Last time $LINK went from $0,10 to $53.
There was absolutely only hype, and no execution or production. Everything was a whisper. A secret BIZ meeting. A FUD storm to keep the price LOW.
That was wave 1 to 3.
The 2 year long wave 4 is a classic accumulation/doubt wave.
We're now entering the final wave of this structure.
The 5th wave.
And why this wave could be very different?
-SWIFT PRODUCTION
-DTCC, EUROCLEAR, ANZ, VODAFONE, Production...
-Tokenized assets, RWAs, AI agents...
-Staking upgrade?...
-Institutional demand and compliance machines
The Fib targets don't lie...
Next targets are $53 ( ATH )
$100
$235
and in case of a real EXTREME run
$565 ( LOWER probability )
The fun part is about to start.
$LINK Wave (3) (blue) of ((3)) (pink) is about to start pushing us towards $53 for Wave (3) (blue) and $120 for Wave ((3)) (pink).
End of cycle target 👉 $230
Very excited about this report from Visa, showcasing how Chainlink is able to solve the three biggest problems of next generation smart contracts for institutional transactions, all in one platform.
1. Providing the critical data needed to properly price the assets in the transaction and enable transfer agents.
2. Connecting multiple chains to enable the value and the data of the transaction to move across multiple chains. Powering a public chain to private chain connection in this case.
3. Enabling compliance by providing on-chain identity proofs and matching them against various policies from two different jurisdictions and regulatory frameworks.
Smart contract transactions in the institutional world are complex, they require various sources of data, multiple cross-chain connections and a reliable form of on-chain identity/compliance, all of which the Chainlink standard is able to uniquely provide in one secure and reliable platform.
This transaction between ANZ and Fidelity International, two existing institutional users of Chainlink, all happening within the HKMA regulatory framework which Chainlink has now been being built work within for many years. Complicated flows like this, being executed in a compliant way, is a clear sign of the unique value that Chainlink is now able to provide.
As more top institutions adopt the Chainlink standard for data, connectivity and compliance, I expect that they will begin to transact with each other more frequently, as the friction for the institutions on this comprehensive transactional standard is much less than the cost of a transaction on institutions that are on various seperate standards with multiple ways of proving data, connecting chains and creating compliance. As more and more top institutions join the Chainlink standard for institutional transactions to happen on-chain, the network and the standards become more valuable to the current participants and the ones considering joining the transactional standard.
Excited about seeing more of these coming up and having Chainlink power the next stage of our industry's growth through mainstream institutional adoption.
https://t.co/4RApSpL6Pi
Let's talk about the $LINK sentiment lately.
I'm going to do my best to remember. But let's do a weekly or monthly check-in on my charting and how well I make calls. I'll try to quote tweet each post so we can fact check my analysis. LINK/USD price chart.
👇🧵
This is such a monumental chart.
The bull market on #Altcoins hasn't begun.
The bear market on #Altcoins is about to be over.
The biggest bull market ever on crypto is about to happen, as the expansion after such a long bear market is going to be bigger than before.
A great chart by @TechDev_52, which explains the status of the business cycle vs. the status of the crypto markets.
It's been evident that this cyle has been completely different than the cycle before.
That's why it's also evident that the upcoming 1-3 years are completely different overall.
Result?
Many are going to be sidelined for being impatient.
That's why you'll need to hold onto your positions and enjoy the upcoming period.
OK been a while for the monthly $LINK charts, but here is an updated idea. I have another variation of this.
In this scenario, I don’t see a big move to ATH highs until 2026.
Some interesting support and resistance lines to note here.
I still think we could test $38 this year.
LINK likes to start its big moves in fall/winter.
This is the ‘grind’ that shakes out the remaining weak hands, as they become frustrated with the ‘waiting’. These patterns do produce some violent moves.
Expect to see more and more negative posts this year. This is in fact bullish.
Enjoy the ride. For those that are long, take the summer off and enjoy some family time. Come back in fall.
$LINK Prediction.
I've been holding Link since 2017 bought it at $0.37 and still holding strong.
Link's ATH is $55 and it dropped to $5, where it accumulated for around 530 days between $5 and $8.
It broke out and retested the breakout zone twice.
To me, this is a very bullish chart, and I expect Link to reach $135 in the upcoming bull run.
Link is by far one of the best coins to hold
What do you think?
🚨 ALTSEASON IS HERE! 🚨
The 100 SMA is about to cross above the 200 SMA on the Altcoins (excl. top 10) chart—a rare signal seen only once in 2020, right before altcoins exploded! 📈🔥
Are you ready? 🚀
#Altcoins#Altseason#Crypto#BullRun
$LINK Macro Exit Target
Since our last Chainlink update is playing out to the T (threaded)
I figured I'd update the macro for you guys
I still lean on the overall market(btc) being in a macro 5th
That plays in line with our LINK count
Currently in the 2 of 5 of 3 of 3 (lolz)
We got a tiny front run of our add entry level in blue so I wouldn't be surprised if that eventually gets tapped
That said, if we can get a htf close above 26 that would be our first sign that 39/40 in on the way
Ultimately my target for link is roughly $200
IF the stars align & we do see a super cycle then my realistic expectation would be above $1000 but it's far too early for that call
$LINK Monthly
The #LINK Train is Running on Schedule 🗓️
A bullish close to November, price pushing to range resistance @ $20, right on schedule.
If all goes to plan, we should start to see LINK make it's ascent toward $50 Dec/Jan and create a new price floor in the new range 🫡
$link is running as expected with first major resistance at 32. I think we cut through march 2024 resistance at 21 easily in this bull market. This is the season of deep fundamentals for a break of prior high. Of all the projects in crypto, none is more worthy to break prior high and regain ground vs $btc
$LINK Monthly
Right on schedule, #LINK is about to leave the station 🚀
Given LINK is an older coin on the block and into it's 3rd cycle, it's a great example of a 5-Wave EW structure.
With already one entire 5-wave structure completed, we have a textbook example to study, and, with any luck, help gauge what is to come.
LINK ripped an almighty +45,000% during it's last 4 year run, between 2017-2021.
I'm not expecting quite the same numbers this time around, but I will be targeting the $200-$230 zone - this is the 1.618 Fib zone, and an excellent candidate to tap in the 5th and final wave.