if you keep up ive been long on link since 27-28k sats. Link USD may be down for now but only because of the BTC nuke. Link/BTC pair holding up strong and i expedt a bit more sideways action before expansion. should help recover the USD pair
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In this video I will talk about bitcoin and his uptrend movement, Ethereum which is giving an excelent buy indication and link which is going to grow about 300 %.
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In the month of Sep 2019 the price action of Chainlink took the power full bullish divergence and after making upto 131% bullish move now the price action has formed a falling wedge which was initiated in Oct 2019.
Now the price action is likely to bounce from the support of this falling wedge in the meanwhile the priceline...
Forming Bullish Flag Patter in Daily Chart..
Major indicators (MACD & RSI) Are Bullish & Volume is Also Increasing.
But LINKBTC Has been Facing (Resistance) DAILY MA100, If Broken next Target will be 30.6k Sats (Key Resistance).
Still I'm Expecting Flag Breakout in Coming Days..!!
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LINKBTC this is one of those projects that pleasantly surprised me, not only with its idea but also with a very beautiful chart.
I will not say much about this project, how much respect I have for them, etc. I will only talk about the chart
After exponential growth always fall
After the first major correction, we started...
After consolidating above the MA200,
BINANCE:LINKBTC seems to be getting ready for a huge breakout back to former highs.
Target 1: 0.00031699
Target 2: 0.00034999
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LINK broke out of it's bearish channel.
The same thing happened couple weeks ago and caused a massive bullrun as you can see.
LINK will probably do the same and aim firstly to the main big resistance as you can see on the chart. If enough volume and volacity is present it'll be an easy breaktrough imo.
Als as you can see the volume is increasing ALOT. And this...
Flipping ~28k sats resistance into support after breaking from descending channel...
Crossing over EMA50, Volume slowly growing
UCTS Buy signal on the 1D (flashing on the 2D)
If continuation happens, then aiming for ~31k / ~36k sats as target..
Excellent oppurtunity to long Link here with the following confluence:
- Previous high resistance flipping into support
- Daily orderblock support
- 200 EMA on the daily
- Bullish divergence
- Trendline support
Daily close below grey zone invalidates this setup
Targets in chart
Hope all is well!,
Today’s chart update will be on LINK with an impressive parabola, will bulls have enough momentum to retest staunched resistance, which has recently put in a triple top?
Points to consider,
- Trend bullish
- Strong resistance
- RSI neutral
- Stochastics projected up
- EMA’s giving resistance
- Low volume
Link is in a...
Dear Friends, LINK/BTC completed an ABC Correction after making a test in his All Time High, after Reversal in his Long Term Suport, and now is testing one importante Resistance Level, if it Breaks there will be a long opportunity