CHAINLINK is turning around for a massive rally!🔗 CRYPTOCAP:LINK – Elliott Wave Breakdown (4H Chart)
Current structure still fits a W–X–Y corrective decline, but we’re now approaching a critical trigger level. A clean punch through the blue trendline = buy signal. 🎯
🟦 What the structure shows:
🔻 Wave W complete:
• Clear a–b–c zigzag
• Strong
LINK Breakout and Retest for a Bullish ContinuationLINK has finally broken its long term downtrend and reclaimed momentum.
Price made a strong breakout and is now pulling back toward the retest zone around the previous trendline. If this area holds as support, LINK may continue its upward move toward higher targets. Structure looks clean and bullish
The Power of PineScanner: Scanning for High Probability Set-upsWe put TradingView’s PineScreener functionality to work, defining indicators within tailored scans to surface movement, volatility, and momentum directly to the trader.
We break down the set-ups that screen well and explore how they can be traded most effectively.
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CHAINLINK LINK - 1D - 1W TFAfter the end of the bear trend, price started forming a clean ascending channel.
The midline of the channel (dashed zone) marks a phase of uncertainty, often leading to shakeouts or temporary consolidations.
Area between the white dashed and green line can be viewed as a position-building zone, w
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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