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Chainlink

$LINK Continuation (Intraday Trade)Hi, been some time. A low timeframe chart of chainlink. LINK has been trading in 27.6-28.4 zone since we saw yesterday's pamp trough 27.5 resistance. It hasn't retraced below which means enough buyers to support it above the resistance. We could see next leg up today if BTC gives link room to move up and out of distribution zone. 28.8 - 29.5 - 30.8. Wait for confirmation on this one or enter in the lower 27's. Careful, this is a short term margin trade!
BINANCE:LINKUSDLong
by OpOsjaan
1
LINK: two possible optionsLINK is fluctuating in this pattern which looks like a triangle but I think it's more of a pennant. I'm bullish on LINK and TA here is just based on four things: clearly a bullish pattern; people calling it on LINK trending 4th on LUNARcrush the fact that it has bottomed, even if it isn't shown here price went a little below 0.786 and started going up again I see two possible upper borders to this pennant so I left both of them. If you DCA your entry you'll be fine anyway but if instead you want to do only one buy use 23USDT as stop loss, it's more than -10% from current price but this because market is in turmoil right now and dips can go lower. I'd personally DCA my entry if I had fiat left. However last time I've checked (last night) BTC looked like it had bottomed and there were many people calling the bottom as well. Good luck
Long
by Shotokhan
ChainLink (LINK) flipped MA Ribbon bullish - more tasks to doChainLink´s 5 tasks on the daily chart... 1. break the 200 SMA (just in work) 2. break the MA Ribbon and turn it bullish (done) 3. break the volume resistance 4. break the 50 SMA (done) 5. break the resistance on RSI Especially the RSI will be interesting. What do you think? 😎 Drop me a nice comment if you'd like me to analyze any other cryptocurrency. *not financial advice do your own research before investing
BINANCE:LINKUSDLong
by Crypto4Everybody
A CHAIN is only as strong as its weakest LINK (Short-Term view)My previous idea for LINK proposed that it would rise toward the upper resistance of the channel (see below) and indeed it moved toward it for a good profit. LINK is now facing local resistance at ~27.55 and if we move to the 1h timeframe, we can see it rejected this area multiple times and has made a slightly lower high. Depending on your risk appetite this can be interpreted in different ways but due to the conditions we are currently in, a cautious approach may limit poor decisions. With LINK being one of the few fearless altcoins even with BTC falling, it is only a matter of time until it also feels BTCs power. I think we may have a rejection from the current area toward the green support at ~22 based on the resistance, RSI and BB's. As LINK approaches the support area it is a good idea to zoom into lower timeframes to look for buy setups. Of course, LINK can continue to rise within the channel if BTC begins to recover and turn its new resistances into supports again but that seems unlikely for now. Please note I am not a financial advisor and this is not financial advice. All ideas are for educational purposes only :) Please feel free to leave your comments and thoughts below!
Short
by kush23456
LINK - holding nicely despite fear on the marketThe current Coin Market Cap ranking is #17, with a live market cap of $12 billion USD. Despite recent dump, fear etc. on the market LINK is holing well. My chart setup is practically untouched for months now. W support is clearly great buy area, and current resistance in correlation with BTC dump is too strong in short time period. In my bearish outcome LINK could retrace to W support level ( approx. 30% down form current price) and if BTC dumps even more it may happen. LINK is one of my longest holding and despite small ROI in crypto space I'm not planning to sell it any time soon. On picture in comment you can see LINK Circulating Supply chart which finally shows that new coin inflow is paused (from team probably). In bullish outcome I expect LINK to breakout upper trendline during February.
Long
by Philippe_0x
3
LINK long set up$link #chainlink looking juicy. Ascending triangle and double bottom breakout. Could play this to the weekly double bottom neckline or to Ascending triangle PT of $29. Red lines are LTF resistance levels to watch. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind. 3. Let your winners run and cut your losers short. 4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win! 5. Before you enter a trade, know your target AND your exit strategy. 6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven. 7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc) 8. Don't fight the trend. The trend is your friend. 9. Don’t enter a trade based on one indicator. 10. Horizontals > Diagonals Please note: - This is not financial advice. - I do not take every trade I post. - Never trade off of someone else's chart until you DYOR!
COINBASE:LINKUSDLong
by DaCryptologist