BIST:LINK at a key inflection point where sellers are trying to push price down, however buyers seem to be soaking up the demand and I would say it is a range bound asset between these areas. I pointed out 2 times via prior history where the demand shows to be too much for bears to bring down, as buyers push for a 10% mark-up once confirmation is in. IF ...
Howdy Paradisers! At the moment, LINK is reflecting a wedge pattern, with a significant observation being its trading stance in a potent demand zone and slightly above the EMA 50. 💎 Another consideration is that if the price dips back into strong support due to the market volatility that has been a common theme in recent days, it might consolidate. With an...
NASDAQ:LINK did not let the bears break her down past this strong support and produced a nice bullish rectangle driven by bullish divergence on the MACD. IF LINK can spring, backtest local top of the structure and buyers demand, could make a good move.
Since October 2022 I have been getting things wrong with chainlink a lot , pretty much the only coin where I missed the target and time over and over . Most of the time its easier to trade Litecoin because it actually has organic movement. Chainlink has not been moving organically in my opinion , there is no historical price movement that we can compare this...
Short-term scenario: In the 4-hour chart, Chainlink is following an ascending channel pattern, which is a bullish sign. LINK's current price is around $8.00, near the upper Bollinger Band and the 0.618 Fibonacci level, which are both significant resistance points. The RSI and Stochastic Oscillator are close to overbought territory, suggesting the possibility of...
Hi Traders, Investors and Speculators of Charts📈📉 Chainlink ( LINKUSDT) has recently made some big increases and it seems like this altcoin isn't done yet. The Technical Indicator in the Daily timeframe is extremely bullish; we see a bullish cross on the trendlines. From the weekly, we can clearly identify the market cycle of accumulation phase as being...
Chainlink (LINK) is currently displaying a bullish signal as it bounces from its last support level. This price action indicates renewed buying interest and suggests a potential upward movement for the cryptocurrency. Chainlink (LINK) has established numerous partnerships across the blockchain and cryptocurrency ecosystem. Some notable collaborations...
NASDAQ:LINK will be heading a lot higher. My study is just mid term but long term we might see astronomical numbers.
In this trading idea, we will explore the potential shorting opportunity for LINK/USDT, driven by recent news-induced overbought conditions and strong over-extension from the TBO Fast Line. The confluence of factors, including resistance at previous TBO Resistance lines and the 0.236 Fibonacci level, presents a compelling trade setup. Reasons we are looking to...
💎 For over a year, #ChainLink has been range trading, but this changed in the last week. #LINKUSDT experienced a decisive break and close below the $5.5 support area. From a technical perspective, this could be seen as confirmation of the downtrend. However, we must consider the year-long price action before drawing conclusions. It is prudent to wait for the...
Chainlink holders have been in pain ever since May 2021 (the point where I sold around $48) but luckily after hard times, the strong survive and good times are coming. We tapped the last imbalance and the 6.18 as a macro support which lines up perfectly with the spring phase in the Wyckoff accumulation scheme. To me it looks like we will exit this sideways chop by...
The initial significant level of resistance lies in the vicinity of $7.342. A definitive breakthrough above this threshold has the potential to initiate a fresh upward movement towards the $7.500 and $7.893 levels. Subsequently, the next prominent resistance level emerges around $8.000, surpassing which the price may revisit $8.800. In the event that Chainlink's...
Hello, Community! Let's continue analyze altcoins using the SmartBot algorithm. While Bitcoin is staying at the same price and it's trading is so boring and not a profitable, BIST:LINK is showing us some interesting opportunities. If we set up the strategy start period at the beginning of July we can see that SmartBot has created the previous base and...
ChainLink (LINK) technical analysis: Trade setup : Trends are improving. Price has bounced up from oversold levels (RSI < 30) near $5.00 support zone and above $6.00 resistance. However, it needs to break above 200-day moving average (~$6.70) to confirm trend reversal. Trend : Uptrend on Short-Term basis, Neutral on Medium-Term basis and Downtrend on...
LINK is forming a head and shoulders bottom, on a daily timeframe, if this turs out to be legit, it could give a pump of at least 15% targets are weekly 12EMA and 21EMA
Hi Guys Hope you well, As you can see, the link was able to make a good move and the price of almost 35% growth in the daily time, according to the conditions of Bitcoin, it can be expected to experience a weak decline and then reach the supply areas in the daily time form. Two zones have been specified for the return of the price, which should be checked when...
Since June2022 chainlink is in accumulation bearish zone. The Resistance(S.Chart) has been tested 5 times, where the sellers pushed down the market,with increased bearish volumes. A break down oof the channel has more probablitiy as the bearish volume in the southern areas is increasing(I have marked them for you with red arrows) The market collapsed after the...
Is it over for chainlink , are we going to 0? Just three days we had amazing news for chainlink , the swift integration , this is massive news but if you been following LINK for a while you new it was coming. Three days ago we were flooded everywhere with these articles letting everyone know how amazing this development was and how bullish this was for...