Support levels to stay above on to break THESE next resistances*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
Linkusdtbinance
LINKUSDT POSISBLE SCENARIOON 1D CHART I SEE AN UPTREND , I HAVE 3 HH AND 3 HL, IN THIS MOMENT I THINK I CAN GO WITH NEXT IMPULSE MOVE.
I HAVE A 4H CHART ENTRY BASED ON A HAMMER CANDLE AT THE BOTTOM OF THE CORRECTION (AT LEAST I THINK SO, A TRADER WORK'S WITH PROBABILITIES), CLOSED ABOVE SUPORT AND ABOVE TREND LINE .
WITH ALL THIS INFO I DECIDED TO TAKE A LONG POSITION, WITH A 1:4 RR AND I PLACED MY STOP LOSS UNDER SUPORT AND UNDER TREND LINE SO PRICE CAN BREED :)
I THINK I HAVE 2 KEY AREAS THAT WILL HOLD PRICE IN AN UP DIRECTION AT LEAST UNTILL THE NEXT SRESISTANCE MARKED WITH RED DOTTED LINE.
NOT FINANCIAL ADVICE , JUST MY OPINION.
LET THE SHOW BEGIN ;)
LINK USDT PAYAHello friends BINANCE:LINKUSDT
Today we are at your service by examining the LINK currency trend.
The link is in a strong uptrend Currency Link is one of my favorite currencies.
Last week we saw good news. The beginning of Link's cooperation with Tesla is a strong fundamental news that has a great impact on the future of this currency.
The link is in a strong uptrend.
Every time we encounter this trend line, we have witnessed the growth of Sharp.
On the other hand, the link came out of an incremental triangle pattern and returned to its ceiling.
The situation of the Altcoin market is declining, but the link has had good reactions compared to the rest.
If the link can not be returned from the support area 11.12
We will see it fall to the price of 10.78.
On the other hand, the link is in a short-term downtrend if it supports the price of 11.78 rather than the targets
11.29
11.44
And if it leaves this area, it will easily reach the targets
12
12.5
13
And if it crosses the price of 13, which is a strong resistance area, the TARGETS
13.18
13.96
14
14.66
15
16
Important
Process price areas have strong psychological resistance, such as 14 14.5 15 15.5 16
This analysis is only my personal opinion. Trade with your experience and knowledge.
Thanks for sharing your COMMENT with me.
LINKUSDTLINKUSDT LONG-TERM CHART
Cir. Supply - 389,509,556 LINK
Total Supply - 1,000,000,000 LINK
Market Cap - $4,514,189,423 ($4.5 Billion)
Scenario 1: - Watch out for the Whales DUMP
#Link has been showing minor breakouts in past few week but none looks sustainable and solid.
I now therefore expect ChainLink to return to $1.50 to $1.65 Billion Market cap.
If Link breaks our channel marked here then it is a sign of its down trend.a I believe during Nov 2020 - March 2021 whales normally takes their profits and Would be happy to bet all in at $4.2 - $4.5 level. Which is a major support and was its breakout point.
Scenario 2: - BTC forms a flag here and then comes PUMP
Link has been reacting positively to BTC rise since long. As, more money in BTC means more money for LINK or BNB or ETH platform.
Thus, If BTC continues to surprise us and breaks 13,500 resistance then there is no reason for Link to be bearish.
Just as ETH or BNB it will cont. to sail ahead along BTC and will hit the new ATH finding resistance around $24-$25
<> This is Not a Financial advice. Just sharing my thoughts.
LINK 1D. Critical point $11.Undoubtedly, now Link is at the global correction stage , it remains to figure out in what format.
If it is a bear wedge (in black) , then the price from the current levels should begin to fall to the level $11. From there, the fall could accelerate to $8.80.
If the correction is formed in the form of a bear flag , then there is a possibility of growth to the zone $13.50-16 , which was written about in one of the first ideas.
However, this condition is activated if the price can fix above $13 per Link.
Our series of Link ideas is quite large. Some of them went straight cent to cent, others turned halfway, but the coin is technical and interesting to the audience, so we will continue our global review.
And you subscribe to us and like not to miss the new episode!
Link at a turning point...I want to get some feedback on a potential linkusdt trade idea.
As the whole market, Link has been bleeding since the beginning of September and seen a down trend of more than 50% as of right now. It reached a low in September at around $7.20 and after saw a strong rebounded to $11 and retraced back to around $9 as of right now.
The monthly high(July) around which link is currently hovering is at $9. I have to potential scenarios I want to play.
1) If link closes below $9 on today's daily I see more potential downside for the week and will open a short position around that level. The risk to reward is good, support being lost and MACD being in the negative territory is confirming the short bias for me.
2) Closing above $9 on the daily, hovering around that level for the week and then breaking out to the upside. Bullish bias confirmation: The market has been bleeding since september and everybody has been in a light fear state all throughout the month, so a potential bounce seems reasonable at this point. On the Santiment platform the 30D MVRV ratio is showing that Link is in a potential buy territory. Lastly, $9 being a relative turning point since the last bounce to $11.
