Potential summer slowdown There's been a noticeable uptick in criticism towards Chainlink on X, with the prevailing narrative questioning the necessity of the BIST:LINK token. I anticipate downward pressure on BIST:LINK due to Bitcoin's influence, potentially exacerbated by the voices of skeptics, who will cite CCIP GA as a failure. While this may lead to a...
If you find this information inspiring/helpful, please consider a boost and follow! NASDAQ:LINK update 🧵 Went deeper than expected...🤔 But it's making it simple for me. IF gives a bounce out of the GZ, breaks 14.361 impulsively, or higher, Then I will consider a long at some degree, on a retrace back to one of these level with confluence. Till then,...
Finally, after a long wait, we got filled on Chainlink, and we entered at $12.93. This is our entry point. The entry is holding up quite well and solid so far. We still see strength in Chainlink and we do not believe that our large stop-loss will be triggered. Also, for the first time since May 2022, the RSI has fallen into the oversold area, which is another sign...
🔍Today, we're analyzing LINK in the daily time frame. After reaching a peak at 20.623, we experienced several fakeouts, and now we've retraced to around 13. This level has acted as a strong support, preventing further downside movement. 📈🛒Currently, we're seeing a strong buying candle, indicating a potential entry point for buyers. Moving forward, let's consider...
Introduction Chainlink (LINKUSD) is a cryptocurrency that powers a decentralized oracle network for smart contracts. It provides a secure and reliable way for blockchain applications to access off-chain data, enabling a wider range of functionalities. This article analyzes LINKUSD through the lens of Bollinger Bands and a potentially reversing trend, suggesting a...
link looks weird. one of the strongest movers seince last sept, but looking kinda weak here. if we fall back into the range, i don't see any reason why we shouldn't retest the former range high. plenty of better plays out there than this right now.
Is this move a surprise not really if you been following my Chainlink ideas. Published in February warning traders that giant rising wedge had formed and the target of that wedge is back to the top of the massive range at 8-10 dollars. March 18th we got a bearish cross the MACD , this was another signal of things to come. On the LINK/BTC we can see that we...
Looking at Chainlink on the daily chart, we've noted the development of a 5-wave structure from a low at $5, culminating in a Wave 1. This wave is projected to range between $20.3 and $25, currently aligning well with the $20.3 mark. Following this, we anticipate a retracement towards Wave 2, which is expected to fall between 50 and 78.6% retracement, landing...
Rising wedge target is back to top of chainlink accumulation range at 9.3. Clear rising wedge pattern with two touch points top and bottom. We are coming up to the Chainlink fib sequence I have been using for years it has a 100% win rate at predicting Chainlink events , major moves , bottoms or tops. Last Fib time hit was the Big move down in May 2022 marked...
I've been tracking this Elliott Wave count for some weeks now including other coins. We have an obvious 5 waves carved and RSI divergence on the daily/weekly. We now have all the characteristics of a Wave C decline with very rapid price movement declining over the weekend. The Wave 4 bottom was taken out, which can be a spot for liquidity before moving higher and...
Hey hey! I'm scaling into some NASDAQ:LINK here and @ the next fib level also Don't be afraid of the opportunity ✨️ See you on the other side of profits 📈
BIST:LINK The most obvious way to view Wyckoff Schematics are through line charts. This has been a textbook shakeout pattern, coiling on top of a multi-month long support range. I have bought every time it has touched the previous range highs and now it looks to be compressing prior to "jumping the creek" into a vertical rise IMO.
Chainlink will lead to a breakout very soon, 3 points of contact have also been made within the Falling Wedge Pattern. Support Zone is between £13.00 - £13.50, this support area is a very strong buy interest level. In addition, the Falling Wedge Pattern's are often considered a bullish signal, a reversal from the current downtrend from the recent dip indicates...
Good evening friends, Link has been running like no other. Wouldn't want to miss this one out. Trade thirsty my friends.
📊Analysis by AhmadArz: 🔍Entry: 18.353 🛑Stop Loss: 18.053 🎯Take Profit: 18.632-18.985 ▶️We are selle if breakout that 17.946$ in support. 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to...
If you haven't bought the dip on LINK: nor sold the potential retracement: Then, in my view, it seems to have developed a distinctive head and shoulders bearish chart pattern, suggesting a price target of $16.
From where we entered "start" on the chart, it seems that LINK has started a bullish diametric, which is now in the middle of the D wave. The green area is a low-risk area for buy/long positions. By hitting the green range, we expect wave E to start Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't...
Really not much to say here. Historical resistance into support for now. Bullish 3 bar pattern on the 3 day waiting for confirmation on todays close, empty space above. Also the magical confirmation low of 17.6$... Sign of strength Let's see how this level holds.