) is the target
No need to explain...chart is better than words
7 USD is a possible target zone for Chainlink at the end of August. Study is based on the previous bars pattern. A reliable oracle is the fuel of the DEFI adoption.
Here the approx targets of the two possible scenarios if Bitcoin breaks the ascending triangle at the end of June.
Simple forecast on a weekly chart. Fibonacci levels and circles converging. Projected price discovery around next halving.
If this selloff is a really tricky bear trap, the reversal leg could reach 16k in a really fast upmove, Bloodbath for the weakhand, bloodbath for the margin trade addicted. Stay calm, look at the bigger picture.
Fibonacci Speed Resistance levels tell us where right on track, upcoming LTC halving could give a steady support (money from ltc to btc swap). August is coming, and btc is gaining momentum.
As we see on this weekly chart, the Bitcoin price passed the 0.5 Fibonacci line. it was a strong resistance level, and now we re testing as support line. Next boost will be the upcoming LTC halving, if the past helps us understanding the future, when LTC halves...BTC jump upward. We will see some big moves in the near future.
We find an interesting correlation between the Fibonacci Time Zone overlay and the Halving date of LTC, pay attention to the price pattern, could be a really nice upside move in august. Trade safe, stay green, be wise.