Hey yall. I just wanted to point out that the point of greatest fear/ capitulation is also the point of greatest opportunity. $LINK isn't doing anything flashy right now, and people are getting very impatient and fomoing hard over the NFT craze. I've been saying this the entire time.... but $LINK isn't for us prospective investors. It's not even a blockchain......
What's up frens. We got a REALLY nice reversal here with what looks to be a clear break of the multi year pitchfork prong that has been acting as a SUPER strong level of resistance. - Light Blue arrow: Strong looking V reversal pattern with 2 back to back daily buy signals from True Vibration 2.0 indicator. That' major bullish right there and if you bought that...
#Chainlink has been respecting this log pitchfork that we've drawn for months and months now. We recently flirted with the bottom 2.0 deviation. And we're now bouncing back from pretty big previous ATH support. I'd really like to see the price get above the green box, and above that lower 1.5 prong. I wouldn't be surprised at all to see a more clear double...
Hey yall. I think $LINK is looking really good here! We've seen a pretty clear A&E bottom with higher lows being created! As you can see the blue 1.0 pitchfork prong that acted as such strong support is now acting as a clear resistance! If we go back to re-test that 19.50 levels where we previously held and failed, I'd expect a bounce to above 20 and to continue...
Hey ya'll this is just kind of a check in. In my "we've seen this before..." post that I linked below, we talked about how $LINK usually behaves before massive runs. The price action did in fact dip to that 20 dollar lower blue line. And with that we saw a LOT of buy support created. As you can see now, on the 4 hour chart we've formed a nice higher low, above...
Just checking in on $LINK after that wicked dump. We've seen it before and if we copy that bars pattern and compare it to current PA? We see that the test and bounce is usually followed by some consolidation before it's able to get enough momentum to fight back up above that median. If it does follow this fractal perfectly? (which it won't) The full parabola would...
Hey everyone. I hope ya'll are doing ok after that pretty brutal price action from this morning. I just wanted to post this as this link pitchfork has been holding strong for months and months now. - We can see multiple times that the bottom 1.0 prong has been tested and has held. This is actually a pretty incredible trend line that has been a rock solid floor...
Obviously when asshats like elon tweet and the retail rats go scurrying to animal coins? Thing get a little dicey for crypto in general. However, $LINK is still respecting the hell out of these pitchfork levels that I've been posting for the past few months. - 4hr bull flag breakout and retest happening as we speak. If it can close this 4 hour candle above that...
- Massive upper trend line about to be tested. Let's see if it can clear that. - Turquoise horizontal lines are previous highs and lows = probably S/R levels. - Both super trends are BUY on the 4 hour chart. - True Vibration is showing a long green buy zone. Looking for the invalidation around this level too. - Bollinger bands are pretty wide, but bottom band...
A lot of things have pumped in the last few days and have reclaimed their ATH from last couple weeks pumps. We're in a bull market. I'm looking for setups like this. Technically I'm just looking at the daily chart with some fib MA's, we can see the 55ma acted as really good support on this nice correction. Once the 8 period MA rises above the green 13 day? I'd...
Hey yall, it's been a minute since I posted a $LINK chart so I'll show you what I'm thinking about at the moment. Overall market sentiment was pretty bearish for a moment there. However, I think that was a result of a massive inflow of new money via doge and scam BSC / cake swap tokens that were blowing up on tictok etc. Massive amounts of overleveraged new...
Ok there's a lot going on here, but $LINK has been following this pitchfork channel pretty well for almost its entire existence, so we have some precedent to work with. - 4 separate times it has touched and or broken below the lower blue 1.0 deviation on the pitchfork. After each of these times it's pumped pretty hard. - Chainlink has also climbed steadily in a...
Orion Protocol terminal launch = sell the news event. Bull flag pattern with small break downwards and now bouncing of the .786 fib like 6 times in a row. Wouldn't be surprised to see it quickly wick down as a "shakeout / capitulation" event before reclaiming the flag pattern and then continuing on its way towards all time highs. For me? this is a buy and hold....
Right now we can see that bitcoin is fighting to get about the .618 fib pitchfork line. Honestly I'd like to see it reclaim the median before I go full bull mode again. Obviously I'm not bearish at all on the future of bitcoin, but short term price action might shake out some more over leveraged longs that get too excited if we break above 60k. A nice daily close...
Hey yall hope you've been accumulating more $ORN before it goes on its rocket trip. As you can see price action has been forming a giant bullish pennant formation. With a downward consolidation between those tightening top and bottom trend lines. We've also seen a smaller lower trend line forming inside this, with 3 consecutive wicks bouncing off that lower line....
$LINK has been printing this massive symmetrical triangle pattern for a while now. Frustrating for new holders who want immediate pumps. Pretty uneventful for anyone holding this long term. As we can see the median line of the much larger pitchfork tool has been acting as the support for this triangle pattern for a couple weeks. We fell below and tested a...
The green path: Orion has been riding these pitchfork channels for a while now. I wouldn't be surprised to see it continue this steady climb towards that next major 2.618 Fib level at around $35 dollars. The orange path: The next possibility I could see happening is $ORN forming another pennant shape, and having that play over the next few days. With pennants...
Just wanted to quickly point out that $ORN broke above previous resistance, and has now retested that S/R level and is now printing more bullish candles. If these next few 4 hour candles can close above the previous ath that turned around quickly in order to retest? Then price discovery will continue. Fundamentally? The release of the Orion Terminal will fuel...