LINK: Last Buying Opportunity & Stablecoin SuperCycle Part 1

6月9日

Chainlink has printed a weekly bullish hammer after testing the blue fibbonaci retracement support area. This is further evidence that Wave 2 (Green) has bottomed or close to bottoming, and that Wave 3(Green) to the upside is happening soon. A common target for an ABC (White) correction is the 1.618 trend based fib extension at $121.15.

I uploaded a video on Youtube concerning Stablecoin Adoption and Chainlink's Proof of Reserves (POR) role in stablecoin infrastructure that TradingView isn't allowing me to publish.

6月9日

註釋

Zooming into the 1 HR Timeframe, we can see a 5 wave impulse to the upside followed by a 3 Wave ABC Pullback into the blue fibbonaci retracement support area. As long as the support area between $11.42 and $13.47 holds as support, I'm in favor of the next parabolic move to the upside starting soon

6月9日

註釋

cointelegraph.com/news/hong-kong-government-chainlink-ccip-cbdc-pilot-project

BANG! Hong Kong to use Chainlink protocol in CBDC pilot projec!

6月9日

註釋

project* New Ethereum update coming tonight

6月10日

註釋

reuters.com/business/finance/societe-generale-launch-dollar-pegged-stablecoin-2025-06-10/
Societe Generale becomes first major bank to launch dollar-pegged stablecoin! STABLECOIN SUPERCYCLE!

6 天前

註釋

Nasty whipsaw with a potential weekly shooting star candle printing. Price is still holding the blue fibbonaci retracement support area between $11.42 and $13.47. Trade setup is still valid. Only point I would get concerned with Chainlink is if we get any break below the April Low at $10.10.