Linkusdlongs
LINKUSDT forming bullish Shark | A good long opportunity aheadPriceline of Chainlink / US Dollar cryptocurrency is forming bullish Shark pattern and soon it will be entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 1.7689 to 1.7263
Sell between: 1.8130 to 1.9038
Regards,
Atif Akbar (moon333)
Chainlink Expected To Give Buying Opportunity For Upto 50% GainsAfter forming the Shark pattern in Sep 2019 the price action of Chainlink took a very powerful bullish divergence form the potential reversal zone of this bullish Shark and made more than 107% bullish Move Upto Nov 2019 the price action starting moving within a falling wedge which is very steep and at this time the price action is hitting the resistance of the wedge the long spike on 18 Dec show that the bears are very weak $1.73.
The pricline also has hit the Bollinger bads’s lower band support and the Bollinger bands is expanding to pave the way for Chainlink’s priceline.
Volume profile of complete falling wedge is showing less interest below $1.73.
On 12hr chart all indicators are bullish and if we see on day chart the price action is at the support of Bollinger bands.
Moving average convergence divergence (MACD) is giving bullish signals by turning weak bearish from strong bearish.
Relative Strength Index (RSI) was oversold now turning bullish and Stochastic has also given bull cross from oversold zone.
Where we should buy?
The question is if the price action is hitting at the resistance then where we should buy? Coz there are chances that the price action again move down to hit the support again.
The answer is that here we should wait for the price action to breakout the resistance and then buy coz after breakout the price action can take more bullish move atleast upto POC of volume profile which is at 2.21 and it can also hit the projection area of tail to support of wedge from 0.382 to 0.786 Fibonacci which is from $2.25 to $2.84
In this case our stop loss will be the resistance of this wedge coz once the priceline will breakout the resistance then the same resistance will be playing role of support for the price action.
Regards,
Atif Akbar (moon333)
LINKUSD formed bullish cypher | A good long opportunityPriceline of Link / US Dollar cryptocurrency has formed a bullish Cypher pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 2.25367 to 2.22120
Sell between: 2.27844 to 2.33996
Regards,
Atif Akbar (moon333)
LINKUSD formed bullish Shark | Upto 42% movePriceline of Link / US Dollar cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 2.28867 to 2.06581
Sell between: 2.48814 to 2.94519
Regards,
Atif Akbar (moon333)
LINKUSD formed bullish Gartley | A good long opportunityPriceline of Link / US Dollar cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 2.88554 to 2.81093
Sell between: 2.94427 to 3.08634
Regards,
Atif Akbar (moon333)
ChainLink continues to grow Hi Traders, LINK/USDT breakout from ascending triangl. The possibility of continuing the growth of prices to 3,5-4 USDT (first target). Is the possibility that the price will continue to new ATH, but step by step. Beware of breaking the trend line. Prepare reserves for possible re-purchases and menegment positions. Invest 2-4% of your capital. All target price, are written in. Collect profits on the way up. GL , HonorDeal
LINKUSD forming bullish BAT | A good long opportunity aheadPriceline of Link / US Dollar cryptocurrency is forming bullish BAT pattern and soon it will be entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 2.55092 to 2.57797
Sell between: 2.64015 to 2.73950
Regards,
Atif Akbar (moon333)
LINKUSD formed bullish Gartley | A long opportunityPriceline of Link / US Dollar cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 2.30520 to 2.25215
Sell between: 2.34697 to 2.44721
Regards,
Atif Akbar (moon333)