LINK - desired five-wave buying scenarioWhat 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.
Linkusdsignals
Recovery for LINKUSDChart comparison Between Link and the earlier days of ETH
ETH went through a long period of being flat which is a possibility for LINKUSD
This pause period can be seen on the MACD as the bear cross
Recovery could be as earlier as it touches the 50MA or later shown by the comparison
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.
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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/USDT 1DAY UPDATE BY CRYPTOSANDERSWelcome to this quick LINK/USDT analysis.
I have traded my best to bring the best possible outcome to this chart.
Reason of trade:- LINK/USDT Triangle pattern create to buy the dip and green zone
Entry:- CMP and buy green zone
Traget:- 75% to 100%
Stop loss:-$8
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language
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LINKUSDT Next move (4H Time Frame 10%-20% Profit )Link comes up to only complete the double top .price will chase the buttom of the channel from now
Also Rsi shows us a powerfull divergence
this is just like the last link analyssis
in the middle of channel(around $24) there is a chance that btc will pump and make link bullish , BE AWARE.
always manage your positions if you see any sign of "bullish moves" make your trade risk free
feel free to ask questions or anything else.
GODBLESS
LINK SHORT to $12 Following is my analysis on LINK going SHORT in the next few days
1) The BLUE wave 1-2-3-4-5 went from $1.5 to $53 from March 2020 to May 2021
2) After great impulse comes correction A-B-C wave, markets are in correction mode for 2/3 of the time
Wave A retraced 78.6% FIB a perfect 5 wave down series in GREEN
Wave B is a perfect 3 wave series in ORANGE
Wave C should be a 5 wave series down so its right now doing sub-wave 4 in RED
In wave C the sub-wave (1) and sub-wave (3) are exactly of the same length so sub-wave (5) will be elongated so maybe 1.27 or 1.41 or 1.61
Wave C or sub-wave (5) in Wave C will end around $12.5 before it makes any move after the full correction
Summary :
I think LINK is going to short to $12.5 in the next few days before the market completes full correction and moves up
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LINKUSD Bullish IndicatorsLINK is showing bullish signs on the TSI indicator,
It has reached a point that previously was also the low point, it climbed back up from there
The opening of the 50,100,200 day MA is very bullish, Price when this MA formation is active loves to stay above the 50MA and just cruise upwards
Good Buy - Long