LINKBTC trade ideas
LINKBTC bounced on a daily support 🦐LINKBTC bounced on a daily support and the price is testing 0.5, 0-618 Fibonacci level.
IF the price will break the descending channel, According to Plancton's strategy, we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Dow three market phases on CHAINLINK.The primal trend based on the weekly chart is bullish
The second trend is bearish since the price is down-trending
The third trend is bearish as well
LINK BTC THIS ANALYSIS IS BASED ON LEVELS ...IF DAY CANDLE CLOSES ABOVE THE MENTIONED LEVEL THAN U CAN TAKE ENTRY ...
LINK/BTCI'm long from 97k sats if you guys want to go long wait for daily / weekly close on top of S/R...
L i n k / B T Cwill try to long as close as possible to the red line (maybe i will miss the move
(SPOT)
LINKBTC MOVES DOWNThe exact day when BTCUSDT reached its 2020 high (16 Aug), LINKBTC has started its downtrend. This trend seems to be fit well in the channel as the chart presents. If the price do not penetrate the trendline and falls again, we will see the LINKBTC price around the channel line during a few days ahead with some probable pause and retracement on sup/res lines. By the way, an increase in volume around the trendline make sense!
LINK BULLRUN CONTINUESNot so much to talk about the best Crypto project i've been into for a long time now, I don't see a point whereby we'll talk about Link's downfall! The chart says it all, 4 Swing positions you can hang on.
ENTRY - 0.00091898
TARGET 1 - 0.00101448
TARGET 2 - 0.00107947
TARGET 3 - 0.00122092
TARGET 4 - 0.00153821
SL - SUPPORT - 0.00080301
TREND LINESTHIS IS A BASIC CHART
IM JUST TRYING THINGS OUT TTO SEE WHERE THIS MAY LEAD IN A DAY OR SO
LINKBTC reaching its short term resistanceAfter peaking vs btc link has been on a downtrend where spikes 38%/42% moves are met with similar declines, depending on the global macro outlook which should remain volatile heading into the election, expect anothe leg lower on linkbtc.
Comments are welcome!
$LINK definitely buying at the current level or the next drop !Hello crypto friends and link marines,
I believe $LINK is entering a strong oversold territory and due a strong bounce here or at the .236 fib level.
Previous fractals have shown a tendency to re-test the last fib before putting in a new wave taking the previous highs.
If this repeats, it means that the number of the beast is a great number to load up on $LINK.
If $LINK gets anywhere to $7 to below $6.67 I will definitely get interested, a equivalent range in BTC suggests .000667-.00063 this is where I believe a lot of bulls will step in.
This, if $BTC does not bounce here (which I do not expect) but if it does, $LINK might pump hard !
Will update soon,
Follow and like if you're pleased with this content.
Have a good one !
LINKBTC Time to start buying in two stagesUnfortunately a lot of traders rushed into LINK and bought the August top when in fact there was no confirmation on the long-term charts (1D) neither from the MA200 or the RSI. What do I mean by that? Traders who follow me know that I've been a LINK buyer for a few years now but only on the right levels, as I've been posting on my studies, including those below:
As seen on the chart, every time LINKBTC makes an All Time High ( ATH ), the price pulls back below the previous ATH and touches (some times marginally breaks) the 1D MA200 and then rebounds to make new ATH. The sequence has been repeated several times since 2018, solid enough to make it a reliable pattern. However on the High of July 17, the price rebounded without touching the previous ATH of 0.000566 nor the 1D MA200. So there is a gap to fill there and in fact currently is getting too close to the 1D MA50. Whether it rebounds there or actually touches the ATH too, we can't know, but both definitely make low enough levels to buy. On top of that, the MA200 bottoms have coincided with bottoms on the RSI. As you see the RSI is currently on tha clear Buy Zone.
Take advantage of the above factors and jump on the wagon on time for the most optimal risk/reward ratio.
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$LINK - I think the purple line is decision timeI have my eye on the purple line. Expect bearish continuation up to this point, these mid-bull-move levels don't tend to hold up well as support.
The levels at the start of the bull move, you'd think would be interesting to traders and may be where buyers would start to come in again.
If I saw a bottom forming here and $BTC was behaving itself - say, in November after the election shenanigans - and market weather looked OK, I might consider picking up a bag with a stop loss.
The thing about LINK is that, market cycles notwithstanding, there are a lot of wierdos who are obsessed with it since day dot, and that generally means another run in future.
LINKBTC IDEAI think LINK is re-testing it's long term trendline on weekly time frame.
Rsi is sitting on its own trendline. I expect a bounce from here if BTC remains calm (which is not looking good).
Not a financial advice. Just my two cents.
LINK - downtrend with support levels identifiedLINK is selling off after a great run. Looking at the levels identified in blue.
It’s enough for now to $LINK VS #BitcoinSell after daily close under the entry
Your target is on the chart as well as your Stop loss
Good luck mate
