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D-LINK

📉📈 LINK Trade Analysis 🔄💼Trade Overview: LINK is exhibiting a triple bottom pattern with potential strength indicated by acceptance above the monthly open, signaling a shift in structure on lower timeframes. Trade Strategy: Entry: Consider entering into the buy zone between $12.50 to $13.50. Take Profit: Set take profit targets at $16.00 and $16.80, with the next area of resistance at $18.70 - $19.50. Stop Loss: Place the stop loss below $12 to manage risk effectively. 📊🔍 Monitor LINK's price movement closely for potential entry opportunities! #LINKTrading #CryptoAnalysis 🌐🔒
Long
by Richtv_official
LINK/USDT 4H ChartHello everyone, let's take a look at the LINK to USDT chart on a 4-hour time frame. As you can see, the price is moving above the local uptrend line. Let's start by determining support and, as you can see, first we have a support zone from $13.77 to $12.90, then we have visible support at $12.34 and then the third support at $11.55. Now let's move on to the resistance lines, as you can see the first resistance is at $13.98, if you manage to break it, the next resistance will be at $15.02, $15.71 and the fourth resistance at $16.67. The RSI indicator and the STOCH indicator are approaching the lower limit, which may slow down the current correction, which will keep the price in the support zone.
by cryptodailyuk
🔗 LINK Trading Strategy 📈💡Entry Point: If BTC stabilizes and LINK tests the $10.00 - $11.00 support, consider entering a long spot trade. Trade Parameters: Entry: $10.00 - $11.00. Take Profit: $12.80 - $13.50 or $16.00 - $16.80. Stop Loss: Just below $9.60. Risk Management: Utilize a tight stop loss to mitigate potential losses. Monitor BTC stability as it may influence LINK's movement. 📈💰 Stay vigilant for favorable entry conditions! #LINKTrading #CryptoAnalysis 🚀🔍
Long
by Richtv_official
Trading Signal For LINKUSDT Chainlink Trading Setup: A Trading Signal is seen in the LINKUSDT Chainlink Traders can open their Sell Trades NOW ⬇️ Sell now or sell on 15.09 ⭕️SL @ 15.77 🔵TP1 @ 13.00 🔵TP2 @ 11.66 🔵TP3 @ 10.40 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments .
Short
by pullbacksignal
9
LINKUSDT.1DThe daily chart for Chainlink (LINK/USDT) indicates a recent bearish trend, as highlighted by the descending trendline, with the current price at $12.995. The chart showcases a resistance level (R1) at $16.577, beyond which R2 and R3 are marked at $21.477 and a high near $22.868, respectively. The primary support level (S1) is set at $12.205, which is crucial for maintaining the current bearish structure. If the price breaks below this support, it could lead to further declines, potentially testing lower supports not identified on the chart. The RSI is near the oversold territory at 38.28, suggesting that the market might be nearing a point where a reversal could occur if buyers step in. The MACD is below the signal line and in the negative zone, reinforcing the bearish momentum indicated by the price action. Traders may consider looking for buying opportunities near the support level if bullish signals emerge, such as a bullish divergence on the RSI or a crossover to the upside on the MACD. Conversely, a break below S1 might be used as an entry point for short positions, with the expectation of further declines. A break above the descending trendline and resistance at R1 could suggest a potential reversal, targeting higher levels up to R2 and R3.
Long
by MarsSignals
Is LINK getting ready for an upward move?Hello everyone, let's look at the 4H LINK to USDT chart, because you can see how the price is moving in the local downtrend channel, and what's more, you can see a break from the bottom of the uptrend line. Let's start by setting goals for the near future that we can include: T1 = $15 T2 = $15.80 T3 = $16.33 AND T4 = $17.05 Now let's move on to the stop loss in case of further market declines: SL1 = $13.79 SL2 = $13.17 SL3 = $12.41 AND SL4 = $11.78 The RSI indicator shows that we are bouncing off the local downward trend line, which causes the price to rebound again, while the STOCH indicator is constantly moving at the lower border, which may lead to an attempt to rebound the price and exit the channel at the top.
