Chainlink
100$ link ? huh ?
HEY GUYS
link 100$ ?
is that possiple yes it's f possiple
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link have a nice wave 1 to the hole way to 60$ and we hace a nice abc zig zag in big wave w and another zig zag up on wave x
and we in 5 waves down rn to the end off wave y
okay let's do it again
wave on start from 1$ t... and we hit 60$ here start wave 2 correection wxy and it will end around 2-7$
and will start a big wave 3 and i expect this to hit 100$ because if this was a real wave 3 so it should be so big be cause watch the lenth off wave 1
wave 3 is bigger so this oculd hit 100$ at lest .
and we have a 2 more wave the 4 correction wave and the 5 umpulsive wave i will update them later
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why i think this gonna go up ?
1-elliot waves
2- as we now crypto for the s&P markets the etf etf have one more wave up as btc and it already did a nice zig zag correction so expect it to pump on any momunt
3- us dollar was rising so high and it got a 4 waves we in wave 4 correction rn on us dolla so aftet this finish us dollar will do one more move up that will make crpto dump aftert that us will enter and nice correction for weeks
4- the RSI IS over the over sold
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that's al lwhat i have hope u enjoy it
#CRYPTO BULL MARKET IS OVER? #LINK Technical Analysis showsThe crypto bull market is over. Most bulls are still in denial or talking about a 'major cycle'. No.. I will just use text book simple TA to explain. See for example weekly chart of #LINK one of the major coins:
1. Long term uptrend broke.
2. First sell-off
3. Back to normal
4. Lower highs
5. Distribution range (wyckoff market cycle)
6. Lower high in range
7. Next is a break the low/support
8: Target is the next big support level and can be calculated by flipping the range..
Chainlink (Link) formed big Gartley for upto 782% massive moveHi dear friends, hope you are well and welcome to the new trade setup of Chainlink (Link).
On a monthly time frame, LINK has formed bullish Gartley pattern.
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
#Chainlink Recovers, will LINK Bulls Propel Prices above $8?Past Performance of Chainlink
Currently, Chainlink prices are steady versus the USDT and BTC. Even though the dominant trend is bearish, there are signs of strength and shifting momentum. Nonetheless, this isn't dismissive of bears. While LINK has added nine percent versus the USDT, the coin is still below the middle BB. At the same time, the push higher is with markedly low trading volumes, with support clear at last week's lows at $6.
#Chainlink Technical Analysis
Sellers are in the driving seat even if there were encouraging gains over the weekend. The primary support line is at $6. If buyers push higher, ideally above the middle BB and $8, LINK bulls may flow back, reversing the losses of May 11 and 12 as a double bottom formation forms. In that case, the coin may surge to $12 in the medium term as prices bottom up. However, reversals of May 28 and 29 gains below $6 would offer LINK traders more opportunity to ride the bear wave towards $4 as sellers push for new 2022 lows.
What to Expect from #LINK?
The technical candlestick arrangement in the daily chart suggests the downtrend is slowing down and bears are exhausted. Since prices are still below the middle BB and immediate resistance at $8, bulls have to overcome these lines for clear price definitions.
Resistance level to watch out for: $8
Support level to watch out for: $6
[b ]Disclaimer: Opinions expressed are not investment advice. Do your research.
The New Chainlink Cycle Has StartedThis could very well be the new Chainlink channel before breaking the 8/1 Gann Fann and going to all time high.
So as you can see from the two yellow circles this channel is becoming pretty important for link. Last time we hit the bottom of this channel it was the Covid crash March 2020.
791 days later we had the same thing happen capitulation crash to the bottom of this channel and so far things are looking pretty good, we keep closing weekly candles above it .
The BTC/LINK time sequence is now officially started, check out this TA below .
From here onwards Link has now started its new cycle, a potential rally could take it as high as 20 dollars this year , before rolling over at the top of this channel going into 2023.
The next BTC/LINK sequence is now April 2024 which lines up with Bitcoin halving and March 2024 time Fib you see in this chart. It is possible that during the period April -March 2024 chainlink will break the 8/1 Gann Fann and start its parabolic move upwards and break all time high.
Target for late 2024 would be 185-200 dollars.
LINK/USDT - Potential Short ScenarioHello Traders!
LINK movement within the descending trend began to accelerate, which may indicate the soon completion of the falling phase.
If we take the correction of the cryptocurrency index (Bitcoin) to $20,000 - $22,000 as a basis, we can assume that the zone of interest of buyers will be below the current price marks.
A suitable price range for asset recruitment in the medium term would be the in the $2.83 - $4.60 zone
We should start the intake of the asset closer to the support level of $2.83, in the range of $2.83 - $3.32.
The profit-taking targets in medium-term purchases will be the price levels of $6.86 and $8.38
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
Chain link Low targets chain link is going to make trading nut here and go deeper . my target for buy is 2.7 Dont rush ,market balance shows a deeper targets .2.7 will be the 0.9 fibo projection .there could be a shadow for 1.8 $ and close of weekly candle should be 2.7 date must be in second week of july for all market low targets .
Will Wait To Buy Lower.....Should we wait to buyer at lower prices?
becuase you woke up this morning and read the news
Food crisis?
World War 3?
Nuclear War?
Monkeypox virus?
Bitcoin ponzi scheme?
Take a pick they all seem interesting meanwhile we stand right now in one of rarest times to buy Bitcoin yet everyone is scared or waiting to buy lower.
The Mayer Multiple is at 0.67 now is the time to put those news sites aside step into the moment and stack some Bitcoin!
Chainlink at a fork in the roadSitting at $7.60 resistance, chainlink looking to test $9 but having difficulty doing so. Possible retest of support around $6.50 if it doesn't break upward. Watch out for the false break higher. Keep an eye on the candles. Watch out for long candles in the current stagnant trend, if that happens expect an inevitable retracement depending on the direction.. expect a hard retrace lower to an unbelievable $4.80 not currently looking that way but keep an eye on your tops and bottoms.
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
Key points to look for on Chainlink Chainlink looking for support @ or near $17-$18 range. Keep in mind on both the 4hr And Daily Chart , There is a possibility for a significant retracement to $14 range. All this is only plausible if the formation of a triple top/ head and shoulders start to form. Things are looking up for Link either way. Take profits along the way to $23 and just take note of previous trending this past December. This may just be a similar fakeout to a higher high.
Break out or Break Down for Chainlink Testing support @ $10.45 could possibly see a Break out to retest $12. Either way looks bearish as both current positions are a bearish triple top @ $10 or $12 If no further progress is made.past the $12 previous high.