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Sporia
Apr 13, 2023 9:29 AM

Chainlink Long Trade Long

Chainlink / United States DollarCoinbase

Description

Chainlink about to break its triangle it has been forming 51 days , first target will be top of the range at 9.3 dollars.

If you want a more in depth look at chainlink checkout the TA below .


Stop loss and take profit on the TA.

Also checkout this alt coin TA .

Comment

Technical target of the triangle is 10 dollars

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we are gonna see a serious move here if the dominance breaks to the upside

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Will it break ? everyone hold there breath

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its all about that dominance for the mega link move

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the entire year waiting for the USDt dominance to break this support this could be the week , will be posting major update if it does , things are looking like we heading to the final wave of this rally only have till last week of june

Comment

The plan is simple , there four weekly candles left for the blue support and yellow resistance to cross so we know the move can happen as late as mid May .

If we break the yellow line and close a weekly above it , time to close all longs the rally is over , if we break the blue support down , time to add more to the longs because the final wave of the rally starts

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Daily closed under , either it ends here or we carry till late june

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4hour bullish divergence on bitcoin

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ye moon cycles, crazy they said :O

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3days and 5hours the weekly closes , will see what happens a weekly close above and its game over , the move down to 18k broke it but never closed above it!

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Price is looking like its forming a bottom here , these patterns normally mean that trying to stop hunt

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ok jumping ship here even if it swings back risk is to big now , next VWAP close is 25k RIP :P

Order cancelled

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take a breakeven for now , guess we will get better entry on link , dont think this rally is over
Comments
ghost_in_the_shell
Thank you! How do you see LINKETH, any shortterm opportunity here converting ETH to LINK?
Sporia
@ghost_in_the_shell, honestly dont look at that pair much but its at the same level it was june 2019 before it took off , me i would most def scale some into LINK
ghost_in_the_shell
@Sporia, Thanks for your thoughts!
kangle1992

We are not doing very well on the daily chart. My plan is to rebound until the end of the month. It will fall for a month in May and start in June. The final rebound may end in 10 days at most, because many cottages are still at the bottom and they have not risen at all. After all, there is some room to rise before falling.
kangle1992
@kangle1992,
look RSI AND OBV
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