LINKBTCHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for LINKBTC
Based on our previous analysis on August 13, we predicted a falling trend and now you see that the prediction came true and one of our targets is hit. In this chart, we have R2 and R1 as our resistance areas and both contain the disability of the price to rise. And S1 used to be a resistance area. Obviously, we have the price fluctuating in S1 and we expect a little decline for it to reach the bottom of this area. Then here by receiving some confirmation candles in order to rise, we consider the long position and for sure the price will face an increase to R1. Even it my happen that the price loses the support and start a falling tend below S1.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
LINKBTC
LINKBTC
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for LINKBTC
In the present chart we have R1 as the resistance area which represents the unsuccessful attempts of the price in order to rise. R2 used to be a support area and even S1 is our support line that shows the support of the price at some points. Here we have the price fluctuating in R1 and we predict it to have a decline to S1 and by making sure through some confirmation candles, we expect a rise for the price over R1 and toward R2. R1 is considered a good area for placing sale orders and S1 is good point for having purchase orders. Please consider your stop loss and enter trading with some confident signs.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Chainlink (LINK) - August 10Hello?
Welcome, traders.
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Please also click "Like".
Have a good day.
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(LINKUSDT 1D Chart)
Primary resistance: 9.731
Secondary resistance: 11.064-11.976
Support: 7.411-8.290
If the price holds near 8.290, I would expect a breakout attempt to move above 9.731.
When it falls below 6.7, Stop Loss is required to secure cash.
- Since the RSI and Stoch RSI indicators are entering the overbought zone, it is necessary to check where support and resistance are found when the RSI and Stoch RSI indicators break out of the overbought zone.
Therefore, you need to make sure it is supported in the 7.411-8.290 section.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
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LINKETH - MONTHLY BREAKOUT (LONG) $LINK Chainlink $LINK has broken out of a brutal downtrend against Ethereum $ETH. LINK has been bleeding against ETH since August 2020 and finally looks ready to breakout of the trend and hopefully go to new ATHs. Link was the star of last bear market, and as we head into poor macro conditions, it looks like history may repeat itself. LINKETH is also sitting on major support and I'm fairly confident that it will hold strong. This could be another fakeout like we saw a few months ago - but I'm optimistic LINK will start outperforming soon regardless. During the mania phase, the market greatly over valued various L1s, meme coins, metaverse, governance tokens, etc. Its time for a return to normalcy and for only the strongest projects to survive/thrive.
Chainlink (LINK) - June 13hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(LINKUSDT 1W Chart)
11.31 and below are likely to be mid- to long-term investment areas.
Therefore, it is important to be able to climb to the 11.31-14.49 section.
(1D chart)
In the short-term and medium-term perspective, it needs to move above 7.72 and find support to turn into an uptrend.
However, as the 11.31-14.49 section is the section that determines the trend, it is expected that the upward trend will continue when it rises above this section.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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link.the same as all the other coins,
link put in a clean 5 waves up, and has since put in 3 waves down.
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i'm starting to like the idea that the move down from the highs was only the first of three larger legs.
in this case, it came down in a simple zig-zag, so i'm going to be labeling this abc as wave (w).
wave x usually retraces 0.50% of the entire drop, but it can go to the 0.618~0.65% as well.
wave y will drag out into 2023, where it will find a bottom most likely closer to $1.22.
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w-x-y, is nicknamed a double combo, and it consists of three zig-zags (it can also become more complex, and have smaller double \ triple combos within it).
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risk management is your #1 priority, everything else should come second.
💰