LINK/USD BUY ENTRY 1 3.30 ENTRY 2 2.80 SL 2.00 TP.1 4.00 TP.2 4.50 TP.3 5.50 TP.4 6.30
This is my personal opinion and observation. it is not financial advice..
LINK/USD LINK is about to retest the upward trend-line support at 2.5 levels and if the price holds this area, we could expect a bounce up in the next 24 - 48hrs. Otherwise, a candle body closes below this trend-line will signal downside to 2.3 regions.
LINK/USDT LINK has set up a new Higher Low at 1.7 and currently testing the downward trend-line of this giant pennant triangle pattern. If the LINK pulls back and retest key support area between 2.33 - 2.14 and holds it a couple of days. There is likely a chance of breakout in the coming few weeks.
If Link loses the uptrend it will very likely test the long established trend line again. When that support brakes next target imo will be around the $1,00 region where there is a nice cluster of the 1:1 extension from A to B, the bottom of the parallel channel and the median line from the original Pitchfork.
Daily Divergence on RSI + MACD and nice PA near key level and Yearly open awaiting bullish move to 2.00-2.30-2.50 USD
After forming the Shark pattern in Sep 2019 the price action of Chainlink took a very powerful bullish divergence form the potential reversal zone of this bullish Shark and made more than 107% bullish Move Upto Nov 2019 the price action starting moving within a falling wedge which is very steep and at this time the price action is hitting the resistance of the...
Priceline of Link / US Dollar cryptocurrency has formed a bullish Cypher 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: 2.25367 to 2.22120 Sell between: 2.27844 to 2.33996 Regards, Atif Akbar...
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...
Priceline of Link / US Dollar cryptocurrency is forming bullish BAT pattern and soon it will be 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: 2.55092 to 2.57797 Sell between: 2.64015 to...
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: 2.30520 to 2.25215 Sell between: 2.34697 to 2.44721 Regards, Atif Akbar (moon333)
A Bull Flag is waving once again. Bulls are agressively completing the right shoulder. The bulls are on a rampage!