LINKBTCLINKBTC looking very good. Broken out on decent volume with not much resistance above it for now. Eyeing the red zone but 0.0008 region could cause trouble.
Either way looking extremely bullish both on this chart and the USDT chart.
LINKBTC trade ideas
LINK - SHORT TERMvolume social, social engagment e social dominance in forte crescita nell'ultima settimana + rottura bullish della falling wedge (con retest della rottura) nella coppia con BTC
$LINK/$BTC 500 day downtrend broken. $LINK/$BTC 500 day downtrend broken.
$BTC 7d%: -11.96%
$LINK 7d%: +27%
Market down, $LINK up
LINK/BTC is Coiling UP! to 0.0009LINK performs well during BTC bear cycle, at least we have proven that during the previous one,
so if BTC retraces at 72,000 115,000 after the bull cycle, the maximum value of LINKin USD will be 69.00 to 100USDT.
best buy opportunity for the LINK 🚀Hello traders 🐺 .
this is a full and complete idea about LINK so make sure to stick with me until the very end and make sure to follow me on trading view to have access to all of me new ideas and updates about BTC and Altcoins .🐺🙏
this idea is a little bit different from my previous ideas because in this specific idea I wanna first look at the LINK/BTC chart to show you link situation against BTC and show the strength of the LINK against BTC :
in the chart above we have a very interesting things about LINK and in my opinion this could be an amazing buy opportunity for the LINK but why ?
first thing is that if you look at the chart you can see for about 500 days LINK/BTC was at the downward and accumulation phase and also in the RSI we have the same thing and the important fact is that the one of the biggest resistance line which push LINK to the down , now is breaking and in the RSI we have the same thing happen 🚀 ; but why this is important for us ?
the reason why is that , when one coin show strength against BTC and also if that coin have the bullish sign against the USD this convergent of the bullishness could lead into the massive price pump , the bigger time frame you have this fact , the bigger result you might see .
if price could reach to the all time high price against BTC it's mean that we could see a 170% price rise just against BTC so there is possibility to see much higher result against USD .
So now it's time to talk about the LINK/USDT :
here we have the Weekly chart :
in the weekly chart you can see LINK price currently is in the very obvious ascending channel and now it's seems that LINK find bottom from the support line of the channel and it's very look like a W pattern , do you think to what I currently thinking ?
LINK/BTC break the 500days resistance line , LINK/USDT created W pattern of the weekly chart and hold above the weekly support trend line and also in the RSI . RSI value is about to break the resistance line
do you need more bullish sign ? ok let's look at the daily chart :
in the daily chart you can see LINK created a W pattern and break the neck line which was in alignment with the daily resistance structure , with good amount of the volume so this is a legitimate break out , if you ask for the target of this minor W pattern , I think the most probable target for this W pattern is very close to the weekly resistance structure .
🐺 I hope you enjoyed this analysis.
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LINK BTC PairPublishing because I want to keep an eye on how the price reacts to the upper threshold of this triangle.
LINK, Good Against Bitcoin !LINK has just broken the wedge pattern. Try to catch it with low risk. Looks strong in BTC pair and I expect it to grow in the coming weeks.
long link long link when rsi touches the support , or/and when the price retraces to the cluster of supports (200ma + trendline)
🔥 LINK/BTC Bullish Break Out Still Intact: Massive Move SoonAfter a very long and gruesome 1.5 years of losing value against BTC, LINK has finally broken out of the bearish trend.
Even after yesterday's sell-off, LINK appears exceptionally strong and the break out is still intact. Assuming that BTC will either consolidate or go bullish in the near future, I'm anticipating further appreciation of LINK/BTC. Be aware that we might re-test the dotted resistance line and turn it into support.
Targets placed at a recent top and the all-time high.
Happy trading!
Chainlink Breakout against BTCChainlink bullish indicator emerging.
Watch out Chainlink against BTC, ETH and USD.
This may be a sign for a breakout.
No financial advice.
Great spot to enter if we get this on LINKGreat spot to enter if we get this retest on LINK
It just looks glorious in general
LINKBTC descending triangleDear Friends LINKBTC chart is forming a descending trinalge which is a bearish pattern. Use only maximum 2% of your total portfolio value for this trade.
sell when daily candle closes below 0.0003500
stop loss at 0.0006000
profit target 0.0000700
risk & reward ratio 1:1
descending triangle has 72.93% Success rate
Tough not to get excited about LINK hereRecovered a key support level as well as smashing through a key resistance level on the weekly.
Looks very strong.
