LINK READY TO EXPLODE!!!Chainlink has been showing tons of strength recently outperforming tons of projects and we have taken out some key levels that we're very needed, before we jump into this always remember BTC is a huge factor when it comes to the rest of the market and can easily void this TA. First looking at the pivot points as you can see we have sliced right through R1 resistance and the 0.3 FIB level, a close above both of these levels would be absolutely key for us and would give a lot of momentum to the bulls. Next looking at the SMA's, we have crossed a very very important level which is the purple 200 day SMA which is the most powerful and slowest mover, a close above here will add to all this bullish momentum and we will no longer have any SMA resistance and they will all be support levels which is key for our overall structure and for cushions when we start to run up hard. Now the bollinger bands are looking super bullish we notice our current price action is hugging the top band and if we see this continue you guys know what the likely outcome is... a huge run up most likely to that 0.5 FIB level, also the higher we push on the bollinger bands the higher our midline support level will become, a very key and ideal situation would be for our midline to come up all the way above the 100 day SMA, 200 day SMA,R1 resistance and finally the 0.3 FIB level, this will be key due to the fact that the bollinger band midline will be another cushion of support for us, and i don't think this is far off because of how grouped together all these key levels are. Overall what im looking for here is a close above the r1 resistance, 200 day SMA and the 0.3 FIB, if all of these confirm close above we are looking extremely bullish, also watching those bollinger bands and the run up on that top band. Not financial advice just my opinion!
Linkmarines
$LINK: Multi-year pitchfork providing clarityWhat's up frens. We got a REALLY nice reversal here with what looks to be a clear break of the multi year pitchfork prong that has been acting as a SUPER strong level of resistance.
- Light Blue arrow: Strong looking V reversal pattern with 2 back to back daily buy signals from True Vibration 2.0 indicator. That' major bullish right there and if you bought that dip? You're up 100% since then. I bought that dip, because I buy every week and DCA like we've been talking about.
- Orange arrow: After a strong rally, price action closes well outside the Bollinger bands on the daily. This also coincides directly with the same blue 1.0 deviation pitchfork prong that we talked about above. HUGE S/R line acting as resistance here.
- Red arrow: Multiple fakeout dips straight off of that S/R line. Quickly bought up with good volume. One last major dip before the final break through of the trend line.
- Green arrow: Clear break above multi year trend line. We'd like to see this daily close well above it, and we'd expect it to be tested? But the weeks of pushing against this resistance trying to break through? Might result in a more explosive move upwards.
I'm targeting the next two pitchfork prongs, as they align well with previous major S/R levels. I'd obviously expect it not to be a straight line. We'd like to see it retest and hold at S/R on it's way up.
As always though. I'm going to just keep buying and focusing on building as big a stack as I can before Super Linear Staking drives price out of my comfort zone.
$LINK will reward patience.
LINK READY FOR A HUGE RUN!Chaiinlink has been pretty on par with ethereum recently both showing their great strength, if we close today as a green candle we will have 15 green candles in a row which is pretty incredible! Thats over 2 weeks, we are currently getting stuck on the previous pivot point to the left side, we have passed the pivot point below and we have continued to hold the 0.2 FIB level! Looking at the EMA ribbons which i gotta say are very slow movers but however, we are now starting to see the ribbons starting to twist which is good in our case, they are currently bearish and we want to see the green ribbons flip all the way to on top, that way we are going to full have bullish momentum, i feel like we may see the EMA ribbons fully flip when the crypto market is overall back in the bull cycle. The wavetrend oscillator is almost in the sell zone which means we could see a bit of a cool off soon in the coming days, i think we are going to see a little bit of a cooloff i gotta say, it is pretty due, doesn't have to be a big one at all we could just see a day or two of sideways movement, the most i can see us going back to test is the pivot point below us but i think a test of the 0.2 FIB is also likely before we again start to climb upwards, very bullish on link short term and especially long term! Not financial advice just my opinion!
$LINK: Pitchfork check in#Chainlink has been respecting this log pitchfork that we've drawn for months and months now. We recently flirted with the bottom 2.0 deviation. And we're now bouncing back from pretty big previous ATH support. I'd really like to see the price get above the green box, and above that lower 1.5 prong.
