Biggest wave is comingComplete Elliott cycle is completed. Now we are in the 2nd corrective wave. Next will be the 3rd wave which is generally extended and yields enormous profits.Longby Mr_BankerUpdated 11
LINK : Area to watch outFirstly, I really love this coin and been trading it since I got in crypto market and after I analyzed BTC in worst case scenario made me look back and wondering what this coin would be. Then I found it struggle there on the strong resistance as above. . Every coin has 2 sides there's this possibility that this may happen Don't trust it with all ur <3 and spend with it all u have . Trade safe, Always place ur stop loss Feel free to feedback/ comment by baby_rhinoUpdated 111121
LINK : UPDATEDEverything on the chart if u look from my early predictions I weight on other things than the patterns (i'm not telling ya about it :DDD) ---- Patterns is just only something to express it out :P . feel free to feedback / comment and share ur idea Trade safe & cautious Shortby baby_rhinoUpdated 887
LINKUSDCalm before the storm Whichever of the two scenarios happens in the coming weeks we will definitely see new highs!! For now we are waiting to see what the market wants to tell us!! - Do not forget portfolio management. -To enter with criteria and all you need is ONE GOOD TRADE Happy Trading Everyone!by GP101Updated 556
LINK : CLOSER LOOK (SMALL TF)In small TF looks like its forming the double top pattern . means trend is changing to downward (cannot pass the resistance) due to current market situation, under bear pressure . Hope it wont fall off the global ascending channel until BTC is bottomed. See below link for bigger TF . Trade safe. Always place the stop loss Feel free to feed back / comment . Shortby baby_rhinoUpdated 447
HOLD THE LINE!!LINK at some support here. Want to see a relief bounce and set this as a new (higher) lowLongby PAYME772
LINK aiming to retest $23LINKUSD is currently trading around $22.70, up 5.5%, above average when compared to BTC and most of the altcoin market. We have now completed what appears to be a nicely formed W pattern on the 1h/2h/4h charts. Forming since yesterday, it confirmed earlier today as the European markets opened several hours ago after retesting the $22, which aligns perfectly with the lower market support band (20w ema low). Our last major move was the rejection of the upper market resistance band at $28-$29 (FIB golden pocket & 20w ema high), followed by a failure to hold the the bull market bands (20w ema / 21w sma) as we came back for the retest. Let's look at the longer timeframes, measuring out probable direction using Fibonacci based Gann fanns. Market makers appear to want to retest $23 today, which would get us back over the critical 50h ema. If rejected there, we know we're in for at least a second retest of the $22 levels, but more likely even lower since a failure there would indicate the current W pattern has failed so market makers want to bring the price lower. If accepted and we push through $23 and hold through 2 or 3 4h candles, I believe we could see a continuation towards $24.50 - 25.50 range, for a retest of the bottom side of the bull market support bands about 10% higher from our current levels. No matter, I expect a retest of the $23 before we know with a high level of confidence that the current movements are supporting a larger move to push back through the key moving averages and re-initiate a sustained multi-week trend to the upside (ending the multi-week trend to the downside). If we don't come back for a retest now, trade carefully, it's possible this push is nothing more than market makers working to get better prices for a short play they'll execute sometime over the weekend or early next week. If we can continue to push higher, we might have a similar situation play out with the Bollinger Bands as we have seen in the past where once we touch the upper band, we continue to ride it closely, pushing it higher and higher for many consecutive (30+ days) before being squeezed back down. Summary: Major areas of resistance within immediate reach are at $26.5 (VPVR volume peaks / interest) and $28 (FIB golden pocket), which we must overcome and turn into support before we can move higher. On the downside, $22 has acted as strong support for the past week, which aligns with both the major areas of interest (VPVR) and a key moving average (lower support band, mentioned before). If we come back for a third test at $22, there is a high probability the market continues to favor shorts. A quick look at the Heikin-Ashi candles before I go... reminds us to not get too excited yet. We're still trending down... and the trend is our friend, until the end. Don't get liquidated folks! Make sure you've set your stop losses and buy-limits! by calmrat4
LINK 1D BIAS-Saw a 1D bias as a Ascending triangle pattern -bouncing on our trendline support -0.618 fibb retracement which is good sign of major support. -creating a break of structure on 22.123 price. -after bouncing of support creating a double bottom pattern. Execute the trade. Let's see what happens you guys, what's your thoughts about this coin?Longby Raddest_traderUpdated 2
3 reasons to expect a bounce on LINK nowReason 1: The white trendline Reason 2: 0.618 Fib Extension Reason 3: Yellow candle on the 12hr happens very rare and has about 80% rate of being a local bottom. Also - potential higher low. Check also the related idea below. Longby Crypto_Burger2
$LINK #ChainLink Daily Compass.Forecasting 38 on BINANCE:LINKPERP sometime next few weeks. Follow and like for more updates ... #AHMEDMESBAHLongby AhmedMesbah3
