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.
LINKBTC
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.)
LINKBTC to the MOOOOON? Cup & Handle appearingDo cup and handles work on a hourly chart of this length? If so then maybe we are in a cup and handle for LINK/BTC.
I dont know what the correct calc is for the Target price for profit taking, but if it is anywhere near the depth of this C&H then THE RICHNESS :)
LINKBTC - Is This The Bottom? The Wedge Must Decide!This is not financial advice - I am a noob and I am just learning TA.
LINKBTC in a wedge on the Daily chart - it has to break out of this long term downtrend line and start a move towards the 50MA.
Indicators are showing signs of strength forming:
Volume increasing,
OBV trending up + 9MA flattening out,
MACD crossed and pushing up.
RSI especially trending up.
On the daily - looks like we’re seeing a double bottom forming - bouncing right off a long term support at around 36000 sats.
If the 36000 level holds - we are looking to see LINK breakout over this long term downtrend line and close the gap towards the 50 MA before we are really looking at anything bullish.
If the 36000 level fails - we are looking at 33000-34000 as the next support but could go lower if BTC continues to boom. Eventually - LINK will gain against BTC and we will get paid off, barring anything unusual.
We may a lso see a head and shoulders pattern develop here with a neckline at 47000 - with a dip to 33000 and back up.
If BTC goes sideways for the next few days/weeks - we may have a good trading opportunity here.
I'm also hodling so - I'm in it for the long term ride :)
Lets see how it plays out.
My plan to accumulate Chainlink!!! It's good idea!!!Waoh, this it's my own expectative that I hope in Chainlink, Chainlink it's a new proyect so younger that investor considered that Chainlinn it's the next Ethereum!!! And also, I belive in it that Chainlink it's the next Ethereum cycle. For that, I considered it. But the most important that today I Want to show you it's the best advantage to continue accumulate Chainlink, but look, this it's not the chart against the dollar, it's the chart against Bitcoin and my way to accumulate Chainlink it's making trading and pick up some profits to invest in Chainlink, because I see that Chainlink have a strong possibility to make a re-valorization against Bitcoin in the future later that Bitcoin it's ending the bull rally, did you know, it's called the altcoins rally or common called alt-season.
For that I invite you to look this chart and my model of forecast.
For that, if you save your own 0.01 BTC and imagine that Chainlink goes a litle more at 0.00032 satothis, with 0.01 BTC you can to bought approximately 31 Chainlink coins, but that it's so good becuase if you hold Chainlink and apply this strategy and imagining that Chainlink make a cost of 0.01 BTC, so, this it's your own potential to earn 0.31 BTC. and that it's so good. For that reason, look, if you're interesting investing in Chainlink, you will need be smart what you bought, becuase each satoshi have over vaue than altcoin and for that, I'm pass with Bitcoin first to accumulae more satoshi to bough a good quantity of Chainlink maybe 150 Chainlink making trading consistent.
And also, there's another strategy with the ratio LINK/ETH that it's so good. but for that I'm so enfocous in this ratio LINK/BTC becuase each satothi and Bitcoins have over value than another ratio of altcoins.
If you like this idea to have any plan to accumulate satoshi and then accumulate altcoins portfolio to be ready to the next huge altseason, this it's your opporutnity to look and be visionary in Chainlink or my favorite cryptocurrencies or your cryptocurrencies.
Link to do in months what took Bitcoin YearsThis is basically become the Crypto Fractal in my mind for most crpytos (Except XRP of course). As a fractal we should expect a lot of similarities with high correlation but expecting a 1:1 repeat is sheer foolishness.
Major Dissimilarities first:
Link is moving faster than bitcoin
Link spent less relative time on consolidation (no prolonged descending triangle)
When Bitcoin ended consolidation it was more impulsive than link
Bitcoin had a lower low on the Eve while Link had a lower low on the Adam
Bitcoins Eve was rounder than links
Major Similarities and Predictions
The blue trendline is a Signiant source of support in the relative long run (months for link, years for btc) and a loss of support lead to the Adam bottom. PREDICTION : When Link breaches it again it will be an area of consolidation before continuing the parabolic move upwards.
