LINK inside a falling wedge#LINKUSDT
$LINK is trading inside a falling wedge, that is a bullish pattern. I think it is possible to touch the lower line of wedge around the daily support zone then break out from wedge. but it is not out of mind that break out in this swing high. keep eye on it, after the break out #LIKN price can increase as high as the blue line.
Chainlinkusdt
🔗$Link Big Move Up Soon!?Chainlink ($LINK) is suspected to make a big move upward soon supported by another beautiful cup and handle formation on the daily.
A Golden cross is also occurring and the fact that the MACD shows bright pink histograms signaling a decrease in selling momentum
, which confirms a significant move upward is on the horizon. Conservative Breakout target $52.94
Are you ready #LinkMarines?
LINKUSD Similar pointsSimilar falling wedges
Making the assumption of the same %increase the price nearly hits $100 !
Falling wedges are a very bullish pattern
LINK 5X INCOMING!Elliot waves;
1. 5 impulse waves done.
2. 3 Corrective wave, making wave B a bulltrap and creating a new ATH (2021May).
3. For trading strategy, I expect there will be a small correction in October to create a higher low(smart money entrance) before straight to the moon.
Fib extension:
1. Third impulse wave ATH 2020 = Fib 4.6
2. Bull trap wave B touching upper channel creating ATH 2021 = Fib 2.6
3. Next impulse wave Fib 2.6 intersect with upper channel will be a good TP at ($130) early 2022?.
MACD shows momentum strongly increased waiting for the ignition of fuel in a rocket propulsion to smashing the atmospheres.
LINK BULL RUN $130 IS BEARISH?
I wanna see what do you think in a comment below.
Happy trading!
💥LINK LIKELY MOVE- TO FALL TO $21 & RISE BY 50% TO $32Please support this idea with a LIKE👍 if you find it useful🥳
We have right here the inverted H & S in play. The left shoulder and the right shoulder has completed it's formation. Once price hit the neckline at $26.4 and fails to break it.
Then, I expect a reverse to $21 to complete the right shoulder. And once price breaks the neckline at $25.50 - $26.40, I expect a rise to $32.
What do you think?
Share your opinion in the comment section✍️
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Happy Trading💰🥳🤗
Chainlink Link/usdt shortCrypto market has been rising for 11/12 days without taking a break,so it is likely a small pullback before rising again.The price got rejected by EMA200, RSI is almost at oversold area and the price is at the top of the bollinger bands.It is possible to set a short position with a entry near the top of the wicks of the last 3 daily candles and a stop loss above EMA200 that is acting as a resistance.
Chainlink: several bullish patterns Hi Traders,
Start by pressing like.
We are looking at the 1 hour chart of LINK/USDT.
13$ served as a good support level.
Chainlink's largest event of the year is scheduled to run from august 5th to august 7th.
Good news could push the price to $25, $28 and $30 range.
On the other side, the (potential) good news could already be priced in.
MAC-D indicator: waiting for a trigger which will likely happen. It could be a good gamble to buy chainlink.
Also, the price range around $50 is still "fresh" in the minds of the masses. A breakout of BTC en ETH could trigger chainlink (retail) investors pushing the price back to the $50 range. However, let's be aware of recency bias.
Leave a comment en press the like button if you haven't done already.
Have a good one.
[UPDATE LINK] CHAINLINK 130-180$ for the last wave. 100% !!!WIth this analysis I applied:
1) ELLIOT WAVES
2) Fibonacci trendline extension
3) Lengthening theory
Why am I sure Link is going to go up (together with other strong tokens)? For the following 3 reasons:
1) BOLLINGER BANDS: Bollinger band indicator on the weekly flashed green
2) BULLBEAR TREND: Bullbear trend is still strong and will flash BUY soon
3) TRACK RECORDS: LNK has dropped 80% in this wave and in the past ones.
My prediction price is between 130$ and 180$ for mid 2022.
