link to 14.5$ ... then correction 40% downof course link one of the most potential coins in market and have huge gains on long term maybe to 60$ n even 100$
but on the chart it seems to be that the white trend resistance is hard to be broken some how and link respected many times before
according to the whole bullish market we saw the last months and the fact of correcting every year on the first quarter
we can predict to see a safe healthy correction between 9.60$ to 8.25$ between February n April 2021
especially that in same time corona will reach its climate on most of world and will have its impact on whole market of course
on short term we can reach 14$ - 15$ and then the correction starts. ( from jan to mid feb. 2021)
stay safe n good luck...
Linkchain
LINKUSDT (Channel Breakour)#LINKUSDT Technical Analysis Update
Channel Breakout
LINK/USDT currently trading at $12.45
LONG ENTRY level: $12.25- $12.50
STOP LOSS: below $11.40
Resistance level 1( Target 1): 13.50
Resistance level 2 (Target 2 ): $14.80
Max Leverage: 4X
ALWAYS KEEP STOP LOSS...
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LINKDOWNUSDTWe can just watch BTC price @ this moment.
Near ATH, some exchanges new ath, lot of emotions, lot of money for Bitcoin.
My theory is to just buy more Linkdown bcs I wait next BEAR MARKET. Imagine that the LINKUP and LINKDOWN just switch places? Is that possible? Yes, when BTC does he's thing.
So just long hodl and small bags for it...
LINKUSDT (Channel Breakout in 1 Day Chart)LINK/USDT currently trading at $15.30
LONG Entry-level: $14.75 to 15.50
STOP LOSS: $13.75
Resistance level 1( Target): $17.75
Resistance level 2 (Targe ): $20.00
Resistance level 3 (Target ): $25.00
We can expect a big move after $20 resistance Breakout
Max Leverage: 5X
Risk reward ratio 1:3
ALWAYS KEEP STOP LOSS...
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Amazing call on link ...whats next targets ?Yesterday we shared with you this idea about link that it was looking bearish in both usdt and btc pairs see here :
Price broke the trendline support and fall from rising wedge as expected
As long as price cant get close by daily candel above 10.74$ -10.8$ (0.5 fibonacci level)
(Also this level is the trendline support breakdown level)
We can see next target easy
Potential next targets to be reached :
Target 1 : around 8.5$ ( 0.618 fibonacci level )
Target 2 : around 7.3$ ( was recent low for link )
Target 3 : around 5.5$-5.3$ ( 0.786 fibonacci level )
For investor this areas is a good ones to accumulate partially before next bull run in link
Link was and still one of my favorite coins
Long term is bullish
Please like and subscribe for more idea if you see it helpfull
Link looking bearish on both usdt and btc pairLink start to look bearish now
As you can see in btc pair it forming symmetrical traingle and start to break it
In usdt pair it test the trendline support for 4th time which make it weaker
And we can look for sell position if it broken or at retest it
Agree or not show your opinion in comment and support by like and follow
LINK.USDT (Y20.P4.E8).Macro.Going longHi All,
note: This is a continuation post so I'm keeping this short as previous posts explains my approach for LINK. Reference links are below.
OBSERVATION:
> We have 3 more days for the weekly candle to close and so far, its broken the previous resistance level on the weekly;
> BTC dominance has hit resistance and will likely go sideways for the next few days giving the ALTs the chance to go up;
> Previous BTC posts explains why we have hit resistance for BTC, its the 0.618 macro fib level, which will be a strong resistance based on this level;
> One can observe 2 of the indicators has cross over on the weekly, showing initial\potential reversal;
> Looking on the daily, we can see a bottom formation taking place, represented by the orange triangle, chart below;
> FYI, the green band was my previous point of entrance as it was the weekly support area which had confluence with the 0.382 fib level + a few more points, but you can look that up my previous posts.
>21 Weekly EMA, similarly as BTC, acting as support, this suggest we should keep an eye on this.
> Note how price has broken the 0.236 fib level on the macro.
All this plus a few more points makes me think, we should be near the reversal stage soon.
FYI. If you on FTX, its a good opportunity, risky but can be highly rewarding to go with LINKBULL.
Sometimes its better to see a better upward trend before you jump in.
All the best,
Regards,
S.SAri
Weekly chart: Green is the 21 Weekly EMA, similarly as BTC, acting as support, this suggest we should keep an eye on this.
Daily, BAT harmonic target
Another bullish target using the height of the triangle
Close up, 8 hrly chart, some upward pressure still there. Note the key levels, needs to hold for the next day or 2 for it to go bullish.
Link/usdt 2nd wave?Link/usdt
After forming double bottom and showed some consolidation last days its looking good now
Buy area : after the break of trendline
But Best buy area : after also break horizontal resistance
Around 11-11.35$
And the first target is around 12.5$-13$ and more
You can jump the wave or buy the retest if you are looking for more safe entery
Stability above these areas can do big pump
Risk : link has high volatility
Stop loss should be daily close below the horizontal resistance