750 Ethereums ETH to United States Dollars USD today The cost of 750 Ethereums in United States Dollars today is $1,436,407.37 according to the “Open Exchange Rates”, compared to yesterday, the exchange rate Cardano Price Forecast as $500 Million Trading Volume Floods ,Cardano Price Forecast as $600 Million Trading Volume Floods In – Can ADA Reach $1? ADA's indicators show that the altcoin is in the middle of a pronounced upswing. Its relative strength index purple has jumped to 70 or above in the past couple of weeks and it remains there, signaling ongoing positive momentum. chainlink daily price prediction MY TOP ALTCOIN - LINK PRICE PREDICTION - SHOULD I BUY LINK - CHAINLINK FORECAST
hi everyone i hope youre well this is coins kid just going to dive into training once again thank you for support okay big looks good crew so right now you know as chain link gets closer and closer to apex its got extremely volatile it did here as well okay i remember in that december 2020 you know we had this huge usual capitulation event right here and then we started coil up and got back above and broken out of resistance when everyone were really bearish now there is a couple of bearish scenarios right there for training im going to show you right now the potentially this here is the the formation of a bear market okay so im going to show you right now ill show you from the sea you know but just look at the volatility towards the apex here i mean you broke out there you came back into the apex and then you caught up and broke out that was a the sea dump of 2020 which i remember really well you know for me chain link calls up and breaks out coils up breaks out and right now youre calling up again and youre looking for a breakout but obviously its all about support and resistance okay you know you start to come up here break this resistance and hold them back to support youve got your breakout but if you start to come down youre hitting previous support and baptism resistance youre rolling arent you but you can see any point here we we sort of came down fake out and then broke out came down fake out and broke out okay i know the markets in turmoil here and there is a potential that this is you know the formation and the start of a bear market and im going to show you bear market targets if it is a bear market okay and this was the top of the ball for chain link and weve actually rolled into the bear here and to show you potentially where you could actually you know bottom out essentially which im going to show you but its getting quite nasty isnt it you know you are losing this support just there like i said to you you know you start to come down and lose support ukraine no longer creating a retracement wave you know youre creating something called a reversal wave which gives you a technical target to the downside okay so ill show you that right now like i said if you start to lose that youve got a technical target off this impulsive break here uh down let me show you so from there to there and you can see pretty much youve come down to the 1620 at 1474 right now it is getting a bit nasty and you are actually rolling a little bit deeper so these are your targets you got the two at 12 59 youve got a 2.2 72 at 11 25 okay so one of those key levels of support needs to hold you can see that the 1618 was holding but right now you are sort of capitulating here for chain like i mean look at this a render sell off is it a render this is bullish you know beautiful structure come up to resistance rolling back for support lost it because you lost it you create reversal waves and like i said to you you know once you start to lose that you close below youve got beautiful short opportunities theres a bare minimal to the one six one eight twenty three percent so a great short up okay but anyway thats trading the ranges now where is uh the support for chain lincoln is it in a bear market so on a monthly time frame something that not a lot of people look at for chain link its not looking too clever to be honest with you so im going to show you right now for chain link why its not looking too clever because at the moment like i said to you look at the volatility towards the apex look at the wicks okay that apex there the wicks and right now potentially you know if if this if we do get a pick up the mums not over i think weve got some like seven days left of trading anything can happen in a week on it you know if if we do start to capitulate here low ball out and xrp starts to uh sorry x rp chain link starts to come back up you can see it start to fill this wick more and youve got your wick at the bottom like you had a wick there like you had a wick there as well like you had a wicker you know in a week there and youve got capitulation basically and you know chain links found the support but what it does need to do here which is not good to be honest with you it doesnt need to close outside of this point of resistance okay this support sorry because if you do start closing below that support and this key support just here for chain link and equally below the 20 that could spell a bear market okay you know the confirmation of a bear because you have actually got lower highs to stay on the monthly youve got a key level support and right now you are losing this support so this for me is confirmation of a bear market if you do start to close below this key level support right here you know you are starting to come down and with that you you are you will have a target to the downside okay im gonna show you exactly where that target is using fibs again like ive shown you before so you know you you will be looking at a minimum one six one eight target off this high and im going to show you something else as well you know the potential this is valid you know its all about this i mean look where we are right now were sitting on it it doesnt mean we cant wick down but as long as we dont dont start closing below that as well and most importantly this level of support just there if we do start closing below that on the monthly thats negative youre