Link vs btcLinkbtc seems to be printing a head and shoulder pattern sponsored by decreasing volumes. Also i catch a bearish divergence that put my target down below making a new higher high. Thst means link could reach $19 área. Shortby Jfmzuluaga440
LINK new target: 70k SATsHey Guys, Link just reversed its negative trend short-term. We are about to face 70k SATs. Trade with care! This is not financial advice.Longby senes1
Chinlink completed Gartley pattern for up to 62.5% moveHi dear friends, hope you are well, and welcome to the new update on Chainlink. On the daily time frame chart, the priceline of Link with Bitcoin pair has completed the final leg of the bullish Gartley and after hitting the spike in the potential reversal zone moved up, we can expect that it will give us another chance to catch it from the buying zone. this trade has a huge profit possibility up to 62.5%, and the loss possibility is 15%. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with tradedLongby moon3332213
Chainlink — 3 Weeks Away From Emptying Dev Team WalletThere is approximately 4 Million LINK left on 1 of 6 publicly known Chainlink team wallets: 0xf37c348b7d19b17b29cd5cfa64cfa48e2d6eb8db Four days ago, 1.5 Million LINK were transferred out. One week before that other 1.5 Million. And two weeks before that too. To put it simply, we’re 3 weeks away from emptying this wallet. Ok but, what does that mean? Token Distribution Let’s begin to remember how the tokens have been distributed. There is a maximum supply of 1 Billion tokens. This is the total number of LINK that will be ever created. This is still far from being the number of LINK in the circulating supply. As of today, there is only 408.5 Million LINK of circulating supply. That’s only~40.85% of the maximum supply. On its ICO, this was how LINK was distributed: 35% to Node Operators 35% to the Public Token Sale 30% to the Company So, 300 Millions LINK go to the company, in 6 publicly known Chainlink wallets with 50 Million LINK each (in 2017). Those are the wallet addresses with the current LINK balance (obviously some with less than 50 Million now): 1. 0xf37c348b7d19b17b29cd5cfa64cfa48e2d6eb8db (4.09 Million) 2. 0xe0362f7445e3203a496f6f8b3d51cbb413b69be2 (50 Million) 3. 0x75398564ce69b7498da10a11ab06fd8ff549001c (50 Million) 4. 0x5560d001f977df5e49ead7ab0bdd437c4ee3a99e (50 Million) 5. 0xdad22a85ef8310ef582b70e4051e543f3153e11f (37.4 Million) 6. 0xbe6977e08d4479c0a6777539ae0e8fa27be4e9d6 (50 Million) NB. For the sake of readability I’ve numbered the wallet addresses. So the circulating supply has been increasing since 2017 with transactions mostly from Chainlink’s Team wallets 1 and 5 to other wallets (e.g. exchanges). Other wallets have stayed untouched with 50 Million each (vertical line in black). The last transaction out of the wallet 5 occurred August 2019 (vertical line in blue) and to this day it has 37.4 Million LINK. The wallet 1 has been the more active and has still 4.09 Million LINK (vertical line in orange) and if we keep the same rate of the previous weeks, we’re 3 weeks away from emptying this wallet (dotted vertical line in orange). They have been selling from Wallet 1 in 1 week intervals (Fridays). There are 2 to 3 transactions of half a million LINK each in one day and again 1 week after that, at least for the past few weeks. So after the wallet is emptied, the longer it gets without them moving LINK from one of the their wallets, the more significant the case for price going up (i.e. reducing supply). I'm expecting Wallet 1 to be emptied on March 12th but they could just sell all of the remaining LINK sooner on any Friday. So watch out for the following days: February 26 (They could move everything left in one go here) March 5 (…or here) March 12 (if same frequency is kept, that would be the date) Who knows what will happen? Let’s entertain the idea for a moment that they do stop selling for some time. This is one of those cases, where the why they would do that becomes less important than for how long. Wouldn’t you say that 50 Million+ LINK would be enough to support the development of the Chainlink protocol for some time? We’re most probably 3 weeks away from emptying the wallet, and 4 weeks away to find out what comes next. And if this happens, it helps the case for upward movement.by wurucututuUpdated 121221
Crypto|LINK/BTC|LongLong LINK/BTC Activation of the transaction only when the blue zone is fixed/broken. The author recommends the use of anchoring fixed the blue zone, this variation is less risky. If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea occurs at the prices behind the activation zone. The idea is to work out the resistance level . * Possible closing of a trade before reaching the take/stop zone. The author can close the deal for subjective reasons, this does not completely cancel the idea and is not a call to the same action, you can continue working out the idea according to your data, but without the support of the author. + Maybe right now we will go even lower, then it's okay, the idea is not activated and simply canceled. + ! - zone highlighted by the ellipse is a zone of increased resistance, in this area there is a possible reversal for a correction, please take this factor into account in this transaction. The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date and time of the transaction, only %. Blue zones - activation zones. Green zones - take zones. The red zone - stop zone. Working out the stop when the price returns to the level after activation + fixing in the red zone. Orange arrow - the direction of take. Blue arrow - neutral scenario without activating the trade. The red arrow - the direction of the stop. SUM PNL: This parameter displays the total % of all closed ideas of the "new" format (according to the author) for this sector at the time of publication of the idea. The calculation is very "clumsy" just the sum of the profits of all the ideas, based on this indicator, you can more accurately assess the risks when working with my ideas of this sector. I present you the construction of the idea, you can use it yourself as you like based on your subjective view and risks, the calculation of the PNL indicator is carried out only on transactions that the author closed on TV in manual mode or by take. P.S Please use RM (risk management) and MM (money management) if you decide to use my ideas, there will always be unprofitable ideas, this will definitely happen, the goal of the system is that there will be more profitable ideas at a distance.Longby Henry_RossUpdated 887