by cryptodailyuk
LINK/USDT 4hInterval CHARTHello everyone, let's look at the 4H LINK to USDT chart as we can see that the price is moving below the local downtrend line. Let's start by setting goals for the near future that we can include: T1 = $15.22 - $16.25 T2 = $17.33 T3 = $18.81 AND T4 = $20.72 Now let's move on to the stop-loss in case of further market declines: SL1 = $14.46 SL2 = $13.45 AND SL3 = $12.74 - $11.82 Looking at the RSI indicator, we can see that small price movements returned the indicator to the lower part of the range, while the STOCH indicator returned to the lower limit, which may affect the current stop of the correction.
by cryptodailyuk
LINK/USDT 4HInterval ChartHello everyone, let's look at the 4H LINK to USDT chart as we can see that the price is moving below the local downtrend line. Let's start by setting goals for the near future that we can include: T1 = $16.14 T2 = $17.38 T3 = $18.75 T4 = $20.54 AND T5 = $22.88 Now let's move on to the stop-loss in case of further market declines: SL1 = $14.39 SL2 = $13.34 SL3 = $11.79 AND SL4 = $9.16 Looking at the RSI indicator, it can be seen that it began to turn around before the upper limit, while the STOCH indicator, despite a slight price recovery, returned to the lower part of the range, which creates room for a new increase.
by cryptodailyuk
🔗📈 LINK Trade Opportunity! 📈🔗📊 Analysis: Support Level: Chainlink (LINK) is currently trading at a support level, indicating a potential buying opportunity. Entry Range: Consider entering the trade between $12.75 and $13.50, aligning with the current support. Profit Targets: Aim for profits at $16.00 - $16.75 or $18.65 - $19.50 resistance levels. Risk Management: Set a stop-loss just below $11.78 to manage potential losses. 📈 Trading Strategy: Entry: Initiate a long position within the specified range of $12.75 - $13.50. Targets: Take profits at identified resistance levels. Risk Control: Implement the specified stop-loss to control downside risk. 🚨 Note: Stay vigilant and adapt your strategy as market conditions evolve! 📊🔍 #LINK #TradingOpportunity #CryptoAnalysis 🌟📈
Long
by Richtv_official
Chainlink (LINK): Oversold and Undervalued. Surge to $37+Finally, after a long wait, we got filled on Chainlink, and we entered at $12.93. This is our entry point. The entry is holding up quite well and solid so far. We still see strength in Chainlink and we do not believe that our large stop-loss will be triggered. Also, for the first time since May 2022, the RSI has fallen into the oversold area, which is another sign of how strongly Chainlink has been sold off. We are holding on to this and still expect an increase to at least $37.45, probably even to $47.45.
CRYPTO:LINKUSDLong
by freeguy_by_wmc
📈LINK: Key Levels and Market Indicators in Daily Time Frame💎🔍Today, we're analyzing LINK in the daily time frame. After reaching a peak at 20.623, we experienced several fakeouts, and now we've retraced to around 13. This level has acted as a strong support, preventing further downside movement. 📈🛒Currently, we're seeing a strong buying candle, indicating a potential entry point for buyers. Moving forward, let's consider other parameters to confirm our analysis. 📊Firstly, let's analyze the volume. After the recent selloff candle, we encountered significant buying volume at the support level. However, volume has significantly decreased since then, with red candles showing decreasing volume day by day. This divergence suggests caution and indicates a lack of confirmation for the current trend. 💥Looking at the RSI, we observe that it has reached oversold territory, which could serve as an attractive entry point in an upward trend. However, there is minimal divergence, particularly visible in the 4-hour timeframe. Positive divergence triggers above the 30 line on the RSI could confirm its activation. On the flip side, a crucial resistance at 36.06 may hold the RSI in check, resulting in price ranging behavior. 💎Observing the SMAs, we note that the SMA7 has reached the candles, but the candles are closing bullish, indicating that the SMA7 may not exert significant pressure. Conversely, the SMA25 has distanced itself from the candles, suggesting that either the candles need to move towards the SMA25 or range until the SMA25 catches up. ✅Considering these parameters, it appears that the price has a stronger inclination towards upside movement compared to downside. Potential upside targets include 16.699 and 20.623. However, it's essential to remember that nothing in the market is guaranteed, and support levels may fail. In such a scenario, activating a stop-loss for long positions and considering short positions may be prudent. Potential downside targets could be 10.989 and 8.377. 🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2
