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NEWYEARS
IS LINK PROCESSING A CHAIN REACTION ???Happy New Years! fellow traders.
Today we consider the trading pair, LINK/USD
From the chart above we can see LINK price is in an ascending channel, tho not the most parallel one to the eye, but it fits.
Taking a look at our RSI, each time value entered the oversold region, a bounce occured right away, also aligning with price returning back to channel support and bouncing as well on each correction wave.
Currently in it's wave 4 correction wave, Price seems to have bottomed out, tho currently below channel support!!!
Should price fail to close a candle inside the channel, Downside is $13-$10.
However, if we do succesfully reclaim the channel, which i think we will, we will most likely see $200 Link, earlier than anticipated as well.
If you agree with this idea pls leave a like as well as your thoughts in the comments section.
As always, feedback is appreciated.
Happy New Year Traders! Set Goals Here!Thanks for all your support and your valuable interaction in 2021. We hope for a lot many fruitful interactions in 2022. Happy new year!
May the new year be only about prosperity and profit! You work very hard and deserve all the best. Can’t wait to see you on the Forbes cover. As soon as possible!
This is the beginning, of anything you want.
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Comment below what your goals are for 2022!
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Will chailink follow the ball drop to start the new year!?!So not only does chainlink look ugly on the Daily, it also is forming a head and shoulder scenario. Will chainlink count us down into the new year? Personally I think it's looking that way. $26-$28 is our high before the countdown begins. Just an observation not financial advise.
BTCUSD forecast for 2022Happy new year traders!
Here's my brief technical take on bitcoin. Bitcoin managed to close the week above 50k. While this physiological level gives comfort, the real resistance is at the weekly 51,791 and we are below that level.
hopefully in 2022 what we hope will actually happen.
As always trade safe.
Holiday Consolidation RangeWe are close to Christmas weekend, markets are trading in a sideways range. EurJpy seems to be at the higher end of the range, we are looking to target shorts to the bottom end of the range around 128.800. Something to look out for during these times are random volatile spikes in price, make sure stops are well placed because the market will spike up or down to catch pending market orders.
Mr. West Daily notes Report no. 5Trending Up: AESE, MICT, DENN, NNDM, HERO, REKR, ZNGA, UA, BOTZ, SAVE, SNE, MVIS, GE, ABNB
Trending Down: DASH, JBLU, JETS, CAN, PBI, CRON, ACB, NKLA
Consolidation: NCLH, ROKT, NIO
Todays notes will be a refection on the market over the holiday break. Based on this morning, the market has displayed majority of companies increasing towards an up trend. The list that I follow consist of 25 stocks. 23 companies and 3 ETFs. The month of December has shown strong signs of up trends among many companies such as AESE, DENN, and MVIS which has recorded a high for the year.
On the down trend, many airlines have shown signs of decreasing in share price. Since the economy is still effected by COVID-19 and the increase of cases during the holidays, a lot of travelers were not making that trip during the holiday season.
LONG - ELF - Trading OpportunityDouble bottom Adam & Eve pattern on BINANCE:ELFBTC with accumulation showing on the RSI, looking like an impending breakout is coming.
Entry: 0.00000713
Target 1: 0.00000769
Target 2: 0.00000839
SL: 0.00000683
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Happy New Year and Do not get Rekted!Hello dear friends and traders.
I hope you weren't rekted this year!
In 2018: Speaking in terms of investing and trading, we went through a lot, I am convinced that the most difficult thing for crypto is over and 2019 will pass under phase of recovery. I hope the lessons that the market has taught us in 2018 will not be forgotten, and at the new stage of the market you will be able to confidently accumulate profits.
Expectations for 2019: It is likely that from January to March there will be some kind of flat and we will test $ 4400-5600, after which we will move into the accumulation phase between the levels of $1900-3200. I save the probability (up to 10%) of a fast wick in the level of $1200 and a quick recovery in the zone of $1900- $3200 After the accumulation phase, a new rally will come and chances to test levels above $8000 will be high.
How to make money in 2019: Average your entry from different levels and correctly spend capital as you reach the levels. Turn on additional assistants - bots will help with additional profit, and signals will help to know about the direction of the market. Remember the market cycles and use the RSI indicator for long-term planning.
And the most important moment in the New Year - I wish you to pay attention to controlling your emotions during trading, which will help you accumulate profits in any conditions.
Happy New Year and Merry Christmas to all!
Best regards,
Founder of Blackstone Signals
Artem Shevelev
#Bitcoin #About time! #BITCOINNEWYEARS ????Well look what we have here, the hourly chart. Seems like this pattern is a New Years theme. Let's hope it is so for the beloved Bitcoin as well. Never know!!! Bitcoin about to do Bitcoin things for the New Years. Its seems to be shaping up for it. Let's wait and see... For those that cannot, I am taking a position here at the yellow triangle breakout up to the 1st target. I think we get it. Market sentiment is very fearful and the first site of any Red is doom. It is not. We are here now. Happy New year. Bitcoin will take the spotlight soon!!! Trade safe and Happy New Year!!! Go Bitcoin! xxwhitevaderxx
₿Itcoin $27,000 plus by January 1st (₿Itcoin New Years Party)This is not a call or idea, BUT
If you follow me on twitter you know I like to celebrate ₿Itcoin milestones, I believe we will look back at this time in wonder on why we were so stressed, just posting this to say I am already planning my $25,000 per ₿Itcoin celebration for new years. :) I like to enjoy this life so I suggest you do to.
Dec 31st prediction ETH/USD range: 410–660 USD, average: 550 USDWith confidence, based on various parallel channel analysis based on current and past trend overlap, I see the price of ETH on December 31st falling between 410–660 USD. This leads to a numerical middle average of 535 USD, but convergence of the tend line and the top of the long channel suggests a strong case for the price at around 550 USD.