A lot of effort went into creating this.
This is what I think LINKUSD pair could do to inflict maximum pain both sides, while leading its way to the temporary swing top based on Weekly rising wedge. If it plays out in the near future I will post my thoughts for the long term.
I am an investor of LINK since 20 cents and have no reason to sell my investing...
I'll be waiting patiently for the $3 - $2.70 range before jumping in. Could go higher as you never know in crypto.
I think with us ranging and not making more progress to the upside over this past week tells me momentum to the upside has stalled and a correction to the downside makes the most sense.
Thoughts are my own and not trading...
Hi guys, I am MartyBoots and i've been trading the markets for 13+ years
Bitcoin has formed a beautiful BULLISH pattern , these opportunities dont happen very often where we have serious potential to move into a bull market . We need to grab these opportunities with both hands .
Do not miss this video because if this pattern plays out then this is bull market...
LINKETH has formed a bearish head and shoulders on the intraday charts. In the daily charts a large bearish pin bar has formed. Bearish price action has also taken shape on ETHUSD and ETHBTC. Even though LINK has had a very strong rally these bearish pattern signal the probability of a pullback is high.
LINK is charting some insteresting similarities to it's movements in 2019 right before breaking through it's previous high and setting an entire new level of value for the coin. If the chart plays out similarily in 2020 we are on the verge of a massive breakout for LINK.
On the chart posted above, you can see a side by side comparison from the 2019 and 2020...
I'm not marking this long until I see absolute confirmation of a breakout but if this is legit Link could fly as high as $8.42! Need to wait for a clear confirmation of a breakout though so for now this could easily end up a fakeout...w hich is why I will mark this idea neutral for now. Very possible it could confirm the breakout though.
LINK appears to be the only crypto steadily moving upwards which can attract a lot of people to come in and buy and get burnt.
I'm waiting to get a daily close or two above the $4.85 level to see if we can continue upwards. $4.85 is a key level; we get rejected again, I think we'll go down hard so it may be best to show some patience.
If we get a daily close or...
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...
LINK/ETH HAS PROVEN TO BE A VERY CONSISTENT COIN. I SAID IT WOULD BE HITTING THE .02 TARGET A FEW WEEKS AGO AND NOW IT SEEMS TO BE PLUGGING RIGHT ALONG. MY NEW TARGET FOR THE WEEK IS .024. GOOD TRADING!
Following my plan buying a link here, 75% of my usual trade size. I may go lower, but I think it's just a retest.
Information is just for educational purposes, never financial advice. Always do your own research.
