All of the talk in crypto town is around chainlink. You know what they say... when everyone is talking about it, probably not a good time to buy. This one has an insane rally and now is dead on Resistance at $10. If your buying this now, I pray for you. I personally think it's a good time to take profit and hop out. The risk to reward buying here is not worth...
We believe from the analysis drawn above LINK will attempt to break a Crucial Resistance @ $11.65 - $11.9. Fail to reach closely or break the stated resistance and we will see a trend reversal where we expect bulls will be exhausted. Depending on the market sentiment in the coming future we will see the Bull purchasing power and holding power and lead to the...
Oscillators indicate buying signals for LINK on the LINK/BTC chart at the 1D TF. LINK has completed an ABC correction which has found support on the 50 SMA and now there is enough bullish momentum for a 13-23% pump (entry between 0.000691-0.0006674) before a further correction to the downside (which is indicated on higher TFs). Swing Trade LINK-BTC...
Hi all, My thoughts on LINK both USDT and BTC pairing. My thoughts are: =================================================== > LINK.USDT < based on the below chart, on the right plain Based on my chart, we have a typical channel bull flag, as per chart and its found the fib. level 0.5 a area of demand and the 0.382 as support On the daily, and longer time...
Hi, :::::::::::::::: LINK/BTC :::::::::: This is an updated reviewed TA from the of the previous LINK.BTC post, link below :::::::::::::::: This chart gives a graphical account or explanation on the structure so far where we noted the howg fib. levels come into play and make sense. Therefore I will add some short commentary to what I have taken from...
LINK is making higher highs and higher lows after being rejected from a weekly support level, making a rising wedge pattern. Usually, Rising wedge pattern indicates a bear movement. But here in this chart as you can see, the candles in between the two trend lines are respecting the support and resistance of trend lines. Link is right now at a very crucial stage,...
Noticed an interesting pattern forming on the 1 hour. Wasn't really sure how to chart it. Here is what I came up with quick and dirty. If this pattern doesn't have a name then I propose we call the the Matryoshka doll pattern. It appears to be forming a nested series of H&S formations. The second set of shoulders is pretty weak.
Hi, With this current BTC drop, it has given another opportunity to jump in to accumulate more BTC or LINK at a cheaper price. I jumped in at the 0.382 level for another trade. Usually I look for the 2nd touch to confirm the support level, but with some bullish charts like this, you might have to accept 1 touch, as per chart below It has confluence at a previous...
long only when break this line
Keep on an eye on LINKBTC. LINK had a bullish pennant breakout and is now testing overhead resistance. If rejected, I could see the price re-test the support trend before making its next leg up. However, there is the potential it breaks up now makes a new all-time high. If we break to the upside, I think there's potential for at least 25% gain before testing the...
I believe if it keeps following the same patterns it’ll look this way
MartyBoots here . I have been trading the markets for 13 years , I an here to share my ideas with you . Do not sleep on LINK as its coming into a critical time in the markets
Hey guys! The time has come, Finally LINKBTC (Chainlink) has broken out of its huge consolidation. 2020 is gonna be good man!
No need to explain...chart is better than words