Linkusdt 3D Buyers are trying to push the Link price upYour attention is the global chart of the trading pair Linkusdt on a 3-day time frame
For more than 2 months, buyers of the Chainlink token have been trying their best to keep the price above the $5.50 level. And although it is difficult in the current maximally suppressed phase of the crypto market, but they are succeeding at this time.
Maybe now buyers are trying to form a reversal trend figure: Double bottom, or Adam and Eve. The working goal of working out this pattern is in the area of 15 dollars.
In general, there is a large liquidity zone $12.5-17.5 above, and at the moment there is little belief that they will be able to break it upwards with ease. If such a miracle happens, then the maximum positive goal for 2022 for Link is 22 dollars.
A clear signal that the buyers will have capitulated, and the sellers have won the fight, will be the fixing of the Linkusd price below 5 dollars.
In such a situation, one must be very careful and realize that the next support level is around the $2.70 area
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Chainlinkusdt
Chainlink LINKUSDT Swing Trading Setup Buy Opprtunityin this chart you can see Chainlink 6 hour chart and breakout two month old resistance line and after that hold as a support,
Current price Linkusdt $9.2 we can expect now price will go down 0.61 fib level $6.8-7$ and if hold that support and we will see reversal candle,
Then we have buy Opprtunity there,
it's a swing trading setup and if it's work so we can expect target will be hit next 2-4-8 weeks.
If you want to invest this so please don't forget to put TP n SL.
Wish you all the best.
Make Profit with Rashid
Here's our recent Analysis:
Chainlink LINKUSDT Chart long term view Technical Analysisin this chart you can see Chainlink chart (LINKUSDT)
I was share my knowledge and my view as well,
Chainlink current market rank #21 and it's fundamentally strong project,
We can clearly seen Link hold two years old support $5-6
July 2020 Link break this Resistance level and hit ATH $53 in may 2021,
After that we can see rejection from $53 and price start going downside,
finally hit $5.5 in may 2022 and it's a strong Support Zone now,
So if you're looking to buy and hold this fundamentally strong project Chainlink,
I was explain everything in this chart.
What our buying zone and also our target for mid-term and long-term as well.
Wish you all the best.
Make Profit and Remember Rashid
Chainlink (Link) formed big Gartley for upto 782% massive moveHi dear friends, hope you are well and welcome to the new trade setup of Chainlink (Link).
On a monthly time frame, LINK has formed bullish Gartley pattern.
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
Chain link Low targets chain link is going to make trading nut here and go deeper . my target for buy is 2.7 Dont rush ,market balance shows a deeper targets .2.7 will be the 0.9 fibo projection .there could be a shadow for 1.8 $ and close of weekly candle should be 2.7 date must be in second week of july for all market low targets .
Chainlink, ready to break outGood day,
We are looking at the 1 day chart of LINK/USDT.
As we can see, the price rising towards the first trendline which is around $18. Link usually seems to be following ETH and ETH is showing strenght.
Furthermore, Oracles like Chainlink are key to make sure that different blockchains can interact with each other. Few understand.
Press the like button and have a good day.
Recovery for LINKUSDChart comparison Between Link and the earlier days of ETH
ETH went through a long period of being flat which is a possibility for LINKUSD
This pause period can be seen on the MACD as the bear cross
Recovery could be as earlier as it touches the 50MA or later shown by the comparison
LINKBTCHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. The price had a rise and then fall forming the H&S pattern. The price was rejected at the R1 line which is the resistance created. S1 is the support area. We expect it to be supported at this area and break the R1 resistance. If this happens, the price can move up to the R2 area.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
LINK (ChainLink) Weekly Trade Follow Up. BINANCE:LINKBTC has lost the gains it has made on the first half of January. We are now retesting the 4-year long trendline that has held as strong support after reversing off of the 0.236 Fib line above. We did anticipate such a move in preparation for higher highs. However, we haven't yet gotten confirmation that LINK will not break below the strong support. The current weekly candle is only one day old. Zooming in to the daily, we don't see signs of reversal either. It is crucial to see a bullish pin bar (hammer candle) before setting up for re-entry. The stop loss will be just below the 3600 Satoshi support line. Breaking that line signals that LINK is too weak to surpass the recent high of 0.236 Fib.
Current market volatility makes this trade risker than usual. Therefore, lower capital should be allocated on it. The reason is that I would not be surprised if during this week, price breaks below 3600 Satoshi and rebounds back to 4500 Satoshi above the rising trendline.
Summary:
If you're not holding a position in LINK, then wait for reversal signal.
If you are holding a position, then set a generous stop loss below 3600 Satoshi and reduce your position such that the loss is manageable. You can always re-enter this trade after we see reversal. Remember that our target is at 16k Satoshi in May or July. It's better to enter with more confidence even if you waste the perfect entry.
Good luck
LINK/USDT - Potential 157% SetupHello Traders!
LINK is completing a big business cycle. The main purchase support base is in the range of $9.75 - $10.95. It should not be forgotten that LINK is leading among oracles on the market and most likely the new cycle will be started only in case of fundamental updates of the project.
Medium-term purchases may be considered near the support level of $10.95.
The position should be closed at a stop-loss after the price moves under the support level of $6.50
The targets will be in the price range of $25.45 - $28.25
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
LINKUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time fame. The price has lost the R1 line which was previously the support line and we expect it to fall down to the S1 zone. We can also consider it a double bottom. We need to wait and see what it does. Either it will break R1 and go up or it will not be able and will fall more. There is also the R2 line which the price might hit and then fall down.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
(CHAINLINK) The market dunce with enormous potential.. Hello everyone !
Today H₿ Capital is analyzing LINK based on a « 2 Weeks » chart 📈
What we can see :
LINK has been one of the worst player during the last 12 months regarding its performance….. Worse than some Stock assets too… Very very disappointing for Hodlers (like me). By the way, LINK is one of the strongest fundamentals token in the market right now.
You cannot ignore the following : CCIP + Staking to be released this year + Eric Shmidt who joined the Chainlink foundation as an Advisor (ex CEO of Google 2001-2011).
Technically:
- LINK is progressing into a descending triangle (trend continuation pattern)
- It seems that we are actually in a « flat » ABC correction (to be confirmed soon with the 2 weeks candle ended this week , which could print on the chart a nice double bottom figure)
- Our white trend line act as a support for prices and this one must hold…
What we can expect :
- If prices failed to hold the white trend line + break the triangle support line (where prices are right now) we can expect Link to reach the 8$ area……..
- If prices manage to hold our white trend line + break the triangle with conviction, we can expect the following :
Triangle Breakout :
Target 1 = Distance between the mouth of the triangle added to te breakout
Target 2 = 100% extension of the first impulse move
Triangle Pullback :
Target 1 = Distance between the mouth of the triangle added to the pullback
Target 2 = 100% extension of the first impulse move
Trend-based Fib extension :
1.618 = 86$
2.618 = 131$
3.618 = 176$
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MAY THE CRYPTO BE WITH YOU GUYS (D.Y.O.R)