Chainlink
Chainlink Goes Bullish (Trading Above EMA50 | 35% to 144%)LINKUSDT (Chainlink) moved and closed above EMA50 23-March.
This level was tested as support right away, the next day and now we are seeing green candles above this level.
The RSI is at 60 while this pair just came out of a low...
The MACD is already bullish...
Chainlink vs Tether can also grow.
You can find more details on the chart.
Remember to do your own research before trading.
There is always risk involved.
This is not financial advice.
Namaste.
45% drop coming for Link? None's readyYeah, I am a Link bull but I would be a poor trader if didn't consider the possibilities and didn't allow for the chart to show me what it could be doing.
My theory is that Link could be in a descending channel with a bottom back at Dec 2020 bottoms at about $8.60. I could see Link starting to tank over the next two to three weeks. And then around mid April see a turnaround that will break us pass descending line of resistance (yellow) retesting the bottom line of support/now turned resistance (orange). The measured breakout of the descending channel puts us exactly at the orange line of resistance.
The money flow index is topped out on the daily and showing hidden bearish divergence. The Stochastic RSI looks like it put a double top on the daily and is now curving down.
Ofcourse, it could all be invalidated. If we break out of this channel comeback to test as support and bounce then its invalidated and were most likely heading higher. But I just wanted to show you what I'm seeing.
Long for CHAINLINK is good for RR!LINK is running in a pretty channel right now. In 1 hour chart, it's getting oversold faster,
means, Link is creating a hidden bullish divergence. Wait for better price to get maximum profit!
MAS CUAN & dr. Profit
Entry: 15.50 - 15.45 - 15.20
SL 15.00
Lev 10-25x
TP 1: 16.1
TP 2: 16.7
TP 3: sekenyangnya
Good luck and DYOR!
Chainlink: 3 Bullish Signs#LINK #Chainlink has been dormant and bearish for quite some time. There are a few key things to note:
1. Whales are increasing buying of the token
You can visit www.whalestats.com to see the top ETHEREUM wallets and what they are purchasing/holding, many are starting to acquire LINK
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2. Selling volume decreasing on the chart with trapped sellers
This trading range has been going for quite some time yet the sellers were not able to secure a successful downwards breakout
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3. Fitting Wyckoff Schematic quite nicely
The Wyckoff Schematics help us identify the different between Accumulation and Distribution Trading Ranges - In a Trading Range the price Zig Zags up and down until eventually a breakout occurs, using the Wyckoff Accumulation Schematic we can see there are some clues in the similarities of the chart and the schematic that tell us LINK may be ready for a test of the upper bounds of the Trading Range.
MATIC , Overall bullish ✅MATIC
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Matic also entered the correction from the price of $ 2.8 in the whole market and continued the correction up to 1.3
But it is currently located near one of most important support areas
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It is also involved and trying to break own downtrend line
This level is expected to prevent further correction and break the trend line soon
This is an analysis and there is nothing definite and we are considering an uptrend scenario based on more probabilities.
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All supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help .
⚠️ This Analysis will be updated ...
📊 #MATICUSDT ( Matic )
💹 Time Frame : Daily
🔵 Personal Opinion :
🎯 Next Targets : $1.53 — $1.61- $1.8
👤 Saeid.Mahbob
📅 15.Mar.22
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
#btcstarburst Hope for the Moon!!Things are looking Bullish… That doesn’t mean anything today. Tomorrow could have blood on the streets or 10k green candle. Right now we did jump in a new channel. If we can stay in it that would be awesome the purple broken lines are the top and bottom of the channel… The Gann study is hard for most people to understand… All lines are support and resistance. They will become support once broken and verified. Breaking 49k seems like it might be a major challenge IF we are going to the moon… DCA safely remember its your property
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
EOS,LINK - Similar MACD Formations Requested one for EOS (this is all I could make of EOS, the price action is very strange) the price for EOS although is low and enticing.
