This is a follow up to the TA below. Have a look at that one first .
So here we are a month later and Chain Link is on the verge of a major relief rally with only 48 hours from a massive weekly and monthly. My predictions so far spot on .
Let's take a look at the structure on the weekly and monthly
The weekly has been making lower highs since June and the monthly is looking to close really strong with a massive wick , showing real strength.
LMACD printing two light reds on the histogram showing momentum is moving up for LINK , keep in mind we still have 48 hours to confirm this signal .
The LINK/BTC dominance chart that uncovered all these amazing LINK fibonacci time sequences has still a 100% win rate, check the TA below .
Which was in a ascending wedge which turned into a descending wedge that has currently broken to the upside .
Once LINK breaks this blue dotted line things are going to get really interesting for LINK and for the last piece of update and by far the most important one in my opinion is the USDT dominance chart.
When I say LINK is on the verge of a rally I mean it , not just LINK but the crypto market as you can see we were in a rising wedge that has broken down, a few weeks back i published this TA detailing how USDT would move.
It was pretty close in fact the movement was pretty much the same, it was just it on the 0.618 Fib time instead of my prediction of 0.5 Fib.
So at the moment we are currently sitting on the last support for USDT , if we break this the crypto rally will officially start.
Just look at the reaction this white support line has , keep in mind this line has been there since Jan 2022.
Amazing reaction , once this breaks and closes under on a weekly we are good to go for 120-200 days before a massive crash comes in.
So far everything is unfolding as predicted , the cycles are repeating , the bottom is already in and has been for months. Most traders are still looking to short the market while here we have been stacking for months at these prices.
There was plenty of hard evidence that the bottom was in take a look below
And now Bitcoin will be printing its first colour change the LMACD histogram (confirmed in 48hours with monthly close)
Beautiful , no words to describe just take a look and sit back in disbelief because not only are we doing the same thing as other cycle bottoms we doing it in pretty much the same time frame.
So whats next? If i’m correct what happens next is the following
Relief Rally to 0.618 or top of the channel
Sometime July 2023 possible massive flash crash
Then only up till next cycle top sometime 2025.
So here we are a month later and Chain Link is on the verge of a major relief rally with only 48 hours from a massive weekly and monthly. My predictions so far spot on .
Let's take a look at the structure on the weekly and monthly
The weekly has been making lower highs since June and the monthly is looking to close really strong with a massive wick , showing real strength.
LMACD printing two light reds on the histogram showing momentum is moving up for LINK , keep in mind we still have 48 hours to confirm this signal .
The LINK/BTC dominance chart that uncovered all these amazing LINK fibonacci time sequences has still a 100% win rate, check the TA below .
Which was in a ascending wedge which turned into a descending wedge that has currently broken to the upside .
Once LINK breaks this blue dotted line things are going to get really interesting for LINK and for the last piece of update and by far the most important one in my opinion is the USDT dominance chart.
When I say LINK is on the verge of a rally I mean it , not just LINK but the crypto market as you can see we were in a rising wedge that has broken down, a few weeks back i published this TA detailing how USDT would move.
It was pretty close in fact the movement was pretty much the same, it was just it on the 0.618 Fib time instead of my prediction of 0.5 Fib.
So at the moment we are currently sitting on the last support for USDT , if we break this the crypto rally will officially start.
Just look at the reaction this white support line has , keep in mind this line has been there since Jan 2022.
Amazing reaction , once this breaks and closes under on a weekly we are good to go for 120-200 days before a massive crash comes in.
So far everything is unfolding as predicted , the cycles are repeating , the bottom is already in and has been for months. Most traders are still looking to short the market while here we have been stacking for months at these prices.
There was plenty of hard evidence that the bottom was in take a look below
And now Bitcoin will be printing its first colour change the LMACD histogram (confirmed in 48hours with monthly close)
Beautiful , no words to describe just take a look and sit back in disbelief because not only are we doing the same thing as other cycle bottoms we doing it in pretty much the same time frame.
So whats next? If i’m correct what happens next is the following
Relief Rally to 0.618 or top of the channel
Sometime July 2023 possible massive flash crash
Then only up till next cycle top sometime 2025.
Comentário:
Whats interesting about the USDT chart is , lasttime we got a breakdown from this area we held it as support for 20days before it broke down , we could see something like this unfold , i do see some sort of daily reversal forming here on this support line that could take 2 weeks to break
Comentário:
:)
Comentário:
You think LINK is moving now you just wait till we break this downwards resistance we have had in the LINK/BTC dominance since August 2020.
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Comentário:
Not phased in the slightly we go up
Comentário:
aslong as we close above 7 before the end of the week marco still intact
Comentário:
we back in the channel for now peeps nothing to worry about still on track
Comentário:
I still think this plays out , yes we closed under the channel but it was a black swan event , I will stick to my guns and say that we close this week inside of the channel and move on upwards.
Comentário:
last time chainlink wicked under this channel was the covid crash black swan and now this FTX black swan both around 20% , never throw in the towel with LINK , trade is still on 4-5days we could close the monthly back in the channel
Comentário:
Just 1 day and 3 hours to confirm a clear break of the LINK/BTC dominance this would be massive
Comentário:
We closed the monthly in the channel , after everything that has happened this last month link still closed in the channel , the marco is still intact , this channel has held two black swan events and wicked under nearly the same amount twice
onwards and upwards
