ChainLink (LINK/USD/BTC) Daily T.A w/ Rocky Outcrop: May 4th - Technical Analysis & Price Prediction
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https://lbry.tv/$/invite/@RockyOutcrop:9
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Bybit affiliate link:
https://www.bybit.com/en?affiliate_id=7936&group_id=0&group_type=1Join the discord:
https://discord.gg/WVffBcBA discussion about how bad the drop can be, really, and where we can anticipate potential turn arounds.
Thanks! The story so far - We saw a long period of downward consolidation and then witnessed the prices rocket back up to levels which would constitute a higher high on the weekly time frame v btc - however - still not quite there on a daily closing basis. Could this be the top or are we just refuelling to go higher? The potential targets and risk management zones are identified with crucial price levels made clear and we can all be fomo, greed and fear free as the price evolves to it's next destination.
Watch this video next:
https://youtu.be/M3bOE3QDnRQ Tradespotting's Risk Management Intro.
Discussing the Chainlink Price Action Rocky Outcrop. Thanks for tuning in to this Daily Chainlink Techical Analysis Video.
So what next? Where could Chainlink be going, are there support and resistance levels? In this video we look at the entries, exits and targets for LINK/USD and LINK/BTC with crucial levels identified.
Check out this Tradespotting video about Crypto Trading v Gambling -
https://www.youtube.com/watch?v=CJiMaovB97YCheck out the Corona Virus video I recommend here:
https://youtu.be/EUtghX7sAKMAll you need to know about the Chainlink (LINK) price, it's targets and entries and exits in the market.
Chainlink has seen months of positive price action versus the US Dollar and
Bitcoin, making this one of the strongest assets in the cryptocurrency industry. We look at the price action over the last few months up to the current period and see where the prices could be going next.
The following indicators are used in today's video:
Exponential Moving Averages:
Yellow Solid Line = 21
Green Solid Line = 55
Cyan Solid Line = 144
Purple Solid Line = 233
Simple Moving Averages:
Red Dotted Line = 55,
White Dotted Line = 233
Oscillators:
RSI + Ema,
Stochastics
MACD
I also use Fibonacci Retracement tool and use the horizontal line tool frequently. I will point out patterns from time to time, primarily head & shoulders (H&S), triangles (usually equilateral or ascending/descending) and parallel channels.
If you'd like to k
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https://www.youtube.com/watch?v=EcQg_enE4RM