LINKBTC
A 1000 Dollar ChainlinkDoes chainlink even have bear cycles? , one can say price just goes into a long accumulation period before heading up once again.
Secondary Long term channel still intact , I did have another I was charting but it broke that one. Chainlink has had a double rejection off the 8/1 Gann so far.
The longterm channel and the end of the 8/1 Gann cross March 14th 2022 , I had been going over the idea of a cycle top in May 2022 for a while using a Chainlink Fib time sequence, it is possible that May 23rd 2022 for Chainlink is not the top but the start off its parabolic cycle up to 1000 dollars June 2023.
The chart below you see is LINK/BTC this Fib sequence has been perfect so far at calling major moves in LINK and also calling the bottoms for price next date May 23rd 2022 ,out of hundreds of Fib time sequences I have used in the last 2 years this is the only one that has had a perfect count each time without fail.
$28 LINK aims for goldMucking our way through the $24-26 range, we're doing well to get back above the market bands. Cushioned by low 18.75 support line. We have $22 general market support. Bull market bands -- 20w sma and 21w ema -- are at $25 and $26.75, with a high support at 29.50.
Clearly we are trading sideways. With an nausea-enducingly wide range.
$27 appears to be the VPVR point of control, in terms of volume traded between now and June 2021, which aligns with the bull market bands where we are trading for the last few days.
We need to keep above 27, or it means the market makers will bring us back down, and have only used these recent days to load them with better short prices. We'll see.
My suspicion (bias alert...hope, i'm fully longed at the moment in my own trades) that is we will move to the upside for a bit yet still.
I'm happy to see that we closed the $25 levels. Some lost LINK and USDT along the way, i'm sure. But for those HODL'ers out there. This move's for you!
LINK🔗 triangle breakoutIt's has been long time since I posted last Chainlink idea... 👇
But now here comes another one >> LINK 🔗 is holding well even in this weak market recently. Price seems to be ready to break up this triangle 📐 and If succesful I think there is chance for run to 30.9 and even higher. I'm already in, but one can set the BUY LIMIT order to catch the possible pullback. As usually we need BTC to stay stable (or even go up) to not spoil the party. Going with lower size as markets are shaky.
ENTRY : local high @ 26.37
STOPLOSS (TP) : local low @ 25.08
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY LIMIT - SL) @ 30.9
REWARD RISK RATIO (RRR) : 3.5
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
LINKBTC continuing uptrend - LINKBTC just bounced off the bottom part of the parallel channel
- LINKBTC just broke the local downtrend with volume which gives us a first target of the equilibrium of the parallel channel. Afterwards we target the beginning of the downtrend (0006804). Lastly, we are looking for the upper side of the parallel channel.
- MacD just crossed over and RSI has bullish divergence
Happy trading :)
LINKUSDT, Exactly started moving from the zone toward ...Hello everyone
According to the chart and previous analysis the price and the movement of whale exactly started from the minor support zone and its moving upwards toward the target and reach to the resistance zone.
If you took position in LINK risk free it and go up with the price in anywhere the market wanna go
This time its not to take in position just update the last analysis
Good Luck
Abtin
Previous analysis :
LINKUSDT Next move (4H Time Frame 10%-20% Profit )Link comes up to only complete the double top .price will chase the buttom of the channel from now
Also Rsi shows us a powerfull divergence
this is just like the last link analyssis
in the middle of channel(around $24) there is a chance that btc will pump and make link bullish , BE AWARE.
always manage your positions if you see any sign of "bullish moves" make your trade risk free
feel free to ask questions or anything else.
GODBLESS
LINK Chainlink: Patterns In MotionHello friends, today you can review the technical analysis idea on a 4H linear scale chart for Chainlink (LINKUSD), a cryptocurrency.
The chart is self-explanatory. This is a short-term chart with two bullish patterns (Descending Channel and Double Bottom Pattern) showing potential for upside. Though bullish, volume has dropped and Chainlink may be dependent on where Bitcoin and Ethereum are headed as those two cryptos are largest in the space.
Additionally Shown: Ichimoku Clouds, RSI (Relative Strength Index), Stochastic RSI (Stoch RSI), Fibonacci Retracement, Support and Resistance Trendline, and Volume.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
As the year is coming to an end and holidays are almost here. I want to wish my friends Happy Holidays and ready for an exciting 2022! What are your thoughts for the coming year?
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
LINK/USD - Rally to $28, then maybe $38!Link had a fantastic rally in the past week. However, the price is quickly approaching a key resistance.
Key Support level: $23
Key Resistance level: $28
After a bullish cross on the daily MACD, LINK entered into a sustained rally with great volume, which has catapulted the price over $20. LINK turned the $23 level into support and is now eying the next key resistance at $28. It is unlikely that LINK can break that level on the first try, but momentum remains strong and favors bulls.
Technical Indicators
Trading Volume: The sustained volume has put LINK back into the spotlight as the price moved higher. There is no sign of weakness, and the momentum is clearly bullish. This may change as LINK approaches the key resistance.
RSI: The daily RSI is moving higher fast, and at this rate, it can soon enter the overbought zone. This is not a concern right now, but it will become important once the price hits the resistance.
MACD: The daily MACD has been bullish for a while, and now it also completed a bullish cross on the 3-day timeframe. This is significant and may indicate that the cryptocurrency is due for a sustained rally even beyond the current resistance.
Bias
The bias on LINK is bullish. The strong volume and price action support this case.
Short-Term Prediction for LINK Price
LINK managed to surprise the market. The current rally may continue for a while, and the big test will come once the cryptocurrency approaches the key resistance at $28.
LINKBTC descending triangleDear Friends LINKBTC chart is forming a descending trinalge which is a bearish pattern. Use only maximum 2% of your total portfolio value for this trade.
sell when daily candle closes below 0.0003500
stop loss at 0.0006000
profit target 0.0000700
risk & reward ratio 1:1
descending triangle has 72.93% Success rate
LINK/BTC. ChainLink Strong Bullish Signal 60% and 3x Targets.This is a trade I've been anticipating for a long time. ChainLink is finally showing signs of reversal of the bearish trend that lasted for a year and a half since August 2020. ChainLink has been consistently outperforming Bitcoin. I expect ChainLink to climb 60% by February 2021 and to triple versus Bitcoin by July 2021. If you consider that Bitcoin itself will double in price by July 2021, then ChainLink would 6x vs USD by that time.
Be mentally prepared to lose about 25 to 30% of your capital on this trade. Set a generous stop loss and do not risk an amount that you cannot afford to lose 30% of. But whatever you do, do not ignore setting the stop loss. Watch the video for more details and good luck.