✴️ ChainLink Does 333% In 3 Steps... Altcoins Cycle Explained!#1 | The first step is the correction that comes after bullish cycle/wave/All-Time High.
#2 | The second step is the consolidation phase. Can be sideways, can be a zig-zag/mixed, can be down or up... Still accumulation/consolidation.
#3 | The third step is the recovery that is already starting to take place.
ChainLink #1,#2,#3 will lead to 300%+.
I would normally put the stop-loss, support levels and such in the chart but seeing Bitcoin, Cardano, Ethereum Classic, Litecoin and the rest already full time green, we know that ChainLink is a monster and won't be left behind.
We see its future as also going green.
Once the bigger altcoins are done, it will be the turn of the smaller ones.
First a few "random" ones start moving, it varies in every cycle.
Then it goes with the biggest players, the king Bitcoin and the top Altcoins.
Then the mid-sized ones...
And finally the smaller ones.
Some altcoins have cycles that last 4 years instead of two, be aware...
You can be holding some of those and they can fail to take off until several years later.
It is good to go with what is working, what is hot, what has been shown to be reputable, with a good team behind it, real projects, etc.
But then again, we trade based on the charts.
This chart says UP!
Namaste.
LINKUSDT
$LINK Trend Change In ProgressLINK has been in a compressed sideways range ever since June 2022- nearly 10 months. Many other top 10 and top 20 tokens have made significant returns after Bitcoin's victory bounce back in January, but LINK has been forced to stay below the 0.236 Fibonacci line (at $9.126).
But one thing our indicator, the "TBO", is telling us is that a trend change has been in the works since the week of January 23, 2023, indicated by the green X. "TBO" Cross Up symbols on longer time frames give us an advanced alert that the trend could be making a sudden shift in the next several candles. These shifts don't happen right away, but as you can see from the "TBO" Cross Down (red X) that happened back in October 2021, the price eventually turned bearish.
One other important detail to note about the "TBO" Crosses is that these symbols change the color of the "TBO" Cloud, introducing a gray color. This gray color is an indication that the trend is beginning to change directions.
Once the price of LINK closes above the 0.236 Fibonacci retracement, we expect the price to turn bullish and start hitting the higher Fib targets. Until that happens, we are mildly bullish on LINK.
*Note: the "TBO" is enclosed in quotations because an existing ticker (TBO) could lead to some confusion.
Quick look at LINKHere's a quick look at the LINK daily chart. As we can see, the price is trying to hold above the resistance zone, and if the price manages to sustain its position above the resistance zone, then a move to the red trendline is likely to happen! Therefore it is recommended to monitor the resistance zone in case it does sustain its position above it!
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Recent Altcoin trades:
ARB / USDT: 30% profit!
ROSE / USDT: 5% profit!
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Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!) . Our TradingView page serves as a testament to this claim, and we invite you to verify it!
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BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
lets trade with Institutions. Buy setupRecently LINKUSDT has given as breakout and touched a new resistance. leaving a fear value gape inside the bars which will be filled for sure because institution will never let this opportunity away. now it is retesting its new support and there institutions order are placed.
BUY setup
Entry: 8.426 - 8.304
Stop Loss: 8.063
Target 1: 8.8 Spot (5.99% Profit) Futures with 20x Leverage (119.8% Profit)
Target 2: 9.096 Spot (9.46% Profit) Futures with 20x Leverage (189.2% Profit)
Target 3: 9.433 Spot (13.57% Profit) Futures with 20x Leverage (271.4% Profit)
Target 4: 9.690 Spot (16.69% Profit) Futures with 20x Leverage (333.8% Profit)
This can make our week so crazy.
As Always Trade carefully with the proper risk management and tight stop loss. Never risk more than 2% of your account.
#Alsaharath Traders.
LINK accumulating for almost 300 days The position has been accumulating for over 300 days, the price has surpassed all lower zones and removed important external liquidity, the targets remain only higher in the form of EQH.
A good reaction to the FF imbalance can be seen, and now this reaction should lead to the removal of EQH.
Against the potential decrease in dominance and signs of strength in the ETHBTC chart, the LINK chart looks very good.
LINK/USDT BREAKOUT! LONG SCALP SETUP!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this LINK/USDT trade setup.
LINK looks good here. Breaks out from the ascending triangle in 4hr time frame. Expecting a 15-20% pump from here. Long some here and add more in dips.
Targets:- $8.26/$8.96
SL:- $7.40
Lev:- 5x-10x
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Thank You!
LINK BUY SETUPHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the LINK symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
SasanSeifi 💁♂️LINKUSDT /LONG VIEW 👉3D ⏭$8.50/$9.50 ⬆ Hello everyone ✌ As you can see, in the long-term of 3 days, the overall trend is fluctuating between $5.34 and $9.50.Currently, the price is trading in the range of 7.50 and it is above the EMA 60 range.
. Considering the behavior of the candles and the breaking of the dynamic resistance, we can expect that the price will continue to grow up to the range of $9.50 if it stabilizes.
Possible trends are indicated on the chart.
Keep in mind that for a positive trend scenario, it is very important to stabilize the price above the $8 range.
The important support range is $7/ $6.35.
❎ (DYOR)...⚠⚜
What do you think about this analysis? I will be glad to know your idea 🙂✌
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#Chainlink tearing higher, LINK up 15% in 4 WeeksPast Performance of Chainlink
Chainlink prices are breaking higher as of April 17. Technically, the token is within a bullish breakout formation, and prices are buoyed by expanding volumes. Notice that the confirmation of the April 14 bullish breakout bar was enough evidence of strength, a net positive for optimistic traders.
#Chainlink Technical Analysis
The daily chart shows LINK prices are firm, breaking higher with expanding volumes. For now, the April 14 bar anchors the current Bull Run. Support is at the bar's high at $7.6, which also flashes with March 2023 highs. Since the current bull bars are with rising volumes and banding along the upper BB, suggesting strong bullish pressure, traders can load the dips, targeting $8.4, an important reaction line; and later August 2022 highs of $9.3.
What to Expect from #LINK?
LINK prices are up roughly 15% from April lows, and buyers are confident of what lies ahead. As price action aligns with the formation from mid-March, currently breaking out, bulls appear to be in control. For this reason, traders can look for entries provided prices are above $7.6.
Resistance level to watch out for: $8.4
Support level to watch out for: $7.6
Disclaimer: Opinions expressed are not investment advice. Do your research.
LINK above the Daily EMA200LINK has managed to rise above the 200-day moving average in the daily time frame. This movement is expected to be accompanied by a long-term bullish wave to the price of HKEX:12 and $18. Try to make your purchases step by step in the current area with low risk and hold until you reach the specified targets. Consider below the support area as a stop loss.
$LINK Accumulation Range
Crypto and a fave of mine, Chainlink .
$LINK has been in a range for almost a year. With crypto in general moving up in Q1 of this year this is one to watch.
There is a diagonal resistance from Aug 2020 on the horizon. Diagonals over a long period are ones to watch and a flip here could see buyers rush in.
This is probably a good place to accumulate but if you want to wait for a breakout to trade, you have two areas:
1. The flip of diagonal resistance
2. Breakout from the range top.
Link is definitely one to watch.
link in long accumulation phase!!🔸as u see in daily chart link is in long time accumulation phase (335days)!!
🔸u can see 200 ema still work as resistance with many trials to break it.
🔸we can see link above 20$ remember that.👀
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