2024-4-29 00:15

A popular crypto analyst known as Ali on X is calling attention to a promising technical pattern emerging on the charts for Chainlink (LINK). According to Ali’s latest analysis, the TD Sequential indicator is flashing a buy signal on LINK’s 12-hour chart.

The TD Sequential is a market timing tool that attempts to identify price momentum using advancing and declining momentum indicators. When the indicator presents a specific bullish or bearish countdown pattern, it can signal an impending trend reversal.

In Ali’s view, if Chainlink manages to hold above the $13.87 support level, the token could be gearing up for a strong rebound towards $15.50. Ali shared this analysis in a recent tweet, stating:

“The TD Sequential is flashing a buy signal on the #Chainlink 12-hour chart! If $LINK stays above the $13.87 support, we could see a strong rebound to $15.50.”

Chainlink is a decentralized oracle network that aims to connect smart contracts on the blockchain with real-world data. LINK is the cryptocurrency token used to pay Node Operators for retrieving data for smart contracts.

.rh-colortitlebox{margin-bottom:30px;background:#fff;line-height:24px;font-size:90%}.rh-colortitlebox .rh-colortitle-inbox{display:flex;align-content:center;padding:15px;font-weight:700;font-size:110%; line-height:25px}.rh-colortitlebox .rh-colortitle-inbox i{line-height:25px; margin:0 10px; font-size:23px}.rh-colortitlebox .rh-colortitle-inbox svg{width:25px;margin-right:10px}.rh-colortitlebox .rh-colortitle-inbox-label{flex-grow:1}.rh-colortitlebox .rh-colortitlebox-text{padding:20px}.rh-colortitlebox-text>*{margin-bottom:20px}.rh-colortitlebox-text>:last-child{margin-bottom:0} New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW.rh-toggler-open{height:auto !important} .rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important} .rh-toggler-open .rh-tgl-hide{display:block !important} .rh-tgl-show, .rh-tgl-hide{cursor:pointer} .rh-contenttoggler *{box-sizing: border-box !important} .rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;} .rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}

Milei Moneda is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president known for his libertarian and pro-Bitcoin stance. You have an opportunity with the ongoing low presale price to get in early!

Sponsored

Show more +Show less –

At the time of writing, LINK is trading at around $13.95, down nearly 5% over the past 7 days according to data from CoinMarketCap. The token has a market capitalization of over $8 billion, making it the 16th largest cryptocurrency by that metric.

Hunting for a small cap coin that could explode 10x? We’ve unveiled a few last week alone.
Get all our future calls by joining our FREE Telegram community.

Check $RECQ Meme Coin Sponsored: Invest Responsibly, Do Your Own Research. Buy RECQ Today Serves as the base currency for all transactions within the Rebel Satoshi platform
ICO stage, offering tokens at a discounted price
Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions.
Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade,
Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.

The post Top Analyst Spots Buy Signal for Chainlink (LINK) Above This Support, Shares Price Target appeared first on CaptainAltcoin.

Similar to Notcoin - Blum - Airdrops In 2024

origin »