ChainLINK Presents us with a New Entry PointThe trade is in the chart. A long position with potential loss of 4% and potential gain of 12%. RSI gives us a local divergence and we have three bullish reversal candles which make an ascending triangle on lower time scales. This trade should be done in the hourly chart actually. Anyway, manage your risk. Set your stop loss so that you lose at most 4% of your allocated capital on this trade. Once we go up about $1.2 (we gain as much as we are risking), then raise your stop loss to the entry point so that at the worst case, you break even and you keep your capital without loss. Good luck.
You can view this chart here .
Also look at my LINK/USDT hourly chart , but on this chart, the trade doesn't look very lucrative :(
LINKBTC
LINK Making Gains On BTC!!?Chainlink on a weekly timeframe has broken out against BTC and we are looking bullish! Ontop of that good news we got some more amazing news from Sergey Nazarov, Chainlink staking is going to be released this year! Absolutely huge news and a big win for the LINK community, the people have been waiting years for this to happen, once the news comes out where staking is live i expect link to see some massive volume and likely a lot of FOMO! Our first test for Chainlink on the weekly is aprx 0.0005 BTC. Looking at the RSI we have broken nicely above the yellow SMA and we are heading to the upside where we will be approaching the very important midline, we gotta break up and above here and hold it for us to regain an uptrend, being below this level keeps us in a confirmed downtrend. The MACD looks good we seem to be coming out of a double bearish cycle with our histogram now right on the midline, the goal here for weekly close tonight is to print a strong green bar on the histogram and then afterwards continuing to print green bars that are increasing everytime, its also looking like we are going to see a bullish cross which is always a good thing and due to our previous 2 bearish cycles this next bullish one could be huge! Now the Wavetrend is sending off some bullish signals aswell, we have bottomed out and we are making a very healthy rounded curve for our reversal, keep in mind just on the daily chart this is a slow moving indicator that usually doesnt make sharp moves, on the weekly its even more powerful and slow moving, we could be in for a big bullish wave coming up soon, especially because we have seen quite the downside over the past months! Not financial advice just my opinion!
Link BTCLink BTC
Link is showing it wants to regain some of its strength against BTC. This close to weekly close and yearly open
strong moves to either direction are possible.
1D chart approaching nice risk adjusted setup for a break out play or a continuation if your already in the assit.
Testing 1 year long trendline
Testing 50rsi
MacD bullish crossover
MacD bullish div
Will be looking to play this in a binary fashion. It breaks out or it breaks down.
Will also be watching for a fake break out and then a strong breakdown.
If I catch a breakout I will add with more size on a break out and retest.
Trade Frosty.
LINK/BTC Head & ShouldersPotential Head & Shoulders pattern forming on LINK/BTC pair after we bounced off long term support twice and formed a double bottom. If the H&S pattern plays out, we could break the trend line and reverse the trend. Daily Stoch RSI is crossing up, which indicates bullish momentum. Fundamentally one of the strongest projects, hopefully the price will follow. Good luck!
Link/BTC falling wedge breakout?BINANCE:LINKBTC bounced off a key support level on the 1D (the green highlighted box). Link has been in a falling wedge for a LONG time, we may finally see a breakout now that we have bounced off of a key support level.
@cryptobullet1 tweeted about this wedge, and i agree, i think this bounce may take link up.
LINK/BTC Ready to 300% Gain upward from here..?#LINK/BTC TA Update:-
$LINK currently trading at $4435 Satoshi
And This week strong bounced back from 3800 Satoshi support level.
Entry:- 3800-4400 Satoshi
Targets:- 5300/9100/15800 Satoshi
Stop Loss:- 3500 Satoshi
First LINK need to break out 5300 Satoshi level.
Above this Level #LINK will be sky rocket.
Support:- 3900 Satoshi
Resistance:- 5300/9100/15800 Satoshi
A Long PossibilityAccording to the wave principle, Link is about to complete its 2nd wave against Bitcoin. However, there is still a possibility for this 2nd corrective wave to become more complex before advancing. If things doesnt work this way, then the future possibilities will be restricted and this study will be re-evaulated for a higher chance to succeed. Trade safe!
LINK/USDT LINK per BTC is bullish because of a big ascending triangle also and per USDT we bounce from weekly trend line support and lower line of modified pitchfork and even also 0.618 fib retracement now there is a bullish shark pattern with right rations and break and of a big structure resistance with is acting is support now reaching to tp like all other alts depends on BTC .
First TP : 38 $
Second tp long term :60$
LINK/BTC looking bullish!- held 200 weekly MA
- bounced off trendline (yellow)
- bounced off support range (green box)
- weekly Stoch RSI oversold and about to cross up
- great fundamentals.
If we break out of the year and a half long consolidation (yellow triangle) we might visit the ATH. Good luck!
LINKUSDT , We should wait ...Good Evening guys
LINK is one of the most powerful project that is working on ...
(if you need any information fundamental about any coin you can send us messages in private)
According to the chart, the price after impacted to the resistance is fell down and now its in minor support zone area, if it cant support in here the price can drop more to reach lower PRZ level.
Previous analysis :
If you need any help or question , send us messages in private
Good Luck
Abtin
LINK Buy of a lifetime (Analysis) 🐂LINK is forming a solid pennant that it's been respecting since September of 2020. I believe the earlier pump was simply deviation, and that the real breakout is still coming. A buy at the current price ($20) is further supported by the Stoch RSI, where each time it's bottomed out has been a great opportunity to buy. Based on the fib retracement from the last pump to the last low there is big resistance right around where a breakout from the pennant would be. Breaking this area although difficult would mean clear skies for the bulls. I'm currently looking for buys in this region with a stop loss outside of the pennant, the risk to reward ratio is too good to pass up.
That's also only considering the price action, this isn't considering the utility LINK brings to the table. I won't go into too much detail here, but in summary, it facilitates the transfer of data between on-chain and off-chain smart contracts which is essential for real-world applications. If curious look into the relationship between PayPal and Chainlink. The long-term value of LINK is undeniable, I am very bullish.
LINKUSDT Technical Analysis💎 LINKUSDT has been rejected by the support zone. The large green candle shows that the bulls can potentially push the price much higher. However, we might see a pullback after the pump
🌐 Tradingview
💵 Invest Only 5% of your Portfolio
🎳 Entry/Pullback now or from 20.61 - 18.67
☕️ TP1 22.79
🍺 TP2 25.40
🍻 TP3 28.04
🍾 TP4 30.97
🍷 TP5 33.85
🍸 TP6 37.00
🍹 TP7
🎁 TP8
🚫 SL 18.47 - 16.51
Good Luck 🎲
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Link - keep an eye on these scenarios!Link is down 60% in the last few weeks. At the same time, there have been huge liquidations. There is a lot of volume at the bottom, which is a good signal. It is also worth noting that a trend line has been formed and the price is moving towards it little by little.
A false breakout of $15.3 or a breakout of the trend line would be a good buying opportunity.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
LINK/USD - 2018 PTSD bearschizo bros, rise up!If we get the brutal 3 year bear run, these are the levels I plan on buying LINK. Veterans of last bear run would not be shocked if we saw 90-98% drops on major coins, regardless of their fundamentals.
This is my plan - obviously not advising anyone to follow suit. I will however say it is a good idea to have cash handy for these possibilities.
Green - accumulate
Orange - Buy with size
Purple - Sell house and car to all in.
(exception is if the project dies, otherwise I think these bags would make me a happy man in the next bull run.)