ChainlinkLINK/USDT looking Bearish in WEEKLY & 4h CHART until Strong Support Zone arround 6.70-7.20 good luck!
Chainlinkbtc
Link is near the strong supportI see good buy opportunity in the zone $6.50 - $ 9.00
for the mid term it can see a bonus from these levels
it's already 80 percent down from ATH.
ChainLink Update: H&S ConfirmedChainLink just broke the most important support level at $16 and now the price is heading to the next support levels. The target projection of the main head and shoulders pattern is around $4 but before that we have some initial supports to hold the price at $10 and $5
Chainlink at a Beautiful ConfluenceIf this can hold which I think it will we have a ton of upside, whole market is scared crapless, a whales paradise. Both the vs BTC & ETH broke 2 year long downtrends and look great also.
LinkLinkBTC is correcting back to the previous resistance after few days , now we have a support zone about 47 satoshi and the Fib 0.61 retrace is at 47 satoshi aswell , then it gives us a geat support. Im checking this as a bestie Bahram did ask for it
Link ascending triangle on the weeklyIf we ignore the one fakeout, we can see this ascending triangle forming and waiting for a breakout. Link could easily rise to $200 in 2022 based on fundamentals. It is nice to see that technicals can support this theory.
A Bullish look on Chainlink? Elliot correction wave AnalysisA break in the Leading Diagnal could also then be wave X which would still be Bullish short term, as X generaly move in the opposite direction of the correction
Any Inputs Appreciated
Good set-up on ChainLink Crypto Hello Traders,
I been viewing it in last couple of days and hoping for a good set-up, well it is happening. A wonderful set-up with RR (Risk-Return) of 2x or more.
Price Action in Daily candle sticks chart tells-us that ChainLink has secured a support at 18.20ish and it is ready to rise above 30 level in 60 days.
Strategy = Long Position
Duration = 60 days
Entry = Spot (current rate) or anywhere between 18.50 and 22. Use averaging method.
StopLoss = 16.5ish, it should not touch this level because you will notice strong upwards push when prices get close to 18ish levels.
Target = 30 and above.
In coming days you will see price struggle between buyers and sellers at 23 levels but once it is broken there is not stopping back till it hits 30 and above.
Remember to use risk management. Use 1%, 2%, or 3% of total Capital to place trade.
Happy trading
Disclaimer: Above idea is based on my thoughts and not a recommendation or advise to buy/sell. I strongly recommend you to abide by risk management policy laid down by your country's' regulatory board.
Chainlink Target: $60 Stop Loss? NoneStaking coming this year. The foundation has stopped selling. Free Alpha
LINK/BTC. ChainLink Strong Bullish Signal 60% and 3x Targets.This is a trade I've been anticipating for a long time. ChainLink is finally showing signs of reversal of the bearish trend that lasted for a year and a half since August 2020. ChainLink has been consistently outperforming Bitcoin. I expect ChainLink to climb 60% by February 2021 and to triple versus Bitcoin by July 2021. If you consider that Bitcoin itself will double in price by July 2021, then ChainLink would 6x vs USD by that time.
Be mentally prepared to lose about 25 to 30% of your capital on this trade. Set a generous stop loss and do not risk an amount that you cannot afford to lose 30% of. But whatever you do, do not ignore setting the stop loss. Watch the video for more details and good luck.
ChainLink Trade Update Weekly and 12-HourI talk about two trades in this video, one on the weekly timescale and another on the 12-hour timescale.
Summary:
Weekly trade is still in play.
12-hour trade exited as stop-loss hit. Waiting for a point of re-entry.
LINKLINKBTC cleary broke the resistance and we might see a back test , but pretty sure it will go higher than this
LINK Making Gains On BTC!!?Chainlink on a weekly timeframe has broken out against BTC and we are looking bullish! Ontop of that good news we got some more amazing news from Sergey Nazarov, Chainlink staking is going to be released this year! Absolutely huge news and a big win for the LINK community, the people have been waiting years for this to happen, once the news comes out where staking is live i expect link to see some massive volume and likely a lot of FOMO! Our first test for Chainlink on the weekly is aprx 0.0005 BTC. Looking at the RSI we have broken nicely above the yellow SMA and we are heading to the upside where we will be approaching the very important midline, we gotta break up and above here and hold it for us to regain an uptrend, being below this level keeps us in a confirmed downtrend. The MACD looks good we seem to be coming out of a double bearish cycle with our histogram now right on the midline, the goal here for weekly close tonight is to print a strong green bar on the histogram and then afterwards continuing to print green bars that are increasing everytime, its also looking like we are going to see a bullish cross which is always a good thing and due to our previous 2 bearish cycles this next bullish one could be huge! Now the Wavetrend is sending off some bullish signals aswell, we have bottomed out and we are making a very healthy rounded curve for our reversal, keep in mind just on the daily chart this is a slow moving indicator that usually doesnt make sharp moves, on the weekly its even more powerful and slow moving, we could be in for a big bullish wave coming up soon, especially because we have seen quite the downside over the past months! Not financial advice just my opinion!
