In the daily time, the possibility of such a movement can be imagined for it. Considering the strong resistance that exists in this time, I expect a price correction in the lower time for it.
In the weekly timeframe, if we consider a hypothetical channel for this move, the midline of the channel can be considered as a support that can move the price towards the three red lines in the first step, where, in If it does not face serious resistance, you can consider the roof of the channel with red targets
Considering that in the monthly time, the downward trend has started and continues, if it breaks 5.324, it is possible to check the price in the two green lines.
Since June2022 chainlink is in accumulation bearish zone. The Resistance(S.Chart) has been tested 5 times, where the sellers pushed down the market,with increased bearish volumes. A break down oof the channel has more probablitiy as the bearish volume in the southern areas is increasing(I have marked them for you with red arrows) The market collapsed after the...
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Hello Crypto Lovers, This is a 1D frame analysis for LINKUSDT As you can see, the price has been able to move above its support line and we expect the price to form an inverted cup and handle pattern and after completing the handle, it can bring itself to the first resistance zone. However, if it drops below the first support line completely, we expect a further...
Is it over for chainlink , are we going to 0? Just three days we had amazing news for chainlink , the swift integration , this is massive news but if you been following LINK for a while you new it was coming. Three days ago we were flooded everywhere with these articles letting everyone know how amazing this development was and how bullish this was for...
"I believe all" influencers had 27k target for $BTC. Even posted on some of them that it WAS NOT the target. DAYS ago we said 28K was the #BTC target for #futures. Spot #bitcoin shows a lil extra room but IMO Futures dictate price, limit lil over 28k = 80%+, took it. (talking about the leveraged positions took few days ago (see profile for more info). ...
Here's your weekly update ! Brought to you each weekend with years of track-record history.. Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the LINK symbol. It seems that we are in a large diametric that we are at the beginning of wave E of falling. We have two targets in front of us that I specified For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and...
We have ending diagonal. End structure, time to buy over good zone here. Get somes.
Link have a good position for a low leverage for trade I think
Chainlink (LINK) presents a promising investment opportunity, especially in light of recent market developments. With BlackRock's filing for a Bitcoin trust rather than an ETF and the SPX reaching a 52-week high, the market sentiment appears to be bullish. Despite being oversold and finding support at its last line, Chainlink's technical indicators suggest the...
We are closing EOSUSD forever... Let me explain. Here we can see that EOSUSD broke below its Jan. 2023 low, its Nov. 2022 low and even its June 2022 low. This is all thanks to the SEC of course but this doesn't change the fact that support is weak on this Altcoin. We use the bigger Altcoins to trade with leverage because they have less dramatic swings compared...
Very clean count on LINK, we just broke down from massive support range, if LINK continues to hold below without a quick move back up into the range we should expect a full 5th wave down to finalise the correction. Target $2.5
LINK/USDT Technical Analysis Chainlink (LINK) is currently trading at $5.37, down 90% from its all-time high of $54. The cryptocurrency has been in a downtrend since the start of the year, and it is currently forming a bearish flag pattern. A bearish flag pattern is a continuation pattern that forms after a sharp move up or down. The flag is formed by a...
We are ready for the bull market as Wyckoff accumulation is now about to complete. This suggests that LINK is at the sweet spot to buy.
Historically Link has been brilliant to trade from a technicals perspective. You can see the prior consolidation channel and the 2 x Head and Shoulder patterns that played out beautifully. You can also see how the green circles were great entry levels At present we appear to be in a consolidation box awaiting breakout. I am leaning Long Term Long for the...