As you can see on the chart there is a floor on 15.5-15 usdt on chainlink.this channel is very powerfull and hopefully we will have bullish signal there.
As last idea published by me,we are at bottom place of long time chanell.is floor confirmed??we should wait some times more.but my idea is yes we will go up from this area(13.7-15)
Press like if you are agree with me
14.8,9 are the critical levels for LINk if it goes to less than the current support level, We might see Link bounce from its level now if volume increases.
The crypto bull market is over. Most bulls are still in denial or talking about a 'major cycle'. No.. I will just use text book simple TA to explain. See for example weekly chart of #LINK one of the major coins:
1. Long term uptrend broke.
2. First sell-off
3. Back to normal
4. Lower highs
5. Distribution range (wyckoff market cycle)
6. Lower high in range
7....
We have three points to buy for Medium term
1- Flag limit Monthly
2- Center Of Flag
3- Base of Flag
Everything on the chart.
It's not financial advice.
Do not Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
BINANCE:LINKUSDT
Salaam
Happy Friday!
Link is in uptrend from 14th December.
It is located in key level and also last swing's low.
I expect some bounce after this sharp falls even don't see higher highs.
So I bought Link here.
To be honest, 15-16 is an ideal spot to buy but I don't think it goes there! We'll see.
I share only my opinion and what I did, please do your analysis...
I expect the pullback to continue 50% of the previous move and the value of LINK will increase to 28$, then we will have a serious and good the level of 14$
ChainLink recent gave us an ascending correction which indicated to us that there's a correction coming for more upside or a reversal. In this case we saw a correction in the for of a descending ABC channel, which is currently showing rejection at the 618 fibonacci level.
Trade Idea:
- Watch for a break of the descending red trendline for entry
- Put SL below...
LINK fell below its all time price channel back in early December 2021, a sign that buyers were exhausted and sellers have dominated the price action.
When such a scenario takes place, the market maker is in control pulling up buy walls at a strategic point in the chart. In this case they protected pre-2021 valuations and went on a buying spree between 15 and 16...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for LINK, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
Since Sep2020 that I've posted linkusdt chart, it reached all targets and even went beyound .
so now
📈📉 As you can see on the weekly timeframe for pair of LINKUSDT , Its trading about $19.9 right now .
Link has been growing in a strong uptrend...
As we can see strong daily support zones are ahead also 0.5% Fib and 0.61% Fib levels support here are strong and we are looking for a pump here, like green arrows on the chart.
Notice: Blue trendline is major resistance here and if it breaks we can expect a heavy pump too.
DISCLAIMER: ((trade based on your own decision ))
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Hello my friends, How are you doing ? Looking at this chart, Link might have started the drop already or it will go touch $30 mark before falling two folds.
I see nothing bullish here but a complete or about to complete WXY correction.
Remember your likes & comments are heartwarming to me.
Hence, these are my personal thoughts & I could be wrong.
Regards:...
HELLO EVERYBODY !!!!
after trading this bad boy with trendline analysis and hitting the almost 29 $ target, we are touching the trendline.
The first target is 28 $ which is 25 % profit !
this is BTC pair.
got rejected from the resistance.
looking for reversal...
Based on the downtrend as well as the selling pressure, the downside is more likely, if it loses the second red support, it means that the uptrend is over, so it will be in the range for a long time.
BINANCE
