3 posts
Chainlink Technical Analysis - October 3rd, 2019
Technical Analysis
Looking at Chainlink (LINK), the nice rally has taken the altcoin to retest the fourth wave from the previous 4th wave. Typically, when a bear market corrects, it can make a sharp move to a "previous 4th."
Chainlink Technical Analysis - September 25th, 2019
Technical Analysis
In particular, we noted that a rally to the 23% of the recent down move in any altcoin is likely just a bear market rally. With Chainlink, we can see that people FOMO'd in above the 23% only to see prices come back, creating an ugly candlestick .
Chainlink Technical Analysis - September 24th, 2019
Technical Analysis
Chainlink, like many alts, has retraced 23% of its recent decline. We have seen altcoins make significant moves to test their respective 23% Fib numbers - and then fail.

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