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Linkshort

LINK/USD on it's way to flip previous range-high into support?LINK has it' s monstrous break-out of the long-term formed trading range, following recent Alts rally and BTC chop price action for weeks. Is it over and we're due to a solid correction or we're up for another leg higher? Key things to look at: - RSI 1D HTF is oversold (however, I never use it as a main indicator) - we had extremely quick breakout of the trading range tasing without proper S/R flip at range highs - BTC.D is falling, BUT if BTCUSD Distribution will be confirmed in the next couple days and we'll have a big expansion out of the current long range all the alts will follow - There is a big area of interest above the previous range highs. - First trouble area on the way down could be at 5.50$ I'm personally short at 6.41$. Will be looking to add to my shorts if we close below 5.50$ and flip it.
KRAKEN:LINKUSDShort
by Integrita
CHAINLINK / USD (LINKUSD) DailyDates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates. One way the Djinn Indicator is used to enter and exit trades: For best results trade in the direction of the trend. The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30. When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered. When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered. This trading strategy works on daily, weekly and Monthly Djinn Predictive charts. This is not trading advice. Trade at your own risk.
COINBASE:LINKUSD
by Dinjin
1
Last 2 years Amazing LINK has to do correction - Short itLINK BTC amazing running continues for 1 year and almost made 10-15x against BTC cause of Google business support. Even during last month after BTC doomed to 3xxx level it dropped but recovered so quickly in one week. And topped around 0.00052x level. Many times tried to brake below 0.000500 level but was never able to brake it. I believe with the BTC correction before halving LINK will also visit uptrend support line around 0.00037xx - 0.00038xx . But first need to see 50k satoshi level is broken. From the daily picture I see OBO. May be I'm wrong but most possibly it looks like it. Its going apart from public investors, just robots are moving and simply they can draw any line. So lets short it with SL around 0.00053.
Short
by altan.cankaya.9
Link/USDT - Rising Wedge BreakdownChainlink has broken down a rising wedge. The decreasing volume (on the bottom of the chart) is confirmation of the successful breakdown. Based on wave analysis, it is possible it may downtrend further. Shorts are not something I trade personally, so this idea is only for the benefit of my followers who do and for those considering adding to Link's technical analysis. => possible completion of sub waves 1 & 2 of the 0-a wave of its downwards correction with an oncoming sub wave 3, OR => completed a-b (or yet to complete a-b) of the corrective sequence (less likely in my opinion, taking retracement values into consideration - but not impossible). Currently hovering around the top of the Ichi cloud, it is not being very positive about continuing upwards. it would be interesting to watch its movements if and when it hits the strong Senkou Span B support line (marked black). Likely targets are marked on the chart should it continue to downtrend. Always use any idea in conjunction with your own technical analysis before trading. Happy trading and Vanakkam. :) What goes up must come down. _____________________________ There's only one person you need to follow when it comes to crypto. Papa Bear's Path of Least Resistance Our October Profits
Short
by PurpleCrypto
2