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Linkpriceprediction

LINK -6h. Target reached - we are waiting for correctionSince the end of April, the LINK market has revived significantly and has begun to bring only positive emotions for investors. In 2 weeks, buyers managed to raise the LINKUSDT price by 75% and fill the upper trend line of the white channel. We wrote about this growth channel in our previous idea: If you look at our previous idea, you will see that buyers succeeded in testing our target of $50. However, the LINKUSD price started a wave of growth without testing the strength of the range of $40-42 . This range was the range of the previous all-time high, where a lot of liquidity gathered. We can see this in more detail by examining the trades on May 4, when buyers managed to break through this liquid zone: Above the range of $40-42, buyers did not find it easier to push the price up. Sensing strong resistance in the chainlink market, buyers formed a consolidation that continues to this day. In our subjective opinion , this consolidation is more likely to break down to the range of $ 40-42. It is in this zone that we will understand whether there are still ambitions for this coin among buyers and whether there is a chance for a continuation of the growth wave and a repetition of the successful growth of ETH. While BTC's dominance continues to fall , Bitcoin continues to impact the crypto market, especially when it begins to correct. Looking at the BTCUSDT chart, one gets the impression that in the near future we are expecting at least a local wave of falling into the $54,000 range: This scenario increases the likelihood of a local correction in the LINK market and testing buyers for strength. ______________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
19
Mountain Climber LINK/BTC #link $LINK #cryptoHere we see our Link Bitcoin pair from Binance but on the 2 week chart . I don't often often look at that timeframe but seems to fit this one ! As you can see Link has been on a steady climb up since late 2017 , over 3 years . And there actually aren't very many pullbacks here ! But we appear to be in a pullback now with those 8 red candles . My guess would be we at least see another 9th red candle on this TD Sequential 9 sequence in a week or so . Then perhaps there is more upside here . Also we should be heading back up over 160,000 sats and beyond . How long before LINK sees new All Time Highs in sats just like it saw recently in usd ? Probably not long . LINK is looking to have a great future . See my chart linked below .Is this our last pullback before the rise ? Again , LINK doesn't have that many pullbacks on the Btc pair chart . And this is a higher timeframe . It would appear that LINK will continue mountain climbing for awhile !
by shimmeringpath
6
Great Expectations LINK/USD $LINK #link #cryptoHere we see our Weekly Link Usd chart from Binance . It actually just hit it's All Time High again today ! Near $20 .But look to the left hand side of the chart and notice our All Time Low near 13 cents , in late 2017 - over 3 years ago . That means LINK has gone 146x up in just over 3 years ! 146 times up .That's quite amazing and if you're thinking long-term you might wonder what the price of LINK will be in another 4 or 5 years ? Well , many think LINK will easily hit either $100 $500 $1000 or more during this Bullrun year . It's hard to know but if Link hits $100 this time , end of this year ... does that mean 4 years from then we could see a $14600 LINK ? Of course LINK has a higher supply than Bitcoin does so the question becomes more complicated .There's 400 million circulating supply of LINK right now and Bitcoin total supply is only 21 million . But crypto is also growing exponentially with Institutional money investing now . Could it be possible if LINK hits $1000 this time that it then can go up 146x to a price of $146000 in 4 or 5 years ? What a thought !
BINANCE:LINKUSD
by shimmeringpath
9