I decided to take a little bit different approach than most of people and look at Chainlink situation as a whole. Look at the idea, chart, recent collaboration with Google (Yes, Google - giant, which basically rule the world). I believe we are currently in the bull market. In this point it's not about worrying about the losses, but about the profits. Nobody wants...
Just using two Fib retracement and extension grids, all of the key S / R levels are neatly exposed. Could a weekly close above 2.618 imply further upwards movement? Or will the retrace continue? Also interesting to see an essentially non-decreasing OBV and high up above LINK's long term (mean reversion) trendline. Should be interesting to watch.
Chainlink looks to be forming new support at the previous ATH level .00018. Low risk entry with tight stop just under .00018 is available. This is very very bullish if it does find support and bounces here. .00018 Key level. If this fails next support is .015ish and a bounce and support there still keeps the bullish chart trend, a bounce here at .00018 is just...
Chainlink looks primed to follow another cup and handle burst upwards. If this will occur, we should expect at least 20k sats in the near future. In addition to this, the 1w OBV is at ATH after breaking it's most recent. 1w MACD is set to cross and explode upwards as well. Should be a fun watch. Stay tuned.
Chainlink (LINK) could potentially setting up for a move upwards. Looking at the chart .00009 is an area that has been resistance and support numerous times since November. While technically it is bearish to see price fall below this level, then bounce back and find resistance there, it has held a pretty solid floor around the .0008 area, and seems to be continue...
Chainlink potential support is this .00013 level. From here bullish scenario is the green path as it would be old resistance now becoming support. Bearish scenario is the red path of a dead bounce into the shaded area where it rejects falling back to this .00013 level and retesting it. If the .00013 it is at now acts as no support and price falls through without...
LINK I'm leaning towards bullish continuation to our target at R2, however I think we could see a pullback into grey box first, I'd like to see it hold as support. I'm liking the volume here, shows very strong demand.
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.
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!
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...
Trying to break from the falling wedge after retracing to the .382 fib level since the 60%+ run that happened on January. Volume is currently rising. RSI Rising and MACD about to bull cross. Potential Targets on the chart. UCTS showing a buy on the 12h
Chainlink has hit an important channel support. The overall trend is quite bullish, but should it break down from this channel, and especially the fib zone beneath it, it will likely correct lower. If it follows this bullish channel up, and breaks out, then it will likely continue the bullrun. You can seem the links of my past Link analysis. I'm doing these...
RED ARROW indicates the EXPECTED Time and Targets Level Stoploss point up to maximize profit and reduce risk I'm working all the time, even in Bearish Market
I've been following Chainlink for a while and wanted to post this update. It is once again approaching a key crossing zone where it will either breakdown or resume the bullrun. You can see by the chart where the resistance and support are meeting. I don't know if it will breakdown or break out, but a move will likely happen soon. If it falls below that blue...
LINK is almost done with consolidation, but indicators are still not good. This forecast is for the case BTC continue growing above 3400.
LINKBTC ChainLink / Bitcoin BINANCE 1D up to 11FEB19 Trading Analysis (TA) 1D Chart, ChainLink (LINK) by December 11, 2018 (1), was able to break down the 100 days MA signal, and find support over the 200 MA signal for days before rising its price hovering over the 60 RSI line (2), now the price is correcting moving down toward the 100/200 MA signals (3),...
After the first subwave of the wave 5, was a triangle correction.