LINK Buy of a lifetime (Analysis) 🐂LINK is forming a solid pennant that it's been respecting since September of 2020. I believe the earlier pump was simply deviation, and that the real breakout is still coming. A buy at the current price ($20) is further supported by the Stoch RSI, where each time it's bottomed out has been a great opportunity to buy. Based on the fib retracement from the last pump to the last low there is big resistance right around where a breakout from the pennant would be. Breaking this area although difficult would mean clear skies for the bulls. I'm currently looking for buys in this region with a stop loss outside of the pennant, the risk to reward ratio is too good to pass up.
That's also only considering the price action, this isn't considering the utility LINK brings to the table. I won't go into too much detail here, but in summary, it facilitates the transfer of data between on-chain and off-chain smart contracts which is essential for real-world applications. If curious look into the relationship between PayPal and Chainlink. The long-term value of LINK is undeniable, I am very bullish.
Critical Situation on ChainLink ChartThe Crypto market is now suffering from an intense drop since Bitcoin fell down below 52K level. And now a huge Head and Shoulders pattern formed on the ChainLink weekly chart. The bullish and bearish scenarios depend on the very important key level at $15 - $16. If this support level breaks down the next important level to test will be around $10.6 and in case of losing this level the H&S pattern will be confirmed and the pattern projection will be around $3.9. In another bullish scenario, the first key level at $15 - $16 will be held and the price will bounce at this level so we can expect to test the two important resistances ahead in order to achieve higher targets at $76 and $110.
Chainlink (buy fear and sell euphoria)Chainlink currently looks very good, why? because the price is extremely attractive to me, buying at this level, what are the chances that you will be a loss in a year? very small, so long term without any fear can be bought
LINK incremental increaseLINK looks very good on the chart, the growth with slight fluctuations for a long time and no major corrections, this shows a strong position LINK
CHAINLINK WILL MAKE A 30% INCREASE OR MORE IN THE NEXT FEW WEEKSBINANCE:LINKUSDT finally broke resistance and it looks like it is now treating it as a level of support which is a great bullish confirmation. From here on we have a LONG opportunity of at least 30% until the next resistance level is reached, as shown on the chart.
Good luck,
Your Ganbu
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LINKUSDT downward trend is over, Nov 2Chainlink downward trend is over
It's better to buy after it breaks $32 static resistance level if you want to.
A pullback might happen or might not anyway I expect it another Higher High to happen.
There are three resistances on the way, $52 level is the most important one.
LINKBTC Falling Wedge IdeaAn idea for LINK on the BTC pair
Price is currently forming a falling wedge
This is a pattern that tends to break out to the upside after completing
Demonstrated by 1,2
LINK is Super Bullish! (Ready to recover)After a long drop from $52 to $13 a few months ago, LINK's recovery is finally looking promising as it begins to ascend within the upward channel. Expect LINK to have micro pull-backs as it marks up, but I believe we can expect it to mark up in the short term and over the next coming months. This is not trading advice and yes I do HODL Link.
Please do not risk what you can't afford to lose. Happy trading!
LINKBTC in STRONG support zoneLINKBTC in clear support area.
Link whales have been accumulating on dips, with huge accumulation prior to the partnership announcement with Cardano at the end of September.
The structure of this is quite clear, note also the RSI - In this scenario ideally, a bounce on support line (for the 8th time this year) and a break of trend for some real rocket fuel, there is however small potential of a drop below into the 'underground' demand zone as we wait for BTC.D dominance to fall.
Its a cheap, solid project, and is gonna be on the upward move soon.
Patient hands and bargain hunters will be rewarded.
