Sorry if you are a fellow link marine, Im looking at the end of an symmetrical triangle. In this position it is bearish as it is supposed to break in down trend continuation. I'll probably short the break down.
BTC in a run at the moment even if it took a pullback recently. Alts ALWAYS BLEED during BTC runs at it sucks all the liquidity from the crypto market. Be...
Look at this clear picture!
The price bounced off the support line perfectly yesterday.
If we will see a breakout from the triangle it can be a possible impulse after this huge accumulation.
The potential profit will be 3 times bigger than the risk.
Push like if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Bonjour/ Good morning,
1. BTC did break its YTD ATH (year-to-date All-time-high), a close of BTC above this level could trigger off another rally. It does not mean that we will not see any pullback, however my mainly target in BTC will probably be at the upside of the bullish channel.
2. There are two reasons I particularly like in Link price actions: Link is...
In my opinion Chainlink is the darling of this market cycle due to the fundamentals.
The technicals of the Chainlink chart are the best in the whole market buy a huge margin. I feel we are at the very beginning of a new crypto bull cycle. Chainlink went from 0.2 USD to 20 USD in a bear market so I am excited to see what it can do in a bull market, definitely a...
An update on my previous idea, roughly where I think we're headed and when to buy back in (long-term). Obviously, still plenty of opportunities to make nice trades between now and then.
Edit: forgot to update the fibs, here:
See previous idea linked below, and old chart image here:
Unfortunately a lot of traders rushed into LINK and bought the August top when in fact there was no confirmation on the long-term charts (1D) neither from the MA200 or the RSI. What do I mean by that? Traders who follow me know that I've been a LINK buyer for a few years now but only on the right levels, as I've been posting on my studies, including those below:
Before you read this post, please pull up the ETH chart at its inception.
As I have posted before I like LINK and I like it even more when I compare it to the chart pattern of Ethereum (ETH) when it first came to the market. As we all know, markets move in cycles (up and down) and LINK's timing into the market cycle seems to be well placed. This asset will...
Link/BTC lost the level and have now tested it on the upside and we need to now test the lows of this Range.
We will see what happens but this has just lost previous low on 2h too... bearish as my grandpas d.
I noticed the Adam and Eve Double bottom on LINK today.
so I am Keeping an eye on the small up trend here.
a close above previous structure could see a nice 21% move which would make the Adam and eve Double bottom valid
always consider what direction BTC is going when trading alts
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