LINK - Three White Soldiers Candlestick PatternIn the weekly timeframe, a bullish candlestick pattern has formed on Chainlink.
The Three White Soldiers are characterized by three consecutive green candles. The higher the timeframe, the more powerful the pattern. We've recently observed an instance of the TWS pattern in the weekly, which was a precursor to a 136% increase:
However, the unfilled wick around $8 remains a concern - but also a potential for buying in / accumulating at a lower price.
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BINANCE:LINKUSDT
Chainlink
LINK : MASSIVE Profits Possible from THIS ZONEA Bearish Head and Shoulders pattern formed in the weekly, and we're not quite out of the woods yet - usually, a H&S retraces all the way back to the bottom of the left shoulder. In this case, it falls exactly at the ideal buy back zone:
It's good to see that the trendlines are moving CLOSER together - if you look at historic prices, this usually precedes a time of range trading, followed by another impulse wave up. The wider the trendlines are apart, the stronger the sentiment (bearish if under, bullish if above):
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BINANCE:LINKUSDT
CODX, LINK, EHTH, UA, MIGI and EVRI. Huge upward potentialFED is expected to start to cut rates in September and smart money will start to find alternative investment vehicles to put their money in. These stocks are showing good potential. I already have positions in all of them but still may add more to my positions.
Disclaimer: Not financial advice. Do your own analysis and research.
LINK - Swing Trade SPOT 📈📉Hi Traders, Investors and Speculators of Charts📈
BTC had recently formed a new ATH, and we're a few weeks away from the BTC halving. I'm expecting corrections (highly overdue) across the markets up until the halving.
Chain-link still has huge upside potential:
But this post is specifically for the short term. I'm looking at a swing trade (spot) here because it is already a high-risk trade , and shorting when the macro is clearly bullish is VERY risky business .
Make sure you check out yesterday's update on BTC:
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
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COINBASE:LINKUSD BINANCE:LINKUSDT
LINK (Y24.P1.Video1). Macro overviewHi traders,
My thoughts on LINK and why I"m looking for high levels. As for looking for an entry, there is one clear level / potential setup otherwise its difficult to find an entry at this point.
When or if we get certain levels, I would be looking to short however my HODL is long term so I cover the potential macro targets as well.
Please give me a like and share,
Regards,
S.SAri
LINK : Still +50% UPSIDE Possible📉Hi Traders, Investors and Speculators of Charts📈
Chainlink / LINK is an altcoin that still has massive upside potential for the coming bull season. If you have been following me for a while, you'll know I've been saying we are trading in the opening moments of a new bullish cycle . I've also referred to this as Elliot Wave Theory Wave 1.
According to my plan, this is the first impulse wave towards the upside. But the upwards wave are always followed by correction waves; a natural part of any cycle. I expected the correction phase to be close to/ before the BTC halving which is in April.
For the near term, I'm expecting LINK to trade range between the upper resistance and lower support as pointed out on the chart, roughly $2 up or down. This is a great re-accumulation zone, incase you missed the first lower-accumulation entry point.
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
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CRYPTOCAP:LINK BYBIT:LINKUSDT.P BINANCE:LINKUSD.P BINANCE:LINKUSDT COINBASE:LINKUSD
LINK - Gearing up for MASSIVE GainsHi Traders, Investors and Speculators of Charts📈📉
For a while now, LINK has been trading in a very clear accumulation phase. This is the zone we see after a bearish cycle and BEFORE a new bullish cycle.
Chainlink can be very "wicky", and often the price will go JUST UNDER/OVER the resistance zone, or JUST UNDER/OVER the support zone. This makes it hard to give precise entry points. Working within ranges and choosing the lower part of the range is the safest best to protect against those ugly wicks.
Here are some easy setups that guarantee profits during the next bullish cycle - but you will have to have packed-bags in order to bag-in on profits!
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COINBASE:LINKUSD BINANCE:LINKUSDT
An optimal distribution of cryptocurrency holdings - Educational
Welcome to our video where we talk about the best way to spread out your crypto investments. We'll break down the key ideas and important things to think about when deciding where to put your money in the ever-changing world of cryptocurrencies.
