chainlink labs team dot or chainlink chainlink 2021 predictions ALTCOIN SEASON 2021?? must watch!! ETHEREUM PRICE PREDICTION, CARDANO PREDICTION & CHAINLINK PRICE
welcome back to the crypto world channel everyone my name is josh and right now the bitcoin dominance is finding huge resistance and is currently getting a massive rejection from these levels which means that the old coins are gaining dominance overall and of course this includes ethereum right now at the time of this video ethereum is pushing higher and higher and recently we have seen some insane games in the old coin market some old queens even reaching three figure percentage gains in the last one week and this is all due to the fact that bitcoin is currently losing some of its dominance and this is flowing into the altcoin market in this video ill be giving you a quick update on whats happening in ethereum ill also be giving you guys a quick update on cardano because right now cardano has experienced a huge breakout above this incredibly important level that ive been talking about for quite a while on the channel in fact the last few months and we also saw a very bullish double bottom pattern for cardano versus bitcoin and on top of all of that in this video ill be giving you guys a quick update on chain link because a lot of you have been leaving suggestions in the comment section down below for me to bring back chain link on the channel because the last few times that i did cover chain link on this channel was roughly around 15 per chain link when we were currently forming this falling wedge pattern for chain link and i did let you guys know on the channel right there that this is a bullish pattern were more likely to break out to the upside so for anyone that was on the channel just a few weeks ago and got into chain link as i was getting into chain link once again the gain over the past couple weeks has been over 60 percent to the upside and since the bottom just here for chain link this has actually been a 100 gain in chain link over the past three weeks once again 100 gain means you are doubling your money in just three weeks so definitely make sure youre watching this video all the way to the end so that youre not missing out on any of this valuable information and if that sounds good to you just before we jump into it make sure to leave a like on the video down below and if youre new to the channel you might as well subscribe to the channel with notifications turned on because i post these updates every single day here on the channel so you do not want to be missing out on all of these new updates that im giving you guys on this youtube channel once again but yeah with all of that out of the way lets get straight into what this video is about so right here on the bitcoin dominance chart on the one day time frame so for the complete beginners out there the ones that are new to this channel the bitcoin dominance chance basically just shows bitcoins market share in a percentage term against the rest of the crypto market so for example right now were at roughly around 46 so out of all of the money in the entire crypto market roughly around 46 of it is sitting in bitcoin so of course when the bitcoin dominance is heading to the downside that means bitcoins market share is going down and the old coins market share is going to the upside but when the bitcoin dominance is going to the upside that means bitcoin is stealing market share out of the old coins so basically all you need to know with this chart just here is generally speaking when we are crashing to the downside that is good for the old coins but when we are pumping to the upside that is bad for the old coins now once again theres always going to be exceptions to the rule because theres over 10 000 all coins out there so theres always going to be exceptions to the rule once again i want to make that clear this just gives us a good idea on what the overall all coin market is looking like so for example when the bitcoin dominance is in this huge downtrend that is actually an old season when all coins are going crazy now even though in the immediate short term the fact that we have seen a bearish rejection from these levels just here and even though this has actually dropped to the downside over the past couple days just recently which has led to a lot of old coins having some huge gains even though thats happened this hasnt really confirmed an alt season i want to make that clear of course this has potential to lead into an old coin season but once again we really need to start breaking below some of these lower levels of support to start confirming a major alt season because once again zooming out a little bit an old season looks like this when we are absolutely crashing to the downside in this bitcoin dominance chance our short-term supports to pay attention to is coming in at roughly around 44 to 45 right here that was the previous low for the bitcoin dominance anything below that we do have the next lowest low coming in at roughly around 41 for the bitcoin dominance and bringing out the fibonacci retracement tool we do actually have the golden pocket coming in at roughly around 43 for the bitcoin dominance and of course the resistance to the upside is the area that we did already find resistance right here in the immediate short term and previously we found resistance along this line this is coming in at around 47 approximately so once again if this bitcoin dominance continues to head to the downside which by the way is not necessarily a bearish thing for bitcoin i want to make that clear the bitcoin dominance can drop to the downside while bitcoin can actually remain bullish against the us dollar a prime example of this was the 2017 bull market when bitcoin was absolutely shooting to the upside throughout that entire year and yeah by the way this is switched to the weekly time frame for the bitcoin dominus showing 2017 and as you can see the bitcoin dominance was absolutely