Signal LINKBTC LONG Open 37914, SL 37139, TP 41996, Risk/Reward: 1/5.27, Leverage: 5x
LINK ANALYSIS: LINK is bouncing off a support form the previous ascending triangle, but the declining volume on the bounce shows some weakness within buyers. I think the daily resistance is going to hold a very strong block zone. There is also a painted divergence on the RSI and Stoch between both highs. This combined with the decreasing volume, AND a small...
If Link loses the uptrend it will very likely test the long established trend line again. When that support brakes next target imo will be around the $1,00 region where there is a nice cluster of the 1:1 extension from A to B, the bottom of the parallel channel and the median line from the original Pitchfork.
In the month of Sep 2019 the price action of Chainlink took the power full bullish divergence and after making upto 131% bullish move now the price action has formed a falling wedge which was initiated in Oct 2019. Now the price action is likely to bounce from the support of this falling wedge in the meanwhile the priceline is also getting bounced from the lower...
Priceline of Chainlink / Bitcoin has formed a bullish Butterfly pattern and entered in potential reversal zone. This PRZ area should be used as stop loss. I have used Fibonacci sequence to set the targets: Buy between: 0.00030331 to 0.00029923 Sell between: 0.00030648 to 0.00031415 Regards Atif Akbar (moon333)
BUY : 31000 - 31240 TARGET : 5% SL :2%
After formation of bullish gartley pattern the priceline of Chainlink / Tether US cryptocurrency has formed another harmonic bullish Shark pattern and it is entered in potential reversal zone to hit the sell targets soon insha Allah. This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone. Volume profile is showing...
Priceline of ChainLink / Bitcoin has formed a bullish shark and entered in potential reversal zone. RSI has still more room to enter in oversold zone. MACD is strong bearish. Stochastic RSI is oversold but did not give bull cross. Volume profile is showing less interest of traders here I will suggest to wait for MACD to turn weak bearish or for stochastic RSI...
As promised in my previous chart (attached below), LINK shot straight up and will continue to do so. This is the best looking chart I've seen (next to Bitcoin) in the past few weeks, and it's just as easy to read. I'm now dismissing a possible channel, upgrading this to a bullish triangle entry. What you see here is the inner triangle (averaged). Once we get...
At the moment LINK on strong resistance area and rumors that swift partnership with LINK that's why link is pumping. If not confirmed by team then will dump badly and again will touch around 1.5$. also RSI and Stochastic are overbought on 1D and 2D chart. So guys be careful if we cross resistance area 21k Sats then take entry and target will 24k Sats. But its...
Buy : 18500 / 1.84$ Sell : 20000-21500-24500 / 2$-2.2$-2.55$ Mid-Hold : 30000-35000-40000 /3$-3.75$-4$ Stop : 16500 / 1.65$
By request I'm updating LINK/BTC today. I haven't checked back since the last analysis, but did find a few things that made me change my mind. This chart is on log and trend lines & connections have been averaged (line-chart) for higher precision. – parabolic trend line (1 to 2) has ended, thereby creating a new trend-line "top #1" (where either a channel, a...
Priceline of Chainlink / Bitcoin cryptocurrency has fomred a bullish CRAB and almost entered in potential reversal zone. I have defined targets using Fibonacci sequence: Buy between: 0.00021167 to 0.00020197 Sell between: 0.00021920 to 0.00023743 Regards, Atif Akbar (moon333)
$LINK Levels: -Nearing the POC of the range at ~20K sats -If you're bullish, you better hope yellow POC holds as support -Another interesting level is S1 as a scalp play if we were to slice straight through S/POC
$LINK High Timeframe Thoughts: -Bouncing between the 0.382 & 0.618 fib levels -I'd like to see us hold the EQ (green) as support -I'll become bullish once we break the 0.382 region to the upside
The ChainLink / Bitcoin cryptocurrency is moving within a down channel and now hits the suppport. The RSI is oversold. The stochastic is giving bull cross. I have defined the targets using Fibonacci sequence as below: Sell between: 0.00021435 to 0.00023722 Regards, Atif Akbar (moon333)
RED ARROW indicates the EXPECTED Time and Targets Level Stoploss point up to maximize profit and reduce risk I'm working all the time, even in Bearish Market