#btcstarburst Are We really off TRACK?A closer look, off the track we need to be on… The gann lines may tell a different story this is just a study DYOR DCA SAFELY…??
Chainlink
Bullish for Chainlink Chainlink is at the bottom of the trend line as shown by my indicators, there should be at least a chance of ranging along the context ., Pro momentum is almost at all-time lows, and based on history it suggests that it is indeed an excellent time to buy.
Even if everyone is respecting that we will drop more, history again has shown us that crypto never behaves as we expect.
I am waiting for a FOMO rally to catch and destroy first shorts than longs :).
LINKUSD Is Finishing A Higher Degree CorrectionLINKUSD is finishing a higher degree correction, as we see it nearing strong support zone from Elliott wave perspective.
LINKUSD is trading bearish since May 2021, but weekly wave structure from the highs looks like a clear three-wave A-B-C correction within a higher degree wave IV that can find the support soon, ideally at the former wave (3) swing high and equal wave length II = IV. Recovery for wave V in 2023?
Wave C is a motive wave and it should be completed by a five-wave cycle of the lower degree, so looking at the daily chart, seems like it's now trading in final stages of (5) of C after recent sideways triangle consolidation within wave (4).
Technically speaking, we believe that LINKUSD may find the strong support between 5-4 support area, just keep in mind that bullish confirmation is only above 13 level. Invalidation level remains at 1.5.
Happy holidays and all the best in 2023!
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Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
Long Entry at Strong LT Support Zone for CHAINLINKGreetings, Snipers!
LINK has been consolidating sideways from $5.30 - $9.50 since May 2022
Two long-term trendlines from 2020 have been well-respected as support. As you know, the longer the time-frame, the more reliable the signals.
In the shorter time frame, we can trade this sideway channel:
We can take a long-entry now, at $6.00, and sell at $9.00 for a Risk-Reward ratio >3 (SL at $5.20).
If Bitcoin cannot hold the current support, we may see Link drop to the next support at $4.30.
Hope you enjoy my first post! I wish to give back to the community, more or less, after lurking around for so long :)
Happy Sniping!
LINK - The Bearer of Bad News & Great NewsLink has been hovering around the 0.382 fib retracement for quite a while, tested it 3 times, i never trust the 4th nor the 5th test on a support line.
"Stop talking gibberish and give us the bad news nah"
Bad Nus: $LINK will go down another 80%-90% :D before this bear market is over.
Great Nus: $LINK will be a $1k-$2k token at the peak of the next Bull Run.
- Weekly MACD (Bearish)
- Weekly Pekipek's Divergence BETA (Bearish)
- Weekly RSI (Neutral)
- Weekly Stochastic RSI (Neutral)
- Weekly Cipher (Bearish)
- Weekly OBV (Bearish wtf OBV r u in distribution mode?)
LINKUSDT LONGSo on LINK on the 15 minute timeframe a nice LINK entry appeared. The most recent contraction on the 4 hourly chart was on the level of 6.895, and this area could act as a value line.
An Uptrend has begun on the Super trend indicator and there is also an double bottom, Perhaps it can touch the value line again?
TP1: 6.265
TP2: 6.485
TP3: 6.703
TP4: 6.895
SL: 5.790
Don't miss opportunity for short position Chainlinkhello guys
we have a very good opportunity for a Chainlink short position
as you can see it's going to break the support level
all you need to know is in the chart
good luck
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LINK USDT TODAY TOP20 WAR BEGINSApply your own risk management.
Two entries 1st 40% second if possible 60%...
hunt the profits at any level you see convenient for you.
Green Zone for entry,
Second Green Zone is my +60% buy.
Yellow levels are targets.
I see a Wonderful opportunity in #Chain-link
have a good day guys.
Expect an increase in LINK pricesPrice broke below the support line then bounced off the 4h demand zone. I expect to see some bullish movements towards the 4h supply around $6.5 before continuing there bearish movements.
LINKUSDTHello Dear friends
In the previous rising trend, the range was completely consumed, but HH it was not formed for us.
Currently, due to the range and negative divergence of the RSI combined with the harmonic pattern, the probability of breaking the upward trend line is high.
Keep in mind that we will be issued a process change confirmation when the orders are fully consumed in the range of $6.92. The condition for continuing the downward trend to the specified range is not to consume orders in the range of $8.228.
We would be happy to hear your comments
LINKUSDT trading strategyFor the last six months, the LINKUSD price has been in a broad consolidation range of $5.5 - $9.5.
Fundamentally speaking, Chainlink was always on top of the Oracle category and has been accumulating for quite a long time now.
In our opinion, LINK will continue to consolidate in the range of 5.5-9.5 in the short term; and it can go up to 12$ or $18 in the mid to long term.
Two trading strategies can be applied here:
1. Trade the Sideway:
Swing traders can enter a LONG position at its local support of $5.5- $6 and enter SHORT at its local resistance of $9. I myself have made a limit order of buying LINK at $5.5. Hopefully, it will get filled.
2. Trade the Breakout:
For more precise decisions, traders can wait for a confirmed breakout of either side to enter a trade. This strategy will bring less profit but can give you a better chance at winning.
Choose a strategy suitable to your preferences and stick with it. Remember, always trade at your own risk, and never risk more than you can afford to lose.
