Get started

Linkbtclong

CHAINLINK BUY AND SELL ZONES!!So everyone knows about chainlink buy now unless your living under a rock, but if so thats ok, heres some quick and easy buy and sell zones to keep an eye on. everytime the RSI is over sold it tends to be a great buy time or DCA (dollar cost averaging) in. also around the bottoms before next run MACD seems to be a little laggy but histogram is right on. The same goes for the over bought on the RSI tends to be a great time to sell. be good time to probaby scoop up a little on this now if you wanted. it wouldnt hurt.
Long
by Crypto_Gardener
LINK/BTC: Imminent Breakout Analysis - 1D, 1HIn this post, I'll be providing an analysis on Chainlink (LINK), shedding light on its daily and hourly chart through technical analysis. Daily Chart Analysis - To begin with, the daily chart is on the left, and the hourly on the right - The daily chart demonstrates that prices are trading within a descending channel, forming lower highs and lower lows - The Relative Strength Index (RSI) is at neutral levels, showing signs of a potential breakout - The Moving Average Convergence Divergence (MACD) is forming a potential death cross, but has not provided confirmation yet - We can interpret the current setup as a consolidation phase of a bullish flag pattern - Should we see prices break through the upper channel resistance, we could potentially expect another leg up to 0.002btc Hourly Chart Analysis - Zooming in on the hourly, we see clearer signs of bullishness - Prices are forming an ascending triangle pattern, in which the tops of the pattern are rejected at 0.000894 btc levels, while higher lows are formed - The RSI is also in an uptrend, forming higher lows as a sign of momentum building up - Based on the ascending triangle pattern, we can count Elliott triangle waves (ABCDE) - This wave count shows that a breakout through the triangle pattern is very imminent - The 100 Simple Moving Average (SMA) on the hourly chart is a good reference of support/resistance zones. You can check out my other analysis on Waves (WAVES) which had a very similar setup: an ascending triangle within a descending parallel channel. Conclusion Chainlink seems like it's headed to retest previous highs as indicators and bullish pattern setups demonstrate potentiality for a breakout. However as always, don't predict the market. Take it by levels, and play by probabilities. If you like this analysis, please make sure to like the post, and follow for more quality content! I would also appreciate it if you could leave a comment below with some original insight.
Long
by Michael_Wang_Official
2
Link in Ascending Triangle! 20% Profit.LINKUSD - Short Term We are looking to buy at the uptrend line or buy the breakout. Trade will be canceled if the uptrend line get's broken. Our outlook is bullish. We are trading within a Bullish Ascending Triangle formation. A break of 11.230 is needed to confirm follow through bullish momentum. The bias is to break to the upside. Our profit targets will be 11.860 and 12.458 20 and 50 EMA uptrend is active. Resistance : 10.800 / 11.230 / 11.850 Support: 10.500 / 10.100 / 9.905 Signal Centre
KRAKEN:LINKUSDLong
by Signal_Centre1
5
LINK.BTC (Y20.P4.E3).TA on the Macro structureHi All, Based on the RSI and MACD formations, in my opinion, the following is likely to happen against BTC. As for BTC I see a short term bounce to 10600 which aligns with this. Note: AB=CD played out perfectly in both BTC and USDT charts. LINK.BTC 2 HRLY chart ================================================== 4 HRLY chart: ================================================== DAILY chart ================================================== Looking for the MACD to cross over however its a slow indicator. LINK.USDT Please give me a like or tick for this effort. Cheers, S.Sari
Long
by ssari
3
LINK.BTC (Y20.P4.E2).Fractal and compound strategyHi All, It is times like this (things are bullish), I search for opportunities. That 5% here and there can be compounded to make much more gains down the track. I tend to use the total BTC equivalent as a measure to how I'm trading, especially in an uptrend. Down trend, I tend to look at the USD value to ensure I'm limiting my losses. Anyway, here is one of those opportunities I have already acted upon. Late last night, I flipped 1/2 of my LINK to BTC as I saw bearish signs at the micro level. I will use the same BTC to buy back when I feel the time is right. Hence I will have more LINK and based on this chart, more BTC equivalent. As for the 4 hrly chart, we can observe the following: > the indicators support the fractal, from the 21\34 ema, fib level and formation\structure; > the macd fractal will confirm it, and using the KDJ, will get an earlier signal as the MACD is lagging more so; Link structure overview: Parabolic structure in tact and using fibs, target levels are clear Close up view Daily chart, candle sticks are weaker so far in this fractal area Please give me a like or tick for this post Regards, S.Sari
