Get started

Chainlinkusd

Chainlink Continues to Gain MomentumDecentralized oracles token Chainlink continues to gain momentum now that its price has reached new all-time highs. LINK/USD has doubled in the past few weeks. We have been highlighting the possibility of another leg up after the recent price consolidation. LINK/USD broke through the 100 day SMA in early January and has not looked back. The Relative Strength Index (RSI) is 18% below where it was in mid-August 2020 so we may have some room to run. RSI confirmed its bullish trend on 11 January last as it crossed the 50 mark. Stochastics is still bullish as it heads into overbought territory. MACD turned positive at the turn of the year and looks over-extended relative to it's one year price history displayed. LINK/USD is trading at $23, well above the 8 day EMA ($19.83) which is around the level of the highs reached last August 2020, therefore providing short-term support. The 100 day SMA currently lies at $13.11.
KRAKEN:LINKUSDLong
by rzinho
LINK 12h Historical high is close, what will happen next?For 4 months, the LINKUSDT price has been moving upward in the channel. Of course, there was one flow by $8, either to work out our idea )) or to knock out the longists. But the fact is that without extra passengers, upward, it became easier for the locomotive to move. Now the LINKUSD price is approaching the important $19-20 zone , which is very close to ATH. And here we need to carefully monitor how the price movement will be controlled: If the price consolidates below the level of $19, then no doubt they are preparing for a breakout upward, and there the targets are: $20 and $22.5 soon. If there is a sufficiently strong rebound down from $19, and buyers will not buy it back, then thoughts will creep in that they are forming something like a "double top" or "Adam and Eve". At least preliminarily, some conditions are already met: - the first top is sharp from the spikes and with high volumes - the second top is flatter, U-shaped, with low volumes - the difference between the tops is not more than 5%. In any case, you need to closely monitor the market and select coins, especially when prices are near historical highs. And you need to trade for the trend, not for wishlist. It's also worth noting that Link is very sensitive to BTC flows. Good luck to all of us) _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
2
LINKUSD: It is all there for the display. Only up.LINKUSD is coiling up since July 2020. Roughly half an year now and the volume has not been so bad since its ATH. On the daily, RSI is mid way and balanced at around 44 and the histogram is about to flip to the positive side. It appears that it is ready to make the stronger move towards upside. I would expect it to break $ 15 by mid Jan and move upwards towards around $25 to $28. It appears that we now have a good entry point at around $11 - $12. DOTUSD broke its all time high yesterday was in a similar situation. Considering that it is only BTC that is moving up for so long now with only few alts keeping up would say some of that money and profits will certainly move towards alts especially the ones that are not paid attention on. LINK is one such crypto that hasn't made anything major to grab the headlines and possibly the time soon. Also, given that LINK sprung into the top 10 spot in a BTC bear market, it would not be surprising now when BTCUSD is cooling off. Good luck, Happy trading. And one more thing ,this analysis is just my opinion on the market considering the technical hints provided by the market movement and not to be considered as any form of investment advice. Thank you.
COINBASE:LINKUSDLong
by Kingler
Chainlink's next expected moves!Today we look at our current trend and where we might be headed. As you can see, our red circles show us the start of our down-trends, while our yellow circles show us the start of our up-trends. As you can see, it is my belief that we have just entered into a new up-trend channel. As long as Bitcoin can hold bullish levels and doesn't not have a large 20-30% correction, I believe, alts can really start moving in the coming days/weeks. Thanks so much all.
COINBASE:LINKUSDLong
by FiveDayCrypto