Link held at the massive support line I drew previously and now it's forming up an Inverse head and shoulders. Check out the chart. Enough explained there. -Sherem
Hello Guys Chainlink was best performing till June because we were got some solid news like google partnership and coinbase listing and chain link price was touched 4.5 $ around. but after June to till now we are continuously bearish. And now Link on strong resistance area 1.9$ if we break then we ll go 2.05$ around, its short term bullish right now because no...
Looking at the price where LINK started and where we got the stop (~2$), it was basically near on point at the 0.618 Fib line to make it perfect AB pattern. Now lets hope next run from C to D makes it same way up. So we can draw perfect AB=CD pattern. I got the 1D buy suggestion from the bot as well, when the price was at $2.14 . Which indicates more...
The bears succesfully pushed their paws downwards. The price is now sitting at $1.50 which seperates the bears and the bulls territory. $1.50 was proven to be a strong resistance and it is being tested as a support right now. To go below this price is highly unlikely. The price is moving through a falling wedge and we are at the apex. Moreover, we can see 200 MA...
Potential bounce around the 200MA on Daily Also 0.75 level of fibo Team B
A good way to look at the long-term trend of an asset is to use the daily chart. Here I am looking at Links long-term bullish/bearish bias with my indicator.
Chainlink looks like it wants to retest our blue box at the .618 Fib. The 55 EMA has acted as a great support but with BTC looking bearish, I expect a retest of the .618 Fib and if that fails, I can see a further drop to my lower blue box. In my previous link TA, I posted that my target in an ABC correction was around $1.40. This level is right around where I...
Massive downtrend after a 5 wave impulse. - Holding support on the 78.6% fibonacci level. - First test of the 200MA (doesn't usually break first try.) - Testing the previous supply orderblock for the first time. - RSI bounce zone historically (holding 30) - Targeting 13-22% back up to the 61.8% fibonacci zone. - REN/LINK typically move together and REN has...
LINK is approaching the middle of its falling channel + 0.5 fibo level + the previous ATH. 1.4-1.5 will be a very interesting zone to buy with the intention to sell around 1.9. Good luck everyone!
Previous entries are failed, let's wait for the new entry.
Link/btc analysis Link now are going to visit 9856 Satoshi its good zoon to buy Target will be 21180~ 24708 Satoshi I will update about it if it's good to buy after visit 9856 Satoshi or not so please follow me To see the updates.
A descending triangle begging LIN KUSDT to test the GR between 1.2 and 1.4. I think this one has a reasonable chance to drop and test the previous support. Short now and and get out at $1.4 or $1.2 if you're thirsty.
*Idea only. Not a recommendation to buy or sell.* For the first time ever, LINK's OBV, the signal I've personally relied on for continued strength over the last year, is showing signs of weakness. Despite selloffs, LINK's OBV would remain almost strictly non-decreasing on the weekly chart. This is proving not to be the case this time around. It should be...
LINK is approaching a zone of interest. 0.3 global fibo; RSI is approaching 30 mark; Previous ATH. Looks interesting. Zones of interest and targets are on the chart. Good luck everyone!