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...
BINANCE:LINKBTC Looks Nice atm. It remained in ranges during Last few weeks. Most of indicators are taking a shift towards bullish bias and volume had increased over past 2 weeks. Currently Needs a bit more Volatility but a breakout looks like around the corner. Its a 2 day chart it can take time to develop do not fomo buy. Weekly levels zoomed in Happy trading
LINK bounced from the first buy zone at 63000. Breakout above 80000 should send it to the skies.
LINK interesting. May rise to retest upper trendline and 36400 resistance.
I'm a LINK perma bull so DYOR because I only see LINK going up.
Watching closely #LINK chart, it is similar to #ADA setup on 8H before the breakout - Keep watching .
LINK / BTC we can see strong bearish action on last weekly candel (about to close) I expect price will visit next weekly key support level (0.00050 - 0.00042) And also 100 W moving average in same area If price drop there price is expected to bounce but the most safety approach is to buy After break of trendline resistance If price will breakout we can set...
Nice set up for a good r/r. Also good long entry in my opinion.
Let's start with the fact that the previous idea started working out just a few hours after publication. Also, the current situation on LINK fits into our global idea , which is already 3 months from the publication date. Having reached the targets near $11, the LINK price began to bounce. After testing for strength $14.8 first, buyers stopped. However, a new...
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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...
Unfortunately 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: ...
LINK 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,...
This is a simple chart and food for thought for those who want to rush on to the LINK wagon. You all know I've been a big LINK fan for a few year now and I've been posting my expectations including those below: This study is attempting to put the question above into perspective using the behavioral pattern after ATH and the RSI fluctuation. As you see on...
after huge strong run LINKBTC hit 0,00092 level as ATH and started to retreat around 0,00074x area and gave strong reaction and again fueled up and reached 0,00084x area. According to the weekly chart our expectation is to do correction with the time till 0,0005 - 0,0006 area. Seems with the time it will touch to the support line.
In May I posted this idea expecting a strong bullish break-out on LINKBTC from its Triangle: For reference take a look at this too: It happened as planned and now it is time to give an update as the rise has been very strong and already hit the inner Higher High trend-line (red dashed) of the 2 year Channel Up, which can be seen also as an inner Rising...
Pattern: Rising Wedge within a Channel Up, +2.5 years running. Signal: Bullish as the 1D MA200 held twice within the Rising Wedge. Confirmation comes when the Triangle Lower Highs (inner) break. Target: 0.00075 (below the Inner Higher Highs trend-line of the Rising Wedge). ** Please support this idea with your likes and comments, it is the best way to keep it...