For LINK, we can expect a positive reaction to this level for the short-term and in the 4-hour timeframe, considering support in the range of $6.129 to $6.316. If candles and reversal patterns are seen in this area, the possibility of a retest of the $7 resistance level remains. But if this area does not react positively, the second range at $5.90-$6 can be...
This week, we will stick to the 4-hour time frame to analyze the price action in detail! After setting a new 52-week low earlier this month, LINK seems to have recovered significantly from the fall. It broke a very crucial support at $5.7, however, the bulls were quick to return to help push the price back above the demand zone. We can see strong momentum, and...
LINK has been trading in the range 5.5-9.5 for quite some time. There is no sign of breaking the pattern downward. And it is pretty safe to enter a trade here. The plan is to buy at 5.5 and sell at 9.5, trade the range. In the worst-case scenario, LINK broke the $5 mark downward, and we take our losses and get out. Entry: 5.5x-5.6x Sl: 4.9x Tp:...
Very Bullish on #LINK And I believe should be a key holding in your #Crypto portfolio. It has a MOAT after years of development A Value creating leader and cornerstone of the coming smart contracts and smart applications being built on #ETH
The LINK coin has been moving in an uptrend for a year and a half !!! 545 days !!! Since the inception of the uptrend, the coin has now grown by more than + 1000%. This is one of the rare coins that goes against the market. Now there is a correction to the uptrend line. Watch the line of the uptrend when the price approaches it. It is very likely that a large...
Just charting a couple different possible scenarios for Chainlink because I'm bored. This is similar to the one I previously posted but with less downside and a lower cycle top. Keep in mind I am not trading this or using this as a strategy whatsoever, just some random TA for me to practice with tbh
Last week, LINK reacted positively to the support range of $5.42-$5.57 and returned to the previous resistance at $5.75-$5.85. This static resistance is reinforced by a dynamic resistance, whose trend line you can see in the chart. The complete breaking of this resistance should be done simultaneously with the breaking of the resistance of $6.317. Otherwise, due...
ChainLink (LINK) technical analysis: Trade setup : Bullish breakout from Descending Triangle. Upside potential up to $7.00 resistance zone (also 200-day moving average). Recent rally was driven by launch of staking service. Trend : Downtrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is above MACD Signal Line...
Greetings dear traders, today we take a closer look at ChainLink. I am currently putting a Limit at $5.671 as I am expecting a slight uptrend to the last liquidity higher around the $6 level I expect the short-term uptrend to remain for about 2 to 3 more days
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. LINK has been stuck inside a big range in green between 5.0 and 10.0 and it is currently sitting around the lower bound (5.0) so we will be looking for buy setups. For the bulls to take over, we need a break from a short-term perspective, we need a break above the last...
Past Performance of Chainlink Chainlink is backed by solid fundamentals, considering the significance of the protocol in DeFi and NFTs. However, looking at price charts, LINK has not been spared. The token dropped 82 percent from 2021 peaks and remains within a bear breakout formation at spot rates. Unless there are sharp expansions above $8, sellers are in...
LINK has been trending down for the past few weeks. A support level in the $5.75-$5.85 range caused only one downtrend correction, and it was broken again as sellers took strength. On the other hand, a downward trend line is considered on the chart, and if this resistance is broken, we can expect the price to grow to the ranges of 6.5 and 7 dollars. But if the...
ChainLink (LINK) technical analysis: Trade setup : Price broke back below $7 and 200-day moving average and appears to be trading in a Descending Triangle. Price is nearing a pinnacle of the Triangle, hence, a breakout is imminent. Recent rally was driven by launch of staking service. (set a price alert). Pattern : Price is trading in a Descending Triangle...
SPOT (DCA) trade into LINK for long time hold. 2022 - What a Ugly crypto year! Chainlink (LINK) have now been ranging for quite a while. At the moment LINK are at the bottom on the "Daily-channel" -Stoch RSI oversold. Of course BTC can move to 10K-13K and LINK will follow that fall. But if you believe that we are close to the BTC-botton - the timing for DCA into...
According to the weekly chart, it has reached its support level again. Otherwise, with the failure of the support zone, we will continue the downward trend. Its not Buy or Sell SIGNAL DYOR BY : M.TeriZ - @AtonicShark
Period of each previous cycle from bottom to bottom: 2011 cycle (orange line) - 1148 days to reach the bottom. 2015 cycle (Blue line) - 1435 days to reach the bottom. Current cycle - 1470 days... BITSTAMP:BTCUSD BINANCE:BTCUSDT
ChainLink (LINK) technical analysis: Trade setup : Price broke back below $7 and 200-day moving average and appears to be trading in a Sideways Channel ($6-8). Swing traders could trade the channel: Enter near $6 support and exit near $8 resistance. Recent rally was driven by launch of staking service. Pattern : Price is trading in a Sideways Channel , which...