LINKUSDT - Breakout after an extended Period of Consolidation!!LINKUSDT (1D Chart) Technical analysis
LINKUSDT (1D Chart) Currently trading at $8.2
Buy level: Above $8.1
Stop loss: Below $7
TP1: $9.5
TP2: $12
TP3: $14
TP4: $18
Max Leverage 3x
Always keep Stop loss
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LINK
Perl the next trend startsToday I want to consider the position of perl, which, along with uft ooki pros cvp, has so far the highest goals for growth in the mid-range up to 3-5X and has repeatedly pleased with profits last year. The project is only developing and will still show itself. Today, perl was listed on CoinDCX, which will provide an increase in the volatility of the coin. Under the overall negative dynamics of the market, we rebounded from the profit-taking zone, which has already brought up to 90% profit, but there was a breakdown, which will ensure a return to the zone in the future. Since September, there has been a trend reversal, sales have been fully repaid and a new wave of growth begins to swing. The key level for the coin is 0.025, the breakdown of which opens the possibility of a hike to 0.050-75 and an increase in volatility. By the end of the month, we can expect an attempt to break a new bullish trend line and a stable consolidation above 0.025 with a further trend. Opening a month above the level will give stable support to purchases. I would like to note that the December impulse broke through the level of 0.050, which technically makes it possible to test 0.075 this year.
LINKUSD reminding us of its glorious days.Chainlink (LINKUSD) smashed through our 8.000 target (and the Lower Highs) that we set on the September analysis (see chart below):
The price made a 17-month High, broke above the 1W MA100 (green trend-line) for the first time since the week of February 07 2022 and has essentially welcomed the new Bull Cycle as it's now above even the Bear Cycle's Lower Highs. The last Resistance standing is the 1W MA200 (orange trend-line), currently at 13.1636.
We have shifted our focus on the more long-term 1W time-frame as it allows us to compare LINK with the previous Cycle, at the time when the 1W RSI first turned overbought above 70.00 (as it has now). That was on the week of May 13 2019, on a strong 3-week rally (as currently), with the 1W MA50 (blue trend-line) turned into Support.
The rally didn't stop there but instead extended up to the 2.618 Fibonacci extension. There is no reason to expect a stop before at least $18.00, which is the March 2022 High. The 2.168 Fibonacci is a little over $20.00.
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The key is whether the price can be maintained above 9.870Hello?
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(LINKUSDT chart)
(1M charts)
The key is whether it can rise above 15.13.
To do this, it is important to receive support around 11.236.
(1W chart)
The key is whether it can receive support in the 10.852-12.754 range and rise above 15.0.
If possible, I would like to see a movement that causes the HA-High indicator to fall and be created by shaking it up and down.
(1D chart)
The key is whether the price can be maintained above 9.870 and rise above 13.660-20.410.
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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LINKUSDT The curse was broken
For over 500 days, the price of the BINANCE:LINKUSDT below $9.7 was traded, but finally, today, this resistance line has been broken, and the price has been trading above this line for a moment, indicating the end of endless ranges in this area.
In my opinion, this could be the beginning of further price growth.
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
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WHY IS LINK PUMPING TODAY?Why is Chainlink BINANCE:LINKUSDT pumping today?
Last month, I forecasted this coin on reach to a year-long resistance and to watch out for a potential breakout or pump in the upcoming weeks.
Now, BINANCE:LINKUSDT pumped because of a year-long breakout , that's 16 months to be exact.
What should we do next?
Scalping either long or short would be best in my opinion but be sure to have a setup for that strategy. For intraday traders, be patient for finding some possible bullish patterns (mini resistance breakouts, head and shoulders, cup and handle) as the coin is still in an uptrend. Take note, we can see retracements for the coin price, as the price would wait to be stable from the yearly breakout.
From a technical standpoint, I would rely on identifying a common resistance for a potential take profit area.
I find the $11,446 resistance line convincing since it presents strong support and could be a new resistance line for the coin (click the chart above for better quality) . Another would be at near $12 range, based on the fib retracement of .382 from its all-time high.
This would take possibly a week or more in order to reach that price that I've mentioned.
If you entered the breakout, congratulations! Now, you need to do set a protective stop profit in tranches.
Plot your support line because that will be a guide in taking partial stop profits. In this case, I would plot a diagonal support line. If a breakdown happens with confirmation of candles and your indicators, you could take a bit of your profit OR for those who did not enter, execute a scalp short play and plot your Fibonaccis.
I'll add more forecast to this idea but will update you in the comments section.
