Chainlinklong
Chainlink confirming a breakThe accumulation on this trading pair has been strong and the chart has been one of the best charts in the cryptocurrency market through out 2019 and 2020
The RSI has regained EMA being pulled into the EMA and pushing off (Beautiful)
I believe is going to be one of the biggest gainers over the next two years, comparable to ETH in 2017
Chainlink $LINK - Keep your Eyes open. Personally, I would prefer a move to $2.4-$2.34 before we move higher again, but we'll see.
The move to $2.34 happened with bullish divergence.
It's time... Are you ready?
I've placed a stop at $2.24. Reaching that level would impy that we can see bearish continuation.
Keep your eyes open!
$LINK #CRYPTO #Chainlink
LINK - #CHAINLINK - $9.5 long term target in $LINK
$9.5 long term target in $LINK
Short term:
We're patiently waiting on +$8
That level will be your golden opportunity for a move
Moving below $1.97 would invalidate the short term count and give us a bearish warning.
It also doesn't help that the chart I used (binance) differs from the current one (coinbase). Fucking scam wicks! And that's not the first time that I see that on binance. But we'll see how it goes... Only thing that matters is that we don't lose the Sep low! IMO
I expect one more push before we retrace again. But don't worry, this is normal. Patience!
$LINK #CRYPTO #CHAINLINK
LINKUSDT forming bullish Shark | A good long opportunity aheadPriceline of Chainlink / US Dollar cryptocurrency is forming bullish Shark pattern and soon it will be entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 1.7689 to 1.7263
Sell between: 1.8130 to 1.9038
Regards,
Atif Akbar (moon333)
LINKBTC Has Completed Bullish Setup | A Good Long OpportunityIn the month of Sep 2019 the price action of Chainlink took the power full bullish divergence and after making upto 131% bullish move now the price action has formed a falling wedge which was initiated in Oct 2019.
Now the price action is likely to bounce from the support of this falling wedge in the meanwhile the priceline is also getting bounced from the lower bands of Bollinger bands before hitting the support of pattern and Bollinger bands support the moving average convergence divergence (MACD) was strong bearish now it has turned weak bearish and Stochastic has given bull cross from oversold zone the relative strength index was also oversold and now turned bullish.
On 4hr chart the Exponential Moving Averages EMA 10 an EMA 20 are giving bullish signals by forming golden cross and lifting the price action up:
The price action might have some price correction coz it has made sudden up move after hitting the support however the price action will hit the Fibonacci projection of tail to support of the channel between 0.382 to 0.786 Fibonacci soon so we can set our sell targets between:
0.00029175 to 0.00033581
So it is upto 34% profit potential trade, however we should set our stop loss using support of this falling wedge in case of complete candle stick closes below this support area.
Regards,
Atif Akbar (moon333)
Chainlink Expected To Give Buying Opportunity For Upto 50% GainsAfter forming the Shark pattern in Sep 2019 the price action of Chainlink took a very powerful bullish divergence form the potential reversal zone of this bullish Shark and made more than 107% bullish Move Upto Nov 2019 the price action starting moving within a falling wedge which is very steep and at this time the price action is hitting the resistance of the wedge the long spike on 18 Dec show that the bears are very weak $1.73.
The pricline also has hit the Bollinger bads’s lower band support and the Bollinger bands is expanding to pave the way for Chainlink’s priceline.
Volume profile of complete falling wedge is showing less interest below $1.73.
On 12hr chart all indicators are bullish and if we see on day chart the price action is at the support of Bollinger bands.
Moving average convergence divergence (MACD) is giving bullish signals by turning weak bearish from strong bearish.
Relative Strength Index (RSI) was oversold now turning bullish and Stochastic has also given bull cross from oversold zone.
Where we should buy?
The question is if the price action is hitting at the resistance then where we should buy? Coz there are chances that the price action again move down to hit the support again.
The answer is that here we should wait for the price action to breakout the resistance and then buy coz after breakout the price action can take more bullish move atleast upto POC of volume profile which is at 2.21 and it can also hit the projection area of tail to support of wedge from 0.382 to 0.786 Fibonacci which is from $2.25 to $2.84
In this case our stop loss will be the resistance of this wedge coz once the priceline will breakout the resistance then the same resistance will be playing role of support for the price action.
