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LINKBTC

LINKBTC Time to start buying in two stagesUnfortunately a lot of traders rushed into LINK and bought the August top when in fact there was no confirmation on the long-term charts (1D) neither from the MA200 or the RSI. What do I mean by that? Traders who follow me know that I've been a LINK buyer for a few years now but only on the right levels, as I've been posting on my studies, including those below: As seen on the chart, every time LINKBTC makes an All Time High ( ATH ), the price pulls back below the previous ATH and touches (some times marginally breaks) the 1D MA200 and then rebounds to make new ATH. The sequence has been repeated several times since 2018, solid enough to make it a reliable pattern. However on the High of July 17, the price rebounded without touching the previous ATH of 0.000566 nor the 1D MA200. So there is a gap to fill there and in fact currently is getting too close to the 1D MA50. Whether it rebounds there or actually touches the ATH too, we can't know, but both definitely make low enough levels to buy. On top of that, the MA200 bottoms have coincided with bottoms on the RSI. As you see the RSI is currently on tha clear Buy Zone. Take advantage of the above factors and jump on the wagon on time for the most optimal risk/reward ratio. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! Shout-out to TradingShot's top TradingView Coin donor this week ==> billstenzel ## Also if you are not a TradingView user yet, I encourage you to do so and upgrade to a premium plan in order to use the same tools I use and enjoy this high level charting experience! ## Click ==> HERE <== and upgrade to a TradingView premium plan !!
Long
by TradingShot
5
Link on an 8 hour. Brief rebound then looks like a long decline.Link looks like itll have a quick rebound before starting a decline that looks as if itll find a bottom around Oct 18th. If you look back at my pass charts, where trend lines cross almost always seems to signal a reversal. The sizes of the reversals vary but seem to be larger where more trend lines intersect. Oct 18th is loaded with trends overlapping, all of which are trends based off the largest movements of volume within the time periods contained within the trend. I do not suggest a short here however as the crypto market in itself tends to suggest the opposite of what link here is showing and link also has a very active retail community who could take advantage of any dips to bolster the price. This is more a suggestion of caution if contemplating a long, as well as potentially a guide to help determine a buying point if the price follows the chart from now until Oct 18th. That being said, I only short on very short time frames, so if your a long term shorter you probably know what your doing and can disregard this. Also, on the link chart I posted earlier today comparing the 1hr to the 30m, you can see that the peaks on the 1hr are in a decline and the peaks on the 30m are on an incline, which suggest that there is more support in this cycle when relatively compared to the last. That means there is evidence of both a potential breakout and a potential dump. However it is always healthy to have a good retrace before attempting new all time highs and I dont see link breaking $21 unless it goes through a healthy correction first.
BINANCE:LINKUSDShort
by JesseGusta
1
Two scenarios for LINKIf you like my TA or other ideas, please leave a like to show support. It helps me out a lot ------------------------------------------------------------------- S/R scenario: - LINK is ranging between $13 & $10.5 - It finds support @ $10.5 and moves up, either to break through $13 towards $15 or to test resistance for the fifth time at $13 Channel scenario: - Link is ranging in a downward channel - It can find support in the middle of the channel (matches with the $10.5 level) and moves up towards the top of the channel. - Or LINK doesn't find support in the center and breaks further down in which case we could be seeing $6 LINK very soon. What is your opinion on this pair?
by Coinathlon
1
link is going to die ?! 🌴FREE COIN ANALYSIS🌴 💎Poor $LINK going to see more blood soon. 4H closed below the swing low. Aligns with the idea of more altcoin blood to come. 💎 BTC dominance seeing a rise over the last 48h ( weekly open ) as Bitcoin seemingly outperforms the market (but does not look good as well no more). Immediately this can be interpreted as bearish for altcoins, especially if we start to see a run-up towards resistance at 64%. Presently, we don't recommend buying new alts as they are likely to keep dropping against bitcoin. 💎Stay safe✅😎
Short
by MyCryptoParadise
2
LINKUSD - looking very BULLISH with possible bottom in placeDuring the past months LINK experienced something called a blue sky breakout. The drop from last month was expected as traders need to create new supports/resistances to trade out of (look at TESLA for example). As seen from the chart, it is showing very strong signs of recovery and a bottom from monthly trend-line. Watch price action at current levels, if it breaks, we may experience another shake out. Keep an eye on 15$ (if it reaches it) to a possible rise back to 20$. TP levels 15-20$ Remember trade what you see and not what you think, being emotionally invested in anything is not a good idea. Not a financial advisor, trade at your own risk.
COINBASE:LINKUSDLong
by pjgonzales
4