If you want to buy link then please buy in parts...first buying zone is 24.500 and ......second buy zone is 20 to 21 this zone is very good support for long turm... if you buy or long in that area then sell at near resistance... but pleasedo your own research...
Good Morning crypto fam :)
Today we take a look at LINK/BTC. As you can see in the chart, we are running slowly to the deciscion at the end of the year. In the next weeks we will now the route for 2022.
As of this moment we could see altcoins outperform Bitcoin and rise against the king.
I buy some Link just for the cause, i miss the pump.
A good long term...
This currency will be pumped. Depending on the pattern, it can touch the two specified targets in the next few days. A long-term target will eventually touch in another month. Do not forget capital management. Be profitable.
Looks like another great value entry may be coming if we see a break of the trend line and drop out of the wedge.
Alternatively if wider market bounces (BTC/ETH) we could see a move upwards.
I took some profits on LINK on the way up and will trade now when value zones present themselves.
** NOT TRADING ADVICE **
Link is currently consolidating in one of my favourite bullish patterns, the mighty cup and handle.
I expect Link to complete pattern as predicted and then head to re-test it's previous ATH at $53.
NFA & DYOR - Please like and follow if you found this idea helpful - Thanks! 🤑
Birthed with open MA's (layered 50,100,200)
This is the most bullish state these simple MA's can be in
I see LINK staying like this, creating a steep price path
I used another chart on the right for a comparison
This is a very very bullish price nature
Chainlink has been performing absolutely incredible over the past month being up 30% and 40% on the week! Even while BTC is down, this truly shows the strength of chainlink and how powerful it can be! We are looking very very bullish as we quickly regained our Long term trend line spanning back from march 2020, we have gone on a beauty run up and now are...
Looks like either:
A) LINK PUMP
B) Cooling off and minor retracement.
Personally I think it's looking more bullish and will pump along with BTC. But also prepared for a minor retracement and re-test scenario as per chart.
The link breaks a downtrend line and is ready to climb to the above targets.
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities.
I hope you find this analysis useful🌹
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