LINKUSD formed gartly a good long opportunityPriceline of Chainlink (LINK) / US DOLLAR has formed a gartley and entered in potential reversal zone.
From here the price action can hit the sell targets soon insha Allah.
I have defined the targets using Fibonacci sequence as below:
Buy between: 2.29220 to 2.16370
Sell between: 2.39337 to 2.63627
Regards,
Atif Akbar (moon333)
Chainlinkusd
LINKUSDT ChainLink - buying opportunity comingI'm going to assume that the red line 200-EMA is the bottom of the long-term channel. We're entering a new bull market (bitcoin ribbon difficulty) so there's a decent probability that it will bounce off the 100-EMA and if it crosses down to 200-EMA that should be a great BUY opportunity between 100 and 200 EMAs.
LINK/USDT chart updateLINK/USDT chart update
LINK looks bullish but overbought. These are areas of potential bounce: 2.45 (very bullish) - 2.35 (bullish) - 2.22 (in this case safe bounce only till 2.35). For bullish bouce zones it make sense to hold for longer time, as we may expect it to grow towards 3-3.2$
LINK/USDT Elliot Wave TheoryIf Elliot Wave Theory plays out the way it should LINK could have one more leg up. Currently sitting at previous resistance and 0.618 Fib level which is positive BUT we are getting bearish divergence meaning this crazy run could be running out of steam. MacD has also printed a bearish cross with plenty of room to run to the downside. Only time will tell.
LINK IS GOING ALL THE WAY UP! 7/6 to 7/12Ok now we are going into the next half of the year and link is ALL THE WAY UP! We no thoughts in our mind that this is just some pump and dump. OHH NOOOOO Google won't let that happen and not to mention that link actually solves a real problem. Aside from making smart contracts smarter the oracle network provides a much faster and secure network. Link is without a doubt a SMART investment and most certainly a long term one.
Google's stock is currently at $1,132 at the time of this prediction. Now that Google has adopted Chain Link's technology it won't be to long until we see this crypto coin sky rocket!
CHAINLINK IS OUTPERFORMING EVERYONE - CryptoManiac101LINK / USD TA
Chainlink has been outperforming major alts this year with its rise to nearly $5 from $0.42 earlier this year.
Should you enter now or wait?
Entry on parabolic move always has its risks and is definitely cannot be considered to be safe. Nevertheless if you're someone who is able to hold it for several month, risk is lowered and you can comfortably enter with comfortable stop loss.
Long on ChainLink From $3 to Over $20 Per Share/Coin in 2 WeeksLink has partnered with Google Inc on some really amazing and innovative technology that is really set to pave the way into future of blockchain and crypto tech. I am looking for Link to be an overall stable investment for our portfolio.
CHAINLINK USD massive potentialassumptions :
smartcontract mainnet launch and market-wide implementation/adoption by end of Q3/mid Q4
smartcontracts as industrial standard (I S O 20022)
enterprise nodes, private nodes, and pool nodes are massively launched
API to blockchain symbiosis
general bull market
ETH (and dapps) skyrocket, again
BTC experiencing relatively stable growth, no more bears
All of this, and more, will be realized by 2020.
Don't be late to the party
7's
ChainLink Symmetrical Triangle As you can see the symmetrical triangle formation on the daily; ChainLink can be expected to break out in the coming days. MACD has flipped which has signaled an end to the selling pressure. Bears were unable to break through support of the triangle which signals a possible breakup rather than a breakdown. Resistance at the orange line which is the moving average and resistance at top of triangle. Keep an eye out for volume as that will be key to breaking both resistance levels for a test at BTC ATH.
Not Financial advice just my opinion.
Could this be the end of the ChainLink 3 Month Falling Wedge I believe this could be the beginning of a major price change. As you see the price has finally broken out of the 3 month falling wedge trend and could be leading to the bullish uptrend that we've been looking for. I think we could be seeing a rise back to 60 cents possibly even 1 dollar USD. we will see over the coming days if we see the uptrend beginning or possibly a head and shoulders pattern to see if this prediction has any value.