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Chainlink

History Repeats Itself with LINK?I have two different trading channels highlighted on the chart. The first predates the post-corona bull market. The second shows a long period of consolidation on the Chainlink weekly chart. The first channel lasted for a year before LINK exploded to ATH over $50. The second channel marks a year in May 2023. Chainlink has completed a full market cycle and if this period of consolidation matches the last one, we'll see some explosive moves upward from Chainlink sometime in the next six weeks. This upward move should find resistance at the 200MA, but that will also come about 2x from the current price point. Enjoy, NFA.
BINANCE:LINKUSDLong
by ChartswithChip
$LINK Accumulation Range Crypto and a fave of mine, Chainlink . $LINK has been in a range for almost a year. With crypto in general moving up in Q1 of this year this is one to watch. There is a diagonal resistance from Aug 2020 on the horizon. Diagonals over a long period are ones to watch and a flip here could see buyers rush in. This is probably a good place to accumulate but if you want to wait for a breakout to trade, you have two areas: 1. The flip of diagonal resistance 2. Breakout from the range top. Link is definitely one to watch.
by Zeahl_Capital
1
Big Chainlink Move IncomingChainlink has been trading in a range for over 322 days. However, despite this prolonged period of sideways movement, there is an exciting development taking place in the background. Massive bullish divergence has been forming since July 2022, when the histogram changed color. Over the past thirteen 3W candles, momentum has been slowly building, culminating in the first ever 3-week bullish cross last week, even as the price has continued to decline. This type of bullish divergence is typically a precursor to a significant move, and the longer the buildup, the bigger the potential move. A similar pattern was observed with NOIA, and it resulted in a massive move Chainlink's potential move could be volatile, considering that the last time it moved up from this exact price range, it gained 200% in just 20 days. Additionally, a triangle pattern seems to have formed within the range, which is typically very bullish, especially when lower highs are consistently being made on the daily chart. A similar triangle pattern in the past pushed LINK to the top of the range, forming an ascending triangle that eventually took it much higher. While the LINK/BTC chart has not been as hot, a break of resistance could be a positive development for LINK. Overall, this could be an excellent time to enter a long position in LINK and ride the potential move until June 2023.
Long
by Sporia
4
✴️ ChainLink At $10 Is Easy, Success, 5 Steps Pattern & MoreFirst, we can spot the exact same 5-step pattern just explained in the Cardano (ADAUSDT) trade idea. (See 'Related Ideas' below if you want to know the details). Second, ChainLink looks really strong above all moving averages, the only one missing is EMA300 but this shouldn't be a problem. It's been a while. We are now 3 months into 2023 and while we experienced some really nice growth in January the rest has been just consolidation nothing more but, we can take the good out of this. The fact that we have consolidation while bullish, consolidation at high prices, sideways but no drop is a strong bullish confirmation. Months of sideways, little down then back up... We know a higher high comes next and this also strengthens the bottom hit June 2022 and this is great for us, long-term growth. We have the entire year 2023 to prepare, to get our act together, to wake up and dust ourselves up from the bear market of 2022 and late 2021. The preparation phase is long and we will have a full 2024 of green, which is great. We have so much time to prepare, we know before hand exactly what will happen, it is impossible to miss this upcoming bullish wave. 2025 will be mixed like it was with 2021. Massive bull-runs followed by strong corrections and then the start of the next bearish cycle. Just experiencing the first three months of 2023 lasting forever makes it sound like 2025 is so far away... It is indeed far but just right around the corner if you lose focus that is... Prepare! Opportunities are endless but it is better to take action now than to wait another day. The preparation phase is developing a plan. Developing a plan is simply setting some goals, that is all it takes. Together with my charts and the information shared, you can go from nothing or small, or good, to amazing in the months ahead. Tell me, let's be honest, how did it go in the first wave? January 2023? Where you able to sell while prices went up? Did you make some mistakes? That's the beauty of being early... If you did it right, great, if not, we will have more opportunities but to be able to take them we have to accept and learn from mistakes. Next time set your sell orders on target BEFORE-HAND, invest in yourself, in your tools, study and know that abundance is a state of mind... So focus on your mindset. Think long-term, growth, health, wealth, freedom, love and success. If you trade with these goals in mind, life will take care of the rest. Namaste.
Long
by AlanSantana
1
CHAINLINK Loves JUNE / JULY 🚀Hi Traders, Investors and Speculators of the Charts 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. When it comes to macro trends and cycles or phases; I prefer to make use of fractals and probability. (I'll do a video on probability at some point in the near future, stay tuned!) I've done a number of updates on LINKUSDT. It's of particular interest to me because it has lagged in the sense that it's still consolidating. Consolidation is a "bullish" sign, because after consolidation comes the next rally. Considering that LINK rallies almost EVERY YEAR during JUNE - JULY, there is a high probability that this year will be the same, especially considering the extended consolidation phase. I'm not saying the price won't go up before then but it's certainly a month to keep your eye on. Don't forget to check out the latest updates on Bitcoin, Cardano and XRP ! _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
38
#Chainlink in a $3 Range, Strong Liquidation Line at $7.6Past Performance of Chainlink Chainlink is in a broad range, trading inside a $3 range with recent highs posted in February. As the token picks up momentum in March, prices are still limited to the upside, trending below $8.2. It will require bulls to push above last week's consolidation and $7.6 for a new trend to emerge. #Chainlink Technical Analysis Chainlink prices are choppy, looking at the daily chart. While buyers are steady, soaking in selling pressure, a substantial, high volume must be close above the current consolidation. In the meantime, resistance is at $7.6, with immediate support at around $7. The leg up from mid-March may help drive prices higher. However, volumes have been decreasing, a concern for buyers. Even so, if there is a breakout, LINK may retest $8.2. Conversely, a dip below support may see the token contract to $6.6 and even $6 if sellers press on. What to Expect From #LINK? LINK prices have been held in tight ranges, mostly consolidating over the past few days. The expansion from December defines the current trend, and LINK must hold above $6 in the medium term for the uptrend to be valid. February highs present a critical resistance line. Resistance level to watch out for: $7.6 Support level to watch out for: $7 Disclaimer: Opinions expressed are not investment advice. Do your research.
