Third best entry into Link OF ALL TIME (linkbtc and linketh)LinkBTC has gone against the lower limit of the weekly bollinger band twice before. Technically speaking those would be the best time to go into link versus all other major coins considering how important btc pairs are. BTCUSD has been on an absolute tear and that is why linkbtc has been brought to the base of the bollinger band.
The wicking and now green candle about to complete in some 22 hours suggest the bottom on the pair is roughly in. The massive amount of bullish divergence on the MACD and the RSI also back this up. This is now the third best entry into Link of all time on the weekly timeframe.
Link.d is also at a relative low. I made the green boxes first based on visual recognition then threw the MTF BB on and I see that link.d is against both the weekly BB lower limit and the monthly baseline. Given how well linked is poised to set ATH and how it is set to rally against BTC there is a lot of confluence saying link is going gangbusters to the upside.
Likewise link is poised bullishly against eth. It seems that for a long time there will be endless gains for chainlink. This is the second best entry against Ethereum.
I cannot, for legal reasons, guarantee anything. But when link is going to 40-50k a few years from now and you own and held the link you bought after reading this you will be glad you bought however many link you buy. This is like buying btc or link at $15-20$
LINKBTC
LINK ready to test ATH again !LINK / USDT
Chainlink just broke strong trendline resistance
We can see below 200 EMA daily was best support it has
Now i think with all these pumps in alts LINK is ready to test its ATH soon or even break it !
🚨 Daily close above trendline is very important to remain bullish
Good luck and happy trading 🌹
Link - nailed it - past 4 months = my best trading yet!Last 4 months planned pretty much went perfectly - very happy.
BEST TAKEAWAYS:
- Plan off the daily timeframe (although this is published on the 4hr :)
- Keep sharing. Whilst I would never expect anyone to trade off my ideas I hope they gave some confidence to a few folk and bots to make some good decisions. I think we all share ideas to cement our own convictions and these certainly helped me stay invested when markets looked gloomy (e.g. XRP dragging the markets down end of December)
- You can be right today and wrong the next. My prediction by end of Jan was a red month across equities and crypto. Hopefully the recent BTC 30% dip has reduced this risk for the crypto market but a 60% drop form highs is always a risk / opportunity. Either way there is potential more upside on Link - see LINKBTC
Best, Hard Forky
LINKBTC BreakoutGEMINI:LINKBTC
After Bitcoin's recent correction, LINK/BTC has started to break through its downward trend coming from its previous ATH. This very well could be a reversal with a new upwards trend starting to form.
With this coming at the same time as LINK setting a new ATH, This could potentially be the start of a massive run.
As always, this is not fiancial advice just my speculative opinion. Do your own due diligence.
Leave a comment and let me know your thoughts or other possible ideas!
LINKBTC Falling tops again, Linkshow is over. Same analyse as SNX lately, RSI show a strong rejection to create uptrend with the tops, I see it falling till oversold or close in the next days.
Buy back when RSI creates uptrend while more dips, confirm with 5min chart?
This is my personal analyse, no expert here but has seen some regularity with these while BTC is still on the move.
Very close to BB lately, 12 passing under 26 now from super high levels.
Chainlink looking to make a move against BitcoinChainlink is battling with the 21 day moving average. Any move above the 21 day ema can viewed as a bullish move. We also recently had an RSI low and the volume has spiked since. It seems to have had a strong bounce off of the support of the red support line. Be Patient, look for another bounce or a breakout above the 21 day. I would bet against another bounce as it already touched it twice.
Success is a series of small victories.
Chainlink Comeback Incoming: Possibly New All-Time-High!Chainlink is forming bullish triangle.
Chainlink is finding good support on 200 EMA .
Those two combined make up for a very reliable sign for Chainlink to gain massive bullish price movement!
In the past I've made an exact same idea in the exact same scenario whereby price eventually sky rocketed to 250% against BTC .
I highly recommend you to check this out:
At the time price tested and bounced one last time of support before breaking this triangular formation to the upside , first consolidating at first horizontal resistance and then starting a massive run.
The only difference now is that my analysis is against USD. BTC is performing extremely well and LINK is underperforming BTC very hard.
LINKBTC is back at its all-time-lows . This could be huge support but since BTC is gaining extreme popularity and institutions are STILL buying, this is not reliable price action data!
Disclaimer on bottom trendlines
A: very strong shorter term diagonal trend support
B: longterm diagonal trend support
(Both make up for the same triangular formation so it actually really doesn't matter which one you follow.)
In case you're interested, I called an another ATH on Chainlink 1 year ago:
(This shows again that Chainlink repeats its behaviour over and over again.)