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Chainlink

ChainLink - Watching For A Breakout 👀ChainLink hasn't moved much since our last post. We appear to be in a descending correction we know descending correction = bullish reversal. We just need to be a little more patient for the breakout and once it comes (and it will come), it'll make all the waiting worthwhile! A good indication that we are almost about to reverse is that we are in an abcde descending correction and we're on the final e wave. Trade idea: - Watch for a strong breakout. Use the red descending trendline as confirmation - Once price action appears, enter with stops below the lows - Target the recent highs as first target and HODL the rest as we may see the next big bull run Goodluck!
by Altsignals
13
LINKUSD 13.36 - still testing - Watching for Break - Seeking 7I like lINK as a project. I am learning this as i go, and it is useful, that it seems i need to continuously recount. It does enable me to find more connections along the way. Im not sure of the social response aspect. But Link is like little digital suit wearing personal assistants. I don't see a reason why this sector would be single chain dominant. Id say it's more like little service companies for value trace and transfer.
COINBASE:LINKUSD
by mindfree
BTC , Breaking down !?⚠️Bitcoin 🔖 The downtrend does not seem to be over yet and it seems that the price is still tending to go to the 30k level! 📌 In the previous analysis, we expected the price to improve from 45k to 40k and maintain this level But that did not happen and the 40k level was lost again with very high selling pressure 💎 It is no longer expected to be able to break this level Lower Targets 36.6k Will be 34 and 31k .. ➖➖➖➖➖➖ All supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ... Follow our other analysis & Feel free to ask any questions you have, we are here to help . ⚠️ This Analysis will be updated ... 📊 #BTCUSDT( Bitcoin ) 💹 Time Frame : Daily 🔵 Personal Opinion : SHORT 🎯 Next Targets : 36600 — 35200 — 33k 👤 Saeid.Mahbob 📅 6Mar.22 ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Short
by SaeidMahbob
25
LINK/USDT - bullish reversal pattern close to breakoutLINK/USDT is currently right at the tip of a falling wedge after having quickly pinged the macro 0.786 fib level which makes me very optimistic about this being the bottom and seeing a successful reversal. In addition to that we can also see significant bullish divergence on the daily which ranges back to December and further increases the odds of a textbook breakout which LINK tends to have especially with falling wedges (examples can be seen in my earlier charts linked below in the related ideas section). On shorter time frames LINK is currently forming an inverse H&S which combined with the falling wedge makes for a great reversal pattern which produces consistent results and is close to completion. LINK/USDT 1hr: Since LINK is a long-term hold for me I usually don't use stop losses and mainly look for prices to accumulate more but for a swing trade I'd consider one slightly below the last 0.786 ping since losing that level would render it a descending triangle breakout and likely lead to a longer bear trend. Please note that the price projection is just that and should only guide as a visual aid for the direction I expect it to go. With staking said to release this year this looks like a great opportunity to stock up on some LINK at a discount before the action starts. Best of luck with your trades and let me know what you think!
Long
by Wolfy_
LINK - Long-Term Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow. LINK is approaching support in green , so we will be looking for buy setups. on DAILY: LINK is forming a wedge pattern in blue but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated, LINK would be overall bearish can still trade lower inside the horizontal support in green. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
7