Chainlink is exhibiting bullish market structure against ETH Bullish market structure just means higher high's and higher lows --- uptrend After a strong move we are seeing a nice backtest of previous resistance let's flip this into support and continue this trend into 2024
Chainlink remains a cornerstone for Ethereum and various cryptographic endeavors, serving as the preeminent Oracle in the cryptocurrency realm. Its fundamentals are robust, backed by exceptional technical talent, ensuring its pivotal role in the industry. The chart I created over two years ago continues to accurately represent this reality, reflecting Chainlink's...
Can we see an Bullflag on the LINKETH pair? Waiting mode...
Not financial advice All charts made on current market conditions When you see tokens run you wanna see not only to BTC pair but also to eth pair. Looking at ETH here seems to be in a rising channel and eth needs to play some catch-up in the short term. Ideally see if the .041 level holds here. That would mean eth should outpace link by roughly 12% over the...
Cross chain smart contracts provided by Chainlink are going to be revolutionary. Link ecosystem got is final piece of its puzzle "CCIP". CCIP is cross chain messaging standard. This is just one of the many products LINK has developed over the last 5 years to complete their full ecosystem. I have background in Securities settlment and how...
Another foreboding #Altcoin chart for a project that clearly has a bright future does not mean, that if we see a BTC of under FWB:12K LINK will be spared. Watching those key levels with u #Painlink :(
Every ETH you invest in LINK right now, will 5x remember - no refunds
Getting a little dicey going down into the 1 hour chart here. Looks like we have LINKETH going for a 3rd bounce of the bottom of the channel. 50 day MA and ICH cloud seem to be acting as resistance. The next day might give an opportunity for a short position. Time will tell. Not financial advise, so its not.
We've got a pretty strong Buy signal from Crypto Tipster v2 today - looking at the chart it would appear we're currently sat right on a critical pivot point, the market could choose to go either way from here, or even consolidate for a short while too! Based on the recent rebound off support @ 416 and breaking through the next level of resistance above that,...
theCrypster - A slowly closing wedge and plenty of profitable trades from top to bottom within #LINK - that's what we've had for numerous months so far; here we go again! We're currently sat right on the lower edge of support and have received a good Buy signal from CTv2, we can see #CHAINLINK increasing somewhere between 30%-40% to the upper edge of...
The Link/ETH pair is currently in an oversold position and is due for a rally. The long-term trend remains bullish. This presents a great opportunity to buy the dip and capitalize on the upcoming rally as the market sentiment shifts. Furthermore, the fundamentals of the Chainlink project continue to be strong, with partnerships and collaborations being announced...
Looks like link is sizing up a potential pump against both the USD and ETH going into january. Thinks look good on the daily and we will look for a bounce of the trend line on the lower timeframes before pumping any hard earned dollaroos into this bear market. RSI is also oversold on the daily which is adding layers to what looks to be a nice setup. onwards, and...
I think we're gonna see a big move in Q1 2023 (hopefully to the upside). In any case, Chainlink is one of the few alt pairs that likely wont go to 0 against BTC & ETH. I'm not 100% confident because market conditions are pretty messy rn, but if I were shorting alts at these prices, the last one I would short is Link IMO. (if I were to short an alt here it'd prob...
Just a couple key areas I'm targeting as I think LINK will continue to outperform the vast majority of alts throughout the bear market including ETH and BTC
It looks good and they have some fundamental catalyst coming up + they have massive dominance in the oracle sector. Its like a long on DEFI ish.
So during this market some coins are doing much worse than others and for the time being it seems like ETH is going to be among the next coins to collapse. In the meantime there appears to be alot of opportunity in trading pairs against Ethereum. In the case of Chainlink we have a Cup With Handle backtesting the top of a Channel and the Moving averages with a...
Staking, CCIP LINK/ETH 👀 could it be enough to send it back up to range highs?