LINKUSD has been on a tear since we began covering it here at Sparkster a month ago. It did indeed drop down almost to target of $3 before rebounding up to test previous ATH of $4.80. But now what? With 3 Hammers we see LINK dropping as low as the $3.70 level for a 13% drop, before pushing through that ATH. When it moves back up, it may move fast, so traders...
Respecting the 50% retraction and continuing the uptrend. Possible short-term 'short' and long-term 'long'.
https ://imgur.com/ gallery/ NWoHfMm https: //imgur.com/gallery /95QLy0s (Spaces in betwen both links; delete them in the web browser for access, otherwise TView won't let me post them) FIRST AND FOREMOST....I feel it necessary to explain myself as to why the hell its been almost 2 weeks since I published anything; let me put my (small, but vocal & loyal...
$LINK $USDT Significant bearish divergence on the daily chart; POC (yellow) now acting as resistance as well. If this goes south I'd look for the 2.11$ level to act as support.
Ok that was not the best way to describe what I want to bring forward on this study but it is amazing how similar ChainLink's current bull phase on the 1D timeframe looks to Bitcoin's price action since mid 2017 on the 1W timeframe. Not only is the candle action (see the shapes) and pressure points (see the arrows) similar but also the MA50 and MA200 periods on...
Chainlink big moves coming? Continued Upside Potential? LINK/USD What do you think??
Priceline of Chainlink / Tether US cryptocurrency has formed a bullish Shark and it is entered in potential reversal zone to hit the sell targets soon insha Allah. This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone. Volume profile is showing less interest of traders here, but Stochastic is oversold and did not...
Priceline of Chainlink / Ethereum cryptocurrency has formed a bullish cypher and entered in potential reversal zone. But MACD and Stochastic are still strong bearish therefore I will would suggest to wait for weak bearish signals from MACD or bull cross from stochastic for secure trade otherwise the leg can move more down to form a shark pattern. I have defined...
Pretty simple here, 450 ma squeezing price against 233ma on 4hr. CCI looks great and the confluence of wave-pm consolidation and VFI being on the brink of breaking upward suggest there's gonna be ample enough price action to pull a lot of money in.
This signal is based on inter time-frame pattern recognition and in particular ChainLink's July/ August 2019 4H price action versus the 2018 1D candle action. Before there are any misunderstanding and willing critics of the different time frame comparison, I am stating that I am interested in pointing out the obvious similarities. Trading psychology is the same...
The priceline of Chainlink cryptocurrency has formed a bearish shark. The RSI is close to 30 (oversold zone) Now the price action has entered in potential reversal zone and from here it can take bullish divergence at any time insha Allah. The targets are: Buy between: 0.00022215 to 0.00020835 Sell between: 0.00024901 to 0.00029439 Regards, Atif Akbar (moon333)
Pattern: Channel Up on 1W. Signal: Bullish as the price made a strong hold on the former Channel Up (bold lines). Target: 3.40000 (meet with the ATH trend line (dashed)).