LINK 6H support is at ~$20.1
Enter 50% here
and try to set some buy orders near the support zone
If LINK holds above the trendline,
the Take-Profit target would be $22.4, $24.5, and $26.6
Cheers
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. As you can see the price was able to break its resistance line which is now the support line S2 and now is inside a fairly bullish channel. There is the R1 line which the price hit and could not break it. There is also the support line S1 which the price has hit...
Just a simple prediction charting out where chainlink will go next before making a possible retrace back to its previous low. It's higher high lands right at the break of new years jan 1st 2022 before possibly retracing back down.
So not only does chainlink look ugly on the Daily, it also is forming a head and shoulder scenario. Will chainlink count us down into the new year? Personally I think it's looking that way. $26-$28 is our high before the countdown begins. Just an observation not financial advise.
As the major go to oracle in the crypto space that powers the majority of DeFi, Chainlink (LINK) is undervalued at these levels below the 0.236 Fibonacci level at $23. We're also in a trough on the weekly RSI's meaning we're pretty oversold. Chainlink has nice steady long term growth and I personally believe Chainlink under $20 is a steal long term. Point of...
Taking a look at the king of decentralized oracle networks.. LINK, i noticed we were making some nice progression to the upside from below our 0.2 FIB after breaking out beautifully out of the descending channel, we pushed all the way up and strongly closed above the 0.2 FIB, then as always BTC decided to crash the party (LINK marines joke) none the less Bitcoin...
As we can see, the price is in an important range and recommended to keep an eye on it ... #Requested_Analysis
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 28.DEC.2021
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It...
Chainlink was moving in a wedge for a long time and now broke it. I think it's current move is a pullback to wedge and after completing pullback, we have a downtrend.
We see two nice patterns taking great shape here.
1. We see a beautiful descending wedge with a clean break out and support tested.
2. A perfect Adam & Eve patten, which seems to be playing out well
We see a breakout target as high as $29.63 ~ which is a 57.58% gain from the break out. We have seen Chainlink do this in the past, consistently going into the...
Hello everyone !
Today we analyze ChainLink (LINK) based on a Two Weeks chart 📈
What we can see :
- Prices evolve inside a parallel channel since April 2019.
- Right now, prices took support on the lower channel level + white trend line.
- Prices are still under the black downtrend line
- There is a bullish div on the RSI
* Eric Schmidt recently...
BINANCE:LINKBTC bounced off a key support level on the 1D (the green highlighted box). Link has been in a falling wedge for a LONG time, we may finally see a breakout now that we have bounced off of a key support level.
@cryptobullet1 tweeted about this wedge, and i agree, i think this bounce may take link up.
As you can see on the chart we have the following bullish setup:
1. Holding support on the $18 Support
2. Engulfing weekly candle
3. Holding the support of the bottom of the channel
4. Bullish divergence on the RSI
5. StochRSI crossed from a low read
Invalidation (STOP LOSS): Weekly candle close below $18.8
Targets:
1st: $35 (previous highs)
2nd: $50 (around...
LINK forming a Cap and Handle, so is it possible for upcoming 25% gain? I think Yes it can, so let's look at this chart closer for upcoming days!
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