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Chainlinkusd

LINK two waysPlease feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea. Also make sure to leave a like as it helps me out a lot! ------------------------------------------------------------------------------------------ - Uptrend - Bear flag; flags tend to break against the trend - 50MA resistance If we hold $10, we could see price going up If we break $10 the bear flag will likely follow
by Coinathlon
1
Trading diary- Public trade 01- Chainlink trading 01I have finished my very first bot that has a very peculiar strategy. My strategy isn't to maximize profit, but rather minimizing risk. I have backtested it and it has been ready since July or august so I haven't been trading because I didn't have an entry. My strategy is very simple: I long when my bot tells me to long and I exit once it tells to exit. I don't short. Maybe in the future I will work on something, but the idea here is to make as much profit as possible effortlessly. The idea here is to make a public diary. I entered the trade around 10.80. My bot is still under construction, this is just the mvp , I will be improving it on the go. My target is around 80-100 usd within the next 5-6 months. The trade gets invalidated if we close below 7.36 for at least a month. On the picture below you can see my guess of what is going to happen. Just a reminder, it is just a GUESS, I don't and I won't trade on guesses, I trade once a few conditions are activated, this is just for entertaining and marketing purposes :) I, Pepe Giovanna have a dream!
Long
by CryptoWarudo
2
LINK.USDT (Y20.P4.E7).What's next?Hi, *** This is another continuation post (v2) from the previous one, as per my posting methodology where I like to link the trading story where its applicable *** Link supplied below: Just before I dig into my thoughts, Peter B gave out this tweet which said: Charts do NOT predict prices. No form of TA predicts prices. Charts suggest the path of least resistance Charts provide a means to determine the risk of a trade Charts offer help in timing Charts offer POSSIBILITIES, not probabilities and certainly not certainties MY THOUGHTS: ==================================================== Note: Log on chart is not enabled. As per chart, we see the following: a) A possible Wedge breakout or channel breakout; b) The weekly support line (green band) had confluence with the 0.618 retracement, if I recollect correctly. Refer to my previous posts. c) For BTC or LINK in this case, to break a major resistance level, being the next fib level as well, it might require a buildup. As you can see, I have the place 2 fib levels, macro and minor levels. Currently the resistance is at the minor level and my focus. d) I'm looking for a ABC impulse move or what I think is more likely a Elliot correction wave of ABCDE as a bottom formation, hence a bullish pattern. This area does lean towards a bottom formation but its yet to be confirmed and its in line with my thoughts on BTC, a ranging price where there is a key resistance (BTC 11400 to 11600). e) I see the red line most likely scenario, on what little money I have, I will buy that dip, if BTC demonstrates something similar as well. f) If LINK hold this $10.3 level and accumulates, then the blue arrow path is likely, but if it drops below $10.3, then that black band ($9.6) is likely to be revisited, hence forming another lower high, potentially and agreeing with the thesis of my yellow ascending triangle. What are your thoughts, bullish on LINK? Please give me a tick or like for this post. Regards, S.SAri 8 HRLY Chart, using the EMA ribbon for confluence with the fib levels to equate support levels. PREVIOUS POST:
Long
by ssari
2
LINKUSDT getting interesting. Here are my levels...I was watching for the market to hit 7.0 but it undershot the price and rallied, which I think is a good sign. Now we are finding support at 9.0 which was a previous inflection level. Where to next? If current candle closes near its high (bullish candle), I'd bet we would see at least a small leg up. If buyers got the strength, we should see a re-test of resistance just above 11. A daily close above that would be interesting (to say the least). Check out the 4HR chart below and see if it doesn't excite the chartist in you... :)
Long
by thedailychartist
1
Chainlink (Link) Is Completing Setup For Next RallyHey friends hope you are well and welcome the new update on Chainlink DeFi token. On the daily time period chart the priceline is moving in a down channel. The price action of LINK is rejected by the resistance of channel and 100 simple moving average at the same time. The priceline is already moving below the 25, 50 and 100 SMAs and has strong support of 200 SMA at the same level where we have the support of down channel. Therefore there are chances that the price action of Chainlink may take another bullish divergence from the support of channel. The priceine of Chainlink is completing final leg of bullish BAT and soon it can entere in potential reversal zone. The targets as per Fibonacci sequence of bullish BAT pattern can be as below: Potential reversal or buying zone: $7.17 to $5.53 Fibonacci projection or sell zone: $11.10 to $17 Conclusion: The priceline is rejected by 100 SMA and the resistance of the channel, therefore it can test 200 SMA support and the support of the channel at the same time and complete the bullish BAT. After this bearish move we can witness another rally to the upside. The potential reversal zone of BAT pattern can be used as stop-loss as well.
Long
by moon333
3
Link in Ascending Triangle! 20% Profit.LINKUSD - Short Term We are looking to buy at the uptrend line or buy the breakout. Trade will be canceled if the uptrend line get's broken. Our outlook is bullish. We are trading within a Bullish Ascending Triangle formation. A break of 11.230 is needed to confirm follow through bullish momentum. The bias is to break to the upside. Our profit targets will be 11.860 and 12.458 20 and 50 EMA uptrend is active. Resistance : 10.800 / 11.230 / 11.850 Support: 10.500 / 10.100 / 9.905 Signal Centre
KRAKEN:LINKUSDLong
by Signal_Centre1
5
LINK.USDT (Y20.P4.E5).TA.Entry level is hereHi All, This is a continuation of my previous LINK.USDT post, link supplied below. On my last post for LINK, you will note in the last entry in the update section, I entered this chart and the green zone, as part of the weekly support level. A good level/zone to re-accumulate. Unfortunately I didn't get filled at $7.20 price as my bottom but I did get filled at $7.45. We will see if this was the bottom for LINK in the coming days. For now, people would more likely short LINK and many of the ALTs as there are plenty of opportunities, if I have time, I will post which ones I have done and still looking at. I do have BTC.dom to go up a little further but one can't be so confident what that means for some of the ALTs. With LINK, I'm going to accumulate to going long. It might drop further more but as they say, no risk no reward. If you look at the RSI on this chart, it does support my thesis. At this point, I can't see a deeper pullback at this point, but one never knows. Please give me a tick or like for this post. Regards, S.SAri The SHORTING opportunities were given. Hence why I have shorting at this latest level but its likely to be a reversal pattern stemming from this.
Long
by ssari
3