Chainlinkusdt
LINKUSDT, time to invest in chainlink. Long to 17.5 and upper.Hi friends like i foresaw in previous idea chainlink falled to 11 and lower. But from 8.3 to 11 we got strong purcheses. And for this time nothing from them are sold. So i think its long to 17.5 and 20.0 in near time. Levels thanks to x-lines indicator.
LINK 6h Will it have another chance of tasty purchases?Although with a delay and a little with trading nerves, but still, we got the long-awaited LINK per $8.80 from the previous global idea . A low is $8.05.
Our entire series of LINK ideas are attached below. We invite you to familiarize yourself with how they worked out.
What can we expect from the LINKUSDT pair now?
The rise in value above $11.56 is almost unrealistic in the near future.
Though, there is a positive . The circled flow was very voluminous and someone bought very tasty, who placed buy orders where necessary.
And if this "someone who bought" is a serious man, now we can expect once again a smooth descent of the LINK price, but not lower than $8.80. Then we can hope for a second, more decisive rebound.
If there is no strong buyer for $8.80, there will be no volumes, then the fall will continue to the range of $7 .
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LINKUSD formed Gartley | Upto 34.5% expectedOn daily chart, the price action of Chainlink (LINK) has completed bullish Gartley pattern, now it has entered in the potential reversal zone. There are also 100 simple moving average support in the potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic Gartley pattern should be:
Potential reversal or buying zone: $12.4824 to $11.4132
Fibonacci projection or sell zone: $13.3258 to $15.3716
Stop Loss:
The potential reversal zone area that is up to $11.4132 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per above targets this trade has a profit possibility of 34.5% and as per the above-mentioned stop loss, the loss possibility is 9%.
Note: Above idea is for educational purpose only.
Chainlink mid-long term analysis. Ready to moon?In depth description is given within the text bubbles on the chart.
Overall the technicals are looking very bullish and are indicating that we are still in a long term bull trend.
If you don't hold link I would look to accumulate on any dips. Im expecting some sort of shakeout to occur before going up but it will be just that, a shakeout meaning you will have to be on top of getting your buys in.
If you are looking to get in a margin long before sure to follow me as I will post good entries for those too... last one we got in right at 11.50. The best time to get in these margin trades is during the shakeouts when you can catch them.
WARNING: I POST THIS AS "LONG" BUT ON A MID TO LONG TERM TIME FRAME. If you want the best entry you will need to be weary of lower time frames as well. Be sure to follow me and like my ideas as I will give good entries on these shorter time frames and post relevant updates within my publications.
ChainLink - $LINK - Let it play out...No one goes into the market thinking they should buy at the high and sell at the low. The problem is that at the moment when faced with the ups and downs of the market, it’s hard to resist the urge to do those things.
Trading is all about spotting emotional excesses either to the downside or the upside.
You want to be on the right side of those emotional reactions and not the wrong.
#LINKUSDT: I'm SHORT/BEARISH position up until ( GREEN BOX ) Fibonacci retracement levels 50% ; .618% I expect that $LINKUSD will rip down.
This would mean that CHAINLINK will lose more 50% of its current value against USDT Tether before it can recover.
Well, I keep you updated as this timely issue evolves.
If you want to win in this market, you need to be COLD and CALCULIST.
Good luck!
#LINK #CRYPTO #LINKCHAIN #CHAINLINK #ALTSEASON2020
$BTC $BCH $BNB $XLM $EOS $ETH $ADA $LTC $TRX $XRP $IOTA $LINK $XTZ $BTT $XMR $NEO $BTT $MATIC $XMR $MRK $XEM $ONT $DASH $BAT $ZRX $LSK $NANO $REP
#altcoins #bitcointrading #BuyTheFear #BuyTheDip
Link (ChainLink) at major resistance on the weekly candles ChainLink (LINK/USDT) is at major resistance on the weekly candles.
As a swing/hybrid trader I trade 90% of the time on the longer time frames (4h, 1d and weekly candles)
So, no stress, relax trading.
When we look at the resistance levels for Link we can see that Link is at a major resistance.
Only based on those support and resistance levels we can see, if Link breaks this resistance level the next resistance will be at 16.7 and 19.5
My targets for the long run:
- 16.7
- 19.5
- New ATH (All time high)
StopLoss,
I have for the moment a very close Stop Loss at 12.
There is a good change that we will go back to the 9 ich support level before we break through the 13 ish level.
This will all depend on BTC. If BTC goes up or consolidates we can see a break through. If BTC drops, Link will also drop to the support level or even lower depending of the drop.
Never loose a winning trade. Profit is profit.
You can always buy it back when it falls back on the support level or when it breaks the resistance.
!!! Stick to your trading plan and put your emotion into your refrigerator when you start trading ;-)
Sheers,
LINK opportunity for new highs?Hi all,
this is my first public analysis.
These 2 years in crypto have learnt me to focus on simpler strategies and to detect the right moment for entering an interesting positions.
Bullish triangle in a form, maker higher lows and waiting for breakout.
According to my patter I would wait for this bullish pattern to confirm by breaking out of the zone.
I would appreciate your comments on the idea.
Many thanks and happy trading!
Chainlink for the winSentiment went from ATH at 20 doll to in the dumps...overall lots of stuff happening right now, ie US elections and coronavirus. Countries are starting to tighten travel restrictions and some are outright shutting down. Chainlink certainly fell victim to a euphoric ride to the top by the crypto twitter bulls. The buying power fell however was supported heavily from 8-12 dolla. The chart looks to be showing more strength...the buyers are stepping in and we are holding a beautiful long term diagonal trend line. Swing highs are higher and swing lows are lower. Even if this chart doesn't follow the yellow line, if we hold that diagonal trend line then the march to the money will be glorious (albeit slower). Either way, more and more people are adopting chainlink, twitter is getting excited about it again and we have lots of reasons for volatility. HODL for the glory.
The Content is for informational and entertainment purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. This is not financial advice nor am I a financial adviser. :)
Link NEAR term analysis (check this if you want an entry)I will update this idea when I think there is a "cleaner" opportunity to enter a long position. If you check my short term idea then you will see those time frames are looking bullish but we want a good entry using the NEAR term time frames as well to maximize profits.
Link MID term analysis (Ward method)Overall from what I am seeing in these time frames it does NOT look like we are ready to enter a bullish trend in the mid term time frames. We are likely to trade sideways at best allowing time for the green to come out to the side and get above the white energy and the red RSI to come up above 50. At worst the green line falls with the energy and stays below it with the red RSI turning back down. This would mean downward price action is occurring and will likely continue,