The rest of the market will logically follow Bitcoin. Consider this a general alt short signal. ETH, LINK, LTC, BCH - short it. Stay tuned.
LINK is too weak as for me - filling shorts from now. Hope this ETF hype will bring good entry averages. Futures position, spot chart just smells delicious Stay tuned, folks.
Hey Traders, With most of the crypto pairs, price is making correction on this crypto pair too. Expecting price to drop down to 7.00 region from bullish rebound may occur until then. Keep selling with accurate risk management. Good Luck and Trade Safe.
12h time frame - LINK just broke the rising flag/wedge recently, this is a sign of turning weak. Retesting the flag bottom will be an entry to open short in future. Low-risk method is to find the top structure in lower time frame if LINK go to retest the flag. With this trading plan, we can have target at structural support around 7.9, deeper is 5.8. - TP: 7.9 /...
The coin has developed a promising "Triple Top Pattern" and is poised for a confirmed breakdown around the neckline area. Upon observing this breakdown, there is potential for considering a short position.
Clearly Link has tested that area of resistance, after failing to break it and stay above it multiple times. RSI is showing a possible reversal, and MACD has also started showing sell conditions. Possibly looking at a retracement to the 200 day SMA before retesting resistance? Please give me feedback and tell me how I am wrong or if I'm missing something obvious....
1h / 1D time frame - On the left chart, LINK get rejection from the resistance zone(10.7~12.3), and I think there is a possibility to create a Head and Shoulders structure. On the right chart, top 9.45 and bottom 5.45 are a box range. LINK has already broke above the top resistance at 9.45 and start consolidating. This is might be a liquidation hunting, once...
12h time frame - On the basis of our BTC analysis, market need a dump to correct price and liquidate long as much as possible before bull. Also, we can see LINK has strong trend recently, it broke above that box range and goes into the resistance zone from 10.7~12.2, which is good to set short trading plan. Target is 0.4~5.7, this is also the sweet price to buy spot.
I will try to be short and clear about LINK. The coin already 468 days in the range. I highlited all very important levels on the chart: Red lines - strong resistance levels, all are Monthly FVGs Green lines - strong support levels also all are Monthly FVGs. Line no 1 - the coin will dump until 5.1$ level, will bounce, test the 5.8$ level and will continue...
Hi, hope you are doing well. Double top along with bearish divergence has been formed, a sell stop has been placed below neckline, hopefully it will be play well, don't forget to move SL to entry after tp1. Cheers.
BINANCE:LINKUSDT LINK USDT Failing Wedge Pattern in 4 Hr TF. Sell Stop Order Placed. SL 8.036 Level.
LINKUSDT heading for weekly resistance marked as WR1 on the chart. The price is likely to be pushed back by this resistance.
An ascending channel turns up. An ascending channel describes a compelling pattern that is angled up that typically indicates a temporary interruption during a rising market in case if price breaks out to the the downside. There is a probability of extra downside towards 6.8.
LINKUSDT analysis 15m: opportunity to sell X5 opportunity to sell. Follow, like, and or request symbol analysis. Observe the money management and the stop loss.
Bear trend , waiting for BOS and open short , follow the risk management and don't forget to put stop loss
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Link is showing resistance on FIb 0.23 level. We can take a short position after the bearish candle is formed.
Just my opinion, LINKUSDT will still go down. I was entry short at range 6.86 - 7.23, with Stoploss at 7.75 I Have 4 target on my short, TP1 = 5.64 TP2 = 4.45 TP3 = 3.60 TP4 = 2.52