history repeats, consolidate and move on upovertime we will create a similar exponential trend, after consolidation. short term bearish, long term vahalaLongby cmbilardo123
Link/BTC should go up hereassuming that bitcoin is gonna consolidate and go sideways for a little while, I think Link is going to want to go up. Bullish divergence on the 4 hour, and we have the potential to fakeout the impending death cross, trapping shorts who tried to front run the signal. Longby ReillyNaughton112
history repeats for Chainlink.buy or stay poor. quite simple. not investment advice, dyor, my opinions are my own. Longby cmbilardo12111
The upside potential of $LINK is just insane 😈Looking at the LINK/BTC chart I'm getting a little FOMO – not gonna lie 😰 Interesting how this will play out. I'm holding a bag in spot 💰 This is a repost from a few days ago. Idea got removed by Tradingview mods, because I'm so good it makes it look like im cheating 👀Longby kaspertradesUpdated 10108
LINKBTCLink is slowly climping up new channel, old parabolic line acts as an resistance if it can flip it as support, we might see bull return sooner than later. Fundementals bullish & network demand increasing. Good luckLongby JPV772
LINK/BTC High Time FrameNice consolidation. Bullish MS as we keep making HLs. The LHs lead me to think this is a consolidation/triangle before a breakout.Longby Riester0
LINK/BTC Time to BUYIn few words, LINKBTC is testing an upward 4H trend which is also supported by the 200 EMA. Current level (.00062) looks good to go with a long position targeting 0.00071XX as a first target. breaking 0.00074 will take the pair to 0.00089 again I think. While Stop Loss below .00058XX. P.S> The 4H trend started on 21st Jan. Happy Profitable Trades! #TAKLongby bitQirsh0
LINK BTC Long Hello everyone, I am new in this field. This post is here just to hear your opinions about this idea. Feel free to comment or message if you would like to discuss this. Idea is to combine long-term and short-term trends. Any comments and suggestions will be appreciated Best regards!Longby milos94su0
CHAINLINK (LINKUSDT/LINKBTC) Daily Trade Setups 2021/02/19Hi guys! I will be sharing the trades that I take in real time, follow to see how my trades work out! If you like this post, please support me by clicking the like and follow buttons. Also feel free to share your thoughts and analysis in the comments below! And don’t forget to check out my daily analysis on Bitcoin, Ethereum, and Altcoins! Trade Setups Below are the potential trade setups that I would be interested in trading: LINKUSDT Long Trade Setup #1: Retest and Continuation (200MAs) 1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ $31 by the time price reaches it, and bounce back up. 2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming Long Trade Setup #2: Breakout and Continuation 1. Price Action: Price breaks above and falls back down to $35.7 and bounce back up. 2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming Short Trade Setup #1: False Breakout 1. Price Action: Price breaks above and then falls below the high @ $35.7, forming a bull trap 2. Trade Entry Confirmations: A breakout candlestick followed by a breakdown candlestick, above average volume on both breakout candle and breakdown candle, MACD topping out LINKBTC Long Trade Setup #1: Breakout and Continuation 1. Price Action: Price breaks above and falls back down to 75.2K Sats and bounce back up. 2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming Short Trade Setup #1: False Breakout 1. Price Action: Price breaks above and then falls below the high @ 75.2K Sats, forming a bull trap 2. Trade Entry Confirmations: A breakout candlestick followed by a breakdown candlestick, above average volume on both breakout candle and breakdown candle, MACD topping out About Me I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016. I have worked on Wall Street trading bonds, stocks, and options. I have taken hundreds of live trades, each recorded with over 50 data points, all meticulously analyzed, using data analysis and modeling to optimize win probability and risk reward. Why Follow Me Daily analysis on the latest market movements and price zones for high probability trade setups. Sharing of live trades that I take. A great place to help each other, learn from each other, and grow together. Trading education including a comprehensive cryptocurrency trading eBook, personal advice, and other educational materials Constantly testing and adding new trading strategies and refining battle-tested ones. DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk! Please support me by liking and following, and sharing your ideas and analysis in the comments! Thanks! by cryptotraderog4427
LINK coiled to outperform BTCLink looks really good on al time frames against BTC. Daily and 4hr Class A bullish divergence. Looks ready to move to the upside. Weekly is about to flip green. An argument could be made for Class B bullish divergence however it is very close to call. Longby amindyako99222