Hi dear friends, hope you are well and welcome to the new trade setup of Chainlink (Link). On a monthly time frame, LINK has formed bullish Gartley pattern. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
LINK/USDT we have 2 Strong Resistances im looking into both Resistances in 30min charts first Resistance(6.755$) LINK can perform Double Bottom and to drop down if break this Reisitance we looking Second Resistance ( 6.860$) for Double Bottom and it will be same for SHORT
Beautiful wedge, I think crypto bottomed, this should be a beautiful long here, first target $300's. I think it could start outperforming BTC & ETH.
If Chainlink cannot close below $6.5, it will possibly move to resistance at $12. Chainlink has not retested this resist yet, and selling pressure (volume) is weaker on the weekly timeframe, I am looking forward to buying the dip and watching intraday price action:)
Hello Traders! LINK movement within the descending trend began to accelerate, which may indicate the soon completion of the falling phase. If we take the correction of the cryptocurrency index (Bitcoin) to $20,000 - $22,000 as a basis, we can assume that the zone of interest of buyers will be below the current price marks. A suitable price range for asset...
A huge 400% decline has been seen and finally, a touch on the top of the Gaussian Channel has been seen This point is a good candidate for a reversal point, as it also correlates with the 50MA on this Monthly timeframe Very cheap right now
Weekly support/demand level on the outlook to be tapped and a possible rejection.
The price has broken down the Fib Channel 78.6% level, and it is anticipated to get down to the 100.0% (from the top) in the near future which would bring the price to around $8-$9 per Chaninlink token. To draw this Fibonacci Channel, the main trend line connects local high points. If the price does not hold this level ($8), the 123.6% Fib level could be the next...
A breakout that is possibly occurring on LINK Out of this large falling wedge structure
I was just mentioning this to another trader with very nice chart work. He had bitcoin shooting up. But if you look, even if that us where we are headed, you will need a drop down. Think about it like the superhero take off into flight. and superman, the new ones, where he almost pushes into the resisted form of the earth to absorb the energy of force. We need...
Here we are back to the 15 this is will be a nice test to see if the resistance holds, to me that would indicate an inching up on the belief in value, I like this project, but it's a wide open market. I feel like we might be hitting value soon, for me this will be like a raise in pitch, a tighter wave.
After check and research go your own way, nobody dont know the future
Good day, We are looking at the 1 day chart of LINK/USDT. As we can see, the price rising towards the first trendline which is around $18. Link usually seems to be following ETH and ETH is showing strenght. Furthermore, Oracles like Chainlink are key to make sure that different blockchains can interact with each other. Few understand. Press the like button...
Fundamental Analysis: Founded in 2017, Chainlink is a blockchain abstraction layer that enables universally connected smart contracts. Through a decentralized oracle network, Chainlink allows blockchains to securely interact with external data feeds, events and payment methods, providing the critical off-chain information needed by complex smart contracts to...
LINKUSD Falling Wedge. Possible Target: $38.21 Let's see where it goes.
Chart comparison Between Link and the earlier days of ETH ETH went through a long period of being flat which is a possibility for LINKUSD This pause period can be seen on the MACD as the bear cross Recovery could be as earlier as it touches the 50MA or later shown by the comparison