Hidden Bullish Signal on chainlink??: Is this what a hidden Bullish Signal looks like?? Looks like a bull to me 😅
Chainlink
Buy and Sell possibilities for Chainlink Simple chart to guide buy and sell opportunities. This is just a projection. Do your own research.
Max PainThe NAS 100 seems to be rolling over again at this point we might see it go to pre covid levels .
If the NAS did drop 13% down to this level then Bitcoin could go as low as 13.5k.
This lines up with the 0.618 Fib and also there is major confluence at this level , it is possible that a wick down to this area could happen.
Chainlink would then come down to as low as 3.5 dollars which has some level on confluence.
Don't expect to market order any of these targets if there hit set limit orders for what is most likely to happen is a massive hammer capitulation wick lasting seconds , trading engine on exchanges will be overloaded showing you delayed order book infomation.
Worst that can happen is you don't get your orders filled.
LINK/USDT Elliott Wave CountChainlink can start something from here?!
I think we have a leading diagonal for wave A or 1 , zigzag correction for wave B or 2 that bounced 0.618 fib retracement of wave A or 1.
Let's see how the market develop from here. I will update count later.
I am long for short term also I am into this trade for at least a C wave.
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LINKETH - MONTHLY BREAKOUT (LONG) $LINK Chainlink $LINK has broken out of a brutal downtrend against Ethereum $ETH. LINK has been bleeding against ETH since August 2020 and finally looks ready to breakout of the trend and hopefully go to new ATHs. Link was the star of last bear market, and as we head into poor macro conditions, it looks like history may repeat itself. LINKETH is also sitting on major support and I'm fairly confident that it will hold strong. This could be another fakeout like we saw a few months ago - but I'm optimistic LINK will start outperforming soon regardless. During the mania phase, the market greatly over valued various L1s, meme coins, metaverse, governance tokens, etc. Its time for a return to normalcy and for only the strongest projects to survive/thrive.
USDT dominance weekly RSI new record!The weekly RSI on USDT chart has hit a new record!
We now more overbought on the RSI than the covid crash of March 2020 , as you can see whenever we peak above the 70 zone we normally get a major bottom of some kind.
I use this chart alot infact I use it to trade with Bitcoin side by side it gives you amazing confirmation , check out the TA below , using this chart I predicted moves in May and where it would bottom.
This chart is backing up my other trade at the moment check it out .
The chances are we will get a rally coming from this zone and this is a cycle bottom.
LINK/USD Elliot Wave countUpdated the Chainlink count
WXY correction pattern for a 4th wave and now we are into the 5th wave to the downside
I think is already finished 3rd subwave of the 5th wave.
I am expecting a 4th subwave corrective move to .the upside and than last 5th subwave and I think we will see soon the bottom.
Also this days I caught good trades on this move to the downside, hope you too!
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Chainlink (LINK) - June 13hello?
Traders, welcome.
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Please also click "Like".
Have a good day.
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(LINKUSDT 1W Chart)
11.31 and below are likely to be mid- to long-term investment areas.
Therefore, it is important to be able to climb to the 11.31-14.49 section.
(1D chart)
In the short-term and medium-term perspective, it needs to move above 7.72 and find support to turn into an uptrend.
However, as the 11.31-14.49 section is the section that determines the trend, it is expected that the upward trend will continue when it rises above this section.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Chainlink LINKUSDT Swing Trading Setup Buy Opprtunityin this chart you can see Chainlink 6 hour chart and breakout two month old resistance line and after that hold as a support,
Current price Linkusdt $9.2 we can expect now price will go down 0.61 fib level $6.8-7$ and if hold that support and we will see reversal candle,
Then we have buy Opprtunity there,
it's a swing trading setup and if it's work so we can expect target will be hit next 2-4-8 weeks.
If you want to invest this so please don't forget to put TP n SL.
Wish you all the best.
Make Profit with Rashid
Here's our recent Analysis:
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.
--
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
Chainlink LINKUSDT Chart long term view Technical Analysisin this chart you can see Chainlink chart (LINKUSDT)
I was share my knowledge and my view as well,
Chainlink current market rank #21 and it's fundamentally strong project,
We can clearly seen Link hold two years old support $5-6
July 2020 Link break this Resistance level and hit ATH $53 in may 2021,
After that we can see rejection from $53 and price start going downside,
finally hit $5.5 in may 2022 and it's a strong Support Zone now,
So if you're looking to buy and hold this fundamentally strong project Chainlink,
I was explain everything in this chart.
