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Chainlinkusd

Chainlink Short Term Resistance Levels to Watch LINK/USDAs we continue to move up with LINK, here are a few levels that will likely see some resistance. To make it easy to remember, $12 (orange line) will likely have minor resistance, and our local top of $12.85- $13.00 (red line) will likely be much stronger. If our weekly Stochastic can stay strong, rise up, and give us enough momentum, we can blow through both of these. If Bitcoin starts to sharply retrace, it could be tough to continue to move up in the short term (next few weeks). More Chainlink updates next week! (chainlink wednesdays)
COINBASE:LINKUSDLong
by FiveDayCrypto
Link testing monthly pivotWe are trickling towards the end of the channel on Stinky Linky. I hodl to 100 and trade to take profits in LINK, not USD. This is my idea for the coming elections. Disregarding politics, if price action goes below the channel we are opening 9.2 and 8.5 to begin with. The fall is going to be brutal and fast going down. If we bounce from the channel make sure we get above the monthly fib pivot before going crazy on them longs. We are in an ascending channel going up. Tendency is up for now but be patient. Targets for the uppity up are 12.5, 13.8 and 15. Exit on lower lows. The long position will be full of swings with fast up and noise on the way down. Good luck to all!
COINBASE:LINKUSDLong
by Flip_Safari
6
Chainlink for the winSentiment went from ATH at 20 doll to in the dumps...overall lots of stuff happening right now, ie US elections and coronavirus. Countries are starting to tighten travel restrictions and some are outright shutting down. Chainlink certainly fell victim to a euphoric ride to the top by the crypto twitter bulls. The buying power fell however was supported heavily from 8-12 dolla. The chart looks to be showing more strength...the buyers are stepping in and we are holding a beautiful long term diagonal trend line. Swing highs are higher and swing lows are lower. Even if this chart doesn't follow the yellow line, if we hold that diagonal trend line then the march to the money will be glorious (albeit slower). Either way, more and more people are adopting chainlink, twitter is getting excited about it again and we have lots of reasons for volatility. HODL for the glory. The Content is for informational and entertainment purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. This is not financial advice nor am I a financial adviser. :)
BINANCE:LINKUSDLong
by RozeRoze
1
LINK.USDT (Y20.P4.E8).Macro.Going longHi All, note: This is a continuation post so I'm keeping this short as previous posts explains my approach for LINK. Reference links are below. OBSERVATION: > We have 3 more days for the weekly candle to close and so far, its broken the previous resistance level on the weekly; > BTC dominance has hit resistance and will likely go sideways for the next few days giving the ALTs the chance to go up; > Previous BTC posts explains why we have hit resistance for BTC, its the 0.618 macro fib level, which will be a strong resistance based on this level; > One can observe 2 of the indicators has cross over on the weekly, showing initial\potential reversal; > Looking on the daily, we can see a bottom formation taking place, represented by the orange triangle, chart below; > FYI, the green band was my previous point of entrance as it was the weekly support area which had confluence with the 0.382 fib level + a few more points, but you can look that up my previous posts. >21 Weekly EMA, similarly as BTC, acting as support, this suggest we should keep an eye on this. > Note how price has broken the 0.236 fib level on the macro. All this plus a few more points makes me think, we should be near the reversal stage soon. FYI. If you on FTX, its a good opportunity, risky but can be highly rewarding to go with LINKBULL. Sometimes its better to see a better upward trend before you jump in. All the best, Regards, S.SAri Weekly chart: Green is the 21 Weekly EMA, similarly as BTC, acting as support, this suggest we should keep an eye on this. Daily, BAT harmonic target Another bullish target using the height of the triangle Close up, 8 hrly chart, some upward pressure still there. Note the key levels, needs to hold for the next day or 2 for it to go bullish.
Long
by ssari
2
Link MID term analysis (Ward method)Overall from what I am seeing in these time frames it does NOT look like we are ready to enter a bullish trend in the mid term time frames. We are likely to trade sideways at best allowing time for the green to come out to the side and get above the white energy and the red RSI to come up above 50. At worst the green line falls with the energy and stays below it with the red RSI turning back down. This would mean downward price action is occurring and will likely continue,
by beastedz
2
LINK two waysPlease feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea. Also make sure to leave a like as it helps me out a lot! ------------------------------------------------------------------------------------------ - Uptrend - Bear flag; flags tend to break against the trend - 50MA resistance If we hold $10, we could see price going up If we break $10 the bear flag will likely follow
by Coinathlon
1