KRAKEN:LINKUSD has been following these bull pennants since it was created, jumping into smaller and smaller triangles. Arbitrum is scheduled at the end of this 4 year triangle, it looks like they're positioning link for one last fakeout before the arbitrums pump to 100$
Link is following this channel since the drop from 37$
This trend could mean chainlink taking a short term drop as low as 30.29 in the next few weeks without breaking this upward trend.
I see this trend breaking upward in June.
Long term link has followed this pitchfork trend that has lined up with adoption rate over time. Started in 2017 and it's still playing this pattern out.
Over the years it has made massive bull triangles, and is consistently breaking them before they complete.
If we keep running along the middle channel, it can break up into the highest channel upwards of 100$...
Link has played out W patterns multiple times in the past and looks like its following that pattern again.
Bouncing between the bull pennants on the daily charts for a few more weeks until it breaks upward from this pennant and paints another W. Mostly sideways action but slightly bullish.
There's a possible way the triangle gets bigger if link goes to 37 in the...
Chain link cryptocurrency price made successful breakout in trading chart and now looks good.
price can move higher from here and it can give us really good return in short time.
You can Buy your chainlink here below 52500 satoshi and hold for good return
Buy : below 0.00052500
Stop : 20% , 0.00041000
Target : 56K , 63K , 72K , 79K
Bitcoin price today made...
Chainlink continues to perform great against BTC and recently broke through heavy resistance at the 0.3 FIB Level, we are currently underneath this level in a little bit of a cooloff and looking soon to go on another run! What I am most bullish on is the potential Golden Cross of the 50 day MA(Green) and the 200 day (Red), this would be extremely bullish and would...
BINANCE:LINKBTC Looks Nice atm. It remained in ranges during Last few weeks.
Most of indicators are taking a shift towards bullish bias and volume had increased over past 2 weeks.
Currently Needs a bit more Volatility but a breakout looks like around the corner. Its a 2 day chart it can take time to develop do not fomo buy.
Weekly levels zoomed in...
Link went to the all time high 36$ range in Feb and channel A dropped into triangle A.
it broke the triangle into another channel upward to break a new previous high which was the 44$ range and we're seeing a similar triangle drop where we may range sideways for months after dropping from channel B into triangle B.
Chainlink has broken the long downtrend line and now trading above it. Chainlink is a decentralized oracle network and has a lot of big partnerships. A good rally is pending in LINK.
Buy Zone: $33.5 - $34.1
Target: $38.3 - $42.4 - $47.3 - $52.7 - $58.9 - $63.5 - $69.8