LINK/USD 1D: Neutral, but inclined to short*Not financial advice.*
Entry: $2.50 - 2.55
Stop: $2.80
TP: $1.65 - 1.50
Analysis:
-200d BB 1.25 stdev is visually very wide, would require an enormous amount of volume for a trend continuation move right now.
-1.25 stdev pivot now acting as resistance (previously support)
-50d BB 1.25 stdev likely to expand here. Long term compression, short term expansion. No implied direction, but is hinting at a move very soon. (shown via BB width)
-RSI is neutral. **The trough following Sibos 2017 had this same trough for the RSI, and the succeeding move resulted in a 10x increase. Same here would be $20.00. This would be the contingency plan for a short**
-Declining volume
-Pitchfork channel also acting as resistance currently.
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Chainlinkbtc
LINKBTC has hit the channel support a good long opportunityThe ChainLink / Bitcoin cryptocurrency is moving within a down channel and now hits the suppport.
The RSI is oversold.
The stochastic is giving bull cross.
I have defined the targets using Fibonacci sequence as below:
Sell between: 0.00021435 to 0.00023722
Regards,
Atif Akbar (moon333)
CHAINLINK/BITCOIN has formed bearish shark Upto 41% expectedThe priceline of Chainlink cryptocurrency has formed a bearish shark.
The RSI is close to 30 (oversold zone)
Now the price action has entered in potential reversal zone and from here it can take bullish divergence at any time insha Allah.
The targets are:
Buy between: 0.00022215 to 0.00020835
Sell between: 0.00024901 to 0.00029439
Regards,
Atif Akbar (moon333)
LINK IS GOING ALL THE WAY UP! 7/6 to 7/12Ok now we are going into the next half of the year and link is ALL THE WAY UP! We no thoughts in our mind that this is just some pump and dump. OHH NOOOOO Google won't let that happen and not to mention that link actually solves a real problem. Aside from making smart contracts smarter the oracle network provides a much faster and secure network. Link is without a doubt a SMART investment and most certainly a long term one.
Google's stock is currently at $1,132 at the time of this prediction. Now that Google has adopted Chain Link's technology it won't be to long until we see this crypto coin sky rocket!
Chainlink is about to take off! Chain Link Coin Technical Analysis for July 3 2019 - Today I review Chainlink which has been one of the best altcoins of 2019. In making more than 200% in just 2 months - the charts show that we may indeed be nearing another breakout point using the two fibonacci extension lines. Just how much will Chainlink make on this next run??
Watch today's free bitcoin video to find out! Click Link in comments
Long on ChainLink From $3 to Over $20 Per Share/Coin in 2 WeeksLink has partnered with Google Inc on some really amazing and innovative technology that is really set to pave the way into future of blockchain and crypto tech. I am looking for Link to be an overall stable investment for our portfolio.
Chainlink is growing fastI decided to take a little bit different approach than most of people and look at Chainlink situation as a whole.
Look at the idea, chart, recent collaboration with Google (Yes, Google - giant, which basically rule the world). I believe we are currently in the bull market. In this point it's not about worrying about the losses, but about the profits. Nobody wants to stuck in one point, when everything moves up so fast.
In my opinion: Chain is a great investment and it's time to join. It's just the beginning and it'll possibly grow fast compare to other coins.
LINK/BTC 1W - Fibonacci RoadmapJust using two Fib retracement and extension grids, all of the key S / R levels are neatly exposed.
Could a weekly close above 2.618 imply further upwards movement? Or will the retrace continue?
Also interesting to see an essentially non-decreasing OBV and high up above LINK's long term (mean reversion) trendline.
Should be interesting to watch.
Chainlink new support and bounce?Chainlink looks to be forming new support at the previous ATH level .00018. Low risk entry with tight stop just under .00018 is available. This is very very bullish if it does find support and bounces here. .00018 Key level. If this fails next support is .015ish and a bounce and support there still keeps the bullish chart trend, a bounce here at .00018 is just extra bullish.
Chainlink/BTC: The Recursive BullChainlink looks primed to follow another cup and handle burst upwards. If this will occur, we should expect at least 20k sats in the near future.
In addition to this, the 1w OBV is at ATH after breaking it's most recent. 1w MACD is set to cross and explode upwards as well.
Should be a fun watch.
Stay tuned.
Chainlink Potential Move upwardsChainlink (LINK) could potentially setting up for a move upwards. Looking at the chart .00009 is an area that has been resistance and support numerous times since November. While technically it is bearish to see price fall below this level, then bounce back and find resistance there, it has held a pretty solid floor around the .0008 area, and seems to be continue testing the .00009 area, and just broke through it. This will be very bullish if it is able to refind support at this level as resistance to become support is typically very bullish. So this is an area I would watch closely for a signal of a potential move. LINK/ETH chart also shows price sitting at a key resistance level as well.