Chainlink has done well over the past month or so, rallying hard again after a huge decline, plenty of rumours with intel has caused a lot more demand in the token. Price action has really helped this stand up when other altcoins have suffered.
LINK price action bellow 2.3$. Break EMA 21 and 50 periods. LINK achieved 2.2$ price level. LINK potential finished ABC correction. Still Hold above EMA 100,200 and green support trend line. Still don't break uptrend.
Potential rebound up to 2.52$ price level.
Volume increased and confirm bearish price action.
Indicators: MACD going to bullish crossover bellow...
- Holding the Strong Support (17k Sats)
- Making Falling Wedge as Well in Daily Chart.
- Volume is Decreasing & Indicators Are Turning Bullish.
- If Remain Above the Support Then Breakout Expected in Coming Days..(67% PP)
Please, give us your opinion in the comments!
If you like the idea, please, hit the Like button and subscribe to the...
- Forming Rising Wedge in Hourly Chart..
- Double TOP as Well..
- Expecting a DUMP in 4-5 Hours..
- Better to Take Profit & Short LINKBTC
Please, give us your opinion in the comments
If you like the idea, please, hit the Like button and subscribe to the profile in order not to miss our updates.
Join Telegram Channel for more analysis -...
As I have been explaining in my other idea, main price structure broke down, giving a nice chance to short at 2.7$, so time for the correction of the entire bullish move since september is on the play.
Price is entering at the moment again in the main range, so a visit to the middle range is on the play, and probably to the...
LINK has shown the last couple of Months that it has in its own life. It gives a fxxx about how Bitcoin is doing. And once again it seems like we are making money it when I earlier gave my Family this signal.
We have already went through heavy resistance, and take a look at that last 4 hour candle. And the volume will most likely go even higher. And you can still...
The main reason $BTC and $ETH are 1 & 2 in market-cap is quite simple, they have far more network adoption than any other projects by a wide margin. However, judging by protocol developments, on-chain usage, & community growth, I see another project ascending to that status $LINK if you look at the charts Chainlink related smart contracts have out run every other...
ChainLink (LINKBTC) continues to grow... We are looking at a very strong uptrend (ascending channel).
The indicators are really bullish and signaling that this uptrend can continue.
On the chart above you can see the next resistance (magenta) and support (blue) levels.
Here is the earlier chart, when the retrace was completed... (hit play):...
i was going to make an update on bitcoin but because of the overwhelmingly high request for link here it is,
lets go back a little so you can understand the bigger picture as always,
we were in a downtrend, lower highs, lower lows, retraced back to the 200ema, got our double bottom, trended upwards to gain our pattern move %, broke all ema' resistance, every...
I have been a trader for 13 years and traded through the financial crisis . I have been around the block , gained and earned lots of experience while constantly learning from the best traders in the world. I am a full time trader , help/teach people how to trade properly and profitably .
I ALSO RUN TRADING ROOM OF VERY INTELLIGENT TRADERS AND...