Chainlink/USDT- Longterm trend line intact!Chainlink has broken above critical resistance, and is now using the weekly long term trend line as strong support. All eyes on BTC to either cooloff/ takeoff and Link should stay above this trend line.
Chainlinkusd
LINK 20$ ON THE TABLE$LINK updated Daily TA: EMA and sloping resistance test done, bounced hard. #LINK has no way to go other than 20$ at this point. Invalidation level is shown. I am bullish.
Chainlink's SOLID FLOOR Trend LineOn the weekly chart, Chainlink has formed a very strong floor in my opinion. It also coincides with Link's 21 week EMA which makes it even stronger. If prices fall below in the short term, I would expect only a brief wick and I 100% expect to close any weekly candles ABOVE that trend line!
Chainlink (LINKUSD) will probably see a small correctionOnly due to other major coins being very overbought right now I believe that Chainlink (LINK) will see a small correction in the coming week or so, before moving on upwards again. There is room for this coin to grow much higher I believe.
Chainlink Looking to Test Near It's ATHLINK breakout to possible $19.79 target.
Remember this is only my formed analysis outlook. This is not an endorsement or recommendation to buy or sell.
LINKUSDT about to make a run for ATH? Levels to watch.It can be argued that we are seeing a breakout and re-test setup for this pair. If we work under that premise, it's reasonable to to expect a subsequent test of the 19.00 levels for a new ATH attempt. But only if 15.80 holds. Otherwise, more sideways to down are likely.
Looking for a strong bullish close in today's candle.
CHAINLINK PATH TO ALL TIME HIGH LINK!Today we look at Chainlink LINK and see if we can tell when the all time high may happen. Look at the similarities of the patterns shown. I believe we may be a few weeks to a month away from a breakout if Bitcoin doesn't massively correct in the short term.
The missing linkChainlink has lagged some of the other names in the space but it could be next to see highs. Given yesterday breakout above the smaller weekly range/rectangle price might be headed toward 20. The breakout trade buy range is here or lower- green rectangle. The stop is 14 area below todays low.
CHANLINK MOVING AVERAGES SORTED OUT! MOON:30!Each time in history LINK has had it's daily EMA lines sorted out, it has had a massive move with at least 40% upside. History does not have to repeat, but it sure would be nice! Keep an eye out! I will be posting daily updates Monday-Friday! Thanks!
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.
Chainlink is going to touch the 21 W EMA ($12.5) and fly to $37Chainlink is going to touch the 21 W EMA ($12.5) and fly to $37, The triangle needs to keep to continue bullish momentum. Watch the 21 W EMA ($12.5 ) for support. If 4h candle close under that ,get out.
CHAINLINK STRONG UPTREND FORMING NOW!All four moving averages are sorting out, which leads to higher prices. If Bitcoin can stay calm, Chainlink should be able to continue this move! Stay strong LINK Marines!
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.
Chainlink - The Uptrend Continues.Chainlink reached an all-time high of $20 on 16 August 2020 before seeing a contraction in price down to $7.30 on 23 September. The price has spent the past few months recovering from the lows and most importantly found support at the 200 day moving average price. $LINK has consolidated in that area for the past two week before a bullish resurgence on 01 January.
Chainlink's price is now trading above both the 30 day exponential moving average (EMA) and the 200 day simple moving average (SMA) which is rising steadily.
MACD has turned bullish and the RSI sits at 54.11 in positive territory confirming the bullish sentiment.
LINK/BTC$LINK is in a great position for LONG in my opinion as you can see in the following chart there is a great resistance(YELLOW LINE) which can push the price up very hard.
*** NOT A FINANCIAL ADVICE***
Q1 - 2021 CHAINLINK Breakout Price Projection LINK This move is based on a log scale of our summer 2020 move up and assumes we break out in January/February. Price would put us right around $30 in March-April. Stay level headed and be ready to blast off. Buckle up! $LINK #Chainlink #Crypto #cryptocurrency.
