A popular crypto trader says the decentralized oracle network Chainlink (LINK<\/a>) is flashing a short-term bullish signal.<\/p>\n Ali Martinez tells<\/a> his 59,300 followers on the social media platform X that the Tom DeMark (TD) Sequential indicator recently presented a buy signal for LINK on the daily chart, which he says suggests \u201ca potential one to four-day upswing.\u201d<\/p>\n Traders use the TD Sequential Indicator to predict potential trend reversals for tokens based on the closing prices of their 13 previous bars or candles.<\/p>\n LINK is trading at $13.81 at time of writing. The 18th-ranked crypto asset by market cap is up more than 4.5% in the past 24 hours but down nearly 21% in the past week.<\/p>\n Martinez also updates his outlook on Bitcoin (BTC<\/a>), suggesting that the top crypto asset still has room to tick upwards in the current bull market.<\/p>\n \u201cEach Bitcoin bull cycle goes through a euphoric phase, signaling a market top. BTC has yet to see that euphoria in the current cycle!\u201d<\/em><\/p>\n Martinez also notes that more than 27,700 BTC worth around $1.72 billion flowed into accumulation addresses when the top crypto asset dropped below $63,000 this week.<\/p>\n Bitcoin is trading at $63,262 at time of writing and is up more than 3% in the past 24 hours. It remains down nearly 10% in the past seven days.<\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>   Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" A popular crypto trader says the decentralized oracle network Chainlink (LINK) is flashing a short-term bullish signal. Ali Martinez tells his 59,300 followers on the social media platform X that the Tom DeMark (TD) Sequential indicator recently presented a buy signal for LINK on the daily chart, which he says suggests \u201ca potential one to […]<\/p>\n","protected":false},"author":2,"featured_media":286487,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-286486","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/286486","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=286486"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/286486\/revisions"}],"predecessor-version":[{"id":286489,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/286486\/revisions\/286489"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/286487"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=286486"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=286486"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=286486"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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