Chainlinkusd
LINK 2 hour chartMay 28th is a big day for LINK! Expect a run up. I believe we need one more small consolidation before breaking this channel. All depends on where BTC lands, right now it's in a box on the hourly looking to head to 40k or break 45 and head back towards 50.
This is my first crypto chart, let me know what you think!
LINKUSD Back to Objectives before Panic SellingLINK seems decided to go back to the goals of before panic selling,
my Marketmiracle advisor generated two input signals for the Chainlink around 44 USD with 55.70 target
Analyzing graphically the graph would seem to actually be the typical features of an upside down head shoulders with that price target.
You can follow my advisor’s real-time signals to marketmiracleadvisor.com is a free service and does not require any type of registration.
Link Ready To Explode!!Chainlink was cruising at ATH's about a week ago and has since been feeling this market correction, good news though Link has found very strong support, both uptrend support and accumulation support. The important thing is Link continues to make higher lows on a longer TF. I am bullish on Link, Defi and altcoins. We also have good support coming from the RSI higher lows aswell, would be very key to see a push above the 50. point like we saw on the second highest low, just below the 50. then we shoot back up. Now saying that remember everyone is watching BTC as the market will follow. The MACD i think is starting to look very bullish with the red lead bottoming out and slowly curving back up, and the blue MA is getting closer to the orange, hoping to see a bullish flip and a big swing up. Also the ascending channel looks very familiar to what we saw April 15 Aprx. Big swing down out of the channel creating a higher low and finding support then to afterwards shoot back up creating a new ATH! Not financial advice just my opinion! Also check out my NFT work on rarible, have a fire artists album cover dropping soon! rarible.com
Link, ChainLink - 2 entry points. Look where...The first, I wanna congratulate everyone who opened position at 35$ and earned more than 25%. I gave this idea on April 29.
The second, now I see 2 entry points for u. If price continue dropping, It will be a good entry near to the key level with small SL. And on other hand, if price starts squeezing near to resistance line, it will be great breakout pattern to buy. Set alerts and wait for your moment. And don't forget about using stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Chainlink (LINK) to test ATH and Beyond 54% Gain: Update Chainlink (LINK) to test ATH and Beyond 54% Gain: Update 07/05/21
58% Gain from Buy Zone 2. Next Stop $57 @ 161.80% Fibonacci extension, 18% Gain from the current price level @ $48. See previous analysis below. Happy Trading :)
Chainlink (LINK) Update: 44% Gained, 10% to New ATH @ 161.80% Fibonacci Level. See previous analysis below. Happy Trading :) Next stop $47 for $LINK
Update from 05 /04/21: Chainlink (LINK) to test previous ATH and Beyond 54% Gain to 161.80% Fibonacci level @ $47. Since reaching a new ATH on the 20th February @ $36.84 Link has been consolidating in this range between 61.80% and 23.60% Fibonacci level ($30 to $24) showing significant profit takers in the market as we have seen the bulls try to push the price above the 61.80% Fibonacci level and failing to break past this key resistance level 3 times over the past 42 days. On the 29th March our Swing Call script triggered a strong buy signal just above the 38.20% Fibonacci level and we actually saw the price push past the key area of resistance for the first time since setting the new ATH . Since then we have retraced back down touching the 50 SMA (a clear fake out from LINK). From here we expect another test of the 50 SMA before the LINK can truly break out of this key area of resistance to push past the 78.60% Fibonacci level and a test of the previous ATH which we can expect to be tested @ $36.84. This run from LINK has been long awaited with a lot of solid fundamental news around the project. If we see a break above $33 we can expect a probable 54% Gain to the 161.80% Fibonacci level and our price target of $47. Be patient, wait for further confirmation from price action, use buy zone to map out your buys whether you are already in LINK and want to DCA or are planning to make an entry. Happy trading :) $LINK
LINK , Nice Profits After My CallLINK / BTC
amazing profits on LINK against BTC after my call in 28 march giving us around 95% Profits 💵
(original idea attached below)
Now link hit strong resistance line ..here we should take profits 50-80% at least and let rest to run ..if it could flip this line it will moon more !
Dont forget to like our ideas for another good calls
💡Don't miss the great buy opportunity in LINKUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (44.440).
. if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. LINKUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 55.000
TP2= @ 66.000
TP3= @ 77.000
TP4= @ 88.000
TP5= @ 99.000
SL= Break below S2
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💡Don't miss the great buy opportunity in LINKUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (44.440).
. if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. LINKUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 72.
Take Profits:
TP1= @ 55.000
TP2= @ 66.000
TP3= @ 77.000
TP4= @ 88.000
TP5= @ 99.000
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 ❤️
Chainlink cup and handle pattern! Hi,
We are looking at the 4 hour chart of chainlink.
Remember, the wish is the father of the thought.
With imagination, we could see a cup and handle pattern.
In combination with strong fundamentals, this could be fun to watch.
This is not financial advice, I am not a financial advisor.
Share your thoughts in the comments section.
And press like if you like !
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 !!!
Link ready to keep pushing up!!Chainlink has been following alongside the market mostly ETH and BTC and we had a bit of a correction but we looked primed and ready for a big upswing! We are currently looking to break the 0.3 FIB Level and it would be ideal for us to get a nice close above it tonight! Our zero lag MACD seems like we are about to see a confirmed reversal! our red MA is reversing and now coming back up and i am looking for our blue and orange to get that confirmed flip to bullish! We had a slight downtrend dip on our RSI and we are currently looking to break that 50. point to get the confirmed uptrend! I think LINK is a very solid hold for sure and i believe we are going to see strong upwards movement soon, remember almost every coin is following ETH and BTC so gauge those aswell! NFA just my opinion!