Thanks to those who are supporting my past ideas, means a lot. Feel free to comment your questions or suggestions and please follow my profile on this platform for more of this and possibly add more trading content.
PLAN your trades, happy trading!
Link $18 Hello, friends!
In March, I conducted an analysis of the Link coin. At that time, key zones for potential purchase were identified. Today, we can see that the coin has reached the buying level and has begun to show activity, moving upwards.
Based on the previous analysis, we make the assumption that the Link coin may soon reach the $18 level. Considering the previous analysis data and trends, this level could become a reality in the near future.
New Week, New Challenges! 💪Hey Traders! 🙌
New week, new challenges, and the markets are buzzing! 🐝
🔥 Bitcoin: It's at a pivotal 31K level. Keep an eye on the resistance cluster. If it breaks, we could see 45K. 🚀
📉 NASDAQ: Currently at a major resistance level of 14,646. Today's opening is crucial. Will it rebound or sink? 🤔
📊 S&P 500: We've been short and it's paying off. Watch the U.S. market opening closely. It's a 50-50 game right now. 🎲
🛢️ Oil: Closed long positions at 93. The Middle East situation is making it volatile. Don't fall for the long trap. 🚫
🔗 Link: Our next target is 14.44. The chart is straightforward and bullish. 🐂
🌍 And hey, it's 2023. Let's hope for peace and positive vibes all around. 🕊️
🔒 Gold: Not my preferred asset, but if it breaks over 2001, I might go long. 🏆
That's it for now! Stay tuned for more updates. 📲
One Love,
The FXPROFESSOR 💙
Video transcript:
0:05 New week, new challenges, let's go. Hi everyone wishes for a nice week. First of all Monday and a Monday with Bitcoin storming to 31k and getting rejected for the time being before it tests a very crucial resistance cluster which I have covered very, very recently in many occasions.
0:32 So we're going to go through my ideas, but just so that you know the levels. We have support at 29,000.
0:41 We probably have a lot of support over here. Moving exponential. Moving average around just below 30,000 also. And you cannot detect the 30,000 as a round number the same way.
1:00 You cannot leave this level here, which is also support. So. I'm expecting to test this major resistant cluster and then we'll see if we will have a breakout from here.
1:13 So let's put it there. Time has progressed a little bit. Okay. And that would be the big one because the next level.
1:21 Would be around 45,000 according to my analysis according to the same charts that I've been sharing in the last few months at the same time.
1:32 We have situation in the Middle East, which is no We'll have. We have been short on indices and I can tell you that Nasdaq has lost this major level.
1:46 Okay, so this is now Nasdaq at major resistance. At 14,646, so today's opening will be crucial to see if the indices will be able to do better.
2:08 Okay, and if they will be able to rebound from there, you can see how huge this level is. So according to my analysis, this level is going to cause concerns and we can see NASA dropping even more.
2:24 Similar chart. With SMP 500, which is has some support there, but we have been short from there. So let's go to this chart and then I will show you the easiest chart.
2:38 We have these last a few months and the best entry we had on link and why we did so well and why we have a new breakout.
2:46 And I can see 14.4 as the next target. But before we do that, let's go to the previous charts. So I have the video explaining why the 31 K is a pivotal level and why it's crucial.
3:02 And we are there chart that you looked just a few minutes ago. Of course, before that we had October. And most importantly, this entry here, which was up to 29, more than 75% possibility.
3:21 And the next level are 31 K and I called it. I had the the balls to. Say that maybe it's time to say ideas to 25 K or lower.
3:36 And of course from there, the chart worked exactly. We did have a retracement there at 26, 600 and we had a.
3:45 Hopefully entry and from there we've been going higher and higher. Okay. So 26 600 600 the last entry 29,000 checked.
3:56 You see how it acted as a level of resistance. The price thought and now almost. 31,000. We haven't checked my level clearly, but I believe that's what happening next.
4:07 At the same time, we need to, I mean, we can go through the altcoins. Okay. But before we do that, we had crude oil.
4:21 Okay. We closed along positions at 93 and we were very right to do so. You see this chart also working really, really well.
4:30 And the situation in Middle East is affecting the price of oil. Oil and a lot of trades are going long, big time on oil, but we didn't fall for that trap because that's what it ended up being.
4:41 And of course, S&P 500, given that we have altcoins we have Bitcoin and some altcoins. Long we had to be hedged.
4:51 So we gave a fantastic entry guys on S&P 500 short. And you can see again how this level played out very, very nicely.
5:00 And I believe that today's US opening will be very important. We already have NASDAQ and you saw it's under support.
