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Chainlinkbitcoin

Bearish sideways range continues Since June2022 chainlink is in accumulation bearish zone. The Resistance(S.Chart) has been tested 5 times, where the sellers pushed down the market,with increased bearish volumes. A break down oof the channel has more probablitiy as the bearish volume in the southern areas is increasing(I have marked them for you with red arrows) The market collapsed after the gap down on may2022. A break above 8,50 can push chainlink to higher area with the first target to fill the gap.(S. green arrows) and Bullish scenario. A Break down of the channel could continue to below 1$(See Bearish target 0,28-0,40). The bullish outlook will be invalidated upon a decisive daily candlestick close below $5.73 An increase in buying pressure from the current level could see LINK shatter above the $6.96 resistance level, flipping all the key EMA resistance levels into support and using them to jump off base to target new highs. In such a case, a crucial supply zone presents an opportunity for LINK holders to sell at a premium value. A supply zone trading strategy uses the price returning to the highlighted zone as an exit criterion. As such, traders should watch for a retest of the zone marked in blue to sell their LINK holdings. It marks the distribution phase of Wykoff’s classic schematic of market action characterized by accumulation, distribution, and redistribution spaces. According to Wykoff, these phases are the handiwork of ‘whales’ and big institutions like smart money hedging their funds in the market. Once Chainlink price tags the supply zone, investors should expect a pullback, making time an important factor in avoiding the load-shedding exercise. The recommended stop-loss level where traders and investors can lock in profits while avoiding any losses is the lower boundary of the supply zone at around $8.17. Such a moe would constitute a 30% rise from the current level. On the other hand, an increase and sustained bullish momentum could turn what now presents as a supply zone into a breaker, providing an opportunity for Chainlink price to ascend and collect liquidity above the November highs of around $9.00.
CAPITALCOM:LINKUSDShort
by DaveBrascoFX
1
LINKBTC A head of a massive bullish break-out.The Chainlink / Bitcoin (LINKBTC) pair made a first and important move towards a bullish break-out last week as it broke above a Lower Highs trend-line that was holding since August 2020, practically dominating the recent Bear Cycle. Despite the break-out though, the 1W candle was rejected on the 1W MA100 (green trend-line) and 1W MA200 (orange trend-line) zone and closed back below the August 2020 trend-line. This is holding the bullish break-out into a new Bull Market back but as long as the Channel Up (green) is holding and the 1W MA50 (blue trend-line) supporting, we will most likely see another attempt. Judging by the 1W RSI, we most likely need it to break above its 62.00 Resistance Zone, which started on May 03 2021 and has another two rejections under its belt. In the meantime, notice how the Fibonacci retracement levels have shaped the price action since August 2020, with the High Volatility Zone located within the 0.618 - 0.382 Fibs. As you see, last week's rejection was conveniently made also on the 0.382 Fib, currently a major Resistance, while the Channel's October Low on the 0.236 Fib, which is the Support. A break below, basically restores the bearish trend. A break above the 1W MA100 and 0.382 Fib on the other hand, should in short time test the 0.618 Fib, i.e. the top of the High Volatility Zone. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot
1
CHAINLINK (LINKUSD) WEDGE CORRECTION Following is my analysis for CHAINLINK (LINKUSD) using wave theory & Fibonacci measurments: 1) On Apr 15th, CHAINLINK (LINKUSD) touched its all-time high $44x 2) The market went into a correction mode after a 4-month uptrend taking the price from $9 to $44 3) The correction looks like a wedge correction called triangle diagonal in Elliot series forming (A-B-C-D-E) 3-3-3-3-3 waves inside the diagonal triangle shown in light GREY A-B-C correction waves 4) I believe the next wave is the last leg of the wave E in the diagonal triangle 5) There are 3 confirmation points that need to be taken here 5.1) Confirmation 1 - Bounce confirmation of Wave E shown in the diagram 5.2) Confirmation 2 - Price breakout from the diagonal triangle, shown in the picture 5.3) Confirmation 3 - Once it breaks out of the channel it usually retraces back before going LONG I believe these are some of the main confirmations that we need to take before taking LONG positions for CHAINLINK (LINKUSD) Information for educational purposes ONLY, appreciate everyone's feedback !!!
BITSTAMP:LINKUSD
by JAN360
Two buy opportunities on this chart for LINKBTCMid-Term Forecast Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.00110). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . LINKBTC is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 50. Take Profits: TP1= @ 0.00139 TP2= @ 0.00153 TP3= @ 0.00169 TP4= @ 0.01153 TP5= @ 0.01360 SL= Break below S2 --------------------------------------------------------------------------------------------------------------- Short-Term Forecast Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.00114). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . LINKBTC is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 52. Take Profits: TP1= @ 0.00129 TP2= @ 0.00139 TP3= @ 0.00153 TP4= @ 0.00169 TP5= @ 0.00192 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
10
LINKBTC CHAINLINK INVERTED H&S PRIMED FOR SHORT-MID Sorry to keep it short & sweet with another quick 2 publications today! I promise I"ll make a nice fat juicy/lengthy one tomorrow :) TIMEFRAME: Mid. RiSK/REWARD: LOW/MID Everything you need to know is on the chart including the stop (included 2 figures) Personally I'm going for TP2; CHAINLINK has been and will be one of the more promising tokens ushering in 2021 & is (much like MIOTA/CARDANO) one of those "game-changing" tokens that burst onto the scene & quickly breached the top 50 mkt cap....and became self-evident it was there to say. Not posting any stonks (not anytime soon) publications so don't hold your breathe though I will include XAU/XAG LONGs when I can catch a breathe FFS (or some sleep =*( ) Peace & Love -@a1mtarabichi Disclaimer These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.
