Link Inverse Head & Shoulders!Chainlink is looking great on the 4 HR timeframe and has created an inverse head and shoulders pattern aswell as coming upto the apex point this wedge! This pattern is very bullish and we can expect over the next few days some really nice movement upwards, keep in mind BTC will drag down or push up the market in most cases. We are holding up on this triangular support and i expect price action for the most part to respect this pattern and stick to the support. We could see a break of the 0.5 Fib level, as we have tested it multiple times before. Also we could see a drop to the 0.6 Fib and then see a bounce up but i don't think that is as likely. The RSI bounced off the 50. point line and is now starting to curl back up! We need to see a full break of this level then we can expect very bullish movement with a confirmed uptrend! We see the red MACD lead curling downwards but the blue and orange MA's still arent crossing bearish but that could happen and that ties in with the falling to the 0.6 FIB. We did see a close call with them almost flipping, but held strong and continued up. Overall in the near future im very bullish on the whole market but especially chainlink, ETH and DEFI. Not financial advice just my opinion
Linklong
LINK/USDT - optimistic 41% setupHello, Traders!
LINK price returned to the active trading range of $34.00-39.00 under selling pressure.
We can consider entering a position in the range of $35.75-$37.75
Stop-loss can be set at $32
Targets according to Fibonacci retracement levels:
$41,90
$44,02
$46,14
$49,15
$52,00
Good luck and watch out for the market!
P.S. This is an educational analysis that shall not be considered financial advice
Four Year Bull Flag Triangles into Arbitrum POP! BULLISHKRAKEN:LINKUSD has been following these bull pennants since it was created, jumping into smaller and smaller triangles. Arbitrum is scheduled at the end of this 4 year triangle, it looks like they're positioning link for one last fakeout before the arbitrums pump to 100$
Link parallel channelLINKUSDT
According to the new price channel in the heart of the old price channel can be
See that for the first entry you have to wait until the price is above the line
You can enter as the resistance is stabilized
And place the first target one above the midline and the second target the ceiling
Channel
LINK/USD FALLING WEDGE 4 Hour CHARTHi guys!
LINK/USD chart looks very good, we have a potential falling wedge. Since we see a recovery in the entire crypto market and BTC also after the fakeout tonight a nice pump Hinlegte I think the LINK I Soon breakout we and the target Target would be the previous ATH, it looks very good because finally volume comes in. Think that if we go to the OLD ATH and close above it and confirm on a new ATH will go :-) Of course you should enter the trade wait for a 4 hour confirmation and then enter the trade :-)
Good luck with the trade :-)
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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.
Link ready to keep pushing up!!Chainlink has been following alongside the market mostly ETH and BTC and we had a bit of a correction but we looked primed and ready for a big upswing! We are currently looking to break the 0.3 FIB Level and it would be ideal for us to get a nice close above it tonight! Our zero lag MACD seems like we are about to see a confirmed reversal! our red MA is reversing and now coming back up and i am looking for our blue and orange to get that confirmed flip to bullish! We had a slight downtrend dip on our RSI and we are currently looking to break that 50. point to get the confirmed uptrend! I think LINK is a very solid hold for sure and i believe we are going to see strong upwards movement soon, remember almost every coin is following ETH and BTC so gauge those aswell! NFA just my opinion!
LINK expecting a big movement!LINK has been forming a nice triangle with higher lows!
Right now we could see a nice breakout.
And now it is testing its previous resistance as new support.
If everything goes well we can expect a bug movement up!
My PT is between 49-51.
and BTW: WELCOME TO ALTSEASON, BBY!!!
LINKUSD ~ BEST BUY opportunity ahead! Wont get another chance!LINK, the #1 oracle in the blockchain ecosphere, is set to explode this year as oracle services are equally exploding and demand is only going to skyrocket.
The #2 oracle in the blockchain ecosphere is a literal 1/10th the size in market cap - and probably 1/20th the size in coverage as LINK is.
(You should pick up a few other oracles, though, too! $BAND $API3 etc --- www.coingecko.com --- DYOR!)
With the expected retouch of the WEEKLY 10 and 20MA across the big-coin charts (ETH, BTC, etc) all other coins are also going to dump, of course.
What is interesting about LINK, is that it has been touching the 10W MA many times as it ascents, because it has not exploded up as much as many others. More, its sortof been dragged up via "rising tides raise all boats" kinda thing. So, we havent even really seen LINK explode yet this year.
Once oracles catch up to the demand, they will.....
On my chart, I have set buy orders at the last 2 buy zones that I think we will see - possibly ever.
They correspond with 10W and 20W MA touches, and they also line up nicely with supports on the DAILY. (Screenshot below)
See you at the moon!
Linky longLink looks ready to do something crazy... macd flipping for the first time in awhile on the weekly and it also broke above descending channel. I’m liking this chart a lot!
Marines commence!!
This is not financial advice and do your own research! Thanks guys and good luck!
Chainlink Bull Flag!Link has recently exploded up creating a new ATH and now forming a bull flag. I believe we are only at the start of altseason and there is going to be many more explosive moves to come! We have regained our long term ascending channel to continuing our push up, the EMA ribbons we're getting pressed and condensed recently but are now starting to really open up showing we have lots of bullish momentum! The RSI was slightly overbought but now is coming back down into our neutral zone due to the past 3 days of slightly down sideways action. Last our zero lag MACD has reversed bullish and i expect us to see some upwards movement today or tomorrow! We have a good chance of pushing right through that ATH and into price discovery mode, the ATH resistance is already fairly weak and already has been tested twice! NFA just my opinion
LINKUSDT On The Edge!! BreakOut ?Dear Friends ,
I would love to share what I found in my charts for LINK . I see a far too familiar trend on TA where we are near edge of breakout for ChainLink at this point. If I am wrong we break downwards, and I will admit it!
Higher-Highs on 1H, 4H charts.
Late March LINK had been in the mud, which it recovered and began steady journey.
We are at the Squeeze stage , since couple days. Tightening price action!
First target to overcome resistance near $35-$36 . My final target at $39 range . I am bullish on LINKUSDT TA.
All my EMA targets hit during last downward corrections completed.
What more can I say, 🤷♀️ DYOR !
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LINKUSDT - REACCUMULATION PHASE FOR #LINK #LINKUSDT $52 TARGET!THE REACCUMULATION PHASE FOR LINK - ( Link Marines Assemblle)
4 Hour Chart Analysis
After Making New Highs, we can see think has had a nice pullback and is now being Reaccumulated.
Link is Currently in the LPS stages of reaccumulating After a Fake Breakout, and over extending back into the accumulation range.
After 40 days of being accumulated again, link is in its final stages of this phase.
It also retested the 0.618% Fib and over extended.
I have a target of $52 for this next push for link.
Stop Losses Below $28.50 the current swing low for anyone leveraging.