🔗Chainlink(LINK)🔗 will Go Up⏰(15_min)⏰🏃♂️ Chainlink(LINK) is moving in the 🟢 support zone($7.34-$7.13) 🟢.
🌊In terms of Elliot waves , Chainlink(LINK) has completed its 5 waves in the 15-minute time frame.
💡Also, the Regular Divergence(RD+) between two successive valleys is clearly visible.
🔔I expect the 🔗 Chainlink(LINK) 🔗 to move towards my 🎯 Target 🎯 after the downtrend line breaks.
Chainlink Analyze (LINKUSDT), 15-min time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
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LINKBUSD
LINK /USDT Bullish Divergence,High Demand and Potential Bull Run💎 There is a bullish divergence in the MACD indicator. This discrepancy suggests a weakening of the downtrend momentum and a possible trend reversal.
💎 We have seen a break of structure following the previous downtrend. This break indicates a shift in market sentiment, potentially leading to a bullish phase.
💎The current price of LINK is situated within a high demand zone. The combination of bullish divergence in the MACD, a break of structure, and the presence of a high demand zone suggests an increased likelihood of an upward movement in the price of LINK.
Disclaimer: This is Not Financial Advice ❗️ Trade at Your Own Risk ⚠️
Quick look at LINKHere's a quick look at the LINK daily chart. As we can see, the price is trying to hold above the resistance zone, and if the price manages to sustain its position above the resistance zone, then a move to the red trendline is likely to happen! Therefore it is recommended to monitor the resistance zone in case it does sustain its position above it!
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Chainlink (LINK) forming bullish Gartley for upto 12% pumpHi dear patrons, hope you are well and welcome to the new trade setup of Chainlink (Link).
Previously I shared a long-term trade setup for LINK, which is till in play as below:
Now on a 4-hr time frame, LINK is about to complete the final leg of a bullish Gartley for another price reversal move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Chainlink : The 4th Industrial RevolutionToday H₿ Capital is analyzing LINK based on a (2W) chart 📈
What is ChainLink ?
Chainlink is a decentralized blockchain oracle network built on Ethereum. The network is intended to be used to facilitate the transfer of tamper-proof data from Off-chain sources to On-chain smart contracts.
This solution is important because currently, most smart contracts are “isolated” on the blockchain, which means they can only interact with other contracts on that same blockchain. This limits their usefulness, because in the real world, data doesn’t live on just one blockchain. In order for adoption to truly take hold, different systems need to be able to talk to each other in a seamless and secure way.
Chainlink solves this problem by providing a way for smart contracts to access data from off-chain sources. This data can be anything from cryptocurrency prices to weather data or even individual identity information. In 2021 Chainlink has signed Eric Schmidt, Google former CEO, as a strategic advisor.
Recently, the Interbank messaging system "SWIFT" has partnered with price oracle provider Chainlink to work on a proof-of-concept (PoC) project which would allow traditional finance firms the ability to transact across blockchain networks. To fully understand the extent of this partnership, remember that SWIFT is the most widely used interbank communication platform for cross-border payments. In particular, it connects more than 11,000 banks around the world and records an average of more than 40 million daily transactions (are you bullish now ?).
Technical Analysis
What we can see :
- LINK made a complete Elliott Cycle started in June 2018 with the first leg of the impulsive wave (1,2,3,4,5)
- Back in may 2021, following the bitcoin crash, Link started its " A B C" corrective wave movement in a "regular flat" structure (3,3,5)
- By using Fibonacci retracements from the beginning of wave 1 (0,16$) to the top of wave 5 (52$) we can see that prices have stabilized on the 0,886 fib level (which generally indicates a potential bottom).
Reasons to be bullish :
- The spreads (long / short) are very low
- Prices closed above the Tenkan and seem to hold it
- Prices break the first downtrend line
- MACD seems ready to initiate a bullish crossing
- The slow stochastic wants to leave the oversold region
So regarding all of the above informations, it seems that Link is ready to start a new Elliot cycle (1,2,3,4,5 / ABC)
Two scenarios we can expect :
Case #1 : Bulls
- Prices take support on the Tenkan and break with conviction the 10$ area where we have a massive resistance (Kijun + SSB flat alignment)
- RSI closes above level 46,67 / The stochastic closes above the oversold region / MACD crosses bullish
R1 ----> Kijun flat (22$)
R2----> Second downtrend line contact
R3 ----> SSB + Kijun flat alignment : (28$)
R4 ----> ATH (52$)
TP1 ----> 89 $ (1,618 Fib level)
TP2 ----> 142 $ (2.618 Fib level)
TP3 ----> 194 $ (3.618 Fib level)
Case #2 : Bears
- Prices close below the Tenkan and below our first downtrend line.
- RSI fails to break the 46,67 level / Stochastic fails to leave the oversold region / MACD doesn't cross bullish
TP1 ----> 6,14 $ (0,886 Fib level)
TP2 ----> 4,57 $ (Top of the biggest VPVR bar)
TP3 ----> 3,46 $ (VPVR - Point of control)
Good luck traders, may the crypto be with you 🍀
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LINKUSDT trade bullish zone updateLINKUSDT trade has perfectly went towards fake point. As we recommended before, blue fake break area was with highest buy entry. Trade is boosting up from predicted point. We publish precise and compact information after careful consideration which give you quick glimpse for comparative analysis. Our aim is to deliver simple and compact information which can be used by beginner to give them brief understanding of trades without any complexity. if you have any question or want to ask about analysis of other pairs or you have any confusion about analysis then feel free to ask us. Don't forget to support by share your ideas and hit like and subscribe button. You can support us through coins donation for more frequent signals.
