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LINKBTC trade ideas

CHAINLINK BUY AND SELL ZONES!!So everyone knows about chainlink buy now unless your living under a rock, but if so thats ok, heres some quick and easy buy and sell zones to keep an eye on. everytime the RSI is over sold it tends to be a great buy time or DCA (dollar cost averaging) in. also around the bottoms before next run MACD seems to be a little laggy but histogram is right on. The same goes for the over bought on the RSI tends to be a great time to sell. be good time to probaby scoop up a little on this now if you wanted. it wouldnt hurt.
Long
by Crypto_Gardener
Picking up $LINK on TD9 buy signal. I put my bid in two days ago in anticipation of LINK hitting this previous TD9 buy signal from September 22. I'm targeting a stop below the July support level, and am aiming my exit for a new ATH. I am extremely bullish on LINK, having gotten in on the ICO. I have not moved my tokens until a few weeks ago when I converted half of my funds to the Yearn yaLINK vault. This is a much smaller position, sized according to Elder's 2% rule. I'll be looking to move my stop as we approach the Aug 8 TD Sell signal for capital preservation and a no-risk trade.
Long
by madgod
LINK/BTC: Imminent Breakout Analysis - 1D, 1HIn this post, I'll be providing an analysis on Chainlink (LINK), shedding light on its daily and hourly chart through technical analysis. Daily Chart Analysis - To begin with, the daily chart is on the left, and the hourly on the right - The daily chart demonstrates that prices are trading within a descending channel, forming lower highs and lower lows - The Relative Strength Index (RSI) is at neutral levels, showing signs of a potential breakout - The Moving Average Convergence Divergence (MACD) is forming a potential death cross, but has not provided confirmation yet - We can interpret the current setup as a consolidation phase of a bullish flag pattern - Should we see prices break through the upper channel resistance, we could potentially expect another leg up to 0.002btc Hourly Chart Analysis - Zooming in on the hourly, we see clearer signs of bullishness - Prices are forming an ascending triangle pattern, in which the tops of the pattern are rejected at 0.000894 btc levels, while higher lows are formed - The RSI is also in an uptrend, forming higher lows as a sign of momentum building up - Based on the ascending triangle pattern, we can count Elliott triangle waves (ABCDE) - This wave count shows that a breakout through the triangle pattern is very imminent - The 100 Simple Moving Average (SMA) on the hourly chart is a good reference of support/resistance zones. You can check out my other analysis on Waves (WAVES) which had a very similar setup: an ascending triangle within a descending parallel channel. Conclusion Chainlink seems like it's headed to retest previous highs as indicators and bullish pattern setups demonstrate potentiality for a breakout. However as always, don't predict the market. Take it by levels, and play by probabilities. If you like this analysis, please make sure to like the post, and follow for more quality content! I would also appreciate it if you could leave a comment below with some original insight.
Long
by Michael_Wang_Official
2
LINKBTC bounced on a daily support 🦐LINKBTC bounced on a daily support and the price is testing 0.5, 0-618 Fibonacci level. IF the price will break the descending channel, According to Plancton's strategy, we can set a nice order ––––– 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 Plancton0618 strategy will trigger.
Long
by InkyGrip
8