CHAINLINK long setup / Bulls or Bears, Tell me in CommentsBINANCE:LINKUSDT
COINBASE:LINKUSD
Hello Traders
💥Long position on LINK
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
10.62
10.72
10.85
10.94
11.08
11.20
🔴SL:
9.99
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
Chainlink
LINK : MASSIVE Profits Possible from THIS ZONEA Bearish Head and Shoulders pattern formed in the weekly, and we're not quite out of the woods yet - usually, a H&S retraces all the way back to the bottom of the left shoulder. In this case, it falls exactly at the ideal buy back zone:
It's good to see that the trendlines are moving CLOSER together - if you look at historic prices, this usually precedes a time of range trading, followed by another impulse wave up. The wider the trendlines are apart, the stronger the sentiment (bearish if under, bullish if above):
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BINANCE:LINKUSDT
Chainlink: Take-off! LINK shot upward last week and was thus able to leave our turquoise Target Zone (between $8.20 and $10.90). We expect the turquoise wave 3 to lead above the resistance at $20.85. However, a renewed dive into our Zone within the internal substructure is quite conceivable in the short term, which is why we continue to keep it active.
CODX, LINK, EHTH, UA, MIGI and EVRI. Huge upward potentialFED is expected to start to cut rates in September and smart money will start to find alternative investment vehicles to put their money in. These stocks are showing good potential. I already have positions in all of them but still may add more to my positions.
Disclaimer: Not financial advice. Do your own analysis and research.
LINK Aims Higher!Currently reclaimed the previous week POC & VAL. I am expecting high prices to come. First target is the PW-VAH then the previous week high.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
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This is not financial advice. This is for educational purposes only.
CHAINLINK: A Decisive Point!ChainLink (LINK) is currently at a decisive point. The current price of $10.27 is right at the support trendline. If it breaks below this support (the blue box), it is likely to face a further downtrend to $4.58.
If this support holds strong for LINK, it could soon rebound toward $18 and potentially initiate a higher rally.
- Important Support: $8-$10.
- Lower Support: $4.58.
- Resistance: $18.
Make sure you do your research and analysis before investing.
Trade safely
Regards,
Team Dexter.
#ChainlinkBUILD #cryptocurrency
Breaking Above the Resistance LevelLINK is currently within a range where a key resistance level is identified at $11.12. This level acts as a critical resistance, and breaking above it could indicate the return of buyer strength and the beginning of a new upward trend.
Potential Scenarios:
Breaking Above the $11.12 Resistance:
If the price can break above the $11.12 resistance level, this move could lead to an increase in price, reaching higher levels like $12 and $14. These levels are considered potential targets for an upward move.
Failure to Break Resistance and Price Reversal:
If the price fails to break above the $11.12 resistance, there is a possibility of a return to lower support levels like $9 and $8.49. These areas serve as key levels to support the price against further declines.
Chainlink: Let’s go!LINK dropped significantly in the last seven days and even briefly undercut our turquoise Target Zone (between $8.20 and $10.90). However, as it was able to turn around quickly and only undercut the range by less than 1%, our count remains intact. We now see the turquoise wave 2 as completed and expect an upward push above the resistance at $20.85 in the further course. Investors could open long positions within our Target Zone. Stops could be placed around 1% below the lower edge. Should the bears push the price significantly below the Zone (37% likely), we will have to anticipate a lower low of the turquoise wave alt.2
Chainlink Business As Usual It might seem like a shock for most that Chainlink had this big move down, but if you have spent a lot of time studying Chainlink's last cycle, you would know that this is business as usual.
The fact that Chainlink had this move has made me more bullish than ever. We are currently 64% down from March 2024. Crazy? I think not.
71%
71%
62%
44%
These are all the corrections Chainlink had during its last cycle to its all-time high.
All we are doing is a back test to this previous range. Chainlink was doing the same thing last cycle.
If we overlay the last cycle over this starting from wave 5, we can see that we have had a crash during the same time of the cycle as we did in March 2020 (Covid). Crazy.
I would not be surprised if Chainlink closed above $11 by the end of the week, just above the 1:1 Gann Fan, and started a V-shaped recovery, marking the bottom. There is a very high chance.
Once again, my time fibs hit right on the money. The blue fib marked the bottom, and the yellow marked the top!
**Next date: 18th Nov 2024**
Chainlink Business As Usual It might seem like a shock for most that Chainlink had this big move down, but if you have spent a lot of time studying Chainlink's last cycle, you would know that this is business as usual.
The fact that Chainlink had this move has made me more bullish than ever. We are currently 64% down from March 2024. Crazy? I think not.
