Chain Link Always Recover After the BTC Dump Link toke all Liquidity below the Lower Lower in 4 H time frame Structure
, if it accepted back to the Horizontal range this will be Bullish For Chainlink if not then we might visit the 12 $ Area again
Long From here with Stop loss below the liquidity area which has been taken. 12.200 $
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D-LINK
Link Elliott Wave impulse ending!?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
#LINK update 🧵
Impulse coming to an end?|
Got the 1D and 4H here.
Some clues, no confirm.
Triggered in at STF, for a short.
Most important levels for me, atm.
16.68 breach kills W5 impulse, AL.
17.98 breach impulse at STF complete.
#Elliottwave #Elliotwave #Chainlink
Link has formed a Bullish FlagLink has formed a Bullish Flag, I expect that it continues to go up soon.
🔵Entry Zone 19.421 - 19.714
🔴SL 19.064
🟢TP1 22.000
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LINK/USDT 1DInterval ChartHello everyone, I invite you to review the one-day chart, LINK in pair with USDT. We will start by defining the main downward trend with the yellow line, then it is worth defining in blue the downward trend channel, which gave a dynamic upward trend for the price, which allowed the price to overcome the main downward trend, while creating a dynamic upward trend line.
Now, when we unfold the Fib Retracement grid, we can see how the price is struggling to positively test the resistance zone around $19, if the test ends positively, we can get a new upward movement towards the resistance level at $26.47, and then an important level which we should take into account is the level of $40.39.
Looking in the other direction, it is equally important to identify potential price support points. And here the level of $14.86 is significant, which should keep the price from falling to the next support levels at $10.97 and then to the price of $8.26.
Please look at the RSI indicator, where we can determine the downward trend line from which we can see the indicator bouncing again, there is also a lot of room for a potential recovery. However, the STOCH indicator shows that we were moving towards the upper limit, which resulted in a rebound with room for a larger move.
ChainLink The Great AccumulationHello dear traders! If you like my graphics, please use Like button 💙💛.
There exists a potential scenario wherein COINBASE:LINKUSD could undergo a substantial x4.6 surge between late 2023 and early 2024.
In the chart provided, you can observe the accumulation pattern, with the price action mirroring it remarkably accurately.
What strengthens this possibility is the ongoing robust accumulation phase that has been in progress since April 2022, spanning nearly 500 days.
The possibility of growth for this currencyIt is in an upward trend, but now it has faced a divergence in the daily time, so the possibility of price correction to the bottom of the ascending channel in the daily time will not be far from expected.
The important ranges of support and resistance for this currency have been determined in daily and 4-hour time.
If the Link currency can stabilize itself above $20, in the first step, it will be possible for this currency to grow up to 30%.
🚧Link is Bullish now🚧 & many Traders don't see it 👀!!!Hi.
- COINEX:LINKUSDT Is in a Bullish flag Pattern! we Can Expect a Bullish Movement as much as the Measured Price movement ( Flag pole ) to happen!
- COINEX:LINKUSDT broke out of the bullish flag and now testing the major supply zone around $18$.
The Flag Is Broken
- Break above the one will lead to more rally 📈
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⚠️ Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
$LINK Steady Grind Up, Next Opportunity Coming.This Link chart is not something new from me, some time ago I showed you this accumulation range that lasted some 500 days.
Now Link has broken out of the accumulation phase and entered expansion.
What does this mean?
It means Link will sustain a steady grind up with tight, shorter consolidation ranges until the next macro correction like we just some last month or two. It will be difficult to get involved with any serious size, confidently.
My strategy?
Train1 has left the station from accumulation and train 2 has left from the most recent macro consolidation. Therefore I will wait until the next clear high to be printed and macro consolidation range to set it, it will be clear.
Green candles will turn into red candles. Range high and range low will appear.
Link is currently in the next 'lead up' phase in the green box in my opinion. Could slice straight up, could come straight back down, so why but in thin air?
You yourself know in your gut where a good entry is, trust your gut sometimes and be patient.
Vatsik
LINKUSDT Fortifying Demand ZoneChainLink has once again proven its mettle by successfully defending the demand zone for the fourth consecutive time. This defense is a testament to the substantial demand for LINKUSDT that refuses to waver.
Adding to the impressive show of strength, a simple uptrend trendline stepped into the spotlight, showcasing a bounce that echoes the resounding demand for ChainLink. The story here is clear: there's a substantial appetite for LINKUSDT, and the market is signaling a strong vote of confidence.
