Chainlink
Good Position for ChainLink - USDT Technical analysis of link ciphers in weekly timeframes.
(Please also read the previous analysis in the daily time frame).
Technical and price action training tips:
- The combination of MACD, RSI and CCI indicators is positive.
- The volume and average of transactions is satisfactory (especially in recent weeks has been excellent).
- The price is closed above the simple moving average line of the middle of the Bollinger Band.
- The price is in the upper half of the Bollinger Band.
- The price is entering its own cum cloud.
- has cut the price of base and canon lines (in Ichimoku indicator) upwards.
- The current price valley is composed of the previous higher price valley.
- The 553-day uptrend line had good support at the price of $ 15. (Even after the $ 53 price peak and the 74% drop)
Conclusion: The price has tremendous potential to reach $ 34 and $ 37.
First Target: 20%
Target II K 30%
like always :
- Observe capital management.
- Observe risk management to Reward.
Good luck and profitable.
very GOOD position for LINKThe situation is very good.
Technical analysis training tips in daily timeframe:
- The high price of the cloud is its own cum.
- The future Komoi cloud is green.
- Good trading volume in daily timeframes.
- The Bollinger Band is bullish.
- CCI is above +100.
- The RSI has not reached the shopping saturation zone.
- MacD is green and the MacD line cuts the signal line up and is located above it.
- The price has separated from its $ 17 price and has been on the rise over the last 27 days.
Tips from fundamental analysis:
- Oracle is very good.
- The best and most popular cryptocurrencies in the Oracle domain.
$LINK Continuation (Intraday Trade)Hi, been some time. A low timeframe chart of chainlink.
LINK has been trading in 27.6-28.4 zone since we saw yesterday's pamp trough 27.5 resistance. It hasn't retraced below which means enough buyers to support it above the resistance.
We could see next leg up today if BTC gives link room to move up and out of distribution zone. 28.8 - 29.5 - 30.8.
Wait for confirmation on this one or enter in the lower 27's. Careful, this is a short term margin trade!
LINKBTC continuing uptrend - LINKBTC just bounced off the bottom part of the parallel channel
- LINKBTC just broke the local downtrend with volume which gives us a first target of the equilibrium of the parallel channel. Afterwards we target the beginning of the downtrend (0006804). Lastly, we are looking for the upper side of the parallel channel.
- MacD just crossed over and RSI has bullish divergence
Happy trading :)
LINK: two possible optionsLINK is fluctuating in this pattern which looks like a triangle but I think it's more of a pennant. I'm bullish on LINK and TA here is just based on four things:
clearly a bullish pattern;
people calling it on
LINK trending 4th on LUNARcrush
the fact that it has bottomed, even if it isn't shown here price went a little below 0.786 and started going up again
I see two possible upper borders to this pennant so I left both of them.
If you DCA your entry you'll be fine anyway but if instead you want to do only one buy use 23USDT as stop loss, it's more than -10% from current price but this because market is in turmoil right now and dips can go lower. I'd personally DCA my entry if I had fiat left. However last time I've checked (last night) BTC looked like it had bottomed and there were many people calling the bottom as well.
Good luck
ChainLink (LINK) flipped MA Ribbon bullish - more tasks to doChainLink´s 5 tasks on the daily chart...
1. break the 200 SMA (just in work)
2. break the MA Ribbon and turn it bullish (done)
3. break the volume resistance
4. break the 50 SMA (done)
5. break the resistance on RSI
Especially the RSI will be interesting.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
LINKUSDT, Exactly started moving from the zone toward ...Hello everyone
According to the chart and previous analysis the price and the movement of whale exactly started from the minor support zone and its moving upwards toward the target and reach to the resistance zone.
If you took position in LINK risk free it and go up with the price in anywhere the market wanna go
This time its not to take in position just update the last analysis
Good Luck
Abtin
Previous analysis :
Past Link VS Future ETHERstructures and waves repeat themselves usually. in these two, we've chainlink in the past had made a very similar move to the one ETHER is making recently. we might see the same completion in future just like it happened in the past (aggressively speculated. Chart can do completely the opposite)
LINK is a boss with Hidden Bullish DivergenceLINK WEEKLY CHART. This chart is
staying within the bullish channel
and if you look at the RSI, and look
at the Bull Pennant, this chart has a
HIDDEN BULLISH DIVERGENCE. Thats when
the chart has a higher low and the RSI
has a lower low...this chart is primed for a bullish move
to the price targets listed.
CHAINLINK Symmetrical Triangle on The WeeklyChainlink is forming a symmetrical triangle on USDT pair, its already breakin out on BTC and ETH pair, Im bullish on Chainlink since its been on accumulation in the last 7/8 months, Im sure we gonna see new ATH in the next 4 months or even sooner, here is the plan 29->34->40->44->new ATH. Chainlink is a good coin with a strong fundamentals, This time for sure, send it ma bois BINANCE:LINKUSDT .