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LINKUSDT (Descending Channel)#LINKUSDT Technical Analysis Update Wait for the Descending Channel breakout LINK/USDT currently trading at $13.12 LONG ENTRY: Only enter long after Descending Channel Breakout in 4h chart STOP LOSS: I will update once I see a breakout in 4-hour chart Resistance level 1( Target): $14.60 Resistance level 2 (Targe ): $15.90 Max Leverage: 4X ALWAYS KEEP STOP LOSS... Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and Comment your thoughts
Long
by GreenCryptoTrades
Chainlink getting very intersting again LINKBTC getting very interesting again. You may ask why key point! 😊 - Chainlink has been bouncing on 50 Weekly MA ever Since April 29, 2019 - Trendline intact from 29 April 2019 until now every time we get a big run. Price always Tend to come back and test the trend line. - July 30 2018 ChainLink Bullrun started and RSI weekly never been below 44.87 every time it came down and touch look what happens with the price. - We have TD Sequential count on sell 7 so coming 3 weeks should be very interesting - Stouch RSI about to flip Positive.. on weekly which is big deal. Everytime Stoch touch 2.36 point look what happen next to the price. Scenario 1: Price keeps the bull trend and we continue with uptrend which I also expect. So I would recommend buying below 0,0072 sat and hold Target on the chart. If u wanna play safe wait for positive flip on stoch RSI weekly, Ifish smooth flip green and RSI bounce. Scenario 2: Price break the trend and close below 50MA weekly ur next buy target would 0,00050k sat which is 200 weekly MA And exit target would be 0,00070k area. Break above 0.00070k sat again = back to bull mode!! rejection would lead long bear market. Highly unlikely scenario
by CryptoUltron
2
LINK fakeout got me rektSo as I've said in my previous analysis of LINK I have entered a trade once it broke out of the channel. Breakout ended up being a fakeout, which immediately triggered my SL. I should've waited for confirmation... My mistake and I'll learn from it. Now: LINK is at the bottom of the channel. I have taken a medium size position in LINK with a SL at $11.20, just below the previous wick. Safe trading! ------------------------------------------------------------------------------------------ Please feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea. Also make sure to leave a like as it helps me out a lot!
Long
by Coinathlon
1
LINK - Bullish potential Another alt coin I believe has a bullish big potential against BTC is LINK. Pair looks good, trying to overcome resistance at 0.00098 BTC, and if succeded LINK will fly much higher to 0.001 BTC and $20 / coin. It would be possible ofc if ETH continues its bull-run (that so far I have no doubt given the launch of ETH 2.0 ahead). Information is just for educational purposes, never financial advice. Always do your own research. Hit the "LIKE" button and follow to support, thanks!
Long
by Bitduke