If you have any questions Feel Free to reach out!
Chainlink Educational Post - Finding Support And ResistanceMany of you have been asking me how I timed my NASDAQ:LINK trade so well. Purchasing at $7.63 on October 20th and now seeing it up to $16.20, I will say it was slightly lucky, but it was not random.
In this video I go over a few of my basic strategies for getting major price points out of an asset in less than 15 minutes.
Follow for more trading content. Exclusive videos will be released weekly.
Sorry about the AUDIO quality - Dont have a mic with me right now.
- Joshua
Helios Capital Investment
LINKUSDT - $12 Likely during 2023Hi Traders, Investors and Speculators of Charts📈📉
Chainlink ( LINKUSDT) has recently made some big increases and it seems like this altcoin isn't done yet.
The Technical Indicator in the Daily timeframe is extremely bullish; we see a bullish cross on the trendlines. From the weekly, we can clearly identify the market cycle of accumulation phase as being completed. In other words, we're at the foot of a new bullish cycle.
You may need some patience for the second target, but a first target of 8.8 is very reasonable for the short term.
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CRYPTOCAP:LINK BYBIT:LINKUSDT.P COINBASE:LINKUSD BINANCE:LINKUSDT
LINK.Usdt (Y23.P2.Video1). Macro outlook, more accumulation?Hi Traders\Investors,
Note:
I made a mistake thinking for some reason its called MATIC but its CHAINLINK so the logo on the video is incorrect.
LINK is currently in a range that suggests its accumulation and the longer it accumulates, the bigger the breakout it will be.
I give my perspective for 2 scenarios, both are dependant on what BTC does in the coming weeks.
I show or explain what I see and how I give it measure for those key levels.
The rest is up to you.
Please give me a like and share,
Regards,
S.SAri
weekly indicators show downward pressure
LINK.Usdt (Y22.P4.Video1). More to go?Hi Traders,
Part 2 of the previous POST, link provided below.
Another crypto giving not much clues or clear trading possibilities in the short term but might be better on the bigger macro as to what is happening.
Hope it helps you make some decisions.
All the best,
S.SAri
Markets Unresponsive to ETH2's Test Merge: What's Rallying Now?Ethereum holders were hoping for a big rally after this week's "merge" on ETH's primary test network, Ropsten, but so far the markets have been responsive.
Coins that offer staking rewards, however, did fairly well this week as a whole - the two winners being Tezos (XTZ) and Chainlink (LINK) which saw big gains today and over the course of this week as a whole.
Tezos:
- Fork-less upgrades and on-chain governance models on XTZ provide tangible solutions to a lot of the issues the crypto industry is going through right now, especially in DAOs.
- Recession talks are getting more people into a savings mindset - and Tezos' accessible and competitive rates (4.6%) makes it very appealing for crypto holders to convert to.
- The interest in NFTs from artists and art collectors are starting to migrate over to chains like XTZ ever since gas-fees started to get out of control on the ETH ecosystems - time will tell if the Consensys "Merge" in August will have developers and artists return but for now, Tezos and other layer 2s are taking advantage of the lull and pulling ahead.
Chainlink:
- Working on many background infrastructure projects at high levels.
- Has an interesting history (which involves the 4chan crowd, oddly enough) that gave it a cult-like status a few years ago that seems to be paying off today.
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While the crypto market as a whole has remained fairly flat-lined this week, the projects with the biggest gains seem to have a few things in common: the offer of staking rewards; and a visible community backing the project during its downturns, thus "buying the dip". If you're a long-term trader, these trends are positive signs that the asset has real resilience behind them.
www.forbes.com
LINK - Detailed Video Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for LINK.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
LINKBTCHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. The price had a rise and then fall forming the H&S pattern. The price was rejected at the R1 line which is the resistance created. S1 is the support area. We expect it to be supported at this area and break the R1 resistance. If this happens, the price can move up to the R2 area.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
LINKUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time fame. The price has lost the R1 line which was previously the support line and we expect it to fall down to the S1 zone. We can also consider it a double bottom. We need to wait and see what it does. Either it will break R1 and go up or it will not be able and will fall more. There is also the R2 line which the price might hit and then fall down.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck