Get started

Chainlink

Whats happening with Chainlink?To say that the trajectory of Chainlink in the past eight months has been anything but surprising would be an understatement - unfortunately, the surprises have not been in the coin's favor. Despite having one of the strongest fundamentals in crypto, its pattern, price range, and movements have been quite unusual in my opinion. It has broken all trend lines and channels from its genesis, and there are no historical patterns to compare it to. Last year, I was setting up for one of my biggest trades with Chainlink, as the price was perfectly aligned with my Fibonacci time sequence. However, the FTX black swan event occurred, and since then, it hasn't quite recovered like the rest. You can check out those failed TA's under "Related ideas" below. While other coins in the market have seen massive rallies of hundreds of percentages, Chainlink hasn't done much, only up 33% from its lows. This brings me to a new channel that I will be testing out this year. If anyone has any other channels from genesis, please let me know by clicking on the link below. There isn't much to go on with Chainlink until we break the resistance seen below. It's been 245 days and four attempts, but we've never managed to close above it. The LMACD on the 3-week timeframe is showing momentum coming up, but the price is going down, indicating that divergence is building. The LINK/BTC dominance chart has always been the most crucial chart to trade Chainlink, as you can see from the chart. Currently, we're sitting in the same place before we had a massive run of 124% in price back in January 2020. The resistance was broken at one point, and we even closed a weekly above it, but then failed to hold it as support due to the FTX black swan.The big Chainlink move comes once we have a clear break from this resistance, which it has been stuck under for 917 days. Using this Fib time sequence, we knew that the bottom was in for Chainlink. I have been using this Fib sequence on the dominance for years, going back as far as 2019 when i was trading LINK I used this channel. For the past 280 days, the price has been ranging, and there have been a lot of good trades in the $5 dollar range. However, now we want to see it break out!
COINBASE:LINKUSDLong
by Sporia
8
LINKETH - Sat on a Critical Level, Can We Break Upward by 10%?We've got a pretty strong Buy signal from Crypto Tipster v2 today - looking at the chart it would appear we're currently sat right on a critical pivot point, the market could choose to go either way from here, or even consolidate for a short while too! Based on the recent rebound off support @ 416 and breaking through the next level of resistance above that, we're staying positive on Chainlink for now and predicting gains of around 10% over the next few weeks to one month. If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
Long
by theCrypster
6
LINK: Resistance BreakoutChainLink (LINK) technical analysis: Trade setup : Following a bullish breakout from Descending Triangle , price also broke above 200-day moving average and $8 resistance to resume Uptrend. That was a stiff resistance where price got rejected several times last year. Upside potential to $9.50 next. Recent rally was driven by launch of staking service. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $7.00 (previous resistance), then $5.50. The nearest Resistance Zone is $8.00, which it broke, then $9.50.
Long
by altFINS
Crypto ChainLink (Overdue Breakout is upon us)View On ChainLink LINK/USD (20 Feb 2023) Crypto ChainLink LINK/USD is mainly in the big swing mode for the nearly a year now. I reckon we are in for the BULLish mode as the low regions such as $5~$5.5 are accompanied by the strong rebound with big volume. We have better odd in staying on the Buy side. It should retest $9.25 region and $11 region soon. Let's see. DYODD, Our trade analysis may not suitable to intraday (or) short time frame trading. Whatever method you use if you do not follow the proper rule of risk management, it will have detrimental effects on your account. Feel Free to "Follow", press "LIKE" "Comment". Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
COINBASE:LINKUSDLong
by SonicDeejay
✴️ Chainlink 5X Lev. (~100% to 390% Potential)My dear friends, I am back providing you with great content... The intention is to share my view and opinion and for us all to learn and be entertained. Trolls... Stay away, this is for true followers only and responsible, adult, conscious people. If you don't know how to approach a lev. trade then please, stay away, do your research first, study because I am no financial advisor. This is my view of the charts and trading involves risks regardless if you buy with or without leverage/margin, crypto or stocks or anything. In fact, most everything in life posses some sort of risk, so keep in mind that each individual human being, soul, is responsible for his/her own actions. I am writing all this because people will troll me in the comments section saying it is illegal to share my ideas... Trade ideas... It is just that, an idea. This can be a success or a failure... That is for the market to decide. What we know for certain is the potential vs risk. The market situation, how the chart is looking, etc. We are live with 5X on LINKUSD. I will share the trade numbers with you: ----- LONG LINKUSD 5X Entry: 6.10-6.60 Stop: Close daily below 5.75 Liquidation: 5.226 Targets: 1) 7.10
2) 7.70
3) 8.20
4) 9.0
5) 10.0
6) 11.5
 Capital allocation: 3% Potential profits: 390% ----- Trading with lev. is high risk and recommended for experts only. If you are a beginner start with spot trading and once you are successful at it for 2-3 years then make the leap. If you want to start right away be aware that there is a price to pay to learn. Liquidation can result in your entire position being lost. If one cannot take a loss, one cannot trade. Losing is part of the game as much as winning... In fact, we tend to lose more than we win overall... But we win in the end if we learn from our mistakes. Thank you for your continued support. Feedback is appreciated in the comments below. Namaste.
