Chain Link BTC Pair Upcoming MovesChain 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.
LINKBTC
LINK SHORT AND LONGLINK made a good move in short term , and closed above EMA 200 , wait for broke the main trend to continue bull run
only touch the price that's not a signal to enter its should be close above the 20$ in 4H
DRS
LINKBTCWatch out LINKBTC closely , Facing Multiple resistance levels, I expect it to cross this week or next with volume as it is most underperformed in crypto markets.
LINK BTC DAILY`LINKBTC Facing strong resistance around above area , once crossed might move towards new high in current Altcoin rally.
💡 Don't miss the great buy opportunity in ChainLink/BitcoinTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.000406). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ChainLink/Bitcoin LINKBTC is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 57.
Take Profits:
TP1= @ 0.0004725
TP2= @ 0.0005323
TP3= @ 0.0006178
TP4= @ 0.0007162
TP5= @ 0.0008653
SL= Break below S2
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💡Don't miss the great buy opportunity in LINKBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.000386).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. LINKBTC is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 30.
Take Profits:
TP1= @ 0.000471
TP2= @ 0.000566
TP3= @ 0.000675
TP4= @ 0.000870
TP5= @ 0.001026
TP6= @ 0.001250
TP7= @ 0.001458
TP8= @ 0.001676
SL= Break below S2
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LINK DAILY CHARTOn Daily charts inverted head and shoulders pattern formed, in my opinion this is bottom for short term, Can buy with Bottom as stop loss and can build long positions .
Two buy opportunities on this chart for LINKBTCMid-Term Forecast
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00110).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. LINKBTC is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.
Take Profits:
TP1= @ 0.00139
TP2= @ 0.00153
TP3= @ 0.00169
TP4= @ 0.01153
TP5= @ 0.01360
SL= Break below S2
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Short-Term Forecast
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.00114).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. LINKBTC is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 52.
Take Profits:
TP1= @ 0.00129
TP2= @ 0.00139
TP3= @ 0.00153
TP4= @ 0.00169
TP5= @ 0.00192
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
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Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
LINK/USDT Bull Flag/ Channel Formation-LINK/USDT is forming Bull Flag/Channel.
- Volume is following the Bull Flag/Channel decreasing volume with Price which indicates Moderately Bullish & weakening downtrend.
- Sell Pressure is good bulls waiting for bears to exhaust.
- RSI is giving early sign of breakout but for confirmation we need candle close.
- If this pattern plays out and it break out, expect a rally to form new HH.
Long link btc buy 5600 sell 6800 to 7000 stop loss 52006242 nd 6400 are key resistance level.have behaved quite well at 5600 nd 5200 as key support level. Highly undervalued .good fundamentals.