crashing to the downside while the bitcoin price was pumping to the upside this just simply meant that the old coins were outperforming bitcoin thats all and especially if we could see this weekly candle close read on the bitcoin dominance chart that can potentially lead into further downside for the bitcoin dominance which once again in that case will mean that the old coins just overall on average will do pretty well but once again theres always exceptions to the rule i want to make that clear so it is always important that youre doing your own research on any old coin that youre investing in because thats a completely different game from just bitcoin and ethereum for example but yeah quickly checking out the ethereum to yours dollar chart on the one day time frame just here as you can see we are still currently trading above this important red zone right here which by the way the top of this red zone is coming in at around 3 000 us dollars and the bottom is coming in at around 2800 so for as long as were remaining above that level and using that level as support once again that is still pretty good here in the short term and theres really no reason to be overly bearish on ethereum unless we start breaking below 2.8 k and if thats the case the next support level that im paying attention to is coming in at roughly around two and a half thousand 2.4k to 2.5 k is a level that weve already confirmed to previous resistance and if youre looking at two and a half thousand weve already confirmed that level as support just here but when youre zooming into the shorter term looking at the four hour time frame we do actually have depleting volume and a potential bearish divergence forming in the rsi once again this isnt confirmed until we can actually confirm some sort of little peak because for example if the price of ethereum continues to pump to the upside then this will actually drag the rsi to the upside and cancel out any sort of bearish divergence that is currently forming on the chart but we also have to consider that we are currently forming a rising wedge pattern on the four hour time frame now once again because this is only on the four hour time frame its not extremely significant by the way for the new viewers on the channel out of every 10 rising wedge patterns that we see on the charts roughly around three out of 10 break to the upside and about 7 out of 10 break to the downside so if youre going off the stats alone technically speaking its more likely to break to the downside and if thats the case once again i would expect strong support coming in at this red zone just here but yeah essentially in the immediate short term there is a couple little bearish signs forming so just dont be surprised if you do have you know a little bit of a short-term call-off but if anything i myself would use that as a buying opportunity and in terms of ethereum price targets they havent really changed we still have the golden pocket coming in at roughly around 3.3 to point four thousand we do have the golden pocket coming in at roughly around three point four thousand us dollars anything above that of course we have the seventy eight point six percent fibonacci level coming in at around three point eight k but that isnt as significant as the golden pocket but yeah other than those levels just there basically just the all-time high coming in at roughly around 4 300 us dollars give or take and on some exchanges up towards 4 400 us dollars as the all-time high for ethereum that is also a very significant level of resistance for ethereum moving forward the all-time high coming in at around 4.4 k give or take so yeah those are my main price targets that im paying attention to and areas of support that i am paying attention to myself now giving you guys a quick update on cardano versus the us dollar this is on the four hour time frame just here for cardano the last time i remember covering cardano on the channel was right back here when cardano was roughly around 1.25 give or take when we were finally getting out of this massive resistance line just here by the way this has been a huge falling wedge pattern for cardano that weve been forming ever since around may 2021 and we only broke out in around the end of july this year but we did find a huge resistance along this 21 week moving average as you can see this was actually quite significant resistance and then it was the moment we broke above that level we came into this exact resistance level just here and then we came back down to the exact 21 week moving average got a perfect bounce along that level found a little bit more resistance in the short term at this dollar 50 resistance level and then it was as soon as we broke above this exact level that the cardano price began to explode to the upside now for the subscribers out there that have been subscribed for a few months on the channel now i have actually been talking about the 1.50 level as a very significant level for cardone for quite a few months now i know that i dont cover cardano every single day on the channel but yeah this 1.50 level is an important level that ive kept consistent in my car dyno updates when i do make them here on the channel because cardona has previously found huge resistance along that exact level in the first half of this year and we also found another massive point of resistance along this exact level in around the beginning of july and so once again it was as soon as we broke above that exact level just there that we began to explode to the upside over the past couple days just recently right up to this exact price target just here which i did actually set for cardano around two to three weeks ago on the channel in my last cardano video so once again for those that watched my last cardano video a few weeks ago you would already know about this exact level that ive got on the chart ive not actually moved this level at all because actually bringing out the fibonacci retracement