Chainlinkusd
CHAINLINK ROAD TO 150$ , IF HISTORY REPEATS ITSELF!Road to 150$
the 1st wave of chainlink was from bottom low @0.20 before making new higher highs to @5.00 , ( it took 182 days for the 1st wave to happen )
the 2nd wave of chainlink was from bottom low @1.52 before making new higher highs to @20.00 , ( it took 153 days for the 2nd wave to happen)
the 3rd wave of chainlink was from bottom low @8.50 before making new higher highs to @50.00 . ( it took 182 days for the 3rd wave to happen)
If history repeats ..
the 4th wave of chainlink should be the bottom low of @13.50 to making higher highs to @150.00. ( it should take 153days or 184days for the 4th wave to happen which means January 1st , 2022 )
Upside-down mirror tool used
Chainlink symmetrical triangle, 200MAChainlink formed a symmetrical triangle and and still below 200MA, similar to VeChain. Link currently testing the support line and hopefully successfully bounces off the support line. Then I hope for a successful breakout in the next few days. If Chainlink successfully breaks through the symmetrical triangle and 200MA it will be a very bullish sign.
Link Looking for a Breakout!!Chainlink has been starting to push up once again off of our lows at almost 21$(USD) we are seeing a strong push upwards within a bullish triangle and we are seeing a strong hold on our bottom support of this triangle. Slightly above the top side of the bullish triangle we have been getting rejected off of the pivot point, we have had a total of 10 wicks and touches on this level and hopefully we can see some volume soon and see a final push above here. Regaining the pivot point is absolutely key for LINK like in the name it is a reversal point where we would likely see a nice rally off of, I think this outcome is pretty likely and due to the fact that we are currently in a bullish triangle which historically plays out to the upside so if we do see a break to the upside it could be an explosive one! Now keep in mind with BTC dominance still rising Bitcoin could ruin the party once again for the altcoins so that is always something to keep a close eye on! Looking at the bollinger bands we are sitting directly ontop of the midline which is currently support, and we definitely want to see a hold above here for daily close tonight and keep this level as support, the last thing we need is heavy resistance just above the bottom of the triangle. Checking out the RSI we are currently right on the midline and we are looking for a bounce here, we want to stay above this level not just because it keeps support but being above the midline confirms we are in or staying in an uptrend. If by chance we do break below here we have uptrend support coming from previous bottoms and there is a high chance we would see a nice bounce off of here, likely sending us back above the midline to hold onto this uptrend! Like i said before we always have to be mindful of BTC and what Bitcoin is doing because as you guys know if BTC takes a little fall the rest of the market for a majority follows, same thing if we see BTC dominance push higher we could also see the altcoins bleed a bit, but if we see BTC.D fall we can expect altcoins to start to breakout! Not financial advice just my opinion!!
LINK ready Link is looking good, ready to take off. Good iHnS printed on the daily timeframe. Target 36.30 by the end of October. SL at 23. It is now trading above the 50 day VWMA. However, we may see a retest of the broken neckline at 26, which would be a great buy opportunity. We have just printed a minor wave 1 and now into the minor wave 3 which will explode soon to reach 36.30. We have also printed a small iHnS on the 4h which will push link to 31 soon.
The final target of the minor wave's cycle is 41 dollars. However, i expect link to reach 95 by the beginning of December and 295 by middle January.
FOLLOW ME, SHARE, LIKE AND COMMENT
(CHAINLINK) Growth potential analysisHello everyone !
Today the Black Cat Trader is analyzing LINK on a weekly chart.
What we can see :
- Using the « trend-based Fib Extension » on the last four impulsive waves, we can see that each ATH tops at minimum into the « 1.618 fib extension » (during the waves 2 and 3, prices top at level « 3.618 »)
- Using the pitchfork, we can identify a strong resistance located on the intermediary upper line (white) where prices could top and be rejected if Link continues to rise like it does since 2017. Then we can identify a strong support on the lower line of the PF.
- Using Ichimoku system, we can see that prices are into the Kumo (cloud) and down the Tenkan and the Kijun. Note that the lagging span has been stopped by the Kijun (at the moment). This is actually neither a good or bad situation for Link.. Just neutral
What we can expect :
- If prices manage to leave the Kumo by the upside, and break the Tenkan and Kijun (which are major resistance right now) we can expect prices to reach our target area, represented by the Fib Extensions : « 1.618 to 3.618 » (wait for the lagging span confirmation).
- If Link breaks the Kumo by the downside, then we can suppose prices will take support on the lower line of the pitchfork which represents a strong support.
Major resistances : Kijun weekly + Intermediary lower line of the Pitchfork
Major support : SSB + Lower line of the Pitchfork
Take Profit 1 : Fib Level 1.618 (87$)
Take Profit 2 : Fib Level 2.618 (133$)
Take Profit 3 : Fib Level 3.618 (178$)
IF YOU LIKE THIS POST, FEEL FREE TO LEAVE A LIKE AND FOLLOW THE BLACK CAT TRADER
MAY THE CRYPTO BE WITH YOU GUYS (D.Y.O.R)
CHAINLINKMany are requesting a chainlink chart. Chainlink is approaching a great buy opportunity. It is trading in a bearish pennant, which suggest lower prices are on the way. However, I believe the pattern objective won't be completely exhausted, and link will touch 20 to resume then the bull run with solid momentum. 20 dollars is a strong support area, as it is a crucial lower high from February, flipping of resistance back in July. It is also where the diagonal support is created by linking together the low of waves 2 and 4. It is where the 0,618 retracements of the last rally are sitting, which is also the target for the retracement of wave 1 of the new bull run. It is beautiful. after this last week/10 days of weakness, LINK will climb up to break the descending wedge and reach 35 to complete the continuation inverse HnS. The indicators are starting to look great, with the RSI and Stoch RSI daily approaching the oversold area. The first target then will be 56. However, as a final target for this bull run, I have 297.
