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
Linkusdsignals
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.
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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.
LINK/USDT - wait for the entry point For breaking the resistance line I expect a deep pullback to the support line and further growth.
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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
🔥 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
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 $27.3-28. However, even in this scenario, the LINK price will continue to move in the white channel , which is controlled by buyers. Therefore, the test of the previous historical high is a matter of time.
The main question is whether buyers will be able to update the high and continue to grow?
Looking at the LINKBTC chart , there are all the prerequisites for this:
If you are interested in seeing our global opinion on LINK - write in the comments "Global link"
Happy weekend!
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LINK/USDT : Targeting 38$ BINANCE:LINKUSDT
Hello everyone 😃
LINK had a breakout from 30$ resistance line and MACD had a bullish crossover.
Now there's possible retest on 30$ again !
It could be good to take long for mid-term holding..
📌 It could be possible for link to form a bullish flag on next candles !!
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
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).
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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.
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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.
LINKUSDT Next Target?LINKUSDT (1H CHART) Technical Analysis Update
Flag pttern
LINK/USDT currently trading at $29.36
Buy-level: Only buy after flag pattern breakout ( Above $29.75 )
Stop loss: below $28.00
Target 1: $30.90
Target 2: $32.00
Target 3: $35.00
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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Update Chainlink (Link) 36% Gain back to ATH Chainlink (Link) still on course to break past previous ATH, Link has found some short-term resistance at the 61.80% Fibonacci level and is poised for a continued move to the upside back to the previous ATH @ $36.84. We expect this move to continue and to break past this level to set a new ATH at the 127.80% Fibonacci level @ $41.38, this is a 36% Gain from the current price level at the 61.80% Fibonacci retracement level.
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.
LINK/USDT : Bullish break on EMA 200 BINANCE:LINKUSDT
Hello everyone 😃
LINK is breaking EMA 200 on 2H TF with current candle.
We expect a retest and more upward movements..
By the way Volatility is not good at all on current time frame, But 1H TF; It had a bullish crossover !
Also on higher time frames, There is more space for LINK to show higher reaches.
🔴 LINK had multiple bounces, So moving upward will be harder for it from now..
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
LINK - 4h. Buyers get ready to test $33-34Our previous LINK idea , in which we expected a correction, worked out pretty quickly. The sellers turned out to be much stronger than we expected. Our ultimate target of about $21 was achieved by the sellers almost immediately after the idea was published. We expected a smoother correction.
As you can see in the chart dated February 23, buyers are trying to organize a new upward trend. LINK price moves in a white channel. The first critical point for buyers is at $31.4. Notice how the LINK price from February 13 to February 18 tried to gain a foothold above this level. In addition, note that it was the mark of $31.4 that became the main support of the sellers. After retesting this mark on February 23rd, sellers continued their sharp decline with an ultimate target of $20.81
If buyers fail to gain a foothold above this mark the first time , we will expect a r etest of the range of $27.3-28.3 . It is after the buyers have tested the strength in this range that the LINKUSDT price may continue to rise to the range of $34-35.
And then we will look forward to the reaction of the sellers. Correction in the LINKUSD market is not over yet and there is a high probability of another $17 to be tested . However, these are already medium-term targets, according to which the global idea will be made.
P.S. Why is there such a possibility? Check out our global BTC idea: