Linkethereum
LINKETH Is Moving Up
Welcome back Traders, Investors, and Community!
Hi Traders, LINKETH on D TF has broken above the Resistance, has done the retest already, soon should go higher
⬆️Buy now or Buy at 0.0082
⭕️SL @ 0.0075
✅TP1 @ 0.00986
✅TP2 @ 0.01185
✅TP3 @ 0.0149
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Have a Profitable Day
Potential Spring Cleaning for LINK?!?In my opinion $LINK/ $ETH pair is forming an ascending triangle (bullish), potential bottoms-up pattern from early January. Is $LINK coming for a spring cleaning? !Resistances lines from Red to Green. A break out above the Green line should be back above our moving averages and turn our biased for LINK against ETH bullish.
Top light blue line - 200 Day MA
Lower blue ling - 314 Day MA
(not financial advice, DYOR)
LINK BULL TRAIN REVVING IT'S ENGINE !!Can LINK ride the bull market touching ATH by June-August?
If LINK reaches trend consolidation area do you think it will brake free creating new ATH or do you think it will get near and reverse?
Lmk in comment section your thoughts and opinions also don't forget to hit that like button.
Happy trading everyone :)
Disclamer; I am not a financial advisor so please apply with caution.
LINKETH formed a cypher | Upto 23% expectedPriceline of Chainlink / Ethereum cryptocurrency has formed a bullish cypher and entered in potential reversal zone.
But MACD and Stochastic are still strong bearish therefore I will would suggest to wait for weak bearish signals from MACD or bull cross from stochastic for secure trade otherwise the leg can move more down to form a shark pattern.
I have defined targets using Fibonacci sequence:
Buy between: 0.01098500 to 0.01032429
Sell between: 0.01150778 to 0.01275943
Regards,
Atif Akbar (moon333)
LINK/BTC 1W - Fibonacci RoadmapJust using two Fib retracement and extension grids, all of the key S / R levels are neatly exposed.
Could a weekly close above 2.618 imply further upwards movement? Or will the retrace continue?
Also interesting to see an essentially non-decreasing OBV and high up above LINK's long term (mean reversion) trendline.
Should be interesting to watch.
There is a probability of resuming the uptrend in LINKETHTechnical analysis:
. ChainLink/Ethereum is in an uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 62.
. While the price uptrend in the Daily chart is not broken, bullish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00123000 to 0.00103000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00123000)
Ending of entry zone (0.00103000)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00142900
TP2= @ 0.00167600
TP3= @ 0.00207500
TP4= Free
There is a probability of resuming the uptrend in LINKETHTechnical analysis:
. ChainLink/Ethereum is in an uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 62.
. While the price uptrend in the Daily chart is not broken, bullish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00123000 to 0.00103000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00123000)
Ending of entry zone (0.00103000)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00142900
TP2= @ 0.00167600
TP3= @ 0.00207500
TP4= Free