Chainlinkusd
New ATH LINK and possible new support at USD45,-New all time high, will probably find resistance at 45. After corrections might drop to 41 and rise to 50 within a short time. What do you think?
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: Weekly Analysis May 2nd, 2021Check out my weekly analysis for Chainlink.
Note: I currently do not own any Chainlink
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!
Chainlink: Weekly Analysis April 25th, 2021Check out my weekly analysis for Chainlink.
Note: I currently do not own any Chainlink
LINK/BTC potenial accumulation zoneLINK/BTC
0.0004 area is a potenial accumulation for LINK / BTC pair
If you are patient enough i think this will give nice return for coming weeks or months
trendline support should on weekly TF for continuation
If you see my ideas help you in trading or learning press like & comment & follow
Good luck
Chainlink Bull Flag!Link has recently exploded up creating a new ATH and now forming a bull flag. I believe we are only at the start of altseason and there is going to be many more explosive moves to come! We have regained our long term ascending channel to continuing our push up, the EMA ribbons we're getting pressed and condensed recently but are now starting to really open up showing we have lots of bullish momentum! The RSI was slightly overbought but now is coming back down into our neutral zone due to the past 3 days of slightly down sideways action. Last our zero lag MACD has reversed bullish and i expect us to see some upwards movement today or tomorrow! We have a good chance of pushing right through that ATH and into price discovery mode, the ATH resistance is already fairly weak and already has been tested twice! NFA just my opinion
$LINK heavily suppressed... but not for much longer...$LINK looks ready for a nice move up to the $50+ level in the next coming weeks. Chainlink is working heavily with many big players in this space and its only a matter of time before it reaches $1000, I believe it will have a 2017 ethereum like rally this year.
Short/Mid term target: $50 by May
Long term target $500 by October
Moon Mission Target $1000 End of Year
Send it to the moon yall!
Disclaimer: I am not a financial advisor, I hold $LINK and am bias, please do you own research!
note / tip for new people in the space : consider watching some chico crypto videos on youtube, hands down best content in the space at the moment, peace yall, will update as we move up!
Link same like Ethereum If we get good entry it's a nice trade with more upside potential than ETH.
Sundays are since weeks big dumps. It was good entry points.
Chainlink TradeThe weekly candle here broke the all-time high, so I decided to go long on this breakout, because this candle signals a lot of bullish strength and the trend in all of its trend types is up. Here I enter long with a stop at -30% R / R 1/3 but I don't set price targets, only time targets, I would say within 2/4 months. Further updates coming soon.
If you liked this analysis and you want to help me improve and continue in my work, donate to this address:
0xD36Fa870d1daef582c1bCb9FeEdA06c9a4aECC8f
ChainLink $LINKUSD Long Term Target PTs 70-150 and higherLINK/USDT
The bulls have propelled Chainlink (LINK) above the $36.93 overhead resistance today, indicating the resumption of the uptrend. If the bulls can sustain the price above $36.93, the altcoin could continue its march toward $50.
The 20-day EMA ($32) has turned up and the RSI has risen above 65, suggesting the bulls are back in the driver’s seat.
However, if the bulls fail to sustain the price above the $36.93 level, then it will indicate aggressive selling by the bears at higher levels. That could result in a drop to the 20-day EMA. A strong rebound off this level will suggest the sentiment remains positive.
Conversely, if the bears sink the LINK/USDT pair below the 20-day EMA, it will suggest that the current breakout was a bull trap.
Link Buy break of recent ATH!LINKUSDT - Intraday - We look to Buy a break of 38.08 (stop at 36.68)
Daily signals are bullish.
Price action resulted in a new all-time high at 37.98.
A break of 38.00 is needed to confirm follow through bullish momentum. W
e look for gains to be extended today.
The early dip was bought into.
Our outlook is bullish.
Our profit targets will be 42.88 and 44.68
Resistance: 38.00 / 40.00 / 42.00
Support: 37.00 / 35.00 / 33.00
Next Expected Moves of CHAINLINK | LINK-USDwe can expected this bullish move in Chainlink in coming days. This looks pretty bullish from here after small correction.
Chainlink $LINKUSDT Target PTs 35-100 long term Chainlink Price Forecast: LINK primed for a 30% advance
Chainlink price struggling with short-term resistance at $32.00.
Whale transaction count registered a spike on April 2.
Topside trendline comes into play around $42.40.
Chainlink price trended sideways for more than a month and on below-average volume every day, but one. The price action in mid-February, early March, and now point to $32.00 being a psychologically important level. If the level is overcome, the altcoin should rally more than 30% in the coming days.
Chainlink price bottoming out versus Bitcoin
Data from ByBt.com shows that Grayscale bought 115,570 tokens for the Grayscale Trust from March 17 until April 1, which included a large 65,570 purchase last Thursday. Heavy buying like that gets the attention of market participants and may have been behind the 8% on April 2.
Santiment data showed that the number of mid and large holders owning 100-100k LINK tokens notably accumulated during March. Additionally, the so-called whales holding 100,000 to 1,000,000 LINK tokens increased 6% from April 1 - April 3.
The March high was $32.00, and that is the level that LINK has been struggling with over the last few days. A trade above $33.15 will confirm the April 2 breakout and set the stage for a quick advance to the February high at $36.92. The next target is the 2.618 Fibonacci extension of the August 2020-September correction at $40.53.
A 33% gain would accompany a rally to the topside trendline at $42.51, which was resistance at the February high and resulted in a rapid 40% decline. For now, LINK should not be reviewed as a trend trade but a short-term opportunity.
The first level of support is at the intersection of the rising trendline and the 50-day simple moving average (SMA) at $24.83, followed by the February 23 low at $21.00. The last gasp support level is the August 2020 high at $20.00.
