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LINKUSD

(CHAINLINK) The market dunce with enormous potential.. Hello everyone ! Today H₿ Capital is analyzing LINK based on a « 2 Weeks » chart 📈 
 What we can see : LINK has been one of the worst player during the last 12 months regarding its performance….. Worse than some Stock assets too… Very very disappointing for Hodlers (like me). By the way, LINK is one of the strongest fundamentals token in the market right now. You cannot ignore the following : CCIP + Staking to be released this year + Eric Shmidt who joined the Chainlink foundation as an Advisor (ex CEO of Google 2001-2011). Technically: - LINK is progressing into a descending triangle (trend continuation pattern) - It seems that we are actually in a « flat » ABC correction (to be confirmed soon with the 2 weeks candle ended this week , which could print on the chart a nice double bottom figure) - Our white trend line act as a support for prices and this one must hold… What we can expect : - If prices failed to hold the white trend line + break the triangle support line (where prices are right now) we can expect Link to reach the 8$ area…….. - If prices manage to hold our white trend line + break the triangle with conviction, we can expect the following : Triangle Breakout : Target 1 = Distance between the mouth of the triangle added to te breakout Target 2 = 100% extension of the first impulse move Triangle Pullback : Target 1 = Distance between the mouth of the triangle added to the pullback Target 2 = 100% extension of the first impulse move Trend-based Fib extension : 1.618 = 86$ 2.618 = 131$ 3.618 = 176$ IF YOU LIKE THIS POST, FEEL FREE TO LEAVE A LIKE AND FOLLOW ⭐ H₿ CAPITAL ⭐ 
 MAY THE CRYPTO BE WITH YOU GUYS (D.Y.O.R)
by Hector_Bienvenu
IS LINK PROCESSING A CHAIN REACTION ???Happy New Years! fellow traders. Today we consider the trading pair, LINK/USD From the chart above we can see LINK price is in an ascending channel, tho not the most parallel one to the eye, but it fits. Taking a look at our RSI, each time value entered the oversold region, a bounce occured right away, also aligning with price returning back to channel support and bouncing as well on each correction wave. Currently in it's wave 4 correction wave, Price seems to have bottomed out, tho currently below channel support!!! Should price fail to close a candle inside the channel, Downside is $13-$10. However, if we do succesfully reclaim the channel, which i think we will, we will most likely see $200 Link, earlier than anticipated as well. If you agree with this idea pls leave a like as well as your thoughts in the comments section. As always, feedback is appreciated.
COINBASE:LINKUSD
by RektMyMom
Is LINK back from death? ☠️Hi everyone 👋🏽 🕊 Wish y'all have a profitable lifestyle 🍀 📌 LINKUSD- weekly Time Frame - Candlesticks 📌 W Pattern - Elliott Wave - Support Resistance zone - Double Bottom 📍 LINKUSDT is showing us some bullish signs after a very long boring correction moves 📍 We are in a very important support zone at the moment and I personally think that price is not going to break this level easily based on : 1- The double bottom pattern that chart has created 2- The possible W Pattern in weekly time frame 3- Fibonacci retracement 0.23% 📍 Chart has also created a very huge asymmetrical triangle (which is also a bullish sign) ⚠️ However, if the price does not hold this very important support zones we will see the 7.9$ - 8.45$ support zones 👉🏼 A very safe entry will be breaking the triangle: ⚠️ I do believe that we may see another retest of the current support zone after the retest of the triangle 👉🏼 Meaning that 27$-28$ price zones can be a big resistance level 📍 We do have a potential bullish RSI divergence in weekly and daily time frame which can be a confirmation of the W pattern. 📝 If you compare LINKUSD with BTCUSD during Feb - mid May you can figure out that LINK has done a better job, this time it may also happen. THIS IS NOT A FINANCIAL ADVICE PLEASE DO YOUR OWN RESEARCH BEFORE TAKING ANY SELL OR BUY POSITION GOOD LUCK NP TRADER
Long
by C_EWAVE13
5
LINK aiming to retest $23LINKUSD is currently trading around $22.70, up 5.5%, above average when compared to BTC and most of the altcoin market. We have now completed what appears to be a nicely formed W pattern on the 1h/2h/4h charts. Forming since yesterday, it confirmed earlier today as the European markets opened several hours ago after retesting the $22, which aligns perfectly with the lower market support band (20w ema low). Our last major move was the rejection of the upper market resistance band at $28-$29 (FIB golden pocket & 20w ema high), followed by a failure to hold the the bull market bands (20w ema / 21w sma) as we came back for the retest. Let's look at the longer timeframes, measuring out probable direction using Fibonacci based Gann fanns. Market makers appear to want to retest $23 today, which would get us back over the critical 50h ema. If rejected there, we know we're in for at least a second retest of the $22 levels, but more likely even lower since a failure there would indicate the current W pattern has failed so market makers want to bring the price lower. If accepted and we push through $23 and hold through 2 or 3 4h candles, I believe we could see a continuation towards $24.50 - 25.50 range, for a retest of the bottom side of the bull market support bands about 10% higher from our current levels. No matter, I expect a retest of the $23 before we know with a high level of confidence that the current movements are supporting a larger move to push back through the key moving averages and re-initiate a sustained multi-week trend to the upside (ending the multi-week trend to the downside). If we don't come back for a retest now, trade carefully, it's possible this push is nothing more than market makers working to get better prices for a short play they'll execute sometime over the weekend or early next week. If we can continue to push higher, we might have a similar situation play out with the Bollinger Bands as we have seen in the past where once we touch the upper band, we continue to ride it closely, pushing it higher and higher for many consecutive (30+ days) before being squeezed back down. Summary: Major areas of resistance within immediate reach are at $26.5 (VPVR volume peaks / interest) and $28 (FIB golden pocket), which we must overcome and turn into support before we can move higher. On the downside, $22 has acted as strong support for the past week, which aligns with both the major areas of interest (VPVR) and a key moving average (lower support band, mentioned before). If we come back for a third test at $22, there is a high probability the market continues to favor shorts. A quick look at the Heikin-Ashi candles before I go... reminds us to not get too excited yet. We're still trending down... and the trend is our friend, until the end. Don't get liquidated folks! Make sure you've set your stop losses and buy-limits!
COINBASE:LINKUSD
by calmrat