On the 24th of July, ChainLink hit the bottom, reaching 2276 satoshis low. At the same time it has rejected the 227.2% Fibonacci support applied to the corrective wave up after the uptrend trendline breakout. Price failed to break and close below the support and price went up sharply. LINK/BTC broke above the downtrend trendline and 50 Moving Average suggesting...
BINANCE:LINKBTC In my last idea we saw that it flollowed the #BTC trend . Took my SL and now is trying to retest the old bottom. Broke all the last supports. Must watch to see of it will bounce back (MACD / BB / RSI + reversal candles). It could be a potential trade with a 10-20% profits. But only watching what it does there.
I've set horizontals to show that each recent wall was exactly opposite a previous support, and our fib retracement shows that it corresponds to well defined levels. This could be a fairly reliable key if you want to try to predict near-term movement, with potential for 20-30%+ gains. On the fundamentals side, $link is a great project with good fundamentals,...
BINANCE:LINKBTC Daily rsi/price divergence on 61 fibonacci, went long on this one' K.I.S.S BlacKouTraZ
As long as ChainLink doesn't drop below the trendline it will rise up to the upper trendline.
ChainLink dropped some % due to BTC correction, but resistance line which was formed by 2 and now 3 points is holding strong. I would be bearish on LINK if we would fall below that line, but since we are above it, I'm still waiting for that big "Triangle Formation" to break eventually. Then ChainLink can gain some serious $ as this project is still great and have...
It does not get much more bullish than this. Next Stop, 7000 Sats! Refer to my previous post on this coin for in depth analysis
#LINK/ #BTC reverse head & sholders bulish pattern here is the Trade summary : BUY : 0.000066 SELL Target1: 0.000073 SELL Target1: 0.000092 Stop loss: 0.00080 ***************send me a msg to join my telegram group*********************
Well, i've been watching this coin for some time. A reverse head and shoulder on the daily chart. Just waiting for an convincing 'break through the neckline'. It is my first idea that i publish. Because I think it has the potential to make some profit. So if you react, please be gentle ;-) Any tips or good suggestions are always welcome! Have a good trading!
$LINK (ChainLink) is an undervalued project I have been monitoring for the past few months. Chainlink is the only project focusing on being a decentralized oracle provider that has a MASSIVE use case, partnerships like Request Network, ZeppelinOS, SWIFT and the LINK token can be staked in pools in the future to provide passive income. Initial Entry - 5175 Sats...
Just look at this beautiful cup. Even the handle has been formed. In theory, we can get ready for a cup & handle trade. If we break through the " coffee " line, we can expect the size of the handle to be added up to that level. That's kinda insane. In the meanwhile, we are seeing that on the 4hourly chart, there is still some downward pressure first : you can...
Entry 6200 STS TP1 : 7000 STS TP2 : 8500 STS SL : 5900 STS Good luck :)
Hey folks! Looking at the 4-hour chart for LINK, I see a the price has run into some resistance (blue dotted line). The MACD had a bearish cross as it approached resistance so we can expect lower prices in the near future. However, this may be temporary. I see a completed inverse left shoulder and head. It is very plausible to think the price would fall to the...
Preliminary resistance at 0.00005324 and then on our way to 1st Target. 2nd and 3rd Targets at prominent 'swing highs' where price reacted strongly previously should be where price may try to move to.
Refer to Chart for reasons to go long and explanations of lines.
LINK showing sideways action at this level, continuation of trend needs to breach local high before testing previous resistance that was the move down that brought us to local low. Potential 8-9% Scalp Move. Plan your Trade, Trade your Plan.