ANALYSIS:
This support has held since 13 May. If support holds until Mainnet Launch, Price should be between $1.45 - $1.65/
CAREFUL ENTRY:
If you want to get in, Wait for bounce off GREEN support to get a good entry or Look at the BLUE and PURPLE moving averages. get in off a bounce on those lines.
CAPITAL PRESERVATION:
30 May is Mainnet Launch day....
$Link / USDT bought some due to Chainlink mainnet release . tight stop loss .
HAINLINK Scoring
Overall Score: 57.15%
Open communication channels: 30%
Team strength: 63%
Product strength: 51%
Coin strength: 66%
Brand awareness/Buzz: 50%
Advisory board strength: 75%
Activity on social media: 0%
Quick Research
Purpose: Chainlink aims at creating an off-chain...
based on RSI and market depth as well as resistance levels currently seen in the past 48 hours, this is my prediction. LINK for the next week at least has already topped.
lemme know what you think.
I been in crypto since 2017. I have been through many many Mainnet Launches with lots of $$$ invested.
All have dumped on me after Launch.... It's how you handle your position is what matters. Stop loss set or did you put your faith and hope into a wonder?
Lets not lose site of what can potentially happen.
A day before Mainnet Launch, I am selling my #LINK...
Cryptos are heating up hard with this run on BTC to 8k
LINK one of my favorite names.
We had a major break of the Hight Tight flag on the daily chart today. On our 15 minute chart we have a nice easy pullback here to the vwap with some confirmation on the rounding over vwap. Think we can get another breakout in this with a stop under the vwap. Watch for this...
This chart has now became a back test for you but the signs are there traders.
I don't fight on the 1D battlefield. I use the 15M to enter trades, I use the 5M to sell my trades, I use the 1H-4H to see where the price overall is going(Trend). That's how I fight, I scalp. small wins. Take $10k, you wait for a 2% dip or more. Enter the trade and sell at between...
LINKUSDT has been travelling in a channel since early January. As a USDT pair we see it as a candidate for a tagalong to BTCs recent rally.
Risky trade because 5600 is a likely point for BTC to retrace. Enter with a tight stoploss.
Buy: 0.4590 - 0.4687
Target 1: 0.4867
Target 2: 0.5085
Target 3: 0.5341
Target 4: 0.5815
Stoploss: 0.4485
Buying on this pullback
12HR RSI bottoming
Looking for previous resistance to turn to support
Stop may be a bit ambitious. Will monitor
Of course depending on BTC to remain somewhat stable.
Link looks like clear uptrend to me in USDT pair. Price in support zone of the uptrend parallel channel.
Entry: .4190-.4230
Target: > .45
Stop loss: .4090 (Putting type stop loss as not having confident on BTC's move)
It's not a suggestion to trade. Please DYOR.
