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Chainlink

Chainlink (LINK) Is UndervaluedAs the major go to oracle in the crypto space that powers the majority of DeFi, Chainlink (LINK) is undervalued at these levels below the 0.236 Fibonacci level at $23. We're also in a trough on the weekly RSI's meaning we're pretty oversold. Chainlink has nice steady long term growth and I personally believe Chainlink under $20 is a steal long term. Point of Control (POC) is around $27.45 where the majority of price recognition has occurred.
COINBASE:LINKUSDLong
by peacefuljustin
Chainlink Ready for Takeoff!!?Taking a look at the king of decentralized oracle networks.. LINK, i noticed we were making some nice progression to the upside from below our 0.2 FIB after breaking out beautifully out of the descending channel, we pushed all the way up and strongly closed above the 0.2 FIB, then as always BTC decided to crash the party (LINK marines joke) none the less Bitcoin has dragged down majority of strong cap coins including ethereum. We are still looking bullish on our daily timeframe here, we are trading inside of a bullish triangle that we have respected all the way through, this pattern historically plays out to the upside hence the bullish triangle name, now keep in mind this pattern can be invalidated if Bitcoin decides to keep falling in turn dragging the market down along with it. We could see this pattern continue to play out over the next week before we reach that apex point but if BTC can settle down i would be confident to say LINK will breakout sooner than a week. the bollinger bands look pretty good we are still in the upper half an the midline is bringing us support right below the bottom of this bull triangle, we almost had multiple closes right ontop of the top band which couldve sent us flying to the upside, but the goal for us now would be too hold this triangle and bounce to the upside where we have that chance of grabbing the top band. On the RSI we are looking a lot better than majority of large cap coins, we had a push up and above the important midline and if BTC didn't drop we would likely be looking at another confirmed uptrend, the good sign is that we are fast approaching the yellow SMA support line where would could definitely see a bounce! The squeeze momentum indicator looks good we are on our 4th increased green bar which points to a bullish squeeze, the only problem here is that it is likely we are going to see a decreased green candle after our daily close, this could invalidate the current bull squeeze but we will still have chance to make an increased green bar the following day, this will be crucial for returning to our bullish squeeze and then eventually the squeeze release which could send price action flying!
COINBASE:LINKUSDLong
by JacobR905
Chainlink to $29 $LINK We see two nice patterns taking great shape here. 1. We see a beautiful descending wedge with a clean break out and support tested. 2. A perfect Adam & Eve patten, which seems to be playing out well We see a breakout target as high as $29.63 ~ which is a 57.58% gain from the break out. We have seen Chainlink do this in the past, consistently going into the new year, thats not saying it will happen buts its very possible. Im looking for key support to hold at the $23.00 mark as well as $22.24 (the wide rectangle in red/orange If we break $27 ~ we will want to test this support before heading upwards to $29 ($27 is a key level we need to flip to support) The smaller green and blue boxes are simply my latest buys. If you look long term, we are at the bottom of the Channel as should see upwards movement in Q1, historically speaking. We should see the 50 cross the 200 EMA - this should confirm the upwards momentum. Things to watch: a consistent upwards movement, that is supported by test support.. we want to see an upwards staircase, not an elevator. ;)
COINBASE:LINKUSDLong
by m33673
2
(LINK) ChainLink on the road to 200$ ? Hello everyone ! 
 Today we analyze  ChainLink (LINK)  based on a Two Weeks chart 📈 
 What we can see : - Prices evolve inside a parallel channel since April 2019. - Right now, prices took support on the lower channel level + white trend line. - Prices are still under the black downtrend line - There is a bullish div on the RSI * Eric Schmidt recently joined the ChainLink foundation as an advisor (Very bullish) What we can expect : If prices manage to break the downtrend line + the 33/38$ resistance area, there will be a huge W pattern that could send Chainlink to the upper channel level. In addition, by using the trend-based Fib extension, we can identify potential final targets for Chainlink Main resistances : Downtrend line + Cluster 33/38 $ Support 1 :  White uptrend line Support 2 : Lower channel level TP1 : 85 $ TP2 : 131 $ TP3 : 175 $ TP4 : 220 $ IF YOU LIKE THIS POST, FEEL FREE TO LEAVE A LIKE AND FOLLOW THE BLACK CAT TRADER  
 MAY THE CRYPTO BE WITH YOU GUYS (D.Y.O.R)
Long
by Hector_Bienvenu
4