LINKUSD
If ever there was a better time for LINKSo there are so many Crypto coins out there and we have a vast number in our portfolio which we will surely begin to reveal as time goes on.
We missed the $2 to $20 (10X) in the summer of 2020, caught the $7 to $36 (5X) from Dec 2020 - Feb 2021 and made the mistake of thinking of how amazing of an achievement it was to get to $36. This lead to us missing the move from $23 to $52 from Feb 2021 - May 2021.
This year will be very different!
Barring Green Vector candle wicks down at $12.58, another weekly Green Vector down at $4.50-$7, there are no real reasons Link should plummet. Of course aside from the fact that any coin can retrace 90% of its all time high when a Bear market hits
For last year After Jan+ pump, Link has not been below $13. This is a ll a good sign and if we target a prudent 4X from July 2021 lows we are looking at a more than achievable $53 per coin. How do we know this is achievable? Because that way the high of May 2021.
We have DCA bought every time price came near $13,$14,$16 and now are $10+ up but we will be holding the full bag on this one to close half at ($52) as we think we can hit $100 this time around and who knows maybe go and do another BNB
The chart is set up in rocket formation with a nice Blue Vector candle at the low in the weekly TF
Watch this space!
LINK - holding nicely despite fear on the marketThe current Coin Market Cap ranking is #17, with a live market cap of $12 billion USD.
Despite recent dump, fear etc. on the market LINK is holing well. My chart setup is practically untouched for months now.
W support is clearly great buy area, and current resistance in correlation with BTC dump is too strong in short time period.
In my bearish outcome LINK could retrace to W support level ( approx. 30% down form current price) and if BTC dumps even more it may happen.
LINK is one of my longest holding and despite small ROI in crypto space I'm not planning to sell it any time soon.
On picture in comment you can see LINK Circulating Supply chart which finally shows that new coin inflow is paused (from team probably).
In bullish outcome I expect LINK to breakout upper trendline during February.
LINK long set up$link #chainlink looking juicy. Ascending triangle and double bottom breakout. Could play this to the weekly double bottom neckline or to Ascending triangle PT of $29. Red lines are LTF resistance levels to watch.
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Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Don’t force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Don’t enter a trade based on one indicator.
10. Horizontals > Diagonals
Please note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!
LINK Chainlink: Patterns In MotionHello friends, today you can review the technical analysis idea on a 4H linear scale chart for Chainlink (LINKUSD), a cryptocurrency.
The chart is self-explanatory. This is a short-term chart with two bullish patterns (Descending Channel and Double Bottom Pattern) showing potential for upside. Though bullish, volume has dropped and Chainlink may be dependent on where Bitcoin and Ethereum are headed as those two cryptos are largest in the space.
Additionally Shown: Ichimoku Clouds, RSI (Relative Strength Index), Stochastic RSI (Stoch RSI), Fibonacci Retracement, Support and Resistance Trendline, and Volume.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
As the year is coming to an end and holidays are almost here. I want to wish my friends Happy Holidays and ready for an exciting 2022! What are your thoughts for the coming year?
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
LINK/USD - Rally to $28, then maybe $38!Link had a fantastic rally in the past week. However, the price is quickly approaching a key resistance.
Key Support level: $23
Key Resistance level: $28
After a bullish cross on the daily MACD, LINK entered into a sustained rally with great volume, which has catapulted the price over $20. LINK turned the $23 level into support and is now eying the next key resistance at $28. It is unlikely that LINK can break that level on the first try, but momentum remains strong and favors bulls.
Technical Indicators
Trading Volume: The sustained volume has put LINK back into the spotlight as the price moved higher. There is no sign of weakness, and the momentum is clearly bullish. This may change as LINK approaches the key resistance.
RSI: The daily RSI is moving higher fast, and at this rate, it can soon enter the overbought zone. This is not a concern right now, but it will become important once the price hits the resistance.
MACD: The daily MACD has been bullish for a while, and now it also completed a bullish cross on the 3-day timeframe. This is significant and may indicate that the cryptocurrency is due for a sustained rally even beyond the current resistance.
Bias
The bias on LINK is bullish. The strong volume and price action support this case.
Short-Term Prediction for LINK Price
LINK managed to surprise the market. The current rally may continue for a while, and the big test will come once the cryptocurrency approaches the key resistance at $28.
Chain Link Daily TA : 01.05.22 : $LINK🟡 Results so far (HH) : +21% 🔥
Well, according to the previous analysis, as you can see, the price hit the our first target so far and it has brought us more than 24% Profit . Amazing , Isn't it ??
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 05.Jan.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Chainlink wants to MOVEChainlink has been in a downtrend from almost two years (522 days).
- Chainlink is arguably one of the most undervalued altcoins, next to Litecoin
- Chainlink will bridge the gap of traditional finance/banking to digital finance/banking
- $LINK could go to $1000 this season
- BTC.D is at a low (39%)...
- Chainlink is breaking out of resistance
- RSI is currently overbought so expect a slight pullback before continuation to ATHs
- MACD confirmed bullish cross last week which led to this PA
I fully expect link tp hit $50 in the next month. It has broke resistance, downtrend, and is currently stealing the show. Chainlink's applications make it a STRONG investment in the FUTURE of finance.
IS LINK ACTING AS A LEADING INDICATOR FOR ALTCOIN SEASON?
NFA. DYOR.
Good Luck,
- Mr Bitcoin Baron
LINK/BTC. ChainLink Strong Bullish Signal 60% and 3x Targets.This is a trade I've been anticipating for a long time. ChainLink is finally showing signs of reversal of the bearish trend that lasted for a year and a half since August 2020. ChainLink has been consistently outperforming Bitcoin. I expect ChainLink to climb 60% by February 2021 and to triple versus Bitcoin by July 2021. If you consider that Bitcoin itself will double in price by July 2021, then ChainLink would 6x vs USD by that time.
Be mentally prepared to lose about 25 to 30% of your capital on this trade. Set a generous stop loss and do not risk an amount that you cannot afford to lose 30% of. But whatever you do, do not ignore setting the stop loss. Watch the video for more details and good luck.