Chainlink
ChainLink (LINKUSDT) MultiTF TA: 22.3.2Link managed to break its trendline, but this break is not powerful. If the momentum of the market goes up, it can go up to the level of 21$. Minor resistors are marked in red on the chart.
Resistances:
15.4$
17.3$
3D Timeframe:
⚠️ This Analysis will be updated ...
👤 Sadegh Ahmadi: @SDQ_Crypto
📅 2.Mar.22
⚠️(DYOR)
❤️ If you apperciate my work , Please LIKE and COMMENT , It Keeps me motivated to do better❤️
LINK/USDT - bullish reversal pattern close to breakoutLINK/USDT is currently right at the tip of a falling wedge after having quickly pinged the macro 0.786 fib level which makes me very optimistic about this being the bottom and seeing a successful reversal. In addition to that we can also see significant bullish divergence on the daily which ranges back to December and further increases the odds of a textbook breakout which LINK tends to have especially with falling wedges (examples can be seen in my earlier charts linked below in the related ideas section).
On shorter time frames LINK is currently forming an inverse H&S which combined with the falling wedge makes for a great reversal pattern which produces consistent results and is close to completion.
LINK/USDT 1hr:
Since LINK is a long-term hold for me I usually don't use stop losses and mainly look for prices to accumulate more but for a swing trade I'd consider one slightly below the last 0.786 ping since losing that level would render it a descending triangle breakout and likely lead to a longer bear trend.
Please note that the price projection is just that and should only guide as a visual aid for the direction I expect it to go.
With staking said to release this year this looks like a great opportunity to stock up on some LINK at a discount before the action starts.
Best of luck with your trades and let me know what you think!
LINKUSD Targets, High or Low?I'm Bullish on LINK, but which way will it go in the near future? Here are my targets for the short-medium term.
Also keep an eye on BTCUSD. So long as it's above the 20 Week SMA and 21 Week EMA, LINK could be bullish, JUST so long as BTC does not move too violently to the upside or downside.
If BTC moves too fast, it may simply outperform LINK. But if LINK is given time to do its thing, it could outperform BTC in the next 1-3 months.
Use discernment
Hi everyone.
I cannot remember a single time when I sold the bottom and was not sorry letter on that I made that decision.
Double Three:
Double three is a sideways combination of two corrective patterns*, This pattern combines a zigzag (denoted wave W), followed by wave X, and ends with a zigzag (denoted wave Y)
The wave analyst should pay attention to wave W and the end of wave Y.
*Wave W and wave Y subdivision can be zigzag, flat, double three.
LINK - Long-Term Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
LINK is approaching support in green , so we will be looking for buy setups.
on DAILY: LINK is forming a wedge pattern in blue but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, LINK would be overall bearish can still trade lower inside the horizontal support in green.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
LINKUSD 13.36 - the crossing watch - buys entered for dipHere we are at the 13.36 line. I am very hopeful we all get some buying opportunities here. id love to see the 7s again. I think id start loading up at 8. Maybe a little taste at 10. So much of what is occurring is manufactured. Participate. Russia just announced a plan basically the same as what the Federal reserve wants. That at the end of the transaction is USD. The vehicle is irrelevant Like a coupon. A stock. Ukraine just legalized it in a similarly regulated way. So even in threat of war the crypto revolution is uniting. How do we appease the Federal Reserve. What if we make a house loan on staked crypto. What if we crowd fund a government. They really wont have that and we don't have the power to stop them. We have the power to make change though. I can not wait to see what is about to emerge.
XAUUSD , Gold Time to sell or buy ?Hello friends
A little about gold
As you can see in the chart, gold is currently hitting new highs in its uptrend channel
The bullish channel started at 1677$ and has continued until now
But the Channel midline , which is priced between 1850$-1870$ , will be the most serious resistance possible
In my opinion, gold can reach the midline of the canal in the first stage, and then we have to see what will happen on the roof of the canal.
⚠️ This Analysis will be updated ...
