@jsanford01 asked about possible dollar targets for LINK so here's a quick view based on length of the previous rise from 50 cents to $5 and fibonacci extensions. $8 then $12 seem perfectly reasonable. Not trading advice.
The chart is still relatively young but with a 3700% rise since September 2017, current price action looks set to re-test ATH during June, perhaps beginning a new price discovery phase. How high can chainlink go? Ask the oracle... or trade with SparksterSignals.
Writing this in the clearest and most concise manner as LINK/USD is surging as I write. Remember to do your own research too.
Trade of BUY has been entered with targets 1 @ 4.52 USD and target 2 @ 4.86 USD.
- MACD is heavy in the blue with strong bullish momentum in the H4 time frame
- Buy volume spikes are steadily growing
- LINK has just broken out of a strong...
Sorry the video cut off at the end because I accidentally clicked "stop" instead of "screenshot" icon. The content within the video is self explanatory. Thanks again for your time and continued support!
happy trading and Stay Awesome!
If you haven't accumulated LINK, now may be a good time to do so... We could see another pullback in the 6h TF just before taking it up. WHY? Because the White Energy and Green Line in the 6h could very well be nearing exhaustion in the short term. However, Near Term and Mid Term look very bullish!
In my opinion, the 3-Day still looks bullish! The main reason why is because it is COMMON for the Stochastic RSI to dip down to the 80% level and bounce back up before falling down afterwards. When it bounces back up, we could see a considerable jump upward in the price action.
...With What I'm Seeing on Most Other Alt-Coin/USD Pairs With Dip Occurring On Or Around February 15, 2020.
The White Energy in the 2-Day TF is getting very close to the 50 percent level. The Red RSi and Blue LSMA are also rather high in the 2-Day. I anticipate the Green Line to turn down soon and the Red RSI to make contact with the Green Line WHILE the Green...
The 2-Day, 3-Day, 4-Day, 5-Day and 6-Day Time Frames are the most "telling" time frames for LINKUSD. However, this does not mean we ignore the 9-Day, 12-Day and higher time frames to get an idea if a trend we are seeing in the lower time frames will continue or reverse. LINKUSD pair is quite a bit more INVOLVED when interpretating what the indicators are telling...
It's IMPORTANT to note one should use only the BASIC rules for Godmode (Phoenix 1.118) when using this indicator with LINKUSD. Every pair has its own personality with the indicators. Which means it is important to analyze how the price action reacts with what's revealed inside the indicator with each price movement within a given time frame. Also remember to...
After analyzing BITCOIN and LITECOIN, here come LINK,
one of Teeka Tiwari 5 coin to 5 million, actually theres is 6 coins not 5,
Chainlink in my opinion looks like one of the better coin to be considering at this moment in the current state of the cryptocurrency market,
I always look at the charts in the most simple way without complicating it, if you notice...