Link goes short Hello trenders,
Today we be checking on Link path to correction.
Framed in the channel shows a correction to 35 USD with a mini-support level
What to watch for to confirm is the bull flag breakout on the low side, that is our entry.
MMM (Make Motherf.ckin Money)
Invest your money wisely, be patient.
Linkanalysis
LINK 1D Ready to grow up to $50 ?A month has passed since the publication of our previous idea of the LINKUSDT pair
Our goal for growth in the previous idea was beautiful $44.44, maximum on cryptoexchange, no less beautiful $44.33
It's time to refresh your thoughts.
The $32.70 level, which in the previous idea we called critical for the continued growth of the Chainlink token, now serves as a support function. And it looks like he is doing his job good.
If in the coming days the LINKUSD price does not consolidate below this level, then we can expect continued growth to $49.80
If LINK buyers lose control of the $32.70 level, then we can expect a continuation of the fall: first to $24.35 , and ultimately to $20 , where the maximum was previously recorded on the chart.
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Link, ChainLink - chance to take 25% profit☄️ Look how...Coin touched a resistance line 3 times. Now price makes a wonderful squeezing. I'll enter after the breakout. Don't forget to set stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Link ready to keep pushing up!!Chainlink has been following alongside the market mostly ETH and BTC and we had a bit of a correction but we looked primed and ready for a big upswing! We are currently looking to break the 0.3 FIB Level and it would be ideal for us to get a nice close above it tonight! Our zero lag MACD seems like we are about to see a confirmed reversal! our red MA is reversing and now coming back up and i am looking for our blue and orange to get that confirmed flip to bullish! We had a slight downtrend dip on our RSI and we are currently looking to break that 50. point to get the confirmed uptrend! I think LINK is a very solid hold for sure and i believe we are going to see strong upwards movement soon, remember almost every coin is following ETH and BTC so gauge those aswell! NFA just my opinion!
Chainlink Bull Flag!Link has recently exploded up creating a new ATH and now forming a bull flag. I believe we are only at the start of altseason and there is going to be many more explosive moves to come! We have regained our long term ascending channel to continuing our push up, the EMA ribbons we're getting pressed and condensed recently but are now starting to really open up showing we have lots of bullish momentum! The RSI was slightly overbought but now is coming back down into our neutral zone due to the past 3 days of slightly down sideways action. Last our zero lag MACD has reversed bullish and i expect us to see some upwards movement today or tomorrow! We have a good chance of pushing right through that ATH and into price discovery mode, the ATH resistance is already fairly weak and already has been tested twice! NFA just my opinion
LINK looking for new ATH this week!!!Chainlink has been seeing some very nice movements up the FIB retracement, we currently are sitting in the 0.7 FIB level (1 away from our ATH). Also we are regaining the longer term ascending channel, If we see a daily close for Link above this 0.7 FIB i could see us really take off to test the ATH and ultimately create a new one and enter price discovery! Even if we get dragged below the 0.7 for tonights close I would still have the same opinion just on a little longer timeframe, Altcoin season is just starting! Our Ichimoku cloud has changed and is starting to print some green support. The Zero Lag Macd has crossed bearish but could still reverse, i think if we did see any downwards movement itll be for a day which could be seen as a healthy pullback. NFA just my opinion!
LINK Wedge breakout!!!Link has been showing lots of strength running alongside ETH! We are currently trying to regain the 0.6 FIB level for the daily close tonight and then in the coming days go for that 0.7 level! Also once the 0.7 FIB level is broken we will be reentering the ascending channel. Our MACD looks very bullish showing lots of separation and upwards trend. The RSI is coming down slightly due to price action but we still remain in the uptrend territory and i believe this is just a little cool off! The Rate of Change indicator is very similar to the RSI and confirms we are still in a uptrend and on the ROC we are a greater distance away from that mid line! I think this coming week we could very well see a new ATH for Link we saw ETH recently create a new ATH! NFA just my opinion
Link targets $40 by the end of the monthThe chart suggests that link may need to undergo a minor correction towards the $25 - $26 mark within the pennant. Thereafter the coin may look to $40 - $41 or possibly much higher if altcoin season starts to cause large inflows into the lower market cap coins.
The problem with coins like Link is that they can bounce really high very unexpectedly due to the fact that they have a relatively small market cap which allows it to double in 2-4 days. Its unlikely to see that happen in BTC with its current market cap.