5:10 S&P is going to check its own support. And then we'll see what happens at the US market opening if we will have a rebound or if it will go lower.
5:20 If you ask me right now, I will consider it's 50-50. I'm going to close with LingQ. So LingQ, the most straightforward chart you have, we have seen.
5:32 So the last entry we had was at 6.03. As you can see, you say, hey professor, Yes, sir. 5,000, blah, blah, blah, but is it really 5,000?
5:40 No, it's a lot more guys because it was open at 6.03 and it was compounded and doubled along the way.
5:47 But we took profit here and here. You can see how straightforward this chart is. Just like it's the simplest chart in the world is a channel, okay?
6:00 And resistance, resistance, resistance, support, support, support. Last time we have the fakeout here and the it's back on, back being bullish and the last entry was here at some different levels and a different exercise as I had shared with my audience over here and of course 14.4 is the next target
6:23 because what do we have today? We have the breakout, so if I go to the 15 minute chart, we had a breakout here and that means that this level is now the new support, okay?
6:37 And take a wild guess if the price dips under there. We'll go short. But for the time being, we remain long and the next target is 14.44.
6:49 Okay, let's not look higher. 14.44 would be an awesome level to conclude this trade, which again, we had already taken profit once, twice, but we actually did increase it here.
7:04 We've been quite active in my community with trading link and the chart has been working really, really nice. Now, link is a very important altcoin, but we could look at bitcoin first, so this is a bitcoin chart which I will share with you on a different post, just a chart.
7:27 So let's see how you are. Let's wish for peace in the Middle East and everywhere. It's the year 2023. Do we really need to kill each other and divide ourselves and think about all the negative things?
7:41 Or can we find some f****** solutions and work around? Something positive on this planet? Well, I don't know, but Bitcoin remains my top asset because if the shit hits a fan, Bitcoin is what I'd like to hold.
7:54 If the banks go bust, Bitcoin is what I'd like to hold. If the economy goes well, and that's what we hope, and if the trouble is saved, then we would like to see the ETFs joining, and Bitcoin has already, I believe, proved itself as the best safe haven.
8:10 I mean, maybe we should like take a look at gold before I go, and a lot of people rush it.
8:16 We are getting into buy gold, especially older fellas that they don't understand what Bitcoin is, but what we had here, October 20th, gold resistance 2001.
8:27 So I guess I was right again, at least for the time being, but that gives us a nice heads up.
8:33 To go short on gold and my target for gold is 1938 and 1881. Yes. If it does break over 2001, I'm going to go long to 2052 and eventually 2134, but that's not a lot.
8:48 I'd rather stick to Bitcoin, which again is my preferred assets. That's it from me. Take care. Catch up with you later.
8:56 I love you.
LINK ANALYSIS (3D TF)After the bullish mCH, the LINK symbol went up and gained a lot of momentum. The LINK symbol attempts to sweep the liquidity pools indicated on the chart. The red box is where it can reject the LINK symbol down. Note that the time frame is large and time-consuming
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
$LINK/#BTC [#Chainlink]: BBand_Breakout Resistance_Breakout_Conf◳◱ Hey traders, we've identified bullish signals on the $LINK / $BTC chart through the detection of both a Bollinger Band breakout and a Resistance Breakout. The Bollinger Band indicates a potential bullish trend as the price has moved outside of the upper band, while the Resistance Breakout confirms this trend by showing the price breaking above a key resistance level. Given the alignment of these signals, it may be a good idea to consider entering a long position and targeting higher levels. Our analysis indicates that the key resistance levels are at 0.0003392 | 0.0003658 | 0.0004131 and the major support zones are at 0.0002919 | 0.0002712 | 0.0002239. However, it is important to also consider other factors such as overall market conditions and other technical indicators before making a trade decision.
◰◲ Technical Metrics :
▣ Current price: 0.0003319 ₿
▣ 24H Volume: 489.982 ₿
▣ 24H Price change: ⯅⯅ 8.998%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.0003392 | 0.0003658 | 0.0004131
◢ Support: 0.0002919 | 0.0002712 | 0.0002239
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◳◰ Market Sentiment Index :
▣ News sentiment score is 0.84 - Very Bullish ⯅⯅
▣ Twitter sentiment score is 0.53 - Bullish ⯅
▣ Reddit sentiment score is 0.68 - Bullish ⯅
▣ In-depth LINKBTC 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!