torch just here that is actually the golden pocket the 61.8 fibonacci level for cardano currently coming in at roughly around a dollar 90. thats when youre drawing the fibonacci tool from the high down to this weak load just here but if youre paying attention to the other weak lows just here then that moves the golden pocket a little bit higher up towards around 1.94 so in around that dollar ninety to two dollar price range just there is really our next major point of resistance for cardano but do keep in mind that we are incredibly overbought in the short term here even on the daily time frame we are incredibly overbought in the rsi here and also on the four hour time frame just here we are incredibly overbought so we are due for a little bit of a cool off over the next few days once again its totally possible that we continue to the upside but i would actually expect in around that 1.90 level up towards two dollars as a pretty significant level of resistance to pay attention to and just taking a look at chain link against the us dollar this is on the daily time frame for chain link the last few chain link updates that i made on this channel was right around here roughly around two to three weeks ago and in those exact chain link updates i was letting you guys know that we are forming this massive falling which pattern which is a bullish pattern so its more likely to break to the upside and i was also letting you guys know that its very likely that this exact load just here at around 13.40 give or take that low just there is the bottom for chain link once again i said that a few weeks ago now on the channel and already this is playing out pretty nicely this game has basically doubled your money once again if you bought in at the bottom just here and for the subscribers out there i let you guys know that that is very likely to be the bottom a few weeks ago when we were actually down at those prices but keep in mind that the price target for a falling wedge pattern is simply the top of the wedge right now thats coming in at roughly around 34 give or take bringing out the fibonacci levels just here we do actually have the 38.2 fibonacci level coming in at around 29 so that could be a little bit of a short-term resistance level at around 29 to 30 dollars just there and then the golden pocket is coming in at roughly around 38 to 39 us dollars but i could not stress this enough make sure you do your own research as well you should never be buying into something just because im talking about it on the channel and even if i believe it is a really good investment still make sure youre doing your own research because you never know with youtube videos but yeah all in all chain link is obviously in a bullish trend on the daily time frame and also on the four hourly time frame we are obviously quite clearly in a bullish trend chain link usually moves in these strong surges to the upside it doesnt have these quick pumps it has these strong surges to the upside so while we are still in this uptrend thats actually what i would expect out of chain link moving forward its just a strong surge to the upside not necessarily a massive gain extremely quickly but once again a pretty decent gain over time over the next few weeks but anyway thats just about everything you have to say for this video theres a lot of content in this video so i hope you all enjoyed and i hope you got something valuable out of this video and if you did be sure to drop a like down below and if youre new to the channel make sure to subscribe to the channel with notifications turned on because i post these videos every single day here on the channel so you do not want to be missing out on any of these important information and also if you want to be the first in the world to see these brand new videos as im posting them i do actually post them straight away over on my twitter alongside extra bonus updates throughout the day so if you want to get extra content and real time updates throughout the day definitely check out my twitter the link to my twitter is in the description down below but anyway thats just about everything i have to say for this video once again i really hope you enjoyed it and ill see you all in the next video ALTCOIN SEASON 2021?? must watch!! ETHEREUM PRICE PREDICTION, CARDANO PREDICTION & CHAINLINK PRICEWelcome back to the Crypto World channel! In this video I reveal my next Ethereum Price Targets, Cardano Price Targets & Chainlink Price Targets! Make sure to watch the WHOLE video so you dont miss out on this valuable information!!If you enjoy this video then be sure to leave a LIKE on the video and SUBSCRIBE to the channel for more videos like this! I appreciate all of your support! ► $1610 BONUS + 15% APY Bybit: ► I use TradingView to view Charts: *********************************************************************** Official Social Media: ► TWITTER: *********************************************************************** Timestamps: Intro 0:00 Altcoin Season?? 2:07 Important Ethereum Analysis 5:25 Important Cardano Update! 7:58 Important Chainlink Update! 10:48 Ethereum ETH Cardano ADA Chainlink LINK Bitcoin BTC Cryptocurrency Invest Crypto TheFed News Litecoin marketanalysis entrepreneur business success investment finance bitcoins StockMarket BestCryptocurrency *DISCLAIMER* DO NOT take this video as financial advice! I am not a financial advisor and this video was only made for entertainment purposes. I am not liable for any losses you may incur so always do your own research before making any investment/financial decision. This information is what was found publicly on the internet. 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ETHEREUM PRICE PREDICTION, CARDANO PREDICTION & CHAINLINK PRICE chainlink 2021 predictionsALTCOIN SEASON 2021?? must watch!!
chainlink labs team dot or chainlink chainlink 2021 predictions ALTCOIN SEASON 2021?? must watch!! ETHEREUM PRICE PREDICTION, CARDANO PREDICTION & CHAINLINK PRICE