In the midst of BTC sideways (9300-9000), LINK has shown great performance and reaches a new high. On the 4H chart, I discover a divergence between LINK price and RSI, and I think there is a possibility of an H&S forming. Hence I am thinking of taking a short with a setup of E:8.22 SL:9.079 TP:7.1 Support my Ideas by giving it a Like and shown your interest...
In May I posted this idea expecting a strong bullish break-out on LINKBTC from its Triangle: For reference take a look at this too: It happened as planned and now it is time to give an update as the rise has been very strong and already hit the inner Higher High trend-line (red dashed) of the 2 year Channel Up, which can be seen also as an inner Rising...
Broken weekly channel downwards
Hi friends, The printer is about to start printing on Chainlink as a Crypto in play. I want to say thank you to all those who have been liking my ideas, I really appreciate the love so far, I have come with another good crypto in play but in return I will ask for your likes to keep growing my ministry. without much stories, here is the pattern discovered and my...
Chainlink has consolidated for long enough. 2 full months. A little bit of wind behind her back and she'll sail into the distant horizon.
Pattern: Rising Wedge within a Channel Up, +2.5 years running. Signal: Bullish as the 1D MA200 held twice within the Rising Wedge. Confirmation comes when the Triangle Lower Highs (inner) break. Target: 0.00075 (below the Inner Higher Highs trend-line of the Rising Wedge). ** Please support this idea with your likes and comments, it is the best way to keep it...
Linkmarines were able to keep the price of support. Level $3.8 held, we did not get a close below. And it looks like a bullish retest. I'm long here with $4.5% target, will add at $3.9 if we get rejected off $4 again. I have an algo running on LINK, it's still long: Hit the "LIKE" button and follow to support, thank you. Information is just for...
From a closer view and taking into account our last update (see attached idea with green RSI arrow and do not forget to give a like), millions of scenarios although the ones I like the most are these: 1.- The price action breaks the resistance at 4.09 and continues to rise to the next fib level, at 4.73 2.- The price cannot break and follows the lateral trend of...
The current outlook for LINK is positive, with 3-day chart showing MACD turning up, cloud future positive, and short-term MA's teasing price appreciation. Target sits at $4.80 (24% gain).
Did not touch LINKUSD for a while, but there's no much to say here. It has been ranging for 29 days. Long scalp here is more favorable for chainlink; trying to catch knives at $3.4 looks like a decent scalp idea. ps. POP strategy holds long from $3.72 all this time ¯\_(""/)_/¯ Hit the "LIKE" button and follow to support, thank you. Information is just for...
Buyers can be very pleased just by looking this chart of Chainlink. One of the most profitable coins lately being parabolic to Bitcoin. As seen on the chart, when the RSI posts this bearish divergence with the price candles hitting Double Tops, the pair makes a top, pulls back and consolidates until the next run. Each time the pull/ consolidation phase is...
Pattern: Channel Down on 4H. Signal: Bullish once the price rebounds near/ on the 1D MA50 on a similar sequence with June. Target: 4.5000.
LINK/USDT had been looking surprisingly well recently even after the breaking down of an important support line - the .618 fibb, breaking back up through the resistance of the fibb line and into positive territory. However, it has yet to successfully turn the resistance into support. And while it initially made a positive break up through the pennant it had...
This signal is based on inter time-frame pattern recognition and in particular ChainLink's July/ August 2019 4H price action versus the 2018 1D candle action. Before there are any misunderstanding and willing critics of the different time frame comparison, I am stating that I am interested in pointing out the obvious similarities. Trading psychology is the same...