Long
by ssari
1
LINK/USD Remarkable Weekend Rally Hits Pause Under The 100 SMA Chainlink recovers from levels under $10 but the falling wedge pattern breakout stalls under the 100 SMA. LINK/USD mission to scale the levels to $20 still intact as bulls look forward to capitalizing on the break above the 100 SMA and $14. The $4.4 billion decentralized finance price live feed protocol has posted a relief rally following a devastating fall last week. Chainlink failed to retest the yearly highs at $20 in August. Attempts to sustain the uptrend saw LINK hit barriers at $16 and $18 respectively. On the downside, support was confirmed severally at $13. However, the bearish wave encountered forced the fifth-largest cryptocurrency slightly below the critical $10 level. Amid the drop, Chainlink formed a falling wedge pattern. This pattern is very common in technical analysis. Traders are able to anticipate a change of the trend and prepare accordingly to capitalize on the upswing of the price. A falling wedge usually signals the end of a downswing and the beginning of an uptrend. Note that this pattern cannot be utilized on its own; it must be supported by other indicators like the Relative Strength Index (RSI) and the volume indicator. At the time of writing, LINK is trading at $12.79 after stepping above the initial support at $10 and the falling wedge resistance. Marginally above the prevailing price, LINK is facing acute resistance from the 100 SMA in the 4-hour range. Looking at the RSI, Chainlink seems to have stalled and is currently favoring a sideways trading action. The leveling motion at the midline favors consolidation in the near term. However, the uptrend mission is far from over. In fact, bulls have no plan to abandon their push for gains above $20. Meanwhile, gains above the 100 SMA would place LINK above the resistance at $14. This move would most likely encourage more buyers to join the market in anticipation of more upside price action and the opportunity to sell at a higher level, preferably $18 or $20. Chainlink Intraday Levels Spot rate: $12.82 Relative change: -0.05 Percentage change: 0.35% Trend: Sideways bias Volatility: Expanding
COINBASE:LINKUSDLong
by CoinGape
1
LINKThe trend is your friend, the trend is your friend, the trend is your friend. say it with me! At least I hope so. Listen, I think we are in a bull market. This is likely a healthy correction. Chainlink has a good fundamental case use unlike some shitcoins out there. Furthermore the correction is likely because of cautious (smart) people having stop losses in place. Lets soak up some of that money at the lower bids and carry the F on! I can't see how we would go below 12 bucks again but hey what the hell do I know...just a guy playing with lines on a chart! The Content is for informational and entertainment purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. This is not financial advice nor am I a financial adviser. :)
BINANCE:LINKUSD
by RozeRoze
1
LINK.BTC (Y20.P3.E4).Rare Gems and the Parbolic Curve PatternHi All, **** This is a continuation of the previous post > LINK-BTC-Y20-P3-E3-TA-on-the-Macro-structure, link below **** As I am still a junior in this field, I have however learnt something new this week and today to confirm something that just dawned on me, the Parabolic curve pattern. FYI. I was trying to work out when to sell. Help me if you can? I don't know much about it besides what I have seen recently on google to know this is it and that it is likely to have 4 base levels. The issue I have is working out the target. Some time back (post below) I got the Editor's Picks of the week (and will feature on the page www.tradingview.com). 1st time. What I didn't know was actually doing a good job at getting the target right (I think, maybe more). If I had know about this pattern I would have traded it much more successful. I'm sharing this for others to benefit and to share the thrill of getting things right. Now if any of you know where I can find out more details about this topic, I would much appreciate it. For now, I saw a video that stated that the selling point is equal to the Base of (3) x 2.16 If this is correct, then we have 2.16 x 0.00016004 = 0.00034568 and that the Base of (3) x 0.79 with give the base of (4) = 0.0002865 Cheers, S.Sari PREVIOUS POST that came to work out OK.
Long
by ssari
11