I don't fully understand the technology behind Link, however, i understand enough to know that it has a big future due to its utility.
Long-term price prediction for Link?
I have no idea but i don't think that its unreasonable to expect a 4X - 6x rise in price and hopefully a lot more within the next 12 -18 months.
I own Link in my speculative portfolio (one of the smaller positions) and i intend on holding it for a long period of time. Its not the price that matters, its the potential utility.
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Please note that cryptocurrencies are speculative assets which carry a very high degree of risk and any speculation in such assets can result in a complete loss of capital. This idea is shared for educational purposes only and should not result in speculative decisions in any digital asset.
Looking for LINK to breakout!For half a month now link has been trading mostly sideways creating a wedge, we are currently looking good sitting above our 0.3 FIB level and approaching the apex of our wedge. I think links time is coming i believe we will see a big breakout of the wedge to start the journey back up. Our MACD has crossed bullish and doesn't look like we are going to see a reversal as of now. We also want to watch our RSI and it crossing the 50. point line signaling a clear uptrend! we are currently sitting just below this point. The Stoch RSI is looking great we are bullish and only sitting in the middle of the neutral area. I see a lot a people getting upset that link isn't moving much but all you have to do is look at its full chart to realize its one of the most steady growing, also look at the future aspect and realize long term what they are actually doing and providing technology wise, Its truly amazing! NFA just my opinion!
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.
LINK big moves coming soonLink has been consolidating for some time now but has a habit of having huge breakouts even when the market is shaky, we are approaching the apex to our ascending wedge. Currently trading below our ascending channel after breaking through the 0.5 FIB level. the bollinger bands are really coming together and squeezing the candles hinting at a big move in the near future. I think tomorrow we could see a little more downside but i believe we are going to bounce off the bottom of our ascending wedge also the 0.3 FIB and come back up into the ascending channel. I say this also because the Stoch RSI is getting close to the oversold zone. I see us after that then going to break the top of the wedge and continue on the path of our channel. NFA just my opinion, also keep in mind BTC is a big factor for everything right now.
Looking for Link to hold support and continue upLinks had a good few recent attempts at breaking the 0.6 FIB level and currently we're trying to hold the 0.5 FIB + Ascending channel. Our Ichimoku cloud has turned bearish but it is actually pointing up, potential could reverse. The EMA ribbons are going sideways + showing no signs of twisting and turning bearish! The stoch RSI has flipped bearish so that is definitely something to keep an eye on, we are still around the neutral zone so we still could see some buys come in. Overall Link is going to follow bitcoin for now. NFA just my opinion.
LINK - 6h. Buyers took the hit and are preparing for the $34-35The loss of the trend line by buyers on February 22 frightened LINK market participants. The wedge , which the sellers managed to break down, signaled a powerful impulse of the fall with the first target of $23 . We wrote about this scenario in our previous idea :
However, apart from the spectacular exit of the price from the wedge, the sellers could not do anything else.
As you can see in the chart, on February 28, the buyers organized a powerful counterattack , which is still not over. The main fight this month was in the range of $27.3-28. The sellers have already made 3 attempts to take control of this range and all failed. The momentum of growth on March 17 showed that sellers are quite weak at the moment. In two days, the sellers failed to show their strength.
At the moment, the worst-case scenario is a re-test of $27.3-28. However, even in this scenario, the LINK price will continue to move in the white channel , which is controlled by buyers. Therefore, the test of the previous historical high is a matter of time.
The main question is whether buyers will be able to update the high and continue to grow?
Looking at the LINKBTC chart , there are all the prerequisites for this:
If you are interested in seeing our global opinion on LINK - write in the comments "Global link"
Happy weekend!
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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
Link Looking for a breakout of wedge!Chainlink looking bullish on the 4HR timeframe, we have been trading inside this wedge for a little bit now and currently looking like we are going to breakthrough the 0.5 FIB level, if we do i believe we are going to see nice upwards momentum as the next FIB level 0.6 is above of the wedge we are looking to breakout of. We are seeing the Bollinger bands starting to squeeze the candles hinting at a big move if they continue doing so, our Stoch RSI is starting to turn up and we are only around the middle of the neutral zone! Thinking we are likely to see a nice leg up for link in the coming days/week! Not financial advice just my opinion
LINKLINK / BTC breaking down, my bids are at $24.51 let's see if that gets filled and also hopefully the dump ends there. ;)