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Chainlink

Chainlink RangesHi, I've drawn up some ranges in Chainlink... This badboy has been trending very well in these bearish times. My strategy with this one would be to trade the ranges, especially Longing the Pullbacks, and entering at the bottom of the support lines. But generally it seems like the crypto coins are really fluctuating up and down in ranges in quite short intervals in these bearish times - and that means there are a lot of opportunities to make some quick gains, long ,short, long.. etc. Just be careful, and remember your stops. Move the stop loss closer to break even as you get into profit, and take profit when the price seems to weaken again, unless you're more confident.. Check with the BTC-price.. If BTC breaks down, or up, you can be pretty sure the others will follow. Sorry, I still havent really improved my Tradingview ideas since last time, but I have hopes that I will come back stronger soon.. hehe. Good luck and God bless! :)
Long
by thomchris777
#btcstarburst Chainlink Is Staking the Catalyst?Mentioned The CHAINLINK many times. It has lots going on… What is an oracle? Basically a bridge from the real world to the crypto world/blockchain. (Blockchain oracles are entities that connect blockchains to external systems, thereby enabling smart contracts to execute based upon inputs and outputs from the real world. ). Chainlink is building at a rapid pace and announced STAKING… STAKING… STAKING yes i said that 3 time so regardless of price action now. Long term it will probably be outpace most projects like it… this is just a gan Stud DCA safely
BINANCE:LINKUSD
by Jonnycatx
2
📊LINK: does the breakout of the range could lead to the DUMP?Hi friends! Using data from the on-chain analysis you can see that large wallets accumulate LINK for the long term. What can help them to continue this? Of course the trap for the retail traders. 📊After the "good" news about the product development of the alts someone sell a lot of Link`s and retail traders buy it. the bars on the volume indicator are almost reach the level of the previous highs when the dump happen. It`s a HUGE VOLUME, so pay attention to the short scenario which i marked on the chart. 🔥How can this happen? The price break the trading renge where the key level is the top of the range. After the small pullback the price break it again and reach the closest value (resistance) area of $8.61-8.91. 📈I think that the price after the return to the trendline can break it down and reach first value (support) area of $6.96-7.13. 📈If Bitcoin also starts falling it push other alts to the support areas, so in this case Link can fall even to the second value area of $6.30-6.57. 💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
4
LINK - Channel-Breakout Points To Further Determinations!Hello, Welcome to this analysis about CHAINLINK / LINKUSD on the 12-hour timeframe perspectives. In recent times important developments are going on within the cryptocurrency market as some Altcoins seem to stabilize after the massive bearish exaggerations that emerged within the Cryptocurrency Market. Now there are some coins that already managed to form substantial breakouts and to complete pivotal formations, one of these is Chainlink which I am going to cover in this analysis. Therefore I am looking at all the determining factors such as price-action, the formational structure, the upcoming development-possibilities, and what should be considered once Link has shown up with the central volatility. Formational Structure: As when looking at my chart we can watch there how Chainlink recently completed a determining formation with a breakout above the boundary, this formation is the main bull-flag-formation and as Chainlink moved on to breakout above the upper boundary this completed the formation. Technically the breakout now activated the initial target zone marked in orange in my chart within the upper-boundary-zone of this paramount ascending-channel-formation. Furthermore Chainlink has fundamental supports within the whole structure above which it is likely to hold as these are building a substantial base and support-cluster for Chainlink to build upon. Upcoming Determinations: Taking all these factors into the consideration Chainlink is now about the main supports determined by the upper boundary of the channel-formation, the major-volume-support, the 20-EMA and the 40-EMA. All these supports are holding the established volatility above the breakout-zone and are likely to hold further within the next times. Once Chainlink reached out to the initial target-zones marked in orange in my chart it will be highly crucial how Chainlink moves into these zones because if Chainlink should move into the zones with high volatility this will be the incentive and source for further continuations which will be determined by Chainlink moving forward within the Wave-C-Extension-Zone. In this manner, thank you for watching the analysis, all the best! "Trading effectively is about assessing possibilities, not certainties." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
7
