Linkusdsignals
LINKUSDT Forming Bearish PatternLinkusdt is forming BEARISH BAT Harmonic Pattern.
The Bat pattern is a retracement and continuation pattern that lets you enter a trend at a good price just as it is resuming. It is similar to the Gartley pattern but uses different Fibonacci levels.
I have marked the potential reversal zone and targets.
RSI is showing Hidden Bearish Divergence.
Manage your Risk accordingly.
Hit the Boost Button if you like my idea.
NOT A FINANCIAL ADVICE
Don't risk more than 1% on any trade
LINK - short-term trade - our target $7,35Hello colleagues!
We publish the short-term trade we entered tonight. This trade has a local perspective and does not mean that the correction of the cryptocurrency market cannot continue.
In this case, we still have a relevant trade in cryptocurrency HNT:
Details of the LINK cryptocurrency trade:
Entry: $6.31-6.35
Stop: $6.16
TP: $7.35
Let's see how it works!
LINKUSD Dominant UptrendLINK has fallen quite a lot, just as other cryptos
The question is where will this falling stop.
I see a major trend line in Green which aligns well with another weaker uptrend in blue, and a downtrend in red
At this area price is around $5 per LINK
This is also at the 0.618 Fib level
Chainlink LINKUSDT Swing Trading Setup Buy Opprtunityin this chart you can see Chainlink 6 hour chart and breakout two month old resistance line and after that hold as a support,
Current price Linkusdt $9.2 we can expect now price will go down 0.61 fib level $6.8-7$ and if hold that support and we will see reversal candle,
Then we have buy Opprtunity there,
it's a swing trading setup and if it's work so we can expect target will be hit next 2-4-8 weeks.
If you want to invest this so please don't forget to put TP n SL.
Wish you all the best.
Make Profit with Rashid
Here's our recent Analysis:
LINK - Buying strategyBYBIT:LINKUSDT
1 Hour chart
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LINK is forming a potential cup and handle after a huge pump.
Price get support at Fib 0.382 many times and get rid of it right now.
We can long it at Fib 0.618($8.693) or Fib 0.382($8.514), and follow TP as below.
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Targets:
1) 8.983-----neckline
2) 9.189~9.273-----Fib 1.272~1.382
3) 9.452-----Fib 1.618
4) 9.742-----Fib 2
Stop loss:
1) 8.483-----red horizontal ray