LINKUSDT - SETUPChainlink's price is ranging between 5.50$ to 9.70$ for more than 6 months. Both participants of the market played a balanced role in the range market. Requires more effective effort to break this range from both sides. So we can expect a good rally towards 13.0$ if bulls manage to break above.
D-LINK
LINK breaking the Rectangle chain - Target $2.63Bear Rectangle with a sideways Range on Link
21 > 7MA Price <200MA
We do see a strong bull candle though, which could save the day (month) but this will be mainly a testing zone.
Target $2.63
The stop loss is tight because, if it touches, the market will turn extremely bullish and will break out of the rectangle and head on up.
for now the bias is bearish unfortunately.
LINK - Once A Castle; Always A Castle! 🏚Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
LINK has been stuck inside a big range in green between 5.0 and 10.0
For the bulls to take over from a long-term perspective, we need a break above the upper bound of the range and round number 10.0
Meanwhile, since we are approaching the lower bound (5.0) we will be looking for buy setups on lower timeframes.
For the bulls to take over from a short-term perspective , a break above the last minor resistance in orange around 6.5
Meanwhile, until the bulls take over, LINK can still trade lower to test the 5.0 zone or even break it downward.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BRIEFING Week #47 : Crypto Prices might be at an ExtremeHere's your weekly update ! Brought to you each weekend with years of track-record history..
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LINK: $6.0 will hold ?Although LINK had a good prospectus just before FTX news hit the market, the higher optimism must be postponed for the moment. Markets need time to calm down and to regain confidence after the scandal, in which sense, LINK could not perform in a much better way from current moves.
As daily trading volumes significantly decreased, the price of LINK was moving between levels of $6.6 down to $6.0. The support line at $6.0 is holding strongly for LINK. Since May this year it was the lowest level for the coin. RSI made tiny moves between levels of 40 and 43. Moving averages of 50 and 200 days are moving so close to each other, but still as two parallel lines. The golden cross might come soon, but it will take some market reaction to the positive side of the market.
In a week ahead, fundamentals will hold the market attention, in which sense, some significant moves should not be expected. Of course, more negative news will have a negative impact on the price of LINK, where it would be pushed lower from the current support line. In case that this is not a scenario for a week ahead, then modest recovery should be expected, at least to the levels below the $7.0 resistance line.
Chainlink looking for a bullish run of $13 by late October Bottom reached possibly on the weekly chart. May see a retest of $6.40 in the next few days. Futures look promising for chainlink if all goes well we should see $12.80-$13 by late September or Mid October. no technicals here just pattern observations. Good luck and happy trading!
The missing Link is in the wedge Look at that beautiful wedge. The ability to create massive wealth in crypto long term is shown in a very simple chart pattern. This pattern breaks out to the upside 53% of the time. Confirmation of the patter occurs when proce closes outside of one of the trend lines. We saw a retest. And now see some good reason to go long. Will you place your money on black or red. Or will you use smart money concepts to know where the smart money is…
Slam that like and follow for more like this. Message me for more details
LINK Is Trading Too Close to Support! What's Next? 😨 Nov. 18In our previous analysis, we ascertained if the support at $7.5 is taken out, the price will test the last standing support at $6.2.
At the time of writing, LINK is trading dangerously close to the support at $6.2, and it looks like a breakdown could be seen soon.
If this support is broken, traders can expect the price to collapse to $5.2, which is the 52-week low.
Therefore, traders should proceed with caution until LINK is able to reclaim the resistance at $6.5.
LINK USDT | potential +30% up #LINK/USDT
🟢Entry price: 6.3 to 6.1
🎯Targets:
|> 6.83 (Sell 40%)
|> 7.1 (Sell 30%)
|> 7.8 (Sell 20%)
|> 8.6 (Sell 10%)
🔴Stop-loss: 6 (closing 1D candle under stop-loss)
➡️Recommended risk: 0.25%
➡️Recommended Position Size : 5%
please note that due to the current market situation this trade signal is considered risky, so we must stick together to the stop lose and risk management strategy and not to gamble with our money.
stay safe and trade safe
thank you!
