LINK cleared the resistance going for 20+?BIST:LINK is looking good with this daily closure! I am aiming for $20
LINK
LINK/USDT 4H ChartI invite you to review the LINK chart taking into account the four-hour interval. Here we will start by defining, using the blue lines, the upward trend channel from which the price broke out at the bottom, but we can see a quick return and a fight to return to the channel. At this point, it is also worth marking the local downward trend line in yellow, which the price has broken with an upward movement.
Looking at the current situation, we will spread the Fib Retracement grid, thanks to which we can confirm the place of return to the channel, as the first significant resistance at the level of $14.28, then we have a visible second resistance at the level of $15.57, and then located at the upper border of the upward trend channel , a strong resistance zone from $16.50 to $17.67.
Please look at the EMA Cross 10 and 30 indicator as we can see the red ema cross 10 line attempting to cross the green ema cross 30, potentially indicating a return to the local uptrend. However, it is worth being careful whether this is just a false breakout and the price will start to reverse.
In such a situation, we will unfold the fib retracement sheet again to determine the supports. And here you can see support at the level of $13.79, and then it is worth marking the support zone from $12.74 to $12.19, if this zone is broken, we can see the price return to around $10.59.
Now it is worth switching to the RSI indicator, which shows an upward trend line that gives rise on the chart, with room for new movements, but after switching to the STOCh indicator, we see that a downward trend has begun, which may, however, result in a price correction.
link going to 11$?hi guyz
As shown in the chart, the price failed to stabilize above the support.
Even from another look, he sees that he gave a farewell kiss to the support area.
The most important price node available is $11.1, which in my opinion, the price can go down to the specified area in the next few days.
And if there is no stabilization in this area, the next peak will be between 9.5 and 10 dollars
Looking at the moving averages, we also notice that the sellers performed stronger
(mv50 and mv 200 4h)
In the daily time frame, we can see that the moving average is on the level we mentioned in the 4-hour time analysis
Link Intraday 4H, Elliott wave countAfter completed 5 waves up, we are looking lower against 6.507, to complete an ABC correction, wave (2), with possible targets 0.5-0.618 fib retracement.
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Strong PotentialIn the weekly chart, LINK is showing strong potential for a price increase. If it follows a rising trend, it could quickly reach the higher price levels that are being monitored.
This indicates a possibility for growth in its value, highlighting the asset's positive momentum in the market. It's important to watch these trends closely, as they will influence how quickly and significantly LINK moves towards these higher price points.
This analysis is informational, not financial advice.
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LINK - Wyckoff Reaccumulation w/Spring + OBV StrengthLINK
A textbook Wyckoff Reaccumulation Spring with a clear ABC with volume in all the right places.
Sweep the channel with lacking volume while the OBV X-ray view is signaling a solid potential of UP is in the works.
🔗Chainlink (LINK): Critical Support Broken, Potential Recovery BIST:LINK has broken a daily support line and is now within a support zone of $13.5 - $15. If LINK reclaims this support zone and the daily resistance trend line, there is potential for a move to the $17 - $18.5 resistance level. Set a stop loss at $11.5 to manage risk. 📉🔗
#LINK #CryptoTrading
LINK 12H Bearish SceneLINK SHORT SETUP, first target should be in 11.00 range and last target should be in 7.50 range.
LINKUSDT - This is not Gold! This is LINK! "Hi traders!
As we anticipated in this analysis , we are expecting a small bearish cycle. Therefore, we need to select our gems before the bear market occurs!
This presents another opportunity that we'll keep an eye on.
Good entry: ~ 9$
LINK/USDT Assessing Bullish Potential from Key Support?👀🚀LINK💎 Paradisers, let’s focus on #LINKUSDT as it demonstrates a critical juncture in the market. Currently holding a key support level, it is showing signs that point towards a potential bullish movement.
💎 #CHAINLINK has consistently respected the support level at $14.988 without breaking below it. This steadfastness in maintaining its position above this support level is now leading to a heightened probability of a bullish trend, targeting the significant resistance at $17.206.
💎 However, in the ever-changing landscape of the crypto market, the ability to adapt strategies is vital. If #LINK faces challenges in maintaining its stance above the $14.988 support, we may need to recalibrate our approach.
💎 This could involve preparing for a bullish resurgence from a slightly lower support level at $14.769. Crucially, if BIST:LINK falls below this secondary support, it could signal a shift towards a bearish market direction. 🌴💰
LINK POTENTIAL GOES UP TO $26 TO $34 After Long AccumulationLink includes the DeFi coin category which I think will rise in 2024.
There is a high probability that soon, this LINK will break out of the markdown structure.
LINK is observed to have accumulated for almost a year. The coin has been quite stable in recent months.
At this time it tends to move slowly. It is suspected that there is an accumulation phase at each stage before the high rise.
