ChainLink Update...Still on the Sideline.BINANCE:LINKUSD
Still patiently watching Link since my potential short set up idea;
A very crude head and shoulders pattern forming at key resistance zone.
Trend line could be close to breaking.
Before taking any trades i think we need to see some kind of decent move in either direction.
Shorting here with so much buying pressure close to our entry doesn't not offer great R:R potential and longing into key resistance does not appeal to me.
A substantial break out above it and longing a retest of structure above it does.
For now Link is still on my watch list while i keep my fingers away from buy/sell buttons :)
For spot buying Chainlink to add to my stack I'd try and stay patient and wait for a retest of low $4 range.
My previous potential short;
Chainlinkusd
Has ChainLlink Got The Juice to Push Higher?BINANCE:LINKUSDT
Can Link continue to resist the drag net of Bitcoin and find new highs even if and as BTC lags??
A long play for me at this point is a break and retest with bullish looking p.a around the boxed area $4.80/$5.00ish
Be interesting to watch this weekend, especially if big moves come for BTC...up or down.
Long zee LINK!L BINANCE:LINKUSDT
Looking for a long set up on LINK 1H.
A retest and wick rejection from the 4.65 boxed zone.
1:1R At what would be our newly formed 1H 'Higher High' and 1:2R at Daily resistance.
Stops below roundy bottom and impulse drive that broke somewhat significant resistance.
Updates as this plays out.
Monthly Close for Chainlink after Volume Fell To All Time Lows Does three months of trailing volume indicate no interest, or traders waiting ready to pounce on positions as soon as LINKUSD finds support at the ATH level?
The first week of July may reveal which way LINK is going for the rest of this month.
Chainlink Preparing To Smash Its ATHSo much can be said about LINKUSD. Current price action is testing a long-term trendline revealing a huge consolidation triangle with the ATH.
LINK nailed our target a week ago...
...which set up a tightly coiled spring for another test of the ATH range.
Study that chart and imagine all the traders who are eager anticipating a mega break to the upside.
Short-term moving averages reveals strong continuation momentum (dependent on bitcoin not taking another surprise distribution nose dive).
SparksterSignals is bullish on Chainlink. Chainlink will be added to our platform soon.
Heiken Ashi Reveals Strong Momentum In ChainlinkThe ATH has been defended by bears... but this only makes the bull run sweeter. Applying a Heiken Ashi chart reveals the current positive momentum on the monthly chart. Soon enough we expect traders taking long positions as LINKUSD enters new price discovery mode.
CHAINLINK / USD (LINKUSD) DailyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
This is not trading advice. Trade at your own risk.
LINKBTC CHAINLINK INVERTED H&S PRIMED FOR SHORT-MID Sorry to keep it short & sweet with another quick 2 publications today! I promise I"ll make a nice fat juicy/lengthy one tomorrow :)
TIMEFRAME: Mid.
RiSK/REWARD: LOW/MID
Everything you need to know is on the chart including the stop (included 2 figures)
Personally I'm going for TP2; CHAINLINK has been and will be one of the more promising tokens ushering in 2021 & is (much like MIOTA/CARDANO) one of those "game-changing" tokens that burst onto the scene & quickly breached the top 50 mkt cap....and became self-evident it was there to say.
Not posting any stonks (not anytime soon) publications so don't hold your breathe though I will include XAU/XAG LONGs when I can catch a breathe FFS (or some sleep =*( )
Peace & Love
-@a1mtarabichi
Disclaimer
These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.
LINKUSDT (ChainLink), short to 3.666, 3.617.Hi, friends. Today i want to analyze ChainLink. Picture simple with bitcoin situation. We have big volume of newly open positions above 3.83 and involved bulls with closing after. Targets for bears 3.666, 3.617.
Levels thanks to X-Lines indicator. Volume analyze with X-Volume script.
Waiting your likes!
Chainlink: Bearish Pattern and Divergence 4H (Apr. 27)X FORCE GLOBAL ANALYSIS:
In this analysis, we explore the extremely bearish technicals demonstrated in Chainlink's (LINK) short term charts.
Technical Analysis
- The first thing we can spot is a bearish divergence, in which prices create higher highs and indicators create lower highs
- The Relative Strength Index (RSI) shows a clear lack in strength with lower highs
- The Moving Average Convergence Divergence (MACD) also shows lack of momentum with lower highs
- We can see a textbook ascending wedge pattern, which is interpreted as a bearish reversal pattern in an uptrend
- Counting Elliott Triangle Waves (ABCDE), we can see that wave E has completed its formation, and we can expect a breakdown
- Bollinger bands are narrowing, which is a sign of a potentially big move.
What We Believe
Based on the bearish technicals suggested, we believe that Chainlink's bearish probabilities are extremely high for the immediate term.
Trade Safe.
LINKUSD: Scalp LongCaught a little short from $3.82, thinking about long now. New range low is around $3.5, set bids there.
Link is bullish, further downside is possible but highly unlikly (at least with the current BTC PA)
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Information is just for educational purposes, never financial advice. Always do your own research.
LINKUSD: POP Strategy is up 60%+ and still holdingI'd like to note that my Pop strategy is up 60%+ to date and 120%+ year to date.
Drawdown is just ~4%! But the number of trades in 4 months is relatively small too.
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Information is just for educational purposes, never financial advice. Always do your own research.
LINKUSD: Scalp shorting bullish trend It's on resistance and so on but this steady growth is so bullish that I want just to smash GREEN BUTTON to join linkmarines army hehe
Ok, don't be short here, but I'd like to try to catch a wick into $3.8 - $3.9 zone and open scalp short.
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Information is just for educational purposes, never financial advice. Always do your own research.
LINKUSD: Approaching resistance [again]Duh, was going to buy it yesterday (as I described in my idea) but I was aiming for $2.9-$2.8 and price missed my bids = [
What we see on the chart, price still moving in channel $3.4 - $3 (12%), good range for scalps.
But I'm just observing now, honestly I'd be better short $3.8 (or $3.6 at least) now than 3.4. I think if link will close daily above $3.5 if could try $3.8 with a big chance.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.