After a long time of depreciation to BTC, we finally have a breath of optimism. Will it be possible to get out of this wedge?
Is it worth waiting for this moment?
Chainlink is forming a complex WXY correction against bitcoin and has been underperforming it. We are currently within wave Y -- the correction is likely to continue to 0.00022 (0.618 retracement of the 1st wave).
We are just about to break through the year's resistance, which could lead to a big climb if retested.
The next few days will definitely be exciting.
Leave a like if you like my analysis :)
The 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...
CHAIN LINK / BITCOIN looking going to drop soon we have bearish divergence on rsi we near to the 800 ema the blue ema
and at the hight ADR
it's more likely to me to drop down
Here 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...
The last upward cross of the green EMA with the red RSI resulted in pretty good gains.
This is a clear long. We can put a stop just below the recent low that was set.
This weekly log chart is looking very good to me and adds fuel to the $LINK chart I posted this week. I think a major move is coming in LINK. Looking forward to watching this play out.
hi 🖖🏼
Last swing with LINKBTC was very good and now this asset have a good support area on green box and RSI (1W)
so im buyer on greens with SL on white and TP on reds
i'll share lower TF in this below
#NFA
#DYOR 💚🥂🍾
BINANCE:LINKBTC Looks Nice atm. It remained in ranges during Last few weeks.
Most of indicators are taking a shift towards bullish bias and volume had increased over past 2 weeks.
Currently Needs a bit more Volatility but a breakout looks like around the corner. Its a 2 day chart it can take time to develop do not fomo buy.
Weekly levels zoomed in
Happy trading
Can 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...
#LINK/BTC TA Update:-
#LINKBTC trading price is 3400 Satoshi
As per chart this is important level which depend Bull or bear.
So If hold 3100 sat level then we can expect bounce back.
Bullish Mode activated = Above 5500 sat
Bearish Mode = Below 3000 Satoshi
Never Invest without any confirmations.
Always use Stop loss.
Support:- 3100 Satoshi
Resistance:-...
LINKBTC 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...
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. The price had a rise and then fall forming the H&S pattern. The price was rejected at the R1 line which is the resistance created. S1 is the support area. We expect it to be supported at this area and break the R1 resistance. If this happens, the price can move up to...
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....
Market 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
...
LINK has been rejected by 1.5 years of strong resistance line. Next is to observe if the 50W EMA will act as a support. But the obvious thing is: Nothing can go down forever. The time will come for the Link.