It can be seen that the MACD's on the weekly between EOS and LINKUSD are comparable, they will probably recover from this bear patch in the same way.
[LINK] 5-year fractal projection to $1000This graph shows a rough estimate fractal representation of what would happen to LINK if it repeated its history with a "depressed" lengthened cycle of 1 year and diminished returns by half. It's basically a slightly more conservative projection compared to last bullrun.
I believe this scenario can happen if the whole crypto market reaches 20Trillion+ and Chainlink can consolidate inside the Top 10 with an independent bullish move.
LINKUSDT, Did you took this amazing position ??Hello everybody
Did you bought ?? or took long position ??
According to the chart and last analysis that we publish we shown on chart that the price made 2 triangle and this become more powerful that the price wanna have some rises price to the resistance zone level and exactly this scenario was happend and now we are in the way to reach to the target that we update and shown on chart .
Dont forget observe capital manaegement and use stop loss.
Previous analysis :
If you have any question or need any help , send us messages
Good Luck
Abtin
$Link : Bullish Soon?Chainlink is trading inside a falling wedge in the daily timeframe. RSI Showing sellers losing power. Breakout may lead to targets like 16 18.1 20
Chainlink will moon in April! 🚀Hey Traders,
As you can see on the daily candles of Chainlink ($LINK), the price action has formed lower highs and lower lows symptom of a falling wedge pattern. The Fibonacci retracement level (.618) also has the same price level as the falling wedge breakout. The price target out of this pattern is $22 (+58%). Meanwhile, the Momentum Oscillator (RSI) is forming a BEAUTIFUL bullish divergence! A long position of 2-3x would be guaranteed 2x gains!
Safe trading,
-Pulkanator
LINK/USDT - descending wedge and level BREAKOUT!Link is like most cryptocurrencies in a downtrend, but on the chart there are patterns for a long.
The descending wedge is an good long pattern on cryptocurrencies.
The key level at the moment is $11.40. A false breakout of this level would be an excellent opportunity to take long positions with a short stop and high RR.
Also, with a squeeze, a breakout of wedge without false breakout of level is possible, so subscribe to not miss updates.
Possible targets for this move are $15 and $20!
Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU!
P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
ChainLink - Watching For A Breakout 👀ChainLink hasn't moved much since our last post. We appear to be in a descending correction we know descending correction = bullish reversal.
We just need to be a little more patient for the breakout and once it comes (and it will come), it'll make all the waiting worthwhile!
A good indication that we are almost about to reverse is that we are in an abcde descending correction and we're on the final e wave.
Trade idea:
- Watch for a strong breakout. Use the red descending trendline as confirmation
- Once price action appears, enter with stops below the lows
- Target the recent highs as first target and HODL the rest as we may see the next big bull run
Goodluck!
LINKUSD 13.36 - still testing - Watching for Break - Seeking 7I like lINK as a project. I am learning this as i go, and it is useful, that it seems i need to continuously recount. It does enable me to find more connections along the way. Im not sure of the social response aspect. But Link is like little digital suit wearing personal assistants. I don't see a reason why this sector would be single chain dominant. Id say it's more like little service companies for value trace and transfer.
BTC , Breaking down !?⚠️Bitcoin
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The downtrend does not seem to be over yet and it seems that the price is still tending to go to the 30k level!
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In the previous analysis, we expected the price to improve from 45k to 40k and maintain this level
But that did not happen and the 40k level was lost again with very high selling pressure
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It is no longer expected to be able to break this level
Lower Targets 36.6k
Will be 34 and 31k ..
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All supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help .
⚠️ This Analysis will be updated ...
📊 #BTCUSDT( Bitcoin )
💹 Time Frame : Daily
🔵 Personal Opinion : SHORT
🎯 Next Targets : 36600 — 35200 — 33k
👤 Saeid.Mahbob
📅 6Mar.22
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️