In this post, I'll be providing an analysis on Chainlink (LINK), shedding light on its daily and hourly chart through technical analysis. Daily Chart Analysis - To begin with, the daily chart is on the left, and the hourly on the right - The daily chart demonstrates that prices are trading within a descending channel, forming lower highs and lower lows - The...
This idea is a bullish scenario. In order for this idea to be confirmed we need to see this support level hold. Targets on the chart are approx. If you like my content feel free to follow and throw me a like if you agree.
Hello! This Summer Link has shown the best dynamics ever. ATS's strategy has also shown perfect outcomes since the very beginning of July, giving correct indication of the trend changes. ATS has performed 175% in 6 trades Link has become more expensive by 146% It is better to trade correctly instead buy and hold. The link is currently still moving in the...
Support zone for link Buy zone in green Currently within Descending Broadening Wedge
On D1, the cloud is directing downward, indicating a price correction, and price found support at the 50% Fibonacci level. On H4, the price fluctuates around the cloud, which indicates the formation of a local price correction. In addition, a divergence has formed on H4 between the price and the RSI, which indicates a possible end of the price correction on...
Chart says it all... happy trading! :-)
ChainLink Analysis - 11 September
My buy zone and target for LINK (Not financial advice)
ChainLink Analysis - 4 September
Be sure to follow for future content! I reckon it could touch the 200$ levels if it gets real volatile (mania)
The low RSI, breaking out of channel & an inverted H&S tells me volume & price are about to dance upstairs & get busy
In this idea I will walk you through the most important parts on the chart of LINK on the 1H and continue my previous analysis. First of all, you can find my previous analysis here: We can see that the price has indeed been confirmed on the horizontal support level. Overall the cryptocurrency markets are going down, but it's safe to say that LINK has still be...
Great buy the dip opportunity Chart patterns are listed on chart I would enter this but i hold a personal bias against link. And i don't know why, because it looks great. Gl on today's trades Bix
Link Chain Analysis - 25 August
This is a real diamond, the LINK shows an upward trend for almost 3 years. You will not find the second one. Cross pairs Trading is always more difficult. Besides they are in downtrend mostly, but not our hero. Script settings for 1D timeframe: · Signal calculation type - "hl2"
LINK have been monster lately and it really seems like it is only starting to get going. I am expecting LINK to make the third wave of this Elliot Wave pattern and finish around $20-$24. If the same trend continues, weekend will be the sweetspot for LINK to hit that target. Until that we MIGHT see some correction to ~$10 range. After movement to $20 area, i am...