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(LINKUSD 1W Chart)
If you keep the price higher than 20.72941589, it is expected to continue the upward trend.
(1D Chart)
It is supported by...
ChainLink is trying to break the current trend line, which indicates a relatively strong down trend.
Apart from TL, the current price is reflected in resistance and Fibonacci level 0.382.
On the other hand, when the price falls, the price hits the Pivot Point R1.
At the moment, the fight between bulls and bears is in full swing, without a doubt.
Price action...
3 DAY LINK CHART WITH 3 TOUCH POINTS ON OUR LOWER SUPPORT LINE. ROUGHLY 450 DAYS BETWEEN CAPITULATION TOUCHES. 3 DATA POINTS. MAYBE WE SEE A 4TH TOUCHPOINT IN AUGUST 2022 AT A LOW OF APROXIMATELY $140.
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (23.00).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. LINKUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
I tried to be as clear as I could with the takeaway message of this ratio chart.
When you get to the top of the channel (red bubble), it's typically a great time to sell LINK and buy BTC. When price gets to the bottom of the channel (green bubble), it's typically a great time to sell BTC and buy LINK.
Suffice to say, I am using some of my BTC profits to scale...
Blockchain oracles are third-party services that provide smart contracts with external information. They serve as bridges between blockchains and the outside world. Blockchains and smart contracts cannot access off-chain data (data that is outside of the network).
Chainlink is the leader among the oracles, has now formed a very bullish formation, I think you will...
50EMA + RSI around these levels seems to correspond to a historically great entry price for Chainlink, as well as the "box type" structure Chainlink seems to repeat time and time again.
LINKUSDT seems to be at support.
Let's see if the price can hold up at this level and volume start picking up.
LINKUSD is a top performer and coin with great fundamentals that usually outperforms most of the top 50 coins.
LINKUSDT is always a great choice.
#LINKUSDT
$LINK is trading inside a descending parallel channel, the middle line supported the price.
if price stay above this support, it will go up toward resistance of parallel channel.
and if break it, #LINK will reach $35 in coming days.
LINKUSDT is giving us a really nice pattern where we can look for both shorts and longs. For short, we are anticipating price to go down to the double bottom region atleast to complete the falling wedge pattern. For Longs, we're waiting for a break of the wedge pattern and we'll look to get in on the first correction.
