LINK
LINK Seems to have a great downward aheadHi dudes
As I work with Divergence, a big 4 hours RD divergence in MACD ( which actually shows a higher time frame ) is being shaped, So I don't look for any big LONG position at the moment, but a nice big SHORT when my triggers at the lower time frame is pulled.
Besides, the long term guys are clearing their positions in multi-steps way as shown in the 1 hour and 15m time frames ( something like 3Drive )
Remember, the divergence is not completed yet, but it's probably gonna get a good shape.
Once triggered, you can either enter at the starting point, or wait some while for the price to change the direction and then get all the -HD & -RD divergence ( or use trend lines breaking + appropriate candles as a trigger ).
I will post a new one in the near future :)
good luck
LINK - chainlink short term trading potentialI usually only chart shitcoins, but LINK caught my eye today. Hasn't really grew a lot, bullish divergence on 1D/1W. It has tremendous upwards potential, since its fundamental value hasn't changed. x2 short term is very possible. 12.5 USD... first goal (goals are green). then 17 USD. Not sure about second, but first one is very reachable. support 7USD. (or maybe a little under)
Did some shopping on this dip $LINK $FARM $ALICE $JASMYDid some #crypto shopping on this dip, had cash from recent sells, still have $
Buying things that haven't moved as much or are likely in process of moving bigger
Nibbled tracker position on $JASMY b4 but bought a building position here
Upped cost basis on $ALICE
#p2e #metaverse #NFT
$FARM & $LINK are more for trades
Although #FARM does move, may reconsider
LINK Hello, this is a swinger trader STUKOVA!
On the 6H timeframe we can see a nice up trend. I expect to see the 4th touch of the trend line on my personal red indicator + EMA and then I can decide if I enter a pullback or if I wait to see a breakout. I trade with the trend lines so for me it's crucial to see the real trend and to enter a trade as early as possible!
Link breaking above last potential top trendline of triangleIt’s still unclear whether or not link’s macro pattern is more valid as a falling wedge or a symmetrical triangle, however it seems now that we are finally closing daily candles above the last potential top trendline for that pattern. That trendline is most valid on the weekly chart so we still need to close the current weekly candle above the white trendline..after that we should see the follow up weekly candle confirm the white trendline as support on a retest ….if the follow up weekly candle closes above the white trendline odds are very good at that point the breakout will be validated…it may wait until the 3rd weekly candle to start the bullish impulse…or it could come as early as the current weekly candle…will have to see how the next few weekly candles play out. I chose to show this chart on the daily time frame instead of the weekly to illustrate how price action is also now back above both the 1 day 50 and 200 moving averages. If it can hold the daily 200ma as support during the next few weekly closes then the breakout will be confirmed. *not financial advice*
link | concerning pa | potential reversal soonnoticed something slightly concerning regarding daily rsi.
last 4 times we tagged overbought has lead to serious downside. this move to OB has also been significantly weaker.
average downside post tag is 51.66%.
not necessarily saying that's exactly what will happen this time around as i think we still have a bit more upside we can get here.. but it's enough to pause and look for potential exits/shorts.
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link flipped the zone. look for dips | $8 tp1 $12 tp2link finally flipped our zone. looks great.
although an entry here likely is not ideal. we should be looking for dips to long.
if you zoom out, this is a nice bottoming range. should have tons of room to run up this year, if the market keeps pushing.
LINK USDT | kinda risky but profitable!Hello Traders,
LINK has a potential to give us some profits but It's important to note that this trade signal is considered risky due to the current market situation, so it is crucial to follow a risk management strategy and not to gamble with your money. It is also important to keep in mind that past performance does not guarantee future results, so be sure to do your own research and make your own decision when trading.
#LINK/USDT
🟢Entry price: 6.63 - 6.26
🎯Targets:
|> 7.00 (Sell 25%)
|> 7.7 (Sell 30%)
|> 8.6 (Sell 25%)
|> 9.3 (Sell 20%)
🔴Stop-loss: 5.7 (1D candle Close under it)
➡️Recommended risk: 0.25%
➡️Recommended Position Size : 2.5%
stay safe and trade safe
thank you!
Easiest 25% ETH gain The Link/ETH pair is currently in an oversold position and is due for a rally. The long-term trend remains bullish. This presents a great opportunity to buy the dip and capitalize on the upcoming rally as the market sentiment shifts. Furthermore, the fundamentals of the Chainlink project continue to be strong, with partnerships and collaborations being announced regularly and the usage of the Chainlink network on the rise, providing strong support for the value of the Link token. All of these factors point to a strong potential for a rebound in the Link/ETH pair in the near future.
