$LINKBTC breakout 🚀🚀We are just about to break through the year's resistance, which could lead to a big climb if retested.
The next few days will definitely be exciting.
Leave a like if you like my analysis :)
LINKBTC trade ideas
Chainlink vs BitcoinThe above 4-day chart printed a warning with yesterday’s candle. Following an amazing 6000% rise against BTC and overbought condition (green column)... there is now a bearish head and shoulders reversal pattern. Ideally price action will now rise to confirm resistance on previous support (orange line).
During July we saw bulls push through resistance to enter the mania phase followed by a ‘blow off top’. A blow off top follows a strong rally with falling volume, which is what we have now.
The weekly chart below has price action falling through the 21-ENA (yellow). Although the 50-week EMA (green) may offer some support, we’ll have to wait and see.
RSI 52 on the weekly is an important level for Chainlink, every time we cross to the downside price action falls. Circled in black we can see RSI is crossing down. This is certainly a bearish outlook for the near term.
Facts:
1) Price action broke through the 21-week EMA.
2) Price action then confirmed the 21-week EMA as resistance.
3) Weekly RSI breaks support.
Target? I’m expecting a 70% correction to 0.00022 sats
Weekly chart with RSI crossing below 52
CHIAN LINK / BTC (SHORT ) CHAIN LINK / BITCOIN looking going to drop soon we have bearish divergence on rsi we near to the 800 ema the blue ema
and at the hight ADR
it's more likely to me to drop down
A Look At Oracle Protocols Huge Upside PotentialHere a look at Chainlink (LINK), Universal Market Access (UMA) and WINkLink (WIN) in comparison to BTC and as a type of blockchain protocol.
Overall the oracle protocols have heavily retraced about 80%-95% and it appears they are ready to explode again.
Assuming Bitcoin will kick off heresoon the final leg of its bull cycle these altcoins have great potential to gain market cap and price.
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LINK/BTC LongThe last upward cross of the green EMA with the red RSI resulted in pretty good gains.
This is a clear long. We can put a stop just below the recent low that was set.
$LINKBTC Ratio Chart - Looks bullishThis weekly log chart is looking very good to me and adds fuel to the $LINK chart I posted this week. I think a major move is coming in LINK. Looking forward to watching this play out.
BUY THE DEEP of DIP (CHAINLINK/KING UPDATE)hi 🖖🏼
Last swing with LINKBTC was very good and now this asset have a good support area on green box and RSI (1W)
so im buyer on greens with SL on white and TP on reds
i'll share lower TF in this below
#NFA
#DYOR 💚🥂🍾
Chain Link is Trying to Move- expect a Giant Move in Coming daysBINANCE:LINKBTC Looks Nice atm. It remained in ranges during Last few weeks.
Most of indicators are taking a shift towards bullish bias and volume had increased over past 2 weeks.
Currently Needs a bit more Volatility but a breakout looks like around the corner. Its a 2 day chart it can take time to develop do not fomo buy.
Weekly levels zoomed in
Happy trading
LINKBTC - CRUCIAL Decision PointCan LINK retake the former support level at 0.00036 BTC and find its way back to the top of the channel and beyond?
Or is this retesting the support flipped resistance before a momentous drop?
The next week should tell us clearly. If it retakes support, it's bound for .00055 BTC +
If it falls below around .00032 from here, time to cut losses if you've been holding waiting for Chainlink to wake up like so many of us.
Personally I will cut my stack by 80% if it falls below .00032.
Good luck and enjoy.
LINK/BTC Bull Depend on This support#LINK/BTC TA Update:-
#LINKBTC trading price is 3400 Satoshi
As per chart this is important level which depend Bull or bear.
So If hold 3100 sat level then we can expect bounce back.
Bullish Mode activated = Above 5500 sat
Bearish Mode = Below 3000 Satoshi
Never Invest without any confirmations.
Always use Stop loss.
Support:- 3100 Satoshi
Resistance:- 5500 Satoshi
LINKBTC - close to the bottomLINKBTC is near the tip of a falling wedge which have a bullish bias and it's very close to the daily 200 SMA.
We can see bullish divergence on almost all timeframes and the 23500 - 25000 range is a zone of major support.
The parabola for LINK/BTC is still intact and it's very close to it.
This all points to a reversal in the near future and looks like a great zone to accumulate for long-term positions.
Let me know what you think and best of luck with your trades!
LINKBTCHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. The price had a rise and then fall forming the H&S pattern. The price was rejected at the R1 line which is the resistance created. S1 is the support area. We expect it to be supported at this area and break the R1 resistance. If this happens, the price can move up to the R2 area.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
LINK (ChainLink) Weekly Trade Follow Up. BINANCE:LINKBTC has lost the gains it has made on the first half of January. We are now retesting the 4-year long trendline that has held as strong support after reversing off of the 0.236 Fib line above. We did anticipate such a move in preparation for higher highs. However, we haven't yet gotten confirmation that LINK will not break below the strong support. The current weekly candle is only one day old. Zooming in to the daily, we don't see signs of reversal either. It is crucial to see a bullish pin bar (hammer candle) before setting up for re-entry. The stop loss will be just below the 3600 Satoshi support line. Breaking that line signals that LINK is too weak to surpass the recent high of 0.236 Fib.
Current market volatility makes this trade risker than usual. Therefore, lower capital should be allocated on it. The reason is that I would not be surprised if during this week, price breaks below 3600 Satoshi and rebounds back to 4500 Satoshi above the rising trendline.
Summary:
If you're not holding a position in LINK, then wait for reversal signal.
If you are holding a position, then set a generous stop loss below 3600 Satoshi and reduce your position such that the loss is manageable. You can always re-enter this trade after we see reversal. Remember that our target is at 16k Satoshi in May or July. It's better to enter with more confidence even if you waste the perfect entry.
Good luck
LINKBTCMarket Sentiment
Monthly: Bearish
Weekly: Bearish
Daily: Bearish
2H-4H: Heading toward resistance
LTF: Heading toward support
Notes
$LINK is bearish across HTF. I'm mainly looking for shorts on this coin but we can trade either way depending on BTC PA.
I would not hold this on spot until break of bearish market structure on the daily
Check BTC Pair
General Guide:
1.) Anything above price is a resistance, anything below is support.
2.) Proceed with caution when taking a trade based off of this chart.
3.) Make a copy of it to watch it in real-time. Click the share button, then "Make it Mine"
4.) It is very risky to set limit orders, I advise you to set alarms and when it hits, check how it reacts.
5.) Watch the BTC pair closely as price will generally follow that pair.
6.) Base your trade off market sentiment
REJECTEDLINK has been rejected by 1.5 years of strong resistance line. Next is to observe if the 50W EMA will act as a support. But the obvious thing is: Nothing can go down forever. The time will come for the Link.
LINKBTC : LINK ready to test $65 and enter TOP 10 Market Cap ?Link has been showing strength lately. Positive price action so i thought id take a look against the Bitcoin.
Link showing lovely structure here. It has turned a resistance in to a support which is bullish . Now is just needs to hold above the 100MA.
If all goes well we will see Link gain much value against BTC. If Link makes it to previous high, Link will be $65. This brings the market cap to $31,000,000,000 (billion) which will be good enough to enter the top 10 of coin market caps, as it stands.
What are your thoughts?
LINK/BTC Bullish Divergence 1D I see bullish divergence on the 1day. I think in the short term we will see a move to the trendline around 0.0006400 area. Hopefully we can find support a little lower to move higher.
Also there is a big falling wedge that point in the direction of 0.0002400, around $8 region nut lets see what BTC will do in the next following days!!
Wish you all the best!
Thanks for your likes and replies.
Kind regards,
Cryptodjens :)
#CHAINLINK /#BTC 3-3-5 FLAT CORRECTIONAt the moment link is currently testing the top of a 3-3-5 flat correction. If the line holds we will get a bounce that will see chainlink test all time highs against BTC.
LINKBTC - Long Idea💡💡#IDEA 💡💡
LINK / BTC
Buy at the close of the 4h candle above the blue line. Stop trigger by 4h
#LINKBTC_4h_280122
$LINK/BTC 3D (#BinanceSpot) Falling wedge breakout and retestChainLink has pulled back to 50MA support where we expect it to bounce and resume bullish mid/long-term.
chain.link smartcontract.com
Current Price= 0.0005195
Buy Entry = 0.0005207 - 0.0004873
Take Profit= 0.0006337 | 0.0007641 | 0.0009214
Stop Loss= 0.0004173
Risk/Reward= 1:1.5 | 1:3 | 1:4.81
Expected Profit= +25.73% | +51.61% | +82.82%
Possible Loss= -17.20%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 7.5 months
LinkLinkBTC is correcting back to the previous resistance after few days , now we have a support zone about 47 satoshi and the Fib 0.61 retrace is at 47 satoshi aswell , then it gives us a geat support. Im checking this as a bestie Bahram did ask for it
LINKBTC LINK POISED FOR BREAKOUT RUNLink has been showing strength lately. Positive price action so i thought id take a look.
Link showing lovely structure here.
Has turned a resistance in to a support which is also bullish. Now is just needs to hold above the 100MA.
If all goes well we will see Link gain much value to BTC.
What are your thoughts?
