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.
Chainlinkusdt
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$)
Take Profit 3 : Fib Level 3.618 (178$)
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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 $32.
What do you think?
Share your opinion in the comment section✍️
Follow me to receive more updates on CHAINLINK (LINKUSDT) 🤗
Happy Trading💰🥳🤗
How I see LINK ProgressingBirthed with open MA's (layered 50,100,200)
This is the most bullish state these simple MA's can be in
I see LINK staying like this, creating a steep price path
I used another chart on the right for a comparison
This is a very very bullish price nature
Chainlink Link/usdt shortCrypto market has been rising for 11/12 days without taking a break,so it is likely a small pullback before rising again.The price got rejected by EMA200, RSI is almost at oversold area and the price is at the top of the bollinger bands.It is possible to set a short position with a entry near the top of the wicks of the last 3 daily candles and a stop loss above EMA200 that is acting as a resistance.
Chainlink: several bullish patterns Hi Traders,
Start by pressing like.
We are looking at the 1 hour chart of LINK/USDT.
13$ served as a good support level.
Chainlink's largest event of the year is scheduled to run from august 5th to august 7th.
Good news could push the price to $25, $28 and $30 range.
On the other side, the (potential) good news could already be priced in.
MAC-D indicator: waiting for a trigger which will likely happen. It could be a good gamble to buy chainlink.
Also, the price range around $50 is still "fresh" in the minds of the masses. A breakout of BTC en ETH could trigger chainlink (retail) investors pushing the price back to the $50 range. However, let's be aware of recency bias.
Leave a comment en press the like button if you haven't done already.
Have a good one.
[UPDATE LINK] CHAINLINK 130-180$ for the last wave. 100% !!!WIth this analysis I applied:
1) ELLIOT WAVES
2) Fibonacci trendline extension
3) Lengthening theory
Why am I sure Link is going to go up (together with other strong tokens)? For the following 3 reasons:
1) BOLLINGER BANDS: Bollinger band indicator on the weekly flashed green
2) BULLBEAR TREND: Bullbear trend is still strong and will flash BUY soon
3) TRACK RECORDS: LNK has dropped 80% in this wave and in the past ones.
My prediction price is between 130$ and 180$ for mid 2022.
LINK Falling wedge. Breakout?Link is currently within a falling wedge on the 4Hr chart
With a possible breakout currently occurring
Interesting curved patterns repeating down the falling wedge (in blue)
Chain link Falling Wedge Idea within a formidable channelWe can see that chain link has been inside of a rising channel from the beginning of it being listed. This being the solid asset it is, it reminds me of the movements the SPY or DJI mimic on the charts.
As we can see in this chart, not only has Link broken out of the falling wedge but, is also at the bottom of the multi year channel. I have listed the trade set up prices on the chart so we may be able to easily see them. I do see this coin going higher and touching the top of the channel or possibly breaking the top once the euphoria kicks back in however, we need to assure Bitcoin stays far out of the “fackery zone” with the obvious manipulations that has ascended upon us.
Have a green week folks!
LINKUSD End of ParabolaLINK has reached the end of a parabola
I believe LINK will continue on a formation similar to bitcoins early days
I will continue investigation and relationship to BTC next to confirm this above statement
LINKUSD - $170An idea for LINK suggesting the extension to Fib line (2) from the current drop, this extension reaches to $170
Similarities can be seen in yellow also
CHAINLINK BOUNCING OFF CHANNEL SUPPORT, RETEST CHANNEL TOP @$20?CHAINLINK (LINKUSDT) is bouncing off of channel trendline support. This is the first test of the trendline support. If price reacts similarly to how price reacted when it tested channel trendline resistance, then price might go up to trendline resistance at $20. If price breaks trendline support @ $17, then price can quickly fall down to horizontal support @ $15.
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Chanlink Ultimate retracement to 11.91$Hello Everyone !
Chainlink is at the end of an ABC in zig zig... Link had already created a triple bottom at 15$.. but the ultimate retracement for this C wave is 11.90$ if 15$ doesn't hold. Thanks and have a great day !
LINK is out and ready for riseLink in USDT pair 4 hour chart shows promising break out of descending triangle and may be ready to gain. MACD produced desirable entry signal while STOCH is a bit about pulling back to trendline, although the lower boundary of Ichimoku cloud may work as support and hold the price. With a stable market Chainlink may experience the lower high at 0.236 FIBO (23.048 usdt) easily.
Trade Safe ...
Chainlink Expansion Move AnalysisWould really like Chianlink to play out this way. Goes up a couple 100 - 1000% and then pulls back 67% which it has done so after the most recent crash. Been respecting the trendline for a year and a half. Next run to $100 which is a psychological price level, could yield a nice 500% return. But I would wait a bit before getting in, and monitor BTC price action to establish an unbiased bullish sentiment.