LINKUSD: Should We Expect More Upside Movement? 🥹 | Jan. 13This week, we will stick to the 4-hour time frame to analyze the price action in detail.
The bulls seem to be in control after another strong week. After a strong rally last week, LINK was able to extend its gains to hit a new swing high of $7.1. We can see some consolidation happening now which was expected after the sharp rally that started earlier this month.
In our previous analysis at CoinMarketCap Alexandria, we had anticipated a move to $7.35 - it was almost achieved earlier this week.
The supply zone at $8.51 will become the new target once the resistance at $7.35 is regained. This view is only valid if the price can sustain itself over $7.35.
It is very important for the price to sustain over $6.30 right now, as a breakdown from this level could lead the price to $5.6.
Traders must still maintain caution by waiting for a reversal from the support at $6.30. If a reversal is seen, then the coming week may be more favorable for the bulls!
The important price levels for this week are $6.5 and $7.35!
Link in "bullish" mantra.Hello again, I do not forgot on Chainlink fans.
I will update this chart. It's good to have some Defi king in future bag.
Especially, when its CEO is one of few really suspicious as Bitcoin founder ( Satoshi ) ;- )
However Link is still in pure downtrend with some higher lows and highs.
potentially aiming to 382 Fibo in my mind, where would be bottom at the support of this channel.
Like Bitcoins, we should see some pivot ( maybe higher ) first. But without any guarantees.
This time, I like to focus on my target, as far it seems the same with BTC, ETH , etc...
I just can't find any imporatant high crypto margets above are at the moment...
I will believe later, when Chainlink hits 3 Dollar teritorry.
It is , how it is and would change in near future.
Always with care and ready,
Emvo.
*This is not any financial advice.
Link Analysis 😎#LINK/USDT
Chain link analysis
desired efficiency up to 100%
Considering the fall of the market, if the currency can break its downward trend line, it can advance to the desired goals
But if it doesn't break and goes down and crosses the red line, it means it's working for now...
Arrival time: 6.45
Goals: 7.83 - 9.48 - 12.7
Loss limit: 5.9
Follow us for other analysis ♥️
Trad_Hajamir
LINK Daily Outlook### 🌐 Chainlink **(LINK) $**6.508 **(+0.59%) - Bullish Outlook 🐂**
**LINK Overview:**
- ***Closest daily support zone: 6.823 - 6.754***
- ***Closest daily resistance zone: 6.899 - 6.982***
- ***Key Level: 7.7462 (Monthly Close of Jul. 2020)***
Congrats to those who got on the first ride. LINK is currently awaiting the next breakout which is around 7.27 based on various daily close points and fibonacci levels.
**LINK Daily Resistance zones**
1. 6.899 - 6.982
2. 7.077 - 6.270
3. 7.483 - 7.847
**LINK Daily Support zones**
1. 6.823 - 6.754
2. 6.614 - 6.455
3. 6.357 - 6.082
Chainlink UpdateChainlink was one of the coins I get wrong in 2022 , you can check out that invalided TA below :
Where does it leave it in 2023? , its been tricky placing Gann Fans and Trend based Fib time tools on LINK because the RSI hit multi times at the same level so did the price.
LINK hit 5.3 dollars five times over the last 252 days but never closed under , it seems to have a massive sell wall at 9.5 dollars . The pattern doesn't resemble any past price so been rather lost with this one. Price hasn't been moving like LINK normally moves in the past , it seems this price range has been very weird not very organic if you ask me.
I have set a trend fib time using elliott wave indicator tradingview has to offer and according to that wave C finished June 2022 so trend fib time is placed from Wave Count 5 to C.
Week of:
Monday 2nd January 2023 -0.5 Fib
Monday 13th February 2023 -0.618 Fib
Monday 18th March 2024 -1.618 Fib
The last date is the same week as the Bitcoin halving which is pretty interesting but time shall tell if these dates have pivots so far 0.5 has resulted in some action.
Looking the LINK/BTC dominance chart we can see that this level is very important , there is a lot of confluence in this area and holding support here would be great to see.
So to conclude not much to go on short term once we break 9.5 dollars and the 2/1 Gann Fan then will revisit.