Regards,
Atif Akbar (moon333)
LINKUSD formed bullish cypher | A good long opportunityPriceline of Link / US Dollar cryptocurrency has formed a bullish Cypher pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 2.25367 to 2.22120
Sell between: 2.27844 to 2.33996
Regards,
Atif Akbar (moon333)
LINKUSD formed bullish Shark | Upto 42% movePriceline of Link / US Dollar cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 2.28867 to 2.06581
Sell between: 2.48814 to 2.94519
Regards,
Atif Akbar (moon333)
LINKUSD forming bullish BAT | A good long opportunity aheadPriceline of Link / US Dollar cryptocurrency is forming bullish BAT pattern and soon it will be entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 2.55092 to 2.57797
Sell between: 2.64015 to 2.73950
Regards,
Atif Akbar (moon333)
LINKUSD formed bullish Gartley | A long opportunityPriceline of Link / US Dollar cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 2.30520 to 2.25215
Sell between: 2.34697 to 2.44721
Regards,
Atif Akbar (moon333)
LINKBTC formed Butterfly | A good short term long opportunityPriceline of Chainlink / Bitcoin has formed a bullish Butterfly pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00030331 to 0.00029923
Sell between: 0.00030648 to 0.00031415
Regards
Atif Akbar (moon333)
Chainlink - LINK - There we go, Next stop? MarsUpdate $LINK
There we go, we've reached $2.20!!
Next stop?
I did a detailed count of the move since 14 Sep. last study
> $2.32 would confirm more upside
< $2.10 bearish alarm
Zooming in tells me that it will push higher and the move even starts to look parabolic.
I expect that we will see some resistance here. So, I won't be surprised to see some kind of retracement.
Use that retracement as a buying opportunity!
LINKBTC formed bullish Shark | A good long opportunityAfter formation of bullish gartley pattern the priceline of Chainlink / Tether US cryptocurrency has formed another harmonic bullish Shark pattern and it is entered in potential reversal zone to hit the sell targets soon insha Allah.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders here.
We have a strong support of 100 simple moving average within the PRZ area but Stochastic is oversold and did not give bull cross and MACD is strong bearish so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00020778 to 0.00020611
Sell between: 0.00020986 to 0.00021383
Regards,
Atif Akbar (moon333)
LINKUSD formed a bullish Shark | Upto 29% expectedPriceline of Chainlink / Tether US cryptocurrency has formed a bullish Shark and it is entered in potential reversal zone to hit the sell targets soon insha Allah.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders here, but Stochastic is oversold and did not give bull cross and MACD is strong bearish so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy.
I have used Fibonacci sequence to set the targets:
Buy between: 1.5555 to 1.4583
Sell between: 1.6668 to 1.8874
Regards,
Atif Akbar (moon333)
LINKUSDT has formed bullish butterfly | Upto 65% profitPriceline of ChainLink / Tether US has formed a bullish butterfly pattern and hit the spike in potential reversal zone.
RSI has still space to drop more.
MACD is strong bearish.
Stochastic is likely to give bull cross soon.
Volume profile is showing less interest of traders.
Coz the RSI has still more room to drop and MACD is strong bearish therefore I am expecting that the price action will give another chance to buy within potential reversal zone insha Allah, moreover I will recommend for secure trade we can wait for MACD to turn weak bearish or stochastic bull cross then buy.
I have used Fibonacci sequence to set the targets:
Buy between: 1.7628 to 1.4966
Sell between: 1.9694 to 2.4694
Regards,
Atif Akbar (moon333)
LINKBTC formed bullish shark | Upto 34% expectedPriceline of ChainLink / Bitcoin has formed a bullish shark and entered in potential reversal zone.
RSI has still more room to enter in oversold zone.
MACD is strong bearish.
Stochastic RSI is oversold but did not give bull cross.
Volume profile is showing less interest of traders here
I will suggest to wait for MACD to turn weak bearish or for stochastic RSI bull cross then buy.
I have used Fibonacci sequence to set the targets:
Buy between:0.00018785 to 0.00017210
Sell between: 0.00020077 to 0.00023158
Regards,
Atif Akbar (moon333)
Chainlink is at Psychological LevelThe bears succesfully pushed their paws downwards. The price is now sitting at $1.50 which seperates the bears and the bulls territory. $1.50 was proven to be a strong resistance and it is being tested as a support right now.
To go below this price is highly unlikely. The price is moving through a falling wedge and we are at the apex. Moreover, we can see 200 MA daily is holding the price.