Technical Analysis Update and Price Now! cryptocurrency chainlink predictionsChainlink LINK Price News Today - Price Forecast!

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foreign video about chain link unfortunately there is not too much price action here that occurred its just a bit of up and down um I can only repeat what my message from the last video we are now in resistance if it breaks down it should break down from somewhere from here below 788 if we get above 788 I will probably take the white count of the chart as it is because the white count is the bearish count which would send us down lower that is still likely as long as we stay below 788 could eventually take us down to seven to three fifty I can see that coming if Bitcoin fails to break out from its current range and the orange count is for me in control here currently this is the idea um or the well the scenario here shows that we bottomed on the 9th of March locally or 10th of March rallied in a wave 1 and then had quite a yeah extended running flat pattern here in the Wave 2 and we could not be rallying in a third wave but I simply dont have enough price information for that while were here let me just adjust the timestamp time is it its now 10 pm UTC but eventually my focus currently is on the orange count yeah because the entire crypto Market is holding above support and there is an uptrend weve seen a series of impulsive moves to the upside corrective moves to the downside link is not that clear its seems to be moving in an Tighter and Tighter range here and its been this range for nearly a year now so I mean on the 12th of May um it will be a year and yeah ideally we start to break out but this orange count should help us break out of the range now its not the first time that link attempted it um thats why um we need to be open to a bearish outcome here as well but then again you have a clear level and thats what the benefit of elite wave is um we basically know that as long as were holding 619 the focus is on higher below that probability is shift towards the wide wave count until then Im gonna follow the orange one and the target for the third wave here in Orange Circle Wave 3 based on the latest lows would be at least 884 yeah but then we get the fourth and the fifth and the larger three the larger four the larger five and it would eventually take us down or take us up above this range 950 is the critical level um to be honest there will still be downset pressure um as long as we stay below 950 yeah so as you can see here this is really a level that was well link tried to break three times or the Boost tried to break three times failed but what I can tell you is that if this eventually breaks I think its go time this is such a tight or such a clearly defined range when a price breaks out of such a range which has been going on for a year I think its go time um well that could be to the downside in my opinion 530 is here the relevant breakdown level and 950 to the upside and thats really everything because link didnt really move much so there is only there is a well not much to update really um for me the uptrend is still in play even though were less clear on the link chart um but great for a grid bot for example right so yeah thats my updated update video about link I hope you will like the update if you did please hit the like button leave a comment and subscribe and if you really like the content then please check out the channel membership thanks a lot for watching bye foreign Trade on Bybit:Receive an up to $30,000 bonus see terms on Bybit Chainlink LINK Price News Today - Technical Analysis Update! Cryptocurrency! In this video I talk about a technical analysis of the LINK Chainlink price and I talk about some important price moves that are happening right now! Chainlink Price Prediction of this Cardano ADA partner! ----------------------------------------------------------------------------------------- Links: Bitget: Sign up for Bitget via my link: to get a $15 bonusFor the first 100, first come first served and to get free access to my foundations trading course reach out to when done. To get free access to the trading course you need to deposit $500 to Bitget and make a trade. Technical Analysis with TradingView: Set up trading bots with Trade on Coinbase: Receive $10 in BTC see terms on website: Trade on Binance: Receive a 15% fee discount lifetime when using this link. 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