LINKUSD Head and Shoulders ScenarioA bearish scenario for LINKUSD, identifying the head and shoulders pattern that can be drawn on this chart.
The bars pattern placed is very speculative
Long term I really think LINKUSD will increase. This is more of a short term scenario.
This is the opposing scenario, in which LINKUSD recovers easily
Both share a common uptrend. The trendline up is the point of interest in both posts.
Chainlinkusdt
link on the risky placewe have channel break out and after that we have a nice fibonacci support and also a trend line
LINKUSD May Recover EasilyPrice is sitting above the Triangle
This may lead to a bull move as suggested by the double curve
Easy continuation up from where it is now
LINK - when you plan to explode?Chainlink is current No. 15 coin by market cap (around 15 bil. $). For comparison: DOGE 35 bil.; XRP 55 bil.; ADA 67 bil. $
Everyone knows how strong LINK is and I don't see any scenario where it will stay on 15 billion $ M. Cap! It is just so dam low.
Another great simple indicator for crypto I love is YTD % on Coin Market Cap. LINK is at 180% while BNB is 1600%, SOL is 12615%, LUNA is 7645% etc. up to today.
Now if we get back to chart:
main resistance is around 35.5$, and once it's conquered I expect 50+$ region in no time.
For short term situation I will monitor 21 D MA (black line) and in case of dump, my orders are ready around 200 D MA (and anchored VWAP - blue line) around 27$.
When it come to targets, I will start slowly decrease my position above 70$ region, while main target is pure guess right now and I will put it at 3.618 fib. extension around 160$ (365% gain).
If you like analysis please consider leave a like or comment! Thanks :)
Chainlink is good for longIt is seeming good for long Trade
Try to accumulate some it will give you huge returns in this month
Make sure you have some portion of link coin in your portfolio it can give 40% profits at the end of this month
Huge Opportunity on LINK 🚀We are creating higher lows very very nicely for more than a month, Massive Bullish Setup.
There is a major resistance at $36 on Chainlink, if we managed to break it successfully you must enter in a long as we will be hitting ATH from here.
The projected move from the breakout would be around 57 and if we break ATH then the parabolic movement won't stop at all.
Going to New ATH For Chainlink ...Link :: A future token with a fantastic ecosystem in the digital currency market ::
1 - ichimoku cloud support
2 - head and shoulder
3 - up trend channel
4 - breaking resistance
5 - and go to new ath ...
* this is a my idea ... no a signal for sale ...
PLEASE FOLLOW ME ...
LINK - Before Breakout Hello Folks,
A LINK analysis for you.
1. In an Ascending Triangle, approaching breakout.
2. Fractal from former recovery & price discovery combination displaying potential price action.
3. Fibonacci levels to give you an idea about potential targets.
Enjoy & trade,
Goraxes
LINKUSDT downward trend is over, Nov 2Chainlink downward trend is over
It's better to buy after it breaks $32 static resistance level if you want to.
A pullback might happen or might not anyway I expect it another Higher High to happen.
There are three resistances on the way, $52 level is the most important one.
LINK is Super Bullish! (Ready to recover)After a long drop from $52 to $13 a few months ago, LINK's recovery is finally looking promising as it begins to ascend within the upward channel. Expect LINK to have micro pull-backs as it marks up, but I believe we can expect it to mark up in the short term and over the next coming months. This is not trading advice and yes I do HODL Link.
Please do not risk what you can't afford to lose. Happy trading!
Chainlink UptrendChainlink price has been suffering for after May 19 crash and has stayed under a critical barrier because then. However, LINK is turning around as it coils as much as grapple with this hurdle and cause a new upswing.
Chainlink analysisChainlink price could create one of the most sought-after bullish entry setups in Point and Figure analysis: the Bullish Catapult. However, buyers must keep Chainlink above a certain price threshold, or the pattern will be invalidated
Chainlink price has been hovering below a crucial resistance level at $28.20 for the past two weeks.
A decisive close above this barrier will likely propel LINK up by 55% to $41
LINK/USDTon the 1 day view LINK broke triangle on a way up ..there is potencial aproximetly 38% ..S/R are on Fib scale .cheers
(CHAINLINK) Growth potential analysisHello everyone !
