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LINK

ChainLink token LINK price it's time to catch up with the marketWhile most cryptocurrencies began their rapid growth at the beginning of 2023, Link buyers were "scratching their heads" and not keeping up with the market. Consolidation in the range of $5.50-9 has been going on for 9 months. Delta shows that purchases in this range are at least 5% higher than sales. Are "they" accumulating a huge position? If so, then the growth of ChainLink token price to $9 will be soon. And ideally, in the coming months, we would like to see Linkusdt price at $15 and above _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
40
✳️ Chainlink | Is The Correction Over? (Name Your Altcoin #17 ✅)Is the correction over? That's the first question that comes to mind when looking at the Chainlink vs Bitcoin (LINKBTC) chart. A major uptrend developed after the May 2022 low that peaked early November. In December a lower high was hit followed by a strong correction. Few signals point to a potential end of this corrective wave. 1) Trading volume has been on the decline. Bear volume peaked in November and has gone much lower. 2) RSI Bullish divergence. The RSI hit bottom in December yet LINKBTC continued to hit new lows. 3) Back above 0.618 Fib. Prices went below the 0.618 Fib. retracement level for the May-November bullish wave. Today, LINKBTC is moving back above this level. This is a strong bullish signal if it can stay above it. 4) Other BTC pairs going bullish. Across the market, many of the altcoins vs bitcoin pairs have gone bullish with some going green 3 digits within a single day. 5) EW Flat. We have a perfect flat correction, 3-3-5. Signaling the potential end of the current move. A reversal can happen here. A higher low would lead to a higher high, let's find the next target. Found, 0.00070782 for 130%. Namaste.
Long
by AlanSantana
12
LINK: short break?During the previous week, LINK entered into relaxed mode, making incremental moves between levels of $6.7 up to $7.4. For the second week in a row, a $7.4 level was an unbreakable line for LINK. This comes as daily trading volumes are significantly decreased, so there has not been enough market strength to push the price higher. But this is not a problem for LINK, as recent price developments points to high investor’s confidence in this coin. RSI is still moving above level of 50, indicating that the market is still more oriented toward the overbought side, and is still not eyeing the oversold one. On the other hand, the moving average of 50 days continues to modestly diverge from its MA200 counterpart, decreasing the probability of potential cross in the near future. As per current chart, there is possibility for LINK to revert a bit to the downside, after not being able to push the price above $7.4 level for the second week in a row. There is some probability that the price might revert back to $6.7 short-stop, eventually $6.5 support line, before it reverts back to $7.0 resistance, and probably $7.4 for one more time.
COINBASE:LINKUSD
by XBTFX
1
#Chainlink Correcting After 40% Surge, Resistance at $7.50Past Performance of Chainlink Chainlink prices are solid when writing, looking at the daily chart. In January, LINK prices soared roughly 40 percent, finding intense liquidation at around $7.50. For the uptrend to take shape, buyers should force the coin above this week's highs, reversing losses of January 30, ideally with expanding volumes. #Chainlink Technical Analysis Chainlink is technically bullish at spot rates. Despite the correction of January 30, the bearish engulfing bar had relatively light trading volumes, a net positive for prices. The failure of bears on January 31 to further force prices lower might indicate support, validating the uptrend. Even so, there could be more opportunity for buyers should there be gains above $7.45, nullifying the bear trend following the correction from this week's highs. Suppose LINK holds above $6.23 and $6.57 support levels. In that case, buyers might find an opportunity to accumulate, aiming for $7.50 and later $9.4 in a buy trend continuation pattern. What to Expect from #LINK? Buyers are confident, but the dip on Monday somewhat forced liquidation from weak hands. In the days ahead, buyers must overcome immediate resistance levels and hold prices above crucial support lines for the uptrend to remain valid. Resistance level to watch out for: $7.50 Support level to watch out for: $6.57 Disclaimer: Opinions expressed are not investment advice. Do your research.
by Bitcoin_Analyzer
LINKUSD Potential for Bullish Continuation | 31st January 2023Looking at the H4 chart, my overall bias for LINKUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for an immediate buy entry at 6.912, with price within an ascending channel and recently reflecting off the bottom of it. Stop loss will be at 6.270, where the recent low is. Take profit will be at 7.808, where the previous swing high was. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
COINBASE:LINKUSDLong
by FXCM
2
LINKUSD Futures ( LINKUSD1 ), H4 Potential for Bullish RiseTitle: LINKUSD Futures ( LINKUSD1 ), H4 Potential for Bullish Rise Type: Bullish Rise Resistance: 9.580 Pivot: 7.550 Support: 6.580 Preferred case: Looking at the H4 chart, my overall bias for LINKUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Expecting price to break the pivot at 7.550, where the recent high is before heading towards the resistance at 9.580, where the previous swing high is. Alternative scenario: Price could head back down to retest the support at 6.580, where the 50% Fibonacci line is. Fundamentals: There are no major news.
LLong
by Genesiv
LINKUSD Potential for Bullish Continuation | 31st January 2023Looking at the H4 chart, my overall bias for LINKUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for an immediate buy entry at 6.912, with price within an ascending channel and recently reflecting off the bottom of it. Stop loss will be at 6.270, where the recent low is. Take profit will be at 7.808, where the previous swing high was. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
COINBASE:LINKUSDLong
by Rockqet
1
LINKUSDT - About to FACEMELT 🤯Hi Traders, Investors and Speculators of the Charts 📈📉 Altcoins have gained some ground on BTC and the markets are currently taking a breather after continues upside price action. Chainlink, however, has been trading range for an extended period of time. This is bullish according to the Wyckoff Method Analysis; pointed out on the chart to the left. LINKUSDT is currently trading in accumulation phase and a potential parabolic move towards the upside can be expected after a longer period of rangebound trading. The first large resistance zone is at $14, nearly a 110% increase form the current price just under $7. While you're here 👀 Checkout this trading plan for SYSUSDT . Syscoin is an altcoin with massive upside potential and currently trading in it's ideal accumulation zone (bargain!) : _______________________ 📢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
Long
by CryptoCheck-
40
LINK - DYDX - SUSHI || Coincidence? I don't think so Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. As per my trading plan / routine, I update my charts and alerts every Sunday night to be ready for the upcoming week. Tonight, while going over all the charts, I noticed that these there assets / tokens are forming similar price action. LINK - DYDX - SUSHI || Weekly Chart: After rejecting a support zone and round number, these three have been stuck inside a range in the shape of a double bottom pattern. 🏹 For the bulls to take over long-term, we need the double bottom pattern to get activated by a momentum candle close above its neckline in gray. Meanwhile, until the bulls take over, we would be stuck inside the range. 📚 We know that the entire crypto market is correlated in a way or another, but these three took my attention as the similarity is huge. what do you think? is it a coincidence? are these three somehow related? Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
19