LINK is nowadays one of the most bullish coins on crypto market. I´m waiting for retracement 0,236 - 0,382, because this coin have insane power. All important moves, Targets, Buy zone are written in chart :)) I wish you at least 30% profit ;)
LINK/USDT had been looking surprisingly well recently even after the breaking down of an important support line - the .618 fibb, breaking back up through the resistance of the fibb line and into positive territory.
However, it has yet to successfully turn the resistance into support. And while it initially made a positive break up through the pennant it had...
$LINK
Retest claimed level at ~23k & now is pushing up again.. (volume not very strong but watching it closely )
Golden cross on the 12H(EMA50/EMA200)
RSI at overbought levels (bullish) both on 1D and 12H chart
If continuation happens from here, aiming for ~27/28k sats
#LINK
looking for potential inverse H&S to continue the bullish trend. broke thru 24.5k resistance on the weekly, but it all depends on what btc decides to do. if btc pumps or dumps, i see link taking that final local dip to form the right shoulder and continue upwards to break out of the triangle.
Support and resistance have been identified
Red areas are important and strong
The green areas are Target
Look at the trend lines
Look at the channel
Time range specified
Chainlink is continuing its early-month rally, with the cryptocurrency fully eroding its September trading losses. The LINK / USD pair is also one of the few cryptocurrencies in the top twenty by market cap that is trading above its key 200-day moving average.
In percentage terms the LINK / USD pair has gained close to thirteen percent since the start of the new...
LINK has been hot of late and has showed little signs of slowing. Since breaking the uptrend in August, it has come back with a vengeance. The price action is in a bit of a rising wedge as it inches itself higher to the uptrend. Normally, a rising wedge is a bearish pattern. However, the OBV looks very bullish to me, which suggests we may have a serious push up in...
Price of Link against BTC seems to follow a parabola.
Will observe closely. Currently 3 support/touch points with the parabola fit...
trade safe and goos luck !
ChainLink (LINKBTC) had a massive bullish wave that ended in early July, it has been retracing since...
Right now we are seeing signals that the retrace for ChainLink vs Bitcoin might be over, let's take a look:
We can see a classic ABC correction.
Support was found at example the 0.786 Fib. retracement level from the last bullish wave.
LINKBTC is...
I am liking this setup. We broke the red resistance line that I created. not only that, we are getting a convergence of the two MA with the 20 potentially crossing up the 55.
Things I like about this setup :
Above the 20 MA
Broke the red resistance line
Forming an uptrend (green line)
Above the two Ichimoku indicators (conversion/base) for more support
I like...
