LINKBTC trade ideas
Link retest successful! long until the major trend is over!Link trend reversal!
This is not an inverstment!
LINKBTC potential long opportunityLINK is one of my favorite coins, it has been in an uptrend for 2+ years. Currently consolidates around the final pump start position. Which I think could be a good spot to add long when bullish candlestick pattern occurs.
Looking for an alt seasonAfter the 2017 highs there was a very profitable Alt season after it dipped.
I'm watching the LINKBTC pairing as my indicator for an Alt season. If it breaks this obvious downtrend line then that will be my signal, and it looks like its preparing to.
I've already packed my bags and cashed out my BTC profits so I'm good either way, but I have no reason to believe there won't be an Alt season. Alt BTC pairs have remained resiliant, and also keep an eye on BTC dominance. It won't take much BTC to pump alts.
Bump and run pattern in LINK/BTC pairThe bump and run reversal chart pattern, also known as BARR, is a reversal pattern that is formed when a stock goes through a fast and large price hike as a result of excessive speculation in the market regarding the stock.
LINK/BTC looking like a great buy opportunity-sitting on Fibonacci support
-massive correction from ATH in btc
-1 day RSI recently recovered from below 30 and is creeping upward
-BTC cooling off from highs and profits taken may flow into alts he first place they will go is into large cap altcoins
-LINKUSD recently took a very large hit
LINKBTCHi All
IMO LINKBTC and LINKETH have formed inverted head and shoulders patterns
LINK should outperform both in the coming days/weeks
Hope everyone is surviving this correction ok
I am significantly increasing my exposure to LINK at this time
Good luck
$LINK/BTC ARE YOU READY FOR THIS ROCKET?!Soon as we break out of this multi month resistance line we should see link explode both BTC and USD pairs.
Chainlink looking to make a move against BitcoinChainlink is battling with the 21 day moving average. Any move above the 21 day ema can viewed as a bullish move. We also recently had an RSI low and the volume has spiked since. It seems to have had a strong bounce off of the support of the red support line. Be Patient, look for another bounce or a breakout above the 21 day. I would bet against another bounce as it already touched it twice.
Success is a series of small victories.
LINK Next in Line to Rally?Major Alt coins of BCH, ETC, MKR, have all posted 60%+ rallies the past few days.
LINk has also been consolidating above .0035 and .005 BTC and put in a higher low on this weekly candle. There is some symmetry in the higher low with the low of two weeks ago and this seems to be the bottom for most alts vs. BTC. LINK should therefore also be in that group and ready to rally with a break above the .005 level.
Stop entry set for .005.
Will also add to the position once the weekly chart produces its first green close.
Reversal is formingHi everyone, we have had great bull runs with BTC and ETH. Recently, BTC have been going sideway with decreasing volume and ETH is near a big resistance at its ATH. When it happens, usually it's worthing to take a look to other projects. LINKBTC is one of those that I am watching closely.
No one can deny that this is a great project and it will keep up BTC at some point. As you can see on the chart, there is a forming reverse head-and-shoulders pattern (not confirmed yet). Flipping 49k SATs to confirm this pattern will take it to at least around 60500 SATs where a clear resistance stands (descending trend line as well as horizontal resistance).
Flip 49k SATs: reversal confirmed, target 60500
Flip 60500 and break the descending line: downtrend is over. The party begins
Fibonacci levels indicate potential targets
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Ready To Breakout Of The Main Trend Line❕Sitting Above The Weekly Support Zone ,Ready To Breakout Of The Main Trend Line
✅ Tp 1 : 45000 (10%)
✅ Tp 2 : 49000 (20%)
✅ Tp 3 : 56000 (37%)
🔴 Stop loss zone : 35100 ~ 35000
LINKBTC to the MOOOOON? Cup & Handle appearingDo cup and handles work on a hourly chart of this length? If so then maybe we are in a cup and handle for LINK/BTC.
I dont know what the correct calc is for the Target price for profit taking, but if it is anywhere near the depth of this C&H then THE RICHNESS :)
LINK/BTC - It Has Bottomed Link has completed an 80% correction after its parabolic rise. I think this is the bottom. I opened a small long position today.
I don't have any price targets but I think it will at least double.
Thanks
