Will LINK follow ETH? Highly probable .. Hi,
We are looking at the 1 day chart of ETH/USDT, LINK/USDT and BTC/USDT.
ETH is getting quit some attention these days. For example:
JP Morgan analyst: 3 reasons why ETH is outperforming ..
cryptopotato.com
Will ETH overtake BTW ..
www.inverse.com
Three new gold colour shining ETH ETF's ..
financialpost.com
It seems as if the world is waking up to the potential of Ethereum. Wait until they come to understand Chainlink ..
For the chart analysis: it seems as if in Chainlink is following Ethereum really closely (except in august 2020 where it outperformed ETH). If this trend continues, we could see a 30% rise of Chainlink in the coming weeks. Which could mean a price of nearly $50
This was my part of mambo jumbo. Happy gambling!
This is not financial advice, I am not a financial advisor.
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Leave a comment in the comment section below!
Chainlinkusdt
LINK/USDT - potential 45% setup Hello, traders!
LINK corrected more than 61% of the upward movement, which began on March 24.
The selling pressure on the market continues, due to the lack of purchases on the market.
The next Fibonacci retracement level is 0.786 ($28.04). MA100 on the daily timeframe is close to this level. Buying interest can be expected near this level and the MA100.
If the price has tested the MA100 and rallied, we might look for an entry in purchases. In case the price falls below the level of $28.04, it is better to stay away from buying.
Entry into the position may be considered in the range of $28.04 - $30.10.
Stop-loss can be placed under $26.00.
Target price levels will be
$34.33
$39,00
$44,00
Good luck and watch out for the market!
P.S. This is an educational analysis that shall not be considered as financial advice
ChainLink $LINKUSD Long Term Target PTs 70-150 and higherLINK/USDT
The bulls have propelled Chainlink (LINK) above the $36.93 overhead resistance today, indicating the resumption of the uptrend. If the bulls can sustain the price above $36.93, the altcoin could continue its march toward $50.
The 20-day EMA ($32) has turned up and the RSI has risen above 65, suggesting the bulls are back in the driver’s seat.
However, if the bulls fail to sustain the price above the $36.93 level, then it will indicate aggressive selling by the bears at higher levels. That could result in a drop to the 20-day EMA. A strong rebound off this level will suggest the sentiment remains positive.
Conversely, if the bears sink the LINK/USDT pair below the 20-day EMA, it will suggest that the current breakout was a bull trap.
LINKUSDT On The Edge!! BreakOut ?Dear Friends ,
I would love to share what I found in my charts for LINK . I see a far too familiar trend on TA where we are near edge of breakout for ChainLink at this point. If I am wrong we break downwards, and I will admit it!
Higher-Highs on 1H, 4H charts.
Late March LINK had been in the mud, which it recovered and began steady journey.
We are at the Squeeze stage , since couple days. Tightening price action!
First target to overcome resistance near $35-$36 . My final target at $39 range . I am bullish on LINKUSDT TA.
All my EMA targets hit during last downward corrections completed.
What more can I say, 🤷♀️ DYOR !
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Share your thoughts !
Link Buy break of recent ATH!LINKUSDT - Intraday - We look to Buy a break of 38.08 (stop at 36.68)
Daily signals are bullish.
Price action resulted in a new all-time high at 37.98.
A break of 38.00 is needed to confirm follow through bullish momentum. W
e look for gains to be extended today.
The early dip was bought into.
Our outlook is bullish.
Our profit targets will be 42.88 and 44.68
Resistance: 38.00 / 40.00 / 42.00
Support: 37.00 / 35.00 / 33.00
LINKUSDT 4h can seek such price projections.Technical analysis regarding the price of CHAINLINK in relation of dollar Tether for the next scenarios, based on 4 hour movement.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
LINK: CUP AND HANDLE confirmed, FALLING WEDGE formingHello Traders,
We are looking at the 1 hour chart of Chainlink.
As we can see, a cup and handle formation has formed which is considered a bullish signal.
Furthermore, also a falling wedge is forming / has formed.
Wedge patterns have a tendency to break in the opposite direction from the trend lines.
Which makes this signal a: bullish/bearish
b]leave your answer in the comment section!
This is not financial advice, I am not a financial advisor.
Click the like button and more ideas will follow.
Thanks.
Link looking for a key daily close!Currently we are sitting above our 0.3 FIB level and i'm watching for a daily close above it. We are looking very bullish In my opinion, the stoch rsi is looking great we flipped bullish and are coming out of oversold areas! RSI aswell coming up and im looking for a cross of the 50 mark indicating a uptrend! The market for the most part is following BTC and that is very key right now also. Not financial advice just my opinion
Link Looking to rebound after closing daily on 0.2 FIBWe just closed todays candle on/above the 0.2 FIB and are currently sitting above it looking for a bit of a rebound, The stoch rsi is starting too bottom our in oversold and looks like we could be seeing a switch to bullish soon. our EMA ribbons have been pushing down a little bit obviously due to recent price action around the market, it doesn't look like we are seeing a twist at all just some downward movement. The Coppock Curve is getting real close to the bottom, indicating potentially some recovery soon. Bitcoin will move the market / altcoins so always keep an eye on BTC. NFA just my opinion.
💡Don't miss the great buy opportunity in LINKUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (28.18).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. LINKUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 56.
Take Profits:
TP1= @ 31.86
TP2= @ 34.25
TP3= @ 37. 05
TP4= @ 41.00
TP5= @ 45.00
SL= Break below S2
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💡Don't miss the great buy opportunity in LINKUSDTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (28.18).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. LINKUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 56.
Take Profits:
TP1= @ 31.86
TP2= @ 34.25
TP3= @ 37. 05
TP4= @ 41.00
TP5= @ 45.00
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Link trying to hold supportRight now Link is looking to hold the support its currently at, aswell as come back up into the ascending channel. If we can get a daily close above our support we are currently sitting at would give link the chance to climb back up into our ascending channel and ultimately higher in price, however, if we see a close below this support i can expect us to have a bit of a drop tomorrow again and possibly at most see that 12% drop. Going to be interesting as our stoch rsi is shooting straight down into the oversold zone. The ichimoku cloud has begun to really shrink and we could see it flip to bearish. EMA ribbons are going sideways as of right now but aren't showing any signs of twisting to bearish. Watch for the daily close as it can indicate a lot. Not financial advice just my opinion