LINK needs to reclaim upper range band with confirmed candles (as seen drawn in green/red candle like boxes) and then I will long.
For now, this is a temporary short imo back to mid-range if we see a break in the recent trend's market structure. That's a short-term scalp though, so I'm not interested.
Ping Pong until further notice I guess, range still in tact...
Clear chart for my previous analyze (you can check in related ideas)
for Now, the best position is short, we are under supply zone
wait in the supply and demand zones and make your decision,
my decision: I am in a short position and I am sure if goes up it can bleed more and more...
The daily demand zone is valid for long setups.
Best web3 coin
Link should retrace between 5-2 $ before going to 70-100$
Very strong coin with a lot of merges especially with strong project
Weekly stochastic is over sold so we must reach 2$
Ill hold more bags in 2$
Hej Guys and good weekend for you all.
Again when i show something is it never buy/sell post, but more FACTS and with those facts , you can make your own decision if you wannna
put money in this trade.
Been down trending like the rest of the market since since Marts 2021 and so fare its down 85 % in months.
What we see now.
Friday the S&P reached its 52 week low, $3636. There is a strong correlation between the S&P and the crypto world. Many stock investors diversified their portfolio into cryptos, especially in BTC Bitcoin and ETH Ethereum .
With a bearish stock market in the worst month for stocks and cryptos, i expect most of the cryptocurrencies to trade lower this...
LINK had some very nice follow through the past couple days and is now trying to bust out of the supply line and push upwards. No conformation yet regarding a backtest, but if we can do so, $8 comes into the realm of probable outcomes. LINK often decouples from BTC at times, so thats where we could see a attempt to bust out. Link looks more appealing compared to...
Getting the video rig back up and getting used to things again so apologies for some of the audio quirks. Working the issue.
That aside still think some fun Elliott Wave info and some nice potential trade setups and things I am looking out for.
If it inspires you or is helpful, hook me up with a boost, a follow and check out my signature more content. Cheers!
Time is coming , we are approaching October 2022 and when October comes and this 3.618 Time Fib hits we are going to get a candle breaking us out of this triangle.
It is in fact Chain link time fib count on the LINK/BTC dominance that started to unlock this powerful fib time sequence for Bitcoin and link itself check it out below.
It is still a 100% win rate...
I remember someone asking me about LINK.
Here are the numbers for you trade:
ENTRY: $6.9 - $8.1
STOP: Close daily below $6.1
This is not financial advice.
$LINK has created fresh supply, looking for price to move back into it, fill and targeted liquidity to the downside.
Orderflow on 1D and 4hr bearish and this could be confirmation of a LH, if we get filled and then target new swing lows.
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Here we go, LINK is holding strong and back tested the $8 psychological resistance and is primed and ready break for the upside of this wedge, Hidden bullish divergence is starting to play out and momentum is starting to slowly build.. LINK performs really well above $8 mark, failed the first few times but the bears may go back to hibernation for a bit. Sleep tight!
Hello Dear friends
Double ceiling pattern in four hours time frame!?
Considering that the $7 range was completely consumed in the previous corrective process, we have more mentality to continue the downward trend.
We would be happy to hear your comments
LINK is now at a KEY level. The hidden bullish divergence is playing out as it is now attempting to break prior resistance after being rejected the last time. LINK needs to BACKTEST 7.92 an trigger support that was once resistance. LINK above these levels RIPS, as we can see from recent market history. We also know that LINK usually makes it’s moves when BTC is in...