ANOTHER DROP FOR CHAINLINK POSSIBLY INCOMING Chainlink massive drop testing June/July support levels. Possible bottom 15-13 dollars inevitable.then a quick 2nd retest/confirmation. Then sky's the limit after the holiday's.
Chainlinkusd
LinkLinkBTC is correcting back to the previous resistance after few days , now we have a support zone about 47 satoshi and the Fib 0.61 retrace is at 47 satoshi aswell , then it gives us a geat support. Im checking this as a bestie Bahram did ask for it
Chainlink Chainlink Are u gonna Chain the Bull?Bull Divergence on 4H Chainlink chart
Will it Chain the Bull
or Will it Link the Bear
Let's see...
NFA DYOR
Link ascending triangle on the weeklyIf we ignore the one fakeout, we can see this ascending triangle forming and waiting for a breakout. Link could easily rise to $200 in 2022 based on fundamentals. It is nice to see that technicals can support this theory.
A Bullish look on Chainlink? Elliot correction wave AnalysisA break in the Leading Diagnal could also then be wave X which would still be Bullish short term, as X generaly move in the opposite direction of the correction
Any Inputs Appreciated
Chainlink current trade idea.I am interested in this trade because of the following reasons:
1. Support above the 200D SMA
2. Support on the MA 20 (middle bb)
3. Bullish throwback to the EQ of the parallel channel.
4. Volume increasing for the breakout and decreasing during the bullish throwback.
Good set-up on ChainLink Crypto Hello Traders,
I been viewing it in last couple of days and hoping for a good set-up, well it is happening. A wonderful set-up with RR (Risk-Return) of 2x or more.
Price Action in Daily candle sticks chart tells-us that ChainLink has secured a support at 18.20ish and it is ready to rise above 30 level in 60 days.
Strategy = Long Position
Duration = 60 days
Entry = Spot (current rate) or anywhere between 18.50 and 22. Use averaging method.
StopLoss = 16.5ish, it should not touch this level because you will notice strong upwards push when prices get close to 18ish levels.
Target = 30 and above.
In coming days you will see price struggle between buyers and sellers at 23 levels but once it is broken there is not stopping back till it hits 30 and above.
Remember to use risk management. Use 1%, 2%, or 3% of total Capital to place trade.
Happy trading
Disclaimer: Above idea is based on my thoughts and not a recommendation or advise to buy/sell. I strongly recommend you to abide by risk management policy laid down by your country's' regulatory board.
Link 3D One of the few alts that is growing right nowThe last time we did a LINKUSDT forecast idea was six months ago.
Since then, the price has twice tested the level of $34.
Today, despite corrections and BTCUSDT pair's update of lows , the price of LINKUSD is headed up.
Soon the level of $34 will meet us again from above.
Then the last correction to the area of $23-25 is possible before the subsequent break up. This is where the dynamic support channel passes, which has already kept the price from a catastrophic downfall three times already.
After a strong fixation of the LINKUSDT price above $34, the way will open for the next growth target to $53.
If this trading pair is interesting for you, write about it in comments under the idea, and also write your opinions about the future price of Chainlink token
See your interest in the LINK coin, so we will update our thoughts on this trading pair more often.
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Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
Chainlink to +200$We are on our way to 200$ and beyond.
This is an upwards trending channel which chainlink has been in for quite a while now.
If we continue to follow this channel we will eventually get to +200$.
Chainlink Target: $60 Stop Loss? NoneStaking coming this year. The foundation has stopped selling. Free Alpha
LINKUSD Double Bottom Along 200MADouble bottom can be seen on the 200MA
price will likely move higher
daily chart
LINK - holding nicely despite fear on the marketThe current Coin Market Cap ranking is #17, with a live market cap of $12 billion USD.
Despite recent dump, fear etc. on the market LINK is holing well. My chart setup is practically untouched for months now.
W support is clearly great buy area, and current resistance in correlation with BTC dump is too strong in short time period.
In my bearish outcome LINK could retrace to W support level ( approx. 30% down form current price) and if BTC dumps even more it may happen.
LINK is one of my longest holding and despite small ROI in crypto space I'm not planning to sell it any time soon.
On picture in comment you can see LINK Circulating Supply chart which finally shows that new coin inflow is paused (from team probably).
In bullish outcome I expect LINK to breakout upper trendline during February.
Chainlink forming head and shoulders pattern then reaching ATHChainlink forming a head and shoulders pattern testing resistance a few times and is projected to hit $22-$23 before retracing back down to $15 area. At which point things look like we are going for new ATH .
