The breakdown of the downward consolidation triangle in the BTC market certainly affected the entire crypto market. However, does this fact mean that a new wave of decline has begun and the cryptocurrency market is facing a new phase of depression? Looking at the LINK price , we can see that buyers have managed to maintain the liquid range that we wrote about...
Update for Links inverse head and shoulders pattern, we have smashed through the 0.5 FIB level and now today we are looking to hold this level for our daily close. A close above the 0.5 could send link flying due to us also breaking out of this wedge resistance! This will be a very close daily close for us by the looks of it, so keep your eyes open and watching....
Link has performed very well after the "bottom" a couple days ago, we are sitting right on the 0.6 Fib level and aswell moved above the 200 day MA! Tonight will be a big close for link i would really like to see us hold this 0.6 Fib and 200 day MA, then i think we got a good chance of moving higher, but right not everything is riding on BTC with the market...
Since the end of April, the LINK market has revived significantly and has begun to bring only positive emotions for investors. In 2 weeks, buyers managed to raise the LINKUSDT price by 75% and fill the upper trend line of the white channel. We wrote about this growth channel in our previous idea: If you look at our previous idea, you will see that buyers...
If it breaks this bull flag we can set up nice long entry Thanks
Chainlink continues to perform great against BTC and recently broke through heavy resistance at the 0.3 FIB Level, we are currently underneath this level in a little bit of a cooloff and looking soon to go on another run! What I am most bullish on is the potential Golden Cross of the 50 day MA(Green) and the 200 day (Red), this would be extremely bullish and would...
A month has passed since the publication of our previous idea of the LINKUSDT pair Our goal for growth in the previous idea was beautiful $44.44, maximum on cryptoexchange, no less beautiful $44.33 It's time to refresh your thoughts. The $32.70 level, which in the previous idea we called critical for the continued growth of the Chainlink token, now serves...
Your attention to our global vision on the LINKUSDT chart At the moment, the price is in consolidation, and the "spring is compressed", there will soon be an impulse and most likely upward. At the top we have a level of $32.70 - which we consider to be a critical level, near which the future global movement in the LINKUSD trading pair will be decided If the...
Since the beginning of March, the LINK market has been trying to recover from a total drop on February 22-23. In the previous idea, we predicted a rise in the price of LINKUSDT to the range of $ 33-34. Before testing this range, we expected a local drop in the LINKUSD price to $27.3-28.3 . However, sellers managed to bring the price lower. This fact showed...
Let's start with the fact that our previous idea has fully worked out. The wave of growth from December 23 is under serious threat. Buyers for 2 months confidently kept the price of LINK. Starting from February 7, the LINKUSDT price began to interact closely with the black trend line. In addition, local highs are not as aggressively updated as, for example,...
After a strong corrective wave of fall, which began on January 25 in the LINK market, the price moved to local consolidation. Sellers managed to lower the price below the trend line, but this did not result in a sharp drop in prices. As a result, the growth trend in the LINKUSDT market has changed its angle . Buyers are now trying to consolidate above the...
A good prospect is emerging in the LINK market. After updating the local high on January 23, buyers failed to keep the range of $22.3-23.2 . What is interesting about this range? It is in this liquid zone that sellers were able to stop the growth of the LINKUSDT price on January 16 and organize a correction with a target of $17.12. Therefore, keeping buyers...
To your attention LinkUSDT, which recently updated the absolute high of trades. Unsurprisingly, this coin has collected almost the most votes in our weekly digest to analyze it . We promised - we are doing , by the way, you still have the opportunity to offer your options for analysis. It is difficult for LINKUSD the process of fixing at the top of the...
Three attempts to break the range of $22.3-22.8 , which buyers made in the period from 16 to 19 January did not work . It was this range that did not allow the LINK price to accelerate the trend and gain a kept above the white growth channel. Thus, the LINK market has stopped consolidating, and now the price is trying to re-test the range of $22.3-22.8. On...
Link, one of the most highly regarded coins in the DeFi space is closing in on its ATH $20 and a few cents is the ATH, on Binance If BTC doesn't have a shake, then this should be broke soon, when I will update further targets Expect a little pullback here due to the SR level from the previous run, then to push through If it does, it might be the first 'well-known'...
The new growth trend of the LINK market , which started on December 24, is now being tested for strength. Approximation of the LINK price to historical high and the test of the $18.43 mark provoked the beginning of the correction. Now sellers are testing the local level of $14.13 . Throughout December, this mark was a problem for buyers. It is the fixing of...
A strong downward impulse on November 26 negatively affected the mood of buyers. For almost a month, buyers fought for the right to continue the trend in the consolidation range of $11.6-14.5. On December 23, sellers broke through the consolidation. In addition, the global trend line of buyers has suffered. An attempt to return the LINK price to the...
For the last two days, buyers in increased volumes have been fighting for the range of $13.2-13.5 . A successful attack by buyers also allowed the price to return within the growth trend from which it fell on December 8. The price has practically reached the goal of our previous idea . Bitcoin's active growth has little effect on LINKUSDT's growth . The local...