Linklong
chainlink (Long setup)Chainlink (D1)
Chainlink (#LINK) is currently sitting in a massive trendline support. Stoch. RSI Shows bullish divergence and i am waiting for a Bounce confirmation from here...📈
LINK/USDT Inverted H&S Pattern So Target after breakout us $36#LINK/USDT TA Update:-
$LINK currently trading at $13.9
Price consolidating in Shoulder Pattern.
Left Shoulder already completed.
Head Also completed.
Now If Candle not break below $12 then We can see Big Upward Targets.
I am Buying some here because Inverted H&S Pattern.
Entry:- $12.50-$13.90
Targets:- $21.55/$28.77/$36.12
Stop Loss:- $12
Recovery for LINKUSDChart comparison Between Link and the earlier days of ETH
ETH went through a long period of being flat which is a possibility for LINKUSD
This pause period can be seen on the MACD as the bear cross
Recovery could be as earlier as it touches the 50MA or later shown by the comparison
LINK/USDT 1HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick LINK/USDT analysis.
I have traded my best to bring the best possible outcome to this chart.
Reason of trade:- LINK/USDT is a bullish falling wedge pattern conform and retest and bounce
Entry:- CMP and buy green zone
Traget:- 20% to 30%
Stop loss:-$13
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language
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Link Lookig for a Run!!Chainlink has felt the bearish pressure from throughout the market, we came all the way down to about 13.42 at our 0 FIB level but have since made a strong recovery to the upside! We are currently trading inside of a bullish triangle with a forced breakout happening in aprx 3 days, this means if we don't see a breakout in the next couple days we will be forced outside of the triangle in either direction. Looking at our pivot points we saw strong support at the S1 level and our next target is definitely going to be the bullish pivot point, a climb up break and close above this level will give LINK that bullish momentum we need to start making more significant moves to the upside! But first of course we must breakout bullish from this bull triangle, sometimes what happens is we see a false breakout for example a few days of a bearish breakout before then rebounding to the upside, this would be to fakeout traders and the goal would be too liquidate short positions! Looking at our supertrend we notice that we just reversed from a bearish trend into a bullish one, we saw a significant run of red on our recent drop and it looks like we could be in for a nice stretch of bullish movement, very rarely do we see a short 1-2 day period of either red or green on the supertrend, we usually see full moves like we have on the chart right now. Looking at our MACD we are coming up on a potential strong bullish cross, we have had a long period of bearish movement on the MACD with huge separation within the MA's and now it looks like we got the chance to have the same sort of run on the bullish side. What we are looking for here is a strong bullish cross with big separation in the MA's and more importantly a strong push on the histogram into bullish territory, we want to see increased green bars day after day showing the rise in bull momentum, once we start running flat or decreasing the bullish run is likely going to start fading away! Not financial advice just my opinion!