Chainlink W'sLink has played out W patterns multiple times in the past and looks like its following that pattern again.
Bouncing between the bull pennants on the daily charts for a few more weeks until it breaks upward from this pennant and paints another W. Mostly sideways action but slightly bullish.
There's a possible way the triangle gets bigger if link goes to 37 in the short term ( next week or 2 ).
This pattern could take another month to resolve.
Linkchain
Four Year Bull Flag TrianglesLong term link has followed this pitchfork trend that has lined up with adoption rate over time. Started in 2017 and it's still playing this pattern out.
Over the years it has made massive bull triangles, and is consistently breaking them before they complete.
If we keep running along the middle channel, it can break up into the highest channel upwards of 100$ and still be in it's 4 year trend.
The long term extremely conservative estimate is 100$ by the end of 2021.
Chainlink (LINKUSDT) ready to flyChainlink has broken the long downtrend line and now trading above it. Chainlink is a decentralized oracle network and has a lot of big partnerships. A good rally is pending in LINK.
Buy Zone: $33.5 - $34.1
Target: $38.3 - $42.4 - $47.3 - $52.7 - $58.9 - $63.5 - $69.8
Diagonal pattern and completion of the corrective movementIn daily chart wave counting has changed to some extent, it seems the target of the uptrend can be $ 85 in the first stage and then the price level can be extending up to $ 160.
In the 15-minute chart, the Diagonal pattern is clear, which could indicate the completion of the downtrend in wave 2.
LINK/BTC potenial accumulation zoneLINK/BTC
0.0004 area is a potenial accumulation for LINK / BTC pair
If you are patient enough i think this will give nice return for coming weeks or months
trendline support should on weekly TF for continuation
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Good luck
Link-The beginning of the uptrend in wave 3As the daily chart shows the price is in the uptrend and in wave iii, which the targets of this uptrend is in the ranges of $ 85 to $ 100 (In the short term).
In the sub-waves of wave 5 from point iii, wave 4 has ended in the range of $ 21, and then, by referring to the 240-minute chart, we can consider the first formed wave as a Leading Diagonal. And its corrective movement has been completed in the range of 23.75, in continuation, the upward trend has started in wave 3, which can be extended up to the target of $ 58.
Link is on his last resistance! Waiting for confirmed breakout!Link is hot right now. There is a lot buzzing on twitter and telegram and a lot of buyers and holders are waiting for a pump.
Let's see how it goes. Overall the most people are watching at 50$ it seems. So that will be a price where i look to take profits.
Have a nice day :)
Link targets $40 by the end of the monthThe chart suggests that link may need to undergo a minor correction towards the $25 - $26 mark within the pennant. Thereafter the coin may look to $40 - $41 or possibly much higher if altcoin season starts to cause large inflows into the lower market cap coins.
The problem with coins like Link is that they can bounce really high very unexpectedly due to the fact that they have a relatively small market cap which allows it to double in 2-4 days. Its unlikely to see that happen in BTC with its current market cap.
I don't fully understand the technology behind Link, however, i understand enough to know that it has a big future due to its utility.
Long-term price prediction for Link?
I have no idea but i don't think that its unreasonable to expect a 4X - 6x rise in price and hopefully a lot more within the next 12 -18 months.
I own Link in my speculative portfolio (one of the smaller positions) and i intend on holding it for a long period of time. Its not the price that matters, its the potential utility.
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LINK/USDT : Targeting 38$ BINANCE:LINKUSDT
Hello everyone 😃
LINK had a breakout from 30$ resistance line and MACD had a bullish crossover.
Now there's possible retest on 30$ again !
It could be good to take long for mid-term holding..
📌 It could be possible for link to form a bullish flag on next candles !!
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
LINKUSDT Next Target?LINKUSDT (1H CHART) Technical Analysis Update
Flag pttern
LINK/USDT currently trading at $29.36
Buy-level: Only buy after flag pattern breakout ( Above $29.75 )
Stop loss: below $28.00
Target 1: $30.90
Target 2: $32.00
Target 3: $35.00
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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LINK/USDT bullish signals are pretty good!Hi every one
LINK/USDT
the LINK/USDT has formed a symmetrical triangle and also there is a hidden bullish divergence(+HD) as well. with these signals we can come to a concolusion that the price has a better chance of being bullish rather than being bearish! we just have to wait for the upward break out!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck