LINKEUR trade ideas
LINK will hit 40€ very soonHistory repeats itself, and I think chainlink will hit 40€ in the next 2 ot 3 weeks!
Distribution Schematic LINK EURDistribution Schematic LINK EUR
Test
Will how this simulation works in the next couple of days
LINK to drop My plan is to wait for a bullish entry signal when the price is between the 30%-50% retracement of W3 (16e-14.2e).
For now a short to this range could also work.
BTC/EUR potential buy zoneI'm not an expert, I'm new in this world and I'm learning about trading.
This are my predictions based in the techniques that I'm learning from the book "Technical analysis of the financial markets" by John J.Murphy
Don't trust this analysis before comparing it with another, and feel free to comment your opinion below if you're an expert!
LINK, an Entry to Prove Promising?After just about clearing it's previous ATH, LINK has been given time to consolidate for another potential move upwards.
Hopefully some BTC and ETH profits will flow into LINK now it is ready to move.
Stop loss is tight here but is given enough breathing room.
correction waves B completedLINK is on a correction waves path, the B should be over, now it should head toward C
LINK Short ideaThe idea is that we are reaching the end of a triangle that forms a B wave of a w2 retracement of a higher degree.
10:1 might be to risky for some, but with the right PA it's possible.
We should drop to around the high volume node to finish the retracement before continuing upward.
Good confluence with golden zone for W2 retracement and high level node.
Wait for a bearish entry signal before entering.
This is not financial advice.
LINK 3:1 ideaIf price falls to cca 11.3 it could be a part of an ABC corrective wave, possible 3:1 on B wave before possible drop.
Just an idea, not financial advice.
LINK following eliott wave countAfter price came down to the expected level of a 4, expecting an extended 5 wave to go to cca 15eur. RSI also shows almost oversold market.
LINK TO RETRACE & HEAD TOWARDS PREVIOUS LOWER LOWSLINK MIGHT HAVE SOME ISSUES RELATED TO THE SEC SUE AGAINST $XRP, therefore could have some movement towards below.
Good Point of Control above also allowing to put a really tight stop loss and a huge possibility of making good pips.
Happy holidays!
link down. breakout downlink is at a perfect level to possibly break the support line and head directly to the next support levels.
Link predictionHere is a plot of what I think will be the new trend for link in the following weeks. What are your comments and suggestions? Thank you for your time, good luck in your trading.
€ 50,- potential till AprilFore sure this is speculating. But that's also part of the deal. If it will stay within the channel we have a nice outlook.
Link to re-test support before gaining upward momentum. Link still very bullish but should retest the support before 4th attempt to break resistance.
