LINK /USDT Bullish Divergence,High Demand and Potential Bull Run💎 There is a bullish divergence in the MACD indicator. This discrepancy suggests a weakening of the downtrend momentum and a possible trend reversal.
💎 We have seen a break of structure following the previous downtrend. This break indicates a shift in market sentiment, potentially leading to a bullish phase.
💎The current price of LINK is situated within a high demand zone. The combination of bullish divergence in the MACD, a break of structure, and the presence of a high demand zone suggests an increased likelihood of an upward movement in the price of LINK.
Disclaimer: This is Not Financial Advice ❗️ Trade at Your Own Risk ⚠️
LINK
Chainlink (Link) formed Gartley for another price reversal moveHi dear friends, hope you are well and welcome to the new trade setup of Chainlink (Link) with US Dollar pair.
Previously we caught almost 30% pump of LINK as below :
Now on a daily time frame, LINK has formed a bullish Gartely move for a massive bullish reversal move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
BRIEFING Week #23 : Ticking TimeBomb on CryptosHere's your weekly update ! Brought to you each weekend with years of track-record history..
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BRIEFING Week #22 : Crypto Volatility ExpectedHere's your weekly update ! Brought to you each weekend with years of track-record history..
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✴️ Chainlink Classic Falling Wedge PatternAsk anybody or everybody around and they will all agree that the falling wedge is one of the most reliable patterns to spot on a chart.
This is a bullish pattern and once you have it well mapped out, it is sure to play-out.
On this LINKUSDT chart we have a falling wedge pattern already breaking bullish, so the breakout has already taken place.
Yesterday we had a full green candle which by itself is a bullish signal but what is more interesting is todays candle, it has a long lower wick and is about to close green.
This tells us that sellers did show up and tried to push prices down but the bulls bought everything back up.
As the candle/session/day closes green we get two additional signals; The RSI closing above 50 and the break as resistance of EMA21 and EMA10.
This is no surprise for us as we've been bullish all along... But having these signals on the chart, inspires me to open up a 10X long.
The rest is for the market to decide...
We will know how it went based on the results.
Many the wins, only a few loss.
Namaste.
ChainLink End Of The RoadChainlink has posed a challenging cycle thus far, with an extended period of sideways accumulation for over a year. However, the time has now come for the asset to make a move. The Gann Fan indicator illustrates that there is limited room for further sideways action, with three rejections of the 1/2 Fan occurring in the last two years.
If we do break out of this range, we must either move downwards or make a significant upward move, which will likely last until late June 2023. At this point, a move to the 1/1 Gann Fann level with 20 dollars as the maximum price increase seems the most plausible.
Looking at the facts, the monthly histogram for LINK indicates a building momentum, with lighter closures suggesting a potential shift in trend. Additionally, LINK has experienced four straight months of weekly lower highs since the start of the year. My hypothesis is that we will reach a peak in June 2023, which lines up with the predictions for LINK based on the chart below:
The USDT dominance chart has completed its 5 waves and ABC correction, with the final wave most likely to start next week once the yellow support level is broken
Furthermore, the Bitcoin Dominance chart has also completed 5 waves and is currently experiencing a rejection of the 8/1 Gann Fan, indicating that alt season is likely on the horizon.
If Link fails to break the 1/2 Gann Fann level to the upside, the downside target would be HKEX:5 , though this scenario has a lower chance of playing out at the moment.
BIG DAY TOMORROW (BITCOIN BTC)Someone please tell me, "this time it's different." Come on, I dare you, lol.
Tell me, who wants to rent my crystal ball?
It's a mirror, literally a mirror, with comments going all the way back from that crystal ball TA that "this time it's different" because of the "macro environment." Haha, what garbage.
We longed PICO bottom.
For the traders who are not in denial, let's break it down.
We've been following a Fib time sequence from 2019 that could play out like last cycle.
0.5 Fib time to 0.618 is the pocket where you get pivots in the market. As you can see, last cycle, 0.5 Fib time marked the reversal for the final wave of the relief rally.
What are the chances that both last cycle and this cycle, 180 days out of the cycle low, we get both 0.5 Fib and symmetrical triangles? Tell me, what are the chances? Tell me, please, that "this time it's different," all the way up to 50k.
Tomorrow is a big day. We either complete the mirrored pattern which at this moment, I believe there is a much higher chance we break to the upside or we begin a crashing structure back down to 15.5k.
So, we nailed the two biggest moves of 2022, and my macro streak is still alive, the first macro prediction this year.
40-50k Bitcoin top for this year sometime late June to mid-August 2023.
Invalidation would be weekly close under 0.382 Fan Fib.
LINK - It is timeLink has been consolidating in the same tight zone for 330 days. After that long period of accumulation, I predict the move up will probably be large and sustained for at least 2-3 big legs up.
The problem is that we've had 3 fake-outs where price closed above $8.5 and then dumped hard right after. With that in mind, I plan on buying the next time LINK closes above 8.5 and cutting my losses if I see it close back below the support/resistance (S/R) zone highlighted in red, meaning below $8.
If the breakout is real, a I think and hope it is, then I intend to take profits between $19-20, and keeping the rest for the possibility that LINK becomes a beartime runner again, like last time.
BRIEFING Week #21 : Let's do our Regular Update !Here's your weekly update ! Brought to you each weekend with years of track-record history..
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🔥 LINK Bullish Channel ReversalLINK has been trading inside this bullish channel for nearly half a year now. The price has found support during last weeks' sell-off and seems to be reversing today.
Since there's still some uncertainty in the market whether we go up or down, I'll keep my targets close, see blue lines.
BRIEFING Week #20 : Still Waiting for a Price SignalHere's your weekly update ! Brought to you each weekend with years of track-record history..
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Ribbit: $0.000 000 0 275 | one Meme to Link em All yes.. phase 3 or 4 in the playbook of the issuer is to integrate other meme coins
and DOMINATE the space
kinda like how LiNK aggregates or collects big data for curation
or how OPEN Ai ChatGPT sucks all the data across the world wide web and
turns into something COOL
depressed for allocation
playing dead for mis direction
fair launch at 100% float pre arranged for designated members of community and believers
Ribbit it GOOD
--
Cap: $11M
Designated Dealer: Bitget
Stabilizing Agent" MEXC ETH wallet: 0x0577d84512c5b834F9FB4a4cA5b9fCd3f18f2351
-
note:
exchange PETS (coins) in the meme sector go to $300M to $500M in one cycle
LINK: Channel UpChainLink (LINK) technical analysis:
Trade setup : Price is trading in a Channel Up pattern. Swing traders can trade the channel (Enter near support, Exit near resistance channel trendline).
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $7.00, which it broke, then $6.00. The nearest Resistance Zone is $8.50, then $9.50.