closing below the 20 and youre confirming a bear market basically okay so its hanging on you know were coming down with grab support like we did here get close to the apex grab support you can see there i mean look at this instance here weve got this key level support okay and it got nasty in in the sea dome we came back into the apex found support wicked up and then broke out to the upside so anything can happen can it you know but the monthly close is really really important here for training because if you start closing below that and the 20 which is roughly around about 1951 okay thats negative that thats a big tick that okay youre losing support youre entering a downtrend on the monthly timeframe because this is an uptrend okay your level of consolidation breakout level of consolidation breakout but youre losing structure here youre confirming a bear market by closing underneath key structure okay you see that and you you coming down so my minimal target here four chain link if it confirms to bear okay just there it would be the one six one eight at 7.17 you know because at that point you see that would be a minimal target for me it can run deeper it can run to the two and it can run to 2.272 which is 364 and youve got the two point uh the two of 482 as well okay and you can see that that two just there is that swing high and you can see that this one six one eight is this swing low okay so right now youre losing this swing low by losing this structure here so essentially if you do start to come down okay this could be your bear market low you start to lose that youre looking at that being your bear market low and obviously if you start to come down youre looking at that being your bear market low and and chain links absolutely just capitulated here and rolled into the bear may never recover but ive got faith in training you know im a long term holder always ive been always will be i think that these shakeouts are opportunities basically you know and weve not got to close yet so were not completely sort of in the floor and confirming the bear market yet this is what im trying to say to you were very close we are very close but you know if we was to come down in a sort of fashion and come down to the one six one eight and hold it at support then you know the greater you trace the greater the impulsive pace and the next bull market the next up cycle for chain link this is where it could really really you know start to go up and and get that appreciation that were looking for now there is a bit of an elliott wave count here as well let me show you so potentially you know you won youve got your two youve got your three you got your four and right now youve topped out in five that is a potential scenario that im looking at on the monthly time frame and then right now what youre doing youre putting in an abc zigzag youve got your a you you b and then youre potentially coming down in a c down to the one six one eight seven dollar seventeen for chain link which is an abc zigzag and thats your bear market just there okay you want two three four five okay and then youve got your abc zigzag come down to the one six one eight as a minimal minimal target that would be you know where personally i would be absolutely loading up and at that point youve lowballed out and like i said to you where where could it actually lower out what time well usually a bear market lasts for around about a year so you know we put the top in in may and then if we start to come down you could see the the the bear market could stop and you could come all the way down to the one six one eight uh by may as well so that that is sort of in this box is your abc correction your abc zigzag basically down to a minimum one six one eight at 7.17 where you know get some bids in and at that point you start to come back up the stairs and thats where you put in that beautiful fibonacci one six one eight target you know youre looking at a minimum one six one eight a hundred and hundred and what is that eighty 84 you know and then you can probably get overextended as well but that would be a minimal target for me in the next ballroom for for uh chain link right there okay so thats basically a little bit of bear market news for you on chain link but ill always go show you what i see you know i wont feed you no and opium here we resold in structural support were looking at continuation but this is the bear market scenario that im showing you right now and the potential bear market lows if we close below these key levels of support this month okay you can see right now were wicking were sort of hovering here you know around about this low that we put in the summer so potentially you know the minute this could be deemed as some kind of double top uh double bottom scenario until you lose structure support confirms a double bottom but you start to come up and break that you know youre confirming a break out of a horizontal and equally a double m top pattern as well when you have a breakout target to the upside so its like its absolutely on a knife edge here absolutely on a knife edge you know there is a potential here over the next sort of couple of weeks week or sorry you know wed start to pick up start to bounce all the way back up and everyone was selling down here when this was just a fake out before coming up a shakeout sorry before coming up getting back above these key levels of support which confirm a bear market if you close below them and start to attack that resistance again this is a shakeout you know this was a shakeout this was a shakeout before we start to hold them back test support continuation but ive always got to show you the scenario okay that if you start closing below support youre looking at downside and if you start closing below above resistance youre looking at upside thats basically some bear market analysis on chain link okay i hope you enjoyed that update stay healthy stay strong stay tuned take care everyone bye-bye CHAINLINK UPDATE ByBit Gems & Trading : $4,100 BONUS! 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