LINKBTCThe crypto pair is approaching a major Weekly support between 0.00041 - 0.00034. This demand zone acts as a major threshold between bullish and bearish price action.
If bulls could manage to protect this zone, then we are likely to see this pair once again challenge the falling resistance around 0.00062.
If we manage to climb above this then LINKBTC is likely to open new upsides towards 0.00089 initially followed by 0.0010.
However if a breach of 0.00041 - 0.00034 is seen then we are likely to head towards 0.000265 as next major support zone.
LINKBTC trade ideas
LINK to 300-500 usd?Chainlink has some serious potential in this next leg up for BTC. The LINKBTC pair has been in a bear market since it topped out in 2020. It has formed a massive macro triangle that seems to be destined to break upwards. The top of this breakout could be .0024btc if the coin starts to develop some serious momentum. Which I think is very possible considering it hasn't had any jaw dropping moves during this bullrun. It is with no doubt a severely undervalued coin. BTC could easily hit 150k-200k in this next leg up and if linkbtc goes with it then we would be looking at a 300-500 dollar link.
Never give up Link Marines!In the short run the market is a voting mechanism but in the long run the market is a weighing mechanism. Link is one of the most fundamentally bullish projects in the entire space. The lower the price goes only makes LINK more attractive of a investment. The chart I posted is a bear case, however as they say whilst bull markets can make you money, bear markets make you filthy rich.
LINKBTC in STRONG support zoneLINKBTC in clear support area.
Link whales have been accumulating on dips, with huge accumulation prior to the partnership announcement with Cardano at the end of September.
The structure of this is quite clear, note also the RSI - In this scenario ideally, a bounce on support line (for the 8th time this year) and a break of trend for some real rocket fuel, there is however small potential of a drop below into the 'underground' demand zone as we wait for BTC.D dominance to fall.
Its a cheap, solid project, and is gonna be on the upward move soon.
Patient hands and bargain hunters will be rewarded.
LINKBTC/ LONGAdvantages and disadvantages, making people know how to move forward and backward at the right time. Remember: character determines life, choice determines destiny. When faced with a great opportunity but give up, once again you reject the very word created by nature, it is ungrateful. Sometimes in life this opportunity passes another opportunity may come, but many times when the opportunity comes, we do not know how to grasp it, we create a character that does not know how to seize the opportunity at the right time.
linkbtc head and shoulders and bear pennantThere is a massive head and shoulders on linkbtc on 1d.
There is also currently a small bear pennant forming with a technical target shown in red.
Wait to see which way the bear pennant breaks to.
The head and shoulders technical target is over -110%. My best guess is that this target will not be met in our lifetimes.
But I'm still concerned about which way Link will go here. Link usually bleeds against BTC when BTC is going up.
Is this triangle a bullish continuation?The chart pictured is the LINK/BTC pair using weekly candles. One may appreciate the overall trend is to the upside and that the hypotenuse has acted as sharp support. However, it seems like there is bearish rejection of higher prices with the formation of two or three LHs. What do you think will follow? Trying to gauge what other technicians opinions.
Thanks.
Matthias
Link/btc 1hour update Link/btc 1horu quick update,
Ready to inverse head and shoulders and long link/btc .
Spot, and features trade.
leverage 5x to 10x
Long entry :-CMP
Traget:- 8% to 10%
And stoploss:- NA
Remember,This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading...
Than you..
CHAINLINK set for greatnessLooking at the big picture on the 5D, LINK/BTC is near a lifelong ascending support line (blue). It is also nearing the edge of triangle pattern formed by lower highs. Considering how solid the support is, I expect a break up from the descending triangle within the next 1-2 month at most. RSI is also in a long ascending pattern that I expect to zig zag steadily upwards. After that it should be free sailing to around its all time highs, netting a nice 130% profit.
Link/btc 2hour analiysis Link/btc updated.
Link buy entry :-cmp
Traget :- 0.00062
0.00065
0.00073
0.00080 Stoploss:- 0.00055
Rembebar.This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading...
Thank you...
$LINK be patient Link weekly chart here
We didn't break out of the flag with much venom, The Super-Trend had stopped us out. The next time we get to the Super-Trend level I am sure it will and it will hit the target of 0.0028221
Accumulation began in Late November/ Early December 2020 when the MFI was oversold and it is still at that level. Buy the dip mentality
Chainlink about to pump!Good Morning crypto fam :)
Today we take a look at LINK/BTC. As you can see in the chart, we are running slowly to the deciscion at the end of the year. In the next weeks we will now the route for 2022.
As of this moment we could see altcoins outperform Bitcoin and rise against the king.
I buy some Link just for the cause, i miss the pump.
A good long term project with an amazing community behind it.
Thanks for reading :)
Have an awesome day
link/btclink/btc 4 hour analiysis
buy:-cmp
target:- 35.20%
stoploss:-NA
This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
happy trading...
thank you...