CHAINLINK Loves JUNE / JULY 🚀Hi Traders, Investors and Speculators of the Charts 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
When it comes to macro trends and cycles or phases; I prefer to make use of fractals and probability. (I'll do a video on probability at some point in the near future, stay tuned!)
I've done a number of updates on LINKUSDT. It's of particular interest to me because it has lagged in the sense that it's still consolidating. Consolidation is a "bullish" sign, because after consolidation comes the next rally.
Considering that LINK rallies almost EVERY YEAR during JUNE - JULY, there is a high probability that this year will be the same, especially considering the extended consolidation phase. I'm not saying the price won't go up before then but it's certainly a month to keep your eye on.
Don't forget to check out the latest updates on Bitcoin, Cardano and XRP !
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Chainlink
#Chainlink in a $3 Range, Strong Liquidation Line at $7.6Past Performance of Chainlink
Chainlink is in a broad range, trading inside a $3 range with recent highs posted in February. As the token picks up momentum in March, prices are still limited to the upside, trending below $8.2. It will require bulls to push above last week's consolidation and $7.6 for a new trend to emerge.
#Chainlink Technical Analysis
Chainlink prices are choppy, looking at the daily chart. While buyers are steady, soaking in selling pressure, a substantial, high volume must be close above the current consolidation. In the meantime, resistance is at $7.6, with immediate support at around $7. The leg up from mid-March may help drive prices higher. However, volumes have been decreasing, a concern for buyers. Even so, if there is a breakout, LINK may retest $8.2. Conversely, a dip below support may see the token contract to $6.6 and even $6 if sellers press on.
What to Expect From #LINK?
LINK prices have been held in tight ranges, mostly consolidating over the past few days. The expansion from December defines the current trend, and LINK must hold above $6 in the medium term for the uptrend to be valid. February highs present a critical resistance line.
Resistance level to watch out for: $7.6
Support level to watch out for: $7
Disclaimer: Opinions expressed are not investment advice. Do your research.
LINKUSDT up to 11$ ??!Hi my friends. I see long setup on Chainlink. Chart is clear and Entry point, SL and first targets are in the chart.
Please manage your risk and set your SL on safe SL area.
This Analysis will be updated ...
Sadegh Ahmadi: @SDQ_Crypto
27. Mar .23
(DYOR)
❤️ If you apperciate my work , Please LIKE and COMMENT , It Keeps me motivated to do better❤️
LINK - 4 Phases YOU Should Know 📉Hi Traders, Investors and Speculators of the Charts 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
The markets are currently taking a breather after upside price action and this is typically where we expect altcoins to shine. Chainlink is particularly interesting to watch at this point since it has been trading range for an extended period of time. This is bullish according to the Wyckoff Method Analysis and other market cycle- or phase analysis'. This chart presents an easy guide to market cycles considering the moving averages and the macro perspective. Can you guess what phase we are currently in and what comes next? 🔥
Here's another altcoin with great upside potential that you may not have heard of : Shirtium
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Chainlink (LINK) forming bullish Gartley for upto 12% pumpHi dear patrons, hope you are well and welcome to the new trade setup of Chainlink (Link).
Previously I shared a long-term trade setup for LINK, which is till in play as below:
Now on a 4-hr time frame, LINK is about to complete the final leg of a bullish Gartley for another price reversal move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
To finish long sideways and ascend...Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(LINKBTC 1W Chart)
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(LINKUSDT chart)
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(LINKUSDT 1W Chart)
It has been showing sideways movements around the HA-Low indicator for quite some time.
Accordingly, it is expected to show an upward trend in the near future.
(1D chart)
If price holds above 7.601-7.820, I would expect a move towards 9.869.
If not, you should check for support around 6.698.
Therefore, it is important not to fall below the downtrend line or 6.698.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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✴️ Chainlink 66.66% Trade Signal | Entry PointHere is a trade signal for Chainlink as it trades above all the moving averages we track.
Risk is set at ~10% while the potential goes to 66.66%+.
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LINKUSDT | ENTRY: $6.90 - $7.60
TP1: $9.90
TP2: $10.8
TP3: $12.4
STOP: Close daily below $6.50
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More is possible and highly probable.
This is just an entry point.
Make sure to do your own research before trading.
