This is an Update to this currenly still active previous setup from several weeks ago: As of rigth now LINK has Confirmed it's Pivot from the 0.618 and has now broken through a serious Supply Line; If it continues up to $9.51 we will have confirmed a Partial Decline which at that point should lead to a Breakout of the Range that could take it to the next...
Link several weeks back bearishly reversed at the top of the local range which lined up with the PCZ of a Bearish Bat and the target i had set for it was the 50-61.8% Retracement because there was a higher probability that Chainlink would reverse Bullishly there to begin to attempt a Partial-Decline. We've since begun to reverse at that level and are showing...
Link breaking out downtrend line, Long position till $9. Must use low leverage, 2-3x Maximum. Manage your risk accordingly. Note: we are not in Bull market.
LINKUSDT perp chart.. What it will be next big move ? Pump or Dump
LINKPERP is growing up and coming to my fibonacci 0.705 level (OTE) so i can try a short. 2RR is not bad for my scalp positions lets try it.
LINK 2H support is at ~$24.6 Enter 50% here and try to set some buy orders near the support zone If LINK holds above the trendline, the Take-Profit target would be $26.4, $28.5, and $30.8 Cheers
LINK 6H support is at ~$20.1 Enter 50% here and try to set some buy orders near the support zone If LINK holds above the trendline, the Take-Profit target would be $22.4, $24.5, and $26.6 Cheers
LINK 1H support is at ~$20 Enter 50% here and try to set some buy orders near the support zone If LINK holds above the trendline, the Take-Profit target would be $24, $26, and $28 Cheers
We are seeing bullish signs for LINK and $30 should be an easy target if things keep going well. Price has been holding above the EMAs indicating that they are acting as a good support. While price is above the EMA support it is still below a price resistance level. The longer it stays in the range the more pressure will build, and the quicker the breakout will...
Also set some Buy orders near the Trendline Remember no more than 5% of the deposit in one trade SL: next sell signal
Also set some Buy orders near the Trendline Remember no more than 5% of the deposit in one trade SL: next sell signal
Can Link rise from here to touch $34-36 That is the top of the COG
Also set some Buy orders near the Trendline Remember no more than 5% of the deposit in one trade SL: next sell signal
Also set some Buy orders near the Trendline Remember no more than 5% of the deposit in one trade SL: next sell signal
Two solid tests of the daily resistance line which is more likely a weekly resistance. Higher lows pushing up in to the resistance shows buyers are there. I do not like entering within chart patterns since it's hard to determine who is really in charge. However, seeing as this is up against an ATH, a 0.5% risked position seemed warranted. If there is a break and...
ChainLink is looking toppy to me. Not a good place to be long this alt. Volumes suggest heavy distribution and mania on perpetual swaps.
Short-term Trade (scalp) Set some Buy orders near the Trendline Remember no more than 5% of the deposit in one trade TP1: $22.4 TP2: $23.3 TP3: $24.2 SL: next sell signal