✅TS ❕ LINKUSD: resistance area✅✅ LINK/USDT broke the uptrend.
The chart has once again reached the resistance area.
We expect a reversal from the resistance area and further decline. ✅
🚀 SELL scenario: short to 7.057. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
LINKUSD
LINK - 4 Phases YOU Should Know 📉Hi Traders, Investors and Speculators of the Charts 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
The markets are currently taking a breather after upside price action and this is typically where we expect altcoins to shine. Chainlink is particularly interesting to watch at this point since it has been trading range for an extended period of time. This is bullish according to the Wyckoff Method Analysis and other market cycle- or phase analysis'. This chart presents an easy guide to market cycles considering the moving averages and the macro perspective. Can you guess what phase we are currently in and what comes next? 🔥
Here's another altcoin with great upside potential that you may not have heard of : Shirtium
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To finish long sideways and ascend...Hello?
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(LINKBTC 1W Chart)
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(LINKUSDT chart)
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(LINKUSDT 1W Chart)
It has been showing sideways movements around the HA-Low indicator for quite some time.
Accordingly, it is expected to show an upward trend in the near future.
(1D chart)
If price holds above 7.601-7.820, I would expect a move towards 9.869.
If not, you should check for support around 6.698.
Therefore, it is important not to fall below the downtrend line or 6.698.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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✅TS ❕ LINKUSD: upward structure✅✅ Chainlink is trading near the most important area.
The chart is moving in an uptrend.
The price may continue to rise after a fixation above resistance. ✅
🚀 BUY scenario: long to 7.643. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
✴️ Chainlink 300+ Days Consolidation Ending, Above $25 AlsoChainlink (LINKUSD) has been within a consolidation pattern/channel for more than 300 days now... This is coming to an end.
The longer the consolidation phase, the stronger the breakout when it takes place.
This pair is set to move above $20, hitting potentially $26 on this bullish wave.
It can go even higher... Patience is key.
Namaste.
CHAINLINK: $LINK Accumulation✅My biggest 2023 position is $LINK long, bought multiple times in this range since weeks. Anything below $6 is a good-buy IMO. A breakout is incoming once economic data shows soft-landing signs while FED starts to cut interest rates.
Chainlink allows blockchains to securely interact with external data feeds, events and payment methods, providing the critical off-chain information needed by complex smart contracts to become the dominant form of digital agreement.
This is valid unless the price breaks below this accumulation range! My SL is 5% below this box's support.
I will keep updating this trade here, make sur you follow me to get alerts!
✅TS ❕ LINKUSD: rebound✅✅ LINK reached the support level.
The price rebounded from the level.
The asset started the bounce and will continue to do so. ✅
🚀 BUY scenario: long to 6.832. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
Link will break this structureLooking at a low target when it does. After increasing by another 20 million, the circulating supply went above 50% of the max supply recently. That would explain the dump this month. Bearish would be going to $3.50 and that becomes the new center of this structure. I don't think it will follow the upward trend line but that is the same line from my last post and it is really nice that everything closes around the same time. It would look so beautiful and that is why I would be bullish going short.
ChainLink: Drop Your Ball and Chain! ⛓ChainLink should drop its ball and chain to escape from the current sidewards movement in favor of the expected ascent. From the low of wave (ii) in blue, the altcoin should head for the resistance at $9.50 and surmount this mark to develop wave (iii) in blue. The subsequent countermovement of wave (iv) in blue should happen above this level as well. However, there is still a 33% chance that ChainLink might slip below the support at $6.43, thus triggering further descent below the next mark at $5.38. In that case, we would expect a new low in the form of wave alt.2 in green before fresh upwards movement can take hold.