Chainlink (LINK) to test ATH and Beyond 54% Gain: Update Chainlink (LINK) to test ATH and Beyond 54% Gain: Update 07/05/21
58% Gain from Buy Zone 2. Next Stop $57 @ 161.80% Fibonacci extension, 18% Gain from the current price level @ $48. See previous analysis below. Happy Trading :)
Chainlink (LINK) Update: 44% Gained, 10% to New ATH @ 161.80% Fibonacci Level. See previous analysis below. Happy Trading :) Next stop $47 for $LINK
Update from 05 /04/21: Chainlink (LINK) to test previous ATH and Beyond 54% Gain to 161.80% Fibonacci level @ $47. Since reaching a new ATH on the 20th February @ $36.84 Link has been consolidating in this range between 61.80% and 23.60% Fibonacci level ($30 to $24) showing significant profit takers in the market as we have seen the bulls try to push the price above the 61.80% Fibonacci level and failing to break past this key resistance level 3 times over the past 42 days. On the 29th March our Swing Call script triggered a strong buy signal just above the 38.20% Fibonacci level and we actually saw the price push past the key area of resistance for the first time since setting the new ATH . Since then we have retraced back down touching the 50 SMA (a clear fake out from LINK). From here we expect another test of the 50 SMA before the LINK can truly break out of this key area of resistance to push past the 78.60% Fibonacci level and a test of the previous ATH which we can expect to be tested @ $36.84. This run from LINK has been long awaited with a lot of solid fundamental news around the project. If we see a break above $33 we can expect a probable 54% Gain to the 161.80% Fibonacci level and our price target of $47. Be patient, wait for further confirmation from price action, use buy zone to map out your buys whether you are already in LINK and want to DCA or are planning to make an entry. Happy trading :) $LINK
Chainlinkusd
LINK , Nice Profits After My CallLINK / BTC
amazing profits on LINK against BTC after my call in 28 march giving us around 95% Profits 💵
(original idea attached below)
Now link hit strong resistance line ..here we should take profits 50-80% at least and let rest to run ..if it could flip this line it will moon more !
Dont forget to like our ideas for another good calls
💡Don't miss the great buy opportunity in LINKUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (44.440).
. if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. LINKUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 55.000
TP2= @ 66.000
TP3= @ 77.000
TP4= @ 88.000
TP5= @ 99.000
SL= Break below S2
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💡Don't miss the great buy opportunity in LINKUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (44.440).
. if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. LINKUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 72.
Take Profits:
TP1= @ 55.000
TP2= @ 66.000
TP3= @ 77.000
TP4= @ 88.000
TP5= @ 99.000
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Chainlink cup and handle pattern! Hi,
We are looking at the 4 hour chart of chainlink.
Remember, the wish is the father of the thought.
With imagination, we could see a cup and handle pattern.
In combination with strong fundamentals, this could be fun to watch.
This is not financial advice, I am not a financial advisor.
Share your thoughts in the comments section.
And press like if you like !
CHAINLINK (LINKUSD) WEDGE CORRECTION Following is my analysis for CHAINLINK (LINKUSD) using wave theory & Fibonacci measurments:
1) On Apr 15th, CHAINLINK (LINKUSD) touched its all-time high $44x
2) The market went into a correction mode after a 4-month uptrend taking the price from $9 to $44
3) The correction looks like a wedge correction called triangle diagonal in Elliot series forming (A-B-C-D-E) 3-3-3-3-3 waves inside the diagonal triangle shown in light GREY A-B-C correction waves
4) I believe the next wave is the last leg of the wave E in the diagonal triangle
5) There are 3 confirmation points that need to be taken here
5.1) Confirmation 1 - Bounce confirmation of Wave E shown in the diagram
5.2) Confirmation 2 - Price breakout from the diagonal triangle, shown in the picture
5.3) Confirmation 3 - Once it breaks out of the channel it usually retraces back before going LONG
I believe these are some of the main confirmations that we need to take before taking LONG positions for CHAINLINK (LINKUSD)
Information for educational purposes ONLY, appreciate everyone's feedback !!!
