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Hi Traders, LINKETH on D TF has broken above the Resistance, has done the retest already, soon should go higher
⬆️Buy now or Buy at 0.0082
⭕️SL @ 0.0075
✅TP1 @ 0.00986
✅TP2 @ 0.01185
✅TP3 @ 0.0149
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Looking for a jump out of this curved structure formed
Price bounce needs to be soon, which is suggested by this structure
This is the Ethereum pair for LINK
In my opinion $LINK/ $ETH pair is forming an ascending triangle (bullish), potential bottoms-up pattern from early January. Is $LINK coming for a spring cleaning? !Resistances lines from Red to Green. A break out above the Green line should be back above our moving averages and turn our biased for LINK against ETH bullish.
Top light blue line - 200 Day MA
Lower...
Can LINK ride the bull market touching ATH by June-August?
If LINK reaches trend consolidation area do you think it will brake free creating new ATH or do you think it will get near and reverse?
Lmk in comment section your thoughts and opinions also don't forget to hit that like button.
Happy trading everyone :)
Disclamer; I am not a financial...
LINKETH is approaching resistance. proceed with caution
linkbtc,
note: Losses can exceed the initial investment so please ensure you fully understand the risks.
Priceline of Chainlink / Ethereum cryptocurrency has formed a bullish cypher and entered in potential reversal zone.
But MACD and Stochastic are still strong bearish therefore I will would suggest to wait for weak bearish signals from MACD or bull cross from stochastic for secure trade otherwise the leg can move more down to form a shark pattern.
I have defined...
Just using two Fib retracement and extension grids, all of the key S / R levels are neatly exposed.
Could a weekly close above 2.618 imply further upwards movement? Or will the retrace continue?
Also interesting to see an essentially non-decreasing OBV and high up above LINK's long term (mean reversion) trendline.
Should be interesting to watch.
Buy After Breakout and Set Risk reward Ratio as Shown in Chart.
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
Technical analysis:
. ChainLink/Ethereum is in an uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 62.
. While the price uptrend in the Daily chart is not broken, bullish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary...
Technical analysis:
. ChainLink/Ethereum is in an uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 62.
. While the price uptrend in the Daily chart is not broken, bullish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary...
