Chainlink at a fork in the roadSitting at $7.60 resistance, chainlink looking to test $9 but having difficulty doing so. Possible retest of support around $6.50 if it doesn't break upward. Watch out for the false break higher. Keep an eye on the candles. Watch out for long candles in the current stagnant trend, if that happens expect an inevitable retracement depending on the direction.. expect a hard retrace lower to an unbelievable $4.80 not currently looking that way but keep an eye on your tops and bottoms.
Chainlink
Chainlink LINK Take Profit and Stop LossLINK/USDT
Entry Range: $6.95 - 8.10
Take Profit 1: $9.70
Take Profit 2: $11.10
Take Profit 3: $12.50
Stop Loss: $5.55
LINK - Detailed Video Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for LINK.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
LINK May Fall back to 2019 ATH LevelLINK has confirmed the breakout on the support and this is more likely to revisit the 2019 ATH formed. More price decline can be expected on this pair for sometime.
Key points to look for on Chainlink Chainlink looking for support @ or near $17-$18 range. Keep in mind on both the 4hr And Daily Chart , There is a possibility for a significant retracement to $14 range. All this is only plausible if the formation of a triple top/ head and shoulders start to form. Things are looking up for Link either way. Take profits along the way to $23 and just take note of previous trending this past December. This may just be a similar fakeout to a higher high.
Break out or Break Down for Chainlink Testing support @ $10.45 could possibly see a Break out to retest $12. Either way looks bearish as both current positions are a bearish triple top @ $10 or $12 If no further progress is made.past the $12 previous high.
LINK/USDT : Aiming for Lows at $1.60 BINANCE:LINKUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$LINK has broken below the current support zone and it just retested the broken zone.
Now There's an opportunity to take Short on $LINK with an invalidation above $8.50 as full body candle close!
But the remained risk is much more than the most possible safe risk RN.
So That's why I mentioned the second entry as the safe trade below $4.60!
If we get the closings below $4.60 then I would locate my Short on a proper retest of the broken line and aim for $1.60 where the lows are located on...
📚 There's an early sign of bearish momentum; If we get the weekly close below $28800 on $BTC's price, Then you can take Short on every coin you wanted to ;)
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@Helical_Trades
LINKUSDT LongLINKUSDT Long
Chainlink Long-term
Bun now or Buy on downtrend breakout
SL close below 20.0
TP1: 54.0
TP2: 60.0
TP3: 99.0
TP4: 125.0
Researcher Strategy v2
@IR_Researcher
Close but no Cigar for Chainlink!!Looks to good to be true, but this is just another failed attempt to try and break resistance @ $11.50. If and when it fails we will see $9 inevitably. But on the upside that would be our final destination. Good luck! Just my opinion
LINK vs XMR Hi guys! Please, support this idea by clicking the LIKE button. Thank you!
LINK (Chainlink) looks horrendous. The price is breaking down the support of a Massive Descending Triangle, ultimate Target of which is $4-5
Keep in mind that LINK had a decent multi-year uptrend. Now it's time for a clear bear cycle
The overall picture looks almost identical to what Monero (XMR) printed in 2017-2018. The same long uptrend and the same Descending Triangle at the Top. Will the outcome be different this time? I doubt it
What do you think about it? Share your thoughts in the comments!
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The information given is never financial advice. Always do your own research
LINK.Usd (Y22.P1.E2).Macro outlookHi All,
#Chainlink #LINK
Just a hypothesis using Elliot wave theory, fibonacci and its potential alignment with BTC.
For now, a little bounce and further down for capitulation.
All the best,
S.SAri
Note the RSI and where to go long.
Chainlink reached bottom on weekly RSICould this be the bottom? we should achieve our breakout by next week.
LOOKING FOR A CONFIDENT ENTRY ON CHAINLINK...!According to the previous analysis of bitcoin that was presented to you, we still expect more losses in the market, and during that, altcoins such as Linkchain will also contribute to this decline.
But the interesting thing is that with the successive decline and correction of this cryptocurrency, the number of active wallets with this cryptocurrency has been increasing, which is a very positive point for Chainlink.
ChainLink - Top of Gaussian ChannelA huge 400% decline has been seen and finally, a touch on the top of the Gaussian Channel has been seen
This point is a good candidate for a reversal point, as it also correlates with the 50MA on this Monthly timeframe
Very cheap right now
ChainLink ( LINK/USDT ) Bearish Below $10 so It can test $5Breaking #Chainlink Breaks Dec 2020 Low:-
#LINK Currently trading below $10
Below $10 $LINK is super Bearish & $5 Level Keep an eye for Accumulation
If bounce then we can see $18
#LINKUSDT Breaks 497 Days Low.
Hope this chart Is useful for you
Guys Trade Safe in LINK right /now.
Overall market condition is not good.
Best Buy Opportunity around $5
Below $15 = death. Short upon 1W close below for $$$Self-explanatory. Would not take position prior to confirmation (close below) on 1W. Nonetheless, looks very unlikely this will hold. Act with caution. NFA.
P.S.: $4.50 is not a particular target, just the extent of a measured move. Not guaranteeing it goes there, not even implying it goes there. It's a possibility, don't sue me.
PPPP
ChainlinkLINK/USDT looking Bearish in WEEKLY & 4h CHART until Strong Support Zone arround 6.70-7.20 good luck!
Link is near the strong supportI see good buy opportunity in the zone $6.50 - $ 9.00
for the mid term it can see a bonus from these levels
it's already 80 percent down from ATH.
LINK Spot Zones“I am always prepared to do the right thing regardless of what other people think.”
-- Bill Ackman
1W WK #18RU v.s. UKR / CZ Covid-zero & TW tension / U.S. inflation / global markets overvaluation of assets
Post 2020 there has been no scenario where crypto comes out ahead of until global correction of all markets.
(hopefully this doesn't play out but never say never)
static reference
Chainlink Bearish till End of MayHigh of $15 only!!! After that, Expect a Low of $8 around the 3rd week of May or Beginnjng of June.
