I've set horizontals to show that each recent wall was exactly opposite a previous support, and our fib retracement shows that it corresponds to well defined levels. This could be a fairly reliable key if you want to try to predict near-term movement, with potential for 20-30%+ gains. On the fundamentals side, $link is a great project with good fundamentals,...
ChainLink found the bottom at $0.16, but while approaching that level, RSI has formed a bullish divergence suggesting change in trend. Price then moved up and broke above the descending channel, downtrend trendline and the 50 Moving Average This looks like a strong indication that the uptrend has started, especially after LINK/USD broke above 61.8% Fibonacci...
ChainLink dropped some % due to BTC correction, but resistance line which was formed by 2 and now 3 points is holding strong. I would be bearish on LINK if we would fall below that line, but since we are above it, I'm still waiting for that big "Triangle Formation" to break eventually. Then ChainLink can gain some serious $ as this project is still great and have...
It does not get much more bullish than this. Next Stop, 7000 Sats! Refer to my previous post on this coin for in depth analysis
BINANCE:LINKBTC amazing scalping coin more times move between 5900 and back to 6350 but it have also targets 6330 , 6860 , 7900 keep your eyes on BINANCE:LINKBTC support me with like , follow and share my idea if you think it's right ***This is not a recommendation to buy or sell***
$LINK (ChainLink) is an undervalued project I have been monitoring for the past few months. Chainlink is the only project focusing on being a decentralized oracle provider that has a MASSIVE use case, partnerships like Request Network, ZeppelinOS, SWIFT and the LINK token can be staked in pools in the future to provide passive income. Initial Entry - 5175 Sats...
Just look at this beautiful cup. Even the handle has been formed. In theory, we can get ready for a cup & handle trade. If we break through the " coffee " line, we can expect the size of the handle to be added up to that level. That's kinda insane. In the meanwhile, we are seeing that on the 4hourly chart, there is still some downward pressure first : you can...
Cross over of MA 20 and 100 Daily. RSI shows us a correction in the short term.
Hey folks! Looking at the 4-hour chart for LINK, I see a the price has run into some resistance (blue dotted line). The MACD had a bearish cross as it approached resistance so we can expect lower prices in the near future. However, this may be temporary. I see a completed inverse left shoulder and head. It is very plausible to think the price would fall to the...
Not much to say, volume picked up, morning star pattern formed. If volume continues might rise to the previous FIB lines
Refer to Chart for reasons to go long and explanations of lines.
Just for fun, let’s now have a look at ChainLink (LINK) vs Bitcoin (BTC) on the daily log chart. Back on 9th of April we broke out of the black dashed downtrend channel we had been stuck in for a while. In regards to our moving averages, the 50 EMA is currently crossed bullish over the 200 EMA. The EMA 50 has also been providing some support since the 15th of...
$Link 4h Oversold Support Zone +1000 Btc Volume ChainLink Crypto
Kumo Bounce trade here. I will also enter if there is a bullish engulfing candle off of a Kijun or a Kumo Bounce.
sexy.. bought at the 4 hour sqeeze. stop loss below the trendline doesnt look like btc will affect this killer token
So what we have here is the corrected ascending channel following the 3 month falling wedge . We see in the chart that the ascension is following a growth rate of 1% - 2.5% daily if the USD price follows the channel which it seems to have done so far. Over the coming days and or weeks we will hopefully see a price increase from .28 cents USD (at breakout) possibly...