LINKI want to bring your attention to #LINK and #LINKBTC pairs
If we look at LINKBTC chart, we can see that on 19 of June 2023, this pair found its bottom:
we can see nice bounce;
RSI is iversold and forming bullish divergences on Lower Timeframes;
Currently, we are having almost the same view:
LINKBTC came to the same low level, where it was last time before the bullish Run;
RSI on lower level;
we see nice bounce and previous W candle close;
Now the question is IF #LINK will make the same run? #LINKBTC looks like wants to run until the previous high level.
and, Personally expect to see the coin at around 33$ to reach old ATH levels.
LINKBTC
LINKBTCI want to bring your attention to #LINK and #LINKBTC pairs
If we look at LINKBTC chart, we can see that on 19 of June 2023, this pair found its bottom:
we can see nice bounce;
RSI is iversold and forming bullish divergences on Lower Timeframes;
Currently, we are having almost the same view:
LINKBTC came to the same low level, where it was last time before the bullish Run;
RSI on lower level;
we see nice bounce and previous W candle close;
Now the question is IF #LINK will make the same run? #LINKBTC looks like wants to run until the previous high level.
and, Personally expect to see the coin at around 33$ to reach old ATH levels.
Split buying range: Around the 12.840-15.866 rangeHello traders!
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(TradingView LINKUSD 1M Chart)
The important zones for the current price position are 13.49 and 24.02.
(1W chart)
The important area for the current price position is 19.36.
(1D chart)
The important zones for the current price position are 13.83 and 19.50.
Summarizing the important sections above,
1. 13.49-13.83;
2. 19.36-19.50;
3. 24.02
This applies to sections 1-3 above.
-------------------------------------------------- -
(Binance LINKUSDT 1M Chart)
HA-High indicator: 23.976
(1W chart)
HA-High indicator: 19.340
HA-Low indicator: 6.698
(1D chart)
HA-High indicator: 19.479
HA-Low indicator: 13.795
The HA-Low indicator on the 1D chart is formed at the 13.795 point, so if the price holds above this point, an upward trend is likely.
However, in order to continue the upward trend, the price must rise above the HA-High indicator on the 1D chart, so the price must be maintained by rising above 19.479, which is the current HA-High indicator point on the 1D chart.
If the price rises above the HA-High indicator on the 1W chart or the HA-High indicator on the 1M chart and maintains the price, a full-fledged upward trend is expected to begin.
Accordingly, looking at the current HA-High indicator position, the last time to buy is when it shows support in the 19.340-23.976 range.
In order to buy when supported near the HA-High indicator, you must make a split purchase near the HA-Low indicator.
Otherwise, it is not easy to buy near the HA-High indicator.
The reason is that the HA-High indicator is an indicator that is formed at the highest point.
Therefore, even if you confirm support at the high point, you may not be able to purchase it in the end because you are likely to feel psychologically burdened.
Currently, the box section of the HA-Low indicator on the 1D chart is formed over the 12.840-15.866 section.
Therefore, you should make split purchases when you see support around the 12.840-15.866 range.
The stop loss point for this purchase is when it falls below 12.840 and shows resistance.
Have a good time.
thank you
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched.
#BTCUSD 1M
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
-----------------
#LINK/USDT#LINK
The price is moving in a bearish channel on the 12-hour frame and adheres to it well, and the price rebounded from the lower border of the channel at the green color at the price of $13.00.
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that was broken to support the rise
Entry price is 14.30
The first target is 16.50
The second goal is 17.70
Third goal 19.56
LINKUSD: Potential Long Entry on the Horizon with Bollinger BandIntroduction
Chainlink (LINKUSD) is a cryptocurrency that powers a decentralized oracle network for smart contracts. It provides a secure and reliable way for blockchain applications to access off-chain data, enabling a wider range of functionalities. This article analyzes LINKUSD through the lens of Bollinger Bands and a potentially reversing trend, suggesting a possible long entry opportunity in the near future.
Understanding Bollinger Bands
Bollinger Bands are a technical analysis indicator that utilizes volatility to depict potential price movements. They consist of three lines:
• Simple Moving Average (SMA): This line represents the average price over a chosen period.
• Upper Bollinger Band (UBB): Two standard deviations above the SMA, indicating potential resistance areas.
• Lower Bollinger Band (LBB): Two standard deviations below the SMA, indicating potential support areas.
