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Chainlinkbtc

LINKBTC: Inverse Scale to Flip the Perspective. 70k Pipe Dream?*Not financial advice. Not a recommendation to buy or sell.* Let's flip the perspective on the LINK/BTC chart for a moment. Downwards trend looks likely to continue. Ignore market cap for a second and only examine the trend. Would you short a coin with this chart? A bet on 1yr+ trend continuation? December 2019. In harmony with my speculations for bitcoin. Can it be true? ROC: Rate of Change is decelerating rapidly while continuing to the downside and at a common reversal percentage.. This is likely the peak for shorters. Volume: Despite significant outflow as pointed to in my OBV analysis below, smoothed trading volume continues to look strong for LINK/BTC.
Long
by see_are_em
2
LINKBTC formed bullish Shark | A good long opportunityAfter formation of bullish gartley pattern the priceline of Chainlink / Tether US cryptocurrency has formed another harmonic bullish Shark pattern and it is entered in potential reversal zone to hit the sell targets soon insha Allah. This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone. Volume profile is showing less interest of traders here. We have a strong support of 100 simple moving average within the PRZ area but Stochastic is oversold and did not give bull cross and MACD is strong bearish so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy. I have used Fibonacci sequence to set the targets: Buy between: 0.00020778 to 0.00020611 Sell between: 0.00020986 to 0.00021383 Regards, Atif Akbar (moon333)
Long
by moon333
LINKBTC formed bullish shark | Upto 34% expectedPriceline of ChainLink / Bitcoin has formed a bullish shark and entered in potential reversal zone. RSI has still more room to enter in oversold zone. MACD is strong bearish. Stochastic RSI is oversold but did not give bull cross. Volume profile is showing less interest of traders here I will suggest to wait for MACD to turn weak bearish or for stochastic RSI bull cross then buy. I have used Fibonacci sequence to set the targets: Buy between:0.00018785 to 0.00017210 Sell between: 0.00020077 to 0.00023158 Regards, Atif Akbar (moon333)
Long
by moon333
2
Chainlink: Alt Theme TracksChainlink made us feel "good" as one of our most essential themes played. Specifically, don't chase altcoins that have already rallied a lot. In particular, we noted that a rally to the 23% of the recent down move in any altcoin is likely just a bear market rally. With Chainlink, we can see that people FOMO'd in above the 23% only to see prices come back, creating an ugly candlestick. Bottom Line: In general, the decline in altcoins may be hurting big miners. We wonder if that is what drove the recent sudden drop in BTC and ETH.
by tokenmetrics
LINK Looking GrandAs promised in my previous chart (attached below), LINK shot straight up and will continue to do so. This is the best looking chart I've seen (next to Bitcoin) in the past few weeks, and it's just as easy to read. I'm now dismissing a possible channel, upgrading this to a bullish triangle entry. What you see here is the inner triangle (averaged). Once we get another 'top' we can determine the outer and predict the trend more precisely. I'm rating it strong-buy for long-term investors, could triple by next year (potentially quadrupling). Short-term traders will buy and sell within the triangle always watching out for those higher lows.
Long
by UnknownUnicorn5323213
Chainlink: Any Different?With crypto red across the board today, we took a look at Chainlink. Chainlink was enjoying a nice green candle as BTC was falling below 9500 and ETH pressed 188. Chainlink, like many alts, has retraced 23% of its recent decline. We have seen altcoins make significant moves to test their respective 23% Fib numbers -and then fail. So, it's excellent that Chainlink is up on a day everything else is down. It has to make another significant advance before we can see that the Chainlink rally is anything other than a bear market rally.
by tokenmetrics
LINK/BTC: UpdateBy request I'm updating LINK/BTC today. I haven't checked back since the last analysis, but did find a few things that made me change my mind. This chart is on log and trend lines & connections have been averaged (line-chart) for higher precision. – parabolic trend line (1 to 2) has ended, thereby creating a new trend-line "top #1" (where either a channel, a wedge, or a triangle could form) – the current trend line (dashed black) will aide us in seeing the overall trend, might either serve as a launch pad to much higher levels, or get broken (to confirm a channel for example) – positive weekly candle is rushing to break the 50MA straight to 0.000227 – further than December of this year is still difficult to calculate (requires more data) This is rough-check for LINK which looks great for the next 2 months forward. If there's enough interest I'll happily make a short-term (daily, hourly) analysis for this as well.
Long
by UnknownUnicorn5323213
ChainLink - LINK - That the trend is your friend!!!!I still like LINK at these prices and bought some more. I'm quite bullish on this one for the future. LINK is a pretty interesting coin. Decent uptrend against BTC since the start of the crypto winter. I believe that we are in the four wave of that upward cycle so I can see still a lot of potential in this one. We made a new cycle low in #LINKBTC. Good thing is, is that it happened with bullish divergence on daily and hourly timeframes. This is one of my biggest alt positions so when moon? I think that LINK can retrace a little bit more before we go higher again. Just like I feared... that abc zigzag wasn't ready and we backed down again. Breaking above the resistance will be bullish ofc but let's wait and see what happens next Most things are mentioned on the chart itself so don't forget to click on it. psychological resistance is a reminder! That the trend is your friend!!!!
Long
by ferGOD
[1W] ALL IN TO WIN MY LINKY ALWAYS STAYS STINKY Im here with another call. The same call I made in Just like last time: -We have a long period of Going down, on avg we only have 4-6 weeks of going down, this ones been a little bit harder than before(around 60% retracement compared to 45-50% last time) -BUT, the RSI is at the same place as last time(45/46 RSI) -The stoch is low/close to 0 like like time. -Tons of big news coming out in the next 1.5weeks. -Holding the 30EMA(purple dot) -low Volume like last time You make the call. HIstory doesn't repeat, but it likes to rhyme.
Long
by barenakedcrypto
7
LINKBTC: OBV Hinting At Sign of Weakness. Valid, Or Sergey?*Idea only. Not a recommendation to buy or sell.* For the first time ever, LINK's OBV, the signal I've personally relied on for continued strength over the last year, is showing signs of weakness. Despite selloffs, LINK's OBV would remain almost strictly non-decreasing on the weekly chart. This is proving not to be the case this time around. It should be questioned how valid this turn of events may be, however, since the Chainlink team has been one of if not the biggest sellers for the last two months. It's also worth noting that the daily OBV is not showing this sign of weakness, and is instead quite stagnant. On top of the OBV analysis, the 45-60 zone for the RSI is usually the spawn of multi-week LINKBTC rallies. Will this trend continue? It will be interesting to see how this plays out.
by see_are_em
1