Brad_
Iron
- Joined
- Sep 18, 2023
- Posts
- 8
- Reputation
- 4
Well well well. The Crypto Markets are going sideways. We made it out of the Bear Market, and are in Stage 1 of the Bull. Why is the market going sideways for so long? Is it time to buy the realworld and escape the Matrix? Is it time to just get on and move on with life?
No.
As you can see, this sit the Chainlink Chart on the 2w. We have been going sideways for a while now, and have tested the bottom of the Gaussian Channel. Where do we go from here?
A few options.
1) We rise up to the middle of the Gaussian channel, about 12USD, before End of Year
2) We go sideways, LINK bounces from 6-8.50USD
3) We go to the middle of the Gaussian channel, break it, it becomes our support line, and we rise to the top of the Gaussian channel, and the top of the GC becomes our Resistance.
Which is the best scenario? You tell me. However, it is clear that no matter what happens, now is a good time to invest..(not financial advice).
But,
From my current position, I would actually like LINK to go sideways. Why? because then it is building up market structure and momentum. What will this do? LINK will go on a MASSIVE run, going up to ATH and higher, I am guessing a top of around 140-400USD Q1 of 2025. Why do I make such a prediction? Look at the 2nd picture.
This is the chart of ETC, Ethereum Classic.
Notice any similarities? Market went sideways for a along time. Then a MASSIVE run from 6USD (LINK us bouncing from 6USD to 8.5USD) to 120USD, a 20x. My point is, that LINK has similar market structure, however, it is much stronger, since they developed CCIP, Cross-Chain Interoperability Protocol, which is huge, due to LINK being able to let banks send money to each other, read in to it. LINK will get gas fees, just like Ethereum.
Therefore, Invest in LINK now or you will regret this. Please favorite this post or save it somewhere so that I can flex this on people in 1 years time. I am open for bets. Name another coin (With evidence) that beats the chart of Chainlink. Prove me wrong, give me reasons.
Have a good day.
No.
As you can see, this sit the Chainlink Chart on the 2w. We have been going sideways for a while now, and have tested the bottom of the Gaussian Channel. Where do we go from here?
A few options.
1) We rise up to the middle of the Gaussian channel, about 12USD, before End of Year
2) We go sideways, LINK bounces from 6-8.50USD
3) We go to the middle of the Gaussian channel, break it, it becomes our support line, and we rise to the top of the Gaussian channel, and the top of the GC becomes our Resistance.
Which is the best scenario? You tell me. However, it is clear that no matter what happens, now is a good time to invest..(not financial advice).
But,
From my current position, I would actually like LINK to go sideways. Why? because then it is building up market structure and momentum. What will this do? LINK will go on a MASSIVE run, going up to ATH and higher, I am guessing a top of around 140-400USD Q1 of 2025. Why do I make such a prediction? Look at the 2nd picture.
This is the chart of ETC, Ethereum Classic.
Notice any similarities? Market went sideways for a along time. Then a MASSIVE run from 6USD (LINK us bouncing from 6USD to 8.5USD) to 120USD, a 20x. My point is, that LINK has similar market structure, however, it is much stronger, since they developed CCIP, Cross-Chain Interoperability Protocol, which is huge, due to LINK being able to let banks send money to each other, read in to it. LINK will get gas fees, just like Ethereum.
Therefore, Invest in LINK now or you will regret this. Please favorite this post or save it somewhere so that I can flex this on people in 1 years time. I am open for bets. Name another coin (With evidence) that beats the chart of Chainlink. Prove me wrong, give me reasons.
Have a good day.
