LINKBTC
Chainlink (LINK) - May 3Hello?
Dear traders, nice to meet you.
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(LINKUSD 1M chart)
(1W chart)
(1D chart)
You should watch for any movement that deviates from the 34.30128060-42.42859120 section.
We must see if we can move above the 42.42859120 point and break off the downtrend line.
It is expected to reorientate on the segment 42.42859120-45.13769462.
You have to think about how to respond to this.
If you fall at the point of 34.30128060, you need a short stop loss.
However, it may rise along the uptrend line, so careful trading is necessary.
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(LINKBTC 1M chart)
(1W chart)
(1D chart)
We have to see if we can get support and ascend at the 69567 Satoshi branch.
If it goes down, you need to make sure you get support at 68143.
59040 Satoshi-61672 If you fall from Satoshi, you need Stop Loss to preserve profit or loss.
However, it may rise along the uptrend line, so careful trading is necessary.
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It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price 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, so that the money that ultimately corresponds to the profit can regenerate the profit.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on 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 segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. 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 do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
Chainlink W'sLink has played out W patterns multiple times in the past and looks like its following that pattern again.
Bouncing between the bull pennants on the daily charts for a few more weeks until it breaks upward from this pennant and paints another W. Mostly sideways action but slightly bullish.
There's a possible way the triangle gets bigger if link goes to 37 in the short term ( next week or 2 ).
This pattern could take another month to resolve.
Four Year Bull Flag TrianglesLong term link has followed this pitchfork trend that has lined up with adoption rate over time. Started in 2017 and it's still playing this pattern out.
Over the years it has made massive bull triangles, and is consistently breaking them before they complete.
If we keep running along the middle channel, it can break up into the highest channel upwards of 100$ and still be in it's 4 year trend.
The long term extremely conservative estimate is 100$ by the end of 2021.
Chainlink (LINKUSDT) ready to flyChainlink has broken the long downtrend line and now trading above it. Chainlink is a decentralized oracle network and has a lot of big partnerships. A good rally is pending in LINK.
Buy Zone: $33.5 - $34.1
Target: $38.3 - $42.4 - $47.3 - $52.7 - $58.9 - $63.5 - $69.8
ChainLink (LINK) - April 24Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
----------------------------------
(LINKUSD 1W chart)
(1D chart)
We have to see if we can get support at 34.30128060 and climb along the uptrend line.
If it falls in the 23.46486658-26.17397000 section, a Stop Loss is required to preserve profit and loss.
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(LINKBTC 1D chart)
65442 Satoshi-72590 Satoshi are supported and we have to see if we can ascend.
If it falls in the 57300 Satoshi-60157 Satoshi section, Stop Loss is required to preserve profit and loss.
If it breaks above the uptrend line (1), a surge is expected.
--------------------------------------
It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price 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, so that the money that ultimately represents the profit can regenerate the profit.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on 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 segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. 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 do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
LINK going skyrocketingLINK going skyrocketing
Falling wedge patter on LINKBTC and Asymmetrical Triangle pattern on LINKUSD
Both are bullish pattern that already had the breakout
I'm bullish on LINK at the moment
Things to lookout are potential Bitcoin corrections and $DXY potential breakout to the upside
Linky longLink looks ready to do something crazy... macd flipping for the first time in awhile on the weekly and it also broke above descending channel. I’m liking this chart a lot!
Marines commence!!
This is not financial advice and do your own research! Thanks guys and good luck!
LINK/BTC potenial accumulation zoneLINK/BTC
0.0004 area is a potenial accumulation for LINK / BTC pair
If you are patient enough i think this will give nice return for coming weeks or months
trendline support should on weekly TF for continuation
If you see my ideas help you in trading or learning press like & comment & follow
Good luck