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Chainlinkusd

LINK: CUP AND HANDLE confirmed, FALLING WEDGE formingHello Traders, We are looking at the 1 hour chart of Chainlink. As we can see, a cup and handle formation has formed which is considered a bullish signal. Furthermore, also a falling wedge is forming / has formed. Wedge patterns have a tendency to break in the opposite direction from the trend lines. Which makes this signal a: bullish/bearish b]leave your answer in the comment section! This is not financial advice, I am not a financial advisor. Click the like button and more ideas will follow. Thanks.
KRAKEN:LINKUSDLong
by Aroundthesun
1
Lot of reasons to like chainlink right now KRAKEN:LINKEUR OK marines, In my view there's a lot of factors lining up for Link to start its next leg. Now BTC please play nice! • Approaching middle of pitch fork which has acted as S/R in the past • Approaching prior highs which are also marked by the 1.0 fib extension which dates back to the highs of Feb 20 around $4.50 • Similar RSI to where we launched from at end of December I wouldn't mind if price came further down to the $20-22 area and filled out the wick from that crash low, but I think its a good time to start layering in on a swing trade long.
COINBASE:LINKUSDLong
by CwaveSurfer
1
Link Looking to rebound after closing daily on 0.2 FIBWe just closed todays candle on/above the 0.2 FIB and are currently sitting above it looking for a bit of a rebound, The stoch rsi is starting too bottom our in oversold and looks like we could be seeing a switch to bullish soon. our EMA ribbons have been pushing down a little bit obviously due to recent price action around the market, it doesn't look like we are seeing a twist at all just some downward movement. The Coppock Curve is getting real close to the bottom, indicating potentially some recovery soon. Bitcoin will move the market / altcoins so always keep an eye on BTC. NFA just my opinion.
COINBASE:LINKUSD
by JacobR905
2
Chainlink: Sellers Gain UpperhandSellers have now gained an upper hand over the buyers and we should now see price move down to support levels. There is about a 75% chance we are headed lower. The bar on March 20th was a low volume buy bar which was an indication buyers were losing steam and a possible reversal was now set. Price finally broke the low of the March 21st bar which was the last straw and now buyers are having to get out of their positions, especially after a triple test of the $31.39 resistance level. I expect price to go down and test the $26.50 resistance level and possibly even the $22 level or even lower. We'll see what the next few bars bring! Note: I got out of my long position on March 20th.
COINBASE:LINKUSDShort
by Steven7960
LINK big moves coming soonLink has been consolidating for some time now but has a habit of having huge breakouts even when the market is shaky, we are approaching the apex to our ascending wedge. Currently trading below our ascending channel after breaking through the 0.5 FIB level. the bollinger bands are really coming together and squeezing the candles hinting at a big move in the near future. I think tomorrow we could see a little more downside but i believe we are going to bounce off the bottom of our ascending wedge also the 0.3 FIB and come back up into the ascending channel. I say this also because the Stoch RSI is getting close to the oversold zone. I see us after that then going to break the top of the wedge and continue on the path of our channel. NFA just my opinion, also keep in mind BTC is a big factor for everything right now.
COINBASE:LINKUSDLong
by JacobR905
2
Looking for Link to hold support and continue upLinks had a good few recent attempts at breaking the 0.6 FIB level and currently we're trying to hold the 0.5 FIB + Ascending channel. Our Ichimoku cloud has turned bearish but it is actually pointing up, potential could reverse. The EMA ribbons are going sideways + showing no signs of twisting and turning bearish! The stoch RSI has flipped bearish so that is definitely something to keep an eye on, we are still around the neutral zone so we still could see some buys come in. Overall Link is going to follow bitcoin for now. NFA just my opinion.
COINBASE:LINKUSD
by JacobR905
💡Don't miss the great buy opportunity in LINKUSDTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (28.18). . 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 56. Take Profits: TP1= @ 31.86 TP2= @ 34.25 TP3= @ 37. 05 TP4= @ 41.00 TP5= @ 45.00 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 ❤️
Long
by ForecastCity
11
💡Don't miss the great buy opportunity in LINKUSDTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (28.18). . 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 56. Take Profits: TP1= @ 31.86 TP2= @ 34.25 TP3= @ 37. 05 TP4= @ 41.00 TP5= @ 45.00 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 ❤️
Long
by ForecastCity_World
32
Link trying to hold supportRight now Link is looking to hold the support its currently at, aswell as come back up into the ascending channel. If we can get a daily close above our support we are currently sitting at would give link the chance to climb back up into our ascending channel and ultimately higher in price, however, if we see a close below this support i can expect us to have a bit of a drop tomorrow again and possibly at most see that 12% drop. Going to be interesting as our stoch rsi is shooting straight down into the oversold zone. The ichimoku cloud has begun to really shrink and we could see it flip to bearish. EMA ribbons are going sideways as of right now but aren't showing any signs of twisting to bearish. Watch for the daily close as it can indicate a lot. Not financial advice just my opinion
COINBASE:LINKUSD
by JacobR905
Link Looking for a breakout of wedge!Chainlink looking bullish on the 4HR timeframe, we have been trading inside this wedge for a little bit now and currently looking like we are going to breakthrough the 0.5 FIB level, if we do i believe we are going to see nice upwards momentum as the next FIB level 0.6 is above of the wedge we are looking to breakout of. We are seeing the Bollinger bands starting to squeeze the candles hinting at a big move if they continue doing so, our Stoch RSI is starting to turn up and we are only around the middle of the neutral zone! Thinking we are likely to see a nice leg up for link in the coming days/week! Not financial advice just my opinion
BITSTAMP:LINKUSDLong
by JacobR905
5
looking for Chainlink to push back up to the 31$ resistanceBullish overall on link, little dip today after rejecting off resistance at 31$(usd) as I said in my last TA for Link we may see a rejection but i believe we would see another couple tries and ultimately a break of the 31$ resistance. we are still getting support from Ichimoku cloud and EMA ribbons! Stoch RSI is coming down from overbought back into neutral zone, i expect this dip to get bought back up and for us to return to the 31$ resistance and hopefully breakthrough!
COINBASE:LINKUSDLong
by JacobR905
Link pushing to break resistanceLink is on the push to break overhead resistance level, i think we will if not the first try maybe 2nd or 3rd consecutive try. We got the EMA ribbons pointing up with bullish momentum and ichimoku cloud ahead is big support and the Stoch RSI still has a little to go before being Over Bought, also we are trading above our middle line in the ascending channel as of right now. We will need to flip both overhead resistance levels to support to reach our ATH levels and beyond
COINBASE:LINKUSDLong
by JacobR905