Time to buy more LinkThis is the perfect signal to buy and hold this token with low risk high reward
Chainlink
Chainlink is just different. Hi guys
I made a quick time line to demonstrated the historic reaction and growth of Chainlink during world events. this exercise was made to prepare us for a worse case scenario 2022. Im talking about a war with Russia, inflation and a housing crash. yes being prepared for worse case is like being set up for best case. Why link world events with chainlink, because the crypto market seems to react to any bad news just like the stocks.
My short analysis:
Chainlink seems to have a bull run every year since 2017 (inception) with an ABCD pattern. look to the chart for details.
However, what interests me the most is the famous 70% give or take crash that link has every year after reaching the peak. Is so consistent that even during covid-19 (A total world disaster) chain showed some resilience and had an early ATH before BTC. However.. boom another 70% crash. Link does this every year.
What now?
Yes, I get it, there's a lot of fud going around and the fear index dosen't look great but I believe chain is just different and the ETH whales tend to scoop their profits and allocate some to link every year.
Take away:
1) I'm expecting the same pattern after a long consolidation to occour taking us at least all the way to $140.
2) We will have another 70% crash and then repeat.
3) Link might go all the way down to $8 (who cares, I will definitely buy more)
4) Good knows what Eric Schmidt will bring to Chainlink. People seem to forget he was one of the top 5 most important CEO of 2001-2011 and carried on helping Google even during recent years. So he has great experience, great knowledge and he's network is just crazy. SO! this is a massive A+ for chainlink labs.
5) We are in the strong buy zone.
Main take away
Chainlink is in a bear market. It has been here since May.
Im not a day trader, Im a long term investor. I hope the above helps and would like to know what you guys think about my idea.
Thanks
Faris View.
Well, well...look what we got here H&SZoomed out and started to connect some lows & highs, of course had to had an Extension. #linkusd
Chainlink not going anywhere without his brothers BTC and ETHFollowing current trends of the Godfather of All that is crypto, just reiterating one more possibility for Chainlink. Over the next few days before the holidays, this will show what happens when people step away from trading and focus in on presents, cooked ham, family and the Big dropping ball that takes us into 2022. This is just one more idea before I do the same.Good luck and Have a great time following into the New Year!!
LINK/USD long term- LINK/USD pair at long term support, bears were rejected on three weekly candles
- bounced off 100 weekly MA, which closely follows and supports the uptrend from the beginning
- weekly Stoch RSI oversold and ready to cross up in the next week or two
- if the market peaks around March of 2022, we are looking at around $150 LINK
- one of the strongest tokens fundamentally.
Good luck!
CHAINLINK IN A BEAR MARKET!Which means CHAINLINK can go into a bull market when BTC is in a mini bear market.
LINK has fallen to the downside from the massive Falling Wedge, into Descending Wedge, back into a Falling Wedge.
Beneath Gaussian Channel also shows BEAR MARKET which also shows a double bottom will form in 2022.
NFA.
Chainlink to $500's My favorite trade right now, such a beautiful channel, everyone hates it right now. Equal legs move is $555 ish, send it, nobody believes.
DOTDOT is a now at very significant support. Current market conditions are a bit uncertain so we need to see if this support holds.
If it holds, that would be a nice long opportunity. If we lose the support, we need to see what happens around $20.
Near previous ATH would be the take profit levels we are looking for.
We would like to see a close above the 50 weekly EMA and the support holding to enter a long position.
Link meLInke me this objective.
We have in the triangle, just wait the lower.
Meanwhile, I'm going to play Zelda.
🔥 LINK 2.5 Year Macro Uptrend: Massive Move Soon?Since it's inception on Binance, LINK has been trading in a huge bullish channel. This bullish channel has brought the price all the way from 50 cents to $50, making LINK one of the top gainers from before the bull-run.
In case this macro uptrend will hold, we can expect a major shift in trend for LINK. LINK has been trading bearish since May 10th, so a shift in direction would be more than welcome for LINK holders.
Furthermore, the picture above indicates that the amount of long-trades on LINK (Bitfinex) are at an all-time high, further strenghtening the bullish narrative.
Assuming LINK will trade bullish from here on, we can expect a >$100 within the next year or so, making it a very decent long-term investment.
Happy trading!
LINK/BTC looking bullish!- held 200 weekly MA
- bounced off trendline (yellow)
- bounced off support range (green box)
- weekly Stoch RSI oversold and about to cross up
- great fundamentals.
If we break out of the year and a half long consolidation (yellow triangle) we might visit the ATH. Good luck!
CHAINLINK - Trendline breakoutHi everyone,
Chainlink is one of the most prominent project in the cryptoverse and in my opinion, it is undervalued.
In a technical stand point of view, Chainlink is currently breaking out from a major resistance. Do trade it cautiously with a retest of the trendline. The target is the 100 day moving average at approximately 26$.
Yours truly,
Aloo2k
Chainlink $30 incomingHello all. Looking at chainlink on the daily chart we see that we found support around $18 right at the long ascending support line (yellow line).
If we draw a resistance on the daily timeframe we get a resistance sitting at around $31-$32.
The fibonacci retracement from swing high to swing low gives us a golden pocket target which sits at around $29. This also corresponds with the downtrending resistance line which makes me speculate that chainlink will hit this target for a retest.
This price target puts chainlink at 55% gain for the short term.
Bullish signs to look for: Oversold stochastic Rsi, price to break current resistance around $20, golden cross.
Thanks for reading ,and stay tuned. Enjoy.
4th of July all over again for chainlinkLooks like Deja Vu. Chainlink is echoing the falling pattern that took place in the beginning of July. Looks possible we may see a wick hitting on or close to the $13.00 range. Getting nervous as I'm publishing , fear of missing profits while I'm typing. Good luck keep your figures crossed and take profits along the way. Upside....$13 dollars an awesome buy for Link for those who missed it last time.
$LINK Weekly Ichimoku AnalysisA break above $21.86 will place the lagging line above the price 26 weeks ago. This would be a bullish signal with a near term price target of $30
LINKUSDT- LONG descending wedgeThere is a long position in LINKUSDT Chainlink
LINKUSDT Chainlink
🔵Long Now or set on Key Level 19.80
🟢Target 21.65
❌Stop loss 19.00
#K_Level
