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Chainlinkusd

LINK.USDT (Y20.P4.E4).Stalking.Livermore structureHi All, I'm sure many of you like me have been stalking LINK for the right entrance for it is a good performer and project to go long with. Looking at the structure we can see confluence with the 0.618 and support area. It seems like too much of an obvious target, so how do we see this play out? If we assume many are waiting on this, it might not get there for we have on the 8 hrly and daily, a hidden bullish divergence, a potential bounce at the $10.1 level, current level, chart below. Some analysts say the $10 will give way, but really it all depends on what BTC does as well. I noted a bullish divergence on the 4 hrly for a bounce at this level. Also a potential hidden bullish divergence on the 12 hrly to dailyy In addition, I'm no expert but this expanding cylinder structure resonates with "Livermore"s speculative chart' on the daily where point 7 is our entry point as well. If this is correct, this could be huge. Confirmation will only be later on. On the daily, the RSI and other indicators support the notion of a timely bounce at this envisioned support level, it might be a quick dip wick to fulfill this. Now what will make these ALTs go up, a potential drop in BTC dominance to come, which is viable for we have BTC dominance in the MACRO chart headed more south. Question is when? I also have BTC dominance for this micro level going up, which can force it for LINK to touch this support area. ============================================================================================================ Daily Chart: With 100 and 200 ema playing a role. We have the Lucid indicator showing downward pressure still. ============================================================================================================ On the BB chart, we have the bottom yet to be tested on the 12 hrly as well as the daily. ============================================================================================================ On the 12 hrly, I'm looking for a bullish candle and\or a cross over of the WT indicator. Maybe looking for a double bottom for the RSI. ============================================================================================================ 4 HRLY chart, bullish div. ============================================================================================================ Please give me a tick or like for this post Regards, S.SAri.
Long
by ssari
4
Chainlink Technical Analysis: LINK On The Cusp Of A Breakdown Chainlink breaks down below an ascending triangle pattern. LINK/USD could end up in dire losses, likely to refresh support at $8.85 if support at $10 is broken. Chainlink has continued to lose dominance in market capitalization and comparison to digital assets like Polkadot, Bitcoin Cash, and Binance Coin. The race for the fifth spot in the market is in full swing, but Chainlink appears to have given up already. At the time of writing, LINK is trading at $10.84 after a 0.81% loss on the day. It is currently the eighth-largest cryptocurrency with a market cap of $3.7 billion. Ascending Triangle Breakdown Following the declines September’s first week, Chainlink embraced support at $8.85. A reversal came into play almost immediately, with the price spiking above $10, $12, and $13 resistance levels. Unfortunately, the bullish momentum started to lose strength as bears fought to take back control at $13.30. LINK/USD began to pivoting around $12, although the formation of an ascending triangle recently dealt the bulls a blow. An ascending triangle pattern mainly signals the return of the previous trend. In this case, the breakdown at the beginning of September. However, it is essential to note that a breakout can occur either up or down from the triangle. Meanwhile, the 4-hour chart shows the continuing breakdown below the pattern. The downtrend is emphasized by the Relative Strength Index (RSI) as dips back into the oversold area. Support at $10 is expected to hold; nevertheless, if it gives in, sellers could increase their activities, in turn, forcing LINK back to support at $8.85. Chainlink Intraday Levels Spot rate: $10.84 Relative change: -0.0764 Percentage change: -0.84% Trend: Bearish Volatility: Expanding
BINANCE:LINKUSDShort
by CoinGape
2
LINKUSD 4H Chart Analysis Fib Circles Not everyones a fan of fib circles how ever they do a nice job if you know how to use them so for chainlink right now im getting a Buy signal on the 4h chart on the RSI looking at the fib circles we could still be dropping though a little lower to roughly $10.74 - $10.80 to catch the 1.618 fib circle and start riding the line up some till we break out of it when we touch out of this fib circle we could expect another pull back most the time we drop some as we are entering into the new ring. auto Fib helps us place are fib circles more accurate. before exiting this ring i expect to see us pump some until we are crossing out of it (WARNING NOT FINANCIAL ADVISE)
GEMINI:LINKUSDLong
by kezzyrose412
1
Link 1D Will investors be allowed to enjoy the mark $5?Anything that is growing rapidly is doomed to an equally rapid fall. It is happened with Link , the coin which grew without stop and without corrections on various news, mainly from the Defi direction, entered the correction phase. We expect this correction to be at least to the level $7.00-7.20 , where was a temporary stop at the previous growth. Further, there is an assumption on the chart how the price can move: it is a correction of the fall to $13.50-16 and a further fall to $4.30-5.00. However, after each low and high point, we need to recalculate for more accurate targets. We will make updating under this idea. Although, to be honest, the money men who pushed the price up bought Link for at least $1.7-2.7 or even cheaper. It is in this zone that there is a natural market interest in buying coins. __________________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier.