Long
by itsparham96
LINKUSD: Potential Long Entry on the Horizon with Bollinger BandIntroduction Chainlink (LINKUSD) is a cryptocurrency that powers a decentralized oracle network for smart contracts. It provides a secure and reliable way for blockchain applications to access off-chain data, enabling a wider range of functionalities. This article analyzes LINKUSD through the lens of Bollinger Bands and a potentially reversing trend, suggesting a possible long entry opportunity in the near future. Understanding Bollinger Bands Bollinger Bands are a technical analysis indicator that utilizes volatility to depict potential price movements. They consist of three lines: • Simple Moving Average (SMA): This line represents the average price over a chosen period. • Upper Bollinger Band (UBB): Two standard deviations above the SMA, indicating potential resistance areas. • Lower Bollinger Band (LBB): Two standard deviations below the SMA, indicating potential support areas. The Bollinger Bands expand and contract based on volatility. High volatility widens the bands, suggesting a more volatile market, while low volatility narrows them, indicating a calmer market. LINKUSD and Bollinger Bands Analyzing the LINKUSD chart with Bollinger Bands reveals valuable insights: • Recent Price Movement: LINKUSD has been trading within a relatively tight Bollinger Band range for the past few weeks. This suggests a period of low volatility, with price movements largely contained within the bands. • Squeeze: The recent Bollinger Band contraction indicates a potential squeeze. Squeezes often precede significant price movements, either upwards or downwards. Reversing Trend Signals Technical indicators alongside Bollinger Bands can strengthen the long entry case for LINKUSD. Here are a couple of reversal signals to consider: • Relative Strength Index (RSI): The RSI is a momentum oscillator that measures the magnitude of recent price changes. An RSI value below 30 suggests the asset may be oversold, potentially indicating a trend reversal. • Moving Average Crossover: A bullish crossover occurs when a shorter-term moving average crosses above a longer-term moving average. This can signal a shift in momentum from bearish to bullish. Combining Bollinger Band Squeeze and Reversal Signals By combining the Bollinger Band squeeze with potential reversal signals from indicators like RSI and moving average crossovers, traders can identify potential long entry opportunities. • Breakout from Upper Bollinger Band: A breakout above the Upper Bollinger Band, following a squeeze, can signal a bullish trend reversal. This suggests the price may overcome resistance and continue upwards. • Increased Volume: If the breakout is accompanied by a surge in trading volume, it strengthens the bullish case, indicating increased buying pressure. Why Consider a Long Entry Now? Here are a few reasons why a long entry in LINKUSD might be worth considering based on the current technical analysis: • Bollinger Band Squeeze: The recent squeeze suggests a potential breakout, which could signal a trend reversal. • Oversold RSI: If the RSI dips below 30, it might indicate oversold conditions, making LINKUSD an attractive buying opportunity. • Positive Developments in the Chainlink Ecosystem: Positive developments within the Chainlink ecosystem, such as new partnerships or integrations, could boost investor confidence and lead to a price increase. Important Considerations Before Entering a Long Position While the technical analysis suggests a potential long entry, it's crucial to consider other factors before making any investment decisions: • Market Volatility: The cryptocurrency market is inherently volatile. Price swings can be significant, and unexpected events can disrupt even the most well-thought-out trading strategies. • Fundamental Analysis: Don't solely rely on technical analysis. Conduct fundamental analysis to understand Chainlink's project roadmap, team, and overall market position. • Risk Management: Always implement proper risk management strategies, such as stop-loss orders, to limit potential losses. Conclusion The combination of Bollinger Band squeeze, potential RSI oversold conditions, and a possible trend reversal suggests a long entry in LINKUSD might be on the horizon. However, remember that technical analysis is not a foolproof method, and fundamental analysis and risk management are crucial for informed investment decisions. Disclaimer: This article is for informational purposes only and should not be considered financial advice. Please consult with a qualified financial advisor before making any investment decisions.
