*DISCLAIMER* The weekly candle is not yet closed! That aside, if the weekly candle closes somewhere in the price range it is at right now, we are looking at a very bullish setup. The setup is an inside bar / pin bar fakeout, on the weekly, on major support, and is with the prevailing trend. You really can't ask for much more. It is important though to wait...
As we see there is a down trend in bitcoin, looks for LINK that its possible that it will breakout. i expect link to 4.50 +
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BINANCE:LINKUSD looks incredibly good, still up 42% this month and pullbacks are quickly bought up. Pushing away from support LINK is back to the previous range and it looks like a bullish retest for me. Waiting for a daily close and will take long. Should do it at $3.5 but was too greedy waiting for $3 dip =] Information is just for educational purposes,...
A Bullflag has formed on the LINKUSD pair, along with multiple other chart patterns that I have attempted to identify, included a fib extension and likewise a breakdown target for PT and SL for anyone entering this trade. Flag looks nice. Currently sitting above the 50MA.
Trying out a new style of analysis. First sell off finished, recovery rally finished? If this plays out, it will invalidate my previous EW analysis (see related ideas) Like if you enjoyed this chart, and feel free to comment any ideas.
This is a little link trading cheat sheet for my followers If you think technical analysis doesn't work on crypto, think again classical chart patterns, support and resistance, divergence, double bottoms, Japanese candlesticks If you apply this on link YOU WILL WIN Thanks for your support please give this idea a like Follow me for more content like this :)
Hi All, Observations: ============================================================================ For the short term, we see many indicators with bearish signals on the daily. Price is convergent on the daily... +ve Price headed for the next fib. level on the Macro channel MACD has bearish momentum in the shorter time period No divergences...
Hello Traders Today I am gonna be doing a quick and simple analyses o Chainlink, here is some points: We have Reversed with bullish Engulfing candle Pattern on important Support level on Bullish long term trend, and this is all that matters for us to open a long position in this asset. Our stop loss must be bellow the support in case this is a Bull Trap, our...
Here is my lower timeframe count on Link 🔸 We'll see more bullish momentum IF we reach $3.85. 🔸 Resistances at 3.65 and 3.78 As you can see, I expect lower prices during the next few days. See ya!
Hi I am MartyBoots and i've been trading the markets for 13+ years Please give the THUMBS UP to support my work . Thank You XRP has formed a beautiful bottoming pattern , these opportunities dont happen often to get in on the lows of stocks or coins that have serious potential to move into a bull market . We need to grab these opportunities with both hands...
LINK tested $3.8 support zone several times. I think if the downward pressure continues, then next time we can see LINK at $3.5-3.3 zone. But my ultimate buy, where I placed my bids, is $2.8. I do not urge to short support - it is better to wait for the fall under $3.8 and short the retest. Information is just for educational purposes, never financial advice....
hey everyone! Please like this idea before proceeding, thank you :) Reasons to long: -Retest of ascending triangle -hidden bullish divergence forming on rsi -hidden bullish divergence forming on macd -Strong uptrend -Link has outperformed most altcoins -set tight stop under supply line for max reward to risk This is not financial advice, please do your own...
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