Chain link Falling Wedge Idea within a formidable channelWe can see that chain link has been inside of a rising channel from the beginning of it being listed. This being the solid asset it is, it reminds me of the movements the SPY or DJI mimic on the charts.
As we can see in this chart, not only has Link broken out of the falling wedge but, is also at the bottom of the multi year channel. I have listed the trade set up prices on the chart so we may be able to easily see them. I do see this coin going higher and touching the top of the channel or possibly breaking the top once the euphoria kicks back in however, we need to assure Bitcoin stays far out of the “fackery zone” with the obvious manipulations that has ascended upon us.
Have a green week folks!
CHAINLINK BOUNCING OFF CHANNEL SUPPORT, RETEST CHANNEL TOP @$20?CHAINLINK (LINKUSDT) is bouncing off of channel trendline support. This is the first test of the trendline support. If price reacts similarly to how price reacted when it tested channel trendline resistance, then price might go up to trendline resistance at $20. If price breaks trendline support @ $17, then price can quickly fall down to horizontal support @ $15.
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LINK is out and ready for riseLink in USDT pair 4 hour chart shows promising break out of descending triangle and may be ready to gain. MACD produced desirable entry signal while STOCH is a bit about pulling back to trendline, although the lower boundary of Ichimoku cloud may work as support and hold the price. With a stable market Chainlink may experience the lower high at 0.236 FIBO (23.048 usdt) easily.
Trade Safe ...
Chainlink Expansion Move AnalysisWould really like Chianlink to play out this way. Goes up a couple 100 - 1000% and then pulls back 67% which it has done so after the most recent crash. Been respecting the trendline for a year and a half. Next run to $100 which is a psychological price level, could yield a nice 500% return. But I would wait a bit before getting in, and monitor BTC price action to establish an unbiased bullish sentiment.
Chainlink Price Channel Continuation 2021Next chart is devoted to one of my favorite Cryptocurrency and Blockchain Projects so far. Chainlink and its native Token $LINK (Chainlink).
Initially, my first idea of this Chart was tweeted on the 01.June on Twitter (Find below). Chainlink is pursuing a clear Price Channel started in 2020. It's noticeable, that the MACD in combination with RSI Indicator working pretty well for great price entries. I'm a long term investor and always hunting for great Entry Points. Now, Chainlink Price is experiencing a hard down movement but holding the Line above the lower Price Channel Zone. Just a look to the MACD and RSI , a bit of downtrend could be possible to close the RSI GAP (Touch of oversold zone). If the Crypto Market and especially Bitcoin recover faster than expected , certainly Chainlink will move up as well. Comparing the former down trend cycles, after each bottom confirmed by MACD & RSI, 100 days of uptrend could follow.
So let's see, what the Market Quarter End Close will have in the bags in terms of results, because we all know, that Traditional Markets are also affecting Crypto Markets in both, positive as well as negative.
No financial advice, no investing advice.
Just thoughts and ideas.
Call of Crypto, out!
💡Don't miss the great buy opportunity in LINKUSD @chainlinkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (23.00).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. LINKUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 27.75
TP2= @ 31.25
TP3= @ 34.45
TP4= @ 37.50
TP5= @ 41.15
SL= Break below S2
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💡Don't miss the great buy opportunity in LINKUSD @chainlinkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (23.00).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. LINKUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 27.75
TP2= @ 31.25
TP3= @ 34.45
TP4= @ 37.50
TP5= @ 41.15
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 / Crypto 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 ❤️
Chain Link breakout, the prince will take the throne Hi traders,
(Around june 2020, Chainlink joined the list of the top 100 tech-oriented companies by the World Economic Forum.)
We are looking at the 4 hour graph.
Memories of $40 - $50 in the collective consciousness.
FIB extension price targets:
$26,71
$30,7
$33,6
Good news:
$33,6 is easily reached.
Next target: $48
Bad news
$19 is easily reached
This is not financial advice.
Enjoy