LINKBTC
Chainlink (LINK)Chainlink is -83% from 2020 ATH and -77% from last year top. Since then it had at least five attempts, each having between 30% and 50%.
1D RSI is in neutral area which is fine in kind of bullish divergence. I've got into this trade and accumulating since Feb.
I think it would be a nice chance to see in the near future that LINK is double its value up to 0.00045.
Any comments?
Regards 🫶🏻
Link - Trendline is breaking out! +60% right now
Link looks pretty strong in the immediate short term, but for the long term I am still very bearish and I will tell you why in this analysis.
We have a huge descending parallel channel on the daily chart and there are still no signs of a trend reversal. The first is that we at least need to break up this channel to be more confident.
Also, my Elliott Wave analysis suggests that this downtrend is incomplete and we can definitely expect 2 USDT per coin next year.
But for the immediate short term, we have a nice local ascending triangle - bullish pattern , and also the main yellow trendline has been destroyed by the bulls recently.
+60% profit is possible and the previous wave (1) is a strong resistance, which can act as a reversal point in the future.
If you really want to buy something in the short term, then the LINK coin is a great choice. But do not forget that the main trend is a downtrend, so take profit very soon.
We don't know what the expected duration of this trade is. It can literally pump in a single week, or it can take 2 months to reach 13.3 USDT.
For more analysis, hit "Like" and "Follow"!
LINK CAN MAKE A CORRECTION AGAINFirst of all, I need your support to continue my activity and provide analysis. Please support, otherwise my activity will stop.
These few days, I gave Scalpi setups for the link, and they all hit the first target. In my style, after seeing the first target, we save some profit and then risk free. Even now, I think this setup can provide a scalp for shorts.
Chainlink (LINK) - September 21Hello?
Traders, nice to meet you.
If you follow "Follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
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Link is a coin that belongs to all themes formed in the coin market.
Therefore, I think that it is a coin that can increase the number of coins in the medium and long term.
(LinkUSDT 1W chart)
It is important to see if it can rise to 11.976-15.374.
To do this, you need to make sure you can be supported near 6.7.
(1D chart)
1st resistance: 8.290-8.822
2nd resistance: 11.064
The 6.7-7.411 section is the section where the HA-Low indicators are leveled.
Therefore, if you are supported in this section, it is expected to rise.
If you fall below 6.7, you need to check the upside trend line (1) to touch and rise nearby.
If not, it is expected to fall around 4.976.
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** All descriptions do not guarantee losses in investments for reference.
** If you share this chart, you can use the indicators normally.
** MRHAB-T indicators include indicators that display support and resistance points.
** Background color of Long/Short-S indicators: RSI overreagy, overlooked section mark
** Background color of CCI -C indicators: When the short -term CCI line is -100 or less, when it is +100 or more,
** OBV indicators have rewritten by applying the formula to the indicators of OH92. (Thank you for this.)
(Short -term STOP Loss is a point where you can preserve or enter additional gains and losses by split transactions. It is a short -term investment perspective.)
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Crypto Weekend Update Part 2This is part 2 of the Crypto Weekend Update. Check the related Ideas below to find part 1 as well as Thursdays and Fridays update. It gives good insight to the market movement.
I go over these alts in this order:
ADA, LTC, LINK, MATIC, MANA, XRP
If you want me to check any alts, leave a comment or join the stream every week day at 09:15 EST.
0:00 ADA
5:58 LTC
8:20 LINK
13:21 MATIC
15:20 MANA
16:50 MATIC
17:53 XRP
Chainlink (LINK) - September 7Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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LINK is one of the coins associated with many themes.
Therefore, it has good conditions for expanding the coin ecosystem.
We have introduced the coins (tokens) that are expanding the coin ecosystem that I mentioned earlier, and are currently posting them around the coins (tokens).
In the future, we will add LINK coins to these coins and post them.