Today the Black Cat Trader is analyzing LINK on a weekly chart.
What we can see :
- Using the « trend-based Fib Extension » on the last four impulsive waves, we can see that each ATH tops at minimum into the « 1.618 fib extension » (during the waves 2 and 3, prices top at level « 3.618 »)
- Using the pitchfork, we can identify a strong resistance located on the intermediary upper line (white) where prices could top and be rejected if Link continues to rise like it does since 2017. Then we can identify a strong support on the lower line of the PF.
- Using Ichimoku system, we can see that prices are into the Kumo (cloud) and down the Tenkan and the Kijun. Note that the lagging span has been stopped by the Kijun (at the moment). This is actually neither a good or bad situation for Link.. Just neutral
What we can expect :
- If prices manage to leave the Kumo by the upside, and break the Tenkan and Kijun (which are major resistance right now) we can expect prices to reach our target area, represented by the Fib Extensions : « 1.618 to 3.618 » (wait for the lagging span confirmation).
- If Link breaks the Kumo by the downside, then we can suppose prices will take support on the lower line of the pitchfork which represents a strong support.
Major resistances : Kijun weekly + Intermediary lower line of the Pitchfork
Major support : SSB + Lower line of the Pitchfork
Take Profit 1 : Fib Level 1.618 (87$)
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)
LINK inside a falling wedge#LINKUSDT
$LINK is trading inside a falling wedge, that is a bullish pattern. I think it is possible to touch the lower line of wedge around the daily support zone then break out from wedge. but it is not out of mind that break out in this swing high. keep eye on it, after the break out #LIKN price can increase as high as the blue line.
🔗$Link Big Move Up Soon!?Chainlink ($LINK) is suspected to make a big move upward soon supported by another beautiful cup and handle formation on the daily.
A Golden cross is also occurring and the fact that the MACD shows bright pink histograms signaling a decrease in selling momentum
, which confirms a significant move upward is on the horizon. Conservative Breakout target $52.94
Are you ready #LinkMarines?
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 to $150 #LINK #LINKBTCHello my dear padawans,
I just tried to find out patterns, trendslines, supports and resistance in LinkBTC pair.
I think Link will pump at least to 0.0014BTC level asap.
Let's see what's gonna happen.
May the force be with you.
Cheers
LINK 5X INCOMING!Elliot waves;
1. 5 impulse waves done.
2. 3 Corrective wave, making wave B a bulltrap and creating a new ATH (2021May).
3. For trading strategy, I expect there will be a small correction in October to create a higher low(smart money entrance) before straight to the moon.
Fib extension:
1. Third impulse wave ATH 2020 = Fib 4.6
2. Bull trap wave B touching upper channel creating ATH 2021 = Fib 2.6
3. Next impulse wave Fib 2.6 intersect with upper channel will be a good TP at ($130) early 2022?.
MACD shows momentum strongly increased waiting for the ignition of fuel in a rocket propulsion to smashing the atmospheres.
LINK BULL RUN $130 IS BEARISH?
I wanna see what do you think in a comment below.
Happy trading!
💥LINK LIKELY MOVE- TO FALL TO $21 & RISE BY 50% TO $32Please support this idea with a LIKE👍 if you find it useful🥳
We have right here the inverted H & S in play. The left shoulder and the right shoulder has completed it's formation. Once price hit the neckline at $26.4 and fails to break it.
Then, I expect a reverse to $21 to complete the right shoulder. And once price breaks the neckline at $25.50 - $26.40, I expect a rise to $32.
What do you think?
Share your opinion in the comment section✍️
Follow me to receive more updates on CHAINLINK (LINKUSDT) 🤗
Happy Trading💰🥳🤗
How I see LINK ProgressingBirthed with open MA's (layered 50,100,200)
This is the most bullish state these simple MA's can be in
I see LINK staying like this, creating a steep price path
I used another chart on the right for a comparison
This is a very very bullish price nature
Chainlink Link/usdt shortCrypto market has been rising for 11/12 days without taking a break,so it is likely a small pullback before rising again.The price got rejected by EMA200, RSI is almost at oversold area and the price is at the top of the bollinger bands.It is possible to set a short position with a entry near the top of the wicks of the last 3 daily candles and a stop loss above EMA200 that is acting as a resistance.
