LINKBTC trade ideas
LINK-BTC negative momentum slows downYou can clearly see that the downtrend is slowing down.
-You can see multiple rejections of the 200 sma.
-recently there was a new rejection of the 200 sma but you can clearly see the buying pressure too.
We can take a coulpe of scalps and after that wait for a breakout.
Will link go for a higher high? only time will tell...
Chainlink finding support @ 0.00075 and @ trendline intersectionUpdate to the previous chart
Chainlink looks like coming out of accumulation zone, price did find support @ trendlines intersection and psichological level 0.00075.
Low volumes like in the past might suggest local low!
Next targets:
- ATH
- Psychological level @ 0.003 approx coinciding with median increase during speculative bubbles
Trade safely
KEY RESISTANCE AHEADI want to see the price reclaim and close above this blue area, in that case I will be looking for the objectives in chart.
LONGLink trigger my condition for a long shared yesterday, daily candle closing above the key pivotal area as asked, currently looking for those objectives in chart
LINK/BTC great potential upside!The recent bear market annihilated the vast majority of alt coins, one of the few resilient coins was LINK.
It has just came back down into its accumulation zone, and is a great buy at these levels for a swing trade (midterm 3-6 months). Specifically compared to BTC. LINK has one of the most predictable swing trading channels and we should take advantage of this.
$LINK / $BTC Approaching Resistance from 11/7 & 11/10Let's see if we can cross this resistance and send $LINK
#LINKBTC (Long Term) 11/20#LINKBTC (Long Term)
Buy : 0.00078450 - 0.00067196
Target 1: 0.00086295
Target 2: 0.00105908
Target 3: 0.00196125
Stoploss: 0.00065476
Signal R/R: 10% / 150%
Net ROI : 50%
Invest / Position Size : 3%
Exchange : Binance
Duration: 15-90 days
Confidence in Trade : Medium
we ask Allah reconcile and repay.
Chainlike trading IdeaHello Traders,
Chainlink has broken out an important downtrend line and is accumulating above to try higher levels.
We recommend opening a long position as soon as it breaks this accumulation with its stops below the last bottom.
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WEEKLY TREND STILL INTACTWeekly parabola still holding, imo lows are already in and price is getting ready to expand upwards
Link could be next to move.Historically Link tends to see a move to the upside once it breaks above the 200 MA. Given that Link has yet to rally like some of the other alts, I speculate a move from link in the next few days comparative to BTC. The 200day acts as great support during a bull market and the patterns show this time and time again.
This is not financial or trading advice..
LINK ( 1 top defi)Greetings,
LINK 1st place in the DEFI hype in terms of capitalization level, being in an upward trend. After the breakdown of the triangle in June, the price went up by 270%.
The idea from 20.06 .
At the moment, the tool in the local downtrend, formed a falling wedge pattern. The price has approached the trend of the main uptrend, and the price is unlikely to break the trend down, otherwise the uptrend will be broken and we will see a huge auction of sales, with good potential in shorts.
On the 4-hour chart, a symmetrical triangle pattern has been formed, with a 25% potential, showing a possible trading scenario of a break-down.
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In an uptrend, the potential of the wedge development is about 100%, it does not mean that we have to wait for the final goal, but profit fixation in the development of the uptrend levels.
Always use stop loss, and do not use leverage more than x3.
A trader should always have tomorrow.
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Link soldier reporting for dutyI got the usd pair but it really tickles your hombres when pairing with btc
Chainlink top 10 market cap november 2020Chainlink are not listed during last altcoin season.
but this during bitcoin bull run, its on the list.
there is attach the pullback for the price
$15.25 USD @
