welcome back it's the 20th of november 2020 friday it's a freaking weekend it's the fifth day of the week so have ourselves a great weekend ahead of you. We are at number five chain link with the ticker link so for changing against btc. I feel like we are about to break the resistance. I feel it. I feel it in my bones like as, if you know, we're, going to be breaking the resistance. Very, very, very, very soon, i think something big is coming in for uh chain link against bdc. I can't say who what when, where why but very likely. I think that uh chaining should be breaking towards the upside. The only question i have is if and when we do break for chaining will this break bring us all the way up close to the top, or will this be just a very small break and then we could be forming uh descending triangles and then are we Gon na pop lower for chain link against bdc – i don't know i really don't know i wish i could say. Yes, you are going up but uh again, a break of the resistance will be good for chaining up so freaking lonely. It would be good uh to be honest, i'll prefer it if jenny could break, and after that we go on a uh accumulation. Again we keep accumulating accumulating, accumulating and then boom. We go crazy for chaining against bbc. That would be the absolute freaking lonely.
Best case scenario for chaining: if we get it right, we're, not exactly sure whether that's going to be the case or not so that's. Why we have to take things one step at a time i think more likely than not uh. We should be rising higher and hopefully we get some sort of a symmetrical triangle and after that palm we could go on a rampage. We continually rampage. Training has been on a rampage for the past two years and i think the rampage is going to continue very likely. I think the rampage is going to continue for chaining but again we're, not entirely sure. So, like i was saying, we have to take things. One step at a time, but more likely than not chaining, should be rising higher against btc by right, so yeah, but anyway we have to take things one step at a time all right, let's, move on to chaining against usdt. But before that, please give this video a like if you enjoyed it subscribe to the channel, and let me know what you think about chain link in the comments be hello. So for okay, hang on let's just check out last week's comments. First chinning has been in a bull trend for two years and i think changing blue trend is very likely to continue higher. Yes, all right, uh let's check out rs rss what's a menu fan was hey, that's, good, so you're no longer a menu fan.
Do you play fifa um i used to, but i don't play fifa anymore yeah when you, when you say fifa, the song song 2 by blur, comes into my head. You know the song, ding, um, sweet canary, says sure hope it goes very cheap. I got stop loss out on it. Would you get more bbc or link again if there is a correction? Yes, do we, yes to bdc and yes to link here. These are two absolute freaking loudly solid projects. Um. If you talk to me about um, like, for example, um asking me what coins should i invest in here, i would always say: never stray too far from the top coins. What do you mean by when i say top coins? Yeah top coins means bitcoin. Bitcoin is an absolute top coin and it's an absolute must and what are the other top coins, obviously ethereum and on all that is in the top five right, uh and chain link is a top five coin, so yeah. Those are my thoughts on chaining. Welcome with hope in your hearts, yeah, marcus, uh, cryptocurrencies link, symmetry says: you'll, never walk alone. A non liverpool fan yeah liverpool, the champions they are the interim champions at the moment and yeah visualizes the two people that dislike the v don't like liverpool, i suppose so um. What did i say mo salah mo salah running down the wings there's another song? Actually uh about money, sadio and then something like that yeah because uh, i think uh there was a band okay.
I forgot something on the ban: yeah, they sang it during madrid right when uh liverpool went for the champions league finals in madrid versus tottenham. I think, if i'm not wrong and after that uh there was a concert at a square and you were singing this song. You know i was watching the videos anyway, calito says i'm a chain link, shrimp, uh i'm, a chain link, crew, mehmed, says who else thought hex hex richard hart all right. Let'S, move on to um chaining against usdt, so for training against usdt see. The thing i don't like about chaining against usct is that we are in a rising channel right. This is a rising channel, more likely than not rising channels break towards the downside. Right same thing goes for falling channels more likely than not falling channels break towards the upside, rising channels, break towards the downside. So yeah things are not really that perky for chaining against usdt, but for chaining against bdc. Things are looking perky, absolutely perky, and so there is a disconnect on the both pairs. So if i were to take a trick more likely than not, my trade would be for chain link against btc, because there's a possibility that chain link and bdc could be falling. But the chaining could be falling slower than btc right, bdc could be dropping faster and changing could be dropping slower and hence you could see a chaining rise against btc. Yes, you see the logic behind that yeah, so that's.
Why, like? I was saying to truly gauge the strength of a coin, look at the btc pair, so for chaining against usdt. I would be very careful about going to trade right now. Rising channels, like i was saying, usually break towards the downside i'm, not saying that rising channels cannot just suddenly rise parabolically, it could but then more likely than not the direction is down. So if we do rise, um we're going to have to miss it and we have to wait for a falling channel, falling channel or a foreign wage of sorcerer before we make any moves towards the upside. So we're still not entirely sure yet, and we have to be careful about going to a trade too soon because uh. If this were to be an abc kind of a correction yeah, then this could be a even bigger falling channel right. So yeah things are very uncertain for chaining against usd at this point of time, and so like yeah. I would preach caution and you know be very careful about going to a trade too soon uh. We would like to see what the wheels do first and if training does start turning bullish, then great we're gon na miss the first move we're getting in the second move and we'll take a ride for the third move yeah. So this could be a cup and handle kind of a chat pattern yeah, maybe so uh we're gon na be patient and we're gon na wait for the chaining wheels to do their thing.
If you want to take a trade very likely, you'll be against btc. All right, i guess that's it for my chaining technical analysis. Thank you very much for watching. I hope you enjoyed it.