Link is one of the fundamentally strongest coins out there. Many gave up on it because it underperformed in this bull market, for now. I think that it will outperform BTC and even ETH form here. It's currently sitting on the monthly support and this is good R:R here for a long. This is an aggressive buy here at around 0.0004000 levels, more conventional buy would...
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⚡️ #LINK/USDT ⚡️ Risk Medium Entry Conditions: - Long-term Trendline breakout - Triple bottom - Flipped 50DEMA(Saw significant move after breaking historically) More of an initial analysis at this stage. There is a volatile week ahead although will be looking to build out a better position here over the coming weeks. News Source: - Entry: $7.116 Take...
Link is making the bearish harmonic pattern as well as got rejected by the trend line!
A bullish sentiment is in the air. -MACD is about to cross. -Risk metrics show a possible bottom. -Pi Cycle indicator shows a bottoming happened. -RSI is at its lowest level. -Price is at low levels on regression bands -etc... Now, what should we expect? A classic suckers rally?
LINK fell below its all time price channel back in early December 2021, a sign that buyers were exhausted and sellers have dominated the price action. When such a scenario takes place, the market maker is in control pulling up buy walls at a strategic point in the chart. In this case they protected pre-2021 valuations and went on a buying spree between 15 and 16...
For over a month, side trading is a dominant way of trading for LINK. Previous week was not different. Coin started the week at level of $6.3 and reached weekly highest level at $7.5, before it slipped back below $7. With the latest moves, the resistance line at $7 has been clearly tested, but the market just didn’t have enough strength to sustain the coin at...
currently printing bearish engulfing on 4h. looks like most alt charts, other than eth. attempted the high and ultimately rejected. bear divs on multiple TFs. think it forms a HL before the run to $10 with the rest of the market.
struggling at resistance. adding confluence to other short ideas that this local move is tired. leaning towards $6.26 or so which would tap our blue support box. another coin with a valid 4h bear div.
LINK positioned well for relative strength against bitcoin and major alts. Looking for some follow-through and ideally some support test at 150MA.
This could very well be the last few days we will see Chainlink at these levels ever again , the boat is leaving and it might not come back in to dock.
link looks pre good. Looking at taking some profit in the first area highlighted
I've been waiting for this rsi breakout since May, but knowing a bit more now, I feel like this might be another fake pump. The utility fundementals are still there but market conditions are as we all know, not optimal. Would love to hear another view (or even the same view)
Side trading continues for LINK third week in a row. During the previous week, the coin managed to move in a range from $5.6 up to $6.57. On a positive side is that during the last four days, buying orders were the dominant one on the market, which might further support the coin in the week ahead. Positive development as of the end of the week was that RSI was...
LINK is having an important 5-6$ support zone and a reversal is completely possible here. The current selling force is very weak and the buying power is gradually taking over, so accumulating LINK at this 5-6$ zone is a good idea for long-term goals. However, there is still a risk that if LINK loses this 5-6$ zone, it will fall to the 3$ zone and then rise again...
USDT dominance continues to be the most important chart in crypto to look at. Its is so good and calling tops and bottoms and general moves in the market. April 5th 2022 i posted this TA The most important triangle of the year! guess what date the USDT dominance started its parabolic move April 5th 2022! Bitcoin was 48k at the time, this is the most important...
Hello friends We are waiting for your views and comments
Past Performance of Chainlink Chainlink prices are trending at around 2022 lows, and sellers are still in control. Despite the optimism, LINK prices are within a bear flag with decreasing trading volumes. With LINK stable and up two percent on the last trading day, the short-term trajectory depends on the reaction at $6.8 or $5.5. #Chainlink Technical Analysis...