LINKUSDT, Did you took this amazing position ??Hello everybody
Did you bought ?? or took long position ??
According to the chart and last analysis that we publish we shown on chart that the price made 2 triangle and this become more powerful that the price wanna have some rises price to the resistance zone level and exactly this scenario was happend and now we are in the way to reach to the target that we update and shown on chart .
Dont forget observe capital manaegement and use stop loss.
Previous analysis :
If you have any question or need any help , send us messages
Good Luck
Abtin
(CHAINLINK) The market dunce with enormous potential.. Hello everyone !
Today H₿ Capital is analyzing LINK based on a « 2 Weeks » chart 📈
What we can see :
LINK has been one of the worst player during the last 12 months regarding its performance….. Worse than some Stock assets too… Very very disappointing for Hodlers (like me). By the way, LINK is one of the strongest fundamentals token in the market right now.
You cannot ignore the following : CCIP + Staking to be released this year + Eric Shmidt who joined the Chainlink foundation as an Advisor (ex CEO of Google 2001-2011).
Technically:
- LINK is progressing into a descending triangle (trend continuation pattern)
- It seems that we are actually in a « flat » ABC correction (to be confirmed soon with the 2 weeks candle ended this week , which could print on the chart a nice double bottom figure)
- Our white trend line act as a support for prices and this one must hold…
What we can expect :
- If prices failed to hold the white trend line + break the triangle support line (where prices are right now) we can expect Link to reach the 8$ area……..
- If prices manage to hold our white trend line + break the triangle with conviction, we can expect the following :
Triangle Breakout :
Target 1 = Distance between the mouth of the triangle added to te breakout
Target 2 = 100% extension of the first impulse move
Triangle Pullback :
Target 1 = Distance between the mouth of the triangle added to the pullback
Target 2 = 100% extension of the first impulse move
Trend-based Fib extension :
1.618 = 86$
2.618 = 131$
3.618 = 176$
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MAY THE CRYPTO BE WITH YOU GUYS (D.Y.O.R)
LINK🔗 triangle breakoutIt's has been long time since I posted last Chainlink idea... 👇
But now here comes another one >> LINK 🔗 is holding well even in this weak market recently. Price seems to be ready to break up this triangle 📐 and If succesful I think there is chance for run to 30.9 and even higher. I'm already in, but one can set the BUY LIMIT order to catch the possible pullback. As usually we need BTC to stay stable (or even go up) to not spoil the party. Going with lower size as markets are shaky.
ENTRY : local high @ 26.37
STOPLOSS (TP) : local low @ 25.08
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY LIMIT - SL) @ 30.9
REWARD RISK RATIO (RRR) : 3.5
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
(LINK) ChainLink on the road to 200$ ? Hello everyone !
Today we analyze ChainLink (LINK) based on a Two Weeks chart 📈
What we can see :
- Prices evolve inside a parallel channel since April 2019.
- Right now, prices took support on the lower channel level + white trend line.
- Prices are still under the black downtrend line
- There is a bullish div on the RSI
* Eric Schmidt recently joined the ChainLink foundation as an advisor (Very bullish)
What we can expect :
If prices manage to break the downtrend line + the 33/38$ resistance area, there will be a huge W pattern that could send Chainlink to the upper channel level. In addition, by using the trend-based Fib extension, we can identify potential final targets for Chainlink
Main resistances : Downtrend line + Cluster 33/38 $
Support 1 : White uptrend line
Support 2 : Lower channel level
TP1 : 85 $
TP2 : 131 $
TP3 : 175 $
TP4 : 220 $
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)
LINKUSDT , We should wait ...Good Evening guys
LINK is one of the most powerful project that is working on ...
(if you need any information fundamental about any coin you can send us messages in private)
According to the chart, the price after impacted to the resistance is fell down and now its in minor support zone area, if it cant support in here the price can drop more to reach lower PRZ level.
Previous analysis :
If you need any help or question , send us messages in private
Good Luck
Abtin
(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/btc 1hour update Link/btc 1horu quick update,
Ready to inverse head and shoulders and long link/btc .
Spot, and features trade.
leverage 5x to 10x
Long entry :-CMP
Traget:- 8% to 10%
And stoploss:- NA
Remember,This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading...
Than you..
Link/btc 2hour analiysis Link/btc updated.
Link buy entry :-cmp
Traget :- 0.00062
0.00065
0.00073
0.00080 Stoploss:- 0.00055
Rembebar.This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading...
Thank you...
link/btclink/btc 4 hour analiysis
buy:-cmp
target:- 35.20%
stoploss:-NA
This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
happy trading...
thank you...
Link must demonstrate how important it is, or....Chainlik's bullrun has been poor and anemic compared to other major currencies such as BNB, ADA, DOT, ETH.
Usually Link is the currency that gives the most joy to traders because it's always in a bull market, however, the bulls have been focused on other currencies and they have forgotten it.
Will this be the great moment to enter?
Probably, because if it is not, we may see a link in areas that we would not like.