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D-LINK

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
Link in "bullish" mantra.Hello again, I do not forgot on Chainlink fans. I will update this chart. It's good to have some Defi king in future bag. Especially, when its CEO is one of few really suspicious as Bitcoin founder ( Satoshi ) ;- ) However Link is still in pure downtrend with some higher lows and highs. potentially aiming to 382 Fibo in my mind, where would be bottom at the support of this channel. Like Bitcoins, we should see some pivot ( maybe higher ) first. But without any guarantees. This time, I like to focus on my target, as far it seems the same with BTC, ETH , etc... I just can't find any imporatant high crypto margets above are at the moment... I will believe later, when Chainlink hits 3 Dollar teritorry. It is , how it is and would change in near future. Always with care and ready, Emvo. *This is not any financial advice.
COINBASE:LINKUSD
by Emvo10
LINK Daily Outlook### 🌐 Chainlink **(LINK) $**6.508 **(+0.59%) - Bullish Outlook 🐂** **LINK Overview:** - ***Closest daily support zone: 6.823 - 6.754*** - ***Closest daily resistance zone: 6.899 - 6.982*** - ***Key Level: 7.7462 (Monthly Close of Jul. 2020)*** Congrats to those who got on the first ride. LINK is currently awaiting the next breakout which is around 7.27 based on various daily close points and fibonacci levels. **LINK Daily Resistance zones** 1. 6.899 - 6.982 2. 7.077 - 6.270 3. 7.483 - 7.847 **LINK Daily Support zones** 1. 6.823 - 6.754 2. 6.614 - 6.455 3. 6.357 - 6.082
Long
by pitarsama
Chainlink UpdateChainlink was one of the coins I get wrong in 2022 , you can check out that invalided TA below : Where does it leave it in 2023? , its been tricky placing Gann Fans and Trend based Fib time tools on LINK because the RSI hit multi times at the same level so did the price. LINK hit 5.3 dollars five times over the last 252 days but never closed under , it seems to have a massive sell wall at 9.5 dollars . The pattern doesn't resemble any past price so been rather lost with this one. Price hasn't been moving like LINK normally moves in the past , it seems this price range has been very weird not very organic if you ask me. I have set a trend fib time using elliott wave indicator tradingview has to offer and according to that wave C finished June 2022 so trend fib time is placed from Wave Count 5 to C. Week of: Monday 2nd January 2023 -0.5 Fib Monday 13th February 2023 -0.618 Fib Monday 18th March 2024 -1.618 Fib The last date is the same week as the Bitcoin halving which is pretty interesting but time shall tell if these dates have pivots so far 0.5 has resulted in some action. Looking the LINK/BTC dominance chart we can see that this level is very important , there is a lot of confluence in this area and holding support here would be great to see. So to conclude not much to go on short term once we break 9.5 dollars and the 2/1 Gann Fan then will revisit.
COINBASE:LINKUSDLong
by Sporia
1
LINKUSDT 4HAs shown in the chart, we can expect a positive reaction to this level for the short term and on the 4-hour timeframe, considering support in the range from $6,007 where the MM200 is to $6,629 where the median of the Keltner channel is located. MM200 is considered a strong rebound support. RSI flat on the ground, indicating a depletion of buying forces, confirm the bullish bias in the 4H time frame. The most immediate resistance is at the top of the Keltner Channel at $7.03 and after that comes the major resistance at $7,112. Piercing this slab then it only stops at $7,814. A week with an American holiday and important government decisions. Activate your stops and watch out for leverage! Here are the supports and resistances: S: 6,629 / 6,007 R: 7.03 / 7.112 / 7.814 Although Chainlink's daily active addresses have been at fairly low levels for most of 2022, these levels have recently been high due to high network activity and it is bullish for the price in the longer term as increasing chain utility creates a more sustainable ground for the future.
Long
by ferulianov
1
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 / btc Upward trend 545 days! Pivot points. Potential $The LINK coin has been moving in an uptrend for a year and a half !!! 545 days !!! Since the inception of the uptrend, the coin has now grown by more than + 1000%. This is one of the rare coins that goes against the market. Now there is a correction to the uptrend line. Watch the line of the uptrend when the price approaches it. It is very likely that a large ascending triangle will form inside a huge expanding triangle. The uptrend will be supported by the uptrend line. Entrance three options from the development of events: 1) From the uptrend line, if confirmed. 2) On a breakthrough or rollback after a breakthrough of an ascending triangle if this formation is formed. 3) Entry into the short if the line of the uptrend, the price breaks and fixes under it. Target. All targets in three trading options on the chart. If this formation of the ascending triangle is confirmed, the wave potential inside the ascending triangle is + 80%. Also, the development of the potential of the ascending triangle if it is formed + 200% of the resistance. Or +280% of the uptrend line. If the uptrend line is broken down and the price consolidates below it, then the potential for working to lower the price opens, as the coin grew by more than 1000% against the market in a year and a half. Stop Loss. Under key support levels during your entry into the market. But when setting Stop-Loss, consider the potential volatility of this tool.
by SpartaBTC
3
Reacted positively to the support rangeLast week, LINK reacted positively to the support range of $5.42-$5.57 and returned to the previous resistance at $5.75-$5.85. This static resistance is reinforced by a dynamic resistance, whose trend line you can see in the chart. The complete breaking of this resistance should be done simultaneously with the breaking of the resistance of $6.317. Otherwise, due to the existence of higher resistances, we cannot expect to confirm the breaking. If this happens and a strong bullish candle is registered, the possibility of further price growth and moving toward the resistance area of $7.297 will increase. This is because the midline of the descending channel is also in the current range, and it has strengthened the resistance at $6.317. So buyers' support can push the price back to higher targets. According to the strength of the last downward wave in the daily timeframe, the specified resistances show the power of a high negative reaction. Therefore, there is a possibility of short-term buyers saving profits at these levels.
by MonoCoinSignal
LINK: Descending Triangle BreakoutChainLink (LINK) technical analysis: Trade setup : Bullish breakout from Descending Triangle. Upside potential up to $7.00 resistance zone (also 200-day moving average). Recent rally was driven by launch of staking service. Trend : Downtrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI < 45 (Bearish). Support and Resistance : Nearest Support Zone is $5.50. The nearest Resistance Zone is $6.00 (previous support), then $7.00, and $8.00.
Long
by altFINS
1