I am relatively new to trading. Started in the summer of 2019, still not profitable but doing better than before. I want to become profitable and any constructive feedback that could get me to that point is appreciated.
LINKUSDT completing final leg of bullish BAT | Upto 207% moveThe priceline of ChainLink is completing the final leg of bullish BAT, the targets as per the Fibonacci sequence of BAT are:
Potential reversal or buying zone: $7.17 to $5.53
Fibonacci projection or sell zone: $11.10 to $17
Regards,
Atif Akbar (moon333)
link is going to die ?!
🌴FREE COIN ANALYSIS🌴
💎Poor $LINK going to see more blood soon. 4H closed below the swing low. Aligns with the idea of more altcoin blood to come.
💎 BTC dominance seeing a rise over the last 48h ( weekly open ) as Bitcoin seemingly outperforms the market (but does not look good as well no more). Immediately this can be interpreted as bearish for altcoins, especially if we start to see a run-up towards resistance at 64%. Presently, we don't recommend buying new alts as they are likely to keep dropping against bitcoin.
💎Stay safe✅😎
Have you given up hope? LONG LINKUSDPlaced two stop losses (S1 being for day-swing traders) & then the main one being S2 -- for the superlong HODLER) who has been in this far too long to quit.
I learned to program python 3.6, cobolt 6, java, API & cloud computation + data compression through kubernetes/docker... I've invested too much time into this career, what am I supposed to do?
I learned to be a financier (from trendline breakouts) to fundamentals/market data, conducting TA & more...as I've said -- TOO MUCH OF MY LIFE/TIME INVESTED/WASTED, WHAT AM I GONNA DO?!
Just QUIT?! & "LearntoCode?"
I can't...this is ALL i know how to do...
Anyway I'm balls deep in and when I see a superlong like this (est. timeframe >30 days min-- though if I had to GUESS a ballpark on these figures I'd say 2-3 months. So by start of Q3, that's a complete pulled out my ass figure so don't take that as bond.
When I see patterns emerge like this from a fundamentals perspective I cannot help but get excited for the future, despite the fact that i've cried myself to sleep last night and every night since last Monday.
Disclaimer
Note: This is strictly conjecture based on my own technical analysis and not any information based on any sources from the GOP Or federal government/treasury dept / ay institution of any form this example is for educational purposes only and should not be relied upon for any other use. Please invest responsibly and make all decisions based on your head; not your gut. Any projections or figures provided in this analysis are Forward-looking statements And have no basis Other than my own opinion and not information related to the GOP, SEC or wall sf in general. Just the wiz doing what he always did best — Disclaimer must be extended and extensive So forgive me as I need to truly emphasize None of the information obtained in conducting this analysis was provided by insider trading in anyway shape or form.
Certain information set forth in this presentation contains “forward-looking information”, including “future oriented financial information” and “financial outlook”, under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; ( iii ) the expected development of the Company’s business, projects and joint ventures; (iv) execution of the Company’s vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company’s projects; ( vi ) completion of the Company’s projects that are currently underway, in development or otherwise under consideration; ( vi ) renewal of the Company’s current customer, supplier and other material agreements; and ( vii ) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment.
These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.
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LINKUSDT - Triangle pattern, what will happen ?Greeting,
we are now watching LINK USDT on 4h chart. It looks like a bullish triangle pattern, but needs to wait for confirmation.
It can move in any direction.
T1 - is obvious if it goes up.
T2 - wait for confirmation (bullish candle) after T1
T3 - some higher goals we can only guess
T1 goal = stop below 7.4
T2 goal = stop below 7.00 - which is the main support for the current price range (7.0-8.8)
Under 7.00 we are going deep down to 5.8-5.7
Just my opinion.
LINK/USD, FOMO is Still in the AirMy Last Analysis on LINK/USD, has reenacted somewhat similar, and I pulled out at 7,1ish.
Overall I don't think greed for LINK/USD is not over yet and FOMO is in the air.
I advise we all just stay calm and be rational, LINK just reached its all-time high, it doesn't sound logical that it will go any higher in upcoming weeks. I would say a ranging market to appear would be more logical if LINK able to maintain its value than going on a higher price.
For those that wish to trade in the current situation, you are welcome to use this as your references:
From here we could identify 3 key levels for LINK; 8,1ish, 7,6ish, and 7,1ish.
Here another bonus
Will LINK be the alt that'll link us to the moon? LINKUSDT
Loving what I’m seeing on LINK atm. There could potentially be a huge reversal coming after such a long bullish run.
We have hit a level of major resistance at LINKs ATH resulting in a double top. I can still see bullish momentum so I don’t feel the bulls are tired just yet, some large bodied green candles show me they’re still around and still fighting. I want to see them starting to get exhausted with smaller candles and a bearish engulfing.
The long wicks on some of the red candles at this area show me there is a fight going on to bring the price down but in this momentum, who will win is still undecided.
I’m not sure I would long if we were to break above residence as I wouldn’t have previous structure to guide me however, if we were to break support and retest, creating and LH followed by a LL, then I would definitely be opening up shorts to ride this baby down!
Take profit areas would be at previous structure around 4.5354, 4.332 and final at supply around 4.2. This would be a multiple take profit trade for me.