This is not financial advice.
Namaste.
Beyond Defi:How Chainlink is Revolutionizing Blockchain's FutureChainlink has been making waves in the Defi space for some time now, and for good reason. As a decentralized oracle network, it serves a critical role in the functioning of smart contracts, providing reliable and accurate data feeds to enable the automation of complex financial transactions.
What sets Chainlink apart is its extensive network of nodes and oracles, which allows it to tap into a wide range of data sources and ensure that the data it provides is of the highest quality. This makes it an indispensable tool for Defi protocols that rely on accurate and timely data feeds to execute their functions.
Furthermore, Chainlink has gained significant recognition and support from a variety of high-profile institutions and organizations. This includes the World Economic Forum, which has designated Chainlink as a Technology Pioneer and recognized its potential to transform the financial industry.
Given these factors, it's no surprise that Chainlink has become one of the most popular investment choices in the crypto space. Its strong fundamentals and growing adoption within the Defi ecosystem suggest that it has significant room for growth in the coming months and years.
As such, if you're looking to diversify your crypto portfolio and tap into the potential of decentralized finance, it may be time to seriously consider adding Chainlink to your list of investments.
Price Targets
Target 1 : $8.10
Target 2: $10.66
Target 3: $29.96
I expect all these targets to be hit within the next 6 months
Chainlink (LINK) is a cryptocurrency that provides a decentralized oracle network that enables different blockchains to communicate with each other through cross-chain interoperability. The technology provides secure cross-chain applications that allow data and tokens to move across cross-chain smart contracts. The cryptocurrency has shown a strong bullish trend, and the technical analysis indicates potential price targets of $8.10, $10.66, and $29.96. Moreover, the blockchain-agnostic oracle network has the most widely adopted oracle network in DeFi, providing the highest quality data that is resistant to manipulation. As blockchain oracles continue to reduce switching costs and meet security requirements for enterprise use cases, Chainlink is in a strategic position to benefit from the blockchain technology's adoption by global enterprises and governments.
Certainly, here's a more technical and detailed response:
In order to arrive at the proposed price points, a rigorous methodology was followed which took into account a variety of factors, including but not limited to market analysis, and future potential for adoption. Specifically, a thorough analysis of current market trends and consumer demand was conducted in order to identify the optimal price points.
✴️ Chainlink 300+ Days Consolidation Ending, Above $25 AlsoChainlink (LINKUSD) has been within a consolidation pattern/channel for more than 300 days now... This is coming to an end.
The longer the consolidation phase, the stronger the breakout when it takes place.
This pair is set to move above $20, hitting potentially $26 on this bullish wave.
It can go even higher... Patience is key.
Namaste.
CHAINLINK: $LINK Accumulation✅My biggest 2023 position is $LINK long, bought multiple times in this range since weeks. Anything below $6 is a good-buy IMO. A breakout is incoming once economic data shows soft-landing signs while FED starts to cut interest rates.
Chainlink allows blockchains to securely interact with external data feeds, events and payment methods, providing the critical off-chain information needed by complex smart contracts to become the dominant form of digital agreement.
This is valid unless the price breaks below this accumulation range! My SL is 5% below this box's support.
I will keep updating this trade here, make sur you follow me to get alerts!
LINKUSDT looks bearish now (NEW)LINKUSDT looks bearish as the price has created lower highs due to getting rejected from the downsloping resistance.
Currently the price is sitting on the support where we can expect a bounce towards the downsloping resistance. However, if it keeps getting rejected and the key support fails, we may see lower prices.
How to trade:
Enter short at the resistance.
Take profit levels, stop loss and the final target are shown on the chart.
Take profit levels can be considered as buy levels if you're DCAing into LINK.
Good luck
LINK - The Castle Is Still Strong 🏰 - Analysis #5/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
LINK has been stuck inside a big range for a couple of months now.
At least it hasn't melted like many altcoins during the bear run.
🏹 For the bulls to take over long-term , we still need a break above the entire range / above 9.5
Meanwhile, since we are approaching the lower bound of the range, we will be looking for short-term buy setups .
