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LINKBTC trade ideas

LINKBTC Hello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for LINKBTC In the present chart we have R1 as the resistance area which represents the unsuccessful attempts of the price in order to rise. R2 used to be a support area and even S1 is our support line that shows the support of the price at some points. Here we have the price fluctuating in R1 and we predict it to have a decline to S1 and by making sure through some confirmation candles, we expect a rise for the price over R1 and toward R2. R1 is considered a good area for placing sale orders and S1 is good point for having purchase orders. Please consider your stop loss and enter trading with some confident signs. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Long
by MarsSignals
Chainlink (LINK) vs Bitcoin (BTC)Link is one of the fundamentally strongest coins out there. Many gave up on it because it underperformed in this bull market, for now. I think that it will outperform BTC and even ETH form here. It's currently sitting on the monthly support and this is good R:R here for a long. This is an aggressive buy here at around 0.0004000 levels, more conventional buy would be when it flips the yellow line at 0.0006885 to support. Targets as shown. Good luck.
Long
by Cool_Dog
The 100% winrate Chainlink Fib count tomorrow!I have waited a long time for this day to come! my 100% winrate Fib count will be tested for the fourth time tomorrow! This Fib count on the LINK/BTC has a 100% win rate so far will tomorrow keep it at 100? who knows lets take a look at the chainlink price pattern. Price at the moment is in symmetrical triangle and since the the trend is downwards this is not a good thing. These patterns tend to be a continuation of momentum so in this case that would be more downside. If you want a more longterm macro look on chainlink have a look below. Big day tomorrow! Will we start to shift in momentum? Will Chainlink start its new "only up" cycle next four years? Will we Crash? One very important thing to take note is the next date is April 2024 poeple! so if your waiting for lower prices you could be waiting a while! , this date lines up with the Bitcoin halving aswell. Buckle up!
Long
by Sporia
24
Chainlink vs BitcoinThe above 4-day chart printed a warning with yesterday’s candle. Following an amazing 6000% rise against BTC and overbought condition (green column)... there is now a bearish head and shoulders reversal pattern. Ideally price action will now rise to confirm resistance on previous support (orange line). During July we saw bulls push through resistance to enter the mania phase followed by a ‘blow off top’. A blow off top follows a strong rally with falling volume, which is what we have now. The weekly chart below has price action falling through the 21-ENA (yellow). Although the 50-week EMA (green) may offer some support, we’ll have to wait and see. RSI 52 on the weekly is an important level for Chainlink, every time we cross to the downside price action falls. Circled in black we can see RSI is crossing down. This is certainly a bearish outlook for the near term. Facts: 1) Price action broke through the 21-week EMA. 2) Price action then confirmed the 21-week EMA as resistance. 3) Weekly RSI breaks support. Target? I’m expecting a 70% correction to 0.00022 sats Weekly chart with RSI crossing below 52
Short
by without_worries
2
A Look At Oracle Protocols Huge Upside PotentialHere a look at Chainlink (LINK), Universal Market Access (UMA) and WINkLink (WIN) in comparison to BTC and as a type of blockchain protocol. Overall the oracle protocols have heavily retraced about 80%-95% and it appears they are ready to explode again. Assuming Bitcoin will kick off heresoon the final leg of its bull cycle these altcoins have great potential to gain market cap and price. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
Long
by CarpeMomentum
7
LINKBTC - CRUCIAL Decision PointCan LINK retake the former support level at 0.00036 BTC and find its way back to the top of the channel and beyond? Or is this retesting the support flipped resistance before a momentous drop? The next week should tell us clearly. If it retakes support, it's bound for .00055 BTC + If it falls below around .00032 from here, time to cut losses if you've been holding waiting for Chainlink to wake up like so many of us. Personally I will cut my stack by 80% if it falls below .00032. Good luck and enjoy.
by funtimes
LINKBTC - close to the bottomLINKBTC is near the tip of a falling wedge which have a bullish bias and it's very close to the daily 200 SMA. We can see bullish divergence on almost all timeframes and the 23500 - 25000 range is a zone of major support. The parabola for LINK/BTC is still intact and it's very close to it. This all points to a reversal in the near future and looks like a great zone to accumulate for long-term positions. Let me know what you think and best of luck with your trades!
Long
by Wolfy_
2
LINK (ChainLink) Weekly Trade Follow Up. BINANCE:LINKBTC has lost the gains it has made on the first half of January. We are now retesting the 4-year long trendline that has held as strong support after reversing off of the 0.236 Fib line above. We did anticipate such a move in preparation for higher highs. However, we haven't yet gotten confirmation that LINK will not break below the strong support. The current weekly candle is only one day old. Zooming in to the daily, we don't see signs of reversal either. It is crucial to see a bullish pin bar (hammer candle) before setting up for re-entry. The stop loss will be just below the 3600 Satoshi support line. Breaking that line signals that LINK is too weak to surpass the recent high of 0.236 Fib. Current market volatility makes this trade risker than usual. Therefore, lower capital should be allocated on it. The reason is that I would not be surprised if during this week, price breaks below 3600 Satoshi and rebounds back to 4500 Satoshi above the rising trendline. Summary: If you're not holding a position in LINK, then wait for reversal signal. If you are holding a position, then set a generous stop loss below 3600 Satoshi and reduce your position such that the loss is manageable. You can always re-enter this trade after we see reversal. Remember that our target is at 16k Satoshi in May or July. It's better to enter with more confidence even if you waste the perfect entry. Good luck
Long
by TechNerdOmar
LINKBTCMarket Sentiment Monthly: Bearish Weekly: Bearish Daily: Bearish 2H-4H: Heading toward resistance LTF: Heading toward support Notes $LINK is bearish across HTF. I'm mainly looking for shorts on this coin but we can trade either way depending on BTC PA. I would not hold this on spot until break of bearish market structure on the daily Check BTC Pair General Guide: 1.) Anything above price is a resistance, anything below is support. 2.) Proceed with caution when taking a trade based off of this chart. 3.) Make a copy of it to watch it in real-time. Click the share button, then "Make it Mine" 4.) It is very risky to set limit orders, I advise you to set alarms and when it hits, check how it reacts. 5.) Watch the BTC pair closely as price will generally follow that pair. 6.) Base your trade off market sentiment
by warudo_
LINKBTC : LINK ready to test $65 and enter TOP 10 Market Cap ?Link has been showing strength lately. Positive price action so i thought id take a look against the Bitcoin. Link showing lovely structure here. It has turned a resistance in to a support which is bullish . Now is just needs to hold above the 100MA. If all goes well we will see Link gain much value against BTC. If Link makes it to previous high, Link will be $65. This brings the market cap to $31,000,000,000 (billion) which will be good enough to enter the top 10 of coin market caps, as it stands. What are your thoughts?
by Highest_High