by Bitcoin_Analyzer
LINK - 4 Phases YOU Should Know 📉Hi Traders, Investors and Speculators of the Charts 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. The markets are currently taking a breather after upside price action and this is typically where we expect altcoins to shine. Chainlink is particularly interesting to watch at this point since it has been trading range for an extended period of time. This is bullish according to the Wyckoff Method Analysis and other market cycle- or phase analysis'. This chart presents an easy guide to market cycles considering the moving averages and the macro perspective. Can you guess what phase we are currently in and what comes next? 🔥 Here's another altcoin with great upside potential that you may not have heard of : Shirtium _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
44
Chainlink (LINK) forming bullish Gartley for upto 12% pumpHi dear patrons, hope you are well and welcome to the new trade setup of Chainlink (Link). Previously I shared a long-term trade setup for LINK, which is till in play as below: Now on a 4-hr time frame, LINK is about to complete the final leg of a bullish Gartley for another price reversal move. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333
To finish long sideways and ascend...Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (LINKBTC 1W Chart) -------------------------------------------------- -- (LINKUSDT chart) ------------------------------------------ (LINKUSDT 1W Chart) It has been showing sideways movements around the HA-Low indicator for quite some time. Accordingly, it is expected to show an upward trend in the near future. (1D chart) If price holds above 7.601-7.820, I would expect a move towards 9.869. If not, you should check for support around 6.698. Therefore, it is important not to fall below the downtrend line or 6.698. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
by readCrypto
4
Beyond Defi:How Chainlink is Revolutionizing Blockchain's FutureChainlink has been making waves in the Defi space for some time now, and for good reason. As a decentralized oracle network, it serves a critical role in the functioning of smart contracts, providing reliable and accurate data feeds to enable the automation of complex financial transactions. What sets Chainlink apart is its extensive network of nodes and oracles, which allows it to tap into a wide range of data sources and ensure that the data it provides is of the highest quality. This makes it an indispensable tool for Defi protocols that rely on accurate and timely data feeds to execute their functions. Furthermore, Chainlink has gained significant recognition and support from a variety of high-profile institutions and organizations. This includes the World Economic Forum, which has designated Chainlink as a Technology Pioneer and recognized its potential to transform the financial industry. Given these factors, it's no surprise that Chainlink has become one of the most popular investment choices in the crypto space. Its strong fundamentals and growing adoption within the Defi ecosystem suggest that it has significant room for growth in the coming months and years. As such, if you're looking to diversify your crypto portfolio and tap into the potential of decentralized finance, it may be time to seriously consider adding Chainlink to your list of investments. Price Targets Target 1 : $8.10 Target 2: $10.66 Target 3: $29.96 I expect all these targets to be hit within the next 6 months Chainlink (LINK) is a cryptocurrency that provides a decentralized oracle network that enables different blockchains to communicate with each other through cross-chain interoperability. The technology provides secure cross-chain applications that allow data and tokens to move across cross-chain smart contracts. The cryptocurrency has shown a strong bullish trend, and the technical analysis indicates potential price targets of $8.10, $10.66, and $29.96. Moreover, the blockchain-agnostic oracle network has the most widely adopted oracle network in DeFi, providing the highest quality data that is resistant to manipulation. As blockchain oracles continue to reduce switching costs and meet security requirements for enterprise use cases, Chainlink is in a strategic position to benefit from the blockchain technology's adoption by global enterprises and governments. Certainly, here's a more technical and detailed response: In order to arrive at the proposed price points, a rigorous methodology was followed which took into account a variety of factors, including but not limited to market analysis, and future potential for adoption. Specifically, a thorough analysis of current market trends and consumer demand was conducted in order to identify the optimal price points.
Long
by Helios_Capital_Investment
CHAINLINK: $LINK Accumulation✅My biggest 2023 position is $LINK long, bought multiple times in this range since weeks. Anything below $6 is a good-buy IMO. A breakout is incoming once economic data shows soft-landing signs while FED starts to cut interest rates. 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. This is valid unless the price breaks below this accumulation range! My SL is 5% below this box's support. I will keep updating this trade here, make sur you follow me to get alerts!
Long
by dogofallstreets
LINKUSDT looks bearish now (NEW)LINKUSDT looks bearish as the price has created lower highs due to getting rejected from the downsloping resistance. Currently the price is sitting on the support where we can expect a bounce towards the downsloping resistance. However, if it keeps getting rejected and the key support fails, we may see lower prices. How to trade: Enter short at the resistance. Take profit levels, stop loss and the final target are shown on the chart. Take profit levels can be considered as buy levels if you're DCAing into LINK. Good luck
Short
by vf_investment