Target projection for the next scenarios in LINKUSDT 1HTechnical analysis regarding the price of CHAINLINK in relation of dollar Tether for the next scenarios, based on 1 hour movement.
The price has been moving, forming rising tops/bottoms. However, it arrived in that region where it accumulated.
I believe that by breaking this region of resistance that we find, the price will seek the projected targets.
disclaimer
*** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
Linklong
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.
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,
LINK/USDTI have two plans for LINK
🟢1️⃣ As you can see, it is in an upward trend and if it can continue this trend, it can reach the specified levels 14,22 14,8 ...⬆️⬆️
🔴2️⃣ Or it can not continue its upward trend and correct to lower levels↘️↘️
Consider sensitive market conditions and make careful, patient, smart purchases 😌😇...
Good luck friends ✌✌
.. Like and comment please♥️✏
LINK On A Godly Like Run?!My Fellow Crypto Traders,
Appreciate you taking the time to view my analysis which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing.
Cheers & Happy Trading!
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ANALYSIS:
As the market is in consolidation, this is not just any consolidation for LINK. History illustrates that LINK, the demi-god, has godly like pumps after bouncing off lower channel wall. And with more eyes on crypto, due to BTC, we could see LINK have some massive positive price action. Therefore, I would BTFD because Price-Discover Phase is coming.
*Note: This not financial advice, nor am I an F.A, thus please take my analysis with a grain of salt.
LINKDOWNUSDTWe can just watch BTC price @ this moment.
Near ATH, some exchanges new ath, lot of emotions, lot of money for Bitcoin.
My theory is to just buy more Linkdown bcs I wait next BEAR MARKET. Imagine that the LINKUP and LINKDOWN just switch places? Is that possible? Yes, when BTC does he's thing.
So just long hodl and small bags for it...
LINK.USDT (Y20.P5.E2).Harmonic or H&S?Hi All,
Note:
This is a continuation of the previous post for link and at the end of this post, I made this update. Now we are continuing off this update.
Those who know me, I like to continue off the price action story when its relevant.
My Thoughts:
=======================================================
> I'm first suggesting like BTC, we are now in a downtrend and should trade that way;
> I made a fair bit of effort to look at it from many angles with the following:
a) EMA \ RSI weekly and daily perspective; (34 to 50 weekly ema)
b) Head and Shoulders scenario; (height of head is used as target)
c) Inverted BARR approach; (where the wave started from)
d) Channel approach;
e) Support and resistance\fib level approach; (double bottom scenario) and macro 0.382 fib level.
f) Harmonics
From all this, I have concluded for now, this green zone makes sense;
You be judge:
Note the double bottom fractal.
> Here we have the following elements of a, b, c, d, e, and f;
We are doing the ABC motive\impulse wave based on cycle theory and wave analysis;
> From the HARMONIC perspective, the price can fit into a number of Harmonics so we will have to wait to see what point C is to know or estimate where point D will likely be.
We can have the double bottom approach, represented by the ABCD model.
> If you look at the macro chart below, one can see the mid line of the channel which acted as strong resistance (5) and hence will be strong support
at point (c) which resonates with the level of the double bottom.
> Another approach is the inverted barr method and it too has point C of the ABC wave;
This also resonates with the weekly support level;
> The Weekly chart: bottom ema ribbon = 34 to 50 EMA, acted as support. I think the 21 weekly ema (lime) was tested and we got a bounce already
but I see this as point A of the ABC wave and hence will not hold
Note the weekly RSI level which gave a consistent continuation trend support level.
BEARISH Scenario
Please give me a like or tick for this post,
Regards,
S.SAri
Ascending Channel on LINK Will Soon Hit Resistance!A very important moment is coming up for LINK. We can clearly see the oscillating price behavior over its recent upwards trending price. Even though there is a high variation in price, we can still see that on average the price is moving up steadily over time.
The question is, what will happen when the bullish trend will finally meet the important $14 resistance? If the price can break through, I expect a very bullish continuation. Perhaps all the way until $20 again from the previous all-time-high.
We already know that the price is capable of reaching such highs, and there is at least a 38% gap to get there still. I would argue it's unlikely that we have already seen the maximum price LINK is ever going to reach given that it's a project still so early in development.
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!