Have been monitoring link in this range for some months...the weekly range is clear as day.
WEEKLY
weekly price action is showing that the upper key area (red) is being rinsed out... everytime a wick moves into this area it is sold off. Now looking at the first three times price has entered, it has produced an engulfing candle, showing strong reversal, to lower...
I'm looking for this price action - a break and consolidation above the eternal range - to confirm the beginning of a secular run. If that happens, I'll buy more.
I'm keeping in mind the fact that LINK front ran the rest of the market last time, and hoping it does the same this time, too.
My previous TA on LINK was correct on daily timeframe but the spring hat was created wasn't enough to break the range because it was too small for a weekly/monthly BoS. As a consequence you can see LINK being in the same range after 500 days. Here you can see my new updated TA.
So basically it keep being time to accumulate either link in DCA or to have a good...
ChainLink (LINK) technical analysis:
Trade setup : Price bounced off of $6 long-term support and broke back above 200-day moving average (~$6.70), which could signal potential bullish trend reversal with upside to $8.50.
Trend : Uptrend on Short-Term basis and Downtrend on Medium- and Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal...
The price doesn't reach the low of the channel. As for me, the big orders are supporting the Chainlink price.
I left for you 2 entry point:
1. the bottom of the LINK channel if BTC make a pullback to $20-22k
2. test of the top of the channel as the support
The closest target are the top of the channel and $18.3 key level.
💥$3.75B cap is still can grow by...
Hello Traders, here is the full analysis for Chainlink
let me know in the comment section below if you have any questions. I suggest you keep this analysis on your watch list and see what will happen and will my analysis will happen!!!
Today I want to talk about LINKUSD in a daily time frame
Before that, I want to remember It's not financial advice.
I'm just...
According to the evaluation carried out by coin-score .ai, the price prediction for the next bull market is $72.8. For now, it is in the accumulation phase and the resistances are at $8.4 and $9.4. When it will break these resistances, it will quickly head towards the first strong resistance $18.
coin-score....
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There exists a potential scenario wherein COINBASE:LINKUSD could undergo a substantial x4.6 surge between late 2023 and early 2024.
In the chart provided, you can observe the accumulation pattern, with the price action mirroring it remarkably accurately.
What strengthens this...
I know the chart looks ridiculous; it's hard to visualize such crazy vertical moves, but we have to follow history, and so far, we are still mirroring the last link bear market.
When you go back and spend time analysing Chainlink movement, you can you see that all of the big moves happen within a 40 day window, yep thats it 40days, extreme volatility and then...
Here are my thoughts on BIST:LINK on the weekly chart. Took the long already with low leverage (5x) and decent position size.Closing 30% @tp1, 40% @tp2 and letting the rest to run long term til tp3
Use low leverage and remember this is a very long term trade.
Please share if you like this trade setup.
Here is my thoughts on BIST:LINK on the weekly chart. Took the long already with low leverage (5x) and decent position size.Closing 30% @tp1, 40% @tp2 and letting the rest to run long term til tp3
Use low leverage and remember this is a very long term trade.
Please share if you like this trade setup.
If it repeats it's performance of the last cycle.
could we see 1 link trade for 0.0025 of a Bitcoin
at $100K Btc price this equates to a $250 USD value for Link
The problem is the trap in not being able to exit effectively at these prices due to thigh volatility and minimal time spent trading at these ratio's
So discipline and a plan is required.
Good show of strength today from #LINK
Otherwise know as Painlink!
But the pain could be over soon
If this falling wedge prevails as the main over arching big time frame Pattern,
that triggers and kicks off #crypto SUMMER
Chainlink (LINKUSD) hit today the 1D MA50 (blue trend-line) for the first time in more than a month after a Double Bottom just above the 1.5 year Support Zone. This rebound has been accomplished after the 1D MACD formed a Bullish Cross within the Buy Zone and rebounded.
Every time such a MACD rebound took place, the price has always hit $8.00. That is our buy...
💎 Paradisers, let's delve into #LINKUSDT, which currently presents two distinct trading scenarios within a tight structure.
💎 Currently, #LINK has been rejected from a daily resistance level for the third time, making it likely to retest its support level, potentially dropping by -8.95%.
💎 The support level at 5.779 of #ChainLink serves as a key reversal zone....
Link like many other altcoins remains bearish.
For a time being the price seems to be getting rejected from the upsloping resistance line.
We still expect 50 % drop.
$3,50 - $3 can be a good area to accumulate link for the next bull market. It would be approx. 94 % drop from the all time high which sounds reasonable if we look at the altcoins % decrease in the...
2 major trends have existed in LINK/BTC price history. Both ~3 years. Or 1000 days. Next trend break will direct this Upwards, and it could be for years
The God Protocol
