LINK
LINKETH - Sat on a Critical Level, Can We Break Upward by 10%?We've got a pretty strong Buy signal from Crypto Tipster v2 today - looking at the chart it would appear we're currently sat right on a critical pivot point, the market could choose to go either way from here, or even consolidate for a short while too!
Based on the recent rebound off support @ 416 and breaking through the next level of resistance above that, we're staying positive on Chainlink for now and predicting gains of around 10% over the next few weeks to one month.
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LINK: Going to range high, or even better: 12.25Ok, we can see Link broken both of the 200 EMA and 50 EMA.
In addition, we also see the formation of higher low here. There may be a correction a bit, but overall, I project that LINK may go to the range high (~9.5), and if it's broken, 12.25 area is, I can say, programmed
BRIEFING Week #8 : Markets are still very TechnicalHere's your weekly update ! Brought to you each weekend with years of track-record history..
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LINK: market loves LINKOne look at the chart from the last week and first thought is that the market just loves LINK. This is one of the best performing altcoins during the increased market optimism which was evident during the previous week. Although LINK started the week struggling around $6,5 level, the price soon went to the higher grounds, breaching the $7 resistance and ending the week by testing next resistance at $8,0. For some time in the past, we have been mentioning that investors see high potential in this coin, and its increasing use among crypto practitioners and networks.
RSI indicator started the week below 50, but it is clearly heading toward the overbought side of the market. Currently, the indicator stands at level of 65, missing 5 points until the clear overbought market side is reached. Moving averages of 50 and 200 days started to modestly converge toward each other. There is still distance between them, but at least there is some indication that a potential cross might occur some time soon.
LINK had a strong push in price during the previous week, in which sense, if some short reversal occurs in the coming days, it should not be a huge surprise. On the other hand, there are still prevailing buying orders as of the end of the week, which might push the price even to the level of $8,5 during the week ahead. It should be taken with precaution, as short reversal also might occur, at least to the level of $7,5, with low probability that support at $7 might be tested.
✴️ Chainlink 5X Lev. (~100% to 390% Potential)My dear friends, I am back providing you with great content... The intention is to share my view and opinion and for us all to learn and be entertained.
Trolls... Stay away, this is for true followers only and responsible, adult, conscious people.
If you don't know how to approach a lev. trade then please, stay away, do your research first, study because I am no financial advisor.
This is my view of the charts and trading involves risks regardless if you buy with or without leverage/margin, crypto or stocks or anything.
In fact, most everything in life posses some sort of risk, so keep in mind that each individual human being, soul, is responsible for his/her own actions.
I am writing all this because people will troll me in the comments section saying it is illegal to share my ideas... Trade ideas... It is just that, an idea.
This can be a success or a failure... That is for the market to decide.
What we know for certain is the potential vs risk.
The market situation, how the chart is looking, etc.
We are live with 5X on LINKUSD.
I will share the trade numbers with you:
-----
LONG LINKUSD 5X
Entry: 6.10-6.60
Stop: Close daily below 5.75
Liquidation: 5.226
Targets:
1) 7.10
2) 7.70
3) 8.20
4) 9.0
5) 10.0
6) 11.5
Capital allocation: 3%
Potential profits: 390%
-----
Trading with lev. is high risk and recommended for experts only.
If you are a beginner start with spot trading and once you are successful at it for 2-3 years then make the leap.
If you want to start right away be aware that there is a price to pay to learn.
Liquidation can result in your entire position being lost.
If one cannot take a loss, one cannot trade.
Losing is part of the game as much as winning... In fact, we tend to lose more than we win overall... But we win in the end if we learn from our mistakes.
Thank you for your continued support.
Feedback is appreciated in the comments below.
Namaste.
link graphic updatelink long term scenarios:
I'll be adding updates to these posts :)
link is in an indefinition zone, apparently the sellers have reduced their offers and link can break the rectangle upwards, making a movement in corrective abc, the yellow lines are the possible bullish and bearish targets.
comment there what is your position regarding this vision; )
✴️ Chainlink Still Within Consolidation Box (165%+ Potential)Chainlink (LINKUSD) is still trading near its bottom, literally still sideways within its consolidation box.
