Chainlinkusd
Heiken Ashi Reveals Strong Momentum In ChainlinkThe ATH has been defended by bears... but this only makes the bull run sweeter. Applying a Heiken Ashi chart reveals the current positive momentum on the monthly chart. Soon enough we expect traders taking long positions as LINKUSD enters new price discovery mode.
CHAINLINK / USD (LINKUSD) DailyDates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
This is not trading advice. Trade at your own risk.
LINKBTC CHAINLINK INVERTED H&S PRIMED FOR SHORT-MID Sorry to keep it short & sweet with another quick 2 publications today! I promise I"ll make a nice fat juicy/lengthy one tomorrow :)
TIMEFRAME: Mid.
RiSK/REWARD: LOW/MID
Everything you need to know is on the chart including the stop (included 2 figures)
Personally I'm going for TP2; CHAINLINK has been and will be one of the more promising tokens ushering in 2021 & is (much like MIOTA/CARDANO) one of those "game-changing" tokens that burst onto the scene & quickly breached the top 50 mkt cap....and became self-evident it was there to say.
Not posting any stonks (not anytime soon) publications so don't hold your breathe though I will include XAU/XAG LONGs when I can catch a breathe FFS (or some sleep =*( )
Peace & Love
-@a1mtarabichi
Disclaimer
These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.
LINKUSDT (ChainLink), short to 3.666, 3.617.Hi, friends. Today i want to analyze ChainLink. Picture simple with bitcoin situation. We have big volume of newly open positions above 3.83 and involved bulls with closing after. Targets for bears 3.666, 3.617.
Levels thanks to X-Lines indicator. Volume analyze with X-Volume script.
Waiting your likes!
Chainlink: Bearish Pattern and Divergence 4H (Apr. 27)X FORCE GLOBAL ANALYSIS:
In this analysis, we explore the extremely bearish technicals demonstrated in Chainlink's (LINK) short term charts.
Technical Analysis
- The first thing we can spot is a bearish divergence, in which prices create higher highs and indicators create lower highs
- The Relative Strength Index (RSI) shows a clear lack in strength with lower highs
- The Moving Average Convergence Divergence (MACD) also shows lack of momentum with lower highs
- We can see a textbook ascending wedge pattern, which is interpreted as a bearish reversal pattern in an uptrend
- Counting Elliott Triangle Waves (ABCDE), we can see that wave E has completed its formation, and we can expect a breakdown
- Bollinger bands are narrowing, which is a sign of a potentially big move.
What We Believe
Based on the bearish technicals suggested, we believe that Chainlink's bearish probabilities are extremely high for the immediate term.
Trade Safe.
LINKUSD: Scalp LongCaught a little short from $3.82, thinking about long now. New range low is around $3.5, set bids there.
Link is bullish, further downside is possible but highly unlikly (at least with the current BTC PA)
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Information is just for educational purposes, never financial advice. Always do your own research.
LINKUSD: POP Strategy is up 60%+ and still holdingI'd like to note that my Pop strategy is up 60%+ to date and 120%+ year to date.
Drawdown is just ~4%! But the number of trades in 4 months is relatively small too.
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Information is just for educational purposes, never financial advice. Always do your own research.
LINKUSD: Scalp shorting bullish trend It's on resistance and so on but this steady growth is so bullish that I want just to smash GREEN BUTTON to join linkmarines army hehe
Ok, don't be short here, but I'd like to try to catch a wick into $3.8 - $3.9 zone and open scalp short.
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Information is just for educational purposes, never financial advice. Always do your own research.
LINKUSD: Approaching resistance [again]Duh, was going to buy it yesterday (as I described in my idea) but I was aiming for $2.9-$2.8 and price missed my bids = [
What we see on the chart, price still moving in channel $3.4 - $3 (12%), good range for scalps.
But I'm just observing now, honestly I'd be better short $3.8 (or $3.6 at least) now than 3.4. I think if link will close daily above $3.5 if could try $3.8 with a big chance.
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Information is just for educational purposes, never financial advice. Always do your own research.
LINKUSD: Long Support ~$3 LINKUSD is testing support for a second time, I think it looks strong in comparison with many alts overall. Thus support should hold a second time even if BTC fails to $6400 (it looks weak now)
I plan to long it a little lower around $2.9 - 2.8 because of wicks (to avoid stop hunt).
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Information is just for educational purposes, never financial advice. Always do your own research.
Price-Volume & Price-RSI DivergenceThere's an incoming price reversal, as the rsi, bollinger bands and volume suggest that the trend is coming to an end. A clear Price-Volume & Price-RSI Divergence has emerged on the 1H & 4H time frames. In addition,the RSI is extremely overbought on declining volume. Looking to re-enter on a price decline into previous support-resistance (2.41 or 2.61), however, the lower the better.
LINKUSD: Trying to pass $3.4 resistanceLINK respects the range well, bounced from $3 as expected and test $3.4 one more time, but without success. And it make sense to expect it to test the range bottom at $3.
I'm here more bearish (only short term) than bullish. But if BTC will break $7000 Link definitely will follow.
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Information is just for educational purposes, never financial advice. Always do your own research.