The predicted increase is in the first quarter and third quarter of this year.
So start again up-trend(LINK)❤️❤️Thanks for boosting 🚀 and supporting us!
📈Back to again start . Startes .
📊 (Entry) : 14.86
🔴 Stop Loss : 14.17
🎯 Take Profit : 15.47-15.95-16.70-17.30
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👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
LINK prepare for longTime is running out for a good LINK entry!?
It's time to prepare for Chainlink bull run!
If the market decide to make a big "ETF-move" - I see LINK leave the bull flag with speed and never come back.
I see next big stop at 27 dollar - potential 85%.
I still think 15 dollar for LINK is really cheap, but 14.0 - 14.6 could be nice area for some limit orders!
I will not wait for any break and retest of the bull flag, I have way to much confidence in LINK and I also plan to hold link "forever".
I don't think the big money will ignore LINK, when it starts to move!
Link/USDT strong demand areaLINK/USDT
This area of demand for the link is very important and can push the price up
Trade according to the personal capital management system and after receiving the entry trigger
linkIt has an important support in this area, which I hope will not be broken and will start an upward movement
Inverse #Cramer SELL ALL YOUR #Crypto!! :)I still see disbelief at this rally
I'm starting to see anger at having missed the bottom and lower entry points
Some noobs and some crypto OG's are still holding #stablecoins
having locked in their losses.
I see crypto total market cap at over 5 trillion in 2 years
Life changing money is to be had, but the multiples rapidly shrink the higher these prices go,
I believe we pump into May
sell and go away till sept could be an aggressive strategy
Or jus hold for 2 years .. couldn't be easier
Don't let a few red Candles shake you out of you #CRYPTOpositions.
You should have had plenty of time to accumulate bluechip #ALTS and #ETHEREUM
Red candles are a blessing this year, if your still positioning yourself for the next Bull run
We will swing wildly between Hope and Despair on the #WallSt cheat llst
Yet the path remains up.
Remember #ETH was sub $900 last June
Maybe the doubters will change their mind after a Triple :)
Chainlink - bearish back-up scenarioAs back-up & not highly likely IMO
The bearish Chainlink scenario useful to...
1 - find invalidation point as confirmation for bullish investment
2 - be prepared for sudden Crypto panic & fear mode
3 - find good levels to DCA more coins
It was hard not to see the bullish outlook for Link🤣
Comments💭, Likes♥️ & Follow🔗appreciated🤗
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
LINK/USDT - Chainlink: Falling Wedge◳◱ On the $LINK/ CRYPTOCAP:USDT chart, the Falling Wedge pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 16.264 | 17.265 | 19.582 and support near 13.947 | 12.631 | 10.314. Entering trades at 15.259 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Chainlink
▣ Rank: 16
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: Services - Data Management
▣ Overview: Chainlink is a decentralized oracle network. It aims to serve as a middleware between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds.
◰◲ Technical Metrics :
▣ Mrkt Price: 15.259 ₮
▣ 24HVol: 75,890,616.439 ₮
▣ 24H Chng: -4.917%
▣ 7-Days Chng: -2.66%
▣ 1-Month Chng: 5.93%
▣ 3-Months Chng: 89.72%
◲◰ Pivot Points - Levels :
◥ Resistance: 16.264 | 17.265 | 19.582
◢ Support: 13.947 | 12.631 | 10.314
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: SELL
◰◲ Technical Indicators Summary : SELL
◲◰ Sharpe Ratios :
▣ Last 30D: 0.96
▣ Last 90D: 3.18
▣ Last 1-Y: 1.59
▣ Last 3-Y: 0.58
◲◰ Volatility :
▣ Last 30D: 0.85
▣ Last 90D: 0.93
▣ Last 1-Y: 0.75
▣ Last 3-Y: 1.09
◳◰ Market Sentiment Index :
▣ News sentiment score is 0.74 - Bullish
▣ Twitter sentiment score is 0.59 - Bullish
▣ Reddit sentiment score is 0.50 - Bullish
▣ In-depth LINKUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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LINK - Wyckoff Reaccumulation Schematic#LINK
Link is following a texbook Wyckoff Reaccumulation Schematic as seen in one from an ETH chart on the left, which includes an Elliott's Wave ABC then another, once liquidity has been grabbed on the 3rd pop up.
* Note there is usually a variance between the schematic images when compared to real time Cryptoland due to what I assume is high leverage stop hunting.
LINKBTC - Retest A test of an upper trendline due to the presence of an inverted H&S forming.
This H&S will be short-lived however as these pairs tend to trend downward which is what I am applying to this chart.
LINK - Liquidity Grab then Double Bounce to Infinity#LINK Update
Projection unfolding as it has multiple times across history. First grab some liquidity then one last bounce on top of support before moonshot...
