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LINKUSDT - REACCUMULATION PHASE FOR #LINK #LINKUSDT $52 TARGET!THE REACCUMULATION PHASE FOR LINK - ( Link Marines Assemblle) 4 Hour Chart Analysis After Making New Highs, we can see think has had a nice pullback and is now being Reaccumulated. Link is Currently in the LPS stages of reaccumulating After a Fake Breakout, and over extending back into the accumulation range. After 40 days of being accumulated again, link is in its final stages of this phase. It also retested the 0.618% Fib and over extended. I have a target of $52 for this next push for link. Stop Losses Below $28.50 the current swing low for anyone leveraging.
Long
by Moonseekers
4
Chainlink (LINK) to test previous ATH and Beyond 54% GainUpdate 05 /04/21: Chainlink (LINK) to test previous ATH and Beyond 54% Gain to 161.80% Fibonacci level @ $47. Since reaching a new ATH on the 20th February @ $36.84 Link has been consolidating in this range between 61.80% and 23.60% Fibonacci level ($30 to $24) showing significant profit takers in the market as we have seen the bulls try to push the price above the 61.80% Fibonacci level and failing to break past this key resistance level 3 times over the past 42 days. On the 29th March our Swing Call script triggered a strong buy signal just above the 38.20% Fibonacci level and we actually saw the price push past the key area of resistance for the first time since setting the new ATH . Since then we have retraced back down touching the 50 SMA (a clear fake out from LINK). From here we expect another test of the 50 SMA before the LINK can truly break out of this key area of resistance to push past the 78.60% Fibonacci level and a test of the previous ATH which we can expect to be tested @ $36.84. This run from LINK has been long awaited with a lot of solid fundamental news around the project. If we see a break above $33 we can expect a probable 54% Gain to the 161.80% Fibonacci level and our price target of $47. Be patient, wait for further confirmation from price action, use buy zone to map out your buys whether you are already in LINK and want to DCA or are planning to make an entry. Happy trading :) $LINK
KRAKEN:LINKUSDLong
by CryptocurrencyMagnet
4
LINK/USDT : Breaking above bearish trendline BINANCE:LINKUSDT Hello everyone 😃 LINK is breaking bearish trendline but it's not confirmed yet. We expect a retest on support line at 30$ then we can see a continuation for LINK. How ever Volatility is bullish now ! 🔴 There is a possible chance for fake-out here ! Don't any position without confirmation.. Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
40
Link targets $40 by the end of the monthThe chart suggests that link may need to undergo a minor correction towards the $25 - $26 mark within the pennant. Thereafter the coin may look to $40 - $41 or possibly much higher if altcoin season starts to cause large inflows into the lower market cap coins. The problem with coins like Link is that they can bounce really high very unexpectedly due to the fact that they have a relatively small market cap which allows it to double in 2-4 days. Its unlikely to see that happen in BTC with its current market cap. I don't fully understand the technology behind Link, however, i understand enough to know that it has a big future due to its utility. Long-term price prediction for Link? I have no idea but i don't think that its unreasonable to expect a 4X - 6x rise in price and hopefully a lot more within the next 12 -18 months. I own Link in my speculative portfolio (one of the smaller positions) and i intend on holding it for a long period of time. Its not the price that matters, its the potential utility. Please like and follow for daily posts on various asset classes. Please also share your views on the trading ideas and whether or not you find them to be of any value to you as a trader. Please note that cryptocurrencies are speculative assets which carry a very high degree of risk and any speculation in such assets can result in a complete loss of capital. This idea is shared for educational purposes only and should not result in speculative decisions in any digital asset.
