LINK has been one of the outstanding performers over last few days.
Its parabolic growth is a typical "wave 3" with a w4 and w5 to come.
If it does not "crash" from the double top, we should see another leg.
Left Chart is 1D tf, showing the larger 5 wave impulse under way.
Right upper is 4h tf, for a closer look at the larger order wave 3.
Right lower is 1h tf,...
This is truly one for the books!
Over my years trading crypto, I have never come across something that follows TA so beautifully.
I've pinpointed all the classical chart patterns, along with pattern reversals, double bottoms, bullish and bearish divergence, supports and so on...
Try saying technical analysis doesn't exist after seeing this.
Hey everyone, if...
LINK/USDT has performed nicely over the past weeks and is currently close the the tip of an ascending wedge.
It's likely that it will correct very soon and test if this new channel will hold.
One smaller move upwards is still possible so either keep it a small position for now or wait for breakout confirmation.
Targets are at the bottom of the small channel or if...
LINK is exhibiting similar chart formations as ETH back in 2017. Given LINK's proven strength relative to the total market, it isn't improbable for the token price to reach ~$10.00-$14.00 in Q2 2020, provided the overall bullish trend continues through then.
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I'm going to show you my LINK trading plan in USDT . Soon the canal roof has changed. The chart is well explanatory and all possible action to do are well expressed.
Guys, if you like the idea please like the button, this will be the best thanks.
If you have any suggestions on...
By just using Fibonacci and with a few assumptions, like a channel, I'm looking at the channel 0.618 fib level to be the major target, ~6.0 to 6.7
This has confluence with the height of the ABCDE contracting triangle. This should correspond to potentially BTC's target.
I have the 50 and 100 EMA on the DAILY to be the support lines on the pullback.
Here's the Trade idea forecast for LINK/USDT
As per my analysis i am expecting LINK to follow a parabolic move now with minimum target of 4.4$
it has broke the major Trendline and retested it.
Everybody in crypto knows when turn comes for LINK it explodes like a beast!
while posting this it just went 6% up in minutes...
In Larger Timeframe Chart, LINK Has broken the Bullish Pennant with Strong Buying Volume.
As Bitcoin Towards the 10k, LINK Has also Following it.
I'm Expecting NEW ALL TIME High in February if followed this Pattern, So Keep Your Eyes on it.
Buy Between 2.6 - 2.7
Sell Targets 3 - 3.4 - 4
Stop Loss 2.4
Buy with low...
Short link and SL 4.67
Thanks and best regards!
With my TA time frame you will hold below:
H1 hold for 1-3 days
H4 hold for 3-7 days
D1 hold for 1-3 weeks
W1 hold for 1-3 months
Support me if you have profits with my TA:
LINK ARMY, BE READY. LINK ENTERED A NEW CONSOLIDATION BELOW BIG RESISTANCE, THIS IS BULLISH.
NICE BUYBACK AFTER THE YESTERDAY DIP, PAINTED MY SCENARIO ON CHART, WATCH IT.
INDICATOR USED IS FOR SALE
"XBT SWING SIGNAL"
IF YOU ARE INTEREST SEND ME A MESSAGE.
Bitcoin is looking bearish, is it realistic to think that Chainlink could go for ATH here?
1. Breakout from June 2019 weekly close
On Sunday, we saw the weekly candle close over 3.40 confirming that we we're breaking out. Literally the day after, we retraced around 5 cents lower because of the dump on Btc.
But this morning bulls showed a big sign of strength,...