71%
71%
62%
44%
These are all the corrections Chainlink had during its last cycle to its all-time high.
All we are doing is a back test to this previous range. Chainlink was doing the same thing last cycle.
If we overlay the last cycle over this starting from wave 5, we can see that we have had a crash during the same time of the cycle as we did in March 2020 (Covid). Crazy.
I would not be surprised if Chainlink closed above $11 by the end of the week, just above the 1:1 Gann Fan, and started a V-shaped recovery, marking the bottom. There is a very high chance.
Once again, my time fibs hit right on the money. The blue fib marked the bottom, and the yellow marked the top!
**Next date: 18th Nov 2024**
Long position on LINKUSDT 49Min/ Volume PredictionBINANCE:LINKUSDT
COINBASE:LINKUSD
High-risk status: 4x-5x Leverage
Mid-risk status: 3xLeverage
Low-risk status: 2x Leverage
⚡️TP:
13.72
13.85
13.95
14.09
14.23
14.34(In Optimistic Scenario)
➡️SL:
13.28
13.07
12.85
The Alternate scenario:
If the price stabilize below the trigger zone, the setup will be cancelled.
Alikze »» PYTH| Descending channel failure🔍 Technical analysis: Descending channel failure
- It has been moving in a downward channel in the 8H time frame and daily.
- Currently, with the failure of the channel roof, it is around the supply area and neck line.
- Therefore, in case of a negative reaction, it can be broken into the channel with pullback and touch the specified targets by maintaining the 0.29 area.
💎 Alternative scenario: In addition, if it stabilizes below the 0.29 area, it can retest the green box.
🛑 Targets: 0.39 - 0.44 and supply area or red box.
🟩 Support: 0.29
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OKX:PYTHUSDT
LINK Looks Short Term Bearish!!!After breaking the previous weeks lows, the chances of us tapping the support again before a move up has increased.
Yellow arrows mark my areas of interest for a short & a long trade.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
$LINK targeting $2.72?NASDAQ:LINK looks like it's on the verge of a breakdown of it's H&S top. Should price break below $12.78, the target for the move would be $2.72.
We just got our first red candle on the 2D heikin ashi which increases the likelihood that it rejects here and falls lower below $12.78.
Let's see how it plays out over the coming months.
LINKUSDT Inverse Head and ShouldersLINKUSDT Technical analysis update
LINK price has been forming a head and shoulders pattern over the past 30 days. Now, the price is moving towards the neckline with high volume for a breakout. If the breakout is confirmed, we can expect a strong move in LINK.
Buy Level: Above $14.70
Stop Loss: 13.30
Chainlink Targets $25After a long accumulation phase, we are again backtesting the last major support where we saw previous buyers step in.
There's a higher probability we increase in price from here and target the 0.618 & weekly level above. A sweep of the lows before a move up is also possible.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
Chainlink LINK price have potential for x3 growthTweeters have become "active" around #Chainlink
They write that over the past 2 weeks, "whales" have bought 10 million CRYPTOCAP:LINK
This amount is 1.5% of the total number of coins in circulation now or 1% of the maximum suply.
Whether this is a lot or a little, whether it will act as a driving force or not, whether you believe in the project's potential or not - of course, it's up to you to decide.
But as long as the OKX:LINKUSDT price is above the blue trend line, the potential for x3 growth by the end of the year remains.
Alternate Theory - 2026 BullI've actually had this theory for awhile, after watching Ben Cowen talk about lengthening cycles. Bull run of 2026 but this has a low percentage of actually happening in my opinion. We'll see when fed actually cut rates and by how much.
I'm just pulling Cardano, Solana, and Chainlink for examples because they fit nice on the chart. But BTC will drop down to 39K in the event.
It only makes sense either to make a bottom at this current position or to return to previous long-term lows. Solana will get hit the hardest, washing out all the garbage.
Let's take a look at the $LINK/$USDTWhat can happen to the market if the BIST:LINK is so modified?!!! I don't have an idea for that myself, but I imagine BIST:LINK could see the $4 price again.
I find it suitable for buying with the intention of keeping for six months to a year.
I hope to have the necessary liquidity for the day when the BIST:LINK is supposed to reach 4 $.
$LINK: When is the right time to buy?It seems that the BIST:LINK is still susceptible to further modification.
The Chainlink Network is driven by a large open-source community of data providers, node operators, smart contract developers, researchers, security auditors and more. The company focuses on ensuring that decentralized participation is guaranteed for all node operators and users looking to contribute to the network.