Bullish momentum for the weeks ahead. The previous zone was great for accumulating. 10-50x over the mid-long term easy. :)
If LINK can close this week with a bullish engulfing candle we can see a lot more upside. The RSI has back tested on the weekly and is in the process of confirming. Next area to watch is the down trend resistance line.
Clear break out with huge volume on the weekly coming in. Long term targets are the 2.618 and 3.618 Fib extensions. Enjoy the ride !
We are looking good here after a breakout and confirmation of the downwards sloping trend line in price and on the RSI. Expect large upwards movements in the coming weeks.
This typically yields a high probability of a strong upwards movement in the short - midterm. NFA
The downwards trend line has been broken and re-tested successfully. Look for further upwards movement. Longer term targets are the 3.618 and 4.764.
Hidden Bullish Divergence on the Daily for ETH. If 3350 is broken, we should be heading straight to the previous ATH.
Two instances of hidden bullish divergence are forming on the monthly for LINK when looking at the stochastic. End of cycle targets between the 2.618 Fib level at $141 and 4.764 Fib level at $256. Hyper extension possible (less likely) to the 14.618 towards $787.
Notice the very large bullish divergence on the monthly relating the price of the asset and the movement of the stochastic. Target for the end of cycle is between the 1.618 Fib level at around $0.52 and the 4.764 Fib level at around $1.52. We are currently working on the fifth and final Elliott wave which is the most parabolic in commodity related markets (crypto...