Good project anyways more fundamentals pointing to bull but as far as technicals go. Looks clean enough imo. I didn’t flood the screen up with indicators today but I have multiple confluence for this trade. In this specific chart we can see rejection above the kumo cloud on the daily time frame and LINK push up and gain momentum in lower tf to upside with...
- LINKUSDT is testing the ascending trendline support.
- The retracement to the ascending trendline support is resisted by the descending trendline resistance.
- Possible uptrend continuation.
BUY ENTRY ⬆️
- Aggressive (risky): current markets price (now).
- Conservative : breakout above the descending trendline resistance.
SETUP INVALIDATION ❌
Link has finally broke out and successfully retested both the trendline and the 50EMA which puts Link in a strong uptrend
Waiting for a close above 14.3 - which will probs be in the morning as I need some sleep lol
Close above that key resistance and hopefully we can run to the previous ATH
Also confluence on the link/BTC chart where it has successfully bounced...
. There is a possibility of temporary retracement to suggested support line (0.000406). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. ChainLink/Bitcoin LINKBTC is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as...
". There is a possibility of temporary retracement to suggested support line (0.000386).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
. LINKBTC is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic...
BTCUSD has Breaked the main channels bottom line in the H1 chart so after this Small retesting it has maximum Chances that it will go down to the Price level 17.8k
Keep in touch we will update further soon
BTCUSD Just Touched 19.5k and started falling down. Now according our Analysis here a small Retesting available that can touch the price level 14k. Then it will start moving up again to the price level 25k.
Keep in touch we will update soon
LINKUSDT is testing the ascending channel resistance.
RSI printed a bearish divergence signal.
The market is printing the head and shoulders reversal pattern.
Sell entry ⬇️ - breakdown below the head and shoulders neckline support.
Target - ascending channel support.
LINK / BTC retaking 80500-83000 as support is quite bullish. The volume here is nice while price has been consolidating above this support zone. LINK is always a strong alt and some money might flow from BTC directly to LINK.