May 23, 2025
THIS SUCKER IS READY TO EXPLODE
Prepare for a Monster Rally - CHAINLINK
Altcoins are breaking out (excluding BTC and ETH). Let's dive into the catalyst.
The Stablecoin Bill
The Genius Act allows banks to enter crypto, boosting institutional adoption of decentralized finance. Among several major coins, Chainlink is my top choice as it connects all blockchains, creating a very wide MOAT.
THIS SUCKER IS READY TO BLOW
When price breaks above its Volume Shelf and then holds above it, it indicates that sellers have been absorbed, which fuels bullish momentum. I see $18 as the breakaway level.
Anchored VWAP profile plots the average price paid for an asset—weighted by trading volume—from a specific start point, so you can instantly see where the bulk of buying and selling has occurred and gauge true value and trend strength.
Chainlink first surged in October 2023 after a long period of consolidation. If we calculate the average price weighted by volume from that date, we arrive at $16.50. In the past, a strong move above $16.50 has led to an explosive reaction.
Anchored VWAP is the volume-weighted average price of an asset calculated from a user-selected start point, showing where most buying and selling has occurred to highlight fair-value levels.
The MACD is indicating that Chainlink is on the verge of a significant breakout. We see the signal line(blue) attempting to cross the slower-moving average (orange). The last three times we saw this price, it increased by +170 %, +58 %, and +200%.
MACD shows momentum by subtracting a longer-term moving average from a shorter-term one and plotting that difference against its moving average—so when they cross, you get simple buy or sell signals.
The Relative Strength Index is telling the same story as the MACD. A cross above the midpoint would signal a powerful release valve.
RSI compares the size of recent price gains to recent losses over a set period and plots the result on a 0–100 scale to signal when an asset may be overbought (above 70) or oversold (below 30).
Fibonacci tells us to look for the next peak somewhere between $34 and $38
Fibonacci extensions use key Fibonacci ratios (like 1.272, 1.618, 2.0) projected beyond a swing’s high or low to map out potential future support and resistance levels.
I got Bitcoin Headed for $150,000 by July/August
I got Ethereum headed for $4k/5k by July/August