Linkbtcshort
LINK making rising wedge patternLINK is making higher highs and higher lows after being rejected from a weekly support level, making a rising wedge pattern.
Usually, Rising wedge pattern indicates a bear movement.
But here in this chart as you can see, the candles in between the two trend lines are respecting the support and resistance of trend lines.
Link is right now at a very crucial stage, as it is below the daily resistance level. It has to break the daily level in order to continue the rising wedge pattern.
Volume as I mentioned in the chart, is decreasing but the movement is upward rising, indication a VOLUME DIVERGENCE. (Bearish Move ahead).
Volume has to increase in order to break the daily level.
82239 is the daily resistance level, it must be broken then next move would be to test the resistance at 85036.
If you want to long, wait for candle to form above daily level, then move could become bullish up to 85036.
I have described both the situations. Now it's up to you to decide.
I don't create FOMO's. I Just try to give you the clear picture so that trading decision becomes easy for you.
I only make these charts for educational purposes. I am not earning anything, FREE TA.
Good Luck.
LINKBTC skyrocket will finally do correction??? after huge strong run LINKBTC hit 0,00092 level as ATH and started to retreat around 0,00074x area and gave strong reaction and again fueled up and reached 0,00084x area. According to the weekly chart our expectation is to do correction with the time till 0,0005 - 0,0006 area. Seems with the time it will touch to the support line.
Last 2 years Amazing LINK has to do correction - Short itLINK BTC amazing running continues for 1 year and almost made 10-15x against BTC cause of Google business support. Even during last month after BTC doomed to 3xxx level it dropped but recovered so quickly in one week. And topped around 0.00052x level. Many times tried to brake below 0.000500 level but was never able to brake it. I believe with the BTC correction before halving LINK will also visit uptrend support line around 0.00037xx - 0.00038xx . But first need to see 50k satoshi level is broken. From the daily picture I see OBO. May be I'm wrong but most possibly it looks like it. Its going apart from public investors, just robots are moving and simply they can draw any line. So lets short it with SL around 0.00053.
#Chainlink | Update LINK made a good rally in the previous month 135%
And we had expected this rise before it happened. You can see the idea below
The price has entered a correction period for about two weeks, and we expect this correction to end with the weekly candle closing and then continue rising
LINK/USD (Bullish setup: up to 40% profit?)LINK/USD
LINK is trading inside this symmetrical pattern which technical could break either direction
but since the price action is already trading above the 50M on the 4H time-frame.
This shows strength from the bulls that the short term momentum is starting to shift to the upside.
If LINK can hold the current price levels for the next 24-48 hours.
It has the chance to break bullish and reached up to 3.36 dollars.
The stop-loss would be below the previous low at 1.94 dollars.
LINK retracementIn this case double curve instrument would look better to show the direction, but since TradingView made it so uncomfortable to use, I'll just show the final destination with arrows. Why double curve? Because now price is at bounce zone which may take it back to 297. Maybe. Unless BTC will make a huge dump and push it down without bounce. Final destination for retracement is 280 and 273.
Again, if you are shorting, short from higher value at ~297-300.
LINK/USDT TA Update (Bullish Pennant?)LINK/USDT
LINK has set up a new Higher Low at 1.7 and currently testing the downward trend-line of this giant pennant triangle pattern.
If the LINK pulls back and retest key support area between 2.33 - 2.14 and holds it a couple of days.
There is likely a chance of breakout in the coming few weeks.
TRADINGVIEW GLITCH RESOLVED ?? HOPEFULLY -- CHAINLINK SHORThttps ://imgur.com/ gallery/ NWoHfMm
https: //imgur.com/gallery /95QLy0s
(Spaces in betwen both links; delete them in the web browser for access, otherwise TView won't let me post them)
FIRST AND FOREMOST....I feel it necessary to explain myself as to why the hell its been almost 2 weeks since I published anything; let me put my (small, but vocal & loyal followers whom I am very appreciative for =D) at ease & let you all know that what has happened needs no further explanation that the screenshots taken as revealed in the images posted on imjur today...
I posted this support ticket on TradingView Help Center on 12/21/19 & I'm not sure if the issue was resolved but it appears to be...I hope anyway.
The support ticket (both the one I had filed & the ones I had in the past going back several years) were all wiped clear..and the data analytics show a patch resolved a bug on 01/11/2019 so I hope that this puts this matter to bed. In short, I had two tradingview accounts (courtesy of IoS (which LOATHE AND DESPISE) ) as well as logging in via facebook/google/twitter or hand typing login/psasword in full juxtaposition with logging in solely with one method: using the login/password manually (which on my phone is no biggie..thanks to face ID & such) nor is it on my PC / laptop as I often find myself typing faster than I think so constantly put myself in a position where the expression "think before you speak" applies directly to the context in which I mistakingly (at times) forget to "think before I TYPE!"
The main issue I was having was that it created a duplicate account -- my publications, followers, rep were getting split into "atarabichi" and "a1mtarabichi" which was so damn frustrating as not only did it prevent me from posting any publications; but I could not access intraday trading timeframes...
Some of the lovely publications you missed (but not for lack of trying) in the past week alone: $EOS $DATA $BNB $ETH & my LORD did I want to post my $LEND & $TRX publication as that was a HUGE haul and it pissed me off that I could do nothing more than tweet " According to Financial News, the company was the fastest growing asset manager from 2000 until 2005 when it stopped accepting new accounts. [Its assets under management have increased by 25% each year during the 2001-2010 decade with employees at eleven times their year 2000 levels.