The orange horizontal line will need to be breached on Link before the uptrend can proceed with gusto. A breach and retest of the orange trendline on Bitcoin heraled the bull run. PREDICTION : link will likewise retest the orange trendline as support before it goes parabolic
The Black Trendline was predominately resistance on bitcoin before it flipped to support. That flip to support was a major bullish signal. PREDICTION : Likewise with Link except what took 3 months might take 3 weeks.
Further that, it appears that linkbtc is against the weekly Bollinger band lower limit and so far in the whole chart history that has been an advantageous position to buy link over bitcoin. Between here and there it might go up and down but the over all trend is upward for link/btc. We might double test the lower limit of the weekly BB, we might struggle to find support on the baseline, but it it time to accumulate link.
Conclusion
In the short term there a lots of longs to be taken in bitcoins favor, but for the next cycle link appears to be the bet for easier gains to the upside than bitcoin.
LINKUSDT (Symmetric Triangle Breakout in day chart))#LINKUSDT(Day chart) Technical Analysis Update
Symmetric Triangle Breakout in a day chart
LINK/USDT currently trading at $15.80
Long Entry-level: $ 15.30 to 16.00
STOP LOSS: Below 14
Target 1:$20.00
Target 2: $30.00
Target 3:$.45.00
Max leverage: 2X
ALWAYS KEEP STOP LOSS...
Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and Comment your thoughts.
Chainlink (LINKBTC) Once in a lifetime opportunity Chainlink is a decentralized oracle network that aims to connect smart contracts with data from the real world. LINK is the native token that is used to pay node operators. We will see a good rally in LINK. LINK is now at weekly support and the wicks show price rejection. That's a great opportunity to buy LINK and hold for maximum returns.
Buy Zone: buy below 0.0004
Target: 0.00045-0.00051-0.00058-0.00068-0.00081-0.00099-0.00125
Altcoins to buy in 2021: Road from 0.05 to 2.5 BTCSince everyone is asking what else to buy than BTC, let's have some fun and try to turn 0.05 into 2.5 BTC in less than a year by investing in altcoins!
I have selected 13 altcoins to invest in, where I believe the average potential exceeds 10x within 12 months (End of January 2022), which would turn 0.05 BTC with 5x leverage into 2.5 BTC. To earn BTC, we will be trading against BTC, rather than USD.
Here is our initial distribution
LTC 0.025 BTC
ETH 0.025 BTC
IOTA 0.025 BTC
OMG 0.02 BTC
EOS 0.02 BTC
LINK 0.02 BTC
ADA 0.02 BTC
XLM 0.02 BTC
NEO 0.02 BTC
AAVE 0.01 BTC
SUSHI 0.01 BTC
VET 0.01 BTC
UNI 0.01 BTC
Total 0.235 BTC
We will be adding to and subtracting from these positions, primarily by analysing the total altcoin marketcap. Pullbacks in the marketcap will be used to take profits and increase positions.
Comments are welcome and bring trading luck!
LINKBTC turning bullish?At the bottom there seems to be a major price level, that we seem to be bouncing of again, although to be certain I would wait for another green weekly candle. If we bounce of, we could get stopped at previous ATH which sits at around 0.0016BTC, if we break that level, according to fibonacci extension, the price would target 0.003BTC. In today's BTC worth in USD, that would put the price of LINK to around 55$.
LINK - is it finally time??Link has finally broke out and successfully retested both the trendline and the 50EMA which puts Link in a strong uptrend
Waiting for a close above 14.3 - which will probs be in the morning as I need some sleep lol
Close above that key resistance and hopefully we can run to the previous ATH
Also confluence on the link/BTC chart where it has successfully bounced from the key level on that chart, where last time that bounced caused it to run to it's current ATH and from a much lower starting value
See you in the morning Link...