Is A $200 Chainlink Still Possible? This Chart Says….. | #link Long Term Analysis

What's up everyone? So this is going to be a long-term analysis for Chainlink, and we're going to figure out in this video whether or not Chainlink has already found its bottom. Like, is the bottom already in? Are we going to just start going up now? Or, you know, could we still go lower? And if we do go lower, what levels should we be paying attention to? So first and foremost, I have to say that this video is a longer-term analysis for Chainlink. So that you guys know what to expect, you know, on a 6, 12, even 24-month basis. We're going to discuss short-term targets, we're going to discuss midterm targets, and we're going to discuss long-term targets. So if you're interested to find, you know, all of these things out, stick around to the end of this video. And before I dive right into it, right, uh, this is going to be part of a probably a 3-video series where I'm filming it back to back to back. So if you finish this video and You know, you appreciate this style of analysis, you know, look out for the channel for a couple of other videos, probably Solana and Polkadot, on, you know, just this style of video. And without any further ado, you know, let's dive right into it. So first things first, we're going to have to zoom out. And, you know, first thing that strikes out immediately to me is the fact that you have equal lows over here at the moment at $13.50. And again, you're going to want to mark these levels down. I'm giving you the exact levels right now. So If you're not marking them down on your own chart, there's nothing more that I can do to help you. So equal lows often means that they will very likely be run. And what do I mean by that? So basically, the markets move because the market makers want them to move, right? 80% of daily trading volume comes from algorithms, from smart money. So the market runs on liquidity, basically. Whenever you see equal lows, or equal highs for that matter, always expect there to be liquidity that is going to be run. Even just a simple poor high, right? Such as this, right? Notice how you wick just a tiny bit above that high, and then you reverse, right? You trap the buyers here. You come back down here, right? Back into quote unquote support, right? You wick below it. Stop everybody out. Trick people into thinking that you know resistance. I'm sorry. Support has been broken, and you reverse it. And now you trap the sellers. So the market runs on liquidity. As of this moment, you have two equal lows over here. So I am. Fully expecting this level to get run. It could happen, it might not happen. Again, one thing I have to clarify before I continue on with this analysis is the fact that this is a long-term analysis. There are many things that can change with a long-term analysis, such as maybe in the next 2 to 3 months— sorry, in the next month— the Federal Reserve is gonna hike the interest rates a lot more than what you were expecting. If that's the case, then market conditions have changed. Whereby you're going to just start, you know, nuking. Maybe crypto is going to go to zero, for example. Or, you know, you might get some immensely good news and, you know, you start pumping and you will never come back down to clear these lows. So a lot can change in a long-term analysis, especially when I'm focused on a timeline of about 6 to 12 months. So with that said, I'm going to give you, to the best of my ability, what you should expect at each level so that you are well prepared into anything that happens. But I have to clarify that things can change. For now, I especially just in the immediate short term, I'm seeing two equal lows over there, and I'm seeing another two equal lows over here. These are just prime stops that can be run, and I think they will be run. So assuming that that is the case, the first level that you're going to want to look to for Chainlink in order to find a bottom is going to be 13.5. And I know what you're thinking, right? You're gonna just you know you're just gonna run through it. But here's the thing: you're going to reverse, right? You're going to trap sellers right there. You're going to stop sellers out, and then you're going to trap them, right? So reverse it. That's when you take your profit. Heck, this could even be the bottom as well, right? Whereby maybe there is no longer any sellers that is left to trap down here or to take out. There is no more liquidity on the downside. So you just come here, wick these people out, and you start reversing, and then you start taking out the buy stops. And here's the thing. About liquidity, which is when you start reversing into bullish order flow, right? I want you to take a look at this, right? This right here is bearish order flow. This is bullish order flow. When order flow is bullish, you are going to take out previous highs, major highs such as this, right? When you are bearish on order flow, you are going to take out major lows from previously, like previously, right? In this case, that would be that one. Notice how you wick just a tiny bit above it— sorry, below it. In reverse. This one, wick above it, reverse, right? So assuming that once you wick this one, assuming that bullish order flow turns— sorry, order flow turns bullish, then expect 28.4 and 38.5 to get hit. This will be a short-term target, 28. I know it doesn't seem very, uh, very plausible right now, but when order flow switches bullish, you would be surprised at what happens. So that's going to be take profit 1, take profit 2, And over here, all-time high at 52 is going to be take profit number 3. And don't worry, I'm going to discuss long-term targets, not just at 54, because there are some, you know, very adamant people who believe that Chainlink is going to go to $100, and I am one of those people. So we're going to discuss that. So 13.5, that is the first level that you're going to want to look for, for a possible bottom. The second level, which, you know, might not be immediately visible to you guys, but this is where indicators come on. Now I don't use indicators as like my first level of analysis. I don't bring up an indicator and base my analysis off of that. I look at price action first. You always look at price action first because indicators are programmed on price action. You could even say that price action is the best indicator. So this just adds secondary confirmation to my previous theory, which is I think that the bottom for Chainlink is going to come in between $10 and $7.50, give or take. Now let me explain this. This orange, these orange lines right here, this is called a mean reversion channel. And basically mean reversion is, uh, think of it as a fancier, think of it as a fancier Bollinger Band. But I say that it's a lot more accurate than Bollinger Bands, although please don't take my word for it. I am not familiar with Bollinger Bands at all. So whenever you do come back to this bottom, this bottom band right here, That indicates a bottom. For example, this, especially when you put it on a daily time frame that is a higher time frame, it tends to be pretty accurate in the sense that unless you are in a super super strong bull trend, but you will you know you burst out above it. However, you cannot deny that you do not stay above these trends for very long. In fact, every single time it has been able to predict the top. Bam bam and that was very close. So assuming that you do come back here. $10 and $7 is going to provide a very solid buying area for the predictable future. Notice how in the entirety of Chainlink's existence, we've only touched the bottom band once. Once, for like less than a few hours. That was the start of— let's see here— that was the start of a 50x move. From that point right there, that was the start of a 50x move. Sorry, that's a 36x move. Now, saying that once you touch this, you're going to go for another 36x move, We'll discuss that. But if you do touch this, I don't see why you cannot hit $100 from here. So pay attention to that level. Mean reversion channels is one of my favorite ways to identify, you know, where we are on a macro scale. And when you put it on a higher time frame, it tends to be fairly accurate. So if you go back to 10 or 7.2, mean reversion is not the only thing that, you know, provides confluence to this being a bottom. Remember how I determined these levels before bringing up the mean reversion channels? And that's because of just liquidity, basically. There is— while this is really ugly, like really ugly, um, there is some liquidity to be taken over here. It might not be immediately obvious, but there is some that, like, there is some that can be taken here. So these 3 levels, 1, 2, 3, those are the levels that you're going to want to watch for, for a potential bottom on Chainlink. Now let's discuss targets. So in immediate short term, I already said it, when you wick You know, below here, there is a possibility that you could, you know, bullish order flow will just switch bullish immediately and you're going to go target over here. Absolutely a possibility. So the first target is definitely going to be 28. As mentioned, when order flow turns bullish, you target previous major highs. In this instance, it's going to be at 28, it's going to be at 38, and it's definitely going to be at 52.6. But what about after, right? What about after? So this is going to be tough. Right, this is going to be tough because we don't know that this is the exact bottom yet, but we just have to make do with what we've got. Assuming, right, assuming that this is indeed the bottom, I'm just going to mark out some very rough levels that you can take profit from. Of course, the thing that changes is if this bottom gets broken. Let's say a new bottom forms at $10. Assuming that is the case, right, then you just move your fib from this swing high over here at all-time highs To that low, right? At the moment, this is all we have to work with. So you know, at least I'm teaching you how to use this. So long-term targets, you can see that the 2.618 easily hits $116. So that's going to be a very logical area that you know you could expect the chain link top to be. And more importantly, chain link has been you know I don't know if you notice, but chain link started its bull market back in 23rd of September. Which is no, not even that. It started back in let's try to figure this out. So the one time that it hit the bottom band, that's over there during the you know what crash. So it started its really strong bull market at that point, and I believe if I'm not mistaken, that is before every single coin has like Chainlink finished its bull market. It started its bull market earlier than most coins, and it finished its bull market earlier than. Most coins. That's why it has been underperforming this entire time. But that does not mean to say that, you know, you should give up on Chainlink. In fact, it's the opposite. You know, since it's finished its bull market, let's take a look. It's been about a year since it— almost a year where it has been underperforming compared to the rest of the market. If anything, this should give you a good confirmation that, hey, when people are losing interest in Chainlink right now, that's the time you should be getting in. So, targets for Chainlink. First long-term target, I expect this to get hit within this year, assuming that markets are bullish, assuming that you go into bullish order flow. I do believe that this leg is going to be the leg that takes it to $100. But among, you know, on the way, you're going to want to take some profit, you know, just, you know, on the way, which is these profits are going to be at $28, they're going to be at $38, $52, $77, $92, And $116. Now I want to talk about Chainlink's 5, like, probably like 3 to 4 year, you know, target. If you base it on the Fibs, which 5.618 tends to be the exact top, like, for in the immediate long term, right? Sorry, in the like really long term, the 5.618 tends to signal the start of a bear market back into a reversal, into a 90% drawdown, stuff like that. You might not even hit the 5.618, but fully expect the 2.618 to get hit. Any more than that is just going to be a bonus. So $116, absolutely like just a viable target. Of course, remember I taught you already, a lot of things can change in between these, in between the next 6 months to 12 months. But realistic target, $155, $195, and $234. I don't know if that's realistic, but possible. It is possible. But by that time, I'm definitely going to have to make a new video. But for now, if you enjoyed this video, So far, I would like you to like the video. It's a small gesture, but it really helps a lot. And I want you to comment down in the comment section below, Link. Small gesture, really helps out the YouTube algorithm a lot. And if you enjoy this format of video, let me know as well so that I know to make more of these kinds of videos for every single coin out there, basically, at least the major ones. 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