LINKBTC trade ideas
LINKBTC GIANT BULL FLAG (LONG) $LINK Despite disappointing performance in the previous bull run my long term thesis on Chainlink remains unchanged. Ultimately, there aren't many projects that I can imagine will be around in 5-10 years, however, Chainlink is one of the few that will. Now that hype has died down significantly in the crypto-space, capital in the market is starting to flow back into these projects. Anyways, this chart is just a bull flag with a lot of support built up on the 3M - I know people don't pay much attention to these timeframes. but in this case I think it is relevant. NFA
My Price Analysis of LINKBTC on December 10, 2022Hello friends. Today, according to the LINKBTC chart, I noticed that the chart is generally going down and I have drawn the short-term channel in the 1-hour time frame. The formation of EMAs of 50, 100 and 200 assures that the market is bearish. On the other hand, this arrangement is being formed in the 2-hour time frame. On the other hand, the MACD indicator gives a buy signal. My analysis of this signal is that it can either be a fake signal or a short-term signal that will return to its downward channel after encountering the upcoming resistance. and continue its downward trend.
Chainlink Bullish Since June - Long-term Targets Mapped (117%) Chainlink (LINKBTC) has been bullish since June 2022.
We have a clear bottom pattern on this chart that is followed by an uptrend; currently within bullish consolidation.
This week we have a full green candle, prices moving above EMA10 and bullish indicators... All pointing up.
The targets are as follow:
1) 0.000511
2) 0.000699
3) 0.000887
Main support/stop-loss:
1) 0.000323
A weekly close below this level activates the stop-loss.
Chainlink goes bullish.
This chart setup is aiming for a higher high on the next bullish jump.
Namaste.
LINK LONGWatch out for Bitcoins direction....
The market is shaky and waiting for a big move. Everyone is waiting for 6-10K Bitcoin - I'm not so sure. I believe in Link in the long run. Looking at Bitcoin's direction, break to the upside and I go long LINK. Disclaimer - LINK is one of the coins I like to DCA into. So I will hold it even if Bitcoin start dumping.
LINKBTC A head of a massive bullish break-out.The Chainlink / Bitcoin (LINKBTC) pair made a first and important move towards a bullish break-out last week as it broke above a Lower Highs trend-line that was holding since August 2020, practically dominating the recent Bear Cycle. Despite the break-out though, the 1W candle was rejected on the 1W MA100 (green trend-line) and 1W MA200 (orange trend-line) zone and closed back below the August 2020 trend-line.
This is holding the bullish break-out into a new Bull Market back but as long as the Channel Up (green) is holding and the 1W MA50 (blue trend-line) supporting, we will most likely see another attempt. Judging by the 1W RSI, we most likely need it to break above its 62.00 Resistance Zone, which started on May 03 2021 and has another two rejections under its belt.
In the meantime, notice how the Fibonacci retracement levels have shaped the price action since August 2020, with the High Volatility Zone located within the 0.618 - 0.382 Fibs. As you see, last week's rejection was conveniently made also on the 0.382 Fib, currently a major Resistance, while the Channel's October Low on the 0.236 Fib, which is the Support. A break below, basically restores the bearish trend.
A break above the 1W MA100 and 0.382 Fib on the other hand, should in short time test the 0.618 Fib, i.e. the top of the High Volatility Zone.
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LINK - INSPIRED BY THE TOP G. STOP CHAT, YUH NUH REDDY FI MITing muss drop a piece. Den mi blindly buy back lower, cah mi expect higha inna di future. Hovver ya dutty raas cursor over di location marker. read up mi write up. ZEEN??
Nuh bodda listen to mi. Man ah mad man. Mi ah guh lose all ah mi money.
Bludclaaaaaaat.
Waited 539 days for this moment (LINK)The moment has finally come after waiting since Chainlink cycle peak May 10th 2021, its been 539days of downwards(since Cycle peak ) resistance on the dominance but finally we have a clean break.
This chart has showed us the future step by step and has been correct all the way. This Fib time Chainlink count has been correct for years now.
This was the strongest clue for me that the bottom was in for crypto , the last fib count on May 23rd 2022 signaled a bottom for the dominance and for the price of chainlink.
out of all the evidence that came in that the Bitcoin bottom is in , well atleast the "first" bottom , this was the chart that confirmed most things for me .
The time fib count yet again happen to be a important moment for chainlink showing that chainlink bottomed around this time.
Since August 2020 link has been moving down in domaince vs Bitcoin but finally we have had a major breakout which should signal a big move for Chainlink price since historically thats that what happens when dominance goes up.
There is another Time Fib count im following on chainlink aswell but this time its on the price chart check it out below.
What is also very interesting is that the 618 fib is where chainlink cycle peaked, so is it possible that we going to make a move up to 618?
Its been an amazing couple of years using this Fib count for Chainlink and as each count passes the time for the next extends so the next date is April 2024! .
Chainlink (LINK)Chainlink is -83% from 2020 ATH and -77% from last year top. Since then it had at least five attempts, each having between 30% and 50%.
1D RSI is in neutral area which is fine in kind of bullish divergence. I've got into this trade and accumulating since Feb.
I think it would be a nice chance to see in the near future that LINK is double its value up to 0.00045.
Any comments?
Regards 🫶🏻
LINK/BTC 4HLINK/BTC has broken the LTB (downtrend line) and will likely break from the bottom up, looking for congestion at the gravitational center of the cloud. After passing the resistance imposed by MM200, it will quickly reach the target of 3601
Chainlink is a blockchain abstraction layer that enables universally connected smart contracts. Through a decentralized oracle network, Chainlink enables blockchains to securely interact with external data feeds, events and payment methods, providing the critical off-chain information needed for complex smart contracts to become the dominant form of agreement. digital.
LINKBTCHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for LINKBTC
Based on our previous analysis on August 13, we predicted a falling trend and now you see that the prediction came true and one of our targets is hit. In this chart, we have R2 and R1 as our resistance areas and both contain the disability of the price to rise. And S1 used to be a resistance area. Obviously, we have the price fluctuating in S1 and we expect a little decline for it to reach the bottom of this area. Then here by receiving some confirmation candles in order to rise, we consider the long position and for sure the price will face an increase to R1. Even it my happen that the price loses the support and start a falling tend below S1.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
LINKBTC
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for LINKBTC
In the present chart we have R1 as the resistance area which represents the unsuccessful attempts of the price in order to rise. R2 used to be a support area and even S1 is our support line that shows the support of the price at some points. Here we have the price fluctuating in R1 and we predict it to have a decline to S1 and by making sure through some confirmation candles, we expect a rise for the price over R1 and toward R2. R1 is considered a good area for placing sale orders and S1 is good point for having purchase orders. Please consider your stop loss and enter trading with some confident signs.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck