Chain
HOT sauber am .0382 Retracement abgepralltOrange übergeordnet bärisch wurde perfekt sauber abgearbeitet und ins Ziel gebracht, somit bullische Einstiege auf Long Term möglich.
Momentan in untergeordneter bullischen Sequenz sauber am 0,382 abgeprallt, sekundäre bullische Sequenz ist am aufbauen, aber noch nicht aktiviert.
ChainLink formed a Head and Shoulders LONG ($2.22)Fundamental Reason
BINANCE:LINKUSD is a coin used for diversification when a dump takes place at the market money of selling Bitcoins flows to LINK. The result is people in fear selling and ChainLink pumping unexpectedly, leaving everybody in confusion. With my experience watching the Link of its creation I think this is the case. Nobody would expect a new pump of Link.
Technical Reason
On a Daily time frame, Link formed double bottom with Oversold RSI, meaning that an unusual bullish reaction could take place so that the oversold condition recovers. Link's formed an H&S with a target of range between $(2.22 and $2.25). Price just tested $1.89 zone for a conformation of H&S figure. A confirmation for growth will be If Link's price closes a couple of 6H candles above $1.89.
Conclusion
Link's price will try to reach its H&S target of ($2.22; $2.25). Last weeks the price was on OverSold state on Daily Chart. ChainLink is very often used as an asset for diversification in a time of dumps.
Supports - ($1.89; $1.85)
Resistances - ($2.22; $2.25)
LINK IS GOING ALL THE WAY UP! 7/6 to 7/12Ok now we are going into the next half of the year and link is ALL THE WAY UP! We no thoughts in our mind that this is just some pump and dump. OHH NOOOOO Google won't let that happen and not to mention that link actually solves a real problem. Aside from making smart contracts smarter the oracle network provides a much faster and secure network. Link is without a doubt a SMART investment and most certainly a long term one.
Google's stock is currently at $1,132 at the time of this prediction. Now that Google has adopted Chain Link's technology it won't be to long until we see this crypto coin sky rocket!
GOBTC READY FOR NEXT TARGETSGOBTC is looking very bullish.
First target 20% from here.
Expecting to hit 0.000012 next 2-7 days.
LINK - ChainLink Descending Triangle formationChainlink showing a descending triangle pattern on the 1H timeframe.
We can have a downbreak immediately following the first red arrow. Or bounce one more time before the second red arrow.
(This is not financial advice, this is a volatile market where anything can happen)
XRP/BTC - UAE Central Bank Block Chain Partnership Announcement I am slightly shocked that there are very few charts dealing the latest announcement with Saudi Arabia's Central Bank signing a partnership deal within the last 24 hours. This is a MASSIVE bull FLAG as an early indicator; especially given XRP's prevalence of professionalism and partnership with major global banks. This is huge in my opinion. My chart may not be reflective of actual movement, as it can be so difficult to ascertain future price movement when such big news comes into play. For this reason, I am coming from a more fundamentalist point of view, with a few technical indicator and techniques used to add validity however; i expect a mammoth spike in price, with a HUGE bull run, and incredibly hard to predict,
I feel at this moment; historical candle trending combined with levels of support, resistance and fib levels, amalgamated with fundamentals, is the best way forward for now to get a handle and prediction on anticipated valuation on what WILL be a significant price break out.
The last pennant highlighted in red continued on to a bearish trend however; the current trend, is staying within the larger pennant with the exception of a few candles leading astray out of the pennant, only to quickly return. Again, there a signals EVERY where. Do not MISS this/
HSR Uptrend and good news!I do my own research and TA, don't invest if you did not do you own research. I am up for ideas and feedback!
MACD looks promising, RSI looks pretty good too, EMA 55 on 3 hours chart about to cross, shorter charts already crossed and supposedly 4 hours Chart will follow within the next hours too!
Additionally news for HSR:
- Hcash Main Chain will be launched in mid-February
- The UBTC airdrop for HSR holders The block-height of the HSR snapshot will be the block at 12:00 UTC on the 1st day of each month, starting 1st of March!
We still have plents of room up!
I am positive and thankful for negative and other feedback :)
Entered @ 0.001330
ChainLink (LINK) 160% Gains in 14 daysLet me start off by saying that I am not a financial adviser. You should not take 100% seriously anyone on the internet. So take my advice with a grain of salt and do your own research before investing in any coin.
We are IN the buy zone NOW!
ChainLink is possibly the coolest and most underrated projects out there in the crypto space.
With a market cap of only 250 million this coin can easily 4x your money within a year.
DYOR and here is my analysis:
Keep this in mind: What was resistance in the past tends to be support in the future and the other way around.
Key points:
1)LINK has a strong trend line that has not been breached
2)link is forming a massive cup and handle formation
3)LINK is far from its ATH back in October
Now after the run to 9000 LINK has corrected. As far as my research shows ChainLink does not like to retrace to the 78.6% mark so it probably will continue to not do so. It loves the 62% mark.
As I already said, keeping in mind the trend line and the corrective patterns we are in the buy zone. I advise:
1)Med size buy order: @6450 satoshi
2)Large size buy order: @ 6000 satoshi
First target:
1) 50% sell of @ 10500 mark
2) 100% sell of @11300 mark
Buy back @ 9900-10300 mark
I really don't think that after the wave up LINK will retrace more than 23,6% because the previous high will be close buy and wave 3 cannot go lower than that the top of the previous high
Good luck and happy trading!
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Thank you for the support! :)
LSK ascending - strong move ahead?After we've succesfully defended 0,0004 we can see ascending triangle and risin wedge forming on the chart. another attempt to break 0,00045 - the key pressure level is due. patterns should complete in day or two and either confim or deny the uptrend but it all looks good for now. i would expect another leg up in 0,0005 area soon. if we defend 0,000445 as new support after that it will be very bullish sign.