LINKBTC
LINK to 55$ in 55 days - Altseason 2021Grayscale announcing the LINK trust at the perfect timing for a breakout.
Its like that timing for Elon pump on BTC . News come when chart is ready.
Link was already showing all the signs for a pump. And now we have the breakout.
On this Bullish Pennant , we could see it took approx 55 days for the pattern to develop.
You could expect the same lenght for the price to reach target.
1st target : 44$ (next 14 days)
2nd target : 56$ (55 days)
ChainLink (LINK) - April 4Hello?
Dear traders, nice to meet you.
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Please also ask for the "Like" clock.
Have a nice day.
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We have to see if we can get support at 27.93443133 and rise above 30.83914173.
In particular, we have to touch the downtrend line and see if we can go up.
If it falls in the 23.57736581-25.02972093 section, Stop Loss is required to preserve profit and loss.
If it rises to the 30.83914173-32.29149685 section and gains support, further gains are expected.
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(LINKBTC 1D chart)
We have to see if we can get support at 0.00051146 and climb above 0.000573.
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If you look at the charts of most of the major coins, they are either rising near their previous highs or exceeding their previous highs.
These rises are expected to rise even more when the BTC price rises above 60K and moves towards 70K.
However, if the BTC price fails to rise to 60K, it is expected that it will eventually turn into a downtrend, so careful trading is necessary.
Currently, BTC is in the period of volatility, and the coin market is in the overheating zone.
In this market situation, if you enter along with rising prices, the rate of return may be negative.
The coin price is recording positive, but the yield of the coin I bought is negative.
Therefore, if you are not familiar with same-day trading or short-term trading, it is recommended to enter when the coin price declines and then moves sideways and shows support at some point.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
Things about to get Cray Cray with ChainLinkClear breakout of equilibrium pattern on the daily to the upside. Potential pullback from the move before continuation especially if Bitcoin faces some resistance near it's All time Highs. If we pullback to the $32-30 for a retest, that would be a heck of an opportunity to load up.
In addition, LINK/BTC is has just broken out of it's descending triangle that's been in forming for over a year. My favorite setups is when the USDT pairing is making higher highs while the BTC pairing in a bullish reversal. This right now is Chainlink.
*Not financial advice.
LINK / BTC Secondary trend. Falling wedgeA falling wedge has formed in the secondary trend. The price is near an uptrend main trend. A breakout of the wedge resistance will reverse this local downtrend. To understand where the price is in the main trend and the logic of work, see my previous trading ideas and work updates (price movement development).
Coin in question: Chainlink (LINK)
Chain Link Breakout +100% ROIChain link cryptocurrency price made successful breakout in trading chart and now looks good.
price can move higher from here and it can give us really good return in short time.
You can Buy your chainlink here below 52500 satoshi and hold for good return
Buy : below 0.00052500
Stop : 20% , 0.00041000
Target : 56K , 63K , 72K , 79K
Bitcoin price today made good gain and now bitcoin price is holding above the 55000 zone which is really bullish sign.
ethereum price also in bitcoin pairs made good breakout which can send all the btc pair price higher add some here and hold some link for good gain
LINKUSDT potential buy to the 50sChainlink showing strength
The breakout of a channel could trigger an impulse upwards and make first target in approx 50s
Chainlink Bitcoin breakoutIt looks like LINKBTC will bottom out and breakout the descending triangle
Link is on his last resistance! Waiting for confirmed breakout!Link is hot right now. There is a lot buzzing on twitter and telegram and a lot of buyers and holders are waiting for a pump.
Let's see how it goes. Overall the most people are watching at 50$ it seems. So that will be a price where i look to take profits.
Have a nice day :)
LINK/USDT - wait for the entry point For breaking the resistance line I expect a deep pullback to the support line and further growth.
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
Linkbtc - short to medium termLink formed a nice double bottom the last time it was in this area that then created a strong push up. We've since seen it form a bit of a flag on this daily retracement which seems to have found a bottom at the resistance turned support of the double bottom.
Risky entry -- at the daily support that it's sitting now. The stop would have to be under the channel
Safer entry -- a break and retest of the descending triangle as it shows buyers are officially in control.
A descending triangle carries an inherently bearish bias since it's creating lower highs. However, where and how it forms needs to be taking into consideration. Meaning, if it forms as part of a downtrend it's most certainly bearish. BUT if it forms as a part of an overall uptrend / flag it can go either way.
I'm not interested in a short on this as the target sucks. However, the long targets are great imo.
Link Bullish!I do believe, with a clean break on the current resistance line, This is the last time we will see link at the low levels of $27. Next big resistance is the $31 which we will be testing this week as $BTC continues its upwards momentum!
Bullish Divergence RSISeeing bullish divergence on the 4 hour time frame, as well as an upside correlation with BTC at the moment. It is likely if BTC moves up or stays sideways we will see a breakout to the upside. However there has been a bearish correlation with BTC on the legs down, meaning we will fall harder when BTC has a leg down. Probability is finally on our side Marines!
LINK: CUP AND HANDLE confirmed, FALLING WEDGE formingHello Traders,
We are looking at the 1 hour chart of Chainlink.
As we can see, a cup and handle formation has formed which is considered a bullish signal.
Furthermore, also a falling wedge is forming / has formed.
Wedge patterns have a tendency to break in the opposite direction from the trend lines.
Which makes this signal a: bullish/bearish
b]leave your answer in the comment section!
This is not financial advice, I am not a financial advisor.
Click the like button and more ideas will follow.
Thanks.
ChainLink (LINK) - March 27Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a nice day.
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We have to see if we can get support at point 27.22.
We need to see if we can move up the 30.0234-31.4251 interval to turn to an uptrend.
If it falls, we need to see if it can rise along the uptrend line (4).
If it falls between 23.0148-24.4165, a stop loss is needed to preserve profit and loss.
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(LINKBTC 1D chart)
It remains to be seen if it can rise above the 51146 Satoshi point along the uptrend line.
The next volatility period is around April 20th.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
Link price action Not much to say bullish or bearish currently, but watching closely as BTC trends towards the upside again.
🔥 LINKBTC 🔥 +50%What is LINK (Chainlink)?
Chainlink is a cryptocurrency aiming to incentivize a global network of computers to provide reliable, real-world data to smart contracts running on top of blockchains.
If you’re unfamiliar, smart contracts are agreements programmed to execute if and when certain conditions are met. To date, smart contracts have been used for everything from creating novel crypto-financial products to developing new crypto assets.
However, an issue that has persisted is that most smart contracts need to rely on some kind of external data source to properly execute their terms.
For example, smart contracts seeking to replicate bonds or insurance agreements may need access to APIs reporting on market prices or Internet of Things data.
Chainlink was created to address this issue by incentivizing data providers (called “oracles”) to act as a bridge between blockchain smart contracts and external data sources.
Every oracle within the Chainlink network is incentivized to provide accurate data since a reputation score is assigned to each. Further, when nodes follow the software’s rules and provide useful data, they are rewarded in Chainlink’s cryptocurrency, LINK.
Arriving amid a crowded field of projects in 2017, the Chainlink team has so far been able to deliver on its vision, expanding efforts beyond Ethereum (ETH) amid a surge in market activity.
As of 2020, Chainlink is seeking to support all blockchain-based smart contract networks.
Users seeking to stay connected on the current development status of Chainlink can follow its official project tracker for up-to-date details.
** Do your own research And... never forget... "Buy low, Sell High"!!!
See you Tomorrow!!
Miguel
