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Chainlinkusd

Chainlink ready for $48 according to these specific patterns.Hello all. looking at chainlink on a daily timeframe we have two patterns that are primed to play out in a very short time. first pattern is the ascending triangle which is a bullish pattern. The breakout for this pattern will put link at $48. Second, the cup and handle pattern gives us two possible breakout targets target 1 $40 and target two $48. both ascending triangle and cup and handle patters gives us a price target which also correlates with fib 1.6 level, again at $48. Overall Chainlink remains bullish as it trades in this yellow rising channel, above the 50 EMA, and gets very close to braking out one of these patterns as there is little room left for consolidation. Thanks for reading. Enjoy.
COINBASE:LINKUSD
by EdgarTigranyan
3
LINK 30% move if resistance breakLINK has been holding the 31$ since last idea, which was a point of entry for going long. Now prices are trying to break the resistance area, if not already on the market i would wait and see and look for: 1) A retest of 31$ area to go long on pullback 2) Wait for a break of 37$ and go long on intraday pullback at around 34$ to 35$. For now, if you are already in the market you can look on the break of 37$ in order to target above 47$ as 1st TP. Let's see how it will play out
BINANCE:LINKUSDLong
by Heatrading
1
But what about Chainlink?Sometime in the next 20 days Chainlink will have its big move and start its final leg up to 200 dollars, right now price is coming in a squeeze ,its hard to see if your not looking at it using Gann Fan but its there price needs to pop in a direction and my call is we going up sometime mid November. This trendlline has been holding chainlink up for 105 days but not only that this trend line connects with a massive multi year macro trend line for chainlink take a look : ibb.co Rewards far out way the risks with Chainlink.
Long
by Sporia
11
#LINK Chainlink 1M LOG - Follow the trendChainlink on a 1M LOG Chart showing the high and low on Jan 1 2022 assumption. Circled areas are the touches of the Equilibrium on the Parallel Channel. What are your thoughts? Comment below and hit the like please. Thank you! Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
COINBASE:LINKUSDLong
by MillionaireEconomics
2
LINK Price Could Sink To $20.50 If Chainlink Hits Range High AT LINK price prediction is bullish for the short-term. Chainlink risks a massive drop if a crucial technical pattern plays out. Chainlink is trading at $30.14 with a bullish bias on most crypto exchanges after rising approximately 3% over the last 24 hours. LINK price is up 8.85% over the last seven days and over 36% over the last one month. The oracle token has rallied 117% year-to-date. Can The Upward Trend Continue For LINK Price? Chainlink has rallied approximately 54% from a low of around $22.50 on October 12 to hit a high of about $34.70 on October 26. This rally has spelt out an ascending parallel channel chart pattern on the daily pattern which suggests that LINK price could rise to tag the September 06 range high above $36.4 as indicated in past analyses. However, before reaching this target, Chainlink bulls must ensure that LINK closes the day above the immediate resistance at $32.10 embraced by the middle boundary of the prevailing chart pattern. The sharp movement of the Relative Strength Index (RSI) towards the overbought region, and the position of the Moving Average Convergence Divergence (MACD) indictor above the zero line in the positive region add credence to this optimistic outlook. Investors should, however, be careful as the current rally of the LINK price could be a bull trap that could manifest after the asset tags the range high above $36. This may trigger the formation of double-top chart pattern, a significantly bearish chart pattern that could see Chainlink price drop massively towards the lower boundary of the rising channel around $20.50. On the positive side, technical indicators on the daily chart show that LINK might not drop that much as it might find robust support around the $29.081 and $28.99 zones. Further down, Chainlink sits on strong support provided by the 200-, 50- and 100-day Simple Moving Averages (SMAs) at $27.39, $26.93, and $26.03 respectively. In a nutshell, LINK price may continue to rally but investors should be on the lookout whether the double-top pattern plays out or not.
BINANCE:LINKUSDLong
by CoinGape
2
Chainlink Swing Trade Along MacBy identifying swing highs and swing lows, we can identify the appropriate targets. Chainlink has targets at: - $36 - $44 - $53 Using these targets and identifying the levels of support and resistance in conjunction, we can identify accumulation zones. Chainlink accumulation this cycle assuming bullish top: - $24 - $31.5 Currently, Chainlink is above the accumulation zone, but still under Target 1 and I believe a solid position to buy if below $35, just not a maximized gain. Chainlink is in a great position right now to surpass target one and make a run to test target 2. The MACD has crossed paths along with neutral buying accumulation in midway, so looking back in history we could be expecting bullish momentum until another cross along the accumulation peak or MACD. Best case scenario: - hits target 2 and target 1 becomes support in preparation for the final top of the bull cycle - sky is the limit by then Worst case scenario: - rests in accumulation zone Be wary of: - Bitcoin swings - Panic and emotion selling Note: - Chainlink is the turtle, not the bunny - Slow and steady wins the race...!
COINBASE:LINKUSDLong
by jaejayy
CHAINLINK ROAD TO 150$ , 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
COINBASE:LINKUSDLong
by tHeTurTleFX
2