LINKUSDif eth runs eth ecosystem coins should also?
everything looks like late rallying here but unsure how the follow through will be..
decent r/r plays depending on risk tolerance
harmonics appear to get pattern countertraded as much as the usual fallingwedge/bull/bear pennant structures in crypto lol
or im just not v good at finding them yet aha
anyways udpated chart..
LINKUSDT
LINK AnalysisHello Dear, as we can see in the chart, Link kind of broke the daily down trend line but it's not moving toward upper resistance yet.
instead formed another dynamic downtrend in which is clearly visible in 4h timeframe.
If it breaks that up and give us confirmation, we can go long. otherwise we are short now.
Chainlink (LINK) - October 19Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(LINKUSDT 1W Chart)
The key is whether you can climb to the 11.976-15.374 section.
To do this, it is necessary to check whether it can be supported near 6.7.
(1D chart)
Resistance: 8.290-8.822
Support: 6.7-7.411
The key is whether it can find support at 6.7-7.411 and move above 7.605.
To do that, we need to make sure we are breaking out of the downtrend line.
Otherwise, it is expected to drop to around 4.976.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
LINK's Situation Right now Hi. LINK is in a Bullish Parallel channel . This Means The Price is gonna be Bullish (at least for a while) . So Right now the Price is at the Bottom of the Channel and We expect the Price to Increase to The Top of the channel. The price might wanna retest The bottom of the channel and Than Start the Bullish Movement. In any case 8.735 is the Target.
Good Luck With your Trading!
Is the bear market over for DIA? $2.388 on the horizon?DIA is one project I've followed for a while now. I did my fundamental analysis and at the same time followed the price closely, making some incredible gains trading intraday.
For those who don't know what DIAdata (DIA) is, it's one of the web3 data oracle projects in the space. You can find more about this project at DIA official website. It's one of the top Chainlink LINK competitors.
A recent analysis I made on DIA shows that the asset could be on its way to $2.388 in the coming weeks to months. It currently trades at $0.397 at the time of publishing this analysis.
On the weekly chart, DIA has formed a descending wedge; in this case, signals a bearish reversal for the DIA asset.
The target is always the top of the wedge which in this case - is $2.388.
Remember, this analysis is based on the weekly time frame and may take weeks to months to finally hit the desired target. There's also a possibility that we make further lows or play sideways before we finally head towards the target.
What's your take on this, I'll like to know your view.
Link will bleed (short)Clear chart for my previous analyze (you can check in related ideas)
for Now, the best position is short, we are under supply zone
wait in the supply and demand zones and make your decision,
my decision: I am in a short position and I am sure if goes up it can bleed more and more...
The daily demand zone is valid for long setups.
LINK : Bearish setup here...Link is trading inside a bearish pennant like pattern and if price breaks below the trendline, Expecting more downside for Chainlink.
Traders can keep manual stoploss of hold above 7.2
Linkusdt Long📈FOLLOW ME FOR ANALYSIS ON TRADINGVIEW ANDT.e.L.E.g.R.A.m
Trading proposals post based on price action,
technical analysis, major intraday supports
and resistances, rejections, breakouts, chart
patterns and other factors.
How this analysis was done:
First I find usdt pairs using crypto screener then if all Three×3 in 1 indicators gives main entry confirmation at the same time I go with the analysis then I find Support and Resistance zones in 3x entry timeframe also using one of the three indicators for backing up my analysis and filter bad signals then I also make trendlines using two of the 3 indicators in 3x entry timeframe for filter out more bad signals then again using one of the 3in1 indicators I filter fake breakout in entry timeframe and in higher time frame and then if other minor conditions is confirmed the analysis is done.