So, what's on the horizon? Be prepared for a continuation of the upside move, a path that seems almost inevitable given the current scenario. The nearest resistance is at 161.8% Fibonacci retracement level. The stage is set for a grand performance, and we anticipate this level to be tested in the coming weeks.
Link appears to be finally breaking up from the bullflag. After countless wicks above the pink channel on the daily time frame, link finally broke upward with authority and has already reached the channel’s measured move target. Once we switch to the weekly timeframe shown here, we can see that channel is also a very valid looking weekly bullflag and the measured move target for the bullflag Breakout is $25.30 or so. Now that it has reached the 1st target of the two (channel breakout) some consolidation or slight pullback before heading up to the higher bullflag target is always possible, but I anticipate it reaching the full bullflag target soon enough *not financial advice*
LINK (Y24.P1.Video1). Macro overviewHi traders,
My thoughts on LINK and why I"m looking for high levels. As for looking for an entry, there is one clear level / potential setup otherwise its difficult to find an entry at this point.
When or if we get certain levels, I would be looking to short however my HODL is long term so I cover the potential macro targets as well.
Please give me a like and share,
Regards,
S.SAri
BINANCE:LINKUSDT +180% profit potential on the long termLINK is on the target to reach it's previous All time high of 53$ and its about time before it breakout from the ATH and reach new ATH my target $250
I'm expecting some correction before we can see some correction before its can hit ATH.
You can enter for position at $18 with 2x leverage.
Regards,
VectorAlgo
Chainlink Market Analysis: The End ❌Chainlink has seen a significant surge in momentum over the past few days, fueled by various speculations about potential developments. However, when we delve into the chart technicalities and set aside external noise, we uncover a fascinating narrative: Chainlink has been in an accumulation phase from May 2, 2022, to the end of October 2023. This phase marked the conclusion of our previous bull run and effectively ended the corrective period, ushering in a new cycle.
🔄 This cycle may now have concluded, poised to enter a Wave 2 correction, expected to retrace between 50 to 78.6%. The 50% retracement level, aligning with the subordinate Wave 4 at $12.67, is particularly noteworthy. As for the current Wave 5, we've reached a potential area, with projections extending up to a maximum of $25. Yet, our analysis leans towards a consolidation around $20.30.
🔍 Observing the 4-hour chart, we regret to note that we missed capitalizing on this ascent due to a breakeven stop-out after securing profits, just as we're nearing the completion of Wave 3. Currently at the 161.8% extension, this level might either hold or be surpassed. If exceeded, a climb up to $27 could ensue. However, given our daily timeframe analysis capping at $25, we discount this scenario, anticipating a peak at the 261.8% extension, or $23.54, before a subordinate Wave 4 and a subsequent overarching final Wave 5 unfold.
📉 A correction down to at least $12.67 is anticipated thereafter. We'll continue to monitor the situation closely, ready to adjust our entry points should Chainlink's trajectory ascend further.
#LINK/USDT#LINK
The price is moving in a cross channel pattern 1 D frame
It is expected that this channel will be penetrated upward with stability above the Moving Average 100
We have strong support to rely on at the borders of the lower channel
Also we have oversold on MACD
Current price 15.74
First goal 16.79
The third goal 18.29
Third goal 19.89
⚖️💹 LINK Analysis and Strategy 🌐📊📊 Current Market Status:
LINK has been consistently rising since breaking out from the $8 area in October.
📈 Chart Analysis:
Daily Chart: Possibility of retest of $18 area.
Weekly Chart: Strong, targeting next resistance at $28.
🔄 Trading Strategy:
Retest Opportunity: For those who missed the earlier move, look for a possible retest of the $18 area on the daily chart.
Weekly Target: On the weekly chart, LINK appears strong with a target at the next resistance of $28, representing a more than 50% move up.
📣 Market Insight:
LINK's strength is evident, and as long as Bitcoin remains stable, it may continue its upward movement without significant disturbances.
Trade wisely! 📈💡 #LINK #TradingStrategy #CryptoMarket 🌐📊
Link analysishello guys...
Breakout Confirmation:
The recent breakout from a long-term consolidation is supported by strong price action and a surge in trading volume.
Key Levels:
The previous resistance level around 11.5 may now act as a support level.
The breakout through a key psychological level further strengthens the bullish sentiment.
Price Targets:
Short-Term Target (19.5): Initial target based on engulfing.
Medium-Term Target (27): Ambitious target considering.
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LINK/USDT#LINK price movement appears favorable as it has been engaged in a range-bound pattern for approximately 83 days. A good entry can be taken after a successful breakout from this range, confirmed by a daily or 4-hour candle closing above the range. It is essential to incorporate to use of stop-loss.