Chainlinkusd
Chainlink's next expected moves!Today we look at our current trend and where we might be headed. As you can see, our red circles show us the start of our down-trends, while our yellow circles show us the start of our up-trends. As you can see, it is my belief that we have just entered into a new up-trend channel. As long as Bitcoin can hold bullish levels and doesn't not have a large 20-30% correction, I believe, alts can really start moving in the coming days/weeks. Thanks so much all.
Chainlink - The Uptrend Continues.Chainlink reached an all-time high of $20 on 16 August 2020 before seeing a contraction in price down to $7.30 on 23 September. The price has spent the past few months recovering from the lows and most importantly found support at the 200 day moving average price. $LINK has consolidated in that area for the past two week before a bullish resurgence on 01 January.
Chainlink's price is now trading above both the 30 day exponential moving average (EMA) and the 200 day simple moving average (SMA) which is rising steadily.
MACD has turned bullish and the RSI sits at 54.11 in positive territory confirming the bullish sentiment.
Q1 - 2021 CHAINLINK Breakout Price Projection LINK This move is based on a log scale of our summer 2020 move up and assumes we break out in January/February. Price would put us right around $30 in March-April. Stay level headed and be ready to blast off. Buckle up! $LINK #Chainlink #Crypto #cryptocurrency.
Potential CHAINLINK Macro-Trend Bull Flag Forming!If we zoom out to the weekly chart of LINK / USD, we can see we could be forming the end of a HUGE BULL FLAG! If this is true, we are going to have one hell of a ride up next year! We need a clear breakthrough of that top trendline and hold as support. Then its ATH moon time. Stop listening to the news, and looks at the truth in the charts happening right in front of your eyes!
LINKUSDT, time to invest in chainlink. Long to 17.5 and upper.Hi friends like i foresaw in previous idea chainlink falled to 11 and lower. But from 8.3 to 11 we got strong purcheses. And for this time nothing from them are sold. So i think its long to 17.5 and 20.0 in near time. Levels thanks to x-lines indicator.
LINK 6h Will it have another chance of tasty purchases?Although with a delay and a little with trading nerves, but still, we got the long-awaited LINK per $8.80 from the previous global idea . A low is $8.05.
Our entire series of LINK ideas are attached below. We invite you to familiarize yourself with how they worked out.
What can we expect from the LINKUSDT pair now?
The rise in value above $11.56 is almost unrealistic in the near future.
Though, there is a positive . The circled flow was very voluminous and someone bought very tasty, who placed buy orders where necessary.
And if this "someone who bought" is a serious man, now we can expect once again a smooth descent of the LINK price, but not lower than $8.80. Then we can hope for a second, more decisive rebound.
If there is no strong buyer for $8.80, there will be no volumes, then the fall will continue to the range of $7 .
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Chainlink UpdateHi Guys
The price has formed falling wedge and already 2x down from ATH, you can fill your bags from here. I don't think we can go down more from here. Once the link rally started no alt coin beat it.
Link is my favorite project and my 70 percent portfolio in link. we will see ATH soon in USD value.
Targets on the chart
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Cryptosking
You just winIf BTC behaves then I think this is the ideal chainlink chart. Been seeing a lot of bearish posts on twitter lately and I'm not sure why. There has been unbelievably bullish news with chainlink this week. However, if thats not enough hopium for you, here's some more. By far the most undervalued crypto right now... load up.
LINKUSD formed Gartley | Upto 34.5% expectedOn daily chart, the price action of Chainlink (LINK) has completed bullish Gartley pattern, now it has entered in the potential reversal zone. There are also 100 simple moving average support in the potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic Gartley pattern should be:
Potential reversal or buying zone: $12.4824 to $11.4132
Fibonacci projection or sell zone: $13.3258 to $15.3716
Stop Loss:
The potential reversal zone area that is up to $11.4132 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per above targets this trade has a profit possibility of 34.5% and as per the above-mentioned stop loss, the loss possibility is 9%.
Note: Above idea is for educational purpose only.