LINK Fib ChannelIdea for LINK
Showing multiple touches on critical fib lines
I expect a retrace to the black dotted line following the recent touch of the fib level
From there bullishness continues
Chainlinkusdt
LINK moving as we thoughtChainlink setting higher highs and lows. Touched golden pocket and is continuing the move I predicted.
It has now retested the .5 FIB level, psychological $30 level and 21MA. I can see this move continuing especially since the 21MA broke above 100MA.
Last time this happened on the 4H was at $12. LINK made a 200% move towards $36. If this repeats we could easily see our target of $45 reached.
Chainlink midtermIm bullish on chainlink . Green zone is a great support zone for this currency . First and second red zone available (specially first one)
Link pushing to break resistanceLink is on the push to break overhead resistance level, i think we will if not the first try maybe 2nd or 3rd consecutive try. We got the EMA ribbons pointing up with bullish momentum and ichimoku cloud ahead is big support and the Stoch RSI still has a little to go before being Over Bought, also we are trading above our middle line in the ascending channel as of right now. We will need to flip both overhead resistance levels to support to reach our ATH levels and beyond
LINK usdt - Tight resistancesAs we can see when there is a significant rise in Chainlink there is always a pullback.
The current candle is struggling to break the 1 & 4 hour resistance.
EMA is good - trading has flatlined.
Will we see a pullback?
Link ascending channelWe have been moving slightly up and down but mostly sideways with lots of accumulation going on, looks like Link is charging up for that next leg up. Ichimoku cloud printing support going upwards and Stoch Rsi was recently in oversold areas, we want to see link continue to follow our ascending channel which would eventually bring us upto ATH levels where we would need to break through to continue going up. We will want to watch out for a break down out of the ascending channel, if that happens i believe we would fall to our closest support (marked in green) NFA just my personal opinion!!
The end of wave 4 with Expanded Flat patternIn the daily chart, the 4th wave from the sub-waves of 3rd wave has ended in the range of $ 21, and the uptrend has started. The initial target for wave iii is around $ 55. In addition, the main target is heading toward the range of $ 80.
LINK FIB levelslink looking strong still we bounced off the 0.3 FIB Level perfectly and want to see this hold, if we can hold i can see us push to break the 0.5 FIB once again. Keep your eyes peeled because if we breakdown past the 0.3 FIB i believe we are bound to fall down to the 0.2 FIB, Ichimoku cloud still creating some upside support and the EMA ribbons pointing sideways but still bullish. Im not a financial advisor and this is all my personal opinion
LINK Bullish View - ContinuationThis recent wick extension has made LINK look appealing to me (within rectangle)
This rising Megaphone will likely continue, ( orange line of resistance will stay intact)
Continuation will result; bullish
A smart man once told me "don't invest in projects you don't understand"
Hence I am going to sit out of this opportunity
TA regardless looks bullish
LINK usdt - Fall out of current formationFalling EMA, lower trading volimes.
Falling support and resistance levels.
Falling Support levels,
Link usdt - to break out of formation to the $30 area?But EMA is still on down. Good trading volumes though.
LINK Areas Of InterestOverall clear bullish trend
Showing areas of resistance and support (red ovals resistance, green ones support)
Having fun using these fib circles, a lot of information can be drawn from them
Great buy at these levels
LINK Chainlink long to 40$ in intermediate W3 and 60$ in Main W5Hi everyone,
sorry if this chart look like a mess!
You need to keep in mind that this Elliott Wave scenario is without a doubt realistic for Chainlink . Main wave 3 can make an extension to 66$, it's something possible, but it's always better to place your strategy inside a reaslistic scenario and take some profit on the most probable fibs... don't try to catch the ultimate top cos you can get smashed at top. Most probable targets of Wave 3 are 161.8%, 261.8 and 361.8%, try to take some profit on everyone.
ChainLink is an awesome project, one of the strongest in the crypt industry but keep in mind that ChainLink supply is at 407 009 556 LINK and will be 1 000 000 000 (inflationay) LINK (total).. which mean that ChainLink would not be a longterm play for me like another deflationary asset that have almost the same or stronger fundamentals but with much less supply like Elrond - EGLDUSD Egold... which will be at 21 000 000 EGLD like the Bitcoin.
If you have any question(s) or would like to contact me in private, don't be shy.. i will do my best to help you !
Have a wonderful sunday!
Crypto Mercy !
LINK going towards 100$Expecting a touch on the long term trend channel in the following weeks
Not financial advice
ChainLink Short Signal- Correction back down to $15.00 after a bullish month? Volume is low, lots of previous support building.
- RSI is right under the oversold signal, kind of stagnant.
#CHAINLINK #LINK #WEEKLYHi guys..its the latest analyze chart of LINKUSDT in weekly time frame .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
if u like it press like-comment and folow me.thx
Price rising and continuing its upward macro trend at LINKUSDT Technical analysis regarding the price of CHAINLINK in relation of dollar Tether for the next scenarios, based on 4 hour movement.
Price forming rising tops/bottoms ~upward trend~ and has been respecting this channel. So far there has been no disagreement with the MACD, if any, even better to confirm this bullish leg.
Exponential Moving Averages taking parallel spacing and that of 34 periods guiding the price.
Target prices suggested in the graph.
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. ***
CHAINLINK LINKUSDT SUPPORTit could bounce on the support of the rising channel which is also on the 23.6% fib. straight up to the fib expansion level of 161.8%. sweet
Target projection for the next scenarios in LINKUSDT 1HTechnical analysis regarding the price of CHAINLINK in relation of dollar Tether for the next scenarios, based on 1 hour movement.
The price has been moving, forming rising tops/bottoms. However, it arrived in that region where it accumulated.
I believe that by breaking this region of resistance that we find, the price will seek the projected targets.
disclaimer
*** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
This Can Be Really Bad For Chainlink (Link) HoldersHey friends, hope you are well and welcome to the new update Chainlink token.
Different support and resistance levels:
On the daily chart, the priceline of Link token is breaking out the different resistance levels and after breaking out re-testing the previous resistance levels as support before the next rally. Now the price action of Chainlink has found the highest resistance at $25. There are also simple moving averages with the time period of 25, 50 and, 200 with different support levels.
An up-channel and EMAs:
The price line of the Chainlink token is also moving in an up-channel and after getting rejected it is at the support of this channel. At the same time, it is also re-testing the exponential moving averages with the time period of 10 and 21 as support.
Long-term up-channel:
On the long-term weekly chart, the priceline of Link has formed a bigger up-channel and it is likely to be rejected by the resistance of this channel at the moment. Therefore in long-term we can expect a rally to the downside to re-test the support of this channel.
Conclusion:
In the short-term we can expect a move to the upside as the price action is at the support of an up-channel but in the long-term, a rally to the downside is more likely to be expected because the price action has been rejected by the resistance of a channel on the weekly chart.
