Head and shoulders could be forming on LINK/BTC 5day. Measured move on this would put it up near all time highs likely beginning of next year.
Link could be a solid hold from here to the beginning of next year. May drop a bit more against BTC, but I think that would be an opportunity. Link may out pace Bitcoin to the upside during this next bull run.
LINK is a difficult trade in crypto due to the velocity of PA and the rotation of liquidity to the highest risk sectors and higher speculative products in our market. The technicals here show a resistance at our B pivot of our bullish harmonic. We are trapped in a range also. Considering that we move to a lower level .0001410 -.0001032 it would be a setup that...
Can it bust through the neckline with strength
All unknown of course
There are no guarantees in speculating
you have to be down with OPP
O = Opportunity , can you spot the opportunity
P = Possibility --- what are the possible outcomes
P = Probabilities *** what percent chance do you assign to that possibility
Easy right ? ;)
But at least spotting things early...
If it repeats it's performance of the last cycle.
could we see 1 link trade for 0.0025 of a Bitcoin
at $100K Btc price this equates to a $250 USD value for Link
The problem is the trap in not being able to exit effectively at these prices due to thigh volatility and minimal time spent trading at these ratio's
So discipline and a plan is required.
A test of an upper trendline due to the presence of an inverted H&S forming.
This H&S will be short-lived however as these pairs tend to trend downward which is what I am applying to this chart.
Starting of the potential upward swing on daily timeframe because of the precise touchdown of the pivot which gives good risk to reward ratio (4:1) for long position .
👉 Always I Check The Btc Pair To Analysis Any Coin First, And It Will Show The Real View Because It’s Not Depended To The BTC Price
✈️ For The LINK There Is a Clear Bullish Setup At The Btc Pair And Its Make Me More Convince About My Bullish View At Usdt Pair
I think Link is about to explode again. It could lead to a potential 50% gain (BTC). That match up well with how the BTC/USD chart looks like.
One idea could be to zoom in on lower timeframe and find a entry with tight stop loss. If we se a explosion, you should be in a good position for a big gain opportunity.
Hello investors,
In the realm of Elliott Wave Theory, the third wave is often the most pronounced and significant, marking a robust move that aligns with the primary market trend.
This phase comes after a period of consolidation in the second wave and is critical for traders, as it often yields considerable returns, with a need for careful trading...
Short Link to Bitcoin
Take a small amount of short position and, for God's sake, maximum leverage is 3x.
stop loss 50% at 0.000415
stop loss All Position at 0.000428
tp1 : 0.00034
tp2: 0.00032
Long Term tp3: 0.00023
This suggests that, following a period of adjustment or retracement, the price of Chainlink (LINK) relative to Bitcoin (BTC) is likely to resume its upward movement.
I'd love to hear your thoughts on this as well. What's your perspective on the potential for a bullish continuation in the LINKBTC pair post-correction?
◳◱ Hey traders, we've identified bullish signals on the $LINK / $BTC chart through the detection of both a Bollinger Band breakout and a Resistance Breakout. The Bollinger Band indicates a potential bullish trend as the price has moved outside of the upper band, while the Resistance Breakout confirms this trend by showing the price breaking above a key resistance...
LINK/BTC: Current Weakness Signals Potential Retreat to 0.0002400 Zone
Strongest Support Zone for LINK/BTC Identified at 0.0002320 Amidst Current Weakness
![LINKBTC: $LINK/#BTC [#Chainlink]: BBand_Breakout Resistance_Breakout_Conf](https://s3.tradingview.com/o/o3udAS4K_mid.png "$LINK/#BTC [#Chainlink]: BBand_Breakout Resistance_Breakout_Conf")
