Third best entry into Link OF ALL TIME (linkbtc and linketh)LinkBTC has gone against the lower limit of the weekly bollinger band twice before. Technically speaking those would be the best time to go into link versus all other major coins considering how important btc pairs are. BTCUSD has been on an absolute tear and that is why linkbtc has been brought to the base of the bollinger band.
The wicking and now green candle about to complete in some 22 hours suggest the bottom on the pair is roughly in. The massive amount of bullish divergence on the MACD and the RSI also back this up. This is now the third best entry into Link of all time on the weekly timeframe.
Link.d is also at a relative low. I made the green boxes first based on visual recognition then threw the MTF BB on and I see that link.d is against both the weekly BB lower limit and the monthly baseline. Given how well linked is poised to set ATH and how it is set to rally against BTC there is a lot of confluence saying link is going gangbusters to the upside.
Likewise link is poised bullishly against eth. It seems that for a long time there will be endless gains for chainlink. This is the second best entry against Ethereum.
I cannot, for legal reasons, guarantee anything. But when link is going to 40-50k a few years from now and you own and held the link you bought after reading this you will be glad you bought however many link you buy. This is like buying btc or link at $15-20$
LINKBTC trade ideas
LINKBTC BreakoutGEMINI:LINKBTC
After Bitcoin's recent correction, LINK/BTC has started to break through its downward trend coming from its previous ATH. This very well could be a reversal with a new upwards trend starting to form.
With this coming at the same time as LINK setting a new ATH, This could potentially be the start of a massive run.
As always, this is not fiancial advice just my speculative opinion. Do your own due diligence.
Leave a comment and let me know your thoughts or other possible ideas!
LINKBTC Falling tops again, Linkshow is over. Same analyse as SNX lately, RSI show a strong rejection to create uptrend with the tops, I see it falling till oversold or close in the next days.
Buy back when RSI creates uptrend while more dips, confirm with 5min chart?
This is my personal analyse, no expert here but has seen some regularity with these while BTC is still on the move.
Very close to BB lately, 12 passing under 26 now from super high levels.
LinkBtc Last chance to come back strongHi everyone,
LinkBTC Prices are at weekly trendline support
and horizontal support.
26 ema was the strong support previously (orange Line) and now act
as resistance and that is my target
RSI is at historic support of July 2018.
All indications reflecting that LinkBTC is ready to gain momentum against BTC in the next few week.
Enjoy Trading this pair
Have a great day
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Looking for an alt seasonAfter the 2017 highs there was a very profitable Alt season after it dipped.
I'm watching the LINKBTC pairing as my indicator for an Alt season. If it breaks this obvious downtrend line then that will be my signal, and it looks like its preparing to.
I've already packed my bags and cashed out my BTC profits so I'm good either way, but I have no reason to believe there won't be an Alt season. Alt BTC pairs have remained resiliant, and also keep an eye on BTC dominance. It won't take much BTC to pump alts.
LINK/BTC looking like a great buy opportunity-sitting on Fibonacci support
-massive correction from ATH in btc
-1 day RSI recently recovered from below 30 and is creeping upward
-BTC cooling off from highs and profits taken may flow into alts he first place they will go is into large cap altcoins
-LINKUSD recently took a very large hit