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Chainlinkusd

Chainlink 50 % drop may come sooner than you thinkLink like many other altcoins remains bearish. For a time being the price seems to be getting rejected from the upsloping resistance line. We still expect 50 % drop. $3,50 - $3 can be a good area to accumulate link for the next bull market. It would be approx. 94 % drop from the all time high which sounds reasonable if we look at the altcoins % decrease in the previous bear market. Buying at $1,50 would be a gift, but it´s not sure if the market is gonna be not so generous. Chainlink is one of the projects that we believe in as its fundamentals are strong.
BINANCE:LINKUSDShort
by vf_investment
16
LINK Chainlink Oversold at its last support | Growth thesis !Chainlink (LINK) presents a promising investment opportunity, especially in light of recent market developments. With BlackRock's filing for a Bitcoin trust rather than an ETF and the SPX reaching a 52-week high, the market sentiment appears to be bullish. Despite being oversold and finding support at its last line, Chainlink's technical indicators suggest the potential for a rebound. Considering the oversold conditions, investors could see an attractive entry point for Chainlink. The price target of $8.70 adds to the positive outlook, indicating the potential for substantial growth. A technical rebound, supported by market dynamics, could further bolster Chainlink's upward trajectory. Chainlink's unique value proposition as a decentralized oracle network, facilitating secure and reliable data integration for smart contracts, positions it well for continued growth. Its technology plays a crucial role in the advancement of blockchain applications across various industries, offering real-world solutions and bridging the gap between blockchains and external data sources. Chainlink's strong partnerships with industry-leading organizations and its expanding network adoption provide a solid foundation for its future success. These collaborations reinforce Chainlink's credibility and market position, potentially attracting more investors and users to the platform. Looking forward to read your opinion about it!
Long
by TopgOptions
LINK at the mid-range - A rebound or a likely breach? For the past 3 weeks, LINK traded in a range with extremes at $6.2 and $6.8. The range high aligns with a critical former support level in late March/April. The range-low coincides with a bullish OB (white) on the 4-hour chart formed on 12 May. A possible rebound at mid-range could see LINK rally to the range high of $6.8, especially if BTC reclaims $28k. But, the mid-range of $6.5 could be breached and a retest of the range low/bullish OB could be on the cards if BTC dips to $26k again.
by AMBCrypto_TA
LINK - 4 Phases YOU Should Know 📉Hi Traders, Investors and Speculators of the Charts 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. The markets are currently taking a breather after upside price action and this is typically where we expect altcoins to shine. Chainlink is particularly interesting to watch at this point since it has been trading range for an extended period of time. This is bullish according to the Wyckoff Method Analysis and other market cycle- or phase analysis'. This chart presents an easy guide to market cycles considering the moving averages and the macro perspective. Can you guess what phase we are currently in and what comes next? 🔥 Here's another altcoin with great upside potential that you may not have heard of : Shirtium _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
44
Chainlink (LINK) forming bullish Gartley for upto 12% pumpHi dear patrons, hope you are well and welcome to the new trade setup of Chainlink (Link). Previously I shared a long-term trade setup for LINK, which is till in play as below: Now on a 4-hr time frame, LINK is about to complete the final leg of a bullish Gartley for another price reversal move. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333
CHAINLINK: $LINK Accumulation✅My biggest 2023 position is $LINK long, bought multiple times in this range since weeks. Anything below $6 is a good-buy IMO. A breakout is incoming once economic data shows soft-landing signs while FED starts to cut interest rates. Chainlink allows blockchains to securely interact with external data feeds, events and payment methods, providing the critical off-chain information needed by complex smart contracts to become the dominant form of digital agreement. This is valid unless the price breaks below this accumulation range! My SL is 5% below this box's support. I will keep updating this trade here, make sur you follow me to get alerts!