by a1mtarabichi
LINK - #CHAINLINK - $9.5 long term target in $LINK $9.5 long term target in $LINK Short term: We're patiently waiting on +$8 That level will be your golden opportunity for a move Moving below $1.97 would invalidate the short term count and give us a bearish warning. It also doesn't help that the chart I used (binance) differs from the current one (coinbase). Fucking scam wicks! And that's not the first time that I see that on binance. But we'll see how it goes... Only thing that matters is that we don't lose the Sep low! IMO I expect one more push before we retrace again. But don't worry, this is normal. Patience! $LINK #CRYPTO #CHAINLINK
BINANCE:LINKUSDLong
by ferGOD
2
TRADINGVIEW GLITCH RESOLVED ?? HOPEFULLY -- CHAINLINK SHORThttps ://imgur.com/ gallery/ NWoHfMm https: //imgur.com/gallery /95QLy0s (Spaces in betwen both links; delete them in the web browser for access, otherwise TView won't let me post them) FIRST AND FOREMOST....I feel it necessary to explain myself as to why the hell its been almost 2 weeks since I published anything; let me put my (small, but vocal & loyal followers whom I am very appreciative for =D) at ease & let you all know that what has happened needs no further explanation that the screenshots taken as revealed in the images posted on imjur today... I posted this support ticket on TradingView Help Center on 12/21/19 & I'm not sure if the issue was resolved but it appears to be...I hope anyway. The support ticket (both the one I had filed & the ones I had in the past going back several years) were all wiped clear..and the data analytics show a patch resolved a bug on 01/11/2019 so I hope that this puts this matter to bed. In short, I had two tradingview accounts (courtesy of IoS (which LOATHE AND DESPISE) ) as well as logging in via facebook/google/twitter or hand typing login/psasword in full juxtaposition with logging in solely with one method: using the login/password manually (which on my phone is no biggie..thanks to face ID & such) nor is it on my PC / laptop as I often find myself typing faster than I think so constantly put myself in a position where the expression "think before you speak" applies directly to the context in which I mistakingly (at times) forget to "think before I TYPE!" The main issue I was having was that it created a duplicate account -- my publications, followers, rep were getting split into "atarabichi" and "a1mtarabichi" which was so damn frustrating as not only did it prevent me from posting any publications; but I could not access intraday trading timeframes... Some of the lovely publications you missed (but not for lack of trying) in the past week alone: $EOS $DATA $BNB $ETH & my LORD did I want to post my $LEND & $TRX publication as that was a HUGE haul and it pissed me off that I could do nothing more than tweet " According to Financial News, the company was the fastest growing asset manager from 2000 until 2005 when it stopped accepting new accounts. [Its assets under management have increased by 25% each year during the 2001-2010 decade with employees at eleven times their year 2000 levels. The company's Daily Observations research is reportedly read by leaders of central banks and managers of pension funds around the world. In 2012 Dalio appeared on the annual Time 100 list of the 100 most influential people in the world. In 2011 and 2012 Bloomberg Markets listed him as one of the 50 Most Influential people. Institutional Investor's Alpha ranked him No. 2 on their 2012 Rich List. It utilizes a global macro investing style based on economic trends such as inflation, currency exchange rates, and U.S. gross domestic product. Bridgewater Associates began as an institutional investment advisory service, graduated to institutional investing, and pioneered the risk parity investment approach in 1996. I first discovered Dalio after finishing "The Making of an American Capitalist" a semi-autobiographical and strategic guide on Warren Buffet written by Roger Lowenstein -- another MUST READ recommendation; but unlike Lowenstein's book on Buffet...Dalio's semi-autobiographical investing guide, not dissimilar from the aforementioned one about Buffet, is more of a "Dos and Don'ts Rulebook for venture capitalists" and it was written by himself. It gives you a dive into the mind of one of the greatest entrepeneuers and investors to have ever existed int he history of mankind -- and you damn sure learn a lot from it!! For those interested in Dalio's book...it's called "Principles: Life & Work published in 2017 Ray Dalio based on principles he had developed while running Bridgewater Associates. WITH THAT BEING SAID: I'm praying this publication will post properly...and I could go on all day with this oped but I've said what I needed to say thus far and need to foucs (from hereon) moreso on quantity & less on quality (that's not to say I need to be one of those clowns posting 15 chart publications a day with an accuracy rate of about 40% and talking crap not knowing what the hell they're saying -- and they do so with absolute subborness & such confidence like "how the f could you possibly know?" but I digress. I just felt it necessary ONCE AGAIN to distinguish that I will always practice this concept of being radically open minded; always be open to the idea that I am WRONG and my TA is clearly wrong as well. It's IMPOSSIBLE to account for all anomalies when it comes to investing, but with the 10 Crypto