LINK/BTC looking bullish!- held 200 weekly MA
- bounced off trendline (yellow)
- bounced off support range (green box)
- weekly Stoch RSI oversold and about to cross up
- great fundamentals.
If we break out of the year and a half long consolidation (yellow triangle) we might visit the ATH. Good luck!
LINKBTC
LINKUSDT , We should wait ...Good Evening guys
LINK is one of the most powerful project that is working on ...
(if you need any information fundamental about any coin you can send us messages in private)
According to the chart, the price after impacted to the resistance is fell down and now its in minor support zone area, if it cant support in here the price can drop more to reach lower PRZ level.
Previous analysis :
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Abtin
LINK Buy of a lifetime (Analysis) 🐂LINK is forming a solid pennant that it's been respecting since September of 2020. I believe the earlier pump was simply deviation, and that the real breakout is still coming. A buy at the current price ($20) is further supported by the Stoch RSI, where each time it's bottomed out has been a great opportunity to buy. Based on the fib retracement from the last pump to the last low there is big resistance right around where a breakout from the pennant would be. Breaking this area although difficult would mean clear skies for the bulls. I'm currently looking for buys in this region with a stop loss outside of the pennant, the risk to reward ratio is too good to pass up.
That's also only considering the price action, this isn't considering the utility LINK brings to the table. I won't go into too much detail here, but in summary, it facilitates the transfer of data between on-chain and off-chain smart contracts which is essential for real-world applications. If curious look into the relationship between PayPal and Chainlink. The long-term value of LINK is undeniable, I am very bullish.
LINKUSDT Technical Analysis💎 LINKUSDT has been rejected by the support zone. The large green candle shows that the bulls can potentially push the price much higher. However, we might see a pullback after the pump
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💵 Invest Only 5% of your Portfolio
🎳 Entry/Pullback now or from 20.61 - 18.67
☕️ TP1 22.79
🍺 TP2 25.40
🍻 TP3 28.04
🍾 TP4 30.97
🍷 TP5 33.85
🍸 TP6 37.00
🍹 TP7
🎁 TP8
🚫 SL 18.47 - 16.51
Good Luck 🎲
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Link - keep an eye on these scenarios!Link is down 60% in the last few weeks. At the same time, there have been huge liquidations. There is a lot of volume at the bottom, which is a good signal. It is also worth noting that a trend line has been formed and the price is moving towards it little by little.
A false breakout of $15.3 or a breakout of the trend line would be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
LINK/USD - 2018 PTSD bearschizo bros, rise up!If we get the brutal 3 year bear run, these are the levels I plan on buying LINK. Veterans of last bear run would not be shocked if we saw 90-98% drops on major coins, regardless of their fundamentals.
This is my plan - obviously not advising anyone to follow suit. I will however say it is a good idea to have cash handy for these possibilities.
Green - accumulate
Orange - Buy with size
Purple - Sell house and car to all in.
(exception is if the project dies, otherwise I think these bags would make me a happy man in the next bull run.)
LINK - Outlook ✅Let's see how LINK is behaving.
This is a 1D chart.
Bollinger Bands are expanding while the price pushes down on the lower band. (This is a bearish sign)
The Fib retracement shows that the price has already passed the two main supports and turned them into resistance. (This is another bearish sign)
The market is showing Sell volumes for LINK. (Another bearish sign)
One support area is holding the price up in case of sudden crashes. And two resistance levels are pushing down on value.
The RSI shows that LINK is oversold. It tried to go back up to the 50 levels (center) but again got rejected. And now it's going down again for another dip. If you're holding, there's nothing to worry about because this support has the potential to keep the price up.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $18.45
Let me know your ideas.
Good luck.
Critical Situation on ChainLink ChartThe Crypto market is now suffering from an intense drop since Bitcoin fell down below 52K level. And now a huge Head and Shoulders pattern formed on the ChainLink weekly chart. The bullish and bearish scenarios depend on the very important key level at $15 - $16. If this support level breaks down the next important level to test will be around $10.6 and in case of losing this level the H&S pattern will be confirmed and the pattern projection will be around $3.9. In another bullish scenario, the first key level at $15 - $16 will be held and the price will bounce at this level so we can expect to test the two important resistances ahead in order to achieve higher targets at $76 and $110.
Chainlink (LINK) - December 3Hello?
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(LINKUSD 1W Chart)
9.8711250-14.9592563 or higher: Expected to create a new wave.
In order to continue the upward trend from the current position, it must rise above the 29.4553707-32.1285728 section.
If it falls from the 20.7294159 point, it may fall to the 9.8711250-14.9592563 section, so you need to think about countermeasures.
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(LINKBTC 1W Chart)
The 0.0003950 point is important as it has moved down from the uptrend line (2).
Therefore, if it falls from the 0.0003950 point, it may fall to the 0.0002195-0.0002757 section, so you need to think about countermeasures.
If the price remains above the 0.0003950 point and deviates from the downtrend line, it is expected to rise.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Link - breakout as a good buying opportunity!A trend line has formed on the LINK chart. It is worth pointing out that the price has made re-low its lows several times. And a big volume appeared on the bottom. This is a good signal for the continuation of growth. In case of a breakout of the trendline, there could be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
#Link Usdt Buy Setup Cryptonfutures = Is Our Official Channel Go and Join For Quick Update
$LINK/USDT (LONG)
Leverage: 3-5x
Already made us a fortune with previous entries, but this Sicilian setup for a good old gem is about to 10x that
ENTRY
23.30 to 24.70
OTE: 23.93
TARGETS
25
25.50
26.20
27
28
29.50
31
32
33
34
36
38
SL
22.09