💎 LINKUSDT Has broken very significant resistance. It ha also broken above the channel after several attempts. The bottom of the channel has worked as a strong support. So we expect that the prices goes lower for a pullback and then continues to go higher.
🏁 Short & Medium Term
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Today we bring to your attention an overview of the LINKUSDT pair and possible scenarios for the future.
After the $53 high, there was a crypto market drain in May, which plummeted the LINK price by -70% to $15.00 . The strait was so strong that the previous high of about $20 didn’t even stop the price drop.
In June 2021, a drop confirmed that there is a group...
LINKUSD (Probably) LONG - we're currently in a range and these are the most important lines, take longs from support and shorts from resistance, we're almost at the end of our triangle and a breakout is expected on the upper side, still we can take a short at the upper resistance once breaking the trend-line resistance.
Potential head and shoulders inside the triangle. If we manage to confirm with support fibonacci level 0.5 we have a potential opportunity to attack the levels above fibonacci 0.618 if this happens and we have a confirmed head and shoulders pattern there is a possibility to break the resistance of the Symmetrical triangle. Pattern head and shoulders is not valid...
Adam & Eve Double Bottoms: Bull Market Results
Overall performance rank (1 is best): 17 out of 39
Break even failure rate: 12%
Average rise: 43%
Throwback rate: 67%
Percentage meeting price target: 69%
The double bottom confirms as a true double bottom once price closes above the peak between the two valleys. See the figure to the right. Without confirmation you...
Hi Folks Bilal Here. after A Successful first analysis this is my 2nd analysis and this is on LinkChain . The Chart is perfectly making Falling wedge pattern which is a power bearish chart pattern it indicates the the Link will fall. in next 2 days. I mentioned the Buying zone entry on the chart.
I will update you guys time to time for more precise analysis. ...
Price formed a clear triangle. In that case, sure, is 2 variants:
1. Breaking the resistance line, retest, and going up
2. Breakout of the support line, retest and move down
Based on what is the background of the whole market now. I think it's more likely for the first option to be realized. As always, with stop-loss.
Write in the comments all your questions...
Hey guys, today we are taking a look into Chainlink.
First you must admit, if you follow some traders on twitter; #chain has a verry strong and loyal community.
A lot of traders are looking for the 50$ range as an emotional target.
What does the chart say?
Currently we are at my MA resistance and also we have bullish crossing buy signal on my MACD.
Today we be checking on Link path to correction.
Framed in the channel shows a correction to 35 USD with a mini-support level
What to watch for to confirm is the bull flag breakout on the low side, that is our entry.
MMM (Make Motherf.ckin Money)
Invest your money wisely, be patient.
Hello trenders and moneymakers
I literally never seen this kind of scam-or-not but if I get to throw 100 USD this is the case.
I do not care about the consequences, unless POLO wanna close shop this is going high dude.
MMM (Make Motherf.ckin Money)
Invest your money wisely, do it now and thank me later.
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...
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$...