Commandments (it's on my Linkdeln page as well as my Twitter...I highly suggest you read it) and don't be one of those "TLDR" clowns who expects to get rich without doing any research whatsoever.. I live my life using the 7 P's to guide my version of success (in roder from most to least important) I suggest others do the same as this philosophy is foolproof, despite being different contingent on your personal preference/hobbies/goals/aspirations: 1) Prepare 2) Prioritize 3) Portfolio Management 4) Python 3.7 (cloud computing & data compressionn MOSTLY( 5) Promises (New Years Resolutions -- Promises made, Promises kept including taking care of my mind/body/health for what I call an "inner spiritual revolution" though that's a whole other oped/article for a whole other time/date 6) PRACTICE (Nothing worth having comes EASY -- BUILD the skills I need to have while BOLSTERING the ones I do have) 7) PLAY!! (BALANCE, R&R, RELAXATION..I learned the HARD WAY in 2019 that not having the right routine, which includes setting time aside for a hobby (reading a book, watching TV< working out, getting laid, clubbing, ANYTHING that helps you grow spiritually) I got a little out of hand here so I'll update later... with that being said: We've got an inverted H&S ON CHAINLINK LINK BTC Numbers, targets, STOP LOSS (red horizontal) and all the likes posted above. [list [ [b ]Personally I"m shooting for TP 0.00028995 & setting stop @ 25064S. Fairly bullish on this signal as evidenced by the inverted H&S posted in chart above Cheers. HAPPY BIRTHDAY TO MY BEST FRIEND & LITTLE BROTHER -- ADAM T. Love you bud! TRADINGVIEW / STOCKTWITS / LINKDELN / TWITTER / IG / SC / BENZINGA / ETC.. Respectfully, -@a1mTarabichi
Short
by UnknownUnicorn1445512
LINKBTC Has Completed Bullish Setup | A Good Long OpportunityIn the month of Sep 2019 the price action of Chainlink took the power full bullish divergence and after making upto 131% bullish move now the price action has formed a falling wedge which was initiated in Oct 2019. Now the price action is likely to bounce from the support of this falling wedge in the meanwhile the priceline is also getting bounced from the lower bands of Bollinger bands before hitting the support of pattern and Bollinger bands support the moving average convergence divergence (MACD) was strong bearish now it has turned weak bearish and Stochastic has given bull cross from oversold zone the relative strength index was also oversold and now turned bullish. On 4hr chart the Exponential Moving Averages EMA 10 an EMA 20 are giving bullish signals by forming golden cross and lifting the price action up: The price action might have some price correction coz it has made sudden up move after hitting the support however the price action will hit the Fibonacci projection of tail to support of the channel between 0.382 to 0.786 Fibonacci soon so we can set our sell targets between: 0.00029175 to 0.00033581 So it is upto 34% profit potential trade, however we should set our stop loss using support of this falling wedge in case of complete candle stick closes below this support area. Regards, Atif Akbar (moon333)
Long
by moon333
LINKBTC Parabolic to 0.00055.Buyers can be very pleased just by looking this chart of Chainlink. One of the most profitable coins lately being parabolic to Bitcoin. As seen on the chart, when the RSI posts this bearish divergence with the price candles hitting Double Tops, the pair makes a top, pulls back and consolidates until the next run. Each time the pull/ consolidation phase is smaller (the rate 0.60). Assuming this will hold, I am expecting a pull back to the 1D MA200 (orange line) before the next run. My Target is 0.00055.
Long
by TradingShot
6
ChainLink - $LINK Hopium is over, time for a dump!Most crypto traders have probably heard of the cryptocurrency ChainLink at this point, it was one of the few digital assets to see a bullish reversal so far. The ticker for this coin is $LINK. Since December 2018 $LINK has seen a sharp rise from ~$0.19 all the way to ~$4.60 at its peak in July. Interestingly enough, we have only started hearing about this coin more recently. This hype that has recently picked up also coincides with its price somewhat recently peaking. Fundamentally this information makes me feel that a sharp correction wouldn’t be at all surprising. The charts seem to tell us the same thing. Looking at this chart we can see that an Elliot wave pattern was completed and an ABC pattern is currently forming. The B wave seems to have completed as we are failing to breach the resistance that I have marked on the chart. This picture shows a breakdown of the corrective waves that have occurred so far. We can see a possible 5 wave pattern completing the A wave and a 3 wave ABC structure completing the B wave. The A wave completed at the .5 Fibonacci retracement level. To complete the C wave I expect the price to reach at least the .618 Fibonacci zone, also known as the golden zone. I will be further analyzing this trade once we get closer to that zone. If we reach this zone that would be approximately a 19% decrease in the price. What would I do if I was holding $LINK right now? I’d sell, and if I was a believer in the long term potential of the project I’d be sitting on my hands and waiting for a better entry point. Preferably around the golden zone. This is not financial advice, this is just how I’d approach the trade.
COINBASE:LINKUSDShort
by dmitch696
9