Chainlink (LINK)Chainlink is -83% from 2020 ATH and -77% from last year top. Since then it had at least five attempts, each having between 30% and 50%.
1D RSI is in neutral area which is fine in kind of bullish divergence. I've got into this trade and accumulating since Feb.
I think it would be a nice chance to see in the near future that LINK is double its value up to 0.00045.
Any comments?
Regards 🫶🏻
D-LINK
LINK - Clear pathways down/up LINK needs to reclaim upper range band with confirmed candles (as seen drawn in green/red candle like boxes) and then I will long.
For now, this is a temporary short imo back to mid-range if we see a break in the recent trend's market structure. That's a short-term scalp though, so I'm not interested.
Ping Pong until further notice I guess, range still in tact though.
Thoughts on the chart otherwise!
Cheers
link , another (last??) bearish movement link , the largest decentralized oracle isn't passing for his best moment , and the same for crypto in general the technical analysis indicates weakness from the bullish and dominance of the bearish
personally i don't recommend open a futures trade because this is a weekly chart and the volatility didn't let you , is recommended to find the trigger in the daily chart but always management the risk gestion.
LINK is a SLEEPING GIANTThe value potential on LINK is incredible and how could someone not take this opportunity to load up? We are now on the verge of closing above a range that could launch the price to almost 30%. Bullish divergence on the weekly along with all other major timescales as we start to slowly see the tides turning and crypto not following other major markets as they look to be decoupling in some ways….. LINK
Link Short Set Up 🔻📉LINKUSD 4HR SHORT
LINK is hitting bigger resistance at multiple trend lines with the possibility of a triple top on the LTF
Entry 1: $7.99-8.15
Target 1: $7.05
Target 2: $6.80
Stop Loss: 2-4% based on your own risk tolerance.
Consider moving stop loss to break even after the trade becomes in the money 3-5% to minimize risk.
If a wick stops you out simply wait to see if we confirm back below the trend line before re-entering.
Never chase a trade or force it if the market becomes choppy.
Never trade with out a stop loss, especially on a short.
LINK is moving sideways - gathering momentum! Hej Guys and good weekend for you all.
Again when i show something is it never buy/sell post, but more FACTS and with those facts , you can make your own decision if you wannna
put money in this trade.
facts
Been down trending like the rest of the market since since Marts 2021 and so fare its down 85 % in months.
What we see now.
WEEKLY CHART
DMI = sell = but it become more and more neutral.
MACD = negative but with positive signs.
RSI = Negative and running sideways under 50.
DAILY CHART
Ma 20 just over positive
MA 50 just over positive
Golden cross in the making for SHORT tearm bullish trading.
Ma 200 negative = Down trending.
an opportunity can happen in this area even thu it looks more bearish then bullish , but you have to think RISK/REWARD
Idear:
Buy close to the support line ( black line ) and put your stop loose under the support line ( black line )
The reason i dont say buy here is because the stop loose would be 50 % from your entry and that dont make sence, BUT if you wanna jump in now, your stop loose just under have a HIGH risk of getting stopped out in this markets conditions..
But we all trade different , so just remember to think about what your are doing and why.
LINKHELLO GUYS THIS MY IDEA 💡ABOUT LINK is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the sellers from this area will be defend this short position..
and when the price come back to this area, strong sellers will be push up the market again..
DOWNTREND + Resistance from the past + Strong volume area is my mainly reason for this short trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
Chainlink LINK Bearish SentimentFriday the S&P reached its 52 week low, $3636. There is a strong correlation between the S&P and the crypto world. Many stock investors diversified their portfolio into cryptos, especially in BTC Bitcoin and ETH Ethereum .
With a bearish stock market in the worst month for stocks and cryptos, i expect most of the cryptocurrencies to trade lower this week.
LINK/USDT short
Entry Range: $7.50 -8.00
Take Profit 1: $6.40
Take Profit 2: $5.10
Take Profit 3: $4.60
Stop Loss: $8.90
LINK NICE FOLLOW THROUGHLINK had some very nice follow through the past couple days and is now trying to bust out of the supply line and push upwards. No conformation yet regarding a backtest, but if we can do so, $8 comes into the realm of probable outcomes. LINK often decouples from BTC at times, so thats where we could see a attempt to bust out. Link looks more appealing compared to other S Coins
Link Elliott Wave count and trade ideas. Getting the video rig back up and getting used to things again so apologies for some of the audio quirks. Working the issue.
That aside still think some fun Elliott Wave info and some nice potential trade setups and things I am looking out for.
If it inspires you or is helpful, hook me up with a boost, a follow and check out my signature more content. Cheers!
LINK RIPPIN- Wall Street REKT?LINK and crypto making power moves in the moonlight hours. We are seeing a decoupling effect from the normal markets and I’m totally here for it. I actually can’t believe we did the exact opposite compared to the NASDAQ, S&P, ect. It’s almost like this is how it should be……. Hmmmmm. People losing faith in Wall Street? Why would you! Those people want you to make money! They totally have your best interests y’all, do what they say and be led like a heard of cattle to the butcher…. Wake UP.