100$ link ? huh ? HEY GUYS link 100$ ? is that possiple yes it's f possiple =============================================== link have a nice wave 1 to the hole way to 60$ and we hace a nice abc zig zag in big wave w and another zig zag up on wave x and we in 5 waves down rn to the end off wave y okay let's do it again wave on start from 1$ t... and we hit 60$ here start wave 2 correection wxy and it will end around 2-7$ and will start a big wave 3 and i expect this to hit 100$ because if this was a real wave 3 so it should be so big be cause watch the lenth off wave 1 wave 3 is bigger so this oculd hit 100$ at lest . and we have a 2 more wave the 4 correction wave and the 5 umpulsive wave i will update them later ========================================= why i think this gonna go up ? 1-elliot waves 2- as we now crypto for the s&P markets the etf etf have one more wave up as btc and it already did a nice zig zag correction so expect it to pump on any momunt 3- us dollar was rising so high and it got a 4 waves we in wave 4 correction rn on us dolla so aftet this finish us dollar will do one more move up that will make crpto dump aftert that us will enter and nice correction for weeks 4- the RSI IS over the over sold ========================================== that's al lwhat i have hope u enjoy it
by moad-legend
#CRYPTO BULL MARKET IS OVER? #LINK Technical Analysis showsThe crypto bull market is over. Most bulls are still in denial or talking about a 'major cycle'. No.. I will just use text book simple TA to explain. See for example weekly chart of #LINK one of the major coins: 1. Long term uptrend broke. 2. First sell-off 3. Back to normal 4. Lower highs 5. Distribution range (wyckoff market cycle) 6. Lower high in range 7. Next is a break the low/support 8: Target is the next big support level and can be calculated by flipping the range..
Short
by Jusstinb
#Chainlink Recovers, will LINK Bulls Propel Prices above $8?Past Performance of Chainlink Currently, Chainlink prices are steady versus the USDT and BTC. Even though the dominant trend is bearish, there are signs of strength and shifting momentum. Nonetheless, this isn't dismissive of bears. While LINK has added nine percent versus the USDT, the coin is still below the middle BB. At the same time, the push higher is with markedly low trading volumes, with support clear at last week's lows at $6. #Chainlink Technical Analysis Sellers are in the driving seat even if there were encouraging gains over the weekend. The primary support line is at $6. If buyers push higher, ideally above the middle BB and $8, LINK bulls may flow back, reversing the losses of May 11 and 12 as a double bottom formation forms. In that case, the coin may surge to $12 in the medium term as prices bottom up. However, reversals of May 28 and 29 gains below $6 would offer LINK traders more opportunity to ride the bear wave towards $4 as sellers push for new 2022 lows. What to Expect from #LINK? The technical candlestick arrangement in the daily chart suggests the downtrend is slowing down and bears are exhausted. Since prices are still below the middle BB and immediate resistance at $8, bulls have to overcome these lines for clear price definitions. Resistance level to watch out for: $8 Support level to watch out for: $6 [b ]Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
The New Chainlink Cycle Has StartedThis could very well be the new Chainlink channel before breaking the 8/1 Gann Fann and going to all time high. So as you can see from the two yellow circles this channel is becoming pretty important for link. Last time we hit the bottom of this channel it was the Covid crash March 2020. 791 days later we had the same thing happen capitulation crash to the bottom of this channel and so far things are looking pretty good, we keep closing weekly candles above it . The BTC/LINK time sequence is now officially started, check out this TA below . From here onwards Link has now started its new cycle, a potential rally could take it as high as 20 dollars this year , before rolling over at the top of this channel going into 2023. The next BTC/LINK sequence is now April 2024 which lines up with Bitcoin halving and March 2024 time Fib you see in this chart. It is possible that during the period April -March 2024 chainlink will break the 8/1 Gann Fann and start its parabolic move upwards and break all time high. Target for late 2024 would be 185-200 dollars.
COINBASE:LINKUSDLong
by Sporia
6
LINK/USDT - Potential Short ScenarioHello Traders! LINK movement within the descending trend began to accelerate, which may indicate the soon completion of the falling phase. If we take the correction of the cryptocurrency index (Bitcoin) to $20,000 - $22,000 as a basis, we can assume that the zone of interest of buyers will be below the current price marks. A suitable price range for asset recruitment in the medium term would be the in the $2.83 - $4.60 zone We should start the intake of the asset closer to the support level of $2.83, in the range of $2.83 - $3.32. The profit-taking targets in medium-term purchases will be the price levels of $6.86 and $8.38 Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
Short
by UnknownUnicorn10064030