LINKUSDT trade ideas
Linkchain LINKUSD- All set for a New ATH!Things to Note:
1. Bullish Market Structure- Printing HH and HL
2. Price forming an Ascending triangle pattern
3. Volume is low atm but it should expand at the BO
P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk
Link Journey to 35 dollars Link is supported well at horizontal demad zone
Have cloud Support and MA50 support too
Consolidating volume showing growth prospects
I have depicted the journey of link to 35 in weeks or months with support and resistance in this chart.
Follow it
💡Don't miss the great buy opportunity in LINKUSDTrading 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 support.
. The RSI is at 56.
Take Profits:
TP1= @ 31.86
TP2= @ 34.25
TP3= @ 37.05
TP4= @ 41.00
TP5= @ 45.00
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! ❤️
💎 Want us to help you become a better Forex trader ?
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 ❤️
Analysis LINKAccumulation within the symmetrical triangle.
My feeling refers to the idea of a strong rise for the next few days, but if the break in this pattern goes down, the bullish study is not feasible!
LINK Price May Soar Above $30.50Chainlink price traded at $28.55 with a loss of 2.86% in the last 24-hour and 4.15% up in the weekly time-frame. In contrast, the market capitalization stands at $11.858 billion. Technically, investors can perceive a positive crossover in SMA. Moreover, the movement of price can be towards the resistance of $30.25 .
Resistance: $30.25
Support: $26.50
LINK is showing strength - breakout from symmetrical triangleLINK has given a breakout from symmetrical triangle pattern in 1H timeframe for a target of 28.25 in the short term. Let's see how the view holds.
Disclaimer: - These views are for educational purpose only and not a recommendation.
LINK consolidating in symmetrical triangleChainlink is consolidating in a symmetrical triangle pattern and waiting for a breakout/breakdown. Let's see what happens.
institutional Buyers and Sellers, wolves in sheep's clothingHello from Argentina,
It said that institutional BTC purchases don't affect BTC price on the open market, I would imagine that this can only be done to a certain extent, there must be a point when institutional buyer will not be able to keep purchasing BTC without spiking open market BTC price; when do you guys think this will be???
On the other hand, let's imagine institutions star selling off their BTC at once, will it plunge BTC open market prices?? No one talks about these two things, nor about the real possibility of total crypto market manipulation, since there is no law against cartelling on crypto world, can anyone care to comment on these two subjects?
Thanks
