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Chainlinkbtc

LINKBTC Has Completed Bullish Setup | A Good Long OpportunityIn the month of Sep 2019 the price action of Chainlink took the power full bullish divergence and after making upto 131% bullish move now the price action has formed a falling wedge which was initiated in Oct 2019. Now the price action is likely to bounce from the support of this falling wedge in the meanwhile the priceline is also getting bounced from the lower bands of Bollinger bands before hitting the support of pattern and Bollinger bands support the moving average convergence divergence (MACD) was strong bearish now it has turned weak bearish and Stochastic has given bull cross from oversold zone the relative strength index was also oversold and now turned bullish. On 4hr chart the Exponential Moving Averages EMA 10 an EMA 20 are giving bullish signals by forming golden cross and lifting the price action up: The price action might have some price correction coz it has made sudden up move after hitting the support however the price action will hit the Fibonacci projection of tail to support of the channel between 0.382 to 0.786 Fibonacci soon so we can set our sell targets between: 0.00029175 to 0.00033581 So it is upto 34% profit potential trade, however we should set our stop loss using support of this falling wedge in case of complete candle stick closes below this support area. Regards, Atif Akbar (moon333)
Long
by moon333
ChainLinkLINKBTC this is one of those projects that pleasantly surprised me, not only with its idea but also with a very beautiful chart. I will not say much about this project, how much respect I have for them, etc. I will only talk about the chart After exponential growth always fall After the first major correction, we started to grow and tried to show the top Three times we tried to break through the resistance level and failed I call it a cycle and I want to share similar situations with other projects
Short
by EXCAVO
11
LINK/USD Price Action Analysis | Pump is ComingChainLink has been standing strong with a significant volume for a month even though most of the Crypto Market is showing bearishness. It is still in the Trading Range but it seems that the accumulation phase is already over. Pump is coming. Entry: 2.51 SL: 2.17 TP-1: 3.35 TP-2: 3.87 R/R: 4 ‪Please let me know if you have any suggestions or any ideas to add. I can also give you more detailed explanation for this specific trade setup.‬ ‪The ideas published here are not financial advices. ‬
Long
by CompositeTrader
3
Chainlinks Parabolic riseThis past year Chainlink has been the best performing crypto currency to buy, yet it has continued to fly under the radar compared to other shit coins. I predict that in btc value Chainlink will reach 0.0015 btc value per linkies some time in 2020-2021. Now here is where it gets interesting, during the next real parabolic move for bitcoin it is possible that bitcoin will reach a high of 100k-400k USD per bitcoin. Lets look at what this would mean for a the price of LINK 400,000 x 0.0015 = 600 USD per linkie 200,000 BTCUSD x 0.0015 = 300 USD per linkie. These are potentially life changing returns and 0.0015 btc per linkie is a low estimate for the potential price of Chainlink, we could possibly even see 1000 USD per link if all goes well. This is not financial advice, this is a financial COMMAND. Buy at LEAST 1000 Chainlink and put it away until the time comes, or get priced out forever.
Long
by GregTheSpider69
2
LINKUSD Burkowski does it again— SHORT Volume KC, Bollinger’s, RSI, && Burkowski does it again— a double bottom & three drivers Further validated by of course squeeze momentum, volume being the final box on the checklist coupled both with recent sell off of BTCUSD( See last publication) I am freezing my ass off but I will try to update later for now I will post the publication so that nobody has the FOMO please trade safely and have a wonderful weekend... Purple is pivot & red is stop. You already know which one to set... Disclaimer You are a grown man or woman presumably you are responsible for your own goddamn money this is not financial advice although if it were you would be wise to follow it and that is just in my opinion... Twitter/LinkedIn/TradingView/Stocktwits/all the other BS -@a1mTarabichi
COINBASE:LINKUSDShort
by a1mtarabichi
2
ChainLink - $LINK Hopium is over, time for a dump!Most crypto traders have probably heard of the cryptocurrency ChainLink at this point, it was one of the few digital assets to see a bullish reversal so far. The ticker for this coin is $LINK. Since December 2018 $LINK has seen a sharp rise from ~$0.19 all the way to ~$4.60 at its peak in July. Interestingly enough, we have only started hearing about this coin more recently. This hype that has recently picked up also coincides with its price somewhat recently peaking. Fundamentally this information makes me feel that a sharp correction wouldn’t be at all surprising. The charts seem to tell us the same thing. Looking at this chart we can see that an Elliot wave pattern was completed and an ABC pattern is currently forming. The B wave seems to have completed as we are failing to breach the resistance that I have marked on the chart. This picture shows a breakdown of the corrective waves that have occurred so far. We can see a possible 5 wave pattern completing the A wave and a 3 wave ABC structure completing the B wave. The A wave completed at the .5 Fibonacci retracement level. To complete the C wave I expect the price to reach at least the .618 Fibonacci zone, also known as the golden zone. I will be further analyzing this trade once we get closer to that zone. If we reach this zone that would be approximately a 19% decrease in the price. What would I do if I was holding $LINK right now? I’d sell, and if I was a believer in the long term potential of the project I’d be sitting on my hands and waiting for a better entry point. Preferably around the golden zone. This is not financial advice, this is just how I’d approach the trade.
COINBASE:LINKUSDShort
by dmitch696
9