Well, i've been watching this coin for some time. A reverse head and shoulder on the daily chart. Just waiting for an convincing 'break through the neckline'. It is my first idea that i publish. Because I think it has the potential to make some profit. So if you react, please be gentle ;-) Any tips or good suggestions are always welcome! Have a good trading!
$LINK (ChainLink) is an undervalued project I have been monitoring for the past few months. Chainlink is the only project focusing on being a decentralized oracle provider that has a MASSIVE use case, partnerships like Request Network, ZeppelinOS, SWIFT and the LINK token can be staked in pools in the future to provide passive income. Initial Entry - 5175 Sats...
Just look at this beautiful cup. Even the handle has been formed. In theory, we can get ready for a cup & handle trade. If we break through the " coffee " line, we can expect the size of the handle to be added up to that level. That's kinda insane. In the meanwhile, we are seeing that on the 4hourly chart, there is still some downward pressure first : you can...
Preliminary resistance at 0.00005324 and then on our way to 1st Target. 2nd and 3rd Targets at prominent 'swing highs' where price reacted strongly previously should be where price may try to move to.
LINK showing sideways action at this level, continuation of trend needs to breach local high before testing previous resistance that was the move down that brought us to local low. Potential 8-9% Scalp Move. Plan your Trade, Trade your Plan.
Just for fun, let’s now have a look at ChainLink (LINK) vs Bitcoin (BTC) on the daily log chart. Back on 9th of April we broke out of the black dashed downtrend channel we had been stuck in for a while. In regards to our moving averages, the 50 EMA is currently crossed bullish over the 200 EMA. The EMA 50 has also been providing some support since the 15th of...
$Link 4h Oversold Support Zone +1000 Btc Volume ChainLink Crypto
So what we have here is the corrected ascending channel following the 3 month falling wedge . We see in the chart that the ascension is following a growth rate of 1% - 2.5% daily if the USD price follows the channel which it seems to have done so far. Over the coming days and or weeks we will hopefully see a price increase from .28 cents USD (at breakout) possibly...
So what we have here is the corrected ascending channel following the 3 month falling wedge. We see in the chart that the ascension is following a growth rate of 1% - 2.5% daily if the USD price follows the channel which it seems to have done so far. Over the coming days and or weeks we will hopefully see a price increase from .28 cents USD (at breakout) possibly...
ChainLink is just about done with it's handle correction for its completed cup and handle. Ichimoku 1D Clouds could be the play along with a symmetrical push from its past performance. People have pointed out the 4chan shilling of this coin to me, but I am looking at the technical analysis here.
Quick post on Link upon request! - Have a look at this crazy graph of LINK versus the Dollar. Nice curve up. Bloody curve down! Seems like we just hit the 78,6% Fibonacci retracement and we have another strong support beneath that as well. And as is quite obvious, the curve is about to end where we are now... So yes, LINK is flirting like hell with both the end...
I believe this could be the beginning of a major price change. As you see the price has finally broken out of the 3 month falling wedge trend and could be leading to the bullish uptrend that we've been looking for. I think we could be seeing a rise back to 60 cents possibly even 1 dollar USD. we will see over the coming days if we see the uptrend beginning or...
3 month Falling wedge leading to the first breakout of the trend. could this be the bullish sign of a major uptrend. I believe we could be looking at the beginning of a huge price change possibly back to 60 cents possibly to 1 dollar USD.
Heres another coin that has similar short term price action. while the overall pattern is quite different the short term rounded bottom remains the same. Looking for a good pump on this one as well. Could name several others but dont want to spread myself to thin.
Chainlink showing a descending triangle pattern on the 1H timeframe. We can have a downbreak immediately following the first red arrow. Or bounce one more time before the second red arrow. (This is not financial advice, this is a volatile market where anything can happen)
Expecting to see RSI go below 30, dipping slightly below from .236 fib levels. Majority of the selloff seems to have happened already, not expecting it to go too much lower. Will hold off on buying until MACD crosses again and shows some support.
After finding the support at 4500 satoshi area, ChainLink started to move higher, rejecting the 2/1 Gann Fan trendline and breaking above the 200 Moving Average. LINK/BTC clearly producing higher highs and higher lows suggesting the continuation of the uptrend. After breaking above the 200 Moving Average ChainLink corrected back and rejected the MA which was...