LINK BITCOIN BATTLE CONTINUESIf the valuation of LINK/BTC continues to drop, I have noted a solid price floor support level. This has been a key level for nearly 2 years now! There is a slow uptrend forming over the past few weeks, and if we continue, I would expect a stronger move up in the next few weeks or so. Please feel free to follow us on Twitter, Youtube, and Telegram!
Linkbtclong
LINK/USD - Inside a Bull FlagOn the 4 hour chart , LINK is inside a bullish flag formation.
There is a possibility of a breakout in the future, but we need to check if an important bullish trend line will still serve as resistance to push the market higher.
Looking at the daily chart , we see strong resistance that has rejected the market several times.
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Write your opinion about it in the comments. I would like to discuss this with anyone.
This is NOT a FINANCIAL ADVICE . This is just my point of view on the current situation.
LINKLINK / BTC is consolidated under 236 fib retrace lvl while also testing the daily 200 ema repeatedly without a successful break out above. At the same time the USD pairs r sitting at ATH's.
I just cant help think LINK will explode soon.
LINKsome news will break soon I can feel it, then LINK breaks $48 super trend starts strong buy on weekly and we will teleport to $130.
LINKUSDT - price movement analytics! Greetings to all cryptomaniacs! Taking analytics to the next level!
As you can see on the day 1 timeframe, the price movement continues inside the globally ascending channel.
The price approached the level of 25.86, after which a corrective movement followed. The trend line marked in white on the chart kept the price from continuing the downward corrective movement. In case of a breakout, which was expected to continue the downward movement to the levels marked in orange on the chart.
Now is the decisive moment in the price movement on LINK. The price is pressed to the level of 25.86, upon breakdown of which, the upward movement is expected to continue to the levels marked in green on the chart.
Successful bidding!
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LINKUSDT LongI am expecting a scenario like this, if LINK Cant pierce through the trend resistance then it should come back down to the golden fib zone forming a higher low close to the resistance and will most likely breakout with a powerful move. Keep an eye on this movement. Set your SL according to your own plan (Ideally below the closest structure. Good Luck and Happy Trading.
LINKBTC | Long Position on Support LineIt's clear LINKBTC is currently at an important support zone.
Risk/Reward is high and therefore I'm taking this long position.
Another option is to trade the weekly chart and place a stop-loss at 59500-ish sats. I'm however aiming for the short-term bounce here.
LINKBTC a mega bullish setupHey friends, hope you are well and welcome to the new update on Chainlink.\
All time high resistance broken out:
In USD market, the priceline of LINK has found a good strong uptrend line support. And broke out the all time high price and sets new all time high price level.
Up-channel has been broken out:
On the daily time period chart, the price action of Link formed an up-channel. There was also good support of 200 SMA at the support of channel. Now finally the priceline has broken out the resistance of this channel.
SMA support re-test:
Now if we take a look at Link with Bitcoin pair monthly time frame chart, then the priceline of Chainlink is testing 25 simple moving average as a support 1st time even in the history of Chainlink.
Conclusion:
In US dollar market, the price action of Chainlink has already crossed all time high but in Bitcoin market it has moved down at the strongest support of monthly 25 SMA. Therefore in future a very powerful rally is expected.
What targets if LINK hold above ATH !!Hi guys
LINK / USDT
ChainLink was and Still one of my favorite coins
My last idea Published when it was trading at 16$ in 6-Jan
Idea about : link is ready to test ATH soon
You can check my last idea here 👇:
Now Link successed to broke ATH however btc in dump mode thats a good news
because there are high possibility now that alot of coins will follow it specially top ones that what i think
If bulls hold above last ATH (20$)
The next possible targets are :
23.6$ (1.272 fib)
28$ (1.618 fib)
40$ (2.618 fib)
53$ (3.618 fib)
This is early plan as i said it must hold above ATH first and bulls should show strength here
Finally this isn't a financial advice
Good luck and thanks for reading