Chainlink approaches a critical spot on the trend line.
Looking at the accumulation and volume charts, which are leveling out, it is safe to say that new support is established at 31.8 area.
Worst Case Scenario:
- chainlink does not make it past resistance for a new support, and it becomes new resistance, and settles down towards a new support at 26.3
How does it happen?
- if BTC trends down
Best Case Scenario:
- chainlink makes it past, creating a new support
- this would set up chainlink for a breakout
How does it happen?
- if BTC trends up
- if BTC pumps even higher, expect even higher
Ultimately:
- right now I believe is a safe buying opportunity, whether chainlink dips or goes up
- best gamble also because if there is a new spurt of increased volume and accumulation, chainlink will go higher
- buy, buy, buy
Personally:
- I think that chainlink will find new support at the 31.8 mark so around 32
- Hopeful that it booms in May or June
Looking at the accumulation and volume charts, which are leveling out, it is safe to say that new support is established at 31.8 area.
Worst Case Scenario:
- chainlink does not make it past resistance for a new support, and it becomes new resistance, and settles down towards a new support at 26.3
How does it happen?
- if BTC trends down
Best Case Scenario:
- chainlink makes it past, creating a new support
- this would set up chainlink for a breakout
How does it happen?
- if BTC trends up
- if BTC pumps even higher, expect even higher
Ultimately:
- right now I believe is a safe buying opportunity, whether chainlink dips or goes up
- best gamble also because if there is a new spurt of increased volume and accumulation, chainlink will go higher
- buy, buy, buy
Personally:
- I think that chainlink will find new support at the 31.8 mark so around 32
- Hopeful that it booms in May or June
註釋
With Coinbase IPO, things are looking even brighter for this coin!
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