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LINK

LINK: half road till $8.0 LINK is gradually and steadily moving to higher grounds. Two weeks ago a major panic on the banking market rocketed the prices of the crypto coins to higher grounds, however, LINK was the one to hold steady with an uptrend, making its growth in price more sustainable. LINK started the previous week by testing the $7.0 resistance line, and gradually, over the week reached the highest level at $7.66. Still, at the end of the week, some testing of the $7.0 support line is in progress. The RSI indicator continues to move above level of 50, indicating that the market participants are still more oriented toward the overbought side, which might support the price of LINK in the coming week. Moving averages of 50 and 200 days, are still moving as two parallel lines, meaning that the occurred Golden cross is still on hold. Markets continue to be fragile on all the news surrounding the banking industry lately, so there is some probability that volatility on the market will continue in the weeks to come. Considering that fundamentals are now playing an important role in defining the prices of coins, some precaution is advisable. As per current charts, LINK will start the week ahead by testing the $7.0 support line. There is decreased probability that this line could be breached to the downside. Current charts are more oriented toward the upside, in which sense, LINK might revert from the $7.0 support line and return to its road toward the $8.0 resistance line.
COINBASE:LINKUSD
by XBTFX
LINK - 4 Phases YOU Should Know 📉Hi Traders, Investors and Speculators of the Charts 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. The markets are currently taking a breather after upside price action and this is typically where we expect altcoins to shine. Chainlink is particularly interesting to watch at this point since it has been trading range for an extended period of time. This is bullish according to the Wyckoff Method Analysis and other market cycle- or phase analysis'. This chart presents an easy guide to market cycles considering the moving averages and the macro perspective. Can you guess what phase we are currently in and what comes next? 🔥 Here's another altcoin with great upside potential that you may not have heard of : Shirtium _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
44
Chainlink (LINK) forming bullish Gartley for upto 12% pumpHi dear patrons, hope you are well and welcome to the new trade setup of Chainlink (Link). Previously I shared a long-term trade setup for LINK, which is till in play as below: Now on a 4-hr time frame, LINK is about to complete the final leg of a bullish Gartley for another price reversal move. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333
Phased investmentThe AidiFinance project is revolutionary in the world of cryptocurrency and is greatly underestimated. For a long time, the development team has been building an ecosystem aimed at rewarding holders from using software products. Holders already receive rewards in the form of Matic in the amount of 2% of the volume. Development completed: - AidiSwap is a multi-network exchanger operating on BSC, ETH, Polygon networks; - AidiCraft - NFT marketplace, running on the Polygon network, provides integration into OpenSea and Raible, the built-in Lazyminting system. It will soon be available for use by other projects with their own coins; - AidiBets - sports betting, cyber games, slot machines, poker, blackjack, roulette and much more; - AidiRaffle is a platform for conducting lotteries and sweepstakes, which allows any projects to organize collections to raise funds for marketing and other purposes. In the second quarter, developers will present: - a platform for staking; - AidiCard - virtual cards (VISA, MasterCard), with the possibility of payments in stablecoins anywhere in the world, No KYC. In the near future, the team plans to create: - AidiPlayFi platform for game developers, which will interact with the NFT marketplace AidiCraft; - AidiConnect is an intelligent tracker for providing the ability to track your investments and predict profits. The projected price is $1.5-$2 in the next 2 years. Polygon contract: 0xDFc2C4ce66561c3ee53dbeA9ff78550F395a25e2
ALong
by h9wvjxbyjq
To finish long sideways and ascend...Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (LINKBTC 1W Chart) -------------------------------------------------- -- (LINKUSDT chart) ------------------------------------------ (LINKUSDT 1W Chart) It has been showing sideways movements around the HA-Low indicator for quite some time. Accordingly, it is expected to show an upward trend in the near future. (1D chart) If price holds above 7.601-7.820, I would expect a move towards 9.869. If not, you should check for support around 6.698. Therefore, it is important not to fall below the downtrend line or 6.698. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
by readCrypto
4
LINK: steady growthThe latest banking crisis pushed the crypto market to higher grounds. In a quest to save their deposits, many individuals and companies turned to the crypto market, considering that it is suitable both for holding funds and making payments or funds transfers. Although the main coins on the market were in the spotlight during the previous week, altcoins were also one to gain. LINK started the previous week around level of $6.3 and was pushed to the highest weekly level at $7.3. Compared with the main coins, it could be noted that altcoins gained more sustainable levels, which would probably take some time until they enter into any sort of significant reversals. During the strong push to the upside, the RSI indicator made an incremental move above the 50 level, and is ending the week at the level of 55. The indicator shows that it is still early for an overbought market and that the price of the coin still has space for the move to the upside. Moving averages of 50 and 200 days continue to move as two parallel lines, but the Golden cross from three weeks ago still holds. Markets are still under influence of fundamentals surrounding the banking system in the US. It will take at least another week for crypto coins to find their new levels. At this moment, LINK is testing the $7.0 resistance line and it will continue in the same manner during the start of the week ahead. In case that there is no further strength for the break of $7.0 resistance, then the coin might shortly revert to $6.5, with currently low probability for the $6.0 support line. On the opposite side, there is also a low probability for $7.5 to be tested in the coming week.
COINBASE:LINKUSD
by XBTFX
LINK/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this LINK/USD update by CRYPTO SANDERS. CHART ANALYSIS:-chainlink (LINK) was also in the green in today’s session, with prices trading by as much as 7% higher. LINK/USD rose to a peak of $7.17 earlier in today’s session, after falling to a floor at $6.57 the day prior. Friday’s rally came after LINK bears failed to sustain a breakout at a long-term support point of $6.60. However, bulls were able to move past a point of resistance at 50.00 on the RSI, which was one of the catalysts of today’s climb. As of writing, the index is tracking at 52.71, which is close to a ceiling at the 54.00 zone. In the short-term bulls may attempt to send the token to $7.50, however, there appear to be several obstacles the way that could prevent this. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
BINANCE:LINKUSD
by CryptoSanders9563
3
LINK: has bottomed?A week after technical indicators formed a so-called Golden cross, negative news hit the market, which spoiled a bit the optimism of technical analysis for LINK. On the other hand, Silvergate Bank went bust, Silicon Valley Bank went bust and FED Chair Powell said that interest rates would most probably be higher than initially anticipated and the rate increase will be at a higher pace in the coming period. It’s just too much for one week. LINK could not perform better than it actually did in such general circumstances. Although $7.0 resistance was a target for LINK at the beginning of the week, still, all the negative news pushed the price to the lowest weekly level at $5.9. Still the coin is ending the week above $6.2, and actually testing the $6.0 support line. RSI reached level of 32 which is quite close, but still not, a clear oversold side. Moving averages of 50 and 200 days are currently moving as two parallel lines, but there is still no indication that MA50 might start its convergence toward its counterpart. At this moment, the Golden cross still holds. Markets will need a few more days until the situation is clear. In this sense, some significant moves should not be expected. Based on current charts, LINK has bottomed around the $6.0 support line and is ready for a short reversal. At this moment, level of $6.5 might be a target for LINK in the week ahead. Whether there will be strength for a return to $7.0 resistance will depend on the further fundamentals covering currently major market topics.
COINBASE:LINKUSD
by XBTFX