LINKBTC
LINK BITCOIN BATTLE CONTINUESIf the valuation of LINK/BTC continues to drop, I have noted a solid price floor support level. This has been a key level for nearly 2 years now! There is a slow uptrend forming over the past few weeks, and if we continue, I would expect a stronger move up in the next few weeks or so. Please feel free to follow us on Twitter, Youtube, and Telegram!
Beginning of HBAR vs LINK (BTC pairings)HBAR and LINK are behaving very similarly during the first year and a half of their respective launches, I expect this to continue in some similar fashion with HBAR.
The ratio of movement is a bit more exaggerated with HBAR than LINK did vs BTC, but the patterns share similarities.
Here's what it might look like should this similarity continue.
Previously I had an idea that HBAR was following 2017-18 LTC (versus USD pair), that has also continued to play out rather similarly. Check out the LTC ideas below:
Updated LTC comparison:
Original LTC comparison:
Please share your thoughts, comments and ideas, and thank you so much for listening! Best of luck with your charting and trading! :)
LINK/BTC Bull Flag Breakout PT ~$65LINK's recent bullish news from Grayscale is creating a significant confluence of forces inside a bull flag structure. Once this structure breaks out to upside, it is headed to $65 and from there we could see continuation patterns to upside as institutions begin to take notice of one of the more fundamentally undervalued projects in the entire crypto space with the highest network adoption.
Buying LINK here offers significant upside risk-adjusted returns that are unparalleled in the crypto space atm by any other project. Invest wisely and please do not use leverage as you will get rekt.
Link must demonstrate how important it is, or....Chainlik's bullrun has been poor and anemic compared to other major currencies such as BNB, ADA, DOT, ETH.
Usually Link is the currency that gives the most joy to traders because it's always in a bull market, however, the bulls have been focused on other currencies and they have forgotten it.
Will this be the great moment to enter?
Probably, because if it is not, we may see a link in areas that we would not like.
Link/BTC - it must reverse...Another sleepy giant, ChainLINK, will rise again if BTC will give him space to. I believe this time it will be the greatest show Link ever did.
Graph is 9Ds time frame and of course log.
This is my personal opinion, not a financial advise.
Take care of your hard made money!
CHEERS #linkMarines!
LINKBTC (ChainLink) - Coin of the weekChainlink is a platform that aims to connect the gap between the blockchain technology-based smart contracts and real-world applications. To achieve this goal, Chainlink uses oracles (a decentralized finance instrument) to feed data into smart contracts, because blockchains cannot access data outside their network. Oracles provide external data (e.g., temperature, weather) that trigger smart contract executions upon the fulfillment of predefined conditions. Currently, Chainlink has a 24h volume of $1,5 billion, ranking in the 10th place by market capitalization with a live cap of $11 billion.
LINKBTC was in an uptrend until the 10th of August 2020 when it peaked at 0,001692 BTC. Now we find ourselves in a correction that retraced the price 76,8% from the initial top. Focusing on the 4h chart timeframe, we can see an uptrend that started from January 3rd, stopped at 0,0007962 and then started to make a deep pullback. We can see 2 likely scenarios here, it will either retrace to the support area marked on the chart and then go up, or it will fall through the support and break the January lows.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
LINKLINK / BTC breaking down, my bids are at $24.51 let's see if that gets filled and also hopefully the dump ends there. ;)