LINKBTC trade ideas
Resistance at 66-70keks, consolidation neededTA:
As we can see, there is a daily resistance supply zone from 64keks to 70keks, with the 20day ma also acting as resistance which gives confluence. As such chadlink has to consolidate for awhile, before it can swiftly reclaim the 20day ma to break resistance of the supply zone at 64keks to flip it into a support zone. Doing so will reclaim the parabolic trend line and will ensure that we see 180keks at least for a new linkbtc ath.
Fundamentals wise:
Staking is expected to launch Q1 of 2021, and whales are accumulating which decreases supply in exchanges. Decreased supply I exchanges will make it easier for pumps.
What to do:
HODL
ChainLink (LINK) Moving Higher (160%+ Mapped)ChainLink (LINKBTC) is looking more than ready to grow strong.
We just looked at the ATOMBTC chart and this one is very similar...
First, we have the broken downtrend (you could also draw a descending channel here).
Second, we have prices moving above EMA10, EMA21, and EMA50... In this case, LINKBTC is also above EMA100 signaling additional strength.
With the MACD on the bullish zone and the RSI ultra-strong (above 60), it is clear that ChainLink is ready for sustained growth.
Thanks a lot for your support.
Namaste.
LINKBTC | Long Position on Support LineIt's clear LINKBTC is currently at an important support zone.
Risk/Reward is high and therefore I'm taking this long position.
Another option is to trade the weekly chart and place a stop-loss at 59500-ish sats. I'm however aiming for the short-term bounce here.
BTC-LINK follow perfect my prediction !!!!!BTC-LINK follow perfect my prediction !!!!!
Don’t forget to push the like bottum. Thanks.
20% up from last buycall - Link ready to 2x in few weeks?Hope u bought.
Stopploss under trendline - red.
modern
Crypto|LINK/BTC|LongLong LINK/BTC
Activation of the transaction only when the blue zone is fixed/broken.
The idea is to work out the local resistance level and work out the reversal pattern "W".
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 - the 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.
LINK/BTC looking like a beautyJust as predicted on my last post, link/btc is getting ready for a big rally. It held the resistence of around 0.00055 perfect. Im seeing a minimum target of 0.0014 link/btc over the next few weeks. Strong hold rn, dont get shaken out to sell cheap link to whales and smart money. Chainlink grayscale trust coming! If you like this content like this idea and follow me for frequent technical analysis. Its comeback szn fellow apes.
Link breakNice exit on the daily cloud. If we finish today strong, could be the start of a good run. Weekly and monthly look like a reversal also.
Link breakoutHorizontal red line is the top of the daily close. If we can stay above, we could see some bullish movement from link.
Bull flag pennant for BTC-LINKBull flag pennant
Maybe we go to 0.00073387 BTC-LINK
Don't forget to push the like bottum. Thank you.
LINK bullish signsLink reached its lowest point since april around the beginning of the year. We have since come a long way.
Drew a FIB retracement.
- Price consolidated inside the golden pocket and then shot up.
- 50EMA crossed 200EMA, which is a very bullish sign.
- RSI trendline has been holding quite nicely.
Will be buying here and another part when it touches the .382 level.
LINK re-enters rising channel vs BTCWith the last BTC correction, LINK re-enters the ascending channel against BTC.
When LINK hits the top of the channel, expect a retraction.
LINK seems to have printed a bullish unique three river bottom, just like BTC against USD.
Want more Bitcoins? BUY LINKI have drawn a rough gann fan to show possible future targets for the link to bitcoin ratio. If we re-visit the top band during the next link bubble, that could lead us to 0.005, more then 8x what it is right now. This means if you sell 1 bitcoin for its equivalent link you could turn it to 8 bitcoins in the future. Big stonks. The chart also seems to suggest a path to 0.01 is more then in the relm of possibility. Missed 10k bitcoin? Catch up with chainlink! Just my opinion and what I see, do your own research.
LINKBTC a mega bullish setupHey friends, hope you are well and welcome to the new update on Chainlink.\
All time high resistance broken out:
In USD market, the priceline of LINK has found a good strong uptrend line support. And broke out the all time high price and sets new all time high price level.
Up-channel has been broken out:
On the daily time period chart, the price action of Link formed an up-channel. There was also good support of 200 SMA at the support of channel. Now finally the priceline has broken out the resistance of this channel.
SMA support re-test:
Now if we take a look at Link with Bitcoin pair monthly time frame chart, then the priceline of Chainlink is testing 25 simple moving average as a support 1st time even in the history of Chainlink.
Conclusion:
In US dollar market, the price action of Chainlink has already crossed all time high but in Bitcoin market it has moved down at the strongest support of monthly 25 SMA. Therefore in future a very powerful rally is expected.
Buy LINK to double or triple your BTC in 2021#LINK just bounced back strongly from a strong weekly uptrend line support on #LINKBTC chart. It confirms a solid uptrend parallel channel in weekly TF and I saw a big opportunity to double even triple your $BTC in 2021.
#Chainlink #Bitcoin #Oracle #DeFi #cryptocurrency
