LINKUSDT about to make a run for ATH? Levels to watch.It can be argued that we are seeing a breakout and re-test setup for this pair. If we work under that premise, it's reasonable to to expect a subsequent test of the 19.00 levels for a new ATH attempt. But only if 15.80 holds. Otherwise, more sideways to down are likely.
Looking for a strong bullish close in today's candle.
Chainlinkusd
The missing linkChainlink has lagged some of the other names in the space but it could be next to see highs. Given yesterday breakout above the smaller weekly range/rectangle price might be headed toward 20. The breakout trade buy range is here or lower- green rectangle. The stop is 14 area below todays low.
LINKUSD: It is all there for the display. Only up.LINKUSD is coiling up since July 2020. Roughly half an year now and the volume has not been so bad since its ATH.
On the daily, RSI is mid way and balanced at around 44 and the histogram is about to flip to the positive side.
It appears that it is ready to make the stronger move towards upside.
I would expect it to break $ 15 by mid Jan and move upwards towards around $25 to $28.
It appears that we now have a good entry point at around $11 - $12.
DOTUSD broke its all time high yesterday was in a similar situation.
Considering that it is only BTC that is moving up for so long now with only few alts keeping up would say some of that money and profits will certainly move towards alts especially the ones that are not paid attention on. LINK is one such crypto that hasn't made anything major to grab the headlines and possibly the time soon.
Also, given that LINK sprung into the top 10 spot in a BTC bear market, it would not be surprising now when BTCUSD is cooling off.
Good luck, Happy trading.
And one more thing ,this analysis is just my opinion on the market considering the technical hints provided by the market movement and not to be considered as any form of investment advice.
Thank you.
Chainlink's next expected moves!Today we look at our current trend and where we might be headed. As you can see, our red circles show us the start of our down-trends, while our yellow circles show us the start of our up-trends. As you can see, it is my belief that we have just entered into a new up-trend channel. As long as Bitcoin can hold bullish levels and doesn't not have a large 20-30% correction, I believe, alts can really start moving in the coming days/weeks. Thanks so much all.
Chainlink - The Uptrend Continues.Chainlink reached an all-time high of $20 on 16 August 2020 before seeing a contraction in price down to $7.30 on 23 September. The price has spent the past few months recovering from the lows and most importantly found support at the 200 day moving average price. $LINK has consolidated in that area for the past two week before a bullish resurgence on 01 January.
Chainlink's price is now trading above both the 30 day exponential moving average (EMA) and the 200 day simple moving average (SMA) which is rising steadily.
MACD has turned bullish and the RSI sits at 54.11 in positive territory confirming the bullish sentiment.
Q1 - 2021 CHAINLINK Breakout Price Projection LINK This move is based on a log scale of our summer 2020 move up and assumes we break out in January/February. Price would put us right around $30 in March-April. Stay level headed and be ready to blast off. Buckle up! $LINK #Chainlink #Crypto #cryptocurrency.
Potential CHAINLINK Macro-Trend Bull Flag Forming!If we zoom out to the weekly chart of LINK / USD, we can see we could be forming the end of a HUGE BULL FLAG! If this is true, we are going to have one hell of a ride up next year! We need a clear breakthrough of that top trendline and hold as support. Then its ATH moon time. Stop listening to the news, and looks at the truth in the charts happening right in front of your eyes!
LINKUSDT, time to invest in chainlink. Long to 17.5 and upper.Hi friends like i foresaw in previous idea chainlink falled to 11 and lower. But from 8.3 to 11 we got strong purcheses. And for this time nothing from them are sold. So i think its long to 17.5 and 20.0 in near time. Levels thanks to x-lines indicator.
LINK 6h Will it have another chance of tasty purchases?Although with a delay and a little with trading nerves, but still, we got the long-awaited LINK per $8.80 from the previous global idea . A low is $8.05.
Our entire series of LINK ideas are attached below. We invite you to familiarize yourself with how they worked out.
What can we expect from the LINKUSDT pair now?
The rise in value above $11.56 is almost unrealistic in the near future.
Though, there is a positive . The circled flow was very voluminous and someone bought very tasty, who placed buy orders where necessary.
And if this "someone who bought" is a serious man, now we can expect once again a smooth descent of the LINK price, but not lower than $8.80. Then we can hope for a second, more decisive rebound.
If there is no strong buyer for $8.80, there will be no volumes, then the fall will continue to the range of $7 .
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