#btcstarburst Chainlink Running Bull?The so far the white has marked the target… the red will be the bear… trading above the white supper bullish no worries… Below the white Fud in the market but hopeful… All lines are support and resistance. This is a Gann study always…DCA safely Link has great potential
#btcstarburst If Chainlink Breaks ? BTCIf the market moves we could see chainlink move like it has in the past… we could see many Alts take off in 2023… there could be a be changed A macro cup and handle play out… People say how ICP is so bearish well it could be… I have accumulated enough on the lower end to take the risk long term. DCA SAFELY this is a GANN STUDY
LINK: Sideways ChannelChainLink (LINK) technical analysis:
Trade setup : Price broke back below $7 and 200-day moving average and appears to be trading in a Sideways Channel ($6-8). Swing traders could trade the channel: Enter near $6 support and exit near $8 resistance. Recent rally was driven by lanch of staking service.
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $7.00, which it broke, then $6.00. The nearest Resistance Zone is $8.00, then $9.50 – $10.00.
Link 8HRising wedge under the important resistance zone, a good setup for the short position.
#link
#chainlink
LINK.Usdt (Y22.P4.Video1). More to go?Hi Traders,
Part 2 of the previous POST, link provided below.
Another crypto giving not much clues or clear trading possibilities in the short term but might be better on the bigger macro as to what is happening.
Hope it helps you make some decisions.
All the best,
S.SAri
LINK MAJOR ACCUMULATION HAPPENING!LINK has been in a major accumulation zone since May 2022. The range is currently between $5-$9. Once this range is broken with a bullish continuation PA we can say goodbye to these levels. I believe most of 2023 we will play around with the highs of these levels if we do manage to breakout but this is clearly institutions loading up their bags and waiting for the market to move up. If we break below, this will be an absolute massive resistance to try and break through. The volume at this level is huge. Let us see how the next few months play out.
Love it or hate it, hit that thumbs up and share your thoughts below!
Every day the charts provide new information. You have to adjust or get REKT.
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
This is not financial advice. This is for educational purposes only.
$LINK - THE DAWN BEFORE THE STORM$LINK - REJECTION. (2D CHART)
After a good move from $6, we rejected at the original break down level.
Will ChainLink finally head to the Gray Support Box?
$3.5 - $5 is were the real buying opportunities of a lifetime are for #LINK.
$LINK to 6.40 $ USD?I have found a Rising Wedge in the Link/USDT pair with base targets
1️⃣6.89🎯
2️⃣6.67🎯
3️⃣6.40🎯
4️⃣6.03🎯
$LINKUSDT UPDATE!!!Hi Snipers,
Please refer to the recording for the next price levels and scenarios.
Thanks
MS
LINK into an OBLINK is currently into a 15min OB I identified weeks ago. RSI and OBV show signs of bearish DIV but I think that we can't rule out the possibility that BTC goes up to 17.9-18K before dumping again. If this happens LINK might take the green path, if BTC stops around 17.5-17.6K then yellow path is more likely.
LINK is currently ranging between those two dashed lines, it has been ranging since beginning of June so to pump on HTF I'd expect a sweep below the lower liquidity line and then a spring effect.
Please be aware that I just speculate on the possible path, not the timing.
Use SL when margin trading!
Good luck!
LINK - The Castle Is Standing Strong! 🏚Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
LINK has been stuck inside a big range in green between 5.0 and 10.0
And as per my last analysis (attached below / related ideas), we know that now the bulls took over from a short-term perspective after breaking above the orange zone.
What Now?
As LINK retests the orange zone, we will be looking for short-term trend-following buy setups.
For the bulls to take over from a long-term perspective, we still need a break above the upper bound of the range and round number 10.0
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Chainlink on the vergeThis is a follow up to the TA below. Have a look at that one first .
So here we are a month later and Chain Link is on the verge of a major relief rally with only 48 hours from a massive weekly and monthly. My predictions so far spot on .
Let's take a look at the structure on the weekly and monthly
The weekly has been making lower highs since June and the monthly is looking to close really strong with a massive wick , showing real strength.
LMACD printing two light reds on the histogram showing momentum is moving up for LINK , keep in mind we still have 48 hours to confirm this signal .
The LINK/BTC dominance chart that uncovered all these amazing LINK fibonacci time sequences has still a 100% win rate, check the TA below .
Which was in a ascending wedge which turned into a descending wedge that has currently broken to the upside .
Once LINK breaks this blue dotted line things are going to get really interesting for LINK and for the last piece of update and by far the most important one in my opinion is the USDT dominance chart.
When I say LINK is on the verge of a rally I mean it , not just LINK but the crypto market as you can see we were in a rising wedge that has broken down, a few weeks back i published this TA detailing how USDT would move.
It was pretty close in fact the movement was pretty much the same, it was just it on the 0.618 Fib time instead of my prediction of 0.5 Fib.
So at the moment we are currently sitting on the last support for USDT , if we break this the crypto rally will officially start.
Just look at the reaction this white support line has , keep in mind this line has been there since Jan 2022.
Amazing reaction , once this breaks and closes under on a weekly we are good to go for 120-200 days before a massive crash comes in.
So far everything is unfolding as predicted , the cycles are repeating , the bottom is already in and has been for months. Most traders are still looking to short the market while here we have been stacking for months at these prices.
There was plenty of hard evidence that the bottom was in take a look below
And now Bitcoin will be printing its first colour change the LMACD histogram (confirmed in 48hours with monthly close)
Beautiful , no words to describe just take a look and sit back in disbelief because not only are we doing the same thing as other cycle bottoms we doing it in pretty much the same time frame.
So whats next? If i’m correct what happens next is the following
Relief Rally to 0.618 or top of the channel
Sometime July 2023 possible massive flash crash
Then only up till next cycle top sometime 2025.
