Breakout + or - for Chainlink Here's a simple idea on chainlinks Breakout ( red circle ) keep an eye on support and resistance marked in this graph. If it drops it could go to $10.
Chainlink
Chainlink (LINK) - February 9Hello?
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(LINKUSD 1W Chart)
Above the 9.8711250 point: the uptrend expected to continue.
Above 14.9592563 point: Expected to create a new wave.
It needs to rise at least 20.7294 159 points to turn into an uptrend.
However, in order to continue the uptrend, it must break out of the downtrend line.
In the CCI-RC indicator, it is expected that the upward trend will accelerate when the CCI line rises above the +100 point and above the EMA line.
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(LINKBTC 1W Chart)
Above 0.0002 195-0.0002 757 section: expected to continue upward trend
0.0003 Above 950 points: Expected to create a new wave.
It must rise above the 0.0004 674 point to turn into an uptrend.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** 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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AN IMPORTANT GOAL OF $23 INCOMING FOR CHAINLINK Currently sitting at the very bottom of an under-sold status on the,monthly RSI chart. Chainlink is getting ready to peak out above the negative trendline. Looking back at the daily chart, we may have found our support for further momentum upward at or near $17. This is showing our next hurdle on the 4 hr chart is going to be $22-$23 for link to assume new support at this level. I honestly see Chainlink moving further upward and this may be the last time we will see its $14-$16 price tag. Good luck and happy trading
CARDANO , Breaking the downtrend line ?Cardano
Ada has reached a very important level of support and has now been able to pull herself up
It is expected to move towards its own downtrend line and will break this line soon
But if the $ 1 support is lost, the descending targets shown in the image will be activated
📊 #ADAUSDT ( Cardano )
💹 Time Frame : Daily
🔵 Personal Opinion : HODL
👤 Saeid.Mahbob
📅 02.07.2022
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
API3 Fractal Hinting a Breakout!Hello Traders!
As you can see on the Weekly Candles of API3, the number of impulses and levels compared to early Chainlink price action looks similar! API3 additionally is a Decentralized Blockchain API like Chainlink. I think there is a great chance this fractal plays out and that we moon.
-Pulkanator
API3 Fractal Hinting a Breakout!Hello Traders!
As you can see on the Weekly Candles of API3, the number of impulses and levels compared to early Chainlink price action looks similar! API3 additionally is a Decentralized Blockchain API like Chainlink. I think there is a great chance this fractal plays out and that we moon.
-Pulkanator
Chainlinks future performance This will chart chainlinks performance on a 4 hour chart
The orange line represents the highs 200 days ago today and the black line represents the highs 100 days ago today.
I placed them along the current highs as of 1500 hours today. This is just done out of morbid curiosity.
Elliott Wave Theory (Wave 5- $ 100)
Hi everyone,
A Possible scenario is shown in the chart (Target $ 100).
The pattern emerges normally between one flat and one falling lines.
Corrective wave patterns:
The best way to trade an Elliott Wave triangle is to anticipate the end of wave '5'. Sometimes this is easier said than done!
2 SMALL BOUNCES THEN TO THE MOON FOR CHAINLINK!! 2 small bounces then to the Moon!!! OK maybe not the moon but at least fighting for support when we hit the defensive line at $19. Then the next hurdle will be to break through $22. Their Defense is strong. But after that, $30/$34 here we come. Coincidentally right around the same time as kickoff for the Superbowl👍
ETH , Short in midtermThe ETH is still falling down in its descending channel
But it does not seem to be able to break the Channel ceiling and downward trend this time as well
I think the price needs to be retest again at the 2000$ level.
Unless Bitcoin completely returns to Bullish , the whole scenario will change !
📊 #ETH ( Ethereum )
💹 Time Frame : Daily
👤 Saeid.Mahbob
📅 02.05.2022
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
BINANCE:ETHUSDT
W pattern
Hi everyone.
I am bullish I think the chart looks like W pattern.
I hope we find support at $ 15
Is Timing Everything in Trading?
Short Term Analysis:
LINK short??- quick analysis on chainlink
- overbought on the stochastic RSI
- TP3 is what the elliott wave predicts but im not too sure about it as its quite low
- other TPs seem more than reasonable
#Chainlink Still Holding #btcstarburstIt looks like chainlink came down and bounced on target… Does this mean it’s over? Hmm.. It gave many great opportunities To buyIt looks like the green line is the major support… Falling through that. Takes us to the$9.5 region…. not likely but always put an order just in case… I think $18 first heading towards $26 DCA safely GANN Study Jon Fiorucci
Chainlink: Linking Marines to FortunesChainlink, an oracle network. The leader in the DeFi space behind Ethereum (IMO).
In my uneducated opinion and observation, it looks like Chainlink is on the verge of a breakout.
Historically, Chainlink has followed a pattern that I'm sure a lot of people have noticed. The BLUE oval indicates a "temporary peak" and the RED oval is a "higher temporary peak". There is "Fluff" in between both ovals, that to me is really just fluff.
Once the RED oval has been hit, Chainlink falls for one last bounce until it reaches the next BLUE oval.
IMO, Chainlink is on the verge of the last bounce, and will then be running to a new ATH aka a new BLUE oval (I would guess anywhere from $80-$100) then will hit its "Fluff Peak" (Green oval) by the End of February 2023, and hopefully hit my price target of $250.
Again, just my uneducated opinion. *****TRADE AT YOUR OWN RISK******
Potential long on LINK/USDT- POI is marked on chart
- all TPs is marked on chart
this is all depending on BTC having one last sell off pump
Link/USD Ranging. Looking for price movement to $17 then $27. Link is rangebound within the range low and range midpoint. This provides the trader with opportunity to long the confirmed bounces off of the lows. I'd like to see Link hold $17.75 before entering for the push to the midpoint.
CHAINLINK Follow Up #btcstarburst What is more likely we break through to the upside… head toward $25… rejection head down to around $15.5… possibly fall through heading toward $9.60… Again sometimes this would be a Project play… if BTC holds steady and continues to the upside… I cant see the break down to $9… Just because people say BTC is coming down, you have to laugh… BTC will spit in your face when it wants to and shoot off like a rocket or jump off a cliff and take your money…. Looking at this chart If… That’s a big if chainlink breaks down to $9.60 accumulation DCA Safely… But that would mean we had a major pullback in the market again… DCA everywhere SAFELY… REMEMBER you get RICH in the Bear market!! The time will come to sell CHAINLINK is Undervalued… $300+ at some point… This is a GANN study Jon Fiorucci
LINKUSDT 1HRMM loves the retail traders money. be wise and happy trading..... Chinese new yr is upon us
Chainlink dash-like moment to shineChainlink will start its exponential growth really soon. The pattern follows closely what dash draw some years ago, there are reasons for it to be so similar.
We just finished the crypto marketplace correction.
G. Fornie
