Wedge forming. Looks like another great value entry may be coming if we see a break of the trend line and drop out of the wedge. Alternatively if wider market bounces (BTC/ETH) we could see a move upwards. I took some profits on LINK on the way up and will trade now when value zones present themselves. ** NOT TRADING ADVICE **
The link breaks a downtrend line and is ready to climb to the above targets. Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities. I hope you find this analysis useful🌹 Follow for more...
$LINK is currently retesting previous resistance. Showed some nice buying volume during the dump. Looks pretty good if the daily closes like this!
Similar falling wedges Making the assumption of the same %increase the price nearly hits $100 ! Falling wedges are a very bullish pattern
daily high and tight flag shows that we mat see link rise as high as 30-32 dollars
Birthed with open MA's (layered 50,100,200) This is the most bullish state these simple MA's can be in I see LINK staying like this, creating a steep price path I used another chart on the right for a comparison This is a very very bullish price nature
Chainlink has been performing absolutely incredible over the past month being up 30% and 40% on the week! Even while BTC is down, this truly shows the strength of chainlink and how powerful it can be! We are looking very very bullish as we quickly regained our Long term trend line spanning back from march 2020, we have gone on a beauty run up and now are...
LINK market cap within an ascending channel With the recent breakout of a falling wedge this will likely lead to continuation of the channel All of the chart patterns have broken out bullishly
Looks like either: A) LINK PUMP B) Cooling off and minor retracement. Personally I think it's looking more bullish and will pump along with BTC. But also prepared for a minor retracement and re-test scenario as per chart.
Link is currently within a falling wedge on the 4Hr chart With a possible breakout currently occurring Interesting curved patterns repeating down the falling wedge (in blue)
$LINK shows bullish consolidation below R. I'm waiting for a flip of the 200 ema. Looking pretty good..
LINK has reached the end of a parabola I believe LINK will continue on a formation similar to bitcoins early days I will continue investigation and relationship to BTC next to confirm this above statement
link is looking good down here to accumalate, will be buying more if it dips but its in a falling wedge with the bollinger bands tightning could be cause for a big move up
An idea for LINK suggesting the extension to Fib line (2) from the current drop, this extension reaches to $170 Similarities can be seen in yellow also
CHAINLINK (LINKUSDT) is bouncing off of channel trendline support. This is the first test of the trendline support. If price reacts similarly to how price reacted when it tested channel trendline resistance, then price might go up to trendline resistance at $20. If price breaks trendline support @ $17, then price can quickly fall down to horizontal support @...