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4hrchart

potential 4hr chart ascending triangle bull pennant. Target 1.544hr chart bullflags will get nullified way more often than ones on the 1 day time frame or bigger...however considering we will likely trigger the larger timeframe inv h&s pattern that had a target of $1.48 I could see this 4 hr chart pattern playing out rather well despite the higher percentage of fakeouts or nullified bull pennants we find on the smaller time frames. Of course either outcome is possible until we confirm a break one way or the other but probability currently favors the bullish outcome. *not financial advice*
KRAKEN:XRPUSDLong
by DrDovetail
LINKUSD 4HR Plan, NeutralBreakout played out similar to what I thought it would, albeit a few candles later than I thought. Breakout was very strong though(Grayscale announcement). I expect a retrace to the .618 area which would be around $29. That area should hold considering the strength in the market right now. Dips are being bought with ferocity. Not sure why that would change now. If we hold the .618 I personally expect fireworks and to test ATH within a week. If it breaks down then I will just watch BTC to help predict my next entry. As always, this is just what I am thinking. I personally day trade based on this data, I scalp in and out a few times a day. I can have as many as 70 trades in a day on active days or less than 10 depending on volatility. I have a day trading account account(several) and then my HODL bags I do not touch, EVER. I see people all the time trading and losing coins that would bring better gains just HODL'ing for a year(more preferred). STAY SAFE **I can chart anything by request as well, using any Indicator/trend analysis you desire. Just shoot me a message. I post LINK because I personally hold 20,000+ on my cold wallets. I believe in the project and it is just getting started
COINBASE:LINKUSD
by greatnewtini
BTCUSD threatening a h&s breakdown to 47kwere this to happen it would still not break the bullish momentum as 47k is still just a higher low on the daily chart. I would have to dip below 42900 to form a lower low, so this pattern can very likely validate and price action drop to even as low as 43 k and we would still continue to be bullish. I wouldnt be alarmed unless I saw price action below 42.9k I will be accumulating if it does breakdown *not financial advice* , Also all the bullish patterns ive posted in the recent week are still all valid we are just seeing a pullback on the way to their targets which is a normal and pretty common occurance.
GEMINI:BTCUSD
by DrDovetail
2
LINKUSD 4HR Plan, Long?We see what was expected, a down trending channel. We see a lower and lower low on both the RSI and price chart suggesting continuation. So let's long it! In all seriousness, I am neutral here. If we can find support in the zone and bounce at this historical support then I expect a decent bounce. If we lose this support then we should see continuation to the $26.5 area to try to find support. We all know if it doesn't find support by the time the Asian market takes hold then down we go! As always, wait for confirmation candles to print before forming biases. Be safe friends!
COINBASE:LINKUSD
by greatnewtini
4
LINKUSD 4HR Turning PointLINKUSD broke below middle channel support and below RSI support in the last 24 hours. We saw major volume on the sell side. $Link is now at a great support zone being at the bottom of the channel which also coincides with the lower Bollinger band. RSI also shows signs of reversal. I looked at the Heikin Ashi chart which also already shows RSI reversal and is currently printing a reversal candle. We will know by lunch today if we see bearish continuation, or what I think will happen is a reversal.
COINBASE:LINKUSD
by greatnewtini
LINKUSD 4HR UpdateLINK's selling pressure has been furious. We have seen some high volume showing strong conviction over the last 24 hours. If we can hold the bottom of the channel, which it looks like we might as it also coincides with the bottom Bollinger band, I expect a green day today. RSI broke well below support but is showing signs of a reversal. Heikin Ashi, not pictured, already shows a reversal on the RSI and is currently printing a reversal candle on the 4HR. We will know before lunch what is happening
COINBASE:LINKUSD
by greatnewtini