LINKBTC trade ideas
Bitcoin and Crypto 12/09/2020#Bitcoin Monthly Chart - Chaikin Money Flow working wonders as an indicator on all time frames above the daily chart.
#BTC Daily #DMI - looking at the #ADX and the #DI assessing the strength and variance of the trend.
#Bitcoin 8 hour chart Good Bollinger band support now and Fib 236 still resistance.
#Ethereum Daily Chart -
#Fib retracement 382 Resistance at $377 buy signal if closes above $377 Above 50 day.
SMA strong support last two days.
#Eth - eth/btc daily chart.
Interesting the 50 day moving average has held strong support ever since the pull back on 5th September.
#Ether has also got above the middle bollinger band and held strong support in the last three days.
Currently trading at 35,773.. Above 35,914, the 050 fib I am bullish on eth/btc
In #ChainLink on the 3 day chart, the fibonacci retracement level 050 held strong support at $10.49 ...Now the fib 382 is strong resistance at $12.55. Any close above that bullish on Link.
#link/usd 4 hour chart fib retrace 236 strong support now 382 at $13.16 being tested. The bullish divergence I show here never gave link the pump I anticipated!
Similar on link/btc the 236 support and 382 resistance is the channel link is stuck in.
The breakout is a close over 126,999 sats
Two buy opportunities on this chart for LINKBTCMid-Term Forecast
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00110).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. LINKBTC is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.
Take Profits:
TP1= @ 0.00139
TP2= @ 0.00153
TP3= @ 0.00169
TP4= @ 0.01153
TP5= @ 0.01360
SL= Break below S2
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Short-Term Forecast
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00114).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. LINKBTC is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 52.
Take Profits:
TP1= @ 0.00129
TP2= @ 0.00139
TP3= @ 0.00153
TP4= @ 0.00169
TP5= @ 0.00192
SL= Break below S2
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Two buy opportunities on this chart for LINKBTCMid-Term Forecast
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00110).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. LINKBTC is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.
Take Profits:
TP1= @ 0.00139
TP2= @ 0.00153
TP3= @ 0.00169
TP4= @ 0.01153
TP5= @ 0.01360
SL= Break below S2
---------------------------------------------------------------------------------------------------------------
Short-Term Forecast
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00114).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. LINKBTC is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 52.
Take Profits:
TP1= @ 0.00129
TP2= @ 0.00139
TP3= @ 0.00153
TP4= @ 0.00169
TP5= @ 0.00192
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
LINKBTC H4: Strong chart / 18% gains possible / BUY DIPS(SL/TP)(Why get subbed to to me on Tradingview?
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-15+ years experience in markets
-Professional chart break downs
-Premiun content
-not just random lines on the chart
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
LINKBTC H4: Strong chart / 18% gains possible / BUY DIPS(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: LINKBTC 4hours/candle chart review/outlook
::: overall strong chart, coming from
::: previous accumulation in range
::: expecting breakout soon
::: 18% upside possible from here
::: buying mild dips makes sense now
::: chart may transition into bullish IHS
::: let's take it one step at a time though
::: recommended strategy: MARKET BUY
::: TP Bulls is 18% gains TP 15100
::: BUY/HOLD setup / swing tarde
::: for patient traders only / no fast gains here
::: re-test of 15100 required now to complete
::: the sequence for the BULLS
::: Just buy low and you will get paid, period
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BULLS/SWING
::: Sentiment outlook short-term: NEUTRAL/RANGE
LINK after DeFi crash2020 hyper coin Link has its first significant correction.
What changed after a DeFI crash? Well, to be honest nothing has changed. People are still loving Link and generally it is still one of the most popular investemen assets in 2020.
So sentiment is okay, people are looking what Bitcoin's next moves will be. And from TA, as it shows on a chart. Bitcoin could rally a bit so the Link could re-test a support, and after BTC will settle a bit,
we can expect Link to break that local resistance any skyrocket to the next one.
Regards
LINK/BTC is going to fall!LINK/BTC spiked from the Resistance/Support as was predicted. The price was rejected by 0.618 fib Resistance together with ROT swing.Bearish Engulfing in summary suggest that the price is going to decline.
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Also share your thoughts and charts here in the comment ⌨️ section!
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LINK.BTC (Y20.P4.E3).TA on the Macro structureHi All,
Based on the RSI and MACD formations, in my opinion, the following is likely to happen against BTC.
As for BTC I see a short term bounce to 10600 which aligns with this.
Note: AB=CD played out perfectly in both BTC and USDT charts.
LINK.BTC 2 HRLY chart
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4 HRLY chart:
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DAILY chart
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Looking for the MACD to cross over however its a slow indicator.
LINK.USDT
Please give me a like or tick for this effort.
Cheers,
S.Sari
LINK.BTC (Y20.P4.E2).Fractal and compound strategyHi All,
It is times like this (things are bullish), I search for opportunities. That 5% here and there can be compounded to make much more gains down the track.
I tend to use the total BTC equivalent as a measure to how I'm trading, especially in an uptrend. Down trend, I tend to look at the USD value to ensure I'm limiting my losses.
Anyway, here is one of those opportunities I have already acted upon.
Late last night, I flipped 1/2 of my LINK to BTC as I saw bearish signs at the micro level.
I will use the same BTC to buy back when I feel the time is right. Hence I will have more LINK and based on this chart, more BTC equivalent.
As for the 4 hrly chart, we can observe the following:
> the indicators support the fractal, from the 21\34 ema, fib level and formation\structure;
> the macd fractal will confirm it, and using the KDJ, will get an earlier signal as the MACD is lagging more so;
Link structure overview: Parabolic structure in tact and using fibs, target levels are clear
Close up view
Daily chart, candle sticks are weaker so far in this fractal area
Please give me a like or tick for this post
Regards,
S.Sari
LINKBTC price actionBINANCE:LINKBTC is showing positive price action bouncing back from buy zone shown in green and from the bottom of the channel. I would prefer to see bullish divergence on the RSI similar to the bearish divergence formed at the two previous tops, hence, there is high probability that we will visit support at 0.00097
Hit the like button please if you find this useful :)
This is only my own view and not a financial advice, do your own analysis before buying or selling
Happy Trading!
Link to bounce from the FIB 0.236!Link seems to show some signs of the possible bounce. The pair lies in the oversold RSI area and analysing the past uptrend we also see the Support that could be established at 0.236 FIB LVL , so the rise is highly likely scenario.
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Also share your thoughts and charts here in the comment ⌨️ section!
Appreciate your time and good luck!😉
LINK/BTC to bounce from the 200 MA!As we take a look at LINK/BTC we see that the pair is moving within Descending Triangle pattern. During the last pullback from the Downtrend line we got 2 Bearish Engulfing pattern. The price is testing Support zone and nearby we have 200 MA that has been acting Support as well , so we can expect the soon-to-be RISE⤴️!
If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button
Also share your thoughts and charts here in the comment ⌨️ section!
Appreciate your time and good luck!😉
Short term correction into Higher time frame supportLINK Created an impulse move to the downside on August 16th, as marked in the form of 1,2,3,4,5 impulse count. Expect another leg down after this ABC corrective wave is finished.
Price should see a dip down to .00092687 in the coming week, that support zone is a key support on the daily chart and I expect bulls to heavily defend that level.
That is where I would be looking to be a buyer for a long term entry.