The Bollinger Bands expand and contract based on volatility. High volatility widens the bands, suggesting a more volatile market, while low volatility narrows them, indicating a calmer market.
LINKUSD and Bollinger Bands
Analyzing the LINKUSD chart with Bollinger Bands reveals valuable insights:
• Recent Price Movement: LINKUSD has been trading within a relatively tight Bollinger Band range for the past few weeks. This suggests a period of low volatility, with price movements largely contained within the bands.
• Squeeze: The recent Bollinger Band contraction indicates a potential squeeze. Squeezes often precede significant price movements, either upwards or downwards.
Reversing Trend Signals
Technical indicators alongside Bollinger Bands can strengthen the long entry case for LINKUSD. Here are a couple of reversal signals to consider:
• Relative Strength Index (RSI): The RSI is a momentum oscillator that measures the magnitude of recent price changes. An RSI value below 30 suggests the asset may be oversold, potentially indicating a trend reversal.
• Moving Average Crossover: A bullish crossover occurs when a shorter-term moving average crosses above a longer-term moving average. This can signal a shift in momentum from bearish to bullish.
Combining Bollinger Band Squeeze and Reversal Signals
By combining the Bollinger Band squeeze with potential reversal signals from indicators like RSI and moving average crossovers, traders can identify potential long entry opportunities.
• Breakout from Upper Bollinger Band: A breakout above the Upper Bollinger Band, following a squeeze, can signal a bullish trend reversal. This suggests the price may overcome resistance and continue upwards.
• Increased Volume: If the breakout is accompanied by a surge in trading volume, it strengthens the bullish case, indicating increased buying pressure.
Why Consider a Long Entry Now?
Here are a few reasons why a long entry in LINKUSD might be worth considering based on the current technical analysis:
• Bollinger Band Squeeze: The recent squeeze suggests a potential breakout, which could signal a trend reversal.
• Oversold RSI: If the RSI dips below 30, it might indicate oversold conditions, making LINKUSD an attractive buying opportunity.
• Positive Developments in the Chainlink Ecosystem: Positive developments within the Chainlink ecosystem, such as new partnerships or integrations, could boost investor confidence and lead to a price increase.
Important Considerations Before Entering a Long Position
While the technical analysis suggests a potential long entry, it's crucial to consider other factors before making any investment decisions:
• Market Volatility: The cryptocurrency market is inherently volatile. Price swings can be significant, and unexpected events can disrupt even the most well-thought-out trading strategies.
• Fundamental Analysis: Don't solely rely on technical analysis. Conduct fundamental analysis to understand Chainlink's project roadmap, team, and overall market position.
• Risk Management: Always implement proper risk management strategies, such as stop-loss orders, to limit potential losses.
Conclusion
The combination of Bollinger Band squeeze, potential RSI oversold conditions, and a possible trend reversal suggests a long entry in LINKUSD might be on the horizon. However, remember that technical analysis is not a foolproof method, and fundamental analysis and risk management are crucial for informed investment decisions.
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Please consult with a qualified financial advisor before making any investment decisions.
Chainlink What Now?Is this move a surprise not really if you been following my Chainlink ideas.
Published in February warning traders that giant rising wedge had formed and the target of that wedge is back to the top of the massive range at 8-10 dollars.
March 18th we got a bearish cross the MACD , this was another signal of things to come.
On the LINK/BTC we can see that we hit the exact bottom of June 2023 lows when Chainlink hit 5 dollars and completed its wave 5.
We also have this very important date coming up with LINK , which is April 22nd 2024 or more like the week instead a specific day. This Fib time sequence has predicted Chainlink event for years with 100% succuss rate , check it out below
We once again get to see if proves to show us something of value.
On the Main chart above you can see this time fib sequence once again showing pivot points on the weekly , showed us all time high , June 2023 low , I mean simply amazing sequence here apart from 3.618 in grey you can see failed to produce anything special.
Even though the target for the rising wedge is 9-10 dollars I would link to see LINK hold the 1/1 Gann Fann right now its sitting right on it so we don't want to see a close under that would be pretty bad to close under the 1/1 again.
