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Chainlinklong

LINKETH - Sat on a Critical Level, Can We Break Upward by 10%?We've got a pretty strong Buy signal from Crypto Tipster v2 today - looking at the chart it would appear we're currently sat right on a critical pivot point, the market could choose to go either way from here, or even consolidate for a short while too! Based on the recent rebound off support @ 416 and breaking through the next level of resistance above that, we're staying positive on Chainlink for now and predicting gains of around 10% over the next few weeks to one month. If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
Long
by theCrypster
6
#LINKETH - 35% Rise Coming Off SupporttheCrypster - A slowly closing wedge and plenty of profitable trades from top to bottom within #LINK - that's what we've had for numerous months so far; here we go again! We're currently sat right on the lower edge of support and have received a good Buy signal from CTv2, we can see #CHAINLINK increasing somewhere between 30%-40% to the upper edge of resistance. If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
Long
by theCrypster
14
#btcstarburst Chainlink Is Staking the Catalyst?Mentioned The CHAINLINK many times. It has lots going on… What is an oracle? Basically a bridge from the real world to the crypto world/blockchain. (Blockchain oracles are entities that connect blockchains to external systems, thereby enabling smart contracts to execute based upon inputs and outputs from the real world. ). Chainlink is building at a rapid pace and announced STAKING… STAKING… STAKING yes i said that 3 time so regardless of price action now. Long term it will probably be outpace most projects like it… this is just a gan Stud DCA safely
BINANCE:LINKUSD
by Jonnycatx
2
Chainlink Update!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 looking fantastic as i talked about yesterday, we closed ontop of the top band and in turn our price action has shot straight up, continuing this tonight is going to be big, if we can manage to close our daily again on the top band we could see another day like we are today! We will almost 100% be sending price action right through the important 0.3 FIB retracement level. The squeeze momentum indicator shows us that we are in a clear bullish squeeze and with another increased bar today we are entering the explosive squeeze release portion of this indicator shown by the black crosses turning white, this is the last sort of pump in this indicator before usually fading back down, but even if we do come back down towards the midline we definitely still have the chance to extend the cycle as shown by the previous long drawn out red cycle! In comparison we are not even a quarter of the length the last red cycle lasted, so keep that in mind! Not financial advice just my opinion!
COINBASE:LINKUSDLong
by JacobR905
Chainlink Ready for Takeoff!!?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 has dragged down majority of strong cap coins including ethereum. We are still looking bullish on our daily timeframe here, we are trading inside of a bullish triangle that we have respected all the way through, this pattern historically plays out to the upside hence the bullish triangle name, now keep in mind this pattern can be invalidated if Bitcoin decides to keep falling in turn dragging the market down along with it. We could see this pattern continue to play out over the next week before we reach that apex point but if BTC can settle down i would be confident to say LINK will breakout sooner than a week. the bollinger bands look pretty good we are still in the upper half an the midline is bringing us support right below the bottom of this bull triangle, we almost had multiple closes right ontop of the top band which couldve sent us flying to the upside, but the goal for us now would be too hold this triangle and bounce to the upside where we have that chance of grabbing the top band. On the RSI we are looking a lot better than majority of large cap coins, we had a push up and above the important midline and if BTC didn't drop we would likely be looking at another confirmed uptrend, the good sign is that we are fast approaching the yellow SMA support line where would could definitely see a bounce! The squeeze momentum indicator looks good we are on our 4th increased green bar which points to a bullish squeeze, the only problem here is that it is likely we are going to see a decreased green candle after our daily close, this could invalidate the current bull squeeze but we will still have chance to make an increased green bar the following day, this will be crucial for returning to our bullish squeeze and then eventually the squeeze release which could send price action flying!
COINBASE:LINKUSDLong
by JacobR905
LINK - at weekly support, showing some bullish signsThe current CoinMarketCap ranking is #21, with a market cap of just $10,000,000,000 USD. We all remember famous chainlink run from 0.5$ to 50$, but after it LINK enter into long consolidation. Considering CMC ranking and M.Cap od just 10 Billion (for example, at the same time DOGE is at 22 Billion) LINK should reach 50 Billion at least in Q1-Q2 next year. Price action created big triangle with clear support (15-19$) which held pretty well few times. Notice barely visible hidden bullish divergence on RSI and Stoch RSI oversold condition (yes, it can stay oversold for some time, but it is sign that bottom is somewhere around the corner). Watch for Anchored VWAP dynamic supports (from bottom which is great area for buy orders and other from top, which when broken will indicate bullish sentiment and probable ATH retest). Don't forget about upper boundary, but considering current market condition, I wouldn't be surprised if Anchored VWAP comes to upper boundary (Q1 2022). Just to reach previous ATH, gain would be 150%. Risk/reward looks very favorable in my opinion.
Long
by Philippe_0x
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.
COINBASE:LINKUSDLong
by sachu_blessyou
2