Chainlink bounced off the top of the Resistance Zone at $20.00 and is threatening to break out. Is this a situation that calls for a long or a short? How do we trade this? 🤔 Never long in a Resistance Zone! But also, don't short prematurely. I believe LINK will make an attempt to break out of the Resistance Zone, but we need confirmation of the break before we...
Chainlink slammed into the Resistance Zone after a beautifully executed measured move up. We're now in a minor pullback hovering just below resistance. Should we enter a trade here? How do we trade this? This is not the right moment to enter a trade. The price action screams bullish; A measured move up, showing support on the 30EMA, RSI around 50.00 with plenty...
ChainLink should drop its ball and chain to escape from the current sidewards movement in favor of the expected ascent. From the low of wave (ii) in blue, the altcoin should head for the resistance at $9.50 and surmount this mark to develop wave (iii) in blue. The subsequent countermovement of wave (iv) in blue should happen above this level as well. However,...
#Chainlink #Link 15 Min chart Demand and Supply Levels. Bullish Supply Range ( Go Long) - USD 7.20/- to USD 7.27/- (Blue Circle in Image) Bearish Supply Range ( Go Short) - USD 7.51/- to USD 7.47/- (Red Circle in Image) #Chainlink #Link #cryptocurrency #cryptocurrencies #crypto Suggested Move - (Go Long) - USD 7.20/- to USD 7.27/- range
Updated the Chainlink count WXY correction pattern for a 4th wave and now we are into the 5th wave to the downside I think is already finished 3rd subwave of the 5th wave. I am expecting a 4th subwave corrective move to .the upside and than last 5th subwave and I think we will see soon the bottom. Also this days I caught good trades on this move to the...
Chainlink has felt the bearish pressure from throughout the market, we came all the way down to about 13.42 at our 0 FIB level but have since made a strong recovery to the upside! We are currently trading inside of a bullish triangle with a forced breakout happening in aprx 3 days, this means if we don't see a breakout in the next couple days we will be forced...
Another coin that i am looking to add more of is my favorite project.. Chainlink, we are coming down towards our 0.2 FIB level and we are given the chance to get a bullish bounce here. We have tons of support underneath of our price action with uptrend support coming in from our previous low, support at our current spot of 24.31$, 20.67$ support and we have strong...
Chainlink forming a head and shoulders pattern testing resistance a few times and is projected to hit $22-$23 before retracing back down to $15 area. At which point things look like we are going for new ATH .
Hello friends, today you can review the technical analysis idea on a 4H linear scale chart for Chainlink (LINKUSD), a cryptocurrency. The chart is self-explanatory. This is a short-term chart with two bullish patterns (Descending Channel and Double Bottom Pattern) showing potential for upside. Though bullish, volume has dropped and Chainlink may be dependent on...
Little update from our Chainlink TA yesterday! we are flying outperforming tons of coins all around the market and we are taking out some important levels on the way, we are currently sitting above a key resistance level at aprx 26.5$, the definite goal here is going to be a daily close above this level adding to our already big momentum! Our bollinger bands are...
Chainlink has been performing great compared to a lot of coins recently and we have broken out of this bullish triangle with ease, We had a false breakout to the downside which would have crushed a lot of traders. On top of us breaking through this level we also brokethrough a key level that is.. the 0.2FIB level, what im looking for tonight is a second daily...
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...
Taking a look at the king of decentralized oracle networks.. LINK, i noticed we were making some nice progression to the upside from below our 0.2 FIB after breaking out beautifully out of the descending channel, we pushed all the way up and strongly closed above the 0.2 FIB, then as always BTC decided to crash the party (LINK marines joke) none the less Bitcoin...
Hello friends, as many of you know, I enjoy writing an in-depth analysis along with my chart. Though I want to do that with every chart I show, I don't have the chance to show more charts as it takes time writing out the analysis. So moving forward, you will see me mix up the charts with in-depth analysis as well as short analysis. I hope you understand and...
Chainlink has been moving to the upside very solid since late september, we have been respecting for the most part this ascending channel and we are now looking like we are ready for a breakout of this bullish triangle, we are pushing slightly above the top of the triangle which is also the 0.5 FIB level, a daily close above here will be very bullish for LINK and...
ChainLink is moving in a clear channel. Just wait for a clear rejection from the bottom of channel.
Chainlink has been starting to push up once again off of our lows at almost 21$(USD) we are seeing a strong push upwards within a bullish triangle and we are seeing a strong hold on our bottom support of this triangle. Slightly above the top side of the bullish triangle we have been getting rejected off of the pivot point, we have had a total of 10 wicks and...
Chainlink has been showing tons of strength recently outperforming tons of projects and we have taken out some key levels that we're very needed, before we jump into this always remember BTC is a huge factor when it comes to the rest of the market and can easily void this TA. First looking at the pivot points as you can see we have sliced right through R1...