I wouldn't be surprised at all to see a more clear double bottom formed on the daily? If we re-tested that lower 2.0 prong? It would probably be the exact same price as the last low?
Either way. $LINK at these prices is a generational opportunity. I wish I had more capital to invest, but I'm stacking what I can. Don't worry marines. We're literally all going to make it.
Link Update: Look Elsewhere for OpportunitiesRanging as expected from my previous idea. Link below. Had a killer run that ended with the bearish T-K cross. Long term trend has ended and chart confirms this. Going forward, upside will be limited in comparison to its previous performance. Downside risks are significant. Hence be patient. Enjoy the gains you have had so far and find something else to trade.
Chainlink vs USD and ETH - BUY #linkmarinesI will wait to see if the LINK/ETH will confirm the support area here, and to assure myself that we are not starting a H&S formation next (witch I hope we will not) and I will exchange 15 to 25% of my ETH to Chaninlink. In the bigger picture on 2W time frame I noticed a buy signal coming next on MACD indicator, and also, a second touch of RSI to oversold area, witch I think next we will bring us back up. (I'm referring to Chainlink/ETH pair here).
About the left picture, I believe the LINK/USD pair has in the 11 to 15 a strong buy and BUY zones. My personal opinion is that we shall see till march 2022 new ATHs as showed in the drawn chanells.
This is not a financial advise!
Take care of yur hard made money guys!
CHEERS!
$LINK: Pitchfork still providing clear S/R levelsHey yall. I think $LINK is looking really good here! We've seen a pretty clear A&E bottom with higher lows being created! As you can see the blue 1.0 pitchfork prong that acted as such strong support is now acting as a clear resistance! If we go back to re-test that 19.50 levels where we previously held and failed, I'd expect a bounce to above 20 and to continue our way back up!
Fundamentally SWIFT news and the amount of integrations and partnerships only continues to grow for Chainlink. Smartcon is coming. Super linear staking is coming. Any $LINK price under 50 dollars is a gift. I've been buying these last few weeks. Long term plan still intact.
$LINK: Double bottom? Pitchfork intact!Hey ya'll this is just kind of a check in. In my "we've seen this before..." post that I linked below, we talked about how $LINK usually behaves before massive runs. The price action did in fact dip to that 20 dollar lower blue line. And with that we saw a LOT of buy support created. As you can see now, on the 4 hour chart we've formed a nice higher low, above lower 1.0 blue deviation. We're currently testing the 0.5 deviation and if we don't reclaim that? I'd look for another leg down. If $LINK's PA follows previous fractals? I'd expect it to range for quite a while in this channel that we're in? But if we fight above the 0.5 pitchfork prong? Then we're building back those patterns and consistencies in behavior.
Either way. $LINK staking is coming... you have until then to stack as much as you can before it leaves this hilariously low price range, and we push up towards 3 figures and beyond.
Just be patient. It's probably going to range for a month or two.
LINK ABOUT TO BLOW!Update for Links inverse head and shoulders pattern, we have smashed through the 0.5 FIB level and now today we are looking to hold this level for our daily close. A close above the 0.5 could send link flying due to us also breaking out of this wedge resistance! This will be a very close daily close for us by the looks of it, so keep your eyes open and watching. Also keep in mind BTC will drag or pump the market depending on where bitcoins price goes. The RSI bounced off the 50. point and we need to see a confirmed break above this to see a full scale uptrend. I think this is very likely in the coming days as we are getting indication from the MACD of Bullish momentum, we see the indicator threw out a buy signal and we are seeing a potential bullish cross of the MA's (Blue ontop of orange) With that we notice a long overdue green bar on the histogram which is bullish. I got a feeling alt coins are mostly all on the verge of a big breakout in the coming days, all indicators and technicals are giving that hint just even comparing the indicators with XRP on my last TA, Big moves ahead guys! Not financial advice just my opinion!
LINK vs BTC new bullrun at horizon Hi guys,
I believe and hope that RSI support in the right picture are in progress. If that's going to happen, we going to see a very nice new ATH till April next year.
