50%+ gains incoming for Chainlink According to chart patterns only. Do your own research . Chanlink seems to be looking to push above previous $9 area. With a temporary retracement to $8 before topping off at/or around $10.90, where there still seems to be minor resistance. Expect a deep pullback at this point.
Chainlink
Preparing for Big Chainlink TradeTime is coming , we are approaching October 2022 and when October comes and this 3.618 Time Fib hits we are going to get a candle breaking us out of this triangle.
It is in fact Chain link time fib count on the LINK/BTC dominance that started to unlock this powerful fib time sequence for Bitcoin and link itself check it out below.
It is still a 100% win rate fib count to this date , yes 100% check it out , last count did not act as pump but showed us a LINK bottom.
Come October we will get a breakout of the Dominance I expect .
Chain Link Fib Count
.0618 - This date is important because it's when Link hit 20 dollars for the first time, it was an important level to hit that resulted in over 140days of consolidation.
1.618 -All time high , yes this fib count lands right up there .
2.618 - This was a major pivot point down for the link which confirmed the bear market because it created its first lower low on the weekly.
3.618- First week of October 2022 , this could be the week Link starts increasing in momentum.
I go over this in more detail in the TA below .
Not only do we have this insane Fib count for Chain Link but if you check the TA below and press play you will see something amazing unfold.
The game plan is as follows , stock up on x3 leveraged tokens on FTX exchange ,they are one of the few that offer LINK tokens x3 , we ride it up to 24-30 dollars from October 2022 to February 2023 , no funding rate fees, no liquidation number to think about just sit back and let it ride.
I have a lot of confidence trading Link fib time sequences so we going big on this one no holding back.
Waited 539 days for this moment (LINK)The moment has finally come after waiting since Chainlink cycle peak May 10th 2021, its been 539days of downwards(since Cycle peak ) resistance on the dominance but finally we have a clean break.
This chart has showed us the future step by step and has been correct all the way. This Fib time Chainlink count has been correct for years now.
This was the strongest clue for me that the bottom was in for crypto , the last fib count on May 23rd 2022 signaled a bottom for the dominance and for the price of chainlink.
out of all the evidence that came in that the Bitcoin bottom is in , well atleast the "first" bottom , this was the chart that confirmed most things for me .
The time fib count yet again happen to be a important moment for chainlink showing that chainlink bottomed around this time.
Since August 2020 link has been moving down in domaince vs Bitcoin but finally we have had a major breakout which should signal a big move for Chainlink price since historically thats that what happens when dominance goes up.
There is another Time Fib count im following on chainlink aswell but this time its on the price chart check it out below.
What is also very interesting is that the 618 fib is where chainlink cycle peaked, so is it possible that we going to make a move up to 618?
Its been an amazing couple of years using this Fib count for Chainlink and as each count passes the time for the next extends so the next date is April 2024! .
#Chainlink Drops 22%, Triple Tops Forms Past Performance of Chainlink
Chainlink is down 22 percent from this week's highs as bears wreak havoc. Technically, there is a bearish engulfing bar with high trading volumes pointing to participation and, mostly, the exit of liquidity. As it is, LINK traders can search for entries to dump the token, expecting further losses toward 2022 lows in the short to medium term.
#Chainlink Technical Analysis
There is a triple top formation in the daily chart. Notably, the November 8 bar is with high volumes and wide-ranging, rejecting gains above Q3 2022 highs at around $9.5. Therefore, since the trend has been developed and fundamental factors support sellers, because fear grips the market, aggressive traders can look to unload with targets at $6.2 and later $5.2—2022 lows as they realign with the primary trend. This was established in H1 2022. Presently, losses that push LINK to print new 2022 lows will be in continuation with early this year's losses.
What to Expect from #LINK?
Traders are apprehensive and looking for safety. Subsequently, most, as the chart shows, are dumping the coin, contributing to the sell-off. As long as LINK is below $9.5, the token might drop to new 2022 lows.
Resistance level to watch out for: $9.5
Support level to watch out for: $6.2
Disclaimer: Opinions expressed are not investment advice. Do your research.
Chainlink: Partial Decline Supply Line Breakout Update #2This is an Update to this currenly still active previous setup from several weeks ago:
As of rigth now LINK has Confirmed it's Pivot from the 0.618 and has now broken through a serious Supply Line; If it continues up to $9.51 we will have confirmed a Partial Decline which at that point should lead to a Breakout of the Range that could take it to the next Resistance at $27.80
ChainLink - Looking StrongI like this chart of LINK to be honest, nice ranging for some time of consolidation - looks primed for a decent move up.
Breaking the mid-range now to the upside - want this to hold.
Nothing to get too crazy excited about yet, but breaking above this macro (larger) range would be huge, that is what I'm anticipating.
I've watched this same chart for some time and it is respecting levels nicely, grinding up and holding demand.
LINK Marines may just push this one higher.
V
LINKUSDT The link has broken through the accumulative triangle and goes to its strongest resistance at $9,360, before going through resistances at $9,009 and $9,360. From the top (05/08/2021) until today, LINK has already corrected 80.93% and in view of the very high foundation it has, we may have ascending times close. His next supports are at $8,764 and $8,591. Your RSI on the 1H chart is overbought, so be wary of going long.
