Exchange: BINANCE Coin: LINK/BTC Buy Zone: 29059 - 29376 - 29590 TP: 29830- 30405 Stop Loss BELOW: 29020
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.
I think it will go this way up and then down. Happy trading !
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...
LINK price action above 2.5$. Break down EMA 21 periods and was started ABC correction first wave rejection to 2.465$ second B rebound up to 2.788$ and finally C slowly grid down potential to 2.2$. Pirce action above EMA 50,100,200 still uptrend. Potential retest green support trend line. Indicators: MACD bearish crossover bellow zero line. RSI bellow 50...
Pattern: Channel Down on 4H. Signal: Bullish once the price rebounds near/ on the 1D MA50 on a similar sequence with June. Target: 4.5000.
$LINK Retraced back to ~28k sats level getting some rejection at almost ATH BTC values.. Willing to see if it will hodl this level and push back up or fall to a lower level.. UCTS is red across the board.. #LINK
Hello friends, welcome to my chart analysis! LINK forming descending triangle and looks like to test support line for mid-term (4h-chart based). Overall bullish, but correction required. Thanks!
I had done this analysis when $link hit 2.92 few days back!
As I have been explaining in my other idea, main price structure broke down, giving a nice chance to short at 2.7$, 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 lower part. I see very few...
Pretty self explanatory. It broke 2.35 while publishing gotta go !
Updated the Chart, but we could run before then. Have all my eggs in $LINK as it has the most potential.
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...
Today I go over the compression range of btc, while taking a peak at the trends of xrp, link, and zrx.
link looks a bearhit in play and ftx list link , for short this popo