Either double top has been formed or a bull flag has been formed. Either blowtop or return to support.
LINK/BTC has proven to be a good buy and will still be a good buy if you're asking me. The hourly chart shows a perfect outbreak without any correction, which means the price is probably heading to it's next resistance level; around 8600! As this is just the first wave, buy low at the correction and make sure you bought in for potentially 2 to 4 more...
LINK/BTC has been in a consolidation period for a while and is ending consolidation hopefully by the end of the day. If the price is able to move out of the first triangle around point A, than we will see an upward move to or maybe even above 7000 given the CCI, RCI and Trend lines. If the price does not break through the above resistance area, we will likely see...
Despite the recent blow top, there has been tremendous support and consolidation around a dollar. The RSI has not dipped past support and we are indeed in a bull run. !. Beat the bots: sooner or later whales will come through and buy the books or conversely sell them all. Volume is low and games may be played with LINK/BTC until the asset is listed liberally....
Chainlink is moving in a corrective structure since it reached 0.000086 and in case it retraces a little further it will give us the comletion of a bullish gartley pattern with its D point completing into a key support zone. Sl and tp as shown in the chart. In case price reaches the first tp we better move sl at breakeven at second position. All the best, John
LINK has been moving in bullish channel, I am expecting 50% and 150% profit target reach within few weeks.
Link has a bright future and I am excited to be able to chart it for the coming future. I established my long position @ 0.27338797 USD or 0.00001930 BTC TP: $10 or .00072 BTC Duration of trade 1-2 years This chart is showing my prediction of price movement within the newly established channel since the upward breakout of the wedge.
I expect a minor pullback and decided 4998 for entry. in daily chart its clear a big potential due to fib levels. lets see.
LINK has been in consolidation for the last week after dropping back through the 0.236 fib support. It consolidated beneath in an ascending triangle on the 1hour chart and has just broken through. Zooming out to the bigger picture (daily timeframe) it looks like a cup and handle.