LINKBTC trade ideas
Chainlink (LINKBTC) Buy Now or NeverChainlink is one of the best performing altcoins since 2018. LINK is in a continuous uptrend on higher timeframes. This is a great chance to buy a LINK at a discounted price and hold for higher returns. LINK will outperform most of the large-cap altcoins in the altseason. We will see a breakout soon.
Buy Zone: 51500-56500 (buy some at market price and add more in dips)
Target: 61500-68500-75000-81000-87600-94500-101200-115000-125000-146000-160000
[LINKBTC] Entering buy zoneHistorically, LINKBTC comes right back to the bottom of this pitchfork on corrections and it is entering this zone right now.
Nearing the 200-day MA which historically hugs the bottom of the correction (pitchfork)
Fib. 0.786 around the same level and a move to this level wouldn't be unprecedented
RSI is already @ 30 and for the price to go lower it would have to step foot on lower levels where it has never been before (anyway, possible)
A good buy zone represented with the violet box which goes from approx. 0.00077 and 0.00053. Distribute buys thoughtfully.
This is my research and not intended as financial advice.
Chainlink UpdateHi Guys
The price has formed falling wedge and already 2x down from ATH, you can fill your bags from here. I don't think we can go down more from here. Once the link rally started no alt coin beat it.
Link is my favorite project and my 70 percent portfolio in link. we will see ATH soon in USD value.
Targets on the chart
Best of luck
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Cryptosking
LINKBTC wants to test weekly support ๐ฆLINKBTC wants to test weekly support. IF the price will have a daily close above the daily structure, we can see another bearish impulse, According to Plancton's strategy (check our Academy), we can set a nice order
โโโโโ
Follow the Shrimp ๐ฆ
Keep in mind.
๐ฃ Purple structure -> Monthly structure.
๐ด Red structure -> Weekly structure.
๐ต Blue structure -> Daily structure.
๐ก Yellow structure -> 4h structure.
โซ๏ธ 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.
LINK falling wedgePlease feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea.
Also make sure to leave a like as it helps me out a lot!
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- Falling wedge = bullish
- Support @ 64K sats
- MACD almost bullish crossover
If we break support, next target will be @ 53K sats.
How is you LINK bag doing?
Buy the dips !!!Since my last analysis here , LINKUSDT has made a great move. However in LINKBTC pair, I believe that the party has not started yet. As you can see on the chart, there will be likely a bullish divergence (blue arrows) on 1D timeframe. The last time this pattern formed on this pair (green arrows), it had made 20% in 3 days. I believe that if the it can break the descending trend line with decent volume, it will go at least to the red zone around 100000 SATs. The Fibonacci levels also indicate targets.
This is a good R/R shot to make. You can let it go easily if it closed below the swing low around 64000 SATS
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