CHAINLINK Follow Up #btcstarburst What is more likely we break through to the upside… head toward $25… rejection head down to around $15.5… possibly fall through heading toward $9.60… Again sometimes this would be a Project play… if BTC holds steady and continues to the upside… I cant see the break down to $9… Just because people say BTC is coming down, you have to laugh… BTC will spit in your face when it wants to and shoot off like a rocket or jump off a cliff and take your money…. Looking at this chart If… That’s a big if chainlink breaks down to $9.60 accumulation DCA Safely… But that would mean we had a major pullback in the market again… DCA everywhere SAFELY… REMEMBER you get RICH in the Bear market!! The time will come to sell CHAINLINK is Undervalued… $300+ at some point… This is a GANN study Jon Fiorucci
Chainlink
LINK LiftoffChainlink is looking increasingly bullish after breaking above 17USD resistance.
In addition, these re-tests have also been getting added support from the H4 20 EMA (exponential moving average) which is now below current price (bullish).
Should Bitcoin continue hovering between the range of 37K USD to 40K USD, then Chainlink breakout levels place the next level of resistance around 21USD.
SUPPORT: 16.50 - 17 USD
RESISTANCE: 21 USD or Higher
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Link Lookig for a Run!!Chainlink has felt the bearish pressure from throughout the market, we came all the way down to about 13.42 at our 0 FIB level but have since made a strong recovery to the upside! We are currently trading inside of a bullish triangle with a forced breakout happening in aprx 3 days, this means if we don't see a breakout in the next couple days we will be forced outside of the triangle in either direction. Looking at our pivot points we saw strong support at the S1 level and our next target is definitely going to be the bullish pivot point, a climb up break and close above this level will give LINK that bullish momentum we need to start making more significant moves to the upside! But first of course we must breakout bullish from this bull triangle, sometimes what happens is we see a false breakout for example a few days of a bearish breakout before then rebounding to the upside, this would be to fakeout traders and the goal would be too liquidate short positions! Looking at our supertrend we notice that we just reversed from a bearish trend into a bullish one, we saw a significant run of red on our recent drop and it looks like we could be in for a nice stretch of bullish movement, very rarely do we see a short 1-2 day period of either red or green on the supertrend, we usually see full moves like we have on the chart right now. Looking at our MACD we are coming up on a potential strong bullish cross, we have had a long period of bearish movement on the MACD with huge separation within the MA's and now it looks like we got the chance to have the same sort of run on the bullish side. What we are looking for here is a strong bullish cross with big separation in the MA's and more importantly a strong push on the histogram into bullish territory, we want to see increased green bars day after day showing the rise in bull momentum, once we start running flat or decreasing the bullish run is likely going to start fading away! Not financial advice just my opinion!
LINK/USDT - Potential 157% SetupHello Traders!
LINK is completing a big business cycle. The main purchase support base is in the range of $9.75 - $10.95. It should not be forgotten that LINK is leading among oracles on the market and most likely the new cycle will be started only in case of fundamental updates of the project.
Medium-term purchases may be considered near the support level of $10.95.
The position should be closed at a stop-loss after the price moves under the support level of $6.50
The targets will be in the price range of $25.45 - $28.25
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
Massive TA Indicator signaling a BUY for ChainlinkHey Traders,
As you can see on the Daily Chart of Chainlink, we have received a buy from the ABSOLUTE TOP BOTTOM indicator. This is a Technical Indicator that uses BB's, MACD's, EMA's, etc. The point is that there is a big chance that this is an awesome opportunity to buy some Chainlink (LINK). Hope this helps!
Safe trading,
-Pulkanator
Chainlink - Only a matter of time.Hello Link Marines!
This is my first ever publication on TD, so go easy on my analysis!
I've been a huge Chainlink bull for a while now because of the projects strong fundamentals. However, I'm not alone
when I say that the LINK token hasn't performed as we all would've liked.
SO with that being said, what do we do in times like this? Do we just sell our bags like 99% of the other paper handed
Jimmies out there? The answer is NO (not financial advice obv) , I believe the time has come to accumulate!
Ever heard of Dollar cost averaging? Perhaps the strategy with the highest rate of success!
I also want to note the team over at Chainlink Labs will rollout the highly anticipated CCIP + Staking updates.
Although naysayers will say these are priced in, I would say look at the log chart stretching back to 2019. There
may not be a better opportunity before these updates propel Chainlink back into the top 10 and possibly even the
top 5 in market cap rankings.
