LINK
LINK.Usdt (Y22.P4.Video1). More to go?Hi Traders,
Part 2 of the previous POST, link provided below.
Another crypto giving not much clues or clear trading possibilities in the short term but might be better on the bigger macro as to what is happening.
Hope it helps you make some decisions.
All the best,
S.SAri
BRIEFING Week #49 : Global Macro Models ReviewHere's your weekly update ! Brought to you each weekend with years of track-record history..
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LINK - The Castle Is Standing Strong! 🏚Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
LINK has been stuck inside a big range in green between 5.0 and 10.0
And as per my last analysis (attached below / related ideas), we know that now the bulls took over from a short-term perspective after breaking above the orange zone.
What Now?
As LINK retests the orange zone, we will be looking for short-term trend-following buy setups.
For the bulls to take over from a long-term perspective, we still need a break above the upper bound of the range and round number 10.0
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Chainlink on the vergeThis is a follow up to the TA below. Have a look at that one first .
So here we are a month later and Chain Link is on the verge of a major relief rally with only 48 hours from a massive weekly and monthly. My predictions so far spot on .
Let's take a look at the structure on the weekly and monthly
The weekly has been making lower highs since June and the monthly is looking to close really strong with a massive wick , showing real strength.
LMACD printing two light reds on the histogram showing momentum is moving up for LINK , keep in mind we still have 48 hours to confirm this signal .
The LINK/BTC dominance chart that uncovered all these amazing LINK fibonacci time sequences has still a 100% win rate, check the TA below .
Which was in a ascending wedge which turned into a descending wedge that has currently broken to the upside .
Once LINK breaks this blue dotted line things are going to get really interesting for LINK and for the last piece of update and by far the most important one in my opinion is the USDT dominance chart.
When I say LINK is on the verge of a rally I mean it , not just LINK but the crypto market as you can see we were in a rising wedge that has broken down, a few weeks back i published this TA detailing how USDT would move.
It was pretty close in fact the movement was pretty much the same, it was just it on the 0.618 Fib time instead of my prediction of 0.5 Fib.
So at the moment we are currently sitting on the last support for USDT , if we break this the crypto rally will officially start.
Just look at the reaction this white support line has , keep in mind this line has been there since Jan 2022.
Amazing reaction , once this breaks and closes under on a weekly we are good to go for 120-200 days before a massive crash comes in.
So far everything is unfolding as predicted , the cycles are repeating , the bottom is already in and has been for months. Most traders are still looking to short the market while here we have been stacking for months at these prices.
There was plenty of hard evidence that the bottom was in take a look below
And now Bitcoin will be printing its first colour change the LMACD histogram (confirmed in 48hours with monthly close)
Beautiful , no words to describe just take a look and sit back in disbelief because not only are we doing the same thing as other cycle bottoms we doing it in pretty much the same time frame.
So whats next? If i’m correct what happens next is the following
Relief Rally to 0.618 or top of the channel
Sometime July 2023 possible massive flash crash
Then only up till next cycle top sometime 2025.
LINK: Bullish Resistance BreakoutTrade setup : Price bounced off of $6.00 support zone, which also held up in June and July and broke back above $7.00 resistance and 200-day MA, with big volumes, which could signal trend reversal with upside potential to $8.00 resistance.
Trend : Uptrend on Short-Term basis and Downtrend on Medium- and Long-Term basis.
Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $6.00. The nearest Resistance Zone is $7.00, which it broke, then $8.00, and $9.50 - $10.00.
Chainlink (LINK) - November 30Hello?
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Have a good day.
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(LINKBTC 1W Chart)
As it began to rise above 0.0003 950, it began to release its upward force.
If it starts to rise above 0.0005 508, it is expected to explode the strength of the uptrend.
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(LINKUSDT 1W Chart)
The important thing is whether you can rise to the 11.976-15.374 section and be supported.
To do so, we need to see if it can rise above the MS-Signal indicator.
(1D chart)
The 7.230-7.820 zone is an important support and resistance zone.
Therefore, when rising in this section,
1st: 8.649
2nd 11.064
There is a high probability of rising in the vicinity.
However, since the 11.976-15.374 section determines the trend, if it is located below this section, a short-term response is required.
If there is a decline below 6.700, there is a possibility of a decline around 3.703-4.976, so you need to think about how to react.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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BRIEFING Week #48 : PCE ahead & Crypto ReviewHere's your weekly update ! Brought to you each weekend with years of track-record history..
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Link is waiting to be pumped. Targeting $12The LINK/USDT chart is looking fat! The three-top pattern is waiting to break.
A perfectionist will wait for a confirmed break out of any direction to start trading.
But a gambler (with a bullish perspective) like me will start stashing the goods from now. The plan is to buy a small portion now and buy some more if the price falls to 6-ish. Stoploss at $4.9 and Tp at $12, a reasonable R/R rate to me.
Buy zone: $6 -$7
Stl: $4.9
Tp: $12
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Link swing short idea Greetings from Team : Trading The Tides.
lets discuss a short sell oportunity on (Link USDT )
Target area for initiating short : 7.3
DCA Limits : 8 to be exact as there is a big gap remaining
TP : 6.8 , 6.3 thats a swing position so
SL : no sl
Hold Time : short - mid term
Technical Chart Pattern: structure gaps , rising wedge
Posible liquidity area : 8
Exchange: Binance
Rules :
We use big capital with less leverage .
Max leverage : 3x
Better take trades with 1x.
We only post the exact setup we are following for the trades .
But DYOR .
Not a Financial Advice !
From Team :
Trading The Tides
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Thanks a lot and see you soon on the next trade .