Chainlink continues bearish trend $3.96-$4.20 possible future for Chainlink if support can't hold on second pump to $7.50 area. Long outlook possible retest $9 if this holds pump to $12.
Chainlink
LINK.Usdt (Y22.P3.Video1). More to go?Hi All,
We review the current levels to trade and the criteria to do so.
With also some background explanations as to how we got here.
All the best.
S.SAri
LINKUSD daily time frame analysis Yellow fib drawn on the weekly time frame. This is the long time frame expected targets.
White fib drawn on the daily time frame. This gives us guidance for the short term targets and possible rejection/volatile levels.
Red boxes are drawn on the daily time frame where wicks are expected to fill during the next pump.
Let me know what you think.
LINK to $8.5LINK to $8.5.
Nice breakout and pullback. If bullish market will continue, second target is $18.
Flame Formation in 1H signals to rise ??İ have seen a Flame formation that signals that rising may continue if total market does not stop it
NOT financial advise
LINK MARINES GETTING READYEver since the finish of this textbook falling wedge (), Chainlink LINK has been setting a zone of accumulation.
Only a matter of time before it impulses out of nowhere forcing bottom sellers to fomo back in
Hold my beer pls
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No financial advice, do your own research, don't be stupid
Link inverted parabolaLink broke out of it's 434 day bearish parabola (in purple). In my experience, that means we have some upside ahead of us.
Keep in mind we're still in a bear market, which means that I see this pump as a dead cat bounce. I believe the price will rise in the next few weeks, crash to a new low in September, then move sideways between ~5 - 10 dollars until the early days of 2024, i.e., right around the time of the next BTC halving. Then we begin a new 1.5 year up only cycle, at which point LINK should pump high as hell.
These dead can bounces can be very profitable if you know where and when to sell. I've marked interesting resistance levels at which I intend to sell.
I've attached my macro BTC chart, and macro LINK chart, for accumulation zones.
$link still ranging | leaning eventual breakoutCOINBASE:LINKUSD still in the pain range, but after a successful abc down for our local w2, i think this ranges up with the rest of the market to setup for a potential breakout to $10.
staking coming up later this year as well.
Chainlink (LINK) - August 10Hello?
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(LINKUSDT 1D Chart)
Primary resistance: 9.731
Secondary resistance: 11.064-11.976
Support: 7.411-8.290
If the price holds near 8.290, I would expect a breakout attempt to move above 9.731.
When it falls below 6.7, Stop Loss is required to secure cash.
- Since the RSI and Stoch RSI indicators are entering the overbought zone, it is necessary to check where support and resistance are found when the RSI and Stoch RSI indicators break out of the overbought zone.
Therefore, you need to make sure it is supported in the 7.411-8.290 section.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
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CHAINLINK with a clean chartAnyone agree with this? I want to buy BAND instead for super saiyan gains
LINK/USD I still think that we need to drop lower below 90% from ATH.
I will start acummulating more and more CHAINLINK when we reach blue area.
I want to see strong capitulation candle with a lot of liqudations of buyers before entering in to the market heavily.
$LINK - Hidden Bearish Divergence $LINK - Hidden Bearish Divergence
Just as UNI, Link is also showing hidden bearish divergence on the 3D timeframe.
Let's see how this one goes.
Chainlink Price Analysis — August 8Chainlink has posted an aggressive 12% rally over the last 24 hours, tapping a near two-month peak at $8.74. The cryptocurrency also recorded its highest bullish trade volume on Bittrex since May, highlighting the notable expectations of a bullish rally in the near term.
That said, bulls need to be cautious of impending ease in pressure for LINK leading to a possible return to the $8.00 mark.
Meanwhile, my resistance levels are $9.00, $10.00, and $11.00, and my support levels are $8.00, $7.30, and $6.00.
Total Market Capitalization: $1.14 trillion
Chainlink Market Capitalization: $4.08 billion
Chainlink Dominance: 0.35%
Market Rank: #24
LINKUSDT, quick analysisHello traders, Everything is clear on the chart for you like always. Monitor the price in circle to enter the position.
Good luck.
If you like the idea, do not forget to support with a like and follow me for next analysis :)
Write your comment and opinion below to me
CHAINLINK Correction ContinuationChainlink has broke below a 3 year support line and also had a bearish retest of said line. If this level isnt regained, I would look for a drop to the $8 region to buy and accumulate. That would be roughly an 84% drop from the ATH and around 48% more to go down. A similar correction in Bitcoin at 48% from current levels is 20k. that would retest the old ATH and hit a 72% correction. Both looking like perfect parobolic correction levels.
LINK - Wait For It!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
LINK is rejected a strong support and round number 5.0 in green, so we will be looking for buy setups.
on DAILY: LINK formed a valid wedge pattern in brown but it is not ready to go yet.
Trigger: for the bulls to take over, we need a momentum candle close above the last major high in gray (11.0)
Meanwhile, until the buy is activated, LINK would be overall bearish can still trade lower inside the horizontal support in green.
In this case, we will be looking for new buy setups to form around 5.0
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
LINKUSDTThe price has moved out of the triangle pattern, provided that the price range of $7.34 is maintained, there is a high possibility of forming an upward trend up to the specified range.
Chainlink Go Up Soon ?LINKUSDT just breakout and retest the Ascending triangle Pattern. If the retest success, LINKUSDT can go up to 9.12-9.276 Area.
Chainlink Roadmap 2022-2024It seems for now we have a bottom to work with , things are starting to become much more clear for Link , we now have this major trendline as Marco support. It's the same trendline that sent links on a massive run up to 20 dollars and now as it stands we seem to be holding it.
As you can see from the chart this time fib sequence is unreal , three amazing chainlink events , I try and find these all the time spend hundreds of hours going over link and btc for the golden sequence which I believe i found for bitcoin, its how i saw this capitulation event as early as January 2022.
Chain Link Fib Count
.0618 - This date is important because it's when Link hit 20 dollars for the first time, it was an important level to hit that resulted in over 140days of consolidation.
1.618 -All time high , yes this fib count lands right up there .
2.618 - This was a major pivot point down for the link which confirmed the bear market because it created its first lower low on the weekly.
3.618- First week of October 2022 , this could be the week Link starts increasing in momentum.
4.618 - This could be the date we get a rejection of the 8/1 gann fann , normally when price approaches 8/1 for the first time there is some sort of rejection or event that occurses and if my theory is correct it will swing down to the bear market lows again , as I go over in other TA's Bitcoin always comes back to create a double bottom before lift off .
5.618 - This is the most important fib count of all because it lines up with many things , first of all the Bitcoin halving event is during this period which for now is May 4th 2024 , we also have this very important LINK/BTC time fib which I have used for years without fail and the next fib time on that is last week of april 2024.
The RSI on the weekly on Chainlink has been in a descending wedge pattern for more than one year , once we break this can expect big moves.
So expect a major chain link event during March 2024 to April 2024.
Chainlink LINK long Entry Range, Take Profit and Stop LossLINK/USDT
Entry Range: $7.70 - 8.20
Take Profit 1: $9.30
Take Profit 2: $11.40
Take Profit 3: $13.35
Stop Loss: $6.20
we bought the dip
Link Currently At Dynamic Support!When taking a look at link/usdt on the 4hr TF we can see that it is currently at a dynamic support level which is the diagonal line shown. We can anticipate a bounce here as long as BTC does not continue to dump.
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This is not financial advice. This is for educational purposes only.
