Chainlink If chainlink copy the previews pattern of the double top , he had a dump of 96 bars ( -28.40% ) that period of time and at the same time his lowest RSI indicating the lowest underprice he reached was 14 bars ( 15.32% ) dump at that period of time. Link just made another Double top , with a 96 bars drop ( 26.24%) should reach around 19$, just above the strong support line, also its possible due to the RSI movement with a 14 bars drop ( 12.87% ) it might stop around 20$. If Bounce of the 20$ support the next target is 30$ bullrun.
Chainlinkusdt
LINK 12h ATH was updated, will it go higher or have enough?To your attention LinkUSDT, which recently updated the absolute high of trades.
Unsurprisingly, this coin has collected almost the most votes in our weekly digest to analyze it . We promised - we are doing , by the way, you still have the opportunity to offer your options for analysis.
It is difficult for LINKUSD the process of fixing at the top of the channel.
In order for the growth to continue , the LINKUSDT price needs to fix above the level of $25.25. If this happens, we can safely long to the next level $29.84.
In the event that sellers remember that they also have a right to exist in the market, and activate sales, the level of $25.25 will be protected.
Sharp sells can be tricky as LINK trades with the opportunity to use the large leverage across multiple platforms. Stop and liquidation triggers can easily push the price down to $20 or even to $17.20.
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Link: The completion of 4th Wave from point 3As you can see in the 240-minute chart, the price is in the sub- waves of 3rd wave, the 4th Wave hits to the channel line in the range of $ 17.10 and ends at that area. In my opinion, the target for the uptrend is $ 80 to $ 150, but the initial target is $ 38 to $ 40.
LINK ready to test ATH again !LINK / USDT
Chainlink just broke strong trendline resistance
We can see below 200 EMA daily was best support it has
Now i think with all these pumps in alts LINK is ready to test its ATH soon or even break it !
🚨 Daily close above trendline is very important to remain bullish
Good luck and happy trading 🌹
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 :)
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.
Chainlink (LINK) Is Running Out Of RoomCHAINLINK (LINK) has been in a long accumulation period for over 4 months now and it is lately running out of room in a symmetrical triangle. As markets are very bullish and all Altcoins are popping in waves one by one, LINK has been very much silent for an extended period of time. If you want to invest in crypto and have some solid gains with minimum risk, LINK is one of those safer bets you may get in the market. You may either buy the breakout of the triangle or dollar cost average your investment and let it ride the wave.
Best regards,
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.
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 .
_______________________________
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 :)
LINKUSD formed Gartley | Upto 34.5% expectedOn daily chart, the price action of Chainlink (LINK) has completed bullish Gartley pattern, now it has entered in the potential reversal zone. There are also 100 simple moving average support in the potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic Gartley pattern should be:
Potential reversal or buying zone: $12.4824 to $11.4132
Fibonacci projection or sell zone: $13.3258 to $15.3716
Stop Loss:
The potential reversal zone area that is up to $11.4132 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per above targets this trade has a profit possibility of 34.5% and as per the above-mentioned stop loss, the loss possibility is 9%.
Note: Above idea is for educational purpose only.