LINK
$LINK Accumulation Range
Crypto and a fave of mine, Chainlink .
$LINK has been in a range for almost a year. With crypto in general moving up in Q1 of this year this is one to watch.
There is a diagonal resistance from Aug 2020 on the horizon. Diagonals over a long period are ones to watch and a flip here could see buyers rush in.
This is probably a good place to accumulate but if you want to wait for a breakout to trade, you have two areas:
1. The flip of diagonal resistance
2. Breakout from the range top.
Link is definitely one to watch.
Big Chainlink Move IncomingChainlink has been trading in a range for over 322 days. However, despite this prolonged period of sideways movement, there is an exciting development taking place in the background. Massive bullish divergence has been forming since July 2022, when the histogram changed color.
Over the past thirteen 3W candles, momentum has been slowly building, culminating in the first ever 3-week bullish cross last week, even as the price has continued to decline. This type of bullish divergence is typically a precursor to a significant move, and the longer the buildup, the bigger the potential move. A similar pattern was observed with NOIA, and it resulted in a massive move
Chainlink's potential move could be volatile, considering that the last time it moved up from this exact price range, it gained 200% in just 20 days.
Additionally, a triangle pattern seems to have formed within the range, which is typically very bullish, especially when lower highs are consistently being made on the daily chart. A similar triangle pattern in the past pushed LINK to the top of the range, forming an ascending triangle that eventually took it much higher.
While the LINK/BTC chart has not been as hot, a break of resistance could be a positive development for LINK. Overall, this could be an excellent time to enter a long position in LINK and ride the potential move until June 2023.
LINKUSDT ready to 🚀🚀#LINKUSDT
we are in over sold area in daily chart time-frame and we are in very important and strong support zone i expect the price will fly to the target at the chart MACD is showing bullish RSI showing bullish EMAs is neutral ZELMA is showing uptrend-move Ichimoku cloud is bullish Fib retracement is neutral Accumulation distribution is bullish i expect there will be a correction move
LINK: still not ready for $8.0Second week in a row that the markets are slowing down. On a positive side is that they are managing to hold within previously reached higher levels. Uncertainty over banking contingencies is slowing down, in which sense, some slowdown in new funds inflow on the crypto market is to be expected. Regardless of small moves during the week, it could be noted that LINK had a relatively good week, managing to hold above $7.0. It shows that investors continue to support this coin.
The price of LINK moved in a relatively short range during the week, between levels of $7.0 and $7.6 at one occasion. It is evident that the support line at $7.0 has been tested during the week. It should be taken into consideration a holiday weekend in the western markets, in which sense, there has not been much funds in the flow to support price at higher grounds. RSI moved to the 50 line, which might be an indication that investors are slowly moving toward the oversold part of the chart. Moving average of 50 and 200 days still continues to move as two parallel lines, still supporting the Golden cross.
The slowdown in price moves is evident on the charts. The $7.0 support line has been tested during the week, but due to low trading volumes, there has not been market strength to clearly break it. Still, charts are pointing to higher probability for a move to the down side, at least to the level of the short term support line at $6.5 during the week ahead. At this moment, there is no clear indication that the price could move below this level. On the opposite side, there is lower probability for price to test $7.5 short term resistance.
Long Trade (Bitcoin)It is beautiful sight seeing these patterns again, ascending triangles on bitcoin uptrends have very high chance to break to the upside in my experience.
Here are some examples last bull run. The momentum is heavily to the upside guys its time to long the trend.
Its time to use moon cycles again this equinox? will it be as easy again as 2021?, lets take a look at the chart .
Since October 2022 we have had 6 full moons that have resulted to fairly good moves to the upside. We just to happen to have one today aswell so something to look at it, in 2021 it had a crazy hit rate.
what a run that was using moon cycles , could we be entering the same period again now?
Breakout target is 32.4k
Stop loss :27.5k
LINK LONG SETUPHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the LINK symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
LINKUSDT: 150% moveHello Traders!
Welcome back to another trade with analyst Aadil1000x.
Link is about to take off as its inside a strong bullish pattern and there will be impulse after the breakout of the pattern.
It will pump at least 150% in this bull run.
Don't forget to hit the like button and follow to stay connected.
LINK/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this LINK/USD update by CRYPTO SANDERS.
