ChainLink - Watching For A Breakout 👀ChainLink hasn't moved much since our last post. We appear to be in a descending correction we know descending correction = bullish reversal.
We just need to be a little more patient for the breakout and once it comes (and it will come), it'll make all the waiting worthwhile!
A good indication that we are almost about to reverse is that we are in an abcde descending correction and we're on the final e wave.
Trade idea:
- Watch for a strong breakout. Use the red descending trendline as confirmation
- Once price action appears, enter with stops below the lows
- Target the recent highs as first target and HODL the rest as we may see the next big bull run
Goodluck!
Chainlink
LINKUSD 13.36 - still testing - Watching for Break - Seeking 7I like lINK as a project. I am learning this as i go, and it is useful, that it seems i need to continuously recount. It does enable me to find more connections along the way. Im not sure of the social response aspect. But Link is like little digital suit wearing personal assistants. I don't see a reason why this sector would be single chain dominant. Id say it's more like little service companies for value trace and transfer.
BTC , Breaking down !?⚠️Bitcoin
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The downtrend does not seem to be over yet and it seems that the price is still tending to go to the 30k level!
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In the previous analysis, we expected the price to improve from 45k to 40k and maintain this level
But that did not happen and the 40k level was lost again with very high selling pressure
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It is no longer expected to be able to break this level
Lower Targets 36.6k
Will be 34 and 31k ..
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All supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help .
⚠️ This Analysis will be updated ...
📊 #BTCUSDT( Bitcoin )
💹 Time Frame : Daily
🔵 Personal Opinion : SHORT
🎯 Next Targets : 36600 — 35200 — 33k
👤 Saeid.Mahbob
📅 6Mar.22
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
LINKUSDT - BULLISH SIGNAL UPDATE!!As you all know, LINK is not performing well from last 6 months and according to the Chart patterns, Decending Bullish Flag is formed, Breakout formation and also indicators giving bullish signal.
Short term Trade, DYOR Before taking trade, as i'm not responsible for your loss.
RISK FACTORS:
Market/ BTC CRASH
Happy Trading :)
Good Luck!
If you like my idea, please support:
Binance Smart Chain ( BSC ): 0x69Ea86D0f6B762fC36A322b0C833D2bd04534b3d
ChainLink (LINKUSDT) MultiTF TA: 22.3.2Link managed to break its trendline, but this break is not powerful. If the momentum of the market goes up, it can go up to the level of 21$. Minor resistors are marked in red on the chart.
Resistances:
15.4$
17.3$
3D Timeframe:
⚠️ This Analysis will be updated ...
👤 Sadegh Ahmadi: @SDQ_Crypto
📅 2.Mar.22
⚠️(DYOR)
❤️ If you apperciate my work , Please LIKE and COMMENT , It Keeps me motivated to do better❤️
LINK/USDT - bullish reversal pattern close to breakoutLINK/USDT is currently right at the tip of a falling wedge after having quickly pinged the macro 0.786 fib level which makes me very optimistic about this being the bottom and seeing a successful reversal. In addition to that we can also see significant bullish divergence on the daily which ranges back to December and further increases the odds of a textbook breakout which LINK tends to have especially with falling wedges (examples can be seen in my earlier charts linked below in the related ideas section).
On shorter time frames LINK is currently forming an inverse H&S which combined with the falling wedge makes for a great reversal pattern which produces consistent results and is close to completion.
LINK/USDT 1hr:
Since LINK is a long-term hold for me I usually don't use stop losses and mainly look for prices to accumulate more but for a swing trade I'd consider one slightly below the last 0.786 ping since losing that level would render it a descending triangle breakout and likely lead to a longer bear trend.
Please note that the price projection is just that and should only guide as a visual aid for the direction I expect it to go.
With staking said to release this year this looks like a great opportunity to stock up on some LINK at a discount before the action starts.
Best of luck with your trades and let me know what you think!
LINKUSD Targets, High or Low?I'm Bullish on LINK, but which way will it go in the near future? Here are my targets for the short-medium term.
Also keep an eye on BTCUSD. So long as it's above the 20 Week SMA and 21 Week EMA, LINK could be bullish, JUST so long as BTC does not move too violently to the upside or downside.
If BTC moves too fast, it may simply outperform LINK. But if LINK is given time to do its thing, it could outperform BTC in the next 1-3 months.
Use discernment
Hi everyone.
I cannot remember a single time when I sold the bottom and was not sorry letter on that I made that decision.
Double Three:
Double three is a sideways combination of two corrective patterns*, This pattern combines a zigzag (denoted wave W), followed by wave X, and ends with a zigzag (denoted wave Y)
The wave analyst should pay attention to wave W and the end of wave Y.
*Wave W and wave Y subdivision can be zigzag, flat, double three.
LINK - Long-Term Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
LINK is approaching support in green , so we will be looking for buy setups.
on DAILY: LINK is forming a wedge pattern in blue but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, LINK would be overall bearish can still trade lower inside the horizontal support in green.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
LINKUSD 13.36 - the crossing watch - buys entered for dipHere we are at the 13.36 line. I am very hopeful we all get some buying opportunities here. id love to see the 7s again. I think id start loading up at 8. Maybe a little taste at 10. So much of what is occurring is manufactured. Participate. Russia just announced a plan basically the same as what the Federal reserve wants. That at the end of the transaction is USD. The vehicle is irrelevant Like a coupon. A stock. Ukraine just legalized it in a similarly regulated way. So even in threat of war the crypto revolution is uniting. How do we appease the Federal Reserve. What if we make a house loan on staked crypto. What if we crowd fund a government. They really wont have that and we don't have the power to stop them. We have the power to make change though. I can not wait to see what is about to emerge.
XAUUSD , Gold Time to sell or buy ?Hello friends
A little about gold
As you can see in the chart, gold is currently hitting new highs in its uptrend channel
The bullish channel started at 1677$ and has continued until now
But the Channel midline , which is priced between 1850$-1870$ , will be the most serious resistance possible
In my opinion, gold can reach the midline of the canal in the first stage, and then we have to see what will happen on the roof of the canal.
⚠️ This Analysis will be updated ...
📊 #XAUUSD ( Gold spot )
💹 Time Frame : Daily
👤 Saeid.Mahbob
📅 10.Feb.22
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
LINKBTCHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. The price had a rise and then fall forming the H&S pattern. The price was rejected at the R1 line which is the resistance created. S1 is the support area. We expect it to be supported at this area and break the R1 resistance. If this happens, the price can move up to the R2 area.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
ChainLink (LINK) Buy ZoneChainLink (LINK) Buy Zone
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BIAS
Mid-Term : Bullish
Long-Term : Bullish
Risk : Medium
Overall Market Structure for ChainLink remains mid-term bullish and long-term bullish, and currently rejecting from the long-term support.
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$LINK/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 14.1 - 14.9
TP 1 : 15.3
TP 2 : 15.8
TP 3 : 16.55
TP 4 : 17.5
TP 5 : 18.6
TP 6 : 19.4
TP 7 : 20.7
TP 8 : 22.5
Stop Loss : 13.3
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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