A 1000 Dollar ChainlinkDoes chainlink even have bear cycles? , one can say price just goes into a long accumulation period before heading up once again. Secondary Long term channel still intact , I did have another I was charting but it broke that one. Chainlink has had a double rejection off the 8/1 Gann so far. The longterm channel and the end of the 8/1 Gann cross March 14th 2022 , I had been going over the idea of a cycle top in May 2022 for a while using a Chainlink Fib time sequence, it is possible that May 23rd 2022 for Chainlink is not the top but the start off its parabolic cycle up to 1000 dollars June 2023. The chart below you see is LINK/BTC this Fib sequence has been perfect so far at calling major moves in LINK and also calling the bottoms for price next date May 23rd 2022 ,out of hundreds of Fib time sequences I have used in the last 2 years this is the only one that has had a perfect count each time without fail. Longby Sporia111120
A Bullish look on Chainlink? Elliot correction wave AnalysisA break in the Leading Diagnal could also then be wave X which would still be Bullish short term, as X generaly move in the opposite direction of the correction Any Inputs Appreciated Longby knee000Updated 4
$LINKUSD About to Breakout. GIANT Wedge FormationI have noticed a rotation in Crypto and stocks that has been occuring over the last several weeks from GROWTH to VALUE. $LINKUSD is one of those Value cryptos with the recent annoucnement of upcoming staking and limiting supply. Seems the Charts suggest a BIG Breakout is coming. GIANT WEDGE Formation shows price consolidating. When we see price consolidation some of the best trades can be placed because there is the biggest REWARD,....BUT you need to know direction. If you enter too soon without confirmation you may be left wiping your tears with your floor as you see an explosive move turn against you. Consolidations give some of the best trade opportunities but patience is needed to ensure direction. How I tell direction is consolidations is using a combination of EMA 39 and CMF (Chaikin Money Flow). I am NOT a huge proponent of Indicators except TIMING OF ENTRIES to a trade what Price Action signals. But sometimes we get mixed signals so I do rely on CMF (Money Flow) which tells us if people are putting $$ into ro pulling $$ out of markets. I have found the 3D charts to be the most reliable in crypto. FIRST, Price is above the EMA 39 and restesting the EMA 39 after breaking above as we come to the apex of the wedge. That suggests price will go HIGHER. SECOND, we have broken above Horizontal Support (Green Horizontal line) at $25.29. THIRD, notice that Money is Flowing INTO $LINK and that it is rising as well as above the ZERO line. A LOW Risk entry for me is to BUY at or just above EMA 39 Support (ENTRY = $25.76) with SL BELOW recent lows (< $22.18). I expect an UPSIDE Target Price of testing the ATH at $53.Longby eganon69Updated 10108
Chainlink Bounce Coming!!?Another coin that i am looking to add more of is my favorite project.. Chainlink, we are coming down towards our 0.2 FIB level and we are given the chance to get a bullish bounce here. We have tons of support underneath of our price action with uptrend support coming in from our previous low, support at our current spot of 24.31$, 20.67$ support and we have strong support coming from the 0.2 FIB level. Looking at the bollinger bands we have more support coming in from our midline, we are currently sitting right above this point and it is important that we hold above and close above to keep this level as support. Also being above this level enables us to make a run for that top bollinger band, and as you all know if we can successfully make the run up to there and close ontop of this band we could be looking at a fast sharp move to the upside, more often than not closing ontop of this band triggers that big move to the upside! Now the MACD isn't looking super great we just had a bearish cross, this isn't 100% confirmed yet as price action could begin to push up and cause another bullish cross, or we could see a short bearish cross with a bullish reversal following soon after. What we don't want to see is a strong move from the MA's pointing down and separating, separation in the MA's makes it harder to trigger a bullish cross, when the ma's are compressed together one day of green price action can trigger a bullish cross, same thing applies when looking at the upside. Another thing we don't want to see is the histogram start to make significantly bigger red bars day after day, this shows an increase in the bearish momentum and can really accelerate the further we move into the bearish MACD cycle. Next very important we have the RSI, reason of why this is important is due to the RSI being directly on the midline, if we can see a bounce here and reversal back upwards we are looking at a very plausible confirmed uptrend and thats exactly what we want, if we break below here and get stuck unable to regain above here we are looking at a confirmed downtrend, so we gotta wait for our daily close tonight before we can confirm anything! Not financial advice just my opinion! Longby JacobR9057
LINKUSD#CCIP wolrd wide Look at the economy and see the growth of Layer 2 and compatibility in this chart. Just smoke a cigar.Longby tokyopower0
LINKUSDT ForecastLINKUSD is bullish upon break of the high of 23.1947. And the price has the potential to rise to the highs of 30. Khiwe On this profile page, the shared analysis, ideas, and also, the strategy of a chart belong to Khiwe with some being influenced. The technical set-ups are speculative, they are not guaranteed for accuracy or completeness in the form of any content; it is not to advise on financial markets. Please apply your own analysis and confirm it with price action. Longby KhiweUpdated 0