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LINKUSD

ChainLink issuesRight let me first say that I'm bullish long term for chain link, buying chain link since 2019 and it's done amazing since then but let's face the facts , it lost a lot of its strength. For whatever reason Chain Link has lost its strength , it no longer moves independently from most of the market like it used to. Why? I have no idea , I don't look at the news or developments or upgrades just the charts and the chart is bullish but targets for this final leg are much lower now. For years Chain link was in this amazing parabolic channel but since July 2021 when it closed its first weekly under the support its been struggling to get back in and stay in. We got back in for 35 days before falling out September 2021 and then sadly flipping support as resistance , for 8 weeks we couldn't even close a weekly above it and have had to drop down to a lower multi year support line that was created with following reaction events marked in yellow circles. If Chain Link was in the parabolic channel at this moment it would be 45 Dollars and my previous targets of 200 dollars would be intact , now I think Chain Link will most likely top out anywhere between 93 and 116 dollars at 3 or 4.618. Personally I think it tops out at 93 dollars at the 3.618 and hits the top of the parabolic resistance channel (Red circle) on May 23rd 2022. If you want to know why May 23rd 2022 check out my TA below . Finishing on a bullish note , the RSI is at historically low levels for Chain Link.Hopefully I'm wrong with this one and Chainlink pulls off a 900% move to 200 dollars.
COINBASE:LINKUSDLong
by Sporia
3
LINK - Entry timing and TargetsBYBIT:LINKUSDT 4H trend chart - LINK has broken out the triangle. And we can set this strategy with good R/R ratio as below. - Profit Targets: a) 22.521~23.170----Fib(1.272~1.382) b) 24.561----Fib(1.618) c) 26.813----Fib(2) Stop losses: a) 18.873-----Red horizontal ray - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Long
by EthanTW
2
LINK on long term trendlineLINK is moving on long term trendline which proved to be strong in the past. Above $20 level, LINK should get more strength, opposite, below trendline, the price will turn bearish. It is trading from oversold position, which is good entry point for accumulation. RSI momentum indicator is rising and closing on 50 level, indicating bulls are gaining on strength. MACD is also picking up, although still in negative territory. Intraday chart is still choppy and I’m waiting for a breakout on which I will take long position.
Long
by Tilen_tradershub
LinkUSDT is bullishHi, Since 3 or 4 days I'm starting to see sign out possible bottom. so potential signals to buy on 12H and on Daily time frame for multiple cryptos. Usually signals like that result to relatively big move : 50%, 150% or more. And sometime respectable 20%-40% moves. Here is one example for LinkUSDT Bullish on 4H, making High High and Higher Low, with a easy manageable risk under the last low at around 17.900$ - RSI is moving above 50 - Stochastic have crossed up from a lot point : around 25 - A manual trend line, that I had draw, linking 3-4 tops, have been broken on the 18th of December. I think it can move up to about 22.3$ - 23.0$ (20%) The 0.5 retracement Fib Level from 36$ to 17.5$ is at 26.5$, so maybe Link can go higher... I'm not sure if cryptos will go back up fully from here, but I think, there is a good chance that a lot of them can move up about 20% This is just a personal idea, not a financial advice.
Long
by danywaystrige
Chainlink is just different. Hi guys I made a quick time line to demonstrated the historic reaction and growth of Chainlink during world events. this exercise was made to prepare us for a worse case scenario 2022. Im talking about a war with Russia, inflation and a housing crash. yes being prepared for worse case is like being set up for best case. Why link world events with chainlink, because the crypto market seems to react to any bad news just like the stocks. My short analysis: Chainlink seems to have a bull run every year since 2017 (inception) with an ABCD pattern. look to the chart for details. However, what interests me the most is the famous 70% give or take crash that link has every year after reaching the peak. Is so consistent that even during covid-19 (A total world disaster) chain showed some resilience and had an early ATH before BTC. However.. boom another 70% crash. Link does this every year. What now? Yes, I get it, there's a lot of fud going around and the fear index dosen't look great but I believe chain is just different and the ETH whales tend to scoop their profits and allocate some to link every year. Take away: 1) I'm expecting the same pattern after a long consolidation to occour taking us at least all the way to $140. 2) We will have another 70% crash and then repeat. 3) Link might go all the way down to $8 (who cares, I will definitely buy more) 4) Good knows what Eric Schmidt will bring to Chainlink. People seem to forget he was one of the top 5 most important CEO of 2001-2011 and carried on helping Google even during recent years. So he has great experience, great knowledge and he's network is just crazy. SO! this is a massive A+ for chainlink labs. 5) We are in the strong buy zone. Main take away Chainlink is in a bear market. It has been here since May. Im not a day trader, Im a long term investor. I hope the above helps and would like to know what you guys think about my idea. Thanks Faris View.
COINBASE:LINKUSDLong
by Farisview
6
Long term support crosses over medium term falling wedgeLong term support crosses over medium term falling wedge formation. Having broken out of wedge, price action indicates a test of support on this “wedge” ceiling before rallying higher. Murphy’s Law states that it will go lower. Perhaps one or two more tests of the wedge-ceiling-turned-floor? When you see someone hyphenate 4 words together you should know: This is not financial advice :) And even if only for entertainment, it’s darn interesting seeing how these support/resistance trend lines meet up with the candle sticks over longer periods.
BINANCE:LINKUSD
by noah230