BITMEX:LINKUSD.PLong
by MasterAnanda
10
✴️ Chainlink Still Within Consolidation Box (165%+ Potential)Chainlink (LINKUSD) is still trading near its bottom, literally still sideways within its consolidation box. While our leveraged trade is already way ahead in profits, the true action is yet to start. 19-Jan. ✴️ Chainlink 5X Lev. (~100% to 390% Potential) Lets have a look at the different resistance levels. We have 7.917 as immediate resistance, easy to takeout. This is followed by EMA50 at 10.25, easy since we've seen other pairs flying through this barrier. We have 12, 16 and 20... The full details can be found in the trade idea above. Thank you for reading. Namaste.
BITMEX:LINKUSD.PLong
by MasterAnanda
Link BTC - eying 90% gain - in this downward market crashBeen watching Link for quit some time - I use longer time frames. on BTC chart. we have broken the falling wedge - as long as we hold weekly above 4000 satoshi. Broken a gann fan which it has been holding for quite some time. This is one gigantic falling wedge. but you got to zoom out to see it. sometimes less noise from the market is better - and focus on the bigger picture. Falling wedge - Next wave major - wave 5 . But lets not be greedy - will just target 0.618 fibo range as a medium term trade. On USDT pair - we can see the gann angles - and a very clear accumulation pattern at the current range - the liquidity pool is used to accumulate more link. Very clear to see on the current size of the volume bar. Many alts broken down and made a lower lows, while link held the gann angle well. target is around 87% on usdt to the next zone as a minimum. In addition, link is developing quite nicely and they have stacking incoming in December. If there is anything currently in the market - there are only 4 tokens I've got my eyes on after completing from Matic and BNB. Currently Link is one of them. Better image attached.
Long
by mtrade8888
3
#LINKETH - 35% Rise Coming Off SupporttheCrypster - A slowly closing wedge and plenty of profitable trades from top to bottom within #LINK - that's what we've had for numerous months so far; here we go again! We're currently sat right on the lower edge of support and have received a good Buy signal from CTv2, we can see #CHAINLINK increasing somewhere between 30%-40% to the upper edge of resistance. If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
Long
by theCrypster
14
LINKUSD Is it finally moving?Chainlink is consolidating around the 1day MA200, being slightly more bullish as the 1day MA50 is holding. Today's highly volatile 1day candle is evidence that the market is prepared to move higher. The Channel Down on the RSI could be a Bull Flag as it was in October. We are buyers with 8.200 the short term Target. Next buy above Resistance A with our Target a bit lower than Resistance B at 9.4500. In the same sense, below Support A, we turn to selling with 5.7000 our Target. Follow us, like the idea and leave a comment below!!
BINANCE:LINKUSDLong
by TheCryptagon
5
#LINKBTC - Bust Through a Few Layers for +20%An almost perfect symmetrical triangle setup, a fresh rejection on the support test and a Buy signal from CTv2 all point toward a large upward move incoming. There are a potential few layers of resistance to try to bust up through on it's way to the upper bound edge of this wedge but movement has historically been quite strong and we think this boldness will continue for now. 20% or more over the next month.. 👀 If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
Long
by theCrypster
8
ChainLink token LINK price it's time to catch up with the marketWhile most cryptocurrencies began their rapid growth at the beginning of 2023, Link buyers were "scratching their heads" and not keeping up with the market. Consolidation in the range of $5.50-9 has been going on for 9 months. Delta shows that purchases in this range are at least 5% higher than sales. Are "they" accumulating a huge position? If so, then the growth of ChainLink token price to $9 will be soon. And ideally, in the coming months, we would like to see Linkusdt price at $15 and above _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
40