Hello, today we are going to look at a rather interesting currency ChainLink.The interesting thing about it is the price and it is proportional to the price of Bitcoin (~ 75-100%). What does it mean? a perfect investment alternative as its price at the time of writing is $ 1.78. Some of you will be wondering what makes it so unique after Bitcoin is the "King"....
ChainLink (LINKUSDT) can easily move higher from current levels... Let's see...
When we look at it short-term, we can see a strong break above EMA10 with increasing volume.
When we go out and look at the bigger picture, we can see that June's 2019 support has been activated... There is good potential for a...
Priceline of Chainlink / Ethereum cryptocurrency has formed a bullish cypher and entered in potential reversal zone.
But MACD and Stochastic are still strong bearish therefore I will would suggest to wait for weak bearish signals from MACD or bull cross from stochastic for secure trade otherwise the leg can move more down to form a shark pattern.
I have defined...
Priceline of ChainLink / Bitcoin has formed a bullish shark and entered in potential reversal zone.
RSI has still more room to enter in oversold zone.
MACD is strong bearish.
Stochastic RSI is oversold but did not give bull cross.
Volume profile is showing less interest of traders here
I will suggest to wait for MACD to turn weak bearish or for stochastic RSI...
I've been targeting 1.4-1.5 range since $3.20s. Felt at first it would be difficult to achieve yet things are still playing out. We should see a bit of relief here to only then fall back down further for launchpad.
LINK is approaching the main zone of interest right now. Traders can look for entry points right now with a stop under the dynamic line. Zones of interest and targets are on the chart. Good luck everyone!
LINK has been one of the best performing top 100 market cap alts in the first half of the year.
After making all 5 Elliot waves it was time for some correction. It seems now it is the perfect spot for new growth:
- we have a higher low (bullish sign)
- its located in the area between 0.618 and 0.65 Fibonacci levels (golden pocket)
- there is a strong support line...
Check out this trade setup for a long (buy) signal on Link. Makes for a nice swing trade.
After correcting to the 61.8% fib retracement and approaching the longterm (red) support trendline, I believe Link is ready to explode for a 200% pump over the coming month or so.
Target at $6.18 is a confluence of AB = CD extrapolation and the 38.2% fib...
Priceline of Chainlink / Bitcoin cryptocurrency has fomred a bullish CRAB and almost entered in potential reversal zone.
I have defined targets using Fibonacci sequence:
Buy between: 0.00021167 to 0.00020197
Sell between: 0.00021920 to 0.00023743
Atif Akbar (moon333)
$LINK made upper inclined trendline from resistance to support recently, but is not looking to make new highs soon.
Will consider adding some when we pass the blue horizontal line (current price resistance) as confirmation of an uptrend.
If we get the IHS pattern, then I will be exceptionally happy :)
BR & safe trades
Priceline of ChainLink / Tether US is forming a bullish shark and soon it will be entered in potential reversal zone.
I have defined targets using Fibonacci sequence as below:
Buy between: 2.2656 to 2.1830
Sell between: 2.3423 to 2.5108
Atif Akbar (moon333)
Im bullish on this breakout. I hope we see the top of the channel after golden cross is confirmed. Time to get the popcorn out baby.
Second published idea. Ill keep my blue and green fingers crossed ;]]]]
Hi, today we are going to talk about LINK and its current landscape.
The LINK is at a clear key point. As much breaking of Uptrend line such as the Downtrend Line is going to be shocking for the future of the asset. At the chart, we have the zones of supports and resistances that can be utilized, as targets for the Breakout.
Thank you for reading and leave your...
I think we will see LINK break the 25k block and move up to as high as 27-28k within the next few days. However, with zero to no news of a "major partnership" I could see link going back to demand zone between 13-18k sats.