Short
by P_S_trade
1
LINK.USDT (Y20.P3.E5.v2).Rare Gems.No.1.not there yet** This is a continuation from the previous post, link provided below ** As you can see based on the non log chart, it makes it easier to understand price action here. The trend line is key to this and must hold which its doing, however as per chart, wave 3 to 4 is a complex wave and hence is designed to strip your profits, like we did with 9k to 10.5k with BTC. Hence I'm staying away from further action, I bought in and now wait it out. OBSERVATIONS: ================================== > fib. levels are aligned with price actions support and resistance levels > similar KDJ pattern to the previous wave 1 to 2 and hence will use this as a guide > many levels to break on the upside what looks like a ascending triangle > the ABC correction is complete however gaining momentum will be slow > the trend is good MY THOUGHTS: ================================== I already hold LINK as I bought some at the $12 to $13 dollar mark. I want to buy more but I rather look for charts that are or have moved significantly. Once these coins slow down, eg BTC or ETH, I'll redirect some of the funds to LINK, if LINK is ready. NOTE: BTC dominance is about to have another bounce as it approaches a key level. My guess would be it does another break to the upside (breaking 12k) to reach 12.5k or more. Won't be long so this might explain the ascending triangle taking place for LINK. The DAILY gives a good account to what's going on, from a bullish perspective. I see it bullish based on the indicators as well. What are your thoughts? Please give me a like or tick for this post Regards, S. Sari PREVIOUS POST related to this continuation:
Long
by ssari
3
Chainlink--Correction ContinuesI'm a seller here. A serious neckline has been broken, with further drop expected. I'm making no bottom prediction here. Reasonable expectation is the .618 fib retracement level at 8.6. Another is the bottom line of the trend channel shown, since corrections very often are contained within trend channels. As I previously indicated, this is an EW wave 4 correction at primary degree. Wave 4's very often form a triangle, however, that is not likely to be an option here, although remains so on the LINK/BTC pair. At any rate, it is unusual for a wave 4 to make a deep correction, and in any case may not descend beyond the top of component wave 1 (which in this case is at 5).
BINANCE:LINKUSDShort
by TeKay
Chainlink--Breakout StakeoutThe chart shows Chainlink at an important decision point (against both the USD and BTC), a classical triangle with lower highs and higher lows. The lower line represents an important head and shoulders neckline which if violated will signal a likely substantial descent. The upper line has been well respected by price action so far and a breach will likely mean a resumption of the uptrend. Is it possible that the 12.90 low so far in this correction is as low as it goes? Yes. That point is almost exactly the .382 fib retracement level, which is very common for an Elliott wave 4th wave correction. The wave degree is apparent on the Binance charts. Chainlink peaked on 16 Aug marking the end of an EW impulse wave 3 of primary degree, with the wave 1 previously peaking on 29 Jun 19 and corrective primary wave 2 ending on 13 Mar 20. I’m a seller if/when the neckline is broken; a buyer if/when the upper trendline is broken.
BINANCE:LINKUSD
by TeKay
LINK.USDT (Y20.P3.E5.v2).Getting ready *** This is a continuation of the previous post, link below *** Steady as it goes, still waiting for that BTC to find its support base. 11,050 to 11,150 is the next layer, after that, 10800'ish. As I stated in the past posts, its likely BTC will descend slowly and boringly, ranging until it makes its next move. During that time, its likely the ALTS will continue some upward momentum. Based on the BTC dominance chart, it to is moving sideways. Hence LiNK has found support around the $12 from the $20 time high, so a significant pullback has happened. My theory for now is that this is a re-accumulation point. I do have 2 scenarios, the other is the chart below, based on the LIVERMORE chart structure. One good thing going for LINK is the reveral on the Phoeix indicator however both need to be above 50% before we can feel confident that momentum to the upside is back. Regards, S.Sari Overview: Wave 5 completed, ABC correction in place, now has this completed? The 1 to 15 stages are based on the LIVERMORE chart. LIVERMORE chart alignment Note on the 8 hrly and daily chart, we have the RSI point of bullishness broken. Not a good sign. PREVIOUS POST.
Long
by ssari
2