While our leveraged trade is already way ahead in profits, the true action is yet to start.
19-Jan. ✴️ Chainlink 5X Lev. (~100% to 390% Potential)
Lets have a look at the different resistance levels.
We have 7.917 as immediate resistance, easy to takeout.
This is followed by EMA50 at 10.25, easy since we've seen other pairs flying through this barrier.
We have 12, 16 and 20... The full details can be found in the trade idea above.
Thank you for reading.
Namaste.
Link BTC - eying 90% gain - in this downward market crashBeen watching Link for quit some time - I use longer time frames. on BTC chart. we have broken the falling wedge - as long as we hold weekly above 4000 satoshi. Broken a gann fan which it has been holding for quite some time.
This is one gigantic falling wedge. but you got to zoom out to see it. sometimes less noise from the market is better - and focus on the bigger picture.
Falling wedge - Next wave major - wave 5 . But lets not be greedy - will just target 0.618 fibo range as a medium term trade.
On USDT pair - we can see the gann angles - and a very clear accumulation pattern at the current range - the liquidity pool is used to accumulate more link. Very clear to see on the current size of the volume bar. Many alts broken down and made a lower lows, while link held the gann angle well. target is around 87% on usdt to the next zone as a minimum.
In addition, link is developing quite nicely and they have stacking incoming in December.
If there is anything currently in the market - there are only 4 tokens I've got my eyes on after completing from Matic and BNB. Currently Link is one of them.
Better image attached.
Long everything?We have been making lower lows on the daily RSI since the start of the year and even though price has reached a new low the daily RSI has printed a higher low.
Bullish divergence is forming and with price sitting on this amazing support which has shown time and time again it can pivot momentum quickly to the upside I think we there is a high chance there will be a reversal from here.
Its hard to ignore how insane this confluence point is
weekly bullish divergence on the NAS100 cannot be ignored either.
Also the USDT dominance hit exactly the same level as in June 2022 , still waiting for a break and weekly close under this white support line to confirm strong relief rally.
I still think we go up from here .
BRIEFING Week #7 : Things are on track, waiting for catalystsHere's your weekly update ! Brought to you each weekend with years of track-record history..
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#LINKETH - 35% Rise Coming Off SupporttheCrypster -
A slowly closing wedge and plenty of profitable trades from top to bottom within #LINK - that's what we've had for numerous months so far; here we go again!
We're currently sat right on the lower edge of support and have received a good Buy signal from CTv2, we can see #CHAINLINK increasing somewhere between 30%-40% to the upper edge of resistance.
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LINKUSD Is it finally moving?Chainlink is consolidating around the 1day MA200, being slightly more bullish as the 1day MA50 is holding. Today's highly volatile 1day candle is evidence that the market is prepared to move higher. The Channel Down on the RSI could be a Bull Flag as it was in October.
We are buyers with 8.200 the short term Target. Next buy above Resistance A with our Target a bit lower than Resistance B at 9.4500.
In the same sense, below Support A, we turn to selling with 5.7000 our Target.
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#LINKBTC - Bust Through a Few Layers for +20%An almost perfect symmetrical triangle setup, a fresh rejection on the support test and a Buy signal from CTv2 all point toward a large upward move incoming.
There are a potential few layers of resistance to try to bust up through on it's way to the upper bound edge of this wedge but movement has historically been quite strong and we think this boldness will continue for now.
20% or more over the next month.. 👀
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LINK - greatest of the greatLINK - 1D and 1W bullish divergence. almost a year long accumulation. So what will happen now. Link should stay above red dotted line 7$ price. and then it should break orange line (above 9.4$). I am very bullish about it. But, Bitcoin 4H bearish divergence says, it could still dump a little bit. This is probably one of the safest coins to accumulate atm. DCA into it and you wont regret it.