Link LINKUSD - Road to 100 USD! + Massive parallel channel- Link is very bullish on the weekly time frame.
- If you take a look at RSI we can see, that this oscillator is ready for another pump!
- Previous swing high acted as a support + bottom of the channel!
- Target is top of the channel or 0.618 FIB trend-based FIB.
- We can spot an ascending channel forming on the weekly timeframe.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
LINKBTC
ChainLink (LINK) - July 31Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(LINKUSD 1W Chart)
If the price is maintained above the 14.95925633-20.72941589 range, the uptrend is expected to continue.
(1D chart)
If the price holds above the 20.72941589 point, it is expected to turn into an uptrend.
In order to continue the upward trend, it must rise above the 27.57080609-29.45537066 section.
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(LINKBTC 1W Chart)
If the price holds above the 39500 Satoshi point, we expect the uptrend to continue.
(1D chart)
It remains to be seen if the 53323 Satoshi-58435 Satoshi section can support and rise.
If the price maintains above the 58435 Satoshi point, it is expected to turn into an uptrend and move higher.
However, it is important to break out of the downtrend line.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
[UPDATE LINK] CHAINLINK 130-180$ for the last wave. 100% !!!WIth this analysis I applied:
1) ELLIOT WAVES
2) Fibonacci trendline extension
3) Lengthening theory
Why am I sure Link is going to go up (together with other strong tokens)? For the following 3 reasons:
1) BOLLINGER BANDS: Bollinger band indicator on the weekly flashed green
2) BULLBEAR TREND: Bullbear trend is still strong and will flash BUY soon
3) TRACK RECORDS: LNK has dropped 80% in this wave and in the past ones.
My prediction price is between 130$ and 180$ for mid 2022.
Chainlink buying opportunity below fair value LINK/BTCChainlink ($LINK) has corrected quite a bit relative to Bitcoin. It's down approximately 50% since the pivot high in May and now trading in its "fair value" range.
The first demand zone below fair value starts around 0.000450 BTC. The yellow-shaded area is where supply and demand was in balance for a short period of time followed by a surge in buying.
If and when price gets close to this demand zone for the first time it will be a good opportunity for me to exchange Bitcoin for Chainlink.
DOGEUSD using other crypto to predict price movement There is Daily Divergence on Doge that says it goes to .68 along with the falling wedge high of around the same area. Then there is the confirmation of all comparisons of btc moving down which caused this to spike up. I have notes on what I was noticing I will go further into them another day.
by iCantw84it
07.25.2021
Link Update: Look Elsewhere for OpportunitiesRanging as expected from my previous idea. Link below. Had a killer run that ended with the bearish T-K cross. Long term trend has ended and chart confirms this. Going forward, upside will be limited in comparison to its previous performance. Downside risks are significant. Hence be patient. Enjoy the gains you have had so far and find something else to trade.
LINK Breakout IncomingHello IWealth Here, I have been Trading and Teaching for 7 years. and im happy to share my idea that could help you in the crypto space.
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Link is forming a breakout pattern and I believe within 2 weeks we will see a big move. All eyes on bitcoin right now for the move to happen. If link breaks down we can see $8-10 if link breaks up we can see 25-30$
ChainLink (LINK) - July 13Good morning?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(LINKUSD 1W Chart)
If the price holds above the 14.95925633 point, it is expected that the uptrend will continue.
If it falls from the 9.87112500 point, it is expected to enter the mid- to long-term investment zone, so you need to trade cautiously.
Therefore, the interval 9.87112500-14.95925633 is an important interval.
(1D chart)
If it rises from the 14.43439291-18.64851097 range and maintains the price above the 18.64851097 point, it is expected to turn into an uptrend.
If it goes down, you should check to see if it finds support at the 9.87112500-14.95925633 zone.
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(LINKBTC 1W Chart)
If the price holds above the 39500 Satoshi point, it is expected that the uptrend will continue.
As the support section is weak, if it declines from the 21950 Satoshi point, it is expected to enter the mid- to long-term investment area.