COINBASE:LINKUSDLong
by JesseMorgans
🔥 LINKBTC 🔥 +50%What is LINK (Chainlink)? Chainlink is a cryptocurrency aiming to incentivize a global network of computers to provide reliable, real-world data to smart contracts running on top of blockchains. If you’re unfamiliar, smart contracts are agreements programmed to execute if and when certain conditions are met. To date, smart contracts have been used for everything from creating novel crypto-financial products to developing new crypto assets. However, an issue that has persisted is that most smart contracts need to rely on some kind of external data source to properly execute their terms. For example, smart contracts seeking to replicate bonds or insurance agreements may need access to APIs reporting on market prices or Internet of Things data. Chainlink was created to address this issue by incentivizing data providers (called “oracles”) to act as a bridge between blockchain smart contracts and external data sources. Every oracle within the Chainlink network is incentivized to provide accurate data since a reputation score is assigned to each. Further, when nodes follow the software’s rules and provide useful data, they are rewarded in Chainlink’s cryptocurrency, LINK. Arriving amid a crowded field of projects in 2017, the Chainlink team has so far been able to deliver on its vision, expanding efforts beyond Ethereum (ETH) amid a surge in market activity. As of 2020, Chainlink is seeking to support all blockchain-based smart contract networks. Users seeking to stay connected on the current development status of Chainlink can follow its official project tracker for up-to-date details. ** Do your own research And... never forget... "Buy low, Sell High"!!! See you Tomorrow!! Miguel
Long
by MiguelFTCurado
LINK - 6h. Buyers took the hit and are preparing for the $34-35The loss of the trend line by buyers on February 22 frightened LINK market participants. The wedge , which the sellers managed to break down, signaled a powerful impulse of the fall with the first target of $23 . We wrote about this scenario in our previous idea : However, apart from the spectacular exit of the price from the wedge, the sellers could not do anything else. As you can see in the chart, on February 28, the buyers organized a powerful counterattack , which is still not over. The main fight this month was in the range of $27.3-28. The sellers have already made 3 attempts to take control of this range and all failed. The momentum of growth on March 17 showed that sellers are quite weak at the moment. In two days, the sellers failed to show their strength. At the moment, the worst-case scenario is a re-test of $27.3-28. However, even in this scenario, the LINK price will continue to move in the white channel , which is controlled by buyers. Therefore, the test of the previous historical high is a matter of time. The main question is whether buyers will be able to update the high and continue to grow? Looking at the LINKBTC chart , there are all the prerequisites for this: If you are interested in seeing our global opinion on LINK - write in the comments "Global link" Happy weekend! _____________________ 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
20
LINKUSD Short-term buy signalPattern: Channel Up on 1D. Signal: Buy as the price bounced on the 1D MA50 (blue trend-line) and the 1D MACD is about to give a Bullish Cross. Target: 42.000 (the Higher Highs trend-line of the Channel Up). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> xBTala --------------------------------------------------------------------------------------------------------
BINANCE:LINKUSDLong
by TradingShot
12
LINK/USD - ATH Breakout PossibleIn the 4 hours chart , we see that the bullish trend line was broken downwards, but the price refused to continue to decline when the support zone was reached. After reaching the support level, the price made an accumulation in order to take morepositions before making a strong upward movement. Based on this, we can assume that the bullish trend is still ongoing and ATH is still the target for the market price and investors. If you like ideas like this, please like and subscribe to this channel so as not to miss another technical analysis . Write your opinion about it in the comments. I would like to discuss this with anyone. This is NOT a FINANCIAL ADVICE . This is just my point of view on the current situation.
COINBASE:LINKUSDLong
by GetSet
Chainlink currently in ideal Buy Zone 56% Gain back to ATHOn 4H Chart chain link has tested the 200 SMA and 50 SMA but there is no signal for a reversal in trend. This can only signify an explosive move back to the upside as the Stochastics are showing an extremely oversold market, further we expect the Bulls to come back in the market and for the previous push phase to continue. This buying zone at the 38.2% Fibs is a great entry to accumulate more Link at the current price level. 56% Gain back to ATH which we expect Link to test in the next 3-7 days.
KRAKEN:LINKUSDLong
by CryptocurrencyMagnet