LINK/BTC. ChainLink Strong Bullish Signal 60% and 3x Targets.This is a trade I've been anticipating for a long time. ChainLink is finally showing signs of reversal of the bearish trend that lasted for a year and a half since August 2020. ChainLink has been consistently outperforming Bitcoin. I expect ChainLink to climb 60% by February 2021 and to triple versus Bitcoin by July 2021. If you consider that Bitcoin itself will double in price by July 2021, then ChainLink would 6x vs USD by that time.
Be mentally prepared to lose about 25 to 30% of your capital on this trade. Set a generous stop loss and do not risk an amount that you cannot afford to lose 30% of. But whatever you do, do not ignore setting the stop loss. Watch the video for more details and good luck.
ChainLink Trade Update Weekly and 12-HourI talk about two trades in this video, one on the weekly timescale and another on the 12-hour timescale.
Summary:
Weekly trade is still in play.
12-hour trade exited as stop-loss hit. Waiting for a point of re-entry.
LINKLINKBTC cleary broke the resistance and we might see a back test , but pretty sure it will go higher than this
LINK BTC 2022Looking at a possible repeat from previous price action.
Going off Fib lines it was seen that link retested the high before retracing to the 0.618 golden pocket before reaching for the 1.272 / 1.414
Thereafter retracing to the prior 0.886 and then reaching for the 1.618 followed by a retrace to the 1.272 just mentioned.
ultimate target just shy of the 2.0 fib extension. Looking to exit between 1.618 and 1.786 for this market
LinkBTC ready to go!- bottom of the channel
- strong support area
- MACD divergence on D and W timeframes
Breakout or Breakdown?LINK is currently within a Falling Wedge (bullish) inside a massive Descending Triangle (bearish)--and both are converging on the same general point. Sellers are exhausted and supportive momentum appears to be building, but the Descending Triangle presents a lot of overhead resistance. My view is that the resistance will continue to suppress the price for 1-2 weeks before we see enough support to breakout. I'm considering averaging into a position here.
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These are my personal views and not financial advice. Please do your own research before investing.
I'd love to hear your thoughts, ideas and feedback. Feel free to comment and I'll try and get back to you quickly.
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ChainLINK Presents us with a New Entry PointThe trade is in the chart. A long position with potential loss of 4% and potential gain of 12%. RSI gives us a local divergence and we have three bullish reversal candles which make an ascending triangle on lower time scales. This trade should be done in the hourly chart actually. Anyway, manage your risk. Set your stop loss so that you lose at most 4% of your allocated capital on this trade. Once we go up about $1.2 (we gain as much as we are risking), then raise your stop loss to the entry point so that at the worst case, you break even and you keep your capital without loss. Good luck.
You can view this chart here .
Also look at my LINK/USDT hourly chart , but on this chart, the trade doesn't look very lucrative :(
LINKBTC will see new ATH in 2022Or I eat my own DICK.
Chainlink is fundamentally the MOST important project in this space. Why? Because ANY application of blockchain beyond basic tokenization and (((NFT's))) need Oracles to provide definitive truth. The oracle space naturally leads to a Monopoly and Chainlink both has the first mover advantage, institutional backing and network effects already nearly unchallengeable. I could go on and on but you get the point.
Chainlink is fundamentally undervalued.
Chainlink is necessary for the future of humanity. It is a TRUTH machine, untamperable, unshutdownable, unstoppable.
LINKBTC/BULLISH IDEAwaiting for breakout the trend line and ma20.
Price stabilization above 0.00053.
LINK Making Gains On BTC!!?Chainlink on a weekly timeframe has broken out against BTC and we are looking bullish! Ontop of that good news we got some more amazing news from Sergey Nazarov, Chainlink staking is going to be released this year! Absolutely huge news and a big win for the LINK community, the people have been waiting years for this to happen, once the news comes out where staking is live i expect link to see some massive volume and likely a lot of FOMO! Our first test for Chainlink on the weekly is aprx 0.0005 BTC. Looking at the RSI we have broken nicely above the yellow SMA and we are heading to the upside where we will be approaching the very important midline, we gotta break up and above here and hold it for us to regain an uptrend, being below this level keeps us in a confirmed downtrend. The MACD looks good we seem to be coming out of a double bearish cycle with our histogram now right on the midline, the goal here for weekly close tonight is to print a strong green bar on the histogram and then afterwards continuing to print green bars that are increasing everytime, its also looking like we are going to see a bullish cross which is always a good thing and due to our previous 2 bearish cycles this next bullish one could be huge! Now the Wavetrend is sending off some bullish signals aswell, we have bottomed out and we are making a very healthy rounded curve for our reversal, keep in mind just on the daily chart this is a slow moving indicator that usually doesnt make sharp moves, on the weekly its even more powerful and slow moving, we could be in for a big bullish wave coming up soon, especially because we have seen quite the downside over the past months! Not financial advice just my opinion!