📉 LINK is now sitting around the orange support zone (6.5) so for the bulls to take over, we need a break above the last H4 high (in gray)
If we break below the orange support, then a movement till the green support (5.0) would be expected where we will be looking for new buy setups.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ChainLink: Drop Your Ball and Chain! ⛓ChainLink should drop its ball and chain to escape from the current sidewards movement in favor of the expected ascent. From the low of wave (ii) in blue, the altcoin should head for the resistance at $9.50 and surmount this mark to develop wave (iii) in blue. The subsequent countermovement of wave (iv) in blue should happen above this level as well. However, there is still a 33% chance that ChainLink might slip below the support at $6.43, thus triggering further descent below the next mark at $5.38. In that case, we would expect a new low in the form of wave alt.2 in green before fresh upwards movement can take hold.
Chainlink to $60 (Long Term View)Here's an update on LINKUSD which I posted for you guys back in January. Just like I expected, market is still ranging within this corrective phase, which is allowing big institutional firms to DCA from these cheap prices. We expect further consolidation over the next few months, before we see a downwards liquidity grab towards $0.09📉
This also moves similarly to our Bitcoin short analysis, as most Crypto's are still in a corrective phase for the next few months at least🔺Good opportunity for my Crypto Fund investors to profit by shorting the market!
CHAINLINK - Higher Timeframe OverviewCHAINLINK - Higher Timeframe Overview
Here we have the 2weekly chart of Chainlink. We can see that on a higher timeframe, we are still bullish. We have not yet completed the 5 waves. We are currently on the 4th wave which appears to be a WXY correction (breakdown: 3 waves for W, 3 waves for X and 3 waves for Y)
We are now in wave X. We need to see 3 clear waves down to complete the sequence.
Once we make that final move down, we can look for buying opportunities. Expecting the bearish correction to finish above the blue structure.
There is a potential for a 2000% trade coming up. Definitely one not to be missed!
Going sideways...Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(LINKBTC 1W Chart)
The section from 0.0002 195 to 0.0003 665 is the core support section.
If you are supported and rise in this section, you are expected to release the power of Sangs.
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(LINKUSDT 1D Chart)
The 6.698 point is the HA-Low indicator point on the 1W chart.
Therefore, it is a buying point from a mid- to long-term perspective.
If it falls below 6.698, it should touch near the downtrend line and see if it can move up.
In particular, it is necessary to check whether it is supported by the HA-Low indicator of the 1D chart.
In order to continue the mid- to long-term upward trend, it must rise above the HA-High indicator on the 1W chart.
However, since the conditions for the HA-High indicator to decline have not been created, it is expected that more up and down swings will be required.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
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KYL $0.01 | Oracle like Link only SexierBig Data and Validated ones are cool
as it gives peace of mind for the PARTICiPANTS and investors
at current levels this is simply allocating to big funds
of series of foundations and the usual suspects of VCs in the Valley
could be as EPIC and robust as China Coin play and the Ai Metaverse WAVE
good luck
✴️ Chainlink Reveals Current... (Name Your Altcoin #52)Let's continue shall we?
I've done many analysis for Chainlink (LINKUSD) since we have an active public trade for this pair but someone requested to have this pair be part of our Name Your Altcoins series so let's dig in.
Chainlink is good news...
It is giving out positive signals.
As the entire cryptocurrency market is interrelated, connected, what one does the rest follows, having good news here can mean good news elsewhere.
Or everywhere else.
LINKUSD
Just two days ago, 22-Feb., we have a perfect hammer candlestick pattern.
This candle tested and confirmed EMA10 and EMA21 as support.
What looks great is the volume the following day, yesterday, really high volume, the highest ever on BitMEX for this trading pair.
Volume is one of the most valuable indicators available, having all this buying yesterday is great news... This tells us that the bulls are accumulating near resistance, which precedes additional growth.
The MACD printed a bullish cross recently and is trading above zero.
The RSI is super healthy/strong at 62+.
If we decide to look at the weekly timeframe for additional information...
We can see a Doji this week leaning bullish (has a long lower wick).
Last week closed almost full green with the highest close since October 2022.
Prices trading above the 0.682 Fib. extension, this one only confirms if the week closes above 7.917.
We have some really good signals... If LINK moves forward, Bitcoin, Ethereum and the rest of the market will do the same.
There is always one or two pairs that tend to move ahead when consolidation is taking place, if you find those, you know what is coming to the rest.
Namaste.