LINKUSDTBlew past m5 pivot and the tdi on the 1&4 hr are overextended..... typical reversal incoming.
Chainlink
LINK Chainlink Price TargetLINK Chainlink just bounced from a strong support and is heading to the $20.50, resistance, which is also my price target area.
Looking forward to read your opinion about it.
Chainlink FutureCoin: Chainlink
Type of signal : Spot
Entry Price : 12$-17.5$
Price now : 16.42$
Goals:
Tp1 18.96$
Tp2 21.3$
Tp3 24.75$
Tp4 28.18$
Tp5 33.91$
Tp6 43.02
Long-Term
52.44$-57.96$-60$-66$-70$-83$
SL Hold
Bearflag forming on 4Hr Chart for Chainlink Look for a Break above $16 and a candle that holds above $16.50 to confirm break out during this bear flas scenario. Possible further retest of support at previous low of $13-$13.75ish at beginning bearflag formation
ChainLink , LINKUSDT 1WAs you can see, the link has reached its very important static support range
The link in an ascending triangle is also in the weekly time frame
It is expected that the upward trend of this pattern will continue and it will be thrown back to the ceiling of its ascending triangle! ( If bitcoin passes and does not ruin everything: D )
In the RSI indicator, it has also hit the permanent support area!
Everything is available to climb the ChainLink ..
📊 #LINKUSDT ( ChainLink )
💹 Time Frame : Weekly
🔵 Personal Opinion : HODL
👤 Saeid.Mahbob
📅 01.28.2022
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
LINKUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time fame. The price has lost the R1 line which was previously the support line and we expect it to fall down to the S1 zone. We can also consider it a double bottom. We need to wait and see what it does. Either it will break R1 and go up or it will not be able and will fall more. There is also the R2 line which the price might hit and then fall down.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
(CHAINLINK) The market dunce with enormous potential.. Hello everyone !
Today H₿ Capital is analyzing LINK based on a « 2 Weeks » chart 📈
What we can see :
LINK has been one of the worst player during the last 12 months regarding its performance….. Worse than some Stock assets too… Very very disappointing for Hodlers (like me). By the way, LINK is one of the strongest fundamentals token in the market right now.
You cannot ignore the following : CCIP + Staking to be released this year + Eric Shmidt who joined the Chainlink foundation as an Advisor (ex CEO of Google 2001-2011).
Technically:
- LINK is progressing into a descending triangle (trend continuation pattern)
- It seems that we are actually in a « flat » ABC correction (to be confirmed soon with the 2 weeks candle ended this week , which could print on the chart a nice double bottom figure)
- Our white trend line act as a support for prices and this one must hold…
What we can expect :
- If prices failed to hold the white trend line + break the triangle support line (where prices are right now) we can expect Link to reach the 8$ area……..
- If prices manage to hold our white trend line + break the triangle with conviction, we can expect the following :
Triangle Breakout :
Target 1 = Distance between the mouth of the triangle added to te breakout
Target 2 = 100% extension of the first impulse move
Triangle Pullback :
Target 1 = Distance between the mouth of the triangle added to the pullback
Target 2 = 100% extension of the first impulse move
Trend-based Fib extension :
1.618 = 86$
2.618 = 131$
3.618 = 176$
IF YOU LIKE THIS POST, FEEL FREE TO LEAVE A LIKE AND FOLLOW ⭐ H₿ CAPITAL ⭐
MAY THE CRYPTO BE WITH YOU GUYS (D.Y.O.R)
IS LINK PROCESSING A CHAIN REACTION ???Happy New Years! fellow traders.
Today we consider the trading pair, LINK/USD
From the chart above we can see LINK price is in an ascending channel, tho not the most parallel one to the eye, but it fits.
Taking a look at our RSI, each time value entered the oversold region, a bounce occured right away, also aligning with price returning back to channel support and bouncing as well on each correction wave.
Currently in it's wave 4 correction wave, Price seems to have bottomed out, tho currently below channel support!!!
Should price fail to close a candle inside the channel, Downside is $13-$10.
However, if we do succesfully reclaim the channel, which i think we will, we will most likely see $200 Link, earlier than anticipated as well.
If you agree with this idea pls leave a like as well as your thoughts in the comments section.
As always, feedback is appreciated.
LINK seems to be an incredible buy rnPrice is currently resting above support.
Trade offers 4:1 Risk-to-Reward when taking profits aggressively. The risk-to-reward ratio could increase a lot if we let the TP run higher (because market conditions at the time indicate a continued uptrend to new ATH's).
LINK is also in oversold territory and plays an integral role in blockchain interoperability, which increases the likelihood it recovers from the current price levels.
ChainLink Update: H&S ConfirmedChainLink just broke the most important support level at $16 and now the price is heading to the next support levels. The target projection of the main head and shoulders pattern is around $4 but before that we have some initial supports to hold the price at $10 and $5
LINKUSD Chainlink on the precipice.Im starting to see some flower-of-life-type pattern growing here. I really hope link can find a sold path outside of the bitcoin shadow.
Chainlink at a Beautiful ConfluenceIf this can hold which I think it will we have a ton of upside, whole market is scared crapless, a whales paradise. Both the vs BTC & ETH broke 2 year long downtrends and look great also.
Chainlink broke down on its uptrend on the Daily Possible retest of support around $19, keep an eye on that tho . I'm seriously thinking we go lower before the end of the year.
Still possible to hit $15 again. Nothing more than trends and a feeling. Up to you and link to work that out.
Triple top Bearish for ChainlinkAnother drop for chainlink in the next day or so. Take your profits and buy something nice for Christmas. Looks like it will hit at the $15 range or if the support hold we can be testing $20-$25. Just a guess as I'm not a Psychic. Just a study of patterns, I'm no Stock guru by any means. Good luck either way.
Chainlink (LINKUSD) Coming Down to Test SuportWith the whole crypto market dumping, Link has sold off all the way down to the major support level. Can we hold this critical level?
$LINK/BTC 3D (#BinanceSpot) Falling wedge breakout and retestChainLink has pulled back to 50MA support where we expect it to bounce and resume bullish mid/long-term.
chain.link smartcontract.com
Current Price= 0.0005195
Buy Entry = 0.0005207 - 0.0004873
Take Profit= 0.0006337 | 0.0007641 | 0.0009214
Stop Loss= 0.0004173
Risk/Reward= 1:1.5 | 1:3 | 1:4.81
Expected Profit= +25.73% | +51.61% | +82.82%
Possible Loss= -17.20%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 7.5 months
