Chainlink [LINK] Cryptocurrency Price Prediction and Analysis - Feb 01 2022

2 years ago
12

Chainlink LINK Cryptocurrency Price Prediction, Forecast and Technical Analysis. This analysis reviews Chainlink LINK without Chainlink LINK news or other explained fundamental analysis. This analysis is strictly technical in nature and focuses on Chainlink LINK prices action only in a live market setting.

The Chainlink LINK Cryptocurrency Price Prediction, Forecast, and Technical Analysis methods are varied. Price predictions for Chainlink LINK are developed through the use of Point and Figure, Ichimoku Kinko Hyo, and Gann Analysis. However, the forecasting and price prediction of Chainlink LINK is not limited to just those methods and theories. Chainlink LINK news and other fundamental data are almost never utilized in my analysis as it is strictly technical. Trade ideas, if identified, can be found below and present buy opportunity, sell or short opportunities with theoretical and hypothetical profit targets and stop losses identified. Any Chainlink LINK price trade ideas with Point and Figure identify the box size and reversal amount. Any Chainlink LINK price trade ideas with Japanese Candlestick charts have the timescale identified. The dates in the trade idea description are when the original Chainlink LINK price trade idea was developed. Also, I hate how Google SEO for crypto works but is necessary to attract people. So dumb.

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The trade idea from the 20th triggered and remains open and active. A new long idea was identified.
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Trade-Ideas
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($1.00/3-box P&F Chart) - Jan 20th
Buy Stop @ $17
Stop Loss @ $13
Profit Target @ $30

($0.25/3-box P&F Chart) - Feb 01
Buy Stop @ $18.50
Stop Loss @ $17.00
Profit Target @ $22.50
*2-box trailing stop after entry is hit is an optional stop
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Dollar-Cost Average - Update Oct 20th
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Buy Limit @ $21.47
Buy Limit @ $14.33
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