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LINKBTC

ChainLink (LINK) Moving Higher (160%+ Mapped)ChainLink (LINKBTC) is looking more than ready to grow strong. We just looked at the ATOMBTC chart and this one is very similar... First, we have the broken downtrend (you could also draw a descending channel here). Second, we have prices moving above EMA10, EMA21, and EMA50... In this case, LINKBTC is also above EMA100 signaling additional strength. With the MACD on the bullish zone and the RSI ultra-strong (above 60), it is clear that ChainLink is ready for sustained growth. Thanks a lot for your support. Namaste.
Long
by MasterAnanda
8
Chainlink Trend Continuation Patterns Chainlink has enjoyed a stable uptrend since the beginning of this year and there is room for more growth. In the LINKUSDT pair below, you notice how the double bottom patterns signify a bullish move. In the past 24 hours, $LINK had a nice correction and rests a little above the 50 EMA, you can also see that it is resting on the 0.382 fib line. I reckon this is a strong support system for the continuation of the bullish link this week. Invest wisely.
Long
by capitalgravity
Want more Bitcoins? BUY LINKI have drawn a rough gann fan to show possible future targets for the link to bitcoin ratio. If we re-visit the top band during the next link bubble, that could lead us to 0.005, more then 8x what it is right now. This means if you sell 1 bitcoin for its equivalent link you could turn it to 8 bitcoins in the future. Big stonks. The chart also seems to suggest a path to 0.01 is more then in the relm of possibility. Missed 10k bitcoin? Catch up with chainlink! Just my opinion and what I see, do your own research.
Long
by Spartan_Trading
2
LINKBTC a mega bullish setupHey friends, hope you are well and welcome to the new update on Chainlink.\ All time high resistance broken out: In USD market, the priceline of LINK has found a good strong uptrend line support. And broke out the all time high price and sets new all time high price level. Up-channel has been broken out: On the daily time period chart, the price action of Link formed an up-channel. There was also good support of 200 SMA at the support of channel. Now finally the priceline has broken out the resistance of this channel. SMA support re-test: Now if we take a look at Link with Bitcoin pair monthly time frame chart, then the priceline of Chainlink is testing 25 simple moving average as a support 1st time even in the history of Chainlink. Conclusion: In US dollar market, the price action of Chainlink has already crossed all time high but in Bitcoin market it has moved down at the strongest support of monthly 25 SMA. Therefore in future a very powerful rally is expected.
Long
by moon333
2
What targets if LINK hold above ATH !!Hi guys LINK / USDT ChainLink was and Still one of my favorite coins My last idea Published when it was trading at 16$ in 6-Jan Idea about : link is ready to test ATH soon You can check my last idea here 👇: Now Link successed to broke ATH however btc in dump mode thats a good news because there are high possibility now that alot of coins will follow it specially top ones that what i think If bulls hold above last ATH (20$) The next possible targets are : 23.6$ (1.272 fib) 28$ (1.618 fib) 40$ (2.618 fib) 53$ (3.618 fib) This is early plan as i said it must hold above ATH first and bulls should show strength here Finally this isn't a financial advice Good luck and thanks for reading
Long
by Babenski
8
Chainlink : Great example of a Bull Pennant PatternHello traders! Just a quick analysis and a bit of educational information on LINK (Chainlink). The weekly chart is looking quite strong and with many altcoins including Ethereum showing strong uptrends we are definately in the correct enviroment for this type of chart pattern to have a high probability of playing out. Bull Pennants are a little different to Bull Flags but are almost identical in appearance and are traded basically the same. The most important factor in identifying any flag or pennant pattern is the clear "staff" or "flagpole"; there should be a straight run upwards leading up to the pattern or it is not a valid pattern. After the straight run upward price starts to Zig Zag between two converging trendlines forming a tight wedge (it can be slanted, or even symmetrical) until the price "breaks out" above the upper trendline signifying a possible continuation in trend upwards. Bull Flags and Bull Pennants have the highest success rate out of any pattern and work extremely well when paired with long term support & resistance areas. Enter at the invalidation point of the pattern (A), second entry on the bullish retest (B). Pennants that are “tighter” have higher success rates, look for patterns forming on top of long term resistances (not below) to increase probability of success also. Pattern height is measured and added to swing low before breakout for possible target. Sometimes large size traders can generate liquidity by faking out under the pattern support as we can see on this current example with ADA. The liqudity generated by triggering stop losses underneath the pattern can fill large position sizes for whales and is a good indicator for a long once the price confirms support back inside the pennant . Some key points: • PRICE MUST MOVE STRAIGHT UPBEFOREHAND • MIN 2 Touches each side on almost symmetrical looking wedge • HIGH SUCCESS RATE • BEST ENTRY IS often when price fakes out under support • Pattern height is measured and added to swing low before breakout for possible target Chainlink (LINK) is an Ethereum-based token powering the network of decentralized oracles. The Chainlink network allows uploading information to the blockchain from any third-party services. It ensures the functioning of smart contracts that rely on external data. It is looking to have a strong year in 2021 along with other defi related projects, many are currently bottoming out. Dont forget to hit like & leave your comments if you like the idea thank you traders!
Long
by Worth_The_Ri5k
12