🔍 Technical analysis: Descending channel failure - It has been moving in a downward channel in the 8H time frame and daily. - Currently, with the failure of the channel roof, it is around the supply area and neck line. - Therefore, in case of a negative reaction, it can be broken into the channel with pullback and touch the specified targets by maintaining...
After breaking the previous weeks lows, the chances of us tapping the support again before a move up has increased. Yellow arrows mark my areas of interest for a short & a long trade. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate...
Market Context: LINK has retraced down to the next area of support, providing a potential entry point for a long spot trade. Trade Parameters: Entry: Ladder into a long spot trade in the $13.00 - $13.50 area of support. Take Profit: First target: $14.50 - $15.30 Second target: $16.25 - $17.00 Stop Loss: Set just below $12.30 📊 Monitor the price action closely...
NASDAQ:LINK looks like it's on the verge of a breakdown of it's H&S top. Should price break below $12.78, the target for the move would be $2.72. We just got our first red candle on the 2D heikin ashi which increases the likelihood that it rejects here and falls lower below $12.78. Let's see how it plays out over the coming months.
LINK has formed a bearish pool at the bottom of the chart after CH. Also, the LINK structure is quite bearish for now We expect deeper drops from LINK. If POI is reached, we can look for buy/long Closing a daily candle below the invalidation level will violate the analysis Note that the financial market is risky, so: Do not enter any position without...
LINKUSDT might be forming a seven-month-long Head & Shoulders (H&S) top, with the horizontal neckline providing support at the $13 level. A breakdown below $13, especially with a long black weekly candle, would confirm the H&S pattern. Experienced traders can consider shorting LINKUSDT once it drops below $13, targeting the next two support areas. Alternatively,...
LINK doesn't need any introduction; it has a great project, a great community, and has also given great growth. It seems the corrective wave has ended at 0.382 Fibonacci retracement and now the price is about to break the consolidation triangle-shaped area. Let's see how things unfold.
LINKUSDT Technical analysis update LINK price has been forming a head and shoulders pattern over the past 30 days. Now, the price is moving towards the neckline with high volume for a breakout. If the breakout is confirmed, we can expect a strong move in LINK. Buy Level: Above $14.70 Stop Loss: 13.30
After a long accumulation phase, we are again backtesting the last major support where we saw previous buyers step in. There's a higher probability we increase in price from here and target the 0.618 & weekly level above. A sweep of the lows before a move up is also possible. Calculate Your Risk/Reward so you don't lose more than 1% of your account per...
#LINK/USDT #Analysis Description --------------------------------------------------------------- + Link Price has consolidated nicely in the past and now it formed a triangle pattern + Breakout from this triangle pattern will pump the price upwards and we have a good potential for trade --------------------------------------------------------------- VectorAlgo...
🔍 Technical analysis: Descending channel - According to the previous post , after not fixing in the green box, the second scenario was realized. - In the daily time frame, it faced a correction after a movement cycle, which is currently moving in a descending channel. - Now after the demand at the bottom of the channel and the green box area, it has broken...
Hello, I invite everyone to review LINK in pairs to USDT, taking into account the interval of one day. As we can see, the price has moved upwards from the downward trend line. After unfolding the trend based fib extension grid, we can determine a strong resistance at the level of $14.87, only an upward move can give room for an upward movement towards...
LINK Trade Setup. After a confirmed breakout from the green zone, we could take entry at $14.928. Remember stop loss is your friend. Everything is on the chart. Entry $16.109 S.L $13.742 T.P 1 $16.109 T.P 2 $17.246 T.P 3 $18.605 @everyone
10 million link pieces were purchased in the past two weeks alone, worth $120 million Great buying power in a short period of time makes the currency's TARGETS great in the long term on weekly chart there is a consolidaion of falling wedge pattern after a longtime accumulation (526 days) key level is 32$ zone.. price can visit 9$ again but i still see it's good...
Tweeters have become "active" around #Chainlink They write that over the past 2 weeks, "whales" have bought 10 million CRYPTOCAP:LINK This amount is 1.5% of the total number of coins in circulation now or 1% of the maximum suply. Whether this is a lot or a little, whether it will act as a driving force or not, whether you believe in the project's potential or...
BIST:LINK Is a Wyckoff Re-accumulation w/Spring about to jump the creek...?
Market Context: LINK has been consolidating in an area of support, presenting an opportunity to enter into a long spot position. Trade Setup: Entry: Ladder into a long spot position in the $12.70 - $13.25 area of support. Take Profit: First target: $14.60 - $15.30 Second target: $16.20 - $16.90 Stop Loss: Place the stop loss just below $11.80. 📊 Monitor the...
What can happen to the market if the BIST:LINK is so modified?!!! I don't have an idea for that myself, but I imagine BIST:LINK could see the $4 price again. I find it suitable for buying with the intention of keeping for six months to a year. I hope to have the necessary liquidity for the day when the BIST:LINK is supposed to reach 4 $.