COINBASE:LINKUSDLong
by bryandowningqln
Real World Assets (RWA) : The Future of Finance or Hype !?The cryptocurrency market has evolved significantly over the past decade, moving beyond its initial focus on digital currencies to encompass a broader range of assets, including real-world assets (RWAs). RWAs represent tangible assets such as real estate, commodities, and financial instruments that are tokenized and traded on the blockchain. The integration of RWAs into the crypto ecosystem offers a multitude of benefits, including: Enhanced Access to Financial Markets: RWAs democratize access to traditional financial markets, enabling individuals and institutions to participate in asset classes that were previously inaccessible or illiquid. Increased Transparency and Efficiency: Blockchain technology provides a transparent and immutable record of asset ownership and transactions, reducing counterparty risk and improving operational efficiency. Fractional Ownership and Reduced Investment Barriers: Tokenization of RWAs allows for fractional ownership, lowering investment barriers and enabling broader participation in asset classes that were traditionally reserved for high-net-worth individuals. Diversification and Risk Mitigation: RWAs introduce diversification opportunities into crypto portfolios, potentially reducing overall portfolio risk and enhancing risk-adjusted returns. Top 5 RWA Coins with Promising Potential: LINK: Chainlink (LINK) is a decentralized oracle network that connects blockchains to real-world data and services. It plays a crucial role in bridging the gap between the crypto and traditional worlds, enabling the development of RWA-based applications. Technical Analysis: LINK's weekly chart exhibits a massive range consolidation pattern, suggesting a period of accumulation. A recent liquidity sweep below the range followed by a surge in price indicates a potential breakout. The current price action near the $12 support level could trigger another upward move. PENDLE: Pendle (PENDLE) is a decentralized finance (DeFi) protocol that enables users to create customized fixed-rate or yield-bearing tokens for any asset. It facilitates the creation of RWA-based derivatives, expanding the range of investment options available in the crypto space. Technical Analysis: PENDLE's daily chart showcases an ascending channel pattern with a recent breakout and retest of the upper trendline. This bullish pattern, combined with the coin's relatively new status in the market, suggests strong upside potential. A price target of $12 appears achievable. MKR: Maker (MKR) is the governance token of the MakerDAO decentralized stablecoin platform. It plays a central role in maintaining the stability of the DAI stablecoin, which is often used as a collateral for RWA-backed loans. Technical Analysis: MKR's daily chart displays a liquidity sweep below the 1800-1900 support range followed by a surge to $3400. The recent pullback and retest of the 0.5 daily imbalance level at $2500 presents an opportunity for a potential rally to $5000, aiming to fill the imbalance gap. SNX: Synthetix (SNX) is a DeFi protocol that enables the creation of synthetic assets, including those pegged to RWAs. It offers a decentralized alternative to traditional asset trading, expanding access to a wider range of assets. Technical Analysis: SNX's weekly chart exhibits a large triangle pattern, indicating a period of price consolidation and building tension. The recent breakout and retest of the trendline signal a bullish trend. A price target of $7 appears feasible if the trendline support holds. ONDO: Ondo Finance (ONDO) is a DeFi protocol that focuses on structured products and options trading. It utilizes real-world market data to create innovative financial instruments, enabling users to hedge against risks and speculate on market movements. Technical Analysis: ONDO's daily chart displays an ascending trend with consistent retests and positive momentum. The coin's ability to efficiently utilize liquidity is evident in its price action. Continued accumulation of liquidity could propel ONDO to new highs. Conclusion: Real-world assets (RWAs) are poised to revolutionize the cryptocurrency market, introducing new investment opportunities, enhancing financial inclusion, and bridging the gap between traditional and decentralized finance. The top 5 RWA coins discussed in this article – LINK, PENDLE, MKR, SNX, and ONDO – represent promising projects with the potential to shape the future of RWAs in the crypto ecosystem. As the adoption of RWAs continues to grow, these coins are well-positioned to capture significant value in the evolving financial landscape.
Long
by Yaroslav_Krasko