📊 #XAUUSD ( Gold spot )
💹 Time Frame : Daily
👤 Saeid.Mahbob
📅 10.Feb.22
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
LINKBTCHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. The price had a rise and then fall forming the H&S pattern. The price was rejected at the R1 line which is the resistance created. S1 is the support area. We expect it to be supported at this area and break the R1 resistance. If this happens, the price can move up to the R2 area.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
ChainLink (LINK) Buy ZoneChainLink (LINK) Buy Zone
--------------------
BIAS
Mid-Term : Bullish
Long-Term : Bullish
Risk : Medium
Overall Market Structure for ChainLink remains mid-term bullish and long-term bullish, and currently rejecting from the long-term support.
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$LINK/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 14.1 - 14.9
TP 1 : 15.3
TP 2 : 15.8
TP 3 : 16.55
TP 4 : 17.5
TP 5 : 18.6
TP 6 : 19.4
TP 7 : 20.7
TP 8 : 22.5
Stop Loss : 13.3
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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LINK (ChainLink) Weekly Trade Follow Up. BINANCE:LINKBTC has lost the gains it has made on the first half of January. We are now retesting the 4-year long trendline that has held as strong support after reversing off of the 0.236 Fib line above. We did anticipate such a move in preparation for higher highs. However, we haven't yet gotten confirmation that LINK will not break below the strong support. The current weekly candle is only one day old. Zooming in to the daily, we don't see signs of reversal either. It is crucial to see a bullish pin bar (hammer candle) before setting up for re-entry. The stop loss will be just below the 3600 Satoshi support line. Breaking that line signals that LINK is too weak to surpass the recent high of 0.236 Fib.
Current market volatility makes this trade risker than usual. Therefore, lower capital should be allocated on it. The reason is that I would not be surprised if during this week, price breaks below 3600 Satoshi and rebounds back to 4500 Satoshi above the rising trendline.
Summary:
If you're not holding a position in LINK, then wait for reversal signal.
If you are holding a position, then set a generous stop loss below 3600 Satoshi and reduce your position such that the loss is manageable. You can always re-enter this trade after we see reversal. Remember that our target is at 16k Satoshi in May or July. It's better to enter with more confidence even if you waste the perfect entry.
Good luck
LINKUSD 15 minute 2/16/22 - Waiting for the Old GuardIt is probably the most fascinating moment in my experience of economical history. very telling of our worlds Governments. Are they for us or against us. Canada once a place deemed "more free" than USA, is now trying to figure out how to control its people by limiting their money. The forced a project of fundraising to return money as opposed to supporting people who do not want vaccine. our government pulled XRP and at least for me, stole my money and potential to make money. I Have no idea what they did with my XRP. Im sure others who refused to sell also just had their account wiped. Weird. Especially when you look at Governments and their players making deals with banks. if they accept change and pivot they must see how developments like chainlink can add to oversight and offer trust for the people. The fact that we elect someone does not mean that someone has the ability of self control. A smart contract offers Mutual trust. Preset terms. and a better democracy. In my opinion this is the carrot. Democracy has not been achieved and the people in control see it rising and are afraid of the unknown. This is why they add to the unknown with confusion and distrust. We are all so fortunate to witness this point in history. Where our ancestors were used by power we may finally get the chance to wield the power and dilute its extremes to a balance.
Chainlink (LINK) Analysis | Weekly TimeframeChainlink (LINKUSD) is also one of the TOP/major altcoins within the market by capitalization and it doesn't look like it is going to go up.
There can be a bounce right away at support... Hold on, let's start from the beginning.
We are looking at the weekly timeframe/long-term chart for Chainlink vs the Dollar.
Prices are trading below EMA100/50/10.
A new high was hit back in May 2021 followed by lower highs.
The MACD is strongly bearish below zero and also below support.
Last weeks candle closed bearish after a rejection at EMA100.
This can lead to a test of the next important support level at around $12.38.
This is the Fib. retracement level 0.786 of the full bullish wave from March 2020 until May 2021.
If this level holds as prices drop, we can see a bounce (blue arrow).
After this bounce we can examine the chart again.
If the Fib. retracement level does not hold, we will see a strong crash... Maybe we will just see a long wick down and then prices start to grow, who knows...
But this is also part of the big ones, it is looking bearish like all the other ones.
Either something changes or we are getting closer and closer to the final flush.
The markets can always change.
I hope you are enjoying the content but keep in mind that I am only reading the chart.
Namaste.