LINKBTC
My Price Analysis of LINKBTC on December 10, 2022Hello friends. Today, according to the LINKBTC chart, I noticed that the chart is generally going down and I have drawn the short-term channel in the 1-hour time frame. The formation of EMAs of 50, 100 and 200 assures that the market is bearish. On the other hand, this arrangement is being formed in the 2-hour time frame. On the other hand, the MACD indicator gives a buy signal. My analysis of this signal is that it can either be a fake signal or a short-term signal that will return to its downward channel after encountering the upcoming resistance. and continue its downward trend.
Link in accumulation modeDespite the cryptocurrency market being in a turmoil lately, COINBASE:LINKUSD maintained its current support level for more than 6 months. Following the BINANCE:LUNAUSDT collapse, link like most of the cryptocurrency market had put a new low. However, what's intriguing is, unlike other cryptocurrencies it has actually held that low quite strongly, with occasional visits every now and then, yet always followed by swift recovery. It seems that link has entered in accumulation mode and is preparing for the next cycle. The possibility for a new low still remains, but I believe even if we put a new low, it wouldn't be far off from the current one, and with that been said link offers now a lucrative buying opportunity.
Chainlink (LINK) - November 30Hello?
Traders, welcome.
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(LINKBTC 1W Chart)
As it began to rise above 0.0003 950, it began to release its upward force.
If it starts to rise above 0.0005 508, it is expected to explode the strength of the uptrend.
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(LINKUSDT 1W Chart)
The important thing is whether you can rise to the 11.976-15.374 section and be supported.
To do so, we need to see if it can rise above the MS-Signal indicator.
(1D chart)
The 7.230-7.820 zone is an important support and resistance zone.
Therefore, when rising in this section,
1st: 8.649
2nd 11.064
There is a high probability of rising in the vicinity.
However, since the 11.976-15.374 section determines the trend, if it is located below this section, a short-term response is required.
If there is a decline below 6.700, there is a possibility of a decline around 3.703-4.976, so you need to think about how to react.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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LINK has registered a range trend!Over the past week, LINK has registered a range trend on its important support range. After the buyers' efforts brought the price of this currency to the resistance range of 9.3-10 dollars, the simultaneous profit saving of short-term buyers and selling pressure in the market forced the medium-term buyers to sell their assets. As you can see, we are generally in the descending channel in the weekly time frame and in a trading range area in the daily time frame.
The floor of this area in the range of 6.2 to 5.9 dollars has repeatedly prevented the price from falling, and this support occurred again in the last encounter. But the most important thing about the last encounter is that the penetration of the price inside this range is a sign of possible breaking of this level and the possibility of falling to the bottom of the descending channel in the range of 4.5 to 5 dollars. In the 4-hour time frame, you can consider a downward trend line for possible reversals. By breaking this dynamic resistance, the possibility of short-term growth to the $7 range can be provided. Of course, in the condition that Bitcoin stays at least in the range trend and does not fall further.
LINKUSD: Was It a Fake Bullish Breakout? 😱 | Nov. 25, 2022This week, we will stick to the 4-hour time frame to analyze the price action in detail!
It seems like a false bullish breakout was seen earlier this week following which a strong rally was witnessed. Seems like the price will soon approach the next resistance situated at $7.35. If the resistance is reclaimed by the bulls, traders can expect a strong rally in the coming week.
Once the resistance at $7.35 is reclaimed, we can see a clear path to the supply zone at $8.51. However, this view is only valid once the price is able to sustain above $7.35.
Traders must maintain caution of the demand zone at $6 because if this zone is broken once again, a sharp fall could be seen. At the time of writing, it looks like we may see a small pullback as the RSI has started falling. Expect the price to test the support at $6.3 before continuing the rally.
The important price levels for this week are $6.3 and $7.35!
Chainlink Bullish Since June - Long-term Targets Mapped (117%) Chainlink (LINKBTC) has been bullish since June 2022.
We have a clear bottom pattern on this chart that is followed by an uptrend; currently within bullish consolidation.
This week we have a full green candle, prices moving above EMA10 and bullish indicators... All pointing up.
The targets are as follow:
1) 0.000511
2) 0.000699
3) 0.000887
Main support/stop-loss:
1) 0.000323
A weekly close below this level activates the stop-loss.
Chainlink goes bullish.
This chart setup is aiming for a higher high on the next bullish jump.
Namaste.
