It looks like LINK/BTC will need a few more days before the cryptomarket will decide its next movement. Like QSP, there is a strong support level at the Fib50. The support of the triangle is at that level and has been tested 3 times over 4 days. Given that the triangle is reaching out longer, it might happen that future support will be slightly higher. Keep you...
LINK cup n handle on 1h charts. Resistance points until top are: R1: 0.00009024 R2: 0.00009725 R3: 0.00010132 R4: 0.00011015 Expect handle forming to start at R3 or R4 to retrace to between 0.00008000 - 0.00007800 Break out from handle should top at between 0.00016720 - 0.00017382 time to R4 est: 7-8days time to breakout top: 50-60days
After last night's outbreak we have seen another consolidation area that ends up in a triangle, indicating that there is another outbreak possible. This is consistent with Elliots 5 Waves as we would be approaching the end of point 4. Target is between 9000 and 9500 with good buying opportunity atm. *Binance is a growing exchange that is user friendly and does...
LINK/BTC has proven to be a good buy and will still be a good buy if you're asking me. The hourly chart shows a perfect outbreak without any correction, which means the price is probably heading to it's next resistance level; around 8600! As this is just the first wave, buy low at the correction and make sure you bought in for potentially 2 to 4 more...
LINK/BTC has been in a consolidation period for a while and is ending consolidation hopefully by the end of the day. If the price is able to move out of the first triangle around point A, than we will see an upward move to or maybe even above 7000 given the CCI, RCI and Trend lines. If the price does not break through the above resistance area, we will likely see...
Despite the recent blow top, there has been tremendous support and consolidation around a dollar. The RSI has not dipped past support and we are indeed in a bull run. !. Beat the bots: sooner or later whales will come through and buy the books or conversely sell them all. Volume is low and games may be played with LINK/BTC until the asset is listed liberally....
LINK has been moving in bullish channel, I am expecting 50% and 150% profit target reach within few weeks.
Link has a bright future and I am excited to be able to chart it for the coming future. I established my long position @ 0.27338797 USD or 0.00001930 BTC TP: $10 or .00072 BTC Duration of trade 1-2 years This chart is showing my prediction of price movement within the newly established channel since the upward breakout of the wedge.