Chainlink is a platform that serves as a link between blockchains and real business. The idea is good, but not sufficiently developed. There are no descriptions of project progress activities in the official channels. The token should not be considered as a long-term investment. The chart shows that the asset does not linger in portfolios and used mainly for...
I think ChainLink is doing really well with respect to ETH. It is almost at the all time high with respect to ETH. Just wonder what is going on under the radar?
Technical analysis: . ChainLink/Ethereum is in an uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 62. . While the price uptrend in the Daily chart is not broken, bullish wave in price would continue . Trading suggestion: . There is a possibility of temporary...
Technical analysis: . ChainLink/Ethereum is in an uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 62. . While the price uptrend in the Daily chart is not broken, bullish wave in price would continue . Trading suggestion: . There is a possibility of temporary...
LINK has pumped because it's rumor to get listed on Bithumb. Chainlink has 1 Billion Total Supply. Smart Contracts to provide the ability to execute tamper-proof digital agreements, which are considered highly secure and highly reliable. In order to maintain a contracts overall reliability, the inputs and outputs which the contract relies on also need to be...
Weekly Looking at our trend timeframe we see price has recently broke out of its descending wedge pattern, stochastic rsi showing momentum was in favor of bulls currently at a temporary pause. LINK has found resistance at 5000, expecting a retracement towards 4200. Will be watching smaller timeframes for entries. Daily Shifting over to our pattern timeframe...
In super DANGEROUS statistic! #LINK can grow more 5-10% and you should get out Follow me for more signals
Stinky linkies were right all along
BINANCE:LINKBTC After a nice run, LINK came back down and found support on the 21MA. Also came down to the uptrend line. Going for a quick play inside the triangle. Will monitor as it nears the target to watch for a breakout. Tight stop in case the supports fails.
BINANCE:LINKBTC In for a play on the ascending triangle with support from the 21MA. Will monitor closely as it approaches target to watch for breakout.
An Ascending triangle is created on the 1D chart on ChainLink and a reversal uptrend move is already on the way finishing the 1st elliot wave creation and is now in consolidation for the start of the 3rd. Since Feb 2018 Link was in a downtrend like the other crypto assets in the market. After an engulfing bullish candlestick creation July 25 it already setup its...
This is absolutely doing very good and Link is moving exactly as expected. RSI is at around 62 and both the 50EMA and 89EMA are below the price. If it can close above the triangle this would be a great upward move to see. For swing traders our yesterday call it reached 4313 sats so far which is a total of 43.76% in just less than 13 hours. Pair :...
On the 24th of July, ChainLink hit the bottom, reaching 2276 satoshis low. At the same time it has rejected the 227.2% Fibonacci support applied to the corrective wave up after the uptrend trendline breakout. Price failed to break and close below the support and price went up sharply. LINK/BTC broke above the downtrend trendline and 50 Moving Average suggesting...
No short term technical analysis is needed for this coin. Very anti=hyper and expect no price movement anytime soon. But without a doubt one of the most fundamentally exciting projects in the crypto space and you should begin accumulating anytime it dips below 20 cents and lock away into your long term portfolio.
I've set horizontals to show that each recent wall was exactly opposite a previous support, and our fib retracement shows that it corresponds to well defined levels. This could be a fairly reliable key if you want to try to predict near-term movement, with potential for 20-30%+ gains. On the fundamentals side, $link is a great project with good fundamentals,...
ChainLink found the bottom at $0.16, but while approaching that level, RSI has formed a bullish divergence suggesting change in trend. Price then moved up and broke above the descending channel, downtrend trendline and the 50 Moving Average This looks like a strong indication that the uptrend has started, especially after LINK/USD broke above 61.8% Fibonacci...
As long as ChainLink doesn't drop below the trendline it will rise up to the upper trendline.