LINK (Breakout of ascending traingle)LINK/USDT
Just broke Ascending traingle
Best idea to enter after retest
Targets in short term 28$-30$-33$
Area in red color should hold to remain bullish short term
Good luck
Chainlinkusd
LINK.USDT (Y21.P1.E1.v2).Upward pressureHi All,
This is a continuation of the previous post, link below.
Just updating the community of a big move coming.
All the best,
S.SAri
Rising Valleys
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CHAINLINK LINKUSDT SUPPORTit could bounce on the support of the rising channel which is also on the 23.6% fib. straight up to the fib expansion level of 161.8%. sweet
LINK against USD for 1st Half 2021this is for 4h chart Linkusd
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Chainlink Price (LINK)
$23.08
2.30%
0.0006859 BTC
0.01704 ETH
ChainLink (LINK/USDT) 1W MidTermHELLO Dear traders, nice to meet you.
~ LINK/USDT
~ Mid Term / 3 to 6 months
~ Stop loss NOT NEEDED
~ Recommended Investment : 5 - 7% of portfolio
Target projection for the next scenarios in LINKUSDT 1HTechnical analysis regarding the price of CHAINLINK in relation of dollar Tether for the next scenarios, based on 1 hour movement.
The price has been moving, forming rising tops/bottoms. However, it arrived in that region where it accumulated.
I believe that by breaking this region of resistance that we find, the price will seek the projected targets.
disclaimer
*** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
This Can Be Really Bad For Chainlink (Link) HoldersHey friends, hope you are well and welcome to the new update Chainlink token.
Different support and resistance levels:
On the daily chart, the priceline of Link token is breaking out the different resistance levels and after breaking out re-testing the previous resistance levels as support before the next rally. Now the price action of Chainlink has found the highest resistance at $25. There are also simple moving averages with the time period of 25, 50 and, 200 with different support levels.
An up-channel and EMAs:
The price line of the Chainlink token is also moving in an up-channel and after getting rejected it is at the support of this channel. At the same time, it is also re-testing the exponential moving averages with the time period of 10 and 21 as support.
Long-term up-channel:
On the long-term weekly chart, the priceline of Link has formed a bigger up-channel and it is likely to be rejected by the resistance of this channel at the moment. Therefore in long-term we can expect a rally to the downside to re-test the support of this channel.
Conclusion:
In the short-term we can expect a move to the upside as the price action is at the support of an up-channel but in the long-term, a rally to the downside is more likely to be expected because the price action has been rejected by the resistance of a channel on the weekly chart.
Chainlink Next Price TargetIf we look at the channel here, we notice anytime we are above the top line, we have a few days at most before we are back in the channel. Anytime we are below the bottom line, we have at most a few days before we are back in the channel again! This has been repeating for 5+ weeks now. Until there is a major shift in the market (BTC dropping down or moving up rapidly), this Chainlink trend can continue. Thanks all!
CHAINLINK DAILY CHART- ChainLink is in an uptrend just after breaking out of an accumulation triangle. We must wait and be patient as we look for opportunities to enter the trend.
- We will wait for a counter trend pattern to join.
- We will wait for the price to pull back to some support to look for an opportunity.
Interesting fractal on Link. Coming days will be interestingIt's weird, i feel bullish on most of the crypto market, but link looks scary here, can't just ignore it.
LINKBUSD 4H price projection - Following the main upward trendTechnical analysis regarding the price of CHAINLINK in relation of dollar Binance for the next scenarios, based on 4h movement.
The price has been following the main price trend, which is strong! Making its waves of impulse and correction (Theory of waves by Raulph Nelson Elliott) and, it is respecting the neutral line of Fibonacci until the moment.
Using pure PRICE ACTION, only with price movement analysis, I can design such channels to obtain the levels where the price will ~ in my perception ~ reach in the next moments.
disclaimer
*** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
Moonshot*Based Alien TA Group. Chainlink is in price discovery right now.
Chainlink is a technology that uses smart contracts to provide real world data on blockchains. It reliably verifies. Grayscale investments rumored to add $Link. Look for sharp price increase.
BUYING THE DIPCurrently a buyer at the red box, price structure looks bullish af, imo this will be one of the last pullback before entering price discovery area. Those are my main objectives based as always in mister Fibonnacci, 32$, followed by 52$. Break and consolidation above 52$, and next objective is around 80$.
ChainLink Entering 2.618From the fib circle we can see 2 rejections at the 2.618 fib line
Finally a break up into the 2.618 area has been allowed
A scruffy cup and handle can also be observed around this area
Just added some LINK. I think I'm addicted to this market. ;D
CHAINLINK POTENTIAL ELLIOT WAVE PATTERN FORMING! 5TH LEG UP?! Today I noticed we could be making a near textbook Elliot Wave Pattern from Chainlink on the Daily chart. If that is true, we would expect the next week to be the 5th and final leg up before a correction. With the Presidential inauguration, the DXY (US Dollar Index) could become much more volatile and invalidate this pattern. Just an observation and something to watch. Thanks all!
LINK-4h. The critical point is $ $22.3-22.8 and falling to $17.Three attempts to break the range of $22.3-22.8 , which buyers made in the period from 16 to 19 January did not work . It was this range that did not allow the LINK price to accelerate the trend and gain a kept above the white growth channel.
Thus, the LINK market has stopped consolidating, and now the price is trying to re-test the range of $22.3-22.8.
On January 19, low-volume buyers tried to take control of the range. However, the attack ended in a failed high and a local prices reversal. If this scenario is repeated and buyers do not increase aggression - the $20.3 mark will be threatened.
Having lost it, buyers will be forced to retreat to the range of $17-18. Globally, the correction can be much deeper. Check out our global LINK idea:
If Buyers can take contro l of the range of $22.3-22.8 - after fixing the price, the next target is $28.5.
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LINKUSD ELLIOTBroke out of the descending triangle, Possible small drop to previous resistance, and then bounce back up. (Confirms Elliot wave)
Open Moving Averages - LINKLINK has made a clean break upward, this movement upward should continue, emphasized by the 3 open moving averages.
On a personal note
I recently sold my investments as I felt they were taxing on my Mental health, I don't have the fortitude for this industry!
For anyone that can relate just know you aren't alone.
Bixley
CHAINLINK'S NEXT MOVES WILL BE ASTOUNDING!I believe Link will back-test it's previous ATH of $20, and then explode much higher in the coming days/weeks. This is only expected with Bitcoin holding current bullish levels. If BTC crashes in the short term, it will drag Chainlink and altcoins down with it.
LINK Parabola InitiationThe Banana Boat parabola ;D
Lets see how this plays out over the coming years.
Target for me is ~100
Very bullish extension of Ethereum
Adding more today!
Bit of a geometric analysis
