Overview
Over the past 500 days, BINANCE:LINKUSDT has exhibited a distinct sideways to downward trading pattern within the range of $8 to $4. This prolonged consolidation phase has been characterized by relatively low trading volumes. This consolidation phase is significant as it often precedes a substantial price movement, potentially in either an upward or...
#LINKUSDT I can see a bullish symmetrical triangle in Day time frame , already it is in a bullish uptrend so if we saw any side movent this chart may be help full for you
next target is 10 $ ....What is the Parabolic Candlestick Pattern?
Parabolic arc chart patterns are classical formations that signal the possible reversal of a bullish trend. The pattern is named after the “parabola” geometric shape, a curved line with an upward trajectory.
Trading Setup:
A Trading Signal is seen in the LINKUSDT Chainlink.
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 5.615
⭕️SL @ 4.980
🔵TP1 @ 7.357
🔵TP2 @ 8.507
🔵TP3 @ 9.770
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas,...
Chain Link BTC Pair Upcoming Moves covered which seems to be best buying area for long run also. Detailed analysis discussed on CITA platform inside Investment Journey.
After the bulls lost the $25.75 level, selling pressure increased. As a result, the LINK fell to a 14-month low on January 24. However, the bulls finally appeared at the $11.3 level, and the alt has gained more than 50% since then.
Bullish Scenario: LINK broke the bearish downtrend line on the lower time frame like 4hour(4H) and is trading above the support zone...
On the Monthly timeframe, Chainlink #LINKUSD is attempting a breakout.
For any further upside continuation, it needs to breakout of the upper resistance line, retest it and then continue.
chainlink is on of the biggest blockchain crypto which is still undervalued i think chainlink can give huge returns in upcoming two months
chainlink is sitting at 3 year old trendline which is never broken i think its good time to buy not financial advise do your own research
chart information r
1 Red line is stop loss
2 Green line is buying zone
3 blue...
1/ Chainlink price might be setting up an equal low, which could be a potential bottom in formation.
2/ On the other hand, we might get a sweep of the lows, which is also a step that forms a potential bottom.
If 1 or 2 does occur, it's an indication of a shift in trend to the upside.
Personally, waiting for confirmation after a close above $28.70.
As...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (23.00).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. LINKUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
Currently, the price is $24.15. In the early hours, the price began to drop from the latest high of $32.7 to its current state. If the current trends continue, the price might stumble down further and hit $24. However, if it grabs some bullish candles, the price may hike to $36.25, continuing the existing pattern. RSI is dropping substantially.
The resistance...
- Chainlink price shows a successful flip of the $30.79 resistance into a support level.
- The retest of $30.79 adds credence to the upswing narrative and promises a 25% rally to $42.88 with a brief pause at $36.34.
NFA. DYOR
After moving in a parallel channel for the last few days, LINK is now waiting for a breakout. Enter after breakout for confirmation.
Educational purpose only - trade at your own risk.
Good luck.
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (28.18).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. LINKUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
