LINKBTC trade ideas
LINKBTCI want to bring your attention to #LINK and #LINKBTC pairs
If we look at LINKBTC chart, we can see that on 19 of June 2023, this pair found its bottom:
we can see nice bounce;
RSI is iversold and forming bullish divergences on Lower Timeframes;
Currently, we are having almost the same view:
LINKBTC came to the same low level, where it was last time before the bullish Run;
RSI on lower level;
we see nice bounce and previous W candle close;
Now the question is IF #LINK will make the same run? #LINKBTC looks like wants to run until the previous high level.
and, Personally expect to see the coin at around 33$ to reach old ATH levels.
LINK/BTC - Head and ShouldersHead and shoulders could be forming on LINK/BTC 5day. Measured move on this would put it up near all time highs likely beginning of next year.
Link could be a solid hold from here to the beginning of next year. May drop a bit more against BTC, but I think that would be an opportunity. Link may out pace Bitcoin to the upside during this next bull run.
$LINK BTCLINK is a difficult trade in crypto due to the velocity of PA and the rotation of liquidity to the highest risk sectors and higher speculative products in our market. The technicals here show a resistance at our B pivot of our bullish harmonic. We are trapped in a range also. Considering that we move to a lower level .0001410 -.0001032 it would be a setup that could not be ignored for taking a confident long entry. Do we get it? We will find out.
LINK firming up v BTC. Can it form a right shoulder?...Can it bust through the neckline with strength
All unknown of course
There are no guarantees in speculating
you have to be down with OPP
O = Opportunity , can you spot the opportunity
P = Possibility --- what are the possible outcomes
P = Probabilities *** what percent chance do you assign to that possibility
Easy right ? ;)
But at least spotting things early can help you get positioned before things start moving to fast
That is the key y
You want to be positioned before the move right .. sounds obvious
aka don't chase
So let's see in Chainlink start over performing v BTC again
It did 2.4X v once already ..
#LINK/BTC 1D (Binance) inverted Head & Shoulders break & retestChainLink is pulling back to neckline support, seems likely to bounce and resume bullish here.
⚡️⚡️ #LINK/BTC ⚡️⚡️
Exchanges: Binance
Signal Type: Regular (Long)
Amount: 9.2%
Current Price:
0.0003923
Entry Targets:
1) 0.0003914
Take-Profit Targets:
1) 0.0004974
Stop Targets:
1) 0.0003490
Published By: @Zblaba
CRYPTOCAP:LINK BINANCE:LINKBTC #ChainLink #DeFi #Oracle chain.link
Risk/Reward= 1:2.5
Expected Profit= +27.1%
Possible Loss= -10.8%
Estimated Gaintime= 1-2 months
LINK is simmering - building up for LongI think Link is about to explode again. It could lead to a potential 50% gain (BTC). That match up well with how the BTC/USD chart looks like.
One idea could be to zoom in on lower timeframe and find a entry with tight stop loss. If we se a explosion, you should be in a good position for a big gain opportunity.
The Third Wave!Hello investors,
In the realm of Elliott Wave Theory, the third wave is often the most pronounced and significant, marking a robust move that aligns with the primary market trend.
This phase comes after a period of consolidation in the second wave and is critical for traders, as it often yields considerable returns, with a need for careful trading navigation.
Observing BINANCE:LINKBTC chart on a weekly scale, which is ideal for long-term investment analysis, a noticeable pattern emerges: a cycle that repeats approximately every 149 weeks.
This pattern suggests that BINANCE:LINKBTC could be gearing up to enter a new third wave.
Entry Strategy:
Consider initiating a position when the price reaches the ascending green trend line, which confirms the continuation of the uptrend.
To manage risk effectively, place a stop loss slightly below the trend line.
This will help safeguard your investment from any sudden shifts in market direction.
----------------
NFA
DYOR
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Best of luck!
Expect LINKBTC bullish continuation post-correctionThis suggests that, following a period of adjustment or retracement, the price of Chainlink (LINK) relative to Bitcoin (BTC) is likely to resume its upward movement.
I'd love to hear your thoughts on this as well. What's your perspective on the potential for a bullish continuation in the LINKBTC pair post-correction?
$LINK/#BTC [#Chainlink]: BBand_Breakout Resistance_Breakout_Conf◳◱ Hey traders, we've identified bullish signals on the $LINK / $BTC chart through the detection of both a Bollinger Band breakout and a Resistance Breakout. The Bollinger Band indicates a potential bullish trend as the price has moved outside of the upper band, while the Resistance Breakout confirms this trend by showing the price breaking above a key resistance level. Given the alignment of these signals, it may be a good idea to consider entering a long position and targeting higher levels. Our analysis indicates that the key resistance levels are at 0.0003392 | 0.0003658 | 0.0004131 and the major support zones are at 0.0002919 | 0.0002712 | 0.0002239. However, it is important to also consider other factors such as overall market conditions and other technical indicators before making a trade decision.
◰◲ Technical Metrics :
▣ Current price: 0.0003319 ₿
▣ 24H Volume: 489.982 ₿
▣ 24H Price change: ⯅⯅ 8.998%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.0003392 | 0.0003658 | 0.0004131
◢ Support: 0.0002919 | 0.0002712 | 0.0002239
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◳◰ Market Sentiment Index :
▣ News sentiment score is 0.84 - Very Bullish ⯅⯅
▣ Twitter sentiment score is 0.53 - Bullish ⯅
▣ Reddit sentiment score is 0.68 - Bullish ⯅
▣ In-depth LINKBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
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✳️ Chainlink Bullish Since June (75% Target Mapped)No new lows since June... We have a perfect pattern of up, correction and then more up; which is a bullish pattern.
The correction for the June/July bullish breakout ends exactly above the 0.618 Fib. (golden ratio) retracement level and volume fully supports this pattern as a small correction or retrace.
We can expect a higher high next compared to July's peak based on the above price action.
Volume is low but likely to be higher when looking at other exchanges. While low, still leaning towards the bulls and many times above the daily average, in the last few days.
Many bullish signals on this chart and resistance is being challenged today.
✔️ 100% bullish all across.
Patience is key... Thanks a lot for your support.
Namaste.