I hope you understand everything in the chart. If you need any clarification, just comment below.
Chainlink about to pump!Good Morning crypto fam :)
Today we take a look at LINK/BTC. As you can see in the chart, we are running slowly to the deciscion at the end of the year. In the next weeks we will now the route for 2022.
As of this moment we could see altcoins outperform Bitcoin and rise against the king.
I buy some Link just for the cause, i miss the pump.
A good long term project with an amazing community behind it.
Thanks for reading :)
Have an awesome day
LINK/USDT SHORT 9% IDEAHello crypto folks!
If we not breakout above 29.94$ – 30.61$ its more likely that we see a little retracement. First level to gain as support is arround 28.21$ and this is our first profit target for this short idea. The range for short selling: 29.20$ – 29.80$.
This trade is more like a hedge because we have still some longs from 24.50$ and looking for more new fills at 27$ and 26.40$. This level is also our last take profit area for this short idea.
LINK - will the drop continue 🤔❓LINK has been in the global range for about a month now. The price is now in the middle of this range near the support level of $24.8. If the Link continues to squeezing this level, the price is likely to break through it and the next target will be the bottom of the global range.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Chainlink - is going to break through this level😧😧Chainlink, like all other cryptocurrencies, has corrected. It has fallen 20% from its high. The price is now squeezing to the $24.9 level. If Link breaks through this level and tests it as resistance, it would be a good selling opportunity. Only in this case, you should sell, not right now!!!
Be careful, there is a lot of uncertainty in the market right now.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
LINK/USDT - midterm investment idea - 130% +Hello, Traders!
The LINK price corrected part of the fall from May 10 and stopped near the resistance level of $28.25
An asset with strong fundamentals, an active team, and a strong market maker.
Looking for mid-to-long term buying is possible with a correction in two ranges:
The first part of the position should be gained in a range of $22.08 - $25.46
The second part of the position must be in the range of $17.33 - $19.70
Stop Loss is to be set when it will go under $15.00
In case of growth it is also possible to fix profit in parts, in the range of $34.00 - $36.35;
$44,00 - $46,50;
$50,00 - $53,00;
The ratio of risk to profit on the current trade above 4.00 👍
P.S This is an educational analysis that shall not be considered a financial advice
STOP Chasing (Do This Instead)Okay okay let's see here, it's a common mistake yet I see it all the time.
You keep chasing the damn top..
...why?
It's so strange and c'mon dont lie you know you have made that mistake in the past (or today).
And yes I'll be honest I have also made this mistake many times in the past but i'm telling you STOP you need to take control of this emotional spasm right now.
FOMO, chasing, whatever you want to call it (doesn't really matter) will cause so much distress for you if you keep pushing on that wall.
So check out this chart of link.
I've put down what I think will happen over the next couple of weeks, will it happen? No idea and I dont care (but that is a story for another time).
Again look at the chart, am I chasing the top?...
...or am I entering on a pullback?
LINKUSD Similar pointsSimilar falling wedges
Making the assumption of the same %increase the price nearly hits $100 !
Falling wedges are a very bullish pattern
Chainlink Long!Chainlink has had a weekly Change of trend to bullish. We can likely expect price action to gravitate to the above imbalance around the $37 region. It would be healthy if price action had a pullback to fill the Imb and mitigate $17 to $22 of region. I personally accumulated more around the $15 price mark as I think long term with the chainlink ecosystem growing this project will be massive. Trades safe and consistent! Do not buy on FOMO!
LINK READY TO EXPLODE!!!Chainlink has been showing tons of strength recently outperforming tons of projects and we have taken out some key levels that we're very needed, before we jump into this always remember BTC is a huge factor when it comes to the rest of the market and can easily void this TA. First looking at the pivot points as you can see we have sliced right through R1 resistance and the 0.3 FIB level, a close above both of these levels would be absolutely key for us and would give a lot of momentum to the bulls. Next looking at the SMA's, we have crossed a very very important level which is the purple 200 day SMA which is the most powerful and slowest mover, a close above here will add to all this bullish momentum and we will no longer have any SMA resistance and they will all be support levels which is key for our overall structure and for cushions when we start to run up hard. Now the bollinger bands are looking super bullish we notice our current price action is hugging the top band and if we see this continue you guys know what the likely outcome is... a huge run up most likely to that 0.5 FIB level, also the higher we push on the bollinger bands the higher our midline support level will become, a very key and ideal situation would be for our midline to come up all the way above the 100 day SMA, 200 day SMA,R1 resistance and finally the 0.3 FIB level, this will be key due to the fact that the bollinger band midline will be another cushion of support for us, and i don't think this is far off because of how grouped together all these key levels are. Overall what im looking for here is a close above the r1 resistance, 200 day SMA and the 0.3 FIB, if all of these confirm close above we are looking extremely bullish, also watching those bollinger bands and the run up on that top band. Not financial advice just my opinion!