Simple trade, follow stop loss and target for the wedge. If you sold the top of the last pump or near, this will be a great opportunity to get back in for you so you don't FOMO on the next one. :) If you prefer less risk, you can choose to buy on breakout. Also mainnet on Ethereum for existing DAPPs was announced yesterday at Consensus for May 30th so I'll keep...
S/R zones on weekly and monthly timeframe. Chainlink is keeping it's trading ranges beautifully. After the mainnet announcement, I can imagine that it breaks through resistance on it's way to new highs. Definitely a project to keep an eye on.
Impulse count and price action shows strong bullish momentum. This could be one of the rare altcoins that could push up more once BTC corrects some.
>>7777777 0xchan /biz/ for life~
Disclaimer: LINK has gotten destroyed in sats over the last week. This entire prediction relies on btc not dropping like a rock, so make sure to run a stop loss around 48 cents. This is an update on my most previous post. I am limited to 3 indicators, and did not save the pitchfork from last time, so it is not perfectly set up (though it is roughly aligned). I...
Good entry from technical analysis point of view, not to mention fundamentals.
Easy target for link. It broke out on daily 5K to 6K sats easy
LINK broke out of its descending trendline and is currently breaking into resistance If it can break above here, a test of ATH is on the cards and could very well break up higher into price discovery mode Thanks guys!
Let's see if it bounces up 20% to the asscending triangle resistance. I think it is to early for a break out
Welcome friends, to this analysis of LINK. Many of you are probably familiar with Chainlink on a fundamental level, and may have watched my previous analysis on LINK which you can find here: This is going to be a straight-on technical analysis to show you what a beautiful trading opportunity is forming on LINK right now. What I believed to be a falling...
As you can see the symmetrical triangle formation on the daily; ChainLink can be expected to break out in the coming days. MACD has flipped which has signaled an end to the selling pressure. Bears were unable to break through support of the triangle which signals a possible breakup rather than a breakdown. Resistance at the orange line which is the moving average...
Chainlink overvalued compared to counterparts with similar marketcaps. Will it carry on being the outlier?
Chainlink seems to be overbought in comparison to other altcoins.
Fundamental and Technical analysis on LINK. Not so well versed on Chainlink's fundamentals, but its technicals are beautiful.
Commodity : CHAIN LINK Trade Type : LONG Trading Against : BITCOIN Entries : Double-UP Entries throughout the Buy Zone Profit Taking : 25% at each TP point Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on Duration - 1-4 weeks Investment in trade : 5% of the total Trading Balance. Prospective...