Smaller timeframes showing buy volumes coming in, and double bottom formation (15min TF)
Market order current price or within 20 - 20.85 price range
TP in 5 levels shown by the red lines
SL below the previous range formation @ 17.2
.... to look at the other charts Chainlink looks a lite bit confusing.
Against ETH and BTC is very undervalued. This is the only chart that makes sense. Falling wedge on a Dominance.
I think, that we are in a final squeeze for chainlink. Everybody speaks about how undervalued it is.
We see a clear signal on RSI higher lows with a lower low on a chart.
Let me...
Ranging as expected from my previous idea. Link below. Had a killer run that ended with the bearish T-K cross. Long term trend has ended and chart confirms this. Going forward, upside will be limited in comparison to its previous performance. Downside risks are significant. Hence be patient. Enjoy the gains you have had so far and find something else to trade.
TA:
As we can see, there is a daily resistance supply zone from 64keks to 70keks, with the 20day ma also acting as resistance which gives confluence. As such chadlink has to consolidate for awhile, before it can swiftly reclaim the 20day ma to break resistance of the supply zone at 64keks to flip it into a support zone. Doing so will reclaim the parabolic trend...
"THIS IS A CLEAR SHORT"
Just imagine believing in this situation, a forever parabolic run based on hype, because this is LINK only HYPE.
when the parabolic break embrace a -80% drawdown and be prepared for new low even.
indicators available:
CROSS
KNIFE CUT
KEANU REEVES
EXSE
SUPER BOSS
KR SCALPER
Writing this in the clearest and most concise manner as LINK/USD is surging as I write. Remember to do your own research too.
Trade of BUY has been entered with targets 1 @ 4.52 USD and target 2 @ 4.86 USD.
- MACD is heavy in the blue with strong bullish momentum in the H4 time frame
- Buy volume spikes are steadily growing
- LINK has just broken out of a strong...
Duh, was going to buy it yesterday (as I described in my idea) but I was aiming for $2.9-$2.8 and price missed my bids = [
What we see on the chart, price still moving in channel $3.4 - $3 (12%), good range for scalps.
But I'm just observing now, honestly I'd be better short $3.8 (or $3.6 at least) now than 3.4. I think if link will close daily above $3.5 if...
LINKUSD growth is impressive;
it's up ~33% in February and +24% in March although the month has just started.
Have no intention to short such a move, because in comparison with other alts it looks extremely strong.
Will try to catch a long in upper purple zone, for now just watching and the more I watch, the more I turn into #linkmarine
Information is just...
![LINKUSD: LINKUSD: Approaching resistance [again]](https://s3.tradingview.com/x/xwlMYobf_mid.png "LINKUSD: Approaching resistance [again]")
