We have an inverted HS pattern and nice twist on ema ribbon under way. Seems like we should go up, but maybe sideways first. And when we break up it should be impulsive! Not financial advice.
Link seems to be priming up on the daily , patience is a virtue. Hidden inverse head and shoulders pattern here. Not financial advice. Blessings and safe trading.
Hey yall. I just wanted to point out that the point of greatest fear/ capitulation is also the point of greatest opportunity. $LINK isn't doing anything flashy right now, and people are getting very impatient and fomoing hard over the NFT craze. I've been saying this the entire time.... but $LINK isn't for us prospective investors. It's not even a blockchain......
We have what looks to be a nicely laid out inverse HS pattern and I expect to see more upward action than sideways, thus my left shoulder is slightly skewed towards such bias. Remember BTC is the leader! This is not financial advice.
$LINK is currently retesting previous resistance. Showed some nice buying volume during the dump. Looks pretty good if the daily closes like this!
Taking a look at chainlink BTC and noticed a very valid inverted head and shoulders pattern which is bullish! we are looking at a couple key areas here being the top of the shoulders and the 0.2 FIB, we are looking for something similar to my path drawing a push above and a retest is necessary before we can really start moving up. Now if this plays out we will...
Chainlink has been showing tons of strength recently outperforming tons of projects and we have taken out some key levels that we're very needed, before we jump into this always remember BTC is a huge factor when it comes to the rest of the market and can easily void this TA. First looking at the pivot points as you can see we have sliced right through R1...
What's up frens. We got a REALLY nice reversal here with what looks to be a clear break of the multi year pitchfork prong that has been acting as a SUPER strong level of resistance. - Light Blue arrow: Strong looking V reversal pattern with 2 back to back daily buy signals from True Vibration 2.0 indicator. That' major bullish right there and if you bought that...
Chaiinlink has been pretty on par with ethereum recently both showing their great strength, if we close today as a green candle we will have 15 green candles in a row which is pretty incredible! Thats over 2 weeks, we are currently getting stuck on the previous pivot point to the left side, we have passed the pivot point below and we have continued to hold the 0.2...
Possibility that we are in wave 3 of 3 of the cycle for Link. What are your thoughts?
#Chainlink has been respecting this log pitchfork that we've drawn for months and months now. We recently flirted with the bottom 2.0 deviation. And we're now bouncing back from pretty big previous ATH support. I'd really like to see the price get above the green box, and above that lower 1.5 prong. I wouldn't be surprised at all to see a more clear double...
Ranging as expected from my previous idea. Link below. Had a killer run that ended with the bearish T-K cross. Long term trend has ended and chart confirms this. Going forward, upside will be limited in comparison to its previous performance. Downside risks are significant. Hence be patient. Enjoy the gains you have had so far and find something else to trade.
I will wait to see if the LINK/ETH will confirm the support area here, and to assure myself that we are not starting a H&S formation next (witch I hope we will not) and I will exchange 15 to 25% of my ETH to Chaninlink. In the bigger picture on 2W time frame I noticed a buy signal coming next on MACD indicator, and also, a second touch of RSI to oversold area,...
Chainlink has roughly increased 6x year over year each Christmas going back to 2018. If that pattern continues, we could see roughly a $70 Link Christmas day 2021.
Hey yall. I think $LINK is looking really good here! We've seen a pretty clear A&E bottom with higher lows being created! As you can see the blue 1.0 pitchfork prong that acted as such strong support is now acting as a clear resistance! If we go back to re-test that 19.50 levels where we previously held and failed, I'd expect a bounce to above 20 and to continue...
Hey ya'll this is just kind of a check in. In my "we've seen this before..." post that I linked below, we talked about how $LINK usually behaves before massive runs. The price action did in fact dip to that 20 dollar lower blue line. And with that we saw a LOT of buy support created. As you can see now, on the 4 hour chart we've formed a nice higher low, above...
3 DAY LINK CHART WITH 3 TOUCH POINTS ON OUR LOWER SUPPORT LINE. ROUGHLY 450 DAYS BETWEEN CAPITULATION TOUCHES. 3 DATA POINTS. MAYBE WE SEE A 4TH TOUCHPOINT IN AUGUST 2022 AT A LOW OF APROXIMATELY $140.
Update for Links inverse head and shoulders pattern, we have smashed through the 0.5 FIB level and now today we are looking to hold this level for our daily close. A close above the 0.5 could send link flying due to us also breaking out of this wedge resistance! This will be a very close daily close for us by the looks of it, so keep your eyes open and watching....