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LINK

ChainLink Analysis For long-termHello Traders, here is the full analysis for Chainlink let me know in the comment section below if you have any questions. I suggest you keep this analysis on your watch list and see what will happen and will my analysis will happen!!! Today I want to talk about LINKUSD in a daily time frame Before that, I want to remember It's not financial advice. I'm just sharing my view and opinion of the chart. Please see and think about that. The situation is so complicated. I will tell you the best zone to buy and hold Chainlink for the long term to get a huge profit.so, please be patient. As you see in the chart, I want to explain everything by the Fibonacci Channel. Because it's so simple and easy to show you. I draw 3 Green Zone to show you all the support zones. I believe that the first green zone will be broken. Sooner or later but it's sure. So let's focus on the second one. I think it could be a strong zone to support the price but I think the market maker do anything to lose that to the third support zone. I'm sure the 3rd green zone is the best place to buy and hold link for long term. it's really my favorite place. I will put my orders in this zone. because I believe that the future of Chainlink is bright. If you have any questions, please don't hesitate to contact me. Wish you the best Sincerely Yours Ho3ein.mnD
BINANCE:LINKUSDShort
by Sticky-Stock
8
LINKUSD This forgotten crypto is giving a buy signal.Chainlink (LINKUSD) hit today the 1D MA50 (blue trend-line) for the first time in more than a month after a Double Bottom just above the 1.5 year Support Zone. This rebound has been accomplished after the 1D MACD formed a Bullish Cross within the Buy Zone and rebounded. Every time such a MACD rebound took place, the price has always hit $8.00. That is our buy target now and should be contained under the Lower Highs trend-line since the November 08 2022 High. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:LINKUSDLong
by TradingShot
6
LINKUSDTThis is a 1D frame analysis for LINKUSDT Analysis of the crypto market: After executing the double top pattern, the price was unable to break above the resistance line and started to decline towards our first support line. The bullish momentum from the previous day was closed, but we can see a price drop that indicates a selling pressure. If the price breaks below our second support line, we can expect a further decline to the next support zone. However, if it is able to break above the first support line and stay above it, we can say that the bearish phase is over and we can move in an upward direction. Suggestion: Those who do not want to take more risk can enter the trade after the price breaks above the resistance line.
by MarsSignals
LINK SHORT SIGNAL H4 Hello friends, In the Link cryptocurrency, we have drawn a resistance level represented by the red line, which has been penetrated by a spike candle. This allows us to consider a short position on this currency. I have identified two patterns for the continuation of Link's movement. The first one involves a pullback to higher areas, where liquidity exists. The second one occurs without a pullback, indicating a high selling pressure scenario. I suggest paying attention to the specified ranges based on your trading setup. My personal recommendation is to be patient until the trendline is touched. I would be happy to hear your opinions. Wishing you happiness, health, and success.
BINANCE:LINKUSD.PShort
by jawad369
Chainlink 50 % drop may come sooner than you thinkLink like many other altcoins remains bearish. For a time being the price seems to be getting rejected from the upsloping resistance line. We still expect 50 % drop. $3,50 - $3 can be a good area to accumulate link for the next bull market. It would be approx. 94 % drop from the all time high which sounds reasonable if we look at the altcoins % decrease in the previous bear market. Buying at $1,50 would be a gift, but it´s not sure if the market is gonna be not so generous. Chainlink is one of the projects that we believe in as its fundamentals are strong.
BINANCE:LINKUSDShort
by vf_investment
16
Recent Downtrend and Potential Future ScenariosOver the course of the last month, LINK has experienced a discernible decline in its market performance, primarily attributable to a notable decrease in demand. This decline became particularly evident when LINK's price broke through both dynamic and static support levels, occurring within the price range of $7. Consequently, LINK retreated to the support range that corresponds to the lower boundary of the weekly range channel. This recent downtrend, as observed on the daily timeframe, has prompted analysts to identify a key resistance level at approximately $3.8 for the short term. The significance of this resistance level lies in its potential to influence the cryptocurrency's price trajectory. If the price of LINK approaches this critical level and elicits a negative response from the market, it could signal a continuation of the ongoing downward trend. In this scenario, we might witness a sustained descent towards the lower boundary of the aforementioned weekly range channel. It is crucial to note that LINK's downward trajectory on the monthly timeframe adds another layer of concern. This long-term perspective underscores the possibility of a more profound correction for the cryptocurrency, especially in light of the broader market dynamics, such as expectations of a substantial correction for Bitcoin. Under these circumstances, there exists a palpable risk of LINK breaching the lower boundary of the channel and extending its descent towards the $2.9 range. In summary, LINK's recent performance has been marked by a downward trend fueled by reduced demand, as evidenced by the breach of critical support levels. The short-term outlook hinges on the response of the price to the $3.8 resistance level, with potential further declines if negative sentiment persists. Additionally, the monthly timeframe suggests the possibility of a deeper correction, influenced by broader market trends and the potential for LINK to breach the lower boundary of the weekly range channel, possibly reaching the $2.7 range.
by MonoCoinSignal
14