Chainlink is looking great on the 4 HR timeframe and has created an inverse head and shoulders pattern aswell as coming upto the apex point this wedge! This pattern is very bullish and we can expect over the next few days some really nice movement upwards, keep in mind BTC will drag down or push up the market in most cases. We are holding up on this triangular...
Let's see if this will form out. This could bring us back to the 42 Dollar area. Also at that area there could be a next inverse H&S be formed in a bigger picture. Of course this time everything depends on bitcoins momentum as well.
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...
Just checking in on $LINK after that wicked dump. We've seen it before and if we copy that bars pattern and compare it to current PA? We see that the test and bounce is usually followed by some consolidation before it's able to get enough momentum to fight back up above that median. If it does follow this fractal perfectly? (which it won't) The full parabola would...
Chainlink was cruising at ATH's about a week ago and has since been feeling this market correction, good news though Link has found very strong support, both uptrend support and accumulation support. The important thing is Link continues to make higher lows on a longer TF. I am bullish on Link, Defi and altcoins. We also have good support coming from the RSI...
KRAKEN:LINKUSD has been following these bull pennants since it was created, jumping into smaller and smaller triangles. Arbitrum is scheduled at the end of this 4 year triangle, it looks like they're positioning link for one last fakeout before the arbitrums pump to 100$
Obviously when asshats like elon tweet and the retail rats go scurrying to animal coins? Thing get a little dicey for crypto in general. However, $LINK is still respecting the hell out of these pitchfork levels that I've been posting for the past few months. - 4hr bull flag breakout and retest happening as we speak. If it can close this 4 hour candle above that...
Link is following this channel since the drop from 37$ This trend could mean chainlink taking a short term drop as low as 30.29 in the next few weeks without breaking this upward trend. I see this trend breaking upward in June.
Link has played out W patterns multiple times in the past and looks like its following that pattern again. Bouncing between the bull pennants on the daily charts for a few more weeks until it breaks upward from this pennant and paints another W. Mostly sideways action but slightly bullish. There's a possible way the triangle gets bigger if link goes to 37 in the...
- Massive upper trend line about to be tested. Let's see if it can clear that. - Turquoise horizontal lines are previous highs and lows = probably S/R levels. - Both super trends are BUY on the 4 hour chart. - True Vibration is showing a long green buy zone. Looking for the invalidation around this level too. - Bollinger bands are pretty wide, but bottom band...
Link looks ready to do something crazy... macd flipping for the first time in awhile on the weekly and it also broke above descending channel. I’m liking this chart a lot! Marines commence!! This is not financial advice and do your own research! Thanks guys and good luck!
THE REACCUMULATION PHASE FOR LINK - ( Link Marines Assemblle) 4 Hour Chart Analysis After Making New Highs, we can see think has had a nice pullback and is now being Reaccumulated. Link is Currently in the LPS stages of reaccumulating After a Fake Breakout, and over extending back into the accumulation range. After 40 days of being accumulated again, link is in...
Link has been showing lots of strength running alongside ETH! We are currently trying to regain the 0.6 FIB level for the daily close tonight and then in the coming days go for that 0.7 level! Also once the 0.7 FIB level is broken we will be reentering the ascending channel. Our MACD looks very bullish showing lots of separation and upwards trend. The RSI is...
Not much to say bullish or bearish currently, but watching closely as BTC trends towards the upside again.
Another sleepy giant, ChainLINK, will rise again if BTC will give him space to. I believe this time it will be the greatest show Link ever did. Graph is 9Ds time frame and of course log. This is my personal opinion, not a financial advise. Take care of your hard made money! CHEERS #linkMarines!
I want to re-iterate that I truly believe $LINK is one of the most important and bullish projects in the entire #crypto space. I've talked about in previous posts how $LINK, despite being suppressed by the sell pressure of around 1 million $LINK per week being sold by the #Chainlink team, is still consolidating at around 30 dollars and is fighting towards higher...