LINKUSDT - SETUPChainlink's price is ranging between 5.50$ to 9.70$ for more than 6 months. Both participants of the market played a balanced role in the range market. Requires more effective effort to break this range from both sides. So we can expect a good rally towards 13.0$ if bulls manage to break above.
LINKBTC A head of a massive bullish break-out.The Chainlink / Bitcoin (LINKBTC) pair made a first and important move towards a bullish break-out last week as it broke above a Lower Highs trend-line that was holding since August 2020, practically dominating the recent Bear Cycle. Despite the break-out though, the 1W candle was rejected on the 1W MA100 (green trend-line) and 1W MA200 (orange trend-line) zone and closed back below the August 2020 trend-line.
This is holding the bullish break-out into a new Bull Market back but as long as the Channel Up (green) is holding and the 1W MA50 (blue trend-line) supporting, we will most likely see another attempt. Judging by the 1W RSI, we most likely need it to break above its 62.00 Resistance Zone, which started on May 03 2021 and has another two rejections under its belt.
In the meantime, notice how the Fibonacci retracement levels have shaped the price action since August 2020, with the High Volatility Zone located within the 0.618 - 0.382 Fibs. As you see, last week's rejection was conveniently made also on the 0.382 Fib, currently a major Resistance, while the Channel's October Low on the 0.236 Fib, which is the Support. A break below, basically restores the bearish trend.
A break above the 1W MA100 and 0.382 Fib on the other hand, should in short time test the 0.618 Fib, i.e. the top of the High Volatility Zone.
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LINK Is Trading Too Close to Support! What's Next? 😨 Nov. 18In our previous analysis, we ascertained if the support at $7.5 is taken out, the price will test the last standing support at $6.2.
At the time of writing, LINK is trading dangerously close to the support at $6.2, and it looks like a breakdown could be seen soon.
If this support is broken, traders can expect the price to collapse to $5.2, which is the 52-week low.
Therefore, traders should proceed with caution until LINK is able to reclaim the resistance at $6.5.
LINK - INSPIRED BY THE TOP G. STOP CHAT, YUH NUH REDDY FI MITing muss drop a piece. Den mi blindly buy back lower, cah mi expect higha inna di future. Hovver ya dutty raas cursor over di location marker. read up mi write up. ZEEN??
Nuh bodda listen to mi. Man ah mad man. Mi ah guh lose all ah mi money.
Bludclaaaaaaat.
20% for LINK possibleSimilar setup like LIT before jumped up. Quite strong PA. I like it. Red MA as a next target - this can give us 20% profit. But be careful if FED ruin the party with the news of increasing interest rates today - this can shake with markets. GL
MANAGE YOUR RISK,
NOT A FINANCIAL ADVICE
Chainlink (LINK) - November 5Hello?
Welcome, traders.
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Please also click "Boost".
Have a good day.
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(LINKUSDT 1W Chart)
Whether the price can rise above 11.064 and sustain is the key.
(1D chart)
If the price is maintained by rising above the 8.290-8.822 section, it is expected to rise above 9.869.
However, the key is whether it can move above 11.064, which is an important support and resistance point, so you need to think about how to respond.
The reason is that the trend-determining interval is formed over the 11.976-15.374 interval.
If it goes down, you should check to see if it finds support in the 6.7-7.411 zone.
If it doesn't, it is likely to drop to around 4.976.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** HA SRRC indicators are expressed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Chainlink (LINK) - October 19Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(LINKUSDT 1W Chart)
The key is whether you can climb to the 11.976-15.374 section.
To do this, it is necessary to check whether it can be supported near 6.7.
(1D chart)
Resistance: 8.290-8.822
Support: 6.7-7.411
The key is whether it can find support at 6.7-7.411 and move above 7.605.
To do that, we need to make sure we are breaking out of the downtrend line.
Otherwise, it is expected to drop to around 4.976.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Chainlink (LINK) - October 10Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(LINKUSDT 1W Chart)
Whether or not it can move higher than 11.064 is key.
To do that, we need to make sure we can keep the price above 6.7.
(1D chart)
1st resistance: 8.290-8.822
2nd resistance: 9.869-11.064
Support: 6.7-7.411
If it finds resistance after falling from 6.7, I would expect it to move towards the 4.976 area.
------------------------------------------------------------ -----------------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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LINK/USDT - LONG 1D CHART----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ LINK/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Long)
Leverage: Cross (1.0X)
Entry Orders:
1) 8.176 - 100.0% (54.9606 USDT)
Take-Profit Orders:
1) 9.065 - 80.0%
2) 9.976 - 19.999%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)