Get started

Linkbtclong

LINKThe trend is your friend, the trend is your friend, the trend is your friend. say it with me! At least I hope so. Listen, I think we are in a bull market. This is likely a healthy correction. Chainlink has a good fundamental case use unlike some shitcoins out there. Furthermore the correction is likely because of cautious (smart) people having stop losses in place. Lets soak up some of that money at the lower bids and carry the F on! I can't see how we would go below 12 bucks again but hey what the hell do I know...just a guy playing with lines on a chart! The Content is for informational and entertainment purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. This is not financial advice nor am I a financial adviser. :)
BINANCE:LINKUSD
by RozeRoze
1
LINK.BTC (Y20.P3.E4).Rare Gems and the Parbolic Curve PatternHi All, **** This is a continuation of the previous post > LINK-BTC-Y20-P3-E3-TA-on-the-Macro-structure, link below **** As I am still a junior in this field, I have however learnt something new this week and today to confirm something that just dawned on me, the Parabolic curve pattern. FYI. I was trying to work out when to sell. Help me if you can? I don't know much about it besides what I have seen recently on google to know this is it and that it is likely to have 4 base levels. The issue I have is working out the target. Some time back (post below) I got the Editor's Picks of the week (and will feature on the page www.tradingview.com). 1st time. What I didn't know was actually doing a good job at getting the target right (I think, maybe more). If I had know about this pattern I would have traded it much more successful. I'm sharing this for others to benefit and to share the thrill of getting things right. Now if any of you know where I can find out more details about this topic, I would much appreciate it. For now, I saw a video that stated that the selling point is equal to the Base of (3) x 2.16 If this is correct, then we have 2.16 x 0.00016004 = 0.00034568 and that the Base of (3) x 0.79 with give the base of (4) = 0.0002865 Cheers, S.Sari PREVIOUS POST that came to work out OK.
Long
by ssari
11
Buying Chainlink Fomo Here Is Very SketchyAll of the talk in crypto town is around chainlink. You know what they say... when everyone is talking about it, probably not a good time to buy. This one has an insane rally and now is dead on Resistance at $10. If your buying this now, I pray for you. I personally think it's a good time to take profit and hop out. The risk to reward buying here is not worth it, lots of room for support drop off. I'm not interested, but I do wish you the best of luck hodlers.
COINBASE:LINKUSD
by UnknownUnicorn2319099
95
LINK USD D AnalysisWe believe from the analysis drawn above LINK will attempt to break a Crucial Resistance @ $11.65 - $11.9. Fail to reach closely or break the stated resistance and we will see a trend reversal where we expect bulls will be exhausted. Depending on the market sentiment in the coming future we will see the Bull purchasing power and holding power and lead to the scenarios drawn on the graph above (Dark Blue, Purple, Pink). Link is moving with strong bullish sentiment although the majority of the momentum is fuel by speculations and FOMO in my perspective. Despite the potential for growth in the years to come if the use case is still valid and adopted, As there will be many supports below here is the list of Major Supports: Orange Trend Line (Act as a Support derive from Fib Middle Band) S1: $4.97 range, S2: $3.02 range, S3: $1.425 Range
BINANCE:LINKUSD
by ScryptoAcademy
2
LINK / BTC - Swing Trade / long-term investmentOscillators indicate buying signals for LINK on the LINK/BTC chart at the 1D TF. LINK has completed an ABC correction which has found support on the 50 SMA and now there is enough bullish momentum for a 13-23% pump (entry between 0.000691-0.0006674) before a further correction to the downside (which is indicated on higher TFs). Swing Trade LINK-BTC (R:R=1.5-1.6): entry#1: 0.000691-0.0006674; TP1@0.000784; TP2@0.000799; TP3@0.000848, with 3% TTP NO stop loss recommended for this crypto for fundamental reasons (in case price falls considerable lower, add more LINK to your portfolio -> accumulate it and hodl/stake it for long-term) I´m not a financial adviser. For educational purpose only!
