ChainLink should drop its ball and chain to escape from the current sidewards movement in favor of the expected ascent. From the low of wave (ii) in blue, the altcoin should head for the resistance at $9.50 and surmount this mark to develop wave (iii) in blue. The subsequent countermovement of wave (iv) in blue should happen above this level as well. However,...
While most cryptocurrencies began their rapid growth at the beginning of 2023, Link buyers were "scratching their heads" and not keeping up with the market. Consolidation in the range of $5.50-9 has been going on for 9 months. Delta shows that purchases in this range are at least 5% higher than sales. Are "they" accumulating a huge position? If so, then the...
This week, we will stick to the 4-hour time frame to analyze the price action in detail. The bulls seem to be in control after another strong week. After a strong rally last week, LINK was able to extend its gains to hit a new swing high of $7.1. We can see some consolidation happening now which was expected after the sharp rally that started earlier this...
This week, we will stick to the 4-hour time frame to analyze the price action in detail! After setting a new 52-week low earlier this month, LINK seems to have recovered significantly from the fall. It broke a very crucial support at $5.7, however, the bulls were quick to return to help push the price back above the demand zone. We can see strong momentum, and...
Link has been hovering around the 0.382 fib retracement for quite a while, tested it 3 times, i never trust the 4th nor the 5th test on a support line. "Stop talking gibberish and give us the bad news nah" Bad Nus: $LINK will go down another 80%-90% :D before this bear market is over. Great Nus: $LINK will be a $1k-$2k token at the peak of the next Bull...
$LINK - HEADING TO OUR TARGET. This Gray Box is a Demand Zone from the Weekly Chart. I will be loading up on Chainlink big time in the $3.50- $4.50 area. Do you hold any Chainlink? #LINK
target 6.50 to 6.70 reversal confirmed on the daily TF around 5.90
Today, we will consider the LINKUSDT price chart on the 3-day time frame For the last six months, the LINKUSD price has been in a wide consolidation range of $5.50 - 9 Trading volumes in the range show that buying prevails, and therefore we can conclude that the "big player" is gaining long positions. If in the coming days, the LINK price does not fall below...
I posted earlier about a Bullish scenario, here is a Bearish scenario. For the record I am on sideline with this one but learning towards a price dump.
Analysis was shared few days ago moving exactly as we predicted both breakouts done already 18% profit so far hold it tightly still long way to go
link breaking out of most recent pattern on the hourly as well as the 2 hour chart setting a higer low and should start the next leg towards previous highs or possible shoulder of the previous head and shoulders on the hourly. where we can re evaluate our positions and scale accordingly. COINBASE:LINKUSD interesting trade study will play out either way but for...
Guys what do you think about this ChainUSDT ? I think I’m going to trade this coin with the flow
Looks possible for a retrace once we break the neckline at $7.6. What's your thoughts?
Chainlink looks to be retracing. Bear Flag continuation and H&S in play, also short term target could be at the 0.618 retrace, which is also the bottom of the start, we can overshoot as well if BTC falls past yearly lows.
H&S look to be playing out for LINK, no more upcoming event which pushed price up in the first place. We are in a bear market, expect further lows What’s your thoughts?
Possible Double top for Chainlink here in play, showing signs of reversal and catching up to the rest of the market downtrend. Held strong while breaking out of BTC pair. But imo should see some short term downside.
LINK had some very nice follow through the past couple days and is now trying to bust out of the supply line and push upwards. No conformation yet regarding a backtest, but if we can do so, $8 comes into the realm of probable outcomes. LINK often decouples from BTC at times, so thats where we could see a attempt to bust out. Link looks more appealing compared to...
THATS VERY EASY SELL :LINKUSDT NOW EXIT : look at the chart