LINK/BTC PredictionRepost. I think .0025 - .003 Link/btc is entirely possible by the EOY. If BTC is at 80-100k usd, LINK would be somewhere between 200-300.
LINKBTC trade ideas
About To Move ,Keep An Eye❕ ABC Correction Completed Also Sitting Above The Descending Channel ,LINK About To Move ,Keep An Eye
✅ Tp 1 : 62000 (19%)
✅ Tp 2 : 73000 (40%)
✅ Tp 3 : 89000 (70%)
🔴 Stop loss zone : 45000 ~ 44000
Long Link/BTCIf BTC is at a modest 80k, and the Link/btc ratio hits .0025 we would have a $200 link. Reasonable.
LINKBTC is testing the daily support 🦐The price is inside a descending channel on the daily timeframe and it's testing the support. We can see a deeper retracement until the weekly trendline. IF the price will have a breakout from the descending channel or a reversal behaviour from the weekly trendline, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
LINKBTC setting to launch?Here is my trading idea of link/btc pair. There are some trendlines that I just follow, and some important fib levels marked, dont pay attention to it. I am looking at potential symetrical triangle break-out. Price target would depend on where we are actually going to break out.
Share your thoughts!
GEM 💎LINK is going to break dynamic trend and touch first dynamic resistance like past ,,,
tell me if you see any ALTCOIN in 3 years of up-trend in BTC pair!!!
#DYOR
LINK to 0.005 btcAt the end of 2016, bitcoin was making ATH while ETHBTC was massively down, subsequently ETH went 10x against bitcoin and way more against the USD.
I believe this same pattern is playing out with LINKBTC, BTC made new ATH piercing 20k and the LINKBTC ratio shit the bed. I believe however that just like with ETH in 2016-17 this was and is a massive buying opportunity. I have been invested in link since less then a dollar, and I know this sounds crazy from 'just' $30 but I believe link has a good chance of reaching a $1000 valuation within the next two years.
I know many people believe that it is possible for Bitcoin to go to 200k a coin this market cycle, if LINK reaches 0.005 btc just 180% up from it's previous ATH LINKBTC ratio then LINK at $1000 USD doesn't seem so crazy.
Of course it is a moving target as USD today and USD a few years from now are vastly different due to massive money printing. However comparing bitcoin to real assets like precious metals, houses, stocks (?), land, guns and ammo, women and then comparing bitcoin to link will allow us to see if LINK can make a real gain. Right now a LINK token is around the price it costs to buy a ounce of silver + physical premium.
Only the free market will, in time elucidate the true value of a link token. Perhaps it will fail and go to zero and that is why we diversify in different assets to protect ourselves. However though both technical and mostly fundamental research and analysis I believe that LINK is a massive speculative opportunity to essentially profit from the 'great reset'.
Best of luck everybody, I hope this helps somebody make a profit.
LINKThis is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here personal message, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
If u like the analysis, please feel free to ask any question about this TA or crypto or any coin and also leave a comment or like or share the idea, i really appreciate it because then my work makes sense :) thanks!
LINKBTC now vs BTCUSD 2019Pattern on LINKBTC fractal was accurate, but the scale has become very different
Link vs btcLinkbtc seems to be printing a head and shoulder pattern sponsored by decreasing volumes. Also i catch a bearish divergence that put my target down below making a new higher high. Thst means link could reach $19 área.
LINK new target: 70k SATsHey Guys, Link just reversed its negative trend short-term. We are about to face 70k SATs. Trade with care!
This is not financial advice.
Chinlink completed Gartley pattern for up to 62.5% moveHi dear friends, hope you are well, and welcome to the new update on Chainlink.
On the daily time frame chart, the priceline of Link with Bitcoin pair has completed the final leg of the bullish Gartley and after hitting the spike in the potential reversal zone moved up, we can expect that it will give us another chance to catch it from the buying zone.
this trade has a huge profit possibility up to 62.5%, and the loss possibility is 15%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with traded
Chainlink — 3 Weeks Away From Emptying Dev Team WalletThere is approximately 4 Million LINK left on 1 of 6 publicly known Chainlink team wallets:
0xf37c348b7d19b17b29cd5cfa64cfa48e2d6eb8db
Four days ago, 1.5 Million LINK were transferred out. One week before that other 1.5 Million. And two weeks before that too. To put it simply, we’re 3 weeks away from emptying this wallet.
Ok but, what does that mean?
Token Distribution
Let’s begin to remember how the tokens have been distributed.
