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Chainlinkusd

LINKBUSD 4H price projection - Following the main upward trendTechnical analysis regarding the price of CHAINLINK in relation of dollar Binance for the next scenarios, based on 4h movement. The price has been following the main price trend, which is strong! Making its waves of impulse and correction (Theory of waves by Raulph Nelson Elliott) and, it is respecting the neutral line of Fibonacci until the moment. Using pure PRICE ACTION, only with price movement analysis, I can design such channels to obtain the levels where the price will ~ in my perception ~ reach in the next moments. disclaimer *** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
LLong
by luizhcruz
2
LINK-4h. The critical point is $ $22.3-22.8 and falling to $17.Three attempts to break the range of $22.3-22.8 , which buyers made in the period from 16 to 19 January did not work . It was this range that did not allow the LINK price to accelerate the trend and gain a kept above the white growth channel. Thus, the LINK market has stopped consolidating, and now the price is trying to re-test the range of $22.3-22.8. On January 19, low-volume buyers tried to take control of the range. However, the attack ended in a failed high and a local prices reversal. If this scenario is repeated and buyers do not increase aggression - the $20.3 mark will be threatened. Having lost it, buyers will be forced to retreat to the range of $17-18. Globally, the correction can be much deeper. Check out our global LINK idea: If Buyers can take contro l of the range of $22.3-22.8 - after fixing the price, the next target is $28.5. ____________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
7
Chainlink Continues to Gain MomentumDecentralized oracles token Chainlink continues to gain momentum now that its price has reached new all-time highs. LINK/USD has doubled in the past few weeks. We have been highlighting the possibility of another leg up after the recent price consolidation. LINK/USD broke through the 100 day SMA in early January and has not looked back. The Relative Strength Index (RSI) is 18% below where it was in mid-August 2020 so we may have some room to run. RSI confirmed its bullish trend on 11 January last as it crossed the 50 mark. Stochastics is still bullish as it heads into overbought territory. MACD turned positive at the turn of the year and looks over-extended relative to it's one year price history displayed. LINK/USD is trading at $23, well above the 8 day EMA ($19.83) which is around the level of the highs reached last August 2020, therefore providing short-term support. The 100 day SMA currently lies at $13.11.
KRAKEN:LINKUSDLong
by rzinho
LINK 12h Historical high is close, what will happen next?For 4 months, the LINKUSDT price has been moving upward in the channel. Of course, there was one flow by $8, either to work out our idea )) or to knock out the longists. But the fact is that without extra passengers, upward, it became easier for the locomotive to move. Now the LINKUSD price is approaching the important $19-20 zone , which is very close to ATH. And here we need to carefully monitor how the price movement will be controlled: If the price consolidates below the level of $19, then no doubt they are preparing for a breakout upward, and there the targets are: $20 and $22.5 soon. If there is a sufficiently strong rebound down from $19, and buyers will not buy it back, then thoughts will creep in that they are forming something like a "double top" or "Adam and Eve". At least preliminarily, some conditions are already met: - the first top is sharp from the spikes and with high volumes - the second top is flatter, U-shaped, with low volumes - the difference between the tops is not more than 5%. In any case, you need to closely monitor the market and select coins, especially when prices are near historical highs. And you need to trade for the trend, not for wishlist. It's also worth noting that Link is very sensitive to BTC flows. Good luck to all of us) _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
2