Linkbtclong
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
LINKDOWNUSDTWe can just watch BTC price @ this moment.
Near ATH, some exchanges new ath, lot of emotions, lot of money for Bitcoin.
My theory is to just buy more Linkdown bcs I wait next BEAR MARKET. Imagine that the LINKUP and LINKDOWN just switch places? Is that possible? Yes, when BTC does he's thing.
So just long hodl and small bags for it...
LINK/USDT "People say short, I say long.English:
Btc is having a hard time continuing to rise but we continue to be bullish as its dominance slowly begins to decline. Not only link but many more alts could burst to the upside. Sl under the marked support.
Español:
A btc le esta costando mucho continuar subiendo pero continuamos alcistas mientras su dominancia empieza a caer lentamente. No solo link sino muchas más alts podrían reventar al alza, no apto para cardiaco. Sl debajo del soporte marcado.
Amazing call on link ...whats next targets ?Yesterday we shared with you this idea about link that it was looking bearish in both usdt and btc pairs see here :
Price broke the trendline support and fall from rising wedge as expected
As long as price cant get close by daily candel above 10.74$ -10.8$ (0.5 fibonacci level)
(Also this level is the trendline support breakdown level)
We can see next target easy
Potential next targets to be reached :
Target 1 : around 8.5$ ( 0.618 fibonacci level )
Target 2 : around 7.3$ ( was recent low for link )
Target 3 : around 5.5$-5.3$ ( 0.786 fibonacci level )
For investor this areas is a good ones to accumulate partially before next bull run in link
Link was and still one of my favorite coins
Long term is bullish
Please like and subscribe for more idea if you see it helpfull
LINK/BTC long I'm not super into this trade, it being the eve of US election, so definately manage your risk... but gonna take a link long here vs btc.
Taking the low from October 7 as a basis for a stop, its a 6R trade.
But if the most recent low is taken, it is over a 10R trade.
And if it does get to target area, indicated by green resistance line, around 95000 sats, I will manage it with a moving stop as opposed to a limit sell, as that will be the 5th touch on the resistance, and it very well could break through to the upside and reach its previous all time high.
Entry: 0.00081122
Stop: 0.00080000 or 0.00079000
Targets: 0.000850000, 0.00095000, w/ trailing stop
Watch out for election wicks.
Travis
In God's Will
JMJ
Support levels to stay above on to break THESE next resistances*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
LINKUSD - 4 Hour - My ThoughtsHello everyone, Andrew here, Link has created higher highs but has pulled back slightly. I am bullish as long as we stay in the bullish channel.
The Trend Confirmation Indicator has Link bullish, volume is low giving me a Neutral, feeling. As we know, altcoins following BTC, changes can happen quickly, so please keep an eye on my BTC charts as well.
If you Long, consider taking some profits at $13.39.
If you Short, consider taking some profits at $9.44.
Stop line, Set stops on opposite side.
SHORT TERM: Bullish Neutral
MID TERM: Bullish
LONG TERM: Neutral
Please keep in mind this is a 4 hour Chart analyses.
Thank you for dropping by, please like and follow.
:)
PS: I am not an investment adviser. I learned trading and accumulated during the Bitcoins crash and of course enjoyed the 14k run. My experience trading in the Bear trend, makes Long calls seems easier.
Long Term Neutral call is based on TA and BTC, not fundamental action.
LINKUSDTLINKUSDT LONG-TERM CHART
Cir. Supply - 389,509,556 LINK
Total Supply - 1,000,000,000 LINK
Market Cap - $4,514,189,423 ($4.5 Billion)
Scenario 1: - Watch out for the Whales DUMP
#Link has been showing minor breakouts in past few week but none looks sustainable and solid.
I now therefore expect ChainLink to return to $1.50 to $1.65 Billion Market cap.