There is a maximum supply of 1 Billion tokens. This is the total number of LINK that will be ever created. This is still far from being the number of LINK in the circulating supply. As of today, there is only 408.5 Million LINK of circulating supply. That’s only~40.85% of the maximum supply.
On its ICO, this was how LINK was distributed:
35% to Node Operators
35% to the Public Token Sale
30% to the Company
So, 300 Millions LINK go to the company, in 6 publicly known Chainlink wallets with 50 Million LINK each (in 2017).
Those are the wallet addresses with the current LINK balance (obviously some with less than 50 Million now):
1. 0xf37c348b7d19b17b29cd5cfa64cfa48e2d6eb8db (4.09 Million)
2. 0xe0362f7445e3203a496f6f8b3d51cbb413b69be2 (50 Million)
3. 0x75398564ce69b7498da10a11ab06fd8ff549001c (50 Million)
4. 0x5560d001f977df5e49ead7ab0bdd437c4ee3a99e (50 Million)
5. 0xdad22a85ef8310ef582b70e4051e543f3153e11f (37.4 Million)
6. 0xbe6977e08d4479c0a6777539ae0e8fa27be4e9d6 (50 Million)
NB. For the sake of readability I’ve numbered the wallet addresses.
So the circulating supply has been increasing since 2017 with transactions mostly from Chainlink’s Team wallets 1 and 5 to other wallets (e.g. exchanges). Other wallets have stayed untouched with 50 Million each (vertical line in black). The last transaction out of the wallet 5 occurred August 2019 (vertical line in blue) and to this day it has 37.4 Million LINK. The wallet 1 has been the more active and has still 4.09 Million LINK (vertical line in orange) and if we keep the same rate of the previous weeks, we’re 3 weeks away from emptying this wallet (dotted vertical line in orange).
They have been selling from Wallet 1 in 1 week intervals (Fridays). There are 2 to 3 transactions of half a million LINK each in one day and again 1 week after that, at least for the past few weeks. So after the wallet is emptied, the longer it gets without them moving LINK from one of the their wallets, the more significant the case for price going up (i.e. reducing supply).
I'm expecting Wallet 1 to be emptied on March 12th but they could just sell all of the remaining LINK sooner on any Friday. So watch out for the following days:
February 26 (They could move everything left in one go here)
March 5 (…or here)
March 12 (if same frequency is kept, that would be the date)
Who knows what will happen?
Let’s entertain the idea for a moment that they do stop selling for some time. This is one of those cases, where the why they would do that becomes less important than for how long. Wouldn’t you say that 50 Million+ LINK would be enough to support the development of the Chainlink protocol for some time? We’re most probably 3 weeks away from emptying the wallet, and 4 weeks away to find out what comes next. And if this happens, it helps the case for upward movement.
Crypto|LINK/BTC|LongLong LINK/BTC
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea occurs at the prices behind the activation zone.
The idea is to work out the resistance level .
* Possible closing of a trade before reaching the take/stop zone. The author can close the deal for subjective reasons, this does not completely cancel the idea and is not a call to the same action, you can continue working out the idea according to your data, but without the support of the author.
+ Maybe right now we will go even lower, then it's okay, the idea is not activated and simply canceled.
+ ! - zone highlighted by the ellipse is a zone of increased resistance, in this area there is a possible reversal for a correction, please take this factor into account in this transaction.
The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date and time of the transaction, only %.
Blue zones - activation zones.
Green zones - take zones.
The red zone - stop zone.
Working out the stop when the price returns to the level after activation + fixing in the red zone.
Orange arrow - the direction of take.
Blue arrow - neutral scenario without activating the trade.
The red arrow - the direction of the stop.
SUM PNL: This parameter displays the total % of all closed ideas of the "new" format (according to the author) for this sector at the time of publication of the idea. The calculation is very "clumsy" just the sum of the profits of all the ideas, based on this indicator, you can more accurately assess the risks when working with my ideas of this sector. I present you the construction of the idea, you can use it yourself as you like based on your subjective view and risks, the calculation of the PNL indicator is carried out only on transactions that the author closed on TV in manual mode or by take.
P.S Please use RM (risk management) and MM (money management) if you decide to use my ideas, there will always be unprofitable ideas, this will definitely happen, the goal of the system is that there will be more profitable ideas at a distance.
history repeats, consolidate and move on upovertime we will create a similar exponential trend, after consolidation. short term bearish, long term vahala
Link/BTC should go up hereassuming that bitcoin is gonna consolidate and go sideways for a little while, I think Link is going to want to go up.
Bullish divergence on the 4 hour, and we have the potential to fakeout the impending death cross, trapping shorts who tried to front run the signal.
