The Trust Layer for Market Analysts

The analyst discusses Chainlink (LINKUSD) on the 30th of September, with a current price of $21.08. He mentions several requests for Chainlink analysis, citing the partnership with Swift for payments. The video primarily focuses on technical analysis. On the monthly timeframe, Chainlink is closing on a red note, down 9%, but remains above a previous plateau. According to the Fibonacci retracement, the price is closing right at the golden ratio, implying a positive outlook. The analyst sets a minimum target of $100 by the end of the year, with potential for new all-time highs and expects at minimum a 4.8x to 5x increase. Moving to shorter timeframes, the one-hour chart shows a bearish turn, and stochastics and MACD also appear bearish. The four-hour RSI however indicates an upward-sloping bullish trend, as long as the uptrend is not broken. He anticipates a small drop to $20.73 or $20.56. On the daily timeframe, lower highs and lower lows are seen, the analyst estimates a near 7% drop.