LINKUSD Bullish IndicatorsLINK is showing bullish signs on the TSI indicator,
It has reached a point that previously was also the low point, it climbed back up from there
The opening of the 50,100,200 day MA is very bullish, Price when this MA formation is active loves to stay above the 50MA and just cruise upwards
Good Buy - Long
Identifying Similar Structures LINKUSDTwo common structures green box, and white box
The structures are common due to there repeated nature
The last transition from green to white was quite bullish, we will see how it will play out after point (4) is finished consolidating at a support
These similar structures also are portrayed on the indicator provided
LINK 6H BUYLINK 6H support is at ~$20.1
Enter 50% here
and try to set some buy orders near the support zone
If LINK holds above the trendline,
the Take-Profit target would be $22.4, $24.5, and $26.6
Cheers
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
($27 is a key level we need to flip to support)
The smaller green and blue boxes are simply my latest buys.
If you look long term, we are at the bottom of the Channel as should see upwards movement in Q1, historically speaking.
We should see the 50 cross the 200 EMA - this should confirm the upwards momentum.
Things to watch: a consistent upwards movement, that is supported by test support.. we want to see an upwards staircase, not an elevator. ;)
(LINK) ChainLink on the road to 200$ ? 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)
LINK forming a Cap and Handle for a LONG positionLINK forming a Cap and Handle, so is it possible for upcoming 25% gain? I think Yes it can, so let's look at this chart closer for upcoming days!
Leave a feedback and smash that LIKE button. :)
$LINK Adam & Eve If we can break $22.98 and turn $23 into support we should see some nice upwards momentum.
The narrow orange tinted rectangle is the range of resistances we need to break and turn into support.
I see Q1 being a great start of the year for Chainlink
ChainLink issuesRight let me first say that I'm bullish long term for chain link, buying chain link since 2019 and it's done amazing since then but let's face the facts , it lost a lot of its strength.
For whatever reason Chain Link has lost its strength , it no longer moves independently from most of the market like it used to. Why? I have no idea , I don't look at the news or developments or upgrades just the charts and the chart is bullish but targets for this final leg are much lower now.
For years Chain link was in this amazing parabolic channel but since July 2021 when it closed its first weekly under the support its been struggling to get back in and stay in. We got back in for 35 days before falling out September 2021 and then sadly flipping support as resistance , for 8 weeks we couldn't even close a weekly above it and have had to drop down to a lower multi year support line that was created with following reaction events marked in yellow circles.
If Chain Link was in the parabolic channel at this moment it would be 45 Dollars and my previous targets of 200 dollars would be intact , now I think Chain Link will most likely top out anywhere between 93 and 116 dollars at 3 or 4.618. Personally I think it tops out at 93 dollars at the 3.618 and hits the top of the parabolic resistance channel (Red circle) on May 23rd 2022.
If you want to know why May 23rd 2022 check out my TA below .
Finishing on a bullish note , the RSI is at historically low levels for Chain Link.Hopefully I'm wrong with this one and Chainlink pulls off a 900% move to 200 dollars.
4th of July all over again for chainlinkLooks like Deja Vu. Chainlink is echoing the falling pattern that took place in the beginning of July. Looks possible we may see a wick hitting on or close to the $13.00 range. Getting nervous as I'm publishing , fear of missing profits while I'm typing. Good luck keep your figures crossed and take profits along the way. Upside....$13 dollars an awesome buy for Link for those who missed it last time.
LINK - at weekly support, showing some bullish signsThe current CoinMarketCap ranking is #21, with a market cap of just $10,000,000,000 USD.
We all remember famous chainlink run from 0.5$ to 50$, but after it LINK enter into long consolidation.
Considering CMC ranking and M.Cap od just 10 Billion (for example, at the same time DOGE is at 22 Billion) LINK should reach 50 Billion at least in Q1-Q2 next year.
Price action created big triangle with clear support (15-19$) which held pretty well few times. Notice barely visible hidden bullish divergence on RSI and Stoch RSI oversold condition (yes, it can stay oversold for some time, but it is sign that bottom is somewhere around the corner).
Watch for Anchored VWAP dynamic supports (from bottom which is great area for buy orders and other from top, which when broken will indicate bullish sentiment and probable ATH retest). Don't forget about upper boundary, but considering current market condition, I wouldn't be surprised if Anchored VWAP comes to upper boundary (Q1 2022).
Just to reach previous ATH, gain would be 150%. Risk/reward looks very favorable in my opinion.