If Link breaks our channel marked here then it is a sign of its down trend.a I believe during Nov 2020 - March 2021 whales normally takes their profits and Would be happy to bet all in at $4.2 - $4.5 level. Which is a major support and was its breakout point.
Scenario 2: - BTC forms a flag here and then comes PUMP
Link has been reacting positively to BTC rise since long. As, more money in BTC means more money for LINK or BNB or ETH platform.
Thus, If BTC continues to surprise us and breaks 13,500 resistance then there is no reason for Link to be bearish.
Just as ETH or BNB it will cont. to sail ahead along BTC and will hit the new ATH finding resistance around $24-$25
<> This is Not a Financial advice. Just sharing my thoughts.
Link/usdt 2nd wave?Link/usdt
After forming double bottom and showed some consolidation last days its looking good now
Buy area : after the break of trendline
But Best buy area : after also break horizontal resistance
Around 11-11.35$
And the first target is around 12.5$-13$ and more
You can jump the wave or buy the retest if you are looking for more safe entery
Stability above these areas can do big pump
Risk : link has high volatility
Stop loss should be daily close below the horizontal resistance
CHAINLINK BUY AND SELL ZONES!!So everyone knows about chainlink buy now unless your living under a rock, but if so thats ok, heres some quick and easy buy and sell zones to keep an eye on.
everytime the RSI is over sold it tends to be a great buy time or DCA (dollar cost averaging) in. also around the bottoms before next run MACD seems to be a little laggy but histogram is right on.
The same goes for the over bought on the RSI tends to be a great time to sell. be good time to probaby scoop up a little on this now if you wanted. it wouldnt hurt.
LINK/BTC: Imminent Breakout Analysis - 1D, 1HIn this post, I'll be providing an analysis on Chainlink (LINK), shedding light on its daily and hourly chart through technical analysis.
Daily Chart Analysis
- To begin with, the daily chart is on the left, and the hourly on the right
- The daily chart demonstrates that prices are trading within a descending channel, forming lower highs and lower lows
- The Relative Strength Index (RSI) is at neutral levels, showing signs of a potential breakout
- The Moving Average Convergence Divergence (MACD) is forming a potential death cross, but has not provided confirmation yet
- We can interpret the current setup as a consolidation phase of a bullish flag pattern
- Should we see prices break through the upper channel resistance, we could potentially expect another leg up to 0.002btc
Hourly Chart Analysis
- Zooming in on the hourly, we see clearer signs of bullishness
- Prices are forming an ascending triangle pattern, in which the tops of the pattern are rejected at 0.000894 btc levels, while higher lows are formed
- The RSI is also in an uptrend, forming higher lows as a sign of momentum building up
- Based on the ascending triangle pattern, we can count Elliott triangle waves (ABCDE)
- This wave count shows that a breakout through the triangle pattern is very imminent
- The 100 Simple Moving Average (SMA) on the hourly chart is a good reference of support/resistance zones.
You can check out my other analysis on Waves (WAVES) which had a very similar setup: an ascending triangle within a descending parallel channel.
Conclusion
Chainlink seems like it's headed to retest previous highs as indicators and bullish pattern setups demonstrate potentiality for a breakout.
However as always, don't predict the market. Take it by levels, and play by probabilities.
If you like this analysis, please make sure to like the post, and follow for more quality content!
I would also appreciate it if you could leave a comment below with some original insight.
Link in Ascending Triangle! 20% Profit.LINKUSD - Short Term
We are looking to buy at the uptrend line or buy the breakout.
Trade will be canceled if the uptrend line get's broken.
Our outlook is bullish.
We are trading within a Bullish Ascending Triangle formation.
A break of 11.230 is needed to confirm follow through bullish momentum.
The bias is to break to the upside.
Our profit targets will be 11.860 and 12.458
20 and 50 EMA uptrend is active.
Resistance : 10.800 / 11.230 / 11.850
Support: 10.500 / 10.100 / 9.905
Signal Centre