link 1h double bottom pattern
Red big candle with falling gap was appear in LINK chart and there is divergence on stochastic, they are signs for downtrend The price problably will go up a little bit to Fibo 0.5 or 0.618, after that it will go down to violet dash line
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Link has had an incredible run. We all know up moves don't last forever, will Link hit 50$ or was 20$ the top? RSI looks like it has room to run but that can be deceiving. Trend line clearly broken. Potential bids at pink boxes depending on situation. Also looking for possible retest of the blue trend line but would have to break above the lime green 100 MA line...
LINK/USD tumbles from the recently traded all-time high to test support at the 38.2% Fibonacci level ($15). LINK/USD likely to settle for consolidation as the RSI moves horizontally around 44. Chainlink made a remarkable move this month, trading new all-time highs at $20. Unfortunately, the bulls lacked the momentum to sustain gains above this level, leaving...
LINK/BTC -ChainLink is on a 4H downtrend -The important area of support is at 0.001 range -That zone is a confluence of 200ma dynamic support -Keep an eye of this level, the potential bounce is highly possible -But always wait for any reversal signs before opening a position
The trend is your friend, the trend is your friend, the trend is your friend. say it with me! At least I hope so. Listen, I think we are in a bull market. This is likely a healthy correction. Chainlink has a good fundamental case use unlike some shitcoins out there. Furthermore the correction is likely because of cautious (smart) people having stop losses in...
We are in a range between $15.1 and $16.5 currently. If we break $16.5 I can see $18+ again. If we fail $15.1 I see a drop to at least $13.1. Neutrual right now until I see a level hold as support/resistance.
Don't think Links rally ended up yet. The momentum is still here and we could experience at least one more big push. Before that would expect retrace and bounce from 1200. Links chart really reminds me a $btc bull run from 1 to 20k... Forming crocodile shape teeth every time it retraces with more and more steeper rally... Be mindful when to get out. There is so...
So the bubble did indeed burst on this one. Now what? Probably we will see a bulltrap in a few hours. Than another big drop. What do you guys think?
What do you think about this scribble? Interesting
LINK seems to have reached the end of 5th wave of Elliots Wave and after that we should see ABC correction back to 4th wave. RSI further proves us what has been the trend after reaching oversold levels.
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This is a very typical bubble chart that is already getting ugly here. We'll see $12 soon enough and then $5. I don't plan to hold for that long but it may drop to lower than that. Short when BB %B breaks the trendline.
Buying the Dip. Check the chart. Still long-term Bullish Divergence on the 4h
My sell zone and target for link. Link is probably one of the best performing coin this year. It has had a huge run up since March. I believe Link can get up to $25 sometimes this year, but, in my opinion, i think it should correct down a little bit before getting there. (Not financial advice)