Long
by Asset-Ethology
LINK.USDT\BTC (Y20.P3.E4).TA on the Macro structureHi all, My thoughts on LINK both USDT and BTC pairing. My thoughts are: =================================================== > LINK.USDT < based on the below chart, on the right plain Based on my chart, we have a typical channel bull flag, as per chart and its found the fib. level 0.5 a area of demand and the 0.382 as support On the daily, and longer time frames 2D, 3D etc the upward pressure is still there. However the weekly its dropping of =================================================== > LINK.BST < based on the below chart, on the left plain * I see a temporary rally against bitcoin while BTC consolidates (forming a bull-flag likely a wedge or pennant) for another leg up to 12K + =================================================== Snapshot of LINK.USDT a bit early in the day when I planned to draft this post (ref. below I.Charts) I believe for what ever comes to BTC top this year will be wave 5 followed by ABC or 123 downward impulse (correction) then to start the next wave up of the macro structure, from 2 to 3 point of the elliot wave. Hence my thoughts is that many of the ALTs have made their top in this cycle and the remaining time will be the 123 impulse to find the bottom while BTC does the same. Note, I did buy into LINK today with the understanding that it will fall short or double top before sliding further down as the previous cycles as shown on the main chart. Please give me a like or tick for this post Regards, S.Sari BTC fractal My PREVIOUS LINK.BTC chart posted
Editors' picks
Long
by ssari
17
LINK.BTC (Y20.P3.E3).TA on the Macro structureHi, :::::::::::::::: LINK/BTC :::::::::: This is an updated reviewed TA from the of the previous LINK.BTC post, link below :::::::::::::::: This chart gives a graphical account or explanation on the structure so far where we noted the howg fib. levels come into play and make sense. Therefore I will add some short commentary to what I have taken from this. Observation: ::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: > Note how I have a number of fib. sections on the left of the chart and how I used them which basically indicated from the top of each impulse we have a retraction to the 0.618 fib retracement level; > The blue arrows summarize the impulse moves from top to the support\retracement level (to 0.618) > Note how the gradient of each cycle, bottom line, is increasing in steepness (trend-line); > Note at a few areas, we have contraction\squeeze at the bottom trend-line, indicating another big move to come, represented by the green triangles; > Note the blue thin line (main resistance level) representing the top of each phase as a ascending triangle. > Some fractal's taking place; > Obvious one is that the trend upwards is maintained and is a beautiful healthy structure to keep going, likely; > The arc dotted lines are associated with fib circles which makes sense since we have a fib. level structure in price action; My Thoughts: ::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: From here I have 2 scenarios; scenario 1: we have made the top in this impulse and will have a pullback to the previous top level as depicted on the chart; scenario 2: we have not made the top in this impulse and we can go slightly higher to the red section, which will make the precious top level equal to the 0.618 retracement; This is represented by the red arrows at the top of the chart, or possibly higher. For now, I'm using the 8 HRLY or 12 HRLY to trade within this structure but reserve most of my funds to the orange level either way. How to trade this? ::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: I have jump in at 0.382 level as my WT indicator plus the bullish candle has given me the signal and I'm not sure if its going to play out as per this post or as the red arrows (scenario 2) indicate. I don't think it will go higher but either way, I'll sell when I feel the top is there. Below are some screen shots some from a few hours ago. Please give me a like or tick for this effort. Thanks, S.Sari Reason I bought in: Reason for scenario 2, refer to the red fib. levels on the right side of the chart My previous version of the structure
Long
by ssari
LINK making rising wedge patternLINK is making higher highs and higher lows after being rejected from a weekly support level, making a rising wedge pattern. Usually, Rising wedge pattern indicates a bear movement. But here in this chart as you can see, the candles in between the two trend lines are respecting the support and resistance of trend lines. Link is right now at a very crucial stage, as it is below the daily resistance level. It has to break the daily level in order to continue the rising wedge pattern. Volume as I mentioned in the chart, is decreasing but the movement is upward rising, indication a VOLUME DIVERGENCE. (Bearish Move ahead). Volume has to increase in order to break the daily level. 82239 is the daily resistance level, it must be broken then next move would be to test the resistance at 85036. If you want to long, wait for candle to form above daily level, then move could become bullish up to 85036. I have described both the situations. Now it's up to you to decide. I don't create FOMO's. I Just try to give you the clear picture so that trading decision becomes easy for you. I only make these charts for educational purposes. I am not earning anything, FREE TA. Good Luck.
by SmartMaxi