Chainlink - Technical Analysis - $LINK

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evo

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Joined
Apr 2017
Chainlink Technical Analysis - $LINK

Can Chainlink reach a price target of $100 for this cycle high?

This technical analysis video discusses the valuation of Chainlink against USD, BTC, and ETH.


  • While LINK/USD is currently in a bull market, we can see that the LINK/BTC and LINK/ETH valuations have been bleeding for the last half-year or so. Diminished Bitcoin volatility is needed for a LINK/BTC surge which will hopefully occur later this year. Once that happens, we will look to see if LINK can make that explosive move to $100. Where do you think the price of LINK is headed?
 

evo

Site Admin
Joined
Apr 2017
Chainlink on the 4-Hour Chart // $LINK
Currently in the buy zone:

chainlink-technical-analysis-chart-1.jpg



Chainlink on the 4-Hour Chart // $LINK
Zooming out, you can see where the sell targets are:

chainlink-technical-analysis-chart-2.jpg
 

evo

Site Admin
Joined
Apr 2017


And the current buying zone for $LINK is $32 to $35 in this market dump:

wlXZnl3J
 

evo

Site Admin
Joined
Apr 2017
Chainlink has officially broken through the key resistance level, and needs to get past the $41 to have a good chance at finally making the surge we are all expecting:

7lYSuDnn
 
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