Let me start off by saying that I am not a financial adviser. You should not take 100% seriously anyone on the internet. So take my advice with a grain of salt and do your own research before investing in any coin.
We are IN the buy zone NOW!
ChainLink is possibly the coolest and most underrated projects out there in the crypto space.
With a market cap of only...
LINK BTC is oversold on 1 hour RSI chart. Trading below bollinger band.
We can buy it now and wait for the price to bounce back. That's where we'll book profit.
LINK/BTC is showing what looks like a very strong long-term ascending scallop; it wants to go hugely parabolic.
based on the intersections between this fib extension and the scallop's trendline, we have the following targets (in BTC):
0.0001284
0.00018281
0.00027086
0.00035891
0.00041332
trade at your own risk.
Target 1 is ATH at 12000, with a second target around 18800, which is the 1.62 extension and also happens to be based on the depth of the bowl. Nice bullish divergence on the 1D SRSI as well.
Hello Lads,
I've been looking at ChainLink for a while now and I feel like it's a pretty good trade.
I see Chainlink has formed a big cup, all we need now is the handle!
MacD is also looking promising as it's getting out of it's slumber and getting ready to pop.
There are several ways to trade this one, based on risk management.
You can set a buy order on the...
As LINK/BTC forms a cup and handle, RSI has room for growth, MACD has just crossed over after a negative trend moving into a positive trend, Volume Profiles support the values to test the 2.618 Fib Extension.
If volume stays sideways or moves into an incline, we could see a potential out-break to test new local-highs.
Link has build a very compelling cup. Now, we should see some downside to create the handle. RSI confirms reversal, still waiting on Bollinger bands to confirm.
Long term the price is above the kumo and the Chikou is way above, good bullish signs.
PM me for entries, targets, and custom charts. Also, if you want to learn how to chart for yourself, check out my...
Chainlink forming the cup and handle pattern, strong support at 6388.;
Needs to finish the pattern before placing an entry order.
Entry order at breakout level.
$lINK is dutifully working on the handle and we should see a nice pop up once it's done with that bullish falling pattern. Chain Link does like its cups...
It looks like LINK/BTC will need a few more days before the cryptomarket will decide its next movement. Like QSP, there is a strong support level at the Fib50. The support of the triangle is at that level and has been tested 3 times over 4 days. Given that the triangle is reaching out longer, it might happen that future support will be slightly higher. Keep you...
LINK cup n handle on 1h charts. Resistance points until top are:
R1: 0.00009024
R2: 0.00009725
R3: 0.00010132
R4: 0.00011015
Expect handle forming to start at R3 or R4 to retrace to between 0.00008000 - 0.00007800
Break out from handle should top at between 0.00016720 - 0.00017382
time to R4 est: 7-8days
time to breakout top: 50-60days
After last night's outbreak we have seen another consolidation area that ends up in a triangle, indicating that there is another outbreak possible. This is consistent with Elliots 5 Waves as we would be approaching the end of point 4. Target is between 9000 and 9500 with good buying opportunity atm.
*Binance is a growing exchange that is user friendly and does...
LINK/BTC has proven to be a good buy and will still be a good buy if you're asking me. The hourly chart shows a perfect outbreak without any correction, which means the price is probably heading to it's next resistance level; around 8600! As this is just the first wave, buy low at the correction and make sure you bought in for potentially 2 to 4 more...