Take Profit:
Blue zone is potential reverse zone
Take profit is A/B/C Zone point
Take profit is dynamic/trailing stop loss/take profit
Stoploss:
Red zone is Stoploss
Stoploss is above/below the D Zone point / danger line
Trading and investment in the financial
markets always involves high risk, So In order
to succeed using our signals make sure you
have learned the essential skills for money and
risk management
To SUPPORT this channel, please press the
LIKE button, COMMENT and Share with your
friends
#Chainlink in a Bear Flag, LINK Dumps 5% from $8.2Past Performance of Chainlink
Chainlink is up roughly 35 percent from 2022 highs, but the token is within a rising wedge, a bear flag, and down five percent on the last trading day. From the performance in the daily chart, LINK bears are in charge. This preview would, however, shift if LINK breaks above $8.2 with expanding trading volumes pointing to changing sentiment.
#Chainlink Technical Analysis
The primary trend, from a top-down analysis, is southwards. From this angle, the main resistance line is at $9.5, marking August 2022 highs. LINK prices are currently under pressure, dropping five percent on the last trading day. Still, LINK is within the ascending wedge, and there are increasing risks of further liquidations. Losses below $6.6 would favor sellers, and LINK could sink to $6.1, below the support trend line in a bear breakout formation. If Chainlink is to bottom-up and bulls unshackle themselves from sellers, there must be a decisive break, first above $8.2 and later $9.5. In both instances, participation should be high.
What to Expect from #LINK?
Traders are cautious despite LINK outperforming Bitcoin in the past few trading weeks. Overall, LINK is in a bear flag with clear caps at $8.2 and $6.6 on the lower end. As the token yields to bears, traders can wait for clean breakouts in a welcomed shift of trend (though odds are low) or bear trend continuation towards critical support levels of Q3 2022.
Resistance level to watch out for: $8.2
Support level to watch out for: $6.6
Disclaimer: Opinions expressed are not investment advice. Do your research.
ALTS via LINK - 'Time to pay attention'Altcoin Market via LINK
I won't pretend to know if this is bullish or bearish consolidation OR accumulation - meaning I would know the next major direction.
If you see accounts telling you the next move, just consider this chart and make your own opinion because in all honesty they don't know more than the next trader.
This is subjective, so anyone is entitled to their opinion here.
One thing I know for certain, this is definitely a period consolidation - Whether up or down is the question.
It helps to understand this though, despite not knowing direction in the next big move. This is because you can wait for a clear decision, and plan for the longer term.
If this breaks up, perhaps it is then accumulation or bullish consolidation, meaning you should plan for a lot more upside. On the contrary, if we break down, we have a longer and extended bear market (jump out of BE positions and wait wait wait...).
This is a critical period in the market that will decide the next 4-6 months of PA in my opinion.
Time will tell, but if you plan accordingly as much as you can you will be successful. Preserve capital if this is NOT the bottom (to buy/accumulate lower, not all of us have unlimited capital to buy every week as we drop), OR have the ability to switch your bias if this is potentially 'the' bottom and accumulate on dips upwards - ie: don't get bear market PTSD and stubbornly avoid the trend reversal.
This is my strategy, tried tested and true. Food for thought.
V
LINK/USDT KEY LEVELS Will be looking at this key levels on link for possible reaction, a push towards the $7.8-7.9 and tight stops $8.1, if it breaks will quickly cut off at $8.1 and wait for the 4h resistance at $8.3-$8.5, my buy zone is $7.15, will wait a pullback to that zone to get a buy opportunity. trading level by level
Chainlink (LINK) - October 10Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(LINKUSDT 1W Chart)
Whether or not it can move higher than 11.064 is key.
To do that, we need to make sure we can keep the price above 6.7.
(1D chart)
1st resistance: 8.290-8.822
2nd resistance: 9.869-11.064
Support: 6.7-7.411
If it finds resistance after falling from 6.7, I would expect it to move towards the 4.976 area.
------------------------------------------------------------ -----------------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
LINK: Best Entry if you're looking to HODLI think LINK is another coin that is now forming a base. I like the way it sideways out of the trendline. LINK has a very strong adoption as it is one of the biggest infrastructural service provider - an oracle. Recently, it was invited to be a project partner for sth link CBDC as well. That means the authorities have a friendly view toward it.
Personally, I find it the best timing to invest in it and it is a potential bottom now, though some volatility might be found if it is going to test the bottom one more time. Yet, it is the best place for HODLer.