LINKBTC trade ideas
LINKBTC long Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
Good luck
LINKBTC breakout from descending channel 🦐LINKBTC had a breakout from descending channel, and now is testing the daily resistance as new support. According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
LINKBTC DailyDowntrend since last summer is broken and retested.
The overall sentiment looks bullish.
if the next resistance is broken we could see a nice uptrend.
This will also do good for other altcoins within the oracle space.
21EMA and 50EMA getting closer to each other. If the golden cross happens we could fly.
Link/BTC on the 4hr looks as though it's broken out.On the longer timeframe Link looks great to me. 0.0004 Seems to be hard support and I'm expecting resistances along the Fan.
LINK might wake up against BTCAfter relatively long consolidation in crypto standards it seems like LINK broke the trendline, Possible testing of 25MA which acted as support during its whole run in 2018-2020 bear market. Targets at fib levels.
No more need to be said about LINK, It's a necessary piece of infrastructure which's already adopted by all the relevant projects in this space. It's here to stay as long as crypto stay.
FALLING TRIANGLE : LINKBTCA descending triangle just formed and there was a breakout from the support level of the falling triangle
Wait for a retest to the resistance level at price 0.00054608BTC to buy the market
LINKBTC Can fly According to Andrews Pitchfork and Fibonacci retracement , LINKBTC can fly
First take profit is C level of Andrews Pitchfork
Second take profit is somewhere in Fibonacci 50-61.8% zone
Third take profit is A level of Andrews Pitchfork
Good Luck
LINKBTC - Ready to launch! Not financial advice but someone sharing his trading diary! - Make your own plans and you will do fine in the long run.
LINK is getting ready for a big move - Disclaimer: I am already long and a mid-term hodler.
Next safe entry would be at the daily level (green /yellow line (???)-- I am colorblind)
My target is the moon 8I am very bullish on LINK) but you can use 73839 // 118782
Invalidation below 33515
#crypto #link #chainlink #altcoin #oracle #tradingidea
CHAINLINK BTCWhen market goes ATH , a lot of traders struggle with point of view. We should never go lazy with checking the bigger trends. At this chart we can clearly see that LINK is at a good price compared to BTC . Moving inside (mostly) a clear channel. I believe LINK will have better market performance than BTC in the future. Pullbacks may come, but i think it will grow. Beware of volume spikes when they arrive.
Thanks if you drop a like.
Always DYOR.
LINK/BTC - $LINK - Chainlink - Weekly TASupports/Resistance & Fib overlay
Targets Fib levels 0.50, 1.0, & 1.618
Bullish on LINK/BTC in AprilChainLink had a stellar run last summer, shooting to over 0.0016 BTC. Since then, however, the LINK/BTC pair went into a prolonged downtrend even though LINK continued to post gains in USD terms.
It seems that over the past week LINK/BTC once again turned the corner. So we’ve asked Hybrid Intelligence if the trend will continue:
“The cryptocurrency ChainLink (LINK/BTC) settled at 0.00052770 BTC at 09:11 AM UTC at the binance exchange on Monday, April 5. In your opinion, will LINK/BTC trade above 0.00058849 BTC (+11.52%) at any time before April 15?”
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Assurance: 89%
That’s a bullish sign: Hybrid Intelligence views that LINK is likely to go up in BTC terms. The target is not very ambitious — this level was last observed less than a month ago. It’s also well below the February resistance level of 0.0007 BTC.
LINK ready to explodeLINK just formed a double botton and w pattern against the BTC pair, Link believers have being waiting for that move since the begging of the bull run.
Also, in the USDT graph we can clearly see a potential break of the bull flag leading LINK to the top of it´s channel from $45 to infinity.
Check out my USDT graph as well.
BUY THE DEEP of DIP 📣 (CHAINLINK/KING UPDATE)Another 📐 in 📐 👀
that will be explosive,,,
ALWAYz DYOR,,,
💚
[LINK] Still in a bearish trendLink still carries over the August 2020 "pre-pump" correction and has not performed well against other coins in this 2021 bullrun.
This can be demonstrated in this chart and IT IS STILL BEARISH. There is no confirmation yet that Link is going up by itself.
In the LOG chart, it has good and simple wave formations. I would expect either a sudden breakup or a 40k-60k consolidation before breaking up again.
LINK / BTC Secondary trend. Falling wedgeA falling wedge has formed in the secondary trend. The price is near an uptrend main trend. A breakout of the wedge resistance will reverse this local downtrend. To understand where the price is in the main trend and the logic of work, see my previous trading ideas and work updates (price movement development).
Coin in question: Chainlink (LINK)