The company's Daily Observations research is reportedly read by leaders of central banks and managers of pension funds around the world.
In 2012 Dalio appeared on the annual Time 100 list of the 100 most influential people in the world. In 2011 and 2012 Bloomberg Markets listed him as one of the 50 Most Influential people. Institutional Investor's Alpha ranked him No. 2 on their 2012 Rich List.
It utilizes a global macro investing style based on economic trends such as inflation, currency exchange rates, and U.S. gross domestic product. Bridgewater Associates began as an institutional investment advisory service, graduated to institutional investing, and pioneered the risk parity investment approach in 1996.
I first discovered Dalio after finishing "The Making of an American Capitalist" a semi-autobiographical and strategic guide on Warren Buffet written by Roger Lowenstein -- another MUST READ recommendation; but unlike Lowenstein's book on Buffet...Dalio's semi-autobiographical investing guide, not dissimilar from the aforementioned one about Buffet, is more of a "Dos and Don'ts Rulebook for venture capitalists" and it was written by himself. It gives you a dive into the mind of one of the greatest entrepeneuers and investors to have ever existed int he history of mankind -- and you damn sure learn a lot from it!!
For those interested in Dalio's book...it's called "Principles: Life & Work published in 2017 Ray Dalio based on principles he had developed while running Bridgewater Associates.
WITH THAT BEING SAID: I'm praying this publication will post properly...and I could go on all day with this oped but I've said what I needed to say thus far and need to foucs (from hereon) moreso on quantity & less on quality (that's not to say I need to be one of those clowns posting 15 chart publications a day with an accuracy rate of about 40% and talking crap not knowing what the hell they're saying -- and they do so with absolute subborness & such confidence like "how the f could you possibly know?" but I digress.
I just felt it necessary ONCE AGAIN to distinguish that I will always practice this concept of being radically open minded; always be open to the idea that I am WRONG and my TA is clearly wrong as well. It's IMPOSSIBLE to account for all anomalies when it comes to investing, but with the 10 Crypto Commandments (it's on my Linkdeln page as well as my Twitter...I highly suggest you read it) and don't be one of those "TLDR" clowns who expects to get rich without doing any research whatsoever..
I live my life using the 7 P's to guide my version of success (in roder from most to least important) I suggest others do the same as this philosophy is foolproof, despite being different contingent on your personal preference/hobbies/goals/aspirations:
1) Prepare
2) Prioritize
3) Portfolio Management
4) Python 3.7 (cloud computing & data compressionn MOSTLY(
5) Promises (New Years Resolutions -- Promises made, Promises kept including taking care of my mind/body/health for what I call an "inner spiritual revolution" though that's a whole other oped/article for a whole other time/date
6) PRACTICE (Nothing worth having comes EASY -- BUILD the skills I need to have while BOLSTERING the ones I do have)
7) PLAY!! (BALANCE, R&R, RELAXATION..I learned the HARD WAY in 2019 that not having the right routine, which includes setting time aside for a hobby (reading a book, watching TV< working out, getting laid, clubbing, ANYTHING that helps you grow spiritually)
I got a little out of hand here so I'll update later... with that being said: We've got an inverted H&S ON CHAINLINK LINK BTC
Numbers, targets, STOP LOSS (red horizontal) and all the likes posted above.
[list [
[b ]Personally I"m shooting for TP 0.00028995 & setting stop @ 25064S.
Fairly bullish on this signal as evidenced by the inverted H&S posted in chart above
Cheers.
HAPPY BIRTHDAY TO MY BEST FRIEND & LITTLE BROTHER -- ADAM T. Love you bud!
TRADINGVIEW / STOCKTWITS / LINKDELN / TWITTER / IG / SC / BENZINGA / ETC..
Respectfully,
-@a1mTarabichi
LINK/BTC TA Update (Another Bull Rally?)LINK/BTC
LINK is potentially painting the same scenario of a bullish bounce last Sep when the price bounces back above the 200 Day MA and broke the trend-line resistance.
The market trend changes and completely sky-rocketed over 150% last time. Is LINK going to copy the same trend again? Well, technically is still possible if LINK will finish strong,
erasing this trend-line resistance. Challenging to retest the swing High at 35k sats area is the long shot for the bulls. I'm currently in favor of the Bulls as we can the 200MA is acting as dynamic support
and we have a nice RSI divergence to the upside. If you are playing a Long position, you can place your stop-loss below swing Low at 24k sats or just underneath 200MA.
Bull TrapWe saw a great run up from $0.20 but now everyone and their mom is balls deep in ChainL ink and thinking that's it's guaranteed to go to ten dollars. We just aren't seeing enough buyers coming in to make that happen, and with the crypto markets somewhat stagnant the ChainL ink bubble is primed to pop. Get out while you can folks.
LINKBTC Testing Resistance At the moment LINK on strong resistance area and rumors that swift partnership with LINK that's why link is pumping. If not confirmed by team then will dump badly and again will touch around 1.5$. also RSI and Stochastic are overbought on 1D and 2D chart. So guys be careful if we cross resistance area 21k Sats then take entry and target will 24k Sats. But its only 25 percent chance that we will cross resistance.