LINK - INSPIRED BY THE TOP G. STOP CHAT, YUH NUH REDDY FI MITing muss drop a piece. Den mi blindly buy back lower, cah mi expect higha inna di future. Hovver ya dutty raas cursor over di location marker. read up mi write up. ZEEN??
Nuh bodda listen to mi. Man ah mad man. Mi ah guh lose all ah mi money.
Bludclaaaaaaat.
50%+ gains incoming for Chainlink According to chart patterns only. Do your own research . Chanlink seems to be looking to push above previous $9 area. With a temporary retracement to $8 before topping off at/or around $10.90, where there still seems to be minor resistance. Expect a deep pullback at this point.
Preparing for Big Chainlink TradeTime is coming , we are approaching October 2022 and when October comes and this 3.618 Time Fib hits we are going to get a candle breaking us out of this triangle.
It is in fact Chain link time fib count on the LINK/BTC dominance that started to unlock this powerful fib time sequence for Bitcoin and link itself check it out below.
It is still a 100% win rate fib count to this date , yes 100% check it out , last count did not act as pump but showed us a LINK bottom.
Come October we will get a breakout of the Dominance I expect .
Chain Link Fib Count
.0618 - This date is important because it's when Link hit 20 dollars for the first time, it was an important level to hit that resulted in over 140days of consolidation.
1.618 -All time high , yes this fib count lands right up there .
2.618 - This was a major pivot point down for the link which confirmed the bear market because it created its first lower low on the weekly.
3.618- First week of October 2022 , this could be the week Link starts increasing in momentum.
I go over this in more detail in the TA below .
Not only do we have this insane Fib count for Chain Link but if you check the TA below and press play you will see something amazing unfold.
The game plan is as follows , stock up on x3 leveraged tokens on FTX exchange ,they are one of the few that offer LINK tokens x3 , we ride it up to 24-30 dollars from October 2022 to February 2023 , no funding rate fees, no liquidation number to think about just sit back and let it ride.
I have a lot of confidence trading Link fib time sequences so we going big on this one no holding back.
Waited 539 days for this moment (LINK)The moment has finally come after waiting since Chainlink cycle peak May 10th 2021, its been 539days of downwards(since Cycle peak ) resistance on the dominance but finally we have a clean break.
This chart has showed us the future step by step and has been correct all the way. This Fib time Chainlink count has been correct for years now.
This was the strongest clue for me that the bottom was in for crypto , the last fib count on May 23rd 2022 signaled a bottom for the dominance and for the price of chainlink.
out of all the evidence that came in that the Bitcoin bottom is in , well atleast the "first" bottom , this was the chart that confirmed most things for me .
The time fib count yet again happen to be a important moment for chainlink showing that chainlink bottomed around this time.
Since August 2020 link has been moving down in domaince vs Bitcoin but finally we have had a major breakout which should signal a big move for Chainlink price since historically thats that what happens when dominance goes up.
There is another Time Fib count im following on chainlink aswell but this time its on the price chart check it out below.
What is also very interesting is that the 618 fib is where chainlink cycle peaked, so is it possible that we going to make a move up to 618?
Its been an amazing couple of years using this Fib count for Chainlink and as each count passes the time for the next extends so the next date is April 2024! .
20% for LINK possibleSimilar setup like LIT before jumped up. Quite strong PA. I like it. Red MA as a next target - this can give us 20% profit. But be careful if FED ruin the party with the news of increasing interest rates today - this can shake with markets. GL
MANAGE YOUR RISK,
NOT A FINANCIAL ADVICE
LINKETH: Cup With Handle Above Moving AveragesSo during this market some coins are doing much worse than others and for the time being it seems like ETH is going to be among the next coins to collapse. In the meantime there appears to be alot of opportunity in trading pairs against Ethereum.
In the case of Chainlink we have a Cup With Handle backtesting the top of a Channel and the Moving averages with a Measured Move above 0.01 ETH.
Chainlink: Partial Decline Supply Line Breakout Update #2This is an Update to this currenly still active previous setup from several weeks ago:
As of rigth now LINK has Confirmed it's Pivot from the 0.618 and has now broken through a serious Supply Line; If it continues up to $9.51 we will have confirmed a Partial Decline which at that point should lead to a Breakout of the Range that could take it to the next Resistance at $27.80