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.
Linkusdlong
Chainlink several bullish signals! Parabolic?Hi Traders!
We are looking at the one day graph of link/usd ..
We can see a MACD Cross whereby the fast line has crossed the slow line, which is indicating a shift in momentum. Bullish in this case.
Furthermore, we can see a bullish engulfing candlestick candle on 29-03-2021. The previous bullish engulfing pattern dates from 01-01-2021, which resulted in a rally of nearly 2 months.
Beside the previous, we can also see a double bottom which indicates a change in trend and a momentum reversal from prior leading price action. Bullish in this case.
In our previous analysis about Chainlink (1 hour graph), we spotted a cup and handle which also is a bullish signa l.
However, yesterday I got me some new pair of shoes. Now I noticed that a lot of people are wearing the same shoes. Or was it the other way around?
This is not financial advice , I am not a financial advisor.
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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
looking for Chainlink to push back up to the 31$ resistanceBullish overall on link, little dip today after rejecting off resistance at 31$(usd) as I said in my last TA for Link we may see a rejection but i believe we would see another couple tries and ultimately a break of the 31$ resistance. we are still getting support from Ichimoku cloud and EMA ribbons! Stoch RSI is coming down from overbought back into neutral zone, i expect this dip to get bought back up and for us to return to the 31$ resistance and hopefully breakthrough!
Chainlink - LINK Long Trade IdeaSimilar to BTC & ETH , LINK retraced to 50% fib level of the last run and now approaching to test the ALL TIME HIGH at $37 region.
Expect profit taking at this level. Stay tuned for the next target based on what it does in this level but I expect the price to break the resistance and move higher in the long run.
This idea is long term investment and not for intraday trading.
Update Chainlink (Link) 36% Gain back to ATH Chainlink (Link) still on course to break past previous ATH, Link has found some short-term resistance at the 61.80% Fibonacci level and is poised for a continued move to the upside back to the previous ATH @ $36.84. We expect this move to continue and to break past this level to set a new ATH at the 127.80% Fibonacci level @ $41.38, this is a 36% Gain from the current price level at the 61.80% Fibonacci retracement level.
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!!
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
Chainlink it's prepare to go up!!! Next Profit: $50 USDChainlin it's so bullish to medium term and investor are interesting in this cryptocurrency to bought.
First, look how Chainlink it's goes toward these my consideration targets profits and we see that Chainlink make this support line for above of $23 USD. Personally, I believe that this it's the best chart for investor and holder in this cryptocurency, and also to have any trading plan to trade Chainlink.
But personally, my purpose it's to show you this interesting position to put a long position in the market price with the SL at $22.20 USD and your target around of $50 USD. I do not going to trade Chainlink and Ethereum, becuase I am so fill with my trades in Bitcoin, Litecoin, XRP contracts and Cardano, and in these trades I'm in profits in total. But, I do not going to put any 4th or 5th trade, I just use a trading strategy to earn in long term, but for that I created this analysis for you to take noticed what Chainlink it's right now.
But, the only that I can to follow it's to continue bought Chainlink to hold. And also, I have a good strategy in the broker that I can't to show you here, but I will going to make a special analysis how to accumulate Chainlink and & Ethereum assets just open up a position with 1,000 ADA contract to long term. I apply this in the past weeks and I'm in profit earnings Links and Ethers to accumulate and sell in the higher price to get my Chainlinks and Ethereums, like sound a smart strategic that nobody know it and also, the broker don't want to know this secret information that nobody know when you open a trade and the price of your assets it's fixed. For that, today I will going to talk about this strateg that I can't to create for some issue in my home that I will need to resolve. But, today I'm free and tonight this strategy will be published
I follow this timeframe, the 3 Daily chart it's so bullish, and for that, this it's a good moment to bought Chailink for your toward the $50 USD
And this it's, my Chainlink analysis for yours. Guys, if you found out that this aalysis it's so interesting for others people, traders and investor, please share this analysis and comment below what do you think of Chainlink, could Chainlink make any big adoption in the next months to years?
LINK BROKE OUT OF THE TRIANGLE! 30 USD SOON!!!LINK 🔷🔷
Just a short update for the people who didn't see their link price go up for almost half a month now, LINK BROKE THE TRIANGLE! And as expected, it was to the upside! Next resistance is 25.5 USD, that's for now LINK's ATH, After this price, we can see much much more! 😍😍💪🏼💪🏼 100 USD is quite conservative I guess! 💸💸 What's your expectation on LINK's price this year?
What targets if LINK hold above ATH !!Hi guys
LINK / USDT
ChainLink was and Still one of my favorite coins
My last idea Published when it was trading at 16$ in 6-Jan
Idea about : link is ready to test ATH soon
You can check my last idea here 👇:
Now Link successed to broke ATH however btc in dump mode thats a good news
because there are high possibility now that alot of coins will follow it specially top ones that what i think
If bulls hold above last ATH (20$)
The next possible targets are :
23.6$ (1.272 fib)
28$ (1.618 fib)
40$ (2.618 fib)
53$ (3.618 fib)
This is early plan as i said it must hold above ATH first and bulls should show strength here
Finally this isn't a financial advice
Good luck and thanks for reading
LINKUSDT, traders loose they longs and now we can go up to 12.31Hi friends. So about Chainlink. Really picture very nice and easy. Big players start to sold then traders who been in long closing they positions and sold too. Thats why we have chance to long in near time now. But i really think that all picture much more hard for bulls. We have a long-time solds from 12.31.
Traders purchases are not stumping exchange now. So there is two ways now:
1) Clear long to 12.31 and maybe to 13.72 in near time (this is my opinion).
2) Long to 12.31 only then solds and down to 9.3.
Levels thanks to X-Lines indicator. Follow me.
LINKUSDT, time to invest in chainlink. Long to 17.5 and upper.Hi friends like i foresaw in previous idea chainlink falled to 11 and lower. But from 8.3 to 11 we got strong purcheses. And for this time nothing from them are sold. So i think its long to 17.5 and 20.0 in near time. Levels thanks to x-lines indicator.