**All descriptions are for reference only and do not guarantee profit or loss on the investment.NO INVESTMENT ADVICE.
www.tradewithrenato.com
LINK/USDT - Major Resistance Breakout 🚀Looking at one of our favorite cryptos; Chainlink $LINK on the 4H and 1H charts.
Broke through a major resistance during this recent crypto market pump.
Some might say this could be a "buy the rumor, sell the news" situation with the staking & CCIP incoming.
Time will tell. Either way, we're pretty bullish on the project!
-TucciNomics
Chief Overlord, AlgoBuddy
Chainlink (LINK) - November 5Hello?
Welcome, traders.
By "following", you can always get new information quickly.
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Have a good day.
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(LINKUSDT 1W Chart)
Whether the price can rise above 11.064 and sustain is the key.
(1D chart)
If the price is maintained by rising above the 8.290-8.822 section, it is expected to rise above 9.869.
However, the key is whether it can move above 11.064, which is an important support and resistance point, so you need to think about how to respond.
The reason is that the trend-determining interval is formed over the 11.976-15.374 interval.
If it goes down, you should check to see if it finds support in the 6.7-7.411 zone.
If it doesn't, it is likely to drop to around 4.976.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** HA SRRC indicators are expressed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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LINK may be breaking up from triangle; nearing daily goldencrossLooking at the weekly chart here to get a better view of this pink triangle’s trendlines. We can’t see on this chart how close the daily charts golden cross is from happening but it appears to be less than a few daily candle closes away from occurring. If this symmetrical triangle confirms its bullish breakout the target is around $11.32- $11.47. Reaching this target would bring price action up out of a much larger triangle that its been in for far longer that has a much larger breakout target to go with it, however we can see the stoch rsi on the weekly chart has ventures into the overbought zone so it increases the odds that when price action first retests this yellow trendline on the way to the target it will encounter it as resistance, same with the descending white trendline as well. The stochrsi is also overextended on the 1 day chart too increasing the probability that price action will encounter resistance along the way to the breakout target that may result in some level of correction. Still always possible it finds a way to break through both of these resistance lines with ease just a lower probability with stoch rsi already in the overextended zone. If it can sustain the breakout and reach its full breakout target then I believe it will sustain the daily chart golden cross and in time trigger the breakout from the much larger triangle pattern as well. *not financial advice*
link breaking out hour/2 hour link breaking out of most recent pattern on the hourly as well as the 2 hour chart setting a higer low and should start the next leg towards previous highs or possible shoulder of the previous head and shoulders on the hourly. where we can re evaluate our positions and scale accordingly. COINBASE:LINKUSD interesting trade study will play out either way but for now staying bull.
[UPDATE LINK] What can happen?Chainlink move:
Short term:
1) small pump up to 9-10$, dump
2) dump to the mid-range of the small range (7$), pump to 12-17$, deviation, then dump (during the staking december season)
Long term:
1) deviation, consolidate in the 4-6$ range, initiate new pump
2) consolidate in the 4-6$ range, final dump to may 2020 prices, consolidation, initiate new pump
This is true for link and for many other alts.
LINK Looks Juicy LINK has been accumulating for quite some time now - just bouncing in this range preparing for a large move imo.
Would look to enter on a retest of the mid-range or breakout above and retest - currently in no mans land with any real good entry location.
But on a higher timeframe this looks ripe to rip up to the target above at some point.
Annotations also on the chart!
Cheers
LinkFinally Showing Lots Of Bulish Signs
InDaily Timeframe Descending Trendline Has Already Broken
Wait A Bit
Actually Link Breaks 2 Patterns In Daily Tf
2nd Is Symmectrical Triangle And Both Patterns Are Already Broken
Lets Have Look At Indicators
100 Ma Has Also Cracked Yesterday
Rsi Also Breaks Ling Range To The Upside
Lets Summarized Our Analysis
Link Is TRying To Tell Us That He Wanna Fly Now
Looking Very Good For MIdterm Buy And Hold For Few weeks Or Even Months For minimum2 or 3x
LINK/USDT BREAKOUT! READY FOR A 100% MOVE TO THE UPSIDE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this LINK/USDT trade setup.
LINK looks bullish here. Breaks out from the symmetrical triangle in 2days time frame. Expecting a good 100-120% rally from here. Buy this one on spot and hold with the SL.
Entry range:- $7.0-$7.7
Target1:- $9.2
Target2:- $11.4
Target3:- $13.4
Target4:- $15.8
SL:- $6.2
Buy some here and add more in the dip.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
#btcstarburst The world is Moving? ChainlinkThe world is moving… Is chainlink a good buy? Accumulate maybe… Chainlink is tied to many things, during the last Bull Market Link was will on its way to $100-$300…. What is its real value… This remains to be seen In the next ten years when full adoption takes place Link will probably be a BEAST… a minimum of at least $100+ not to mention the staking options. Some say $1000 this could easily be possible so $500 maybe a better shot..this is a study. DCA safely. CHAINLINK NEEDS ITS TURN TO RUN SOME TIME SOON!! LONG TERM…