Cyber Monday saleUp to 70% OFF

Chainlink

Link inverted parabolaLink broke out of it's 434 day bearish parabola (in purple). In my experience, that means we have some upside ahead of us. Keep in mind we're still in a bear market, which means that I see this pump as a dead cat bounce. I believe the price will rise in the next few weeks, crash to a new low in September, then move sideways between ~5 - 10 dollars until the early days of 2024, i.e., right around the time of the next BTC halving. Then we begin a new 1.5 year up only cycle, at which point LINK should pump high as hell. These dead can bounces can be very profitable if you know where and when to sell. I've marked interesting resistance levels at which I intend to sell. I've attached my macro BTC chart, and macro LINK chart, for accumulation zones.
BINANCE:LINKUSDLong
by fritzz
5
Chainlink (LINK) - August 10Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (LINKUSDT 1D Chart) Primary resistance: 9.731 Secondary resistance: 11.064-11.976 Support: 7.411-8.290 If the price holds near 8.290, I would expect a breakout attempt to move above 9.731. When it falls below 6.7, Stop Loss is required to secure cash. - Since the RSI and Stoch RSI indicators are entering the overbought zone, it is necessary to check where support and resistance are found when the RSI and Stoch RSI indicators break out of the overbought zone. Therefore, you need to make sure it is supported in the 7.411-8.290 section. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
Chainlink Price Analysis — August 8Chainlink has posted an aggressive 12% rally over the last 24 hours, tapping a near two-month peak at $8.74. The cryptocurrency also recorded its highest bullish trade volume on Bittrex since May, highlighting the notable expectations of a bullish rally in the near term. That said, bulls need to be cautious of impending ease in pressure for LINK leading to a possible return to the $8.00 mark. Meanwhile, my resistance levels are $9.00, $10.00, and $11.00, and my support levels are $8.00, $7.30, and $6.00. Total Market Capitalization: $1.14 trillion Chainlink Market Capitalization: $4.08 billion Chainlink Dominance: 0.35% Market Rank: #24
BITTREX:LINKUSD
by Mr_Wogbe_Alex
LINK - Wait For It!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. LINK is rejected a strong support and round number 5.0 in green, so we will be looking for buy setups. on DAILY: LINK formed a valid wedge pattern in brown but it is not ready to go yet. Trigger: for the bulls to take over, we need a momentum candle close above the last major high in gray (11.0) Meanwhile, until the buy is activated, LINK would be overall bearish can still trade lower inside the horizontal support in green. In this case, we will be looking for new buy setups to form around 5.0 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
10
Chainlink Roadmap 2022-2024It seems for now we have a bottom to work with , things are starting to become much more clear for Link , we now have this major trendline as Marco support. It's the same trendline that sent links on a massive run up to 20 dollars and now as it stands we seem to be holding it. As you can see from the chart this time fib sequence is unreal , three amazing chainlink events , I try and find these all the time spend hundreds of hours going over link and btc for the golden sequence which I believe i found for bitcoin, its how i saw this capitulation event as early as January 2022. 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. 4.618 - This could be the date we get a rejection of the 8/1 gann fann , normally when price approaches 8/1 for the first time there is some sort of rejection or event that occurses and if my theory is correct it will swing down to the bear market lows again , as I go over in other TA's Bitcoin always comes back to create a double bottom before lift off . 5.618 - This is the most important fib count of all because it lines up with many things , first of all the Bitcoin halving event is during this period which for now is May 4th 2024 , we also have this very important LINK/BTC time fib which I have used for years without fail and the next fib time on that is last week of april 2024. The RSI on the weekly on Chainlink has been in a descending wedge pattern for more than one year , once we break this can expect big moves. So expect a major chain link event during March 2024 to April 2024.
COINBASE:LINKUSDLong
by Sporia
9
Link Currently At Dynamic Support!When taking a look at link/usdt on the 4hr TF we can see that it is currently at a dynamic support level which is the diagonal line shown. We can anticipate a bounce here as long as BTC does not continue to dump. Love it or hate it, hit that thumbs up and share your thoughts below! Every day the charts provide new information. You have to adjust or get REKT. Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect! This is not financial advice. This is for educational purposes only.
Long
by rnaofs
Chainlink (LINK) vs Bitcoin (BTC)Link is one of the fundamentally strongest coins out there. Many gave up on it because it underperformed in this bull market, for now. I think that it will outperform BTC and even ETH form here. It's currently sitting on the monthly support and this is good R:R here for a long. This is an aggressive buy here at around 0.0004000 levels, more conventional buy would be when it flips the yellow line at 0.0006885 to support. Targets as shown. Good luck.
Long
by Cool_Dog
Chainlink lost its all time price channelLINK fell below its all time price channel back in early December 2021, a sign that buyers were exhausted and sellers have dominated the price action. When such a scenario takes place, the market maker is in control pulling up buy walls at a strategic point in the chart. In this case they protected pre-2021 valuations and went on a buying spree between 15 and 16 USD in confluence with previous support in July and the 1000 EMA on the daily. From that point we have seen a strong reaction upwards with the market maker again in control retracting their sell wall and pushing up their buy wall. With success, traders and investors took the bait and LINK surged over 80% to retest both the price channel and the bull market support band, where price got rejected. Currently LINK is heading towards the middle of this local range between 28 and 15 USD. Price action will depend on the stock markets across the globe as well as Bitcoin's price action. LINK is one of the most correlated coins with Bitcoin, this creates vulnerability during Bitcoin corrections and relative strength in a Bitcoin dominated uptrend compared to other alts. Even though we are in a downtrend and LINK is likely to test previous pools of liquidity we haven't seen since December 2020, the king of defi will reappear as one of the most valuable projects in crypto in the future. With many institutional interest in the past years, price action tells us that most early investors took profits and it tells you about the stance of VC's and whales towards the crypto market. Given their average buy ins and their position size, they don't need a 3 figure LINK to make life changing money - and they didn't need it in the first place - they already had it. Their play money went into these projects and heavy profits were taken when retail was buying into the hype. The institutional backing creates organic price action for LINK, price action that comes with realism and heavy selling when things turn bullish. The very reason many people call their Linky so stinky. What we can conclude - by just looking at LINK - is that the post summer rally in crypto was rather a retrace and part of a corrective impulse. LINK has failed to set a new high and is one of the first altcoins to see summer 2021 valuations. This projects the reality of many other altcoins (most with less fundamental value) of what is about to come. Realistically we could expect a downtrend until Q3 or Q4 of 2022 together with a possible 40-70% correction for LINK. Many other projects would bleed much more and most memes coins - especially the ones outside the top 100 - will fall close to zero. For LINK however, the future looks bright and a chance to get a VC entry on the oracle provider of crypto should be seen as an opportunity rather than a threat to your portfolio. IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
Short
by cryptobullethbtcxlm
9