Linkshort
LINK USD D AnalysisWe believe from the analysis drawn above LINK will attempt to break a Crucial Resistance @ $11.65 - $11.9. Fail to reach closely or break the stated resistance and we will see a trend reversal where we expect bulls will be exhausted. Depending on the market sentiment in the coming future we will see the Bull purchasing power and holding power and lead to the scenarios drawn on the graph above (Dark Blue, Purple, Pink).
Link is moving with strong bullish sentiment although the majority of the momentum is fuel by speculations and FOMO in my perspective. Despite the potential for growth in the years to come if the use case is still valid and adopted, As there will be many supports below here is the list of Major Supports: Orange Trend Line (Act as a Support derive from Fib Middle Band) S1: $4.97 range, S2: $3.02 range, S3: $1.425 Range
Chainlink Touches Major Structural High.. (Resistance)Cryptocurrency chainlink has had Magnificent performance running ahead while leaving most cryptocurrencies behind with stable movement.
On the 3 day chart we can see that we are hitting a high resistance level based off the previous to major structures.
Based off the bottom green support level we have a lot of room for a major selloff retracement.
The ema dots indicator is currently green and the 3 day candle is currently green with the rsi in overbought territory. These are still positive indicator wise , but like stated we are sitting on major Resistance for chainlink.
Drop down to a daily chart and look for a lower low breach for a short position. Buyers beware.
ChainLink - LINK - It's time!!!Are you ready? Let it play out...No one goes into the market thinking they should buy at the high and sell at the low. The problem is that at the moment when faced with the ups and downs of the market, it’s hard to resist the urge to do those things.
Trading is all about spotting emotional excesses either to the downside or the upside.
You want to be on the right side of those emotional reactions and not the wrong.
#LINKUSDT : I'm SHORT/BEARISH position up until (GREEN BOX) Fibonacci retracement levels 50% . I expect that $LINKUSD will rip down.
This would mean that CHAINLINK will lose more 50% of its current value against USDT Tether before it can recover.
Well, I keep you updated as this timely issue evolves.
If you want to win in this market, you need to be COLD and CALCULIST .
Let it play out...
#LINK #CRYPTO #LINKCHAIN #CHAINLINK #ALTSEASON2020
$BTC $BCH $BNB $XLM $EOS $ETH $ADA $LTC $TRX $XRP $IOTA $LINK $XTZ $BTT $XMR $NEO $BTT $MATIC $XMR $MRK $XEM $ONT $DASH $BAT $ZRX $LSK $NANO $REP
#altcoins #bitcointrading #BuyTheFear #BuyTheDip
LINKUSD Short - 7.5%/12%ChainLink is setting up for further price correction after price discovery found an all time high at $8.89 and then retraced to the .786 fib just above $8.00. Bulls are now struggling to hold support.
Price action indicates further retrace to the 0.382 fib ($7.37 - 7.5%) and then on to the 0.5 fib ($6.90 -12%).
Downward actions supported by falling RSI on 1hr/2hr/4rh/24hr time frame and distribution shown in falling CCI/OBV on the same time frames.
Traders can enter or short position now or attempt to maximize gain by waiting for a potential shoulder to form with one last retesting of the .236 fib and $8+ levels.
Disclaimer: Not trading or financial advice.
LINKBTC skyrocket will finally do correction??? after huge strong run LINKBTC hit 0,00092 level as ATH and started to retreat around 0,00074x area and gave strong reaction and again fueled up and reached 0,00084x area. According to the weekly chart our expectation is to do correction with the time till 0,0005 - 0,0006 area. Seems with the time it will touch to the support line.
LINK/USD on it's way to flip previous range-high into support?LINK has it' s monstrous break-out of the long-term formed trading range, following recent Alts rally and BTC chop price action for weeks.
Is it over and we're due to a solid correction or we're up for another leg higher?
Key things to look at:
- RSI 1D HTF is oversold (however, I never use it as a main indicator)
- we had extremely quick breakout of the trading range tasing without proper S/R flip at range highs
- BTC.D is falling, BUT if BTCUSD Distribution will be confirmed in the next couple days and we'll have a big expansion out of the current long range all the alts will follow
- There is a big area of interest above the previous range highs.
- First trouble area on the way down could be at 5.50$
I'm personally short at 6.41$. Will be looking to add to my shorts if we close below 5.50$ and flip it.
Oh no LINK MARINE, BUT IS GOING BADLY"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
CHAINLINK / USD (LINKUSD) DailyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
This is not trading advice. Trade at your own risk.
LINKUSDT (ChainLink), short to 3.666, 3.617.Hi, friends. Today i want to analyze ChainLink. Picture simple with bitcoin situation. We have big volume of newly open positions above 3.83 and involved bulls with closing after. Targets for bears 3.666, 3.617.
Levels thanks to X-Lines indicator. Volume analyze with X-Volume script.
Waiting your likes!
Last 2 years Amazing LINK has to do correction - Short itLINK BTC amazing running continues for 1 year and almost made 10-15x against BTC cause of Google business support. Even during last month after BTC doomed to 3xxx level it dropped but recovered so quickly in one week. And topped around 0.00052x level. Many times tried to brake below 0.000500 level but was never able to brake it. I believe with the BTC correction before halving LINK will also visit uptrend support line around 0.00037xx - 0.00038xx . But first need to see 50k satoshi level is broken. From the daily picture I see OBO. May be I'm wrong but most possibly it looks like it. Its going apart from public investors, just robots are moving and simply they can draw any line. So lets short it with SL around 0.00053.
LINK/BTC Bearish Diversion So I am Shorting LINK#LINKBTC Bearish Diversion update:
#Link looking Bearish diversion and if breakdown this Red dotted line support then I will short
Small position short Added with Stop Loss 49600 Sat.
Support: 42572/37172/33086 Sat.
Resistance: 49600/54819 Sat
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Party is All Over for the MarinesIf the traditional stock market reaches new lows in the coming days/weeks, I expect BTC and the rest of the cryptocurrency market to follow. Link was one of the strongest coins in the past year, I expect it to be taking one of the hardest hits during these times. Let's see.