You can clearly see teh bull flag, breaking resistance at the moment
Bullish month Chainlink? Currently trading at $20.00 Stoch Rsi = Bullish Rsi = Neutral > Bullish Macd = Neutral > Bullish
Let's say that wave 5 is incoming on LINK... 20$ would be a decent target. Higher highs are optimistic but still potential. Keep on Keeping on. Wave IV was a flat most likely A - Flat B - Zig zag C - Impulse
COINBASE:LINKUSD retracement not giving up more 50% of yesterday's range.
Hitting a Macro Support. I drew many areas of interest out on the chart for places to look for the price to turn and move about. Pretty Straight forward. We are coming off a major support while the rsi is forming an uptrend. I dont know much about the fundamentals of this token, this is more for the TA specifically. Please Comment! Absolutely Not Financial...
BINANCE:LINKUSD Is LINKUSD (W) a Davas box pattern with volume exploding as the price breaks the box upward? Use fibonacci extension levels to find the take profit
Chainlink is an Oracle network that services various blockchains, protocols, and projects within Web3 and the broader cryptocurrency industry. Oracles provide a way for blockchain-based systems and protocols to access data that exists outside the blockchain. For example, Ethereum can compute each account’s balance of ETH tokens, but it cannot compute the price of...
Potential for a corrective wave Watch for price action to break into the cloud Either T/P at $15.50 or enter long Confluence hourly through 4 hour chart Daily shows a little overvalue just looking for some support to ramp higher Negative correlation relative to BTC, so it slooks like chainlink is lagging or creating its own vibe DYOR Give thanks always #charptorn
There is a head-and-shoulders formation in the Chainlink (LINK)/USD parity, which is forming in the 4-hour time frame and has a very high possibility of a downward break. One or two 4-hour candles closing below $18.30 will confirm the breakout and a pullback may occur to $16.70. Additionally, the target of the formation, $16.70, has been a strong resistance for...
I havent posted a link chart for a while because it was simply consolidating in a range. As we can see it formed a bull pattern on the weekly and recently it broke out. The measured move comes up to 30 bucks before we have another consolidation period.
After countless wicks above the pink channel on the daily time frame, link finally broke upward with authority and has already reached the channel’s measured move target. Once we switch to the weekly timeframe shown here, we can see that channel is also a very valid looking weekly bullflag and the measured move target for the bullflag Breakout is $25.30 or so. Now...
Chainlink has seen a significant surge in momentum over the past few days, fueled by various speculations about potential developments. However, when we delve into the chart technicalities and set aside external noise, we uncover a fascinating narrative: Chainlink has been in an accumulation phase from May 2, 2022, to the end of October 2023. This phase marked the...
COINBASE:LINKUSD shot above high 4 days ago. Trending higher. DYDD.
Wyckoff Buying Climax: This is a technical analysis concept proposing price manipulation by large institutions to accumulate shares before a breakout. It involves specific price and volume patterns. Identifying a true Wyckoff buying climax is challenging and subjective. Observations on LINK/USD: The recent price increase from $6.50 to $18 is significant, but...
After moving back and forth between $13 and $17 for three months, the price has now surpassed the $17 resistance level, suggesting a potential increase to $20, marking an 18% upside. It's advisable to set a stop loss at $15.90 and keep an eye on price alerts. ChainLink (LINK) was our recommended coin pick, and it has seen a 110% increase since our initial report...
Link crypto seems to be breaking from this range. There is also higher highs in the making.
This is my first "idea" but i wanted to share it. It has already been pointed out by niko1923 that the 1H chart is completing a cup & handle pattern now but it's more than that. It is actually nested within a VERY BULLISH inverse head & shoulder pattern in the 1W chart. The 1W chart for LINK/USD is comleting an inverse head & shoulders that started back in...
LINK has been sitting in this zone between $13 and $16 for a while now. Accumulation phase seems to be ending. Looking for some good expansion next. More utility than a lot of tokens with higher market caps tbh.