ChainLinkLong
LINK/USD - Linear regression seems promising (LOG CHART)
Using a pitchfork, it seems that LINK's USD value has this line of best fit. If this is the line of best fit, I expect the time spent on each side to be roughly equal, so I expect a break above 60 cents before the end of April.
Additionally, I've included black S/R lines that seem to describe almost all price action dating back to the launch of Chainlink on exchanges. The OBV also has been almost strictly non-decreasing.
I'd also like to note that the price is currently finding strong support on the 100 day EMA, and has found support before on the 200 day EMA.
Beyond the technical, the team will be attending several conferences in the near future, and mainnet seems to be on the way (supposedly by mid-year). Chainlink will even be discussed at Cloud Expo 2019.
Things look good!
Happy trading!
Additionally, I've included black S/R lines that seem to describe almost all price action dating back to the launch of Chainlink on exchanges. The OBV also has been almost strictly non-decreasing.
I'd also like to note that the price is currently finding strong support on the 100 day EMA, and has found support before on the 200 day EMA.
Beyond the technical, the team will be attending several conferences in the near future, and mainnet seems to be on the way (supposedly by mid-year). Chainlink will even be discussed at Cloud Expo 2019.
Things look good!
Happy trading!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.