Hello dear readers, Link has been one of the most bullish altcoins this year. We have come down all the way from the 400% increase from May to July. Now Link is on the way up again. From the swing low 0.00014 LINK has already increased 80%, Now we can play this out in two options. #1. We buy into bullish price action right now with a tight stop and hope for...
LINK has been hot of late and has showed little signs of slowing. Since breaking the uptrend in August, it has come back with a vengeance. The price action is in a bit of a rising wedge as it inches itself higher to the uptrend. Normally, a rising wedge is a bearish pattern. However, the OBV looks very bullish to me, which suggests we may have a serious push up in...
After formation of bullish gartley pattern the priceline of Chainlink / Tether US cryptocurrency has formed another harmonic bullish Shark pattern and it is entered in potential reversal zone to hit the sell targets soon insha Allah. This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone. Volume profile is showing...
Priceline of ChainLink / Bitcoin has formed a bullish shark and entered in potential reversal zone. RSI has still more room to enter in oversold zone. MACD is strong bearish. Stochastic RSI is oversold but did not give bull cross. Volume profile is showing less interest of traders here I will suggest to wait for MACD to turn weak bearish or for stochastic RSI...
LINK closed above EMA 21, RSI bullish above 50 points, MACD above zero line, together (RSI and MACD) strong uptrend signal. Volume must confirm trend to go higher. Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
Just an idea that may provide further insight for previous post, linked below.
Massive downtrend after a 5 wave impulse. - Holding support on the 78.6% fibonacci level. - First test of the 200MA (doesn't usually break first try.) - Testing the previous supply orderblock for the first time. - RSI bounce zone historically (holding 30) - Targeting 13-22% back up to the 61.8% fibonacci zone. - REN/LINK typically move together and REN has...
Priceline of Chainlink / Bitcoin cryptocurrency has fomred a bullish CRAB and almost entered in potential reversal zone. I have defined targets using Fibonacci sequence: Buy between: 0.00021167 to 0.00020197 Sell between: 0.00021920 to 0.00023743 Regards, Atif Akbar (moon333)
$LINK High Timeframe Thoughts: -Bouncing between the 0.382 & 0.618 fib levels -I'd like to see us hold the EQ (green) as support -I'll become bullish once we break the 0.382 region to the upside
I am not a LINK marine. Never fall in love with any of these 'coins'. With that said: ARGUMENT: LINK is one of the only 2017 coins still going strong, rabid community behind it, and on a loose leash from BTC movements for the most part. With Web 3 in late August and some other thing in September, there are two good 'stories' to act as cover for price moves up....
LINKUSD will be Breaking out of this long Equilibrium pattern soon! Subscribe to my Youtube Channel Here. www.youtube.com
Idea - LINK has shown strength for months, seems to be ranging + primed for another take off Counterargument - Every idiot on Twitter is posting the same meme chart. Never a good sign Meaningful levels - stop loss at 188874, targeting 33372 and 44659 Time period - 1 month
The ChainLink / Bitcoin cryptocurrency is moving within a down channel and now hits the suppport. The RSI is oversold. The stochastic is giving bull cross. I have defined the targets using Fibonacci sequence as below: Sell between: 0.00021435 to 0.00023722 Regards, Atif Akbar (moon333)
Simple long term prediction for Chainlink
Bears have the momentum after breaking out of this Equilibrium pattern with lower highs and lower lows.
CUP AND HANDLE ON LINKBTC, PERFECT OPPORTUNITY FOR A QUICK SHORT. Target exits not set, this is a much better LONG position to take IMHO. As for you lower EMA + day traders, TAKE YOUR PICK AS THERE ARE DIFFERENT EXIT POINTS ...all depends on how greedy you are! THIS IS MORE LIKELY TO POISE ITSELF AS MID-LONG POSITION CONTINGENT ON VOLUME...
Pulled back to its immediate intraday support level here. Cluster/sandwich/FTR thing (fuck knows, I am shit with the advanced Supply/Demand stuff) that I've shown to the left. Basically a consolidation between two impulsive moves. Clear target(s) if it loses the blue box, also a good take profit signal for existing longs if it rolls over.
Ok now we are going into the next half of the year and link is ALL THE WAY UP! We no thoughts in our mind that this is just some pump and dump. OHH NOOOOO Google won't let that happen and not to mention that link actually solves a real problem. Aside from making smart contracts smarter the oracle network provides a much faster and secure network. Link is without a...