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LINKBTC trade ideas

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. . 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. If you find the information useful, take a liking and sign so you don't miss anything.
Long
by Kirill_Gaitan
$LINK ready for the next cycle? It looks like $LINK has reached the point where at all times previous in its lifetime it has subsequently risen to new ATHs - on this 3 Day chart, resting on the 89 MA. I am speculating that another ascending triangle will form, which would mean a retest of 150k sats over the next month or two. A beautiful chart, hasn't let me down so far. Please note that the triangle & yellow arrows covering the summer of 2020 were drawn BEFORE the run-up, in late March as it was resting on the bow of the triangle around 33k sats . I was shocked at how well it conformed to the "lines on a chart" I drew. Don't believe me? Don't care.
Long
by trianglescrypto
1
down for the short time UP for the long termyou alway look for confluence in the market. so if you asked yourself, why didnt alts jump in the rally of btc to 18400. every coin has to tend to behave on its own way. because btc is so dominant in the market it always influence the coin in particular. Chainlink always tends to test the previous all time high, before the next bullcycle begins. I believe when btc is coming down in the coming days, that it will drag link down. the drop is from the baseline a 20 percent, that would line up perfectly by a drop of btc of mostly 30%. why 30% drop of btc ? because it tends to behave like that in parabolic times. you always look for confluence in the market. i believe this will be a perfect one before alt season start. this could be the perfect bottom for link/btc
Long
by hendrik87
2
IMO, its time to begin accumulating LINKLINK/BTC - Daily Somewhat self explanatory. We have a multi year long trend line on the LINK/BTC pair. We have started bouncing off of this pair again. Reasons to long -trend is your friend, until it ends -BTC, finally showing signs of slowing? -Strong project fundamentally and IMO has become the standard decentralized oracle provider for top DeFi projects Reasons to be wary -BTC has not confirmed a reverse in trend - we could see 20k or slightly higher before a pullback (if a pull back even happens... lots of institutional interest) -Trend does not HAVE to hold Would love to hear your thoughts! RIP King 5.28.2016
Long
by harambepay
LINK below 200MAPlease feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea. Also make sure to leave a like as it helps me out a lot! ------------------------------------------------------------------------------------------ LINK - Playing with support from October @ 74k sats. - Below 200MA - MA's looking to form death cross - MACD in negative territory I'll be looking for: - Break above 200MA - MACD curling up After which I hope we can break the blue resistance zone. A lot will however depend on what bitcoin is playing to throw at us...
by Coinathlon
2