📈 #LINKUSDT Analysis — Testing Channel Breakout
🗓 Published: April 23, 2025
🕰 Timeframe: 1D | 📊 Exchange: Binance
🔍 Technical Overview
Chainlink has been trading inside a falling channel since December 2024, with lower highs and lower lows. Price is now attempting a breakout from the upper trendline, signaling a potential trend shift.
📌 Pattern: Falling Channel
📌 Attempting Breakout at $14.79
📌 Support base held well at ~$12 zone
📈 Break + Retest = Key Confirmation Setup
🟩 Potential Entry Zone
📍 $12.55 – A strong support and re-entry zone if price rejects the first breakout attempt and retests.
🔻 Panic Level (Invalidation Zone)
📉 $9.5 – Breakdown below this level would invalidate the bullish setup and may trigger a sharp sell-off.
🎯 Upside Targets (If Breakout Confirmed):
TP1: $15.67 – Local structure resistance
TP2: $18.85 – Range mid-point
TP3: $22.37 – Channel high
TP4: $27.07 – Full recovery zone
TP5: $30.76 – Last breakout top
Ultimate Target: $35.19 (Cycle top)
⚠️ Targets should be scaled into — not all at once
🧠 Strategy Insight
This is a classic breakout-retest setup from a falling channel.
🟢 Ideal strategy: enter small now, add on retest of breakout line (~$13–14 zone).
Use tight stops under $12.14, or wider structure-based stop under $9.42 for position trades.
📊 High reward if trend shift confirms. Patience is key.
🗣 What’s Next?
Watch for volume on breakout, and monitor if BTC remains strong — altcoins like LINK can quickly outperform if the setup holds.
📢 A key decision point. Don’t chase — plan your risk and let price prove the breakout.
Please keep in mind that this is not financial advice and the purpose of these charts is to provide an idea of coin movement, not buy or sell signals. The cryptocurrency market is highly volatile and not suitable for everyone, so be aware of the potential risks before making any investment decisions. The information presented here is a personal effort and is subject to success or failure, and we welcome constructive criticism.
Good luck to all.
🙏we ask Allah reconcile and repay🙏
🗓 Published: April 23, 2025
🕰 Timeframe: 1D | 📊 Exchange: Binance
🔍 Technical Overview
Chainlink has been trading inside a falling channel since December 2024, with lower highs and lower lows. Price is now attempting a breakout from the upper trendline, signaling a potential trend shift.
📌 Pattern: Falling Channel
📌 Attempting Breakout at $14.79
📌 Support base held well at ~$12 zone
📈 Break + Retest = Key Confirmation Setup
🟩 Potential Entry Zone
📍 $12.55 – A strong support and re-entry zone if price rejects the first breakout attempt and retests.
🔻 Panic Level (Invalidation Zone)
📉 $9.5 – Breakdown below this level would invalidate the bullish setup and may trigger a sharp sell-off.
🎯 Upside Targets (If Breakout Confirmed):
TP1: $15.67 – Local structure resistance
TP2: $18.85 – Range mid-point
TP3: $22.37 – Channel high
TP4: $27.07 – Full recovery zone
TP5: $30.76 – Last breakout top
Ultimate Target: $35.19 (Cycle top)
⚠️ Targets should be scaled into — not all at once
🧠 Strategy Insight
This is a classic breakout-retest setup from a falling channel.
🟢 Ideal strategy: enter small now, add on retest of breakout line (~$13–14 zone).
Use tight stops under $12.14, or wider structure-based stop under $9.42 for position trades.
📊 High reward if trend shift confirms. Patience is key.
🗣 What’s Next?
Watch for volume on breakout, and monitor if BTC remains strong — altcoins like LINK can quickly outperform if the setup holds.
📢 A key decision point. Don’t chase — plan your risk and let price prove the breakout.
Please keep in mind that this is not financial advice and the purpose of these charts is to provide an idea of coin movement, not buy or sell signals. The cryptocurrency market is highly volatile and not suitable for everyone, so be aware of the potential risks before making any investment decisions. The information presented here is a personal effort and is subject to success or failure, and we welcome constructive criticism.
Good luck to all.
🙏we ask Allah reconcile and repay🙏
Note
The Retrace leg, almost done Analysis is still valid Note
👋 Be a trader, not a gambler, by following risk/capital management!!
🎉Get Your Discount Today! (Limited offer)
t.me/PCS_Signals_Results/6922
We ask Allah reconcile and repay ❤️🙏
🎉Get Your Discount Today! (Limited offer)
t.me/PCS_Signals_Results/6922
We ask Allah reconcile and repay ❤️🙏
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
👋 Be a trader, not a gambler, by following risk/capital management!!
🎉Get Your Discount Today! (Limited offer)
t.me/PCS_Signals_Results/6922
We ask Allah reconcile and repay ❤️🙏
🎉Get Your Discount Today! (Limited offer)
t.me/PCS_Signals_Results/6922
We ask Allah reconcile and repay ❤️🙏
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.