BTC must behave and finish fast this strong correction. We need that!
This is not a financial advise, just my personal opinion!
CHEERS LINKMARINES!
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
Chainlink looking very bullish!Link has performed very well after the "bottom" a couple days ago, we are sitting right on the 0.6 Fib level and aswell moved above the 200 day MA! Tonight will be a big close for link i would really like to see us hold this 0.6 Fib and 200 day MA, then i think we got a good chance of moving higher, but right not everything is riding on BTC with the market generally following Bitcoins moves. We found some down slopping support on the RSI and now we're seeing a little bit of a come down right around the oversold area. We gotta see a move up above the 50. point on the RSI to get that confirmed uptrend! Zero Lag MACD looks very bullish with our red lead flying upwards with our blue and orange flipping very recently to bullish, we want to see our Blue MA stay ontop of the orange and start to spread out to really start seeing some bullish momentum!! Not financial advice just my opinion!
$LINK: Pitchfork call was right... so far.Just checking in on $LINK after that wicked dump. We've seen it before and if we copy that bars pattern and compare it to current PA? We see that the test and bounce is usually followed by some consolidation before it's able to get enough momentum to fight back up above that median. If it does follow this fractal perfectly? (which it won't) The full parabola would align with an end of summer pump as crypto did in years past too. Generally end of year has been when things get absolutely nuts. We'll see if that happens!
- On the bounce and coming retest, i'd love to see that previous ATH of 19.50 hold?
- $LINK is and has always been extremely bullish fundamentally. We're buying more spot here and DCA'ing into growing our position at these prices for sure.
- Called the pitchfork bounce last week, we could honestly even see 10 dollars and still be maintaining our bullish macro structure.
Again... Everyone that I talk to about $LINK I strongly recommend buying small amounts consistently over time. Timing the market tops and bottoms is for fools. I firmly believe in the future of $LINK and the #Chainlink network. Everything in the world that uses smart contracts will be using and relying on this technology and everyone has to pay to participate. Corporations need to Buy, Hold, and Spend $LINK. Us small investors will benefit from this demand greatly.
Link Ready To Explode!!Chainlink was cruising at ATH's about a week ago and has since been feeling this market correction, good news though Link has found very strong support, both uptrend support and accumulation support. The important thing is Link continues to make higher lows on a longer TF. I am bullish on Link, Defi and altcoins. We also have good support coming from the RSI higher lows aswell, would be very key to see a push above the 50. point like we saw on the second highest low, just below the 50. then we shoot back up. Now saying that remember everyone is watching BTC as the market will follow. The MACD i think is starting to look very bullish with the red lead bottoming out and slowly curving back up, and the blue MA is getting closer to the orange, hoping to see a bullish flip and a big swing up. Also the ascending channel looks very familiar to what we saw April 15 Aprx. Big swing down out of the channel creating a higher low and finding support then to afterwards shoot back up creating a new ATH! Not financial advice just my opinion! Also check out my NFT work on rarible, have a fire artists album cover dropping soon! rarible.com
Four Year Bull Flag Triangles into Arbitrum POP! BULLISHKRAKEN:LINKUSD has been following these bull pennants since it was created, jumping into smaller and smaller triangles. Arbitrum is scheduled at the end of this 4 year triangle, it looks like they're positioning link for one last fakeout before the arbitrums pump to 100$
$LINK: Market Volatility be damned.Obviously when asshats like elon tweet and the retail rats go scurrying to animal coins? Thing get a little dicey for crypto in general. However, $LINK is still respecting the hell out of these pitchfork levels that I've been posting for the past few months.
- 4hr bull flag breakout and retest happening as we speak. If it can close this 4 hour candle above that upper flag line? I think we're back on track to test the upper blue 1.0 deviation on the pitchfork.
- In a more bearish / realistic scenario? I think we might get one more shakeout to test that 0.5 green dotted pitchfork prong that has been acting as support for quite a while now. Too much leveraged traders = rinse them out.
- Worst case scenario? BTC doesn't behave and we grind slowly down towards that big red median around the 35 dollar mark. There's massive support there and that PA would be completely fine in this bullish macro structure.
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.