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Chainlinklong

Chainlink for the winSentiment went from ATH at 20 doll to in the dumps...overall lots of stuff happening right now, ie US elections and coronavirus. Countries are starting to tighten travel restrictions and some are outright shutting down. Chainlink certainly fell victim to a euphoric ride to the top by the crypto twitter bulls. The buying power fell however was supported heavily from 8-12 dolla. The chart looks to be showing more strength...the buyers are stepping in and we are holding a beautiful long term diagonal trend line. Swing highs are higher and swing lows are lower. Even if this chart doesn't follow the yellow line, if we hold that diagonal trend line then the march to the money will be glorious (albeit slower). Either way, more and more people are adopting chainlink, twitter is getting excited about it again and we have lots of reasons for volatility. HODL for the glory. The Content is for informational and entertainment purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. This is not financial advice nor am I a financial adviser. :)
BINANCE:LINKUSDLong
by RozeRoze
1
CHAINLINK BUY AND SELL ZONES!!So everyone knows about chainlink buy now unless your living under a rock, but if so thats ok, heres some quick and easy buy and sell zones to keep an eye on. everytime the RSI is over sold it tends to be a great buy time or DCA (dollar cost averaging) in. also around the bottoms before next run MACD seems to be a little laggy but histogram is right on. The same goes for the over bought on the RSI tends to be a great time to sell. be good time to probaby scoop up a little on this now if you wanted. it wouldnt hurt.
Long
by Crypto_Gardener
Chainlink (Link) Is Completing Setup For Next RallyHey friends hope you are well and welcome the new update on Chainlink DeFi token. On the daily time period chart the priceline is moving in a down channel. The price action of LINK is rejected by the resistance of channel and 100 simple moving average at the same time. The priceline is already moving below the 25, 50 and 100 SMAs and has strong support of 200 SMA at the same level where we have the support of down channel. Therefore there are chances that the price action of Chainlink may take another bullish divergence from the support of channel. The priceine of Chainlink is completing final leg of bullish BAT and soon it can entere in potential reversal zone. The targets as per Fibonacci sequence of bullish BAT pattern can be as below: Potential reversal or buying zone: $7.17 to $5.53 Fibonacci projection or sell zone: $11.10 to $17 Conclusion: The priceline is rejected by 100 SMA and the resistance of the channel, therefore it can test 200 SMA support and the support of the channel at the same time and complete the bullish BAT. After this bearish move we can witness another rally to the upside. The potential reversal zone of BAT pattern can be used as stop-loss as well.
Long
by moon333
3
LINKUSD LONG TERMI am very drawn towards a crypto bull run at the end of this year into the start of next year. I have given a view on BTC to aid my bias for a bull run. It has broken important structure and I am waiting for it to retest the broken structure. This leads me to look at ALT coins because we know that BTC rules the market, what BTC does the other follows. Lots of hype around chain right now and rightly so...look at the market structure and formations, we have seen lots of positive bullish movement for such a short space of time. BUT! it's incredibly young and IMO we will come back to $5-4 before the bull run, we don't even have enough data yet to draw accurate trend lines. I think we will see $15-17 before the big dip I am biased about.
COINBASE:LINKUSD
by XHRISTIE
LINK.USDT (Y20.P4.E5).TA.Entry level is hereHi All, This is a continuation of my previous LINK.USDT post, link supplied below. On my last post for LINK, you will note in the last entry in the update section, I entered this chart and the green zone, as part of the weekly support level. A good level/zone to re-accumulate. Unfortunately I didn't get filled at $7.20 price as my bottom but I did get filled at $7.45. We will see if this was the bottom for LINK in the coming days. For now, people would more likely short LINK and many of the ALTs as there are plenty of opportunities, if I have time, I will post which ones I have done and still looking at. I do have BTC.dom to go up a little further but one can't be so confident what that means for some of the ALTs. With LINK, I'm going to accumulate to going long. It might drop further more but as they say, no risk no reward. If you look at the RSI on this chart, it does support my thesis. At this point, I can't see a deeper pullback at this point, but one never knows. Please give me a tick or like for this post. Regards, S.SAri The SHORTING opportunities were given. Hence why I have shorting at this latest level but its likely to be a reversal pattern stemming from this.