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LINK take profit targets Chainlink take profit targets
Possible Targets and explanation idea
➡️Over 530 days in a range around 27 fib zone
➡️A lot of recommendation close short position signals by Trade ON indicator
➡️Based on my money power indicator we got 2 bullish RSI div on Weekly
➡️Last bullish MACD div on weekly
➡️Take profit some % zones marked red block around 0.5 and 0.618 lvl
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LINK bottom 0.4~5.712h time frame
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On the basis of our BTC analysis, market need a dump to correct price and liquidate long as much as possible before bull. Also, we can see LINK has strong trend recently, it broke above that box range and goes into the resistance zone from 10.7~12.2, which is good to set short trading plan. Target is 0.4~5.7, this is also the sweet price to buy spot.
Celebrating LINK's Remarkable Breakthrough - Long LINK Our beloved LINK defied expectations and broke through its one-year trend with an incredible 13% jump! 🚀
Let's take a moment to appreciate the magnitude of this achievement. LINK has not only shattered the barriers of its previous trend but has also shown its potential for continued growth. This remarkable breakthrough is a testament to the strength and resilience of the LINK community and its long-term vision.
Now, you might be wondering, what does this mean for you as a trader? Well, my friends, it means that there's an incredible opportunity knocking at your door. The time has come to consider joining the long LINK movement and seize the potential for further gains.
Why long LINK, you ask? Here are a few compelling reasons:
1. Momentum: LINK's recent surge has demonstrated its ability to defy trends and propel itself to new heights. By long LINK, you can ride the wave of this positive momentum and potentially maximize your profits.
2. Strong Fundamentals: LINK's underlying technology and the team behind it have repeatedly proven their worth. With a solid foundation, LINK has the potential to continue its upward trajectory.
3. Diverse Use Cases: LINK's integration with smart contracts and decentralized finance (DeFi) applications has opened up a world of possibilities. As the demand for DeFi grows, LINK's value is poised to follow suit.
So, how can you get in on the action? It's simple! Take a moment to evaluate your trading strategy and consider adding a long position on LINK to your portfolio. Keep a close eye on market trends, set realistic targets, and remember to diversify your investments for a well-rounded approach.
Remember, trading is both an art and a science, and timing is everything. While the past performance of LINK is no guarantee of future results, it certainly provides us with an exciting opportunity to capitalize on its recent breakthrough.
As always, please conduct thorough research, consult trusted advisors, and make informed decisions aligning with your risk appetite and financial goals.
Link breaking up from bullflag & inv H&SNot even factoring in the much larger monthly pattern link is breaking up from here and only focusing on the inv h&s and bullflag. Will be interesting to see how price action plays off these measured move lines on the way to their targets. While it seems like we have definitely triggered the breakup from the bullflag I don’t think it has officially broken upward from the inv h&s neckline just yet, but likely will soon. *not financial advice*
the dock left a signal for the continuation of the trend with a One of them is the opportunity to perform the work with high accuracy in the near future. The last impulse of 70% is only the first investment in the swing of a new trend and in the near future we can expect a retest of intermediate resistance at 0.0210-225 from which there will be an opportunity to move to the main target at 0.025-31. A move left without a retest on the day is a pretty strong signal for the continuation of the trend. It should be borne in mind that longer-term goals are on the 0.05 test and with sufficient volatility we can see a breakdown immediately to this level. It's just that until the cue ball has scored 35k, the 0.025-31 range for docking is a large volume with long-distance trading before the contract extension. With a negative scenario and a general market pullback at the end of the month, there is a possibility of a short-term retest of support at 0.0125 with the trend continuing in the new month.
In combination with a finger-sucked dock, this system provides uft vib pros perl pnt cvp dock wtc drep vite epx fio oax, which I mainly use for work.
link/usdt time frame : 1DayHello friends
Regarding the price link, it reached the limit of the liquidity pool.
I give the probability of a move towards the specified order block.
In that range, according to the price reaction, I decide to sell position
(This analysis is my personal opinion. Be sure to prioritize your own personal analysis)
ooki is ready to continue the trend in the near futureAfter a wave of growth of 100%, there is a high probability that the ooki trend will continue in the near future. After the momentum of last week, the current weekly has drawn a shadow and there is a payback for the reversal of the weekly candle into a bullish one. In an optimistic scenario, there is a fairly high probability of a breakdown tomorrow. In this case, the goal will be to move past the previous week with the opening of a new week above 0.0035. If there is insufficient volatility, an attempt to move will be formed by a slow trend. On average, the goal is an attempt to consolidate above the trend line formed by hayami. Basically, the target range is 0.0050-75 with further attempts to reach 0.010-0.015.
Ooki remains an option with top growth potential along with uft vib pros perl pnt cvp dock wtc drep vite epx fio oax.