(LINKUSDT 1W Chart)
The key is whether you can climb to the 11.976-15.374 section.
To do that, we need to see if we can support and rise near 6.7.
(1D chart)
It re-entered the short-term bearish channel as it fell near 6.7.
To break out of the short-term bearish channel, we need to see if we can find support near the 6.7 area.
The key is whether it can move above 7.150 with volatility around September 13th.
If it doesn't, there's a chance it could move towards the 4.976 area.
The 11.976-15.374 section is a trend-determining section and is an important support and resistance section.
Therefore, when it rises to 11.976-15.374 and is not supported and falls below 11.064, Stop Loss is required to secure cash.
It may be in the distant future, but if you create a trading strategy without thinking ahead, it is likely that the closer you get to the 11.976-15.374 section, the more likely you will be buying more.
If that happens, you will be buying near the high, that is, in the resistance zone.
If you are unable to buy when the current price is showing a sideways trend, you should buy after confirming that the price has risen above 15.374 and is supported.
When you buy the core of your trading strategy, you should seek a way to lower the average purchase price, and also seek a way to minimize losses.
This is true whether you are trading short-term or long-term trading.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(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 set to explode?Link has already corrected by 90% from the high, I don’t expect a very strong drop , maximum to $4-4.5
One of the positive signs is that when Bitcoin updated the bottom in June and fell from $30k to $20k at the same time Link held the $6 level and a strong buyer came out during this fall which still holds the price higher, which may indicate the beginning of Link accumulation what can last as long as in the entire crypto market. Locally, we can see growth towards the upper border of the flat and 200MA
ChainLink is a blockchain network of oracles. The essence of the project is to solve the problems of technical compatibility of blockchain technology with traditional methods of data transfer. Now smart contracts have gone beyond being used only in the cryptosphere, various organizations have begun to use the blockchain. Therefore, there is a request to synchronize the work of the crypto and traditional financial industry.
Among oracles, it is considered the flagship and most powerful data provider with many partners
The segment of oracles has shown itself quite a bit, in the future the time will come for this segment
LINK : Day trading LONG L ink seems last time frame to have some interesting factors for the increase.
For this reason, it's interesting to check out the coming time.
Breaking the 8 USD would make this coin interesting to check further with confirmations.
The expected targets are between 9-12 USD.
Not finance advice.
LINKBTCHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for LINKBTC
Based on our previous analysis on August 13, we predicted a falling trend and now you see that the prediction came true and one of our targets is hit. In this chart, we have R2 and R1 as our resistance areas and both contain the disability of the price to rise. And S1 used to be a resistance area. Obviously, we have the price fluctuating in S1 and we expect a little decline for it to reach the bottom of this area. Then here by receiving some confirmation candles in order to rise, we consider the long position and for sure the price will face an increase to R1. Even it my happen that the price loses the support and start a falling tend below S1.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
LINKBTC
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for LINKBTC
In the present chart we have R1 as the resistance area which represents the unsuccessful attempts of the price in order to rise. R2 used to be a support area and even S1 is our support line that shows the support of the price at some points. Here we have the price fluctuating in R1 and we predict it to have a decline to S1 and by making sure through some confirmation candles, we expect a rise for the price over R1 and toward R2. R1 is considered a good area for placing sale orders and S1 is good point for having purchase orders. Please consider your stop loss and enter trading with some confident signs.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Chainlink (LINK) - August 10Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(LINKUSDT 1D Chart)
Primary resistance: 9.731
Secondary resistance: 11.064-11.976
Support: 7.411-8.290
If the price holds near 8.290, I would expect a breakout attempt to move above 9.731.
When it falls below 6.7, Stop Loss is required to secure cash.
- Since the RSI and Stoch RSI indicators are entering the overbought zone, it is necessary to check where support and resistance are found when the RSI and Stoch RSI indicators break out of the overbought zone.
Therefore, you need to make sure it is supported in the 7.411-8.290 section.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
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