Long
by dogofallstreets
LINKUSDT looks bearish now (NEW)LINKUSDT looks bearish as the price has created lower highs due to getting rejected from the downsloping resistance. Currently the price is sitting on the support where we can expect a bounce towards the downsloping resistance. However, if it keeps getting rejected and the key support fails, we may see lower prices. How to trade: Enter short at the resistance. Take profit levels, stop loss and the final target are shown on the chart. Take profit levels can be considered as buy levels if you're DCAing into LINK. Good luck
Short
by vf_investment
ChainLink: Drop Your Ball and Chain! ⛓ChainLink should drop its ball and chain to escape from the current sidewards movement in favor of the expected ascent. From the low of wave (ii) in blue, the altcoin should head for the resistance at $9.50 and surmount this mark to develop wave (iii) in blue. The subsequent countermovement of wave (iv) in blue should happen above this level as well. However, there is still a 33% chance that ChainLink might slip below the support at $6.43, thus triggering further descent below the next mark at $5.38. In that case, we would expect a new low in the form of wave alt.2 in green before fresh upwards movement can take hold.
BINANCE:LINKUSD
by MarketIntel
ChainLink token LINK price it's time to catch up with the marketWhile most cryptocurrencies began their rapid growth at the beginning of 2023, Link buyers were "scratching their heads" and not keeping up with the market. Consolidation in the range of $5.50-9 has been going on for 9 months. Delta shows that purchases in this range are at least 5% higher than sales. Are "they" accumulating a huge position? If so, then the growth of ChainLink token price to $9 will be soon. And ideally, in the coming months, we would like to see Linkusdt price at $15 and above _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
40
LINKUSD: Should We Expect More Upside Movement? 🥹 | Jan. 13This week, we will stick to the 4-hour time frame to analyze the price action in detail. The bulls seem to be in control after another strong week. After a strong rally last week, LINK was able to extend its gains to hit a new swing high of $7.1. We can see some consolidation happening now which was expected after the sharp rally that started earlier this month. In our previous analysis at CoinMarketCap Alexandria, we had anticipated a move to $7.35 - it was almost achieved earlier this week. The supply zone at $8.51 will become the new target once the resistance at $7.35 is regained. This view is only valid if the price can sustain itself over $7.35. It is very important for the price to sustain over $6.30 right now, as a breakdown from this level could lead the price to $5.6. Traders must still maintain caution by waiting for a reversal from the support at $6.30. If a reversal is seen, then the coming week may be more favorable for the bulls! The important price levels for this week are $6.5 and $7.35!
by CoinMarketCap
LINKUSD: Will LINK extend its gains? | Jan. 13, 2023This week, we will stick to the 4-hour time frame to analyze the price action in detail! After setting a new 52-week low earlier this month, LINK seems to have recovered significantly from the fall. It broke a very crucial support at $5.7, however, the bulls were quick to return to help push the price back above the demand zone. We can see strong momentum, and traders can expect the price to approach the upper resistance at $7.6 in the coming weeks if the momentum is maintained. Once the resistance at $7.35 is reclaimed, we can see a clear path to the supply zone at $8.51. However, this view is only valid if the price is able to sustain above $7.35. We might face some resistance at $6.5. Once this zone is cleared, a move to $7.35 looks almost certain! Traders must still maintain caution by setting a stop-loss below the demand zone at $5.7. The coming week may be more favorable for the bulls! The important price levels for this week are $6.5 and $7.35!
by CoinMarketCap
1
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?)
BINANCE:LINKUSDShort
by ankhramsiswmriimn
15
The ChainLink LINK price is preparing for a good growthToday, we will consider the LINKUSDT price chart on the 3-day time frame For the last six months, the LINKUSD price has been in a wide consolidation range of $5.50 - 9 Trading volumes in the range show that buying prevails, and therefore we can conclude that the "big player" is gaining long positions. If in the coming days, the LINK price does not fall below $6, then in our opinion this is a signal for strong long. The first task of buyers is to break out of this consolidation upwards, that is, to confidently consolidate above $9. In the medium term , we see the following targets for the growth of the ChainLink token price: $12.50 - $14.80 - $17.50 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Long
by P_S_trade
28