Is LINK ready for another leg up60% correction in 80 days, LINK barely wicked in demand zone, currently trading below the resistance.
The daily chart shows some early buy signals, wave trend slowly changing to the upside, OBV also pointing upside but still in negative territory.
One more touch and bounce in the demand zone would be better and safer signal.
LINKBTC trade ideas
LINK looks good for a short period of time!So the 3rd wave was the top. And it seems we are in the C Wave of 4th wave. And even closer look, we are in the 4th wave of C. This means that it will go up to the green area (might extend a bit). But then the price will go down for the 5th wave.
After the 4th wave is over then we can start accumulating. For short term investment it can be bought but the position should be closed around green area.
Happy hunting !
Lank, still profitable !link
This cryptocurrency has a potential of another 16% profit. As it has given a 14% profit in the last 24 hours.
By examining the RSI, CCI and MACD indicators and considering the average daily trading volume as well as the Bollinger Bands indicator in the daily time frame, it can be concluded that there is still room for profit and should fluctuate.
Lank, still profitable.
LINKBTC which path?Which path will it follow, the double bottom or the inverted head and shoulders? I prefer the latter but price reached the ichimoku resistance and bearish divergence will form on the slightest pullback pushing prices down. All paths are good, unless it nukes for some unforeseen reason.
Link usd will follow a similar paths.
$LINK, Falling below ~78k support level...$LINK
Falling below ~78k support level.
As BTC keeps pushing up & & ETH drags Alts spotlight
I would expect further downside (S/R flip may happen so look for that entry if you are not already in)
~62k sats as next support level if continuation happens.
#LINK
Link looking bearish on both usdt and btc pairLink start to look bearish now
As you can see in btc pair it forming symmetrical traingle and start to break it
In usdt pair it test the trendline support for 4th time which make it weaker
And we can look for sell position if it broken or at retest it
Agree or not show your opinion in comment and support by like and follow
LINKBTC AnalysisSince there are 3 SELL signals present, I'm BEARISH.
So, I don't think this is a good time to buy yet.
If you want to buy again, we have 3 different options.
1- You can wait for EngineeringRobo's BUY signals to be present,
2- You can wait for candles to open-close above resistance level (0.00087) for 1D to buy,
3- You can buy when candles touching the support line (0.00045)
After you buy, please watch out for EngineeringRobo's sell signals and consider selling it.
CHAINLINK PRICE ANALYSISThe LINK market cap currently stands at US$4.22 billion, based on a 387 million circulating token supply, with US$770 million in trade volume over the past 24 hours. The spot price has continued to hit new all-times throughout 2020. Among the current top 20 coins by market cap, LINK was the best performer in the USD markets during 2019.
Technicals for the LINK/BTC and LINK/ETH pairs suggest a bullish outlook with a continued multi-year bull trend. f prices move higher throughout 2020 and 2021, LINK tokens held by Smart Contract Limited may again be sold at a higher rate, as was the case in July through August 2019. Additionally, as ETH enables staking later this year, the LINK/ETH pair may enter a short-term bear market fueled by ETH speculators.
Previous Close 0.001
Open 0.001
Day's Range 0.001 - 0.001
52 Week Range 0.0002 - 0.0017
Start Date 2017-09-20
LINK/BTC long I'm not super into this trade, it being the eve of US election, so definately manage your risk... but gonna take a link long here vs btc.
Taking the low from October 7 as a basis for a stop, its a 6R trade.
But if the most recent low is taken, it is over a 10R trade.
And if it does get to target area, indicated by green resistance line, around 95000 sats, I will manage it with a moving stop as opposed to a limit sell, as that will be the 5th touch on the resistance, and it very well could break through to the upside and reach its previous all time high.
Entry: 0.00081122
Stop: 0.00080000 or 0.00079000
Targets: 0.000850000, 0.00095000, w/ trailing stop
Watch out for election wicks.
Travis
In God's Will
JMJ
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