2 SMALL BOUNCES THEN TO THE MOON FOR CHAINLINK!! 2 small bounces then to the Moon!!! OK maybe not the moon but at least fighting for support when we hit the defensive line at $19. Then the next hurdle will be to break through $22. Their Defense is strong. But after that, $30/$34 here we come. Coincidentally right around the same time as kickoff for the Superbowl👍
LINKUSD
🌳Link's Support & Resistances and Expected Movements Right NowHello every one
LINK/USDT
🟡Chart is speaking it self !
What Is Chainlink (LINK)?
Founded in 2017, Chainlink is a blockchain abstraction layer that enables universally connected smart contracts. Through a decentralized oracle network, Chainlink allows blockchains to securely interact with external data feeds, events and payment methods, providing the critical off-chain information needed by complex smart contracts to become the dominant form of digital agreement.
The Chainlink Network is driven by a large open-source community of data providers, node operators, smart contract developers, researchers, security auditors and more. The company focuses on ensuring that decentralized participation is guaranteed for all node operators and users looking to contribute to the network
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LINK - is ready to build this Cup and Handle?BYBIT:LINKUSDT
1H trend chart
-
LINK has a potential Cup and Handle formation on 1H.
If price can overcome the downtrend line, this pattern will be completed, and trading strategy as below.
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Profit Targets:
a) 17.889----Fib(1)
b) 18.278~18.435----Fib(1.272~1.382)
c) 18.773----Fib(1.618)
Stop losses:
a) 16.712----Red horizontal ray
-
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Chainlink is flying outa the ballpark!!
OK, I'm pulling out all stops , pointing my finger to Left field and signaling a Homerun!!
Here's what gonna happen, mark your calendars for Feb 23rd 2022, Chainlink is flying out of the stadium!!! Going , going, goooooooooone!!!!
No analysis, No trending calculations, No investment strategy....
LINK/USD: Time to Grow? Great Confirmation Spotted!
LINK formed a cute inverted head and shoulders pattern on 4H time frame.
On Sunday its neckline was broken to the upside.
This morning we see its retest.
It looks like the coin is preparing for a correctional move.
Goal:
22.3
28.0
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Link - is getting ready to sky rocket 🚀A key level of $17.8 can be seen on the LINK chart. The price is slowly squeezing near this level. In the event of a breakout, there could be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
LINK LiftoffChainlink is looking increasingly bullish after breaking above 17USD resistance.
In addition, these re-tests have also been getting added support from the H4 20 EMA (exponential moving average) which is now below current price (bullish).
Should Bitcoin continue hovering between the range of 37K USD to 40K USD, then Chainlink breakout levels place the next level of resistance around 21USD.
SUPPORT: 16.50 - 17 USD
RESISTANCE: 21 USD or Higher
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Massive TA Indicator signaling a BUY for ChainlinkHey Traders,
As you can see on the Daily Chart of Chainlink, we have received a buy from the ABSOLUTE TOP BOTTOM indicator. This is a Technical Indicator that uses BB's, MACD's, EMA's, etc. The point is that there is a big chance that this is an awesome opportunity to buy some Chainlink (LINK). Hope this helps!
Safe trading,
-Pulkanator
Chainlink - Only a matter of time.Hello Link Marines!
This is my first ever publication on TD, so go easy on my analysis!
I've been a huge Chainlink bull for a while now because of the projects strong fundamentals. However, I'm not alone
when I say that the LINK token hasn't performed as we all would've liked.
SO with that being said, what do we do in times like this? Do we just sell our bags like 99% of the other paper handed
Jimmies out there? The answer is NO (not financial advice obv) , I believe the time has come to accumulate!
Ever heard of Dollar cost averaging? Perhaps the strategy with the highest rate of success!
I also want to note the team over at Chainlink Labs will rollout the highly anticipated CCIP + Staking updates.
Although naysayers will say these are priced in, I would say look at the log chart stretching back to 2019. There
may not be a better opportunity before these updates propel Chainlink back into the top 10 and possibly even the
top 5 in market cap rankings.
** Important to note that Chainlink's price action against both Bitcoin and Ethereum has taken a BEATING since DeFi summer
2020 thus presenting a low risk buying opportunity.
Also important to note Chainlink was one of the best performers of the previous bull market. Although this may not happen again, I still
thought it was important to mention.
Cheers Marines!
****Not Financial advise***** BINANCE:LINKUSDT
Bearflag forming on 4Hr Chart for Chainlink Look for a Break above $16 and a candle that holds above $16.50 to confirm break out during this bear flas scenario. Possible further retest of support at previous low of $13-$13.75ish at beginning bearflag formation
LINKUSD D2: DISTRIBUTION / 50% correction(SL/TP)(WARNING)Why get subbed to me on Tradingview?
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LINKUSD D2: DISTRIBUTION / 50% correction(SL/TP)(WARNING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
NOT a setup to SHORT linkusd . Just showing
signs of weakness and recommend to stay out
of this market into the pullback.
🔸 Summary and potential trade setup
::: LINKUSD D2 chart review
::: 50% correction warning message
::: very limited upside from here / WEAK BOUNCE
::: hit top / resistance of the bullish channel
::: also noteworthy divergence
::: price/ RSI div very clear on D1/H8 TF
::: distribution price fractal
::: re-test key S/R near 10 USD
::: expecting correction/pullback mode
::: correction required to attract
::: new buyers from the lows
::: 40-60% correction possible next
::: 4-8 weeks in Q1 2022
::: right now limited upside
::: position traders should wait for
::: better entry prices later after
::: correction MODE up next
::: be careful don't get caught up in this
::: also overextended right now
::: BULLS remain on sidelines and
::: be ready to BUY LOW later
::: recommended strategy: STAY OUT / BUY LOW LATER
::: TP BEARS is +50% gains
::: BULLS stay out until correction is over
::: BULL seek to reload near 10.0 USD
::: 10.0 USD strong / horizontal S/R level
::: correction run not over yet
::: good luck traders!
::: BUY and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/CORRECTION
::: Sentiment short-term: BEARS/CORRECTION
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