CHART ANALYSIS:-chainlink (LINK) rebounded from Thursday’s losses in today’s session, with the token climbing by as much as 5%
Following a low of $7.17 yesterday, LINK/USD raced to an intraday high of $7.65 on Friday.
As a result of the rally, chainlink once again moved above its long-term resistance at $7.55, hitting a one-week high in the process.
Looking at the chart, today’s breakout coincided with the RSI climbing past a ceiling of its own at 55.00
As of writing, the index is tracking at 57.54, which is marginally below a higher hurdle of 58.00 points.
Should bulls move beyond this point, then there is a good chance that LINK will move toward $8.00.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
✴️ ChainLink At $10 Is Easy, Success, 5 Steps Pattern & MoreFirst, we can spot the exact same 5-step pattern just explained in the Cardano (ADAUSDT) trade idea. (See 'Related Ideas' below if you want to know the details).
Second, ChainLink looks really strong above all moving averages, the only one missing is EMA300 but this shouldn't be a problem.
It's been a while.
We are now 3 months into 2023 and while we experienced some really nice growth in January the rest has been just consolidation nothing more but, we can take the good out of this.
The fact that we have consolidation while bullish, consolidation at high prices, sideways but no drop is a strong bullish confirmation.
Months of sideways, little down then back up... We know a higher high comes next and this also strengthens the bottom hit June 2022 and this is great for us, long-term growth.
We have the entire year 2023 to prepare, to get our act together, to wake up and dust ourselves up from the bear market of 2022 and late 2021.
The preparation phase is long and we will have a full 2024 of green, which is great.
We have so much time to prepare, we know before hand exactly what will happen, it is impossible to miss this upcoming bullish wave.
2025 will be mixed like it was with 2021.
Massive bull-runs followed by strong corrections and then the start of the next bearish cycle.
Just experiencing the first three months of 2023 lasting forever makes it sound like 2025 is so far away... It is indeed far but just right around the corner if you lose focus that is...
Prepare! Opportunities are endless but it is better to take action now than to wait another day.
The preparation phase is developing a plan.
Developing a plan is simply setting some goals, that is all it takes.
Together with my charts and the information shared, you can go from nothing or small, or good, to amazing in the months ahead.
Tell me, let's be honest, how did it go in the first wave? January 2023?
Where you able to sell while prices went up?
Did you make some mistakes?
That's the beauty of being early... If you did it right, great, if not, we will have more opportunities but to be able to take them we have to accept and learn from mistakes.
Next time set your sell orders on target BEFORE-HAND, invest in yourself, in your tools, study and know that abundance is a state of mind... So focus on your mindset.
Think long-term, growth, health, wealth, freedom, love and success.
If you trade with these goals in mind, life will take care of the rest.
Namaste.
CHAINLINK Loves JUNE / JULY 🚀Hi Traders, Investors and Speculators of the Charts 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
When it comes to macro trends and cycles or phases; I prefer to make use of fractals and probability. (I'll do a video on probability at some point in the near future, stay tuned!)
I've done a number of updates on LINKUSDT. It's of particular interest to me because it has lagged in the sense that it's still consolidating. Consolidation is a "bullish" sign, because after consolidation comes the next rally.
Considering that LINK rallies almost EVERY YEAR during JUNE - JULY, there is a high probability that this year will be the same, especially considering the extended consolidation phase. I'm not saying the price won't go up before then but it's certainly a month to keep your eye on.
Don't forget to check out the latest updates on Bitcoin, Cardano and XRP !
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
LINK CAN MAKE A CORRECTIONHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the LINK symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#ETHEREUM break and retest of consolidation depression zone.Everything is right on track
#ETH has not been a massive gainer
and is poised for a strong disbelief rally ... which probably means around 50% move is on the cards.
Good #alts should really pick up some momentum now
Examples being #Solana #SHIB #Link and #HEX
LINKUSDT 4H CHARTThe link lost a good support and it seems that the price will continue to decline until the next support. The price can come back from here and go up for a while and go back down again. But everything depends on the state of Bitcoin.
My opinion is more about the price going down
⚠️This is not a financial advice and only my personal opinion
BRIEFING Week #13 : Waiting for a Sentiment ShiftHere's your weekly update ! Brought to you each weekend with years of track-record history..
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
That's the best way to support me and help pushing this content to other users.
Kindly,
Phil