LINKBTC trade ideas
LINK/BTC Possible move to the upsideLink has been dropping against BTC for 4 months straight now. The MA20 offers a strong support in a bull market. Touching this Moving Average could mean a change of trend to the upside. (lowkey trying to earn reputation points to be able to type in chat)
linkbtc level to watchHere's my take on linkbtc....level to watch for trimming or taking partial profits. Missed the BTC run? Here's a chance to stack sats with link. Fibs line up nicely with previous resistance/support levels.
ChainLink BreakoutLink breaking above USD and BTC resistances and looking good. could see some chop around this resistance but think it will continue to follow through
Not financial advice
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 testing the top of the rangeThe same range that started the June 2020 parabola. I am biased long because of the double bottom. No need to guess, wait for the breakout and consolidation just like in June.
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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Link retest successful! long until the major trend is over!Link trend reversal!
This is not an inverstment!
LINKBTC potential long opportunityLINK is one of my favorite coins, it has been in an uptrend for 2+ years. Currently consolidates around the final pump start position. Which I think could be a good spot to add long when bullish candlestick pattern occurs.
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.
Bump and run pattern in LINK/BTC pairThe bump and run reversal chart pattern, also known as BARR, is a reversal pattern that is formed when a stock goes through a fast and large price hike as a result of excessive speculation in the market regarding the stock.
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
LINKBTCHi All
IMO LINKBTC and LINKETH have formed inverted head and shoulders patterns
LINK should outperform both in the coming days/weeks
Hope everyone is surviving this correction ok
I am significantly increasing my exposure to LINK at this time
Good luck
$LINK/BTC ARE YOU READY FOR THIS ROCKET?!Soon as we break out of this multi month resistance line we should see link explode both BTC and USD pairs.
Chainlink looking to make a move against BitcoinChainlink is battling with the 21 day moving average. Any move above the 21 day ema can viewed as a bullish move. We also recently had an RSI low and the volume has spiked since. It seems to have had a strong bounce off of the support of the red support line. Be Patient, look for another bounce or a breakout above the 21 day. I would bet against another bounce as it already touched it twice.
Success is a series of small victories.
LINK Next in Line to Rally?Major Alt coins of BCH, ETC, MKR, have all posted 60%+ rallies the past few days.
LINk has also been consolidating above .0035 and .005 BTC and put in a higher low on this weekly candle. There is some symmetry in the higher low with the low of two weeks ago and this seems to be the bottom for most alts vs. BTC. LINK should therefore also be in that group and ready to rally with a break above the .005 level.
Stop entry set for .005.
Will also add to the position once the weekly chart produces its first green close.
