Link LINKUSD - Ascending channel + next wave profit target! - Link is very bullish on the weekly time frame.
- If you take a look at RSI we can see, that this oscillator is ready for another pump!
- Previous swing high acted as a support + bottom of the channel!
- Target is top of the channel or 0.618 FIB trend-based FIB.
- We can spot an ascending channel forming on the weekly timeframe .
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
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LINKBTC
ChainLink (LINK) - October 19Hello?
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(LINKUSD 1W Chart) - Medium to Long-Term Perspective
Above the 9.8711250 point: the uptrend expected to continue
(1D chart)
Resistance section: 29.4553707-32.1285728
Support section: near point 20.7294159
It is important to maintain the price above the 23.0423632-24.7440907 zone to move towards the resistance zone.
A break above the resistance zone is expected to accelerate the uptrend.
If the decline is from the support zone, it could be near the 14.9592563 point, so trade with caution.
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(LINKBTC 1W Chart) - Mid-Long-Term Perspective
Above 0.0002195-0.0002757 section: expected to continue upward trend
(1D chart)
Resistance section: 0.0005332-0.0005843
Support section: near point 0.0003799
It is important to keep the price above the support zone.
Therefore, it is necessary to check whether there is a sharp rise in the support section.
To turn into an uptrend, it must rise above the resistance zone.
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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 it is in an uptrend or in a downtrend, 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 regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of 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 yet been released.
(Because it is not public, 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.)
LINKUSDT Technical Analysis⏳ Spot
💎 LINKUSDT has broken above the Bullish flag. It is expected that it goes lower to the Pullback zone before it continues the Bullish move
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 25.26
☕️ TP1 29.00
🍺 TP2 32.00
🍻 TP3 36.00
🍾 TP4 _____
🍷 TP5 _____
🍸 TP6 _____
🍹 TP7 _____
🎁 TP8 _____
🚫 SL 22.00
Good Luck 🎲
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LINKBTCcapitulation on the way?
or deviation from long term accumulative funnel?
we shall see
tricky one
btc rampage or dip could see the btc value of link retest the lower cfork support
but alts have been holding strongly here at least some like dot which this similar pattern turned out to be deviation and it pumped straight back into the livermore type funnel
but link has been lagging vs btc for pretty much the whole year so will be interesting to see...
Wyckoff AccumulationMonitoring the formation of the Wyckoff accumulation pattern on LINKBTC price action.
Preliminary Support (PS) : where substantial buying begins to provide pronounced support after a prolonged down-move. Volume increases and price spread widens, signaling that the down-move may be approaching its end.
Selling Climax (SC) : the point at which widening spread and selling pressure usually climaxes and heavy or panicky selling by the public is being absorbed by larger professional interests at or near a bottom. Often price will close well off the low in a SC, reflecting the buying by these large interests.
Automatic Rally (AR) : which occurs because intense selling pressure has greatly diminished. A wave of buying easily pushes prices up; this is further fueled by short covering. The high of this rally will help define the upper boundary of an accumulation trading range.
Secondary Test (ST) : in which price revisits the area of the SC to test the supply/demand balance at these levels. If a bottom is to be confirmed, volume and price spread should be significantly diminished as the market approaches support in the area of the SC. It is common to have multiple STs after a SC.
Springs : usually occur late within a Trading Range and allow the dominant players to make a definitive test of available supply before a markup campaign unfolds. A “spring” takes price below the low of the trading range and then reverses to close within the trading range; this action allows large interests to mislead the public about the future trend direction and to acquire additional shares at bargain prices.
More information about Wyckoff Accumulation .
LINKBTCThe crypto pair is approaching a major Weekly support between 0.00041 - 0.00034. This demand zone acts as a major threshold between bullish and bearish price action.
If bulls could manage to protect this zone, then we are likely to see this pair once again challenge the falling resistance around 0.00062.
If we manage to climb above this then LINKBTC is likely to open new upsides towards 0.00089 initially followed by 0.0010.
However if a breach of 0.00041 - 0.00034 is seen then we are likely to head towards 0.000265 as next major support zone.
LINKBTC in STRONG support zoneLINKBTC in clear support area.
Link whales have been accumulating on dips, with huge accumulation prior to the partnership announcement with Cardano at the end of September.
The structure of this is quite clear, note also the RSI - In this scenario ideally, a bounce on support line (for the 8th time this year) and a break of trend for some real rocket fuel, there is however small potential of a drop below into the 'underground' demand zone as we wait for BTC.D dominance to fall.
Its a cheap, solid project, and is gonna be on the upward move soon.
Patient hands and bargain hunters will be rewarded.
LINK/BTC Patterns to look out for COINBASE:LINKUSD
When Looking at both patterns we can see that there is a huge similarity with how Link has been moving. Take a look at how patterns 1 and 2 are. The blue circles show similar price action and the green circles show what I think to be a potential breakout. HOWEVER, I COULD BE WRONG JUST FYI. What Im currently looking for is the price to TOUCH the 24 mark and TAKE off just like how it did in April to 52 and downtrend after May. Price is currently above the 200 ema and if it continues to remain that way it will still be bullish IMO. Feel free to like and comment!
LINK/USDT 4HOUR UPDATE Welcome to this quick link/usdt analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- link/usdt is creating this triangle pattern is our given entry can also leverage 2x to 5x most important stoploss
Entry:- 26$,26.70$
Traget:-
T1:- 27.22$,
T2:- 28.00$
T3:- 29.00$
Stoploss:- 25.45$
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my english it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
Link LINKUSD - Ascending channel + 100 USD next wave!- Link is very bullish on the weekly time frame.
- If you take a look at RSI we can see, that this oscillator is ready for another pump!
- Previous swing high acted as a support + bottom of the channel!
- Target is top of the channel or 0.618 FIB trend-based FIB.
- We can spot an ascending channel forming on the weekly timeframe .
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
linkbtc head and shoulders and bear pennantThere is a massive head and shoulders on linkbtc on 1d.
There is also currently a small bear pennant forming with a technical target shown in red.
Wait to see which way the bear pennant breaks to.
The head and shoulders technical target is over -110%. My best guess is that this target will not be met in our lifetimes.
But I'm still concerned about which way Link will go here. Link usually bleeds against BTC when BTC is going up.
LINKUSDT , We need more correction for buyingHello everybody
In here we have two sensitive zone , that the price couldnt break them
And one of the most important thing in trend that the key , the key was not break with powerful candle and until now the trend in downward
we need more correction that the price come down to the buy zone area for buying and for investor can be attractive buy in this zone and price will go up
We had a good news about cooperative of Ada and Link but because of the condition of markt , its not going up
Wait until the price show us something about change trend
Good Luck
Abtin
Link/btc 1hour update Link/btc 1horu quick update,
Ready to inverse head and shoulders and long link/btc .
Spot, and features trade.
leverage 5x to 10x
Long entry :-CMP
Traget:- 8% to 10%
And stoploss:- NA
Remember,This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading...
Than you..