Long
by ssari
3
LINK.USDT (Y20.P3.E5.v2).Rare Gems.No.1.not there yet** This is a continuation from the previous post, link provided below ** As you can see based on the non log chart, it makes it easier to understand price action here. The trend line is key to this and must hold which its doing, however as per chart, wave 3 to 4 is a complex wave and hence is designed to strip your profits, like we did with 9k to 10.5k with BTC. Hence I'm staying away from further action, I bought in and now wait it out. OBSERVATIONS: ================================== > fib. levels are aligned with price actions support and resistance levels > similar KDJ pattern to the previous wave 1 to 2 and hence will use this as a guide > many levels to break on the upside what looks like a ascending triangle > the ABC correction is complete however gaining momentum will be slow > the trend is good MY THOUGHTS: ================================== I already hold LINK as I bought some at the $12 to $13 dollar mark. I want to buy more but I rather look for charts that are or have moved significantly. Once these coins slow down, eg BTC or ETH, I'll redirect some of the funds to LINK, if LINK is ready. NOTE: BTC dominance is about to have another bounce as it approaches a key level. My guess would be it does another break to the upside (breaking 12k) to reach 12.5k or more. Won't be long so this might explain the ascending triangle taking place for LINK. The DAILY gives a good account to what's going on, from a bullish perspective. I see it bullish based on the indicators as well. What are your thoughts? Please give me a like or tick for this post Regards, S. Sari PREVIOUS POST related to this continuation:
Long
by ssari
3
LINK.USDT (Y20.P4.E1).Rare Gems.No.1.Bullish again **** This is a continuation of the previous post, link below **** Hi All, Firstly don't miss out. I have been stalking this bugger for some time and kept buying the dips in the formation and now its done a breakout, it almost lines up with BTC to soon break out as well. Either way, you win but one would like to flip to BTC when it rockets up as well. If you recall a few incidents with btc dominance (chart), when BTC dom is about to go up, the alts are likely to drop a small % (5 to 10%). So if you time it well you can compound with this upward motion with both coins. But your timing has to be good. As for this chart, there are two ways to look at this formation, and both are good signs. I thought I better post this update so you still have a chance to get in. The daily even looks better Cheers, S.Sari BTC chart Previous posts related to this one (continuation). (I like to keep posts linked so when I look back, I have a clear history on my success and failure points, and hence easy to review and learn to improve).
by ssari
3
CHAINLINK Chart Analysis Brief Projection To Help Better understand mY projection and Price Targets i did this chart using the Fib Circles. as you view in the First pic you can see how accurate the support and resistance points are lining up with the fib circles. moving on to the second chart pic you can see how the fib circles crossing thru each other are also holding support and for each line we touch we are usually bound to pull back slightly to help break resistance to spring for a pump. sometimes we break right thru resistance with strong pumps. so understanding this pattern will help you understand why Chainlink needed the slight pullback today. the dump was caused by a liquidation event according to trading view pulling chainlink back by 20% in 30 mins. back to the charts though as of right now chainlink could fall a little lower to $16.22 before tracing up the 2.618 fib so i am expecting by the end of the night tomorrow for link to shoot back up to $18.26 and maybe pulling back slightly again i'm not expecting to much pumping at the moment how ever i did notice a small bullish divergence on the RSI for the 1h chart which shows we are oversold. just my chart analysis and price predictions ( THIS IS NOT FINANCIAL ADVICE, This is simply a idea from a fellow trader you are the only one responsible for your own Gains and your own Losses) Long term im very bullish with chainlink and many other coins
BITTREX:LINKUSDLong
by kezzyrose412
LINK CHAINLINK retracement levelsChainlink, Tellor, and Band Protocol all provide what are known as “oracles” for decentralized applications. Oracles connect off-chain data to decentralized applications — a service that has become increasingly important to DeFi. I`m looking for a retracement to 0.618 level or 0.00085270btc. If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
Short
by TopgOptions
7
LINK/USD Upward Momentum Unstoppable, How Nigh Is $20? Chainlink breaks several barriers becoming the week’s most improved altcoin. LINK/USD price action narrows under a descending trendline resistance as reversal builds momentum. Chainlink has been on most of the cryptocurrency traders and enthusiasts’ minds since the weekend session. The altcoin has not only broken several barriers but also attracted a great amount of volume to back the bullish action. Although the entire cryptocurrency market has been bullish since mid-July, most tokens have slowed down the uptrend. However, Chainlink has remained unstoppable in the push for new highs. On Sunday, LINK attracted a higher volume than Bitcoin (BTC) on Coinbase (a leading cryptocurrency exchange platform in the US). The surge in volume was also reflected by the consistent rising of the price first breaking the barrier at $10 and sustaining gains towards $15. LINK/USD topped the resistance at the 61.8% Fibonacci retracement level taken between the last drop from $14.53 to the lower level at $9.12. Although aiming for levels closer to $20, LINK hit a barrier within a whisker of $15. A reversal has, however, been underway with LINK/USD narrowing under a descending trendline. Chainlink seems to be settling for consolidation above the 61.8% Fibonacci level ($12.50). It is teetering at $14.53 while its immediate upside is capped by the 50 SMA in the hourly range. A break above the trendline resistance could eventually resume the uptrend with gains past $15.00 moving closer to the ultimate resistance at $20. For now, consolidation above the 61.8% Fibo level seems like the best approach. It will allow the buyers to gather more strength in order to have more volume while staging an attack beyond the trendline resistance. Sideways action is brought to light by the RSI and the MACD indicators. Chainlink Intraday Levels Spot rate: $13.23 Percentage change: -1.81% Relative change: -0.27 Trend: Bearish bias Volatility: Expanding
BINANCE:LINKUSDLong
by CoinGape
5
Buying Chainlink Fomo Here Is Very SketchyAll of the talk in crypto town is around chainlink. You know what they say... when everyone is talking about it, probably not a good time to buy. This one has an insane rally and now is dead on Resistance at $10. If your buying this now, I pray for you. I personally think it's a good time to take profit and hop out. The risk to reward buying here is not worth it, lots of room for support drop off. I'm not interested, but I do wish you the best of luck hodlers.
COINBASE:LINKUSD
by UnknownUnicorn2319099
95