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...
After rejecting the key daily resistance zone of $22.10-$23.09, Chainlink found a support at $19.56 that I expect to hold. A bullish reversal from the current price location or after a re-test of $19.56 will result in a bullish move to re-test $22.10-$23.09. A bearish break-out of $19.56, the key daily support, will push LINK price towards the next support...
ChainLink reach support level inside expanding channel up. This support also fibonacci .382 we can follow bullish wave from this level and aim for 30% profit projection at expanding channel up resistance. If this support broken, we can rebuy (martingale) at 15.482 Trading setup : Buy now at around 17.879 Take profit 1 : 20.120 Take profit 2 : 23.264 Martingale...
Based on the chart: Correction after the impulse started and is a flat correction, so based on my counts, it's either WXY or ABC correction, meaning, we need at least 3 correction cycles for us to confirm that it has ended and we are about to continue being bullish or a reversal is about to happen. So for Link the structure is looking bullish, correction is a...
Navigating this chart poses quite a challenge given the intricacies of the candlestick formations. Despite this complexity, I've endeavored to apply my understanding of Elliott Wave Theory to analyze and potentially forecast future movements. However, I acknowledge the possibility of error, whether it's due to miscounting waves or other factors. I welcome...
Hi Traders, Investors and Speculators of Charts📈📉 For a while now, LINK has been trading in a very clear accumulation phase. This is the zone we see after a bearish cycle and BEFORE a new bullish cycle. Chainlink can be very "wicky", and often the price will go JUST UNDER/OVER the resistance zone, or JUST UNDER/OVER the support zone. This makes it hard to give...
Chainlink (LINK) that could potentially skyrocket your trading profits. Brace yourselves, because this is a call-to-action you don't want to miss! Chainlink has recently presented us with a picture-perfect entry point, as the Relative Strength Index (RSI) stands at a tantalizing 52. This indicates a healthy balance between buying and selling pressure,...
I am thrilled to share that Chainlink has been forming an intriguing pattern on the charts - an ascending triangle. This pattern indicates a potential bullish breakout in the near future and presents an excellent opportunity for traders like us to capitalize on this upward trend. So, fasten your seatbelts, my friends, because we are about to embark on an...
I am here to present you with an exceptional opportunity that promises to revolutionize your portfolio and take your gains to unprecedented heights. Chainlink, a true gem of a project in the blockchain universe, has caught our attention and should undoubtedly catch yours too. With its recent surge and the Extra Moving Average (EMA) 20 indicator looking...
Chainlink had a fantastic breakout of the Weekly 200EMA closing two weekly candles above it. We're about to close a third bullish weekly candle in a row, so should we long at this level? Not so fast! As a trend continues your probability of profit increases in that direction, but that's in exchange for greater risk because your stop loss must be placed under the...
I wanted to bring to your attention an important development in the LINK market that requires your immediate attention. As an avid trader, I believe it is crucial to stay informed about potential opportunities and risks that may impact our investment decisions. Over the past few days, I have been closely monitoring the Aroon indicator on the 2-hour timeframe for...
LINK token is on the move again, and it's approaching the $13 mark as it retests. This is a golden opportunity you don't want to miss! If you've been following the LINK's impressive journey, you'll know that it has been one of the most promising and consistently performing cryptocurrencies out there. And now, it's gearing up for another upward surge, which has...
Chainlink (LINK) has just hit a new yearly high, and the celebrations are in full swing! 🎉🚀 Chainlink has been on an incredible journey this year, defying all expectations and surpassing milestone after milestone. Its upward trajectory has been nothing short of remarkable, and we couldn't be more thrilled to witness this groundbreaking achievement together. ...
The current state of Chainlink's bull run seems to be showing signs of losing momentum. As an informed trader, it is essential to remain cautious and consider the potential risks associated with any investment decision. Over the past few months, Chainlink has witnessed an incredible surge, capturing the attention of many traders and investors. The project's...
With the EMA period and MACD indicators both staying positive, Chainlink is making significant strides towards the $12 mark. It's time to seize this opportunity and consider a long position on Chainlink! The current market conditions have provided us with a strong bullish trend for Chainlink, and the EMA period and MACD indicators are reinforcing this positive...
Chainlink has been on an unstoppable rampage in the crypto market, boasting an astonishing 59% return over the past three months! 📈🔥 Yes, you read that right! Chainlink has been flexing its muscles and leaving other cryptocurrencies in the dust. It's been a wild ride, and if you haven't jumped on the Chainlink train yet, now is the perfect time to hop aboard and...
LINKUSDT (1D Chart) Technical analysis LINKUSDT (1D Chart) Currently trading at $8.2 Buy level: Above $8.1 Stop loss: Below $7 TP1: $9.5 TP2: $12 TP3: $14 TP4: $18 Max Leverage 3x Always keep Stop loss Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts