📉Hi Traders, Investors and Speculators of Charts📈
BTC had recently formed a new ATH, and we're a few weeks away from the BTC halving. I'm expecting corrections (highly overdue) across the markets up until the halving.
Chain-link still has huge upside potential:
But this post is specifically for the short term. I'm looking at a swing trade (spot) here because...
📉Hi Traders, Investors and Speculators of Charts📈
Chainlink / LINK is an altcoin that still has massive upside potential for the coming bull season. If you have been following me for a while, you'll know I've been saying we are trading in the opening moments of a new bullish cycle . I've also referred to this as Elliot Wave Theory Wave 1.
According to my plan,...
Hi Traders, Investors and Speculators of Charts📈📉
For a while now, LINK has been trading in a very clear accumulation phase. This is the zone we see after a bearish cycle and BEFORE a new bullish cycle.
Chainlink can be very "wicky", and often the price will go JUST UNDER/OVER the resistance zone, or JUST UNDER/OVER the support zone. This makes it hard to give...
I am interested in this trade because of the following reasons:
1. Support above the 200D SMA
2. Support on the MA 20 (middle bb)
3. Bullish throwback to the EQ of the parallel channel.
4. Volume increasing for the breakout and decreasing during the bullish throwback.
SOO, the whales are booking NET BUY for the last few weeks during the market drops,, that means we should buy too !
BUY WHEN PEOPLE ARE SCARED
SELL WHEN PEOPLE ARE GREEDY '
thats the only thing u should know about market
Please 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!
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✅In this video, we talked about Bitcoin, SPX and LINK.
I see a great potential in this short trade.
My 3 reasons are
1) Too far too fast
2) TD 13 on Daily and Weekly Sell Signal
3) Megalodon Institutional Investor Strong Sell Signal
4) 60 minute price location breakout level
5) Good risk reward
6) Coronavirus shotdown in states
7) Stock market TD9 Top
8) Bitcoin...
Hi, friends. Today i want to analyze ChainLink. Picture simple with bitcoin situation. We have big volume of newly open positions above 3.83 and involved bulls with closing after. Targets for bears 3.666, 3.617.
Levels thanks to X-Lines indicator. Volume analyze with X-Volume script.
Waiting your likes!
In this update I discuss the recent price change on the bitcoin chart, so far confirming the action being contained in the wedge which points toward the date of the bitcoin block reward halving.
I go over the previous 2016 halving and the price jump in the weeks prior, and try to use it as a lense to help understand what may happen in the coming months....