Link ready to keep pushing up!!Chainlink has been following alongside the market mostly ETH and BTC and we had a bit of a correction but we looked primed and ready for a big upswing! We are currently looking to break the 0.3 FIB Level and it would be ideal for us to get a nice close above it tonight! Our zero lag MACD seems like we are about to see a confirmed reversal! our red MA is reversing and now coming back up and i am looking for our blue and orange to get that confirmed flip to bullish! We had a slight downtrend dip on our RSI and we are currently looking to break that 50. point to get the confirmed uptrend! I think LINK is a very solid hold for sure and i believe we are going to see strong upwards movement soon, remember almost every coin is following ETH and BTC so gauge those aswell! NFA just my opinion!
LINK/BTC potenial accumulation zoneLINK/BTC
0.0004 area is a potenial accumulation for LINK / BTC pair
If you are patient enough i think this will give nice return for coming weeks or months
trendline support should on weekly TF for continuation
If you see my ideas help you in trading or learning press like & comment & follow
Good luck
Chainlink Bull Flag!Link has recently exploded up creating a new ATH and now forming a bull flag. I believe we are only at the start of altseason and there is going to be many more explosive moves to come! We have regained our long term ascending channel to continuing our push up, the EMA ribbons we're getting pressed and condensed recently but are now starting to really open up showing we have lots of bullish momentum! The RSI was slightly overbought but now is coming back down into our neutral zone due to the past 3 days of slightly down sideways action. Last our zero lag MACD has reversed bullish and i expect us to see some upwards movement today or tomorrow! We have a good chance of pushing right through that ATH and into price discovery mode, the ATH resistance is already fairly weak and already has been tested twice! NFA just my opinion
$LINK heavily suppressed... but not for much longer...$LINK looks ready for a nice move up to the $50+ level in the next coming weeks. Chainlink is working heavily with many big players in this space and its only a matter of time before it reaches $1000, I believe it will have a 2017 ethereum like rally this year.
Short/Mid term target: $50 by May
Long term target $500 by October
Moon Mission Target $1000 End of Year
Send it to the moon yall!
Disclaimer: I am not a financial advisor, I hold $LINK and am bias, please do you own research!
note / tip for new people in the space : consider watching some chico crypto videos on youtube, hands down best content in the space at the moment, peace yall, will update as we move up!
Chainlink TradeThe weekly candle here broke the all-time high, so I decided to go long on this breakout, because this candle signals a lot of bullish strength and the trend in all of its trend types is up. Here I enter long with a stop at -30% R / R 1/3 but I don't set price targets, only time targets, I would say within 2/4 months. Further updates coming soon.
If you liked this analysis and you want to help me improve and continue in my work, donate to this address:
0xD36Fa870d1daef582c1bCb9FeEdA06c9a4aECC8f
ChainLink $LINKUSD Long Term Target PTs 70-150 and higherLINK/USDT
The bulls have propelled Chainlink (LINK) above the $36.93 overhead resistance today, indicating the resumption of the uptrend. If the bulls can sustain the price above $36.93, the altcoin could continue its march toward $50.
The 20-day EMA ($32) has turned up and the RSI has risen above 65, suggesting the bulls are back in the driver’s seat.
However, if the bulls fail to sustain the price above the $36.93 level, then it will indicate aggressive selling by the bears at higher levels. That could result in a drop to the 20-day EMA. A strong rebound off this level will suggest the sentiment remains positive.
Conversely, if the bears sink the LINK/USDT pair below the 20-day EMA, it will suggest that the current breakout was a bull trap.
Link Buy break of recent ATH!LINKUSDT - Intraday - We look to Buy a break of 38.08 (stop at 36.68)
Daily signals are bullish.
Price action resulted in a new all-time high at 37.98.
A break of 38.00 is needed to confirm follow through bullish momentum. W
e look for gains to be extended today.
The early dip was bought into.
Our outlook is bullish.
Our profit targets will be 42.88 and 44.68
Resistance: 38.00 / 40.00 / 42.00
Support: 37.00 / 35.00 / 33.00