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LINKBTC trade ideas

Wyckoff AccumulationMonitoring the formation of the Wyckoff accumulation pattern on LINKBTC price action. Preliminary Support (PS) : where substantial buying begins to provide pronounced support after a prolonged down-move. Volume increases and price spread widens, signaling that the down-move may be approaching its end. Selling Climax (SC) : the point at which widening spread and selling pressure usually climaxes and heavy or panicky selling by the public is being absorbed by larger professional interests at or near a bottom. Often price will close well off the low in a SC, reflecting the buying by these large interests. Automatic Rally (AR) : which occurs because intense selling pressure has greatly diminished. A wave of buying easily pushes prices up; this is further fueled by short covering. The high of this rally will help define the upper boundary of an accumulation trading range. Secondary Test (ST) : in which price revisits the area of the SC to test the supply/demand balance at these levels. If a bottom is to be confirmed, volume and price spread should be significantly diminished as the market approaches support in the area of the SC. It is common to have multiple STs after a SC. Springs : usually occur late within a Trading Range and allow the dominant players to make a definitive test of available supply before a markup campaign unfolds. A “spring” takes price below the low of the trading range and then reverses to close within the trading range; this action allows large interests to mislead the public about the future trend direction and to acquire additional shares at bargain prices. More information about Wyckoff Accumulation .
Education
by Reza_mdv
LINKBTCThe crypto pair is approaching a major Weekly support between 0.00041 - 0.00034. This demand zone acts as a major threshold between bullish and bearish price action. If bulls could manage to protect this zone, then we are likely to see this pair once again challenge the falling resistance around 0.00062. If we manage to climb above this then LINKBTC is likely to open new upsides towards 0.00089 initially followed by 0.0010. However if a breach of 0.00041 - 0.00034 is seen then we are likely to head towards 0.000265 as next major support zone.
Long
by JustTradeSignals
1
LINK to 300-500 usd?Chainlink has some serious potential in this next leg up for BTC. The LINKBTC pair has been in a bear market since it topped out in 2020. It has formed a massive macro triangle that seems to be destined to break upwards. The top of this breakout could be .0024btc if the coin starts to develop some serious momentum. Which I think is very possible considering it hasn't had any jaw dropping moves during this bullrun. It is with no doubt a severely undervalued coin. BTC could easily hit 150k-200k in this next leg up and if linkbtc goes with it then we would be looking at a 300-500 dollar link.
Long
by thebest97
2
LINKBTC in STRONG support zoneLINKBTC in clear support area. Link whales have been accumulating on dips, with huge accumulation prior to the partnership announcement with Cardano at the end of September. The structure of this is quite clear, note also the RSI - In this scenario ideally, a bounce on support line (for the 8th time this year) and a break of trend for some real rocket fuel, there is however small potential of a drop below into the 'underground' demand zone as we wait for BTC.D dominance to fall. Its a cheap, solid project, and is gonna be on the upward move soon. Patient hands and bargain hunters will be rewarded.
Long
by Silkman
3
LINKBTC/ LONGAdvantages and disadvantages, making people know how to move forward and backward at the right time. Remember: character determines life, choice determines destiny. When faced with a great opportunity but give up, once again you reject the very word created by nature, it is ungrateful. Sometimes in life this opportunity passes another opportunity may come, but many times when the opportunity comes, we do not know how to grasp it, we create a character that does not know how to seize the opportunity at the right time.
Long
by tuananh9x