Therefore, the 21950 Satoshi-39500 Satoshi section is an important section.
(1D chart)
If it rises in the 53323 Satoshi-58435 Satoshi section and maintains the price above the 58435 point, it is expected to turn into an uptrend and rise.
However, if it does not deviate from the downtrend line, the uptrend is expected to be limited.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
Chainlink - big wedge, huge possibilities 🧨🧨A wedge structure has formed on the ChainLink chart, the price has broken through it and is now trading along the upper boundary. I expect that Link can correct even lower, collect liquidity to buy in the area marked below, and already from there to go up!
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
LINKUSD (Probably) LONGLINKUSD (Probably) LONG - we're currently in a range and these are the most important lines, take longs from support and shorts from resistance, we're almost at the end of our triangle and a breakout is expected on the upper side, still we can take a short at the upper resistance once breaking the trend-line resistance.
LINK Bottom Forming?Since its all-time high in May, Link has dropped by as much as 72%. Price seemed to be forming a bottom at 15. Where we saw two tests at this level in May and June. So far we have failed to break lower. This leads to the possibility that a bottom may be forming for Link. However, it is still too early to say. Therefore, I would like to see the price consolidate above 20 again.
Lastly, you should not rule out a possibility for a third retest of the trend, especially in this highly volatile environment.
LINK - At ResistanceLINK is fighting resistance right now and I'm seeing a bit of noise above resistance, if the price get enough strength to hold above the resistance area as you can see on the chart, then a short-term bullish move can form.
So if you're into opening long positions, wait until the close of the first 4H candle above the resistance area and then open your positions and aim for the targets.
Current Market Price: $19.280
Good Luck
Tell me your ideas. Like and Share
ChainLink (LINK) - June 24Hello?
Traders, nice to meet you.
Follow to get new information quickly at any time.
Please click "Like" as well.
Have a great day today.
-------------------------------------
(LINKUSD 1W Chart)
If you keep the price higher than 20.72941589, it is expected to continue the upward trend.
(1D Chart)
It is supported by section 14.43439291-18.64851097 and remains to be seen if it can rise above 20.72941589.
In order to shift to the upward trend, the price must be maintained in section 18.64851097-27.07674760.
-------------------------------------
(LINKBTC 1W Chart)
If the price is maintained above the 39500 Satoshi branch, it is expected to continue the upward trend.
(1D Chart)
We'll have to see if we can climb with support from the 53323 Satoshi-58435 Satoshi section.
In order to shift to the upward trend, the price must be maintained in the Satoshi-68659 Satoshi section.
------------------------------------------
It's better to make a deal that matches your average unit price.
This is because if the price is below the average unit price, which has been on the rise and falling trend, there is a high possibility that the psychological burden will not make a big profit.
The center of all transactions starts with the average unit price at which you start trading.
If you ignore this, you can proceed with the transaction in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and control the portion of the investment, ultimately allowing the funds to generate revenue on their own.
---------------------------------------------------------------------------------------------
** All indicators are posterior indicators.
Therefore, you should be aware that the indicators move according to the price and volume of transactions.
I'm just talking upside down for an interpretation of the indicators for convenience.
** The wRSI_SR indicator is an indicator created by adding settings and options from an existing Stochastic RSI indicator.
Therefore, the analysis is the same as the existing Stochastic RSI indicator. (K, D wires -> R, S wires)
** The OBV indicator was re-created by applying the expression DepthHouse Tracking, which is an indicator released by oh92. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee gains or losses on investment.
Abbreviation description shown in chart
R: A point or section of resistance that requires a response to preserve revenue.
S-L : Stop Loss Point or Section
S: Points or intervals that can be purchased to generate revenue from support points or intervals
(Short-term Stop Loss is a point where a split transaction can preserve gains or losses or further entry. It's a short-term investment perspective.)
GAP refers to the difference in prices that occurred when closed because the stock market, CME, and BAKT exchanges do not trade 24 hours a day.
G1: Closing price when closed.
G2: Poetry at the opening.
(e.g.) Gap (G1-G2)