Chainlinkusd
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
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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.
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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.
Chainlink: Sellers Got SmokedSo the sellers were only able to take price down to 23.75 on March 24th.
Then price went up to the 21 day EMA and went right through it going
up to test the resistance around 31.00.
This has challenged many of the sellers with short positions and now many of them have
bailed out. When I saw this, I personally went long on April 4th buying Chainlink at a price around $30.63.
The weekly chart looks very bullish which also gave me more reason to go long
somewhat close to resistance.
On April 4th, the daily chart printed a churn bar which is a cyan color on this chart. This
indicates big players stepped in. Price went above the high of this bar on April 5th and 6th which
indicates there was enough demand and supply was bought up. This indicates prices will go higher
for the time being and most likely will test the high of 36.92.
We'll see what tomorrow's bar brings!
Possible head and shoulders pattern in CHAINLINKCHAINLINK is in an ascending channel since early 2021
After reaching a new ATH , LINK got stuck between 2 support and resistance zone (32$ and 24$)
There is a possible head and shoulders pattern if approved we will see a retracement move to the bottom of the channel
1st target would be about 26.5$
Chainlink (LINK) to test previous ATH and Beyond 54% GainUpdate 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
BULLISH AND BEARISH ARGUMENTS FOR CHAINLINK - CryptoManiac101CHAINLINK / USD TA
BULLISH CASE
Chainlink is in a symmetrical triangular pattern, otherwise known as a bullish pennant which in over 75% of the cases results in a bullish pump upon confirmed breakout. This would be a good longing zone while LINK is bouncing around in the 'No man's land' and we are waiting for confirmation of BULL or BEAR break.
BEARISH CASE
Chainlink is in the similar pattern as it was back in August - September of last year which results in a nice dump followed by a 4-5 month accumulation before further pump. In this case if we were basing this trade solely based off fractals, we would be entering a short position here and adding on top of it as we get confirmation for downward break.
Chain-link idea Idea for LINKUSD
Believe we will see another 200% move upwards after a rest period that we have been seeing
Using spirals to identify strongest trend within price structure
I think LINK will be a big one
LINK usdt - rise to the 1 day resistanceStrong performance from chainlink.
Trendline is holding against the EMA.
Buy volumes are healthy too at this pricepoint.
Expect it to smash the 1 day resistance soon.
Chainlink several bullish signals! Parabolic?Hi Traders!
We are looking at the one day graph of link/usd ..
We can see a MACD Cross whereby the fast line has crossed the slow line, which is indicating a shift in momentum. Bullish in this case.
Furthermore, we can see a bullish engulfing candlestick candle on 29-03-2021. The previous bullish engulfing pattern dates from 01-01-2021, which resulted in a rally of nearly 2 months.
Beside the previous, we can also see a double bottom which indicates a change in trend and a momentum reversal from prior leading price action. Bullish in this case.
In our previous analysis about Chainlink (1 hour graph), we spotted a cup and handle which also is a bullish signa l.
However, yesterday I got me some new pair of shoes. Now I noticed that a lot of people are wearing the same shoes. Or was it the other way around?
This is not financial advice , I am not a financial advisor.
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Looking for LINK to breakout!For half a month now link has been trading mostly sideways creating a wedge, we are currently looking good sitting above our 0.3 FIB level and approaching the apex of our wedge. I think links time is coming i believe we will see a big breakout of the wedge to start the journey back up. Our MACD has crossed bullish and doesn't look like we are going to see a reversal as of now. We also want to watch our RSI and it crossing the 50. point line signaling a clear uptrend! we are currently sitting just below this point. The Stoch RSI is looking great we are bullish and only sitting in the middle of the neutral area. I see a lot a people getting upset that link isn't moving much but all you have to do is look at its full chart to realize its one of the most steady growing, also look at the future aspect and realize long term what they are actually doing and providing technology wise, Its truly amazing! NFA just my opinion!
