Priceline of Link / US Dollar cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 2.28867 to 2.06581
Sell between: 2.48814 to 2.94519
Regards,
Atif Akbar (moon333)
Priceline of Link / US Dollar cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 2.88554 to 2.81093
Sell between: 2.94427 to 3.08634
Regards,
Atif Akbar...
I expect a price behavior something like either sky blue or yellow lines.
Blue line has more weight in my opinion, but one should be prepared for the yellow line like alternative scenario.
$Link with a nice strong bounce off the fib 1.618 retracement of what i call sub-wave 2 of the 3rd impulse wave. Starting to see some bullish indicators on the 1 hour but play this one safe we could see more downside but long-term i'm bullish. My next targets are round the 4.00 area.
#link #linkusdt #linkusd
Marc
LINK has been such a beast, people seem to think the rules of markets don't apply to it. Ignore the numbers and look at the candles, and tell me if that $1 line doesn't look like a conservative retracement point for a bounce.
These are the 3 options I personally see playing out in the coming day or two. So long as papa bitcoin doesn't make any crazy moves we should continue along one of these three paths pretty smoothly. Thanks for checking out the chart! Drop me a like if you found it interesting and don't forget to follow to keep up with my ideas.
Ascending wedge on LINKUSD. 50 day SMA has held as support thus far. Lets hope it continues to hold up... I really want LINK to do well but the technical analysis of it makes me nervous.
Shout-out to EuroMotiff for pointing out the Elliot Wave possibility on one of his ideas. My Elliot Wave slightly differs from his and that's why I'm posting it. I believe this last wave up was our 3rd wave and we're currently in the 4th. Another wave aligns with the RSI levels cooling off, some shorter term RSI getting into oversold, and the falling wedge you can...
My Notes:
This is a simple ascending triangle setup using retracement fibs and fib extensions where volume first appears with a change of direction to end the downtrend on the daily chart. The entry I took was a little aggressive, but the pattern has broken and I am not waiting for a hook back to prove support where the breakout occurred around 2.92 USD. If...
Update on a chart from mid October, LINKUSD price action on the daily chart. Sadly I have forgotten to click on the public button so it was a private idea, I do not upload those to prove myself to anyone, I am not into competition with noone but myself. Just simply following the process of thought and actions I take.
In this case I called a short in Link because...
As usual; set your stop losses first:
$10.46 STOP
These are short exit TP1-3 target positions from conservative to moderate to aggressive stances. .. it is more than likely TP1 will hit within 24h whilst TP3 can occur anytime between now and 72-90H; contingent on many indicators/variables, most prominently BTCUSD priceaction as it struggles at the 21...
Link has been relatively tame for it's normal self, and I think it's due for a good run-up potentially to ATH and ultimately into price discovery. But first things first. It's important to note, none of this is trading advice, and readers should consider this as an opinion. Previous results can't guarantee or dictate future results.
An ascending triangle has...
ChainLink has been standing strong with a significant volume for a month even though most of the Crypto Market is showing bearishness. It is still in the Trading Range but it seems that the accumulation phase is already over. Pump is coming.
Entry: 2.51
SL: 2.17
TP-1: 3.35
TP-2: 3.87
R/R: 4
Please let me know if you have any suggestions or any ideas to add....
Since few weeks our indicators are green on ChainLink.
ChainLink communicates little on its road map but we see a slow and massive adoption that allows this cryptocurrency to achieve annual performance that far exceeds all others.
In these conditions we can pretend to see this cryptocurrency reach 4 dollars in a few weeks (early December).
If a new partnership...
If we can get the current 1 day candle to close above the rimline and then have the followup 1 day candle to confirm the rim as solidified support we should finally see the breakout that I've been saying to keep an eye on in my ideas for at least 2-3 weeks now.
Dear Friends,
ChainLink broke out a importante triangle at the daily chart giving us a long opportunity. The Link is indicating us that must try to reach the last historical top due to its uptrend and the projection of its last upward movement.
My suggestion is a long position which the target is the historical top and the stop is below the last inside bottom of...