** Important to note that Chainlink's price action against both Bitcoin and Ethereum has taken a BEATING since DeFi summer
2020 thus presenting a low risk buying opportunity.
Also important to note Chainlink was one of the best performers of the previous bull market. Although this may not happen again, I still
thought it was important to mention.
Cheers Marines!
****Not Financial advise***** BINANCE:LINKUSDT
Bearflag forming on 4Hr Chart for Chainlink Look for a Break above $16 and a candle that holds above $16.50 to confirm break out during this bear flas scenario. Possible further retest of support at previous low of $13-$13.75ish at beginning bearflag formation
ChainLink , LINKUSDT 1WAs you can see, the link has reached its very important static support range
The link in an ascending triangle is also in the weekly time frame
It is expected that the upward trend of this pattern will continue and it will be thrown back to the ceiling of its ascending triangle! ( If bitcoin passes and does not ruin everything: D )
In the RSI indicator, it has also hit the permanent support area!
Everything is available to climb the ChainLink ..
📊 #LINKUSDT ( ChainLink )
💹 Time Frame : Weekly
🔵 Personal Opinion : HODL
👤 Saeid.Mahbob
📅 01.28.2022
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
LINKUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time fame. The price has lost the R1 line which was previously the support line and we expect it to fall down to the S1 zone. We can also consider it a double bottom. We need to wait and see what it does. Either it will break R1 and go up or it will not be able and will fall more. There is also the R2 line which the price might hit and then fall down.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
(CHAINLINK) The market dunce with enormous potential.. Hello everyone !
Today H₿ Capital is analyzing LINK based on a « 2 Weeks » chart 📈
What we can see :
LINK has been one of the worst player during the last 12 months regarding its performance….. Worse than some Stock assets too… Very very disappointing for Hodlers (like me). By the way, LINK is one of the strongest fundamentals token in the market right now.
You cannot ignore the following : CCIP + Staking to be released this year + Eric Shmidt who joined the Chainlink foundation as an Advisor (ex CEO of Google 2001-2011).
Technically:
- LINK is progressing into a descending triangle (trend continuation pattern)
- It seems that we are actually in a « flat » ABC correction (to be confirmed soon with the 2 weeks candle ended this week , which could print on the chart a nice double bottom figure)
- Our white trend line act as a support for prices and this one must hold…
What we can expect :
- If prices failed to hold the white trend line + break the triangle support line (where prices are right now) we can expect Link to reach the 8$ area……..
- If prices manage to hold our white trend line + break the triangle with conviction, we can expect the following :
Triangle Breakout :
Target 1 = Distance between the mouth of the triangle added to te breakout
Target 2 = 100% extension of the first impulse move
Triangle Pullback :
Target 1 = Distance between the mouth of the triangle added to the pullback
Target 2 = 100% extension of the first impulse move
Trend-based Fib extension :
1.618 = 86$
2.618 = 131$
3.618 = 176$
IF YOU LIKE THIS POST, FEEL FREE TO LEAVE A LIKE AND FOLLOW ⭐ H₿ CAPITAL ⭐
MAY THE CRYPTO BE WITH YOU GUYS (D.Y.O.R)
IS LINK PROCESSING A CHAIN REACTION ???Happy New Years! fellow traders.
Today we consider the trading pair, LINK/USD
From the chart above we can see LINK price is in an ascending channel, tho not the most parallel one to the eye, but it fits.
Taking a look at our RSI, each time value entered the oversold region, a bounce occured right away, also aligning with price returning back to channel support and bouncing as well on each correction wave.
Currently in it's wave 4 correction wave, Price seems to have bottomed out, tho currently below channel support!!!
Should price fail to close a candle inside the channel, Downside is $13-$10.
However, if we do succesfully reclaim the channel, which i think we will, we will most likely see $200 Link, earlier than anticipated as well.
If you agree with this idea pls leave a like as well as your thoughts in the comments section.
As always, feedback is appreciated.
LINK seems to be an incredible buy rnPrice is currently resting above support.
Trade offers 4:1 Risk-to-Reward when taking profits aggressively. The risk-to-reward ratio could increase a lot if we let the TP run higher (because market conditions at the time indicate a continued uptrend to new ATH's).
LINK is also in oversold territory and plays an integral role in blockchain interoperability, which increases the likelihood it recovers from the current price levels.
ChainLink Update: H&S ConfirmedChainLink just broke the most important support level at $16 and now the price is heading to the next support levels. The target projection of the main head and shoulders pattern is around $4 but before that we have some initial supports to hold the price at $10 and $5