LINKBTC
LINK fakeout got me rektSo as I've said in my previous analysis of LINK I have entered a trade once it broke out of the channel. Breakout ended up being a fakeout, which immediately triggered my SL. I should've waited for confirmation... My mistake and I'll learn from it.
Now: LINK is at the bottom of the channel. I have taken a medium size position in LINK with a SL at $11.20, just below the previous wick.
Safe trading!
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Please feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea.
Also make sure to leave a like as it helps me out a lot!
LINK - Bullish potential Another alt coin I believe has a bullish big potential against BTC is LINK. Pair looks good, trying to overcome resistance at 0.00098 BTC, and if succeded LINK will fly much higher to 0.001 BTC and $20 / coin.
It would be possible ofc if ETH continues its bull-run (that so far I have no doubt given the launch of ETH 2.0 ahead).
Information is just for educational purposes, never financial advice. Always do your own research.
Hit the "LIKE" button and follow to support, thanks!
Chainlink Massive Upside PotentialChainlink seems to be moving into parabolic advances inside an uptrend channel, some key levels and dates for reference in this chart.
Chainlink finding support @ 0.00075 and @ trendline intersectionUpdate to the previous chart
Chainlink looks like coming out of accumulation zone, price did find support @ trendlines intersection and psichological level 0.00075.
Low volumes like in the past might suggest local low!
Next targets:
- ATH
- Psychological level @ 0.003 approx coinciding with median increase during speculative bubbles
Trade safely
LINKUSDT (Channel Breakout in 1 Day Chart)LINK/USDT currently trading at $15.30
LONG Entry-level: $14.75 to 15.50
STOP LOSS: $13.75
Resistance level 1( Target): $17.75
Resistance level 2 (Targe ): $20.00
Resistance level 3 (Target ): $25.00
We can expect a big move after $20 resistance Breakout
Max Leverage: 5X
Risk reward ratio 1:3
ALWAYS KEEP STOP LOSS...
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LINK Domination ProjectionHere we can see that LINK is in nice upwards parallel channel for a long time. My prediction is that it will get to 6-10% mcap at the next peak.
Why I added LINK LINKUSDPurely based on technicals and the aggressive MACD cross that can be seen on the weekly timeframe i added some LINK
A cup and handle can also be seen to be forming with the formation of a cup present.
KEY RESISTANCE AHEADI want to see the price reclaim and close above this blue area, in that case I will be looking for the objectives in chart.
LONGLink trigger my condition for a long shared yesterday, daily candle closing above the key pivotal area as asked, currently looking for those objectives in chart
POLKADOT TREND REVERSAL? NEW HIGH UNDERWAY!The reasons why im bullish on polkadot TA wise.
- Falling wedge with decreasing volume
- Bullish 1D rsi
-bullish market structure break with printing a new high
Targets on the chart.
stoploss close under purple
$LINK / $BTC Approaching Resistance from 11/7 & 11/10Let's see if we can cross this resistance and send $LINK
Chainlike trading IdeaHello Traders,
Chainlink has broken out an important downtrend line and is accumulating above to try higher levels.
We recommend opening a long position as soon as it breaks this accumulation with its stops below the last bottom.
For more analysis like this push the like button and follow us on Tradingview.
WEEKLY TREND STILL INTACTWeekly parabola still holding, imo lows are already in and price is getting ready to expand upwards
Comparaison between second Bitcoin ATH and ChainLink ATHWe already seen $LINK reaching his previous ATH, here is what happened then ! The only good reference.
1. First, Bypassed prev ATH by ~6%
2. Followed with a dump of ~27%
From the new ATH we got a dump of ~33%
Nothing says it can happen also with $BTC, but a pullback of 30-40% is healthy for bitcoin.
