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LINK - Once A Castle; Always A Castle!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on Weekly: Left Chart After being stuck inside a range for more than a year between 5.0 and 10.0 round numbers, LINK finally broke above the range / accumulation phase. Now we are expecting the MarkUp to push higher till the 18.0 resistance. on H4: Right Chart The bulls would remain in control from a medium-term perspective, unless the last low in red at 10.5 is broken downward. In this case, a movement till the 9.0 - 10.0 support zone would be expected where we will be looking for trend-following buy setups. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
IBM update Not every organisation has the same appetite to adopt new technologies, which may hold them back, according to Visvanathan. “IBM recognises that people have legacy. The answer is not about pushing new technology down their throat,” he says. “The reason we bought Red Hat is to give customers choice, to wrap an architecture around legacy IT,” he adds. In IBM’s vision of this architecture, “it only needs to be built once and can be deployed anywhere, across multiple cloud environments”. It used to be the case that people could be sure they would not get fired for buying from IBM – but IBM is no longer the only option for IT leaders looking to build a secure and resilient IT architecture. There are a number of IT suppliers associated with a culture of innovation, and these are often used to stimulate innovation in IT departments.
ILong
by trucenpyte
What will GOLD do? how about BTC?Another idea that might play out. On the short run, both gold and btc went down and reached some support levels. At this point it could go either up or down, but i would lean more towards up. Here is why: 1. The COVID situation is not over and we should expect wave 2 of infections. 2. During this time money will be secured in assets : GOLD is the most preferred one by big players in the market (companies) 3. The daily chart is forming a possible Inverted Head and Shoulders pattern that could sustain this idea. Resistance levels: 1. 1790 2. 1905 ish For the moment i will wait for more data that will confirm this. If this moves, we can see BTC move up as well, with a first stop at 10400 area. OANDA:XAUUSD
OANDA:XAUUSDLong
by teodorDrobota
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