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Linkust

Chainlink Giant Rising Wedge formed.Rising wedge target is back to top of chainlink accumulation range at 9.3. Clear rising wedge pattern with two touch points top and bottom. We are coming up to the Chainlink fib sequence I have been using for years it has a 100% win rate at predicting Chainlink events , major moves , bottoms or tops. Last Fib time hit was the Big move down in May 2022 marked a major bottom for LINK. Next one is April 22nd 2024 and anything can happen for LINK around this time , its interesting also that it lines up with the Bitcoin halving. LINK/BTC Link has failed to break this level time and time again and until this level is broken I don't think we will see a major move for LINK. It is possible that coming in 22nd of April we get a big move down for on LINK/BTC to test the 1/1 Gann fan again, yellow circle you see on the chart. If thats the case then expect a major move down the fact that we are forming such a massive rising wedge with only 60 days from the next count is telling. I also get a two different Fib time dates on 22nd April the one use see above is completely different start and end points yet the 618 falls on the same date. Maybe LINK breaks the resistance on this date and moons or maybe it crashes and bottoms , who knows! all i know is that the next date after Aprill 2024 is May 2027 so best be ready for anything .
COINBASE:LINKUSD
by Sporia
8
Whats happening with Chainlink?To say that the trajectory of Chainlink in the past eight months has been anything but surprising would be an understatement - unfortunately, the surprises have not been in the coin's favor. Despite having one of the strongest fundamentals in crypto, its pattern, price range, and movements have been quite unusual in my opinion. It has broken all trend lines and channels from its genesis, and there are no historical patterns to compare it to. Last year, I was setting up for one of my biggest trades with Chainlink, as the price was perfectly aligned with my Fibonacci time sequence. However, the FTX black swan event occurred, and since then, it hasn't quite recovered like the rest. You can check out those failed TA's under "Related ideas" below. While other coins in the market have seen massive rallies of hundreds of percentages, Chainlink hasn't done much, only up 33% from its lows. This brings me to a new channel that I will be testing out this year. If anyone has any other channels from genesis, please let me know by clicking on the link below. There isn't much to go on with Chainlink until we break the resistance seen below. It's been 245 days and four attempts, but we've never managed to close above it. The LMACD on the 3-week timeframe is showing momentum coming up, but the price is going down, indicating that divergence is building. The LINK/BTC dominance chart has always been the most crucial chart to trade Chainlink, as you can see from the chart. Currently, we're sitting in the same place before we had a massive run of 124% in price back in January 2020. The resistance was broken at one point, and we even closed a weekly above it, but then failed to hold it as support due to the FTX black swan.The big Chainlink move comes once we have a clear break from this resistance, which it has been stuck under for 917 days. Using this Fib time sequence, we knew that the bottom was in for Chainlink. I have been using this Fib sequence on the dominance for years, going back as far as 2019 when i was trading LINK I used this channel. For the past 280 days, the price has been ranging, and there have been a lot of good trades in the $5 dollar range. However, now we want to see it break out!
COINBASE:LINKUSDLong
by Sporia
8
IS LINK PROCESSING A CHAIN REACTION ???Happy New Years! fellow traders. Today we consider the trading pair, LINK/USD From the chart above we can see LINK price is in an ascending channel, tho not the most parallel one to the eye, but it fits. Taking a look at our RSI, each time value entered the oversold region, a bounce occured right away, also aligning with price returning back to channel support and bouncing as well on each correction wave. Currently in it's wave 4 correction wave, Price seems to have bottomed out, tho currently below channel support!!! Should price fail to close a candle inside the channel, Downside is $13-$10. However, if we do succesfully reclaim the channel, which i think we will, we will most likely see $200 Link, earlier than anticipated as well. If you agree with this idea pls leave a like as well as your thoughts in the comments section. As always, feedback is appreciated.
COINBASE:LINKUSD
by RektMyMom
LINK / BTC - Binance (4H)I’ll try to re-buy on the first interesting candle from the watch (on the screen 4H). According to the indicators, the trend is still very upward (without much easing and discrepancies), so checkmate. waiting in our direction. You can try to put a limit on 27,000 sat, in case of a quick spill • Goals and stops on the screen —- In general, LINK paired with the dollar follows the scenario that I described in yesterday’s video. The range of $ 2.5-2.6 currently looks like the edge of all growth from $ 1.5, at least before a good correction. Powerful news. Together with Intel, Hyperledger, EntEthAlliance and others, we are pleased to introduce the new Trusted Computation Framework, which uses public blockchains, data and trusted Chainlink computing to stimulate the implementation of corporate blockchains. twitter.com
Long
by IgorPorokh
1