#LINK/USDT#LINK
The price is moving in a head and shoulders pattern on the 4-hour frame and we have a green support area at the 17 level
The right shoulder has now been completed
Our RSI indicator has a trend that is about to break to the upside
Our Moving Average 100 is about to break higher
Entry price is 18.26
First target 19.00
The second goal is 20.15
Third goal 20.91
Fourth goal 21.92
LINK/BTC - Head and ShouldersHead and shoulders could be forming on LINK/BTC 5day. Measured move on this would put it up near all time highs likely beginning of next year.
Link could be a solid hold from here to the beginning of next year. May drop a bit more against BTC, but I think that would be an opportunity. Link may out pace Bitcoin to the upside during this next bull run.
LINK: for get back to base📊Analysis by AhmadArz:
🔍Entry: 18.353
🛑Stop Loss: 18.053
🎯Take Profit: 18.632-18.985
▶️We are selle if breakout that 17.946$ in support.
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
#LINK/USDT #LINK
The price is moving in a downtrend on a 12-hour frame, within which the price is moving
We have a major support area at $17
We have a higher stability moving average of 100
We have a downtrend on the RSI that is about to break higher
Entry price is 17.60
The first goal is 18.50
The second goal is 19.45
the third goal is 20.50
LINK still looks bullishFrom where we entered "start" on the chart, it seems that LINK has started a bullish diametric, which is now in the middle of the D wave.
The green area is a low-risk area for buy/long positions.
By hitting the green range, we expect wave E to start
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
LINK firming up v BTC. Can it form a right shoulder?...Can it bust through the neckline with strength
All unknown of course
There are no guarantees in speculating
you have to be down with OPP
O = Opportunity , can you spot the opportunity
P = Possibility --- what are the possible outcomes
P = Probabilities *** what percent chance do you assign to that possibility
Easy right ? ;)
But at least spotting things early can help you get positioned before things start moving to fast
That is the key y
You want to be positioned before the move right .. sounds obvious
aka don't chase
So let's see in Chainlink start over performing v BTC again
It did 2.4X v once already ..
February Crab Repeat, Channel drop into TriangleLink went to the all time high 36$ range in Feb and channel A dropped into triangle A.
it broke the triangle into another channel upward to break a new previous high which was the 44$ range and we're seeing a similar triangle drop where we may range sideways for months after dropping from channel B into triangle B.
BEARISH
LINK: sell in breakeven📊Analysis by AhmadArz:
🔍Entry: 20.137
🛑Stop Loss: 20.29
🎯Take Profit: 20 - 19.90 - 19.77
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
#LINK/USDT#LINK
On the 4-hour frame, we have an ascending channel, within which the price trades and adheres to its limits to a large extent
We have strong upward momentum that the price is expected to continue rising
We also have a higher stability moving average of 100
Entry price is 15.85
The first goal is 16.35
Second goal 17.32
Third goal 18.20
#LINK/BTC 1D (Binance) inverted Head & Shoulders break & retestChainLink is pulling back to neckline support, seems likely to bounce and resume bullish here.
⚡️⚡️ #LINK/BTC ⚡️⚡️
Exchanges: Binance
Signal Type: Regular (Long)
Amount: 9.2%
Current Price:
0.0003923
Entry Targets:
1) 0.0003914
Take-Profit Targets:
1) 0.0004974
Stop Targets:
1) 0.0003490
Published By: @Zblaba
CRYPTOCAP:LINK BINANCE:LINKBTC #ChainLink #DeFi #Oracle chain.link
Risk/Reward= 1:2.5
Expected Profit= +27.1%
Possible Loss= -10.8%
Estimated Gaintime= 1-2 months
#LINK/USDT#LINK
It is moving in a bearish channel on a 4-hour frame, and the price has committed to the green area at the level of 19.50.
We have a higher stability moving average of 100
We have bullish momentum on the RSI
Entry price is 19.95
First goal 20.28
The second goal is 20.61
The third goal is 20.97
LINKUSDLink holds up well. After falling to support, we bounced back quite quickly. We wouldn't buy LINK at this point.
If you are in a position, keep a close eye on the resistance at $19.84. If Link can break through it and gain a foothold above, then we can consider taking subsequent targets marked with blue lines.
Also you can ask for only 1 altcoins analysis and i will try to do my best to cover as much as i can✍️
Link has formed a Bullish FlagLink has formed a Bullish Flag, I expect that it continues to go up soon.
🔵Entry Zone 19.421 - 19.714
🔴SL 19.064
🟢TP1 22.000
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