What our buying zone and also our target for mid-term and long-term as well.
Wish you all the best.
Make Profit and Remember Rashid
Chainlink RangesHi,
I've drawn up some ranges in Chainlink... This badboy has been trending very well in these bearish times.
My strategy with this one would be to trade the ranges, especially Longing the Pullbacks, and entering at the bottom of the support lines.
But generally it seems like the crypto coins are really fluctuating up and down in ranges in quite short intervals in these bearish times - and that means there are a lot of opportunities to make some quick gains, long ,short, long.. etc.
Just be careful, and remember your stops. Move the stop loss closer to break even as you get into profit, and take profit when the price seems to weaken again, unless you're more confident..
Check with the BTC-price.. If BTC breaks down, or up, you can be pretty sure the others will follow.
Sorry, I still havent really improved my Tradingview ideas since last time, but I have hopes that I will come back stronger soon.. hehe.
Good luck and God bless! :)
#btcstarburst Chainlink Is Staking the Catalyst?Mentioned The CHAINLINK many times. It has lots going on… What is an oracle? Basically a bridge from the real world to the crypto world/blockchain. (Blockchain oracles are entities that connect blockchains to external systems, thereby enabling smart contracts to execute based upon inputs and outputs from the real world. ). Chainlink is building at a rapid pace and announced STAKING… STAKING… STAKING yes i said that 3 time so regardless of price action now. Long term it will probably be outpace most projects like it… this is just a gan Stud DCA safely
📊LINK: does the breakout of the range could lead to the DUMP?Hi friends! Using data from the on-chain analysis you can see that large wallets accumulate LINK for the long term. What can help them to continue this? Of course the trap for the retail traders.
📊After the "good" news about the product development of the alts someone sell a lot of Link`s and retail traders buy it. the bars on the volume indicator are almost reach the level of the previous highs when the dump happen. It`s a HUGE VOLUME, so pay attention to the short scenario which i marked on the chart.
🔥How can this happen? The price break the trading renge where the key level is the top of the range. After the small pullback the price break it again and reach the closest value (resistance) area of $8.61-8.91.
📈I think that the price after the return to the trendline can break it down and reach first value (support) area of $6.96-7.13.
📈If Bitcoin also starts falling it push other alts to the support areas, so in this case Link can fall even to the second value area of $6.30-6.57.
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
LINK - Channel-Breakout Points To Further Determinations!Hello,
Welcome to this analysis about CHAINLINK / LINKUSD on the 12-hour timeframe perspectives. In recent times important developments are going on within the cryptocurrency market as some Altcoins seem to stabilize after the massive bearish exaggerations that emerged within the Cryptocurrency Market. Now there are some coins that already managed to form substantial breakouts and to complete pivotal formations, one of these is Chainlink which I am going to cover in this analysis. Therefore I am looking at all the determining factors such as price-action, the formational structure, the upcoming development-possibilities, and what should be considered once Link has shown up with the central volatility.
Formational Structure:
As when looking at my chart we can watch there how Chainlink recently completed a determining formation with a breakout above the boundary, this formation is the main bull-flag-formation and as Chainlink moved on to breakout above the upper boundary this completed the formation. Technically the breakout now activated the initial target zone marked in orange in my chart within the upper-boundary-zone of this paramount ascending-channel-formation. Furthermore Chainlink has fundamental supports within the whole structure above which it is likely to hold as these are building a substantial base and support-cluster for Chainlink to build upon.
Upcoming Determinations:
Taking all these factors into the consideration Chainlink is now about the main supports determined by the upper boundary of the channel-formation, the major-volume-support, the 20-EMA and the 40-EMA. All these supports are holding the established volatility above the breakout-zone and are likely to hold further within the next times. Once Chainlink reached out to the initial target-zones marked in orange in my chart it will be highly crucial how Chainlink moves into these zones because if Chainlink should move into the zones with high volatility this will be the incentive and source for further continuations which will be determined by Chainlink moving forward within the Wave-C-Extension-Zone.
In this manner, thank you for watching the analysis, all the best!
"Trading effectively is about assessing possibilities, not certainties."
Information provided is only educational and should not be used to take action in the markets.
LINKUSDT setup for futures short position . ChainlinkHello traders, Everything is clear on the chart for you like always. monitor the price after breakout and retest in circle to enter the position.
Good luck.
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