Link possible short Just showing the effectiveness of these wedges I believe link will form a broadening wedge
#LINKBTC should be followed carefully. The trend line I mentioned in the chart has worked as a very good support from the past to the present.. ma10 and ma20 have already formed an upward intersection, in #LINKBTC, if the ma50 resistance is broken, we can see serious upward movement.. We will wait and see.. Disclaimer: What I wrote is not investment advice.....
Signal LINKBTC LONG Open 40691, SL 39672, TP 45927, Risk/Reward: 1/5.14, Leverage: 4x
Feel free to comment on my TA or share your thoughts on the subject! - Retracing back to this 8 month purple support line is likely - If the support is broken we might see a further retracement to the daily level at 37K sats. - if the support is broken a more likely scenario is to retrace even further to the area between the weekly and daily level. Or the 200MA
Hi everyone, Looking at LINK pairing, we can see from previous cycles how LINK makes clear when to enter, bullish div. Looking at this chart, we see the fib levels, macro pennant formation, support and resistance levels all coming together to tell you the story. Depending on what indicator you use and what's happening with other ALTs, LINK is one I'm looking at...
Signal LINKBTC LONG Open 37914, SL 37139, TP 41996, Risk/Reward: 1/5.27, Leverage: 5x
Short potential Has been testing this trend line shown by the Fibonacci spiral for a few times now, looks a bit shaky. Short on trendline break. Target is Fibonacci spiral. Transition between fib levels may influence volatility.
X FORCE GLOBAL ANALYSIS: In this analysis, we explore the extremely bearish technicals demonstrated in Chainlink's (LINK) short term charts. Technical Analysis - The first thing we can spot is a bearish divergence, in which prices create higher highs and indicators create lower highs - The Relative Strength Index (RSI) shows a clear lack in strength with...
Entry:3.42-3.44 SL:3.38 TP:3.55-3.64 This trade is contingent on BTC finding some more buy volume on the next little dip its a nice set up so lets see what happens.
Hi All, *** NOTE: LINK paring with BTC **** As you can see, we have a familiar pattern and what seems to be the completion of the cup and now the handle. In my previous post, I wasn't sure where the target was but with this new information, how likely is LINK going to hit the target. Does this imply BTC is about to make a big move soon? Please give me a like...
you have to wait for confirmation on the hourly timeframe. Fix the next candle under the level. The 4-hour clock should also close below the level. To open a deal. the double bottom can be seen at 4.8, 12 o'clock timeframe. Friends, thanks for your likes and comments! Good luck with trading!
Hi All, Another macro chart in the making. This is an updated version based on a few key learnings I have come across lately. (Refer to my BTC macro bullish chart). LINK is one of the most bullish charts I have seen lately. Below are the daily and weekly charts to give you a perspective. I will hold back on showing how I came to this charts formulation and as I...
LINK can be seen to have possibly formed a head and shoulders pattern on the XBT pair LINK can be seen to be near a fib circle level, which may cause some volatility A combination of the Fibonacci resistance and head and shoulders yields a bearish outcome
Hi All, ** A continuation on the previous post with short commentary ** Its ALT season again. Observation: > We see that at this point, we equal'ed the previous fractal accumulation area which equates to the BTC key resistance line. It is anticipated that we will spend a short period of time here before breaking up to the next upside. > I say this using BTC's...
LINK made a good rally in the previous month 135% And we had expected this rise before it happened. You can see the idea below The price has entered a correction period for about two weeks, and we expect this correction to end with the weekly candle closing and then continue rising
MartyBoots here - Watch LINK very closely LINK is in ACCUMULATION ZONE
LINK/BTC LINK has found the same support at the upward trendline and 200MA support area. The 33300 sats area also coincides with the previous resistance area which is now a new support territory zone. The priority again goes to the upside and our target is the swing high and stop-loss is below 200MA.