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LINK

LINK Is Trading Too Close to Support! What's Next? 😨 Nov. 18In our previous analysis, we ascertained if the support at $7.5 is taken out, the price will test the last standing support at $6.2. At the time of writing, LINK is trading dangerously close to the support at $6.2, and it looks like a breakdown could be seen soon. If this support is broken, traders can expect the price to collapse to $5.2, which is the 52-week low. Therefore, traders should proceed with caution until LINK is able to reclaim the resistance at $6.5.
by CoinMarketCap
1
LINK USDT | potential +30% up #LINK/USDT 🟢Entry price: 6.3 to 6.1 🎯Targets: |> 6.83 (Sell 40%) |> 7.1 (Sell 30%) |> 7.8 (Sell 20%) |> 8.6 (Sell 10%) 🔴Stop-loss: 6 (closing 1D candle under stop-loss) ➡️Recommended risk: 0.25% ➡️Recommended Position Size : 5% please note that due to the current market situation this trade signal is considered risky, so we must stick together to the stop lose and risk management strategy and not to gamble with our money. stay safe and trade safe thank you!
Long
by Khaledzu
Preparing for Big Chainlink TradeTime is coming , we are approaching October 2022 and when October comes and this 3.618 Time Fib hits we are going to get a candle breaking us out of this triangle. It is in fact Chain link time fib count on the LINK/BTC dominance that started to unlock this powerful fib time sequence for Bitcoin and link itself check it out below. It is still a 100% win rate fib count to this date , yes 100% check it out , last count did not act as pump but showed us a LINK bottom. Come October we will get a breakout of the Dominance I expect . Chain Link Fib Count .0618 - This date is important because it's when Link hit 20 dollars for the first time, it was an important level to hit that resulted in over 140days of consolidation. 1.618 -All time high , yes this fib count lands right up there . 2.618 - This was a major pivot point down for the link which confirmed the bear market because it created its first lower low on the weekly. 3.618- First week of October 2022 , this could be the week Link starts increasing in momentum. I go over this in more detail in the TA below . Not only do we have this insane Fib count for Chain Link but if you check the TA below and press play you will see something amazing unfold. The game plan is as follows , stock up on x3 leveraged tokens on FTX exchange ,they are one of the few that offer LINK tokens x3 , we ride it up to 24-30 dollars from October 2022 to February 2023 , no funding rate fees, no liquidation number to think about just sit back and let it ride. I have a lot of confidence trading Link fib time sequences so we going big on this one no holding back.
COINBASE:LINKUSDLong
by Sporia
18
Waited 539 days for this moment (LINK)The moment has finally come after waiting since Chainlink cycle peak May 10th 2021, its been 539days of downwards(since Cycle peak ) resistance on the dominance but finally we have a clean break. This chart has showed us the future step by step and has been correct all the way. This Fib time Chainlink count has been correct for years now. This was the strongest clue for me that the bottom was in for crypto , the last fib count on May 23rd 2022 signaled a bottom for the dominance and for the price of chainlink. out of all the evidence that came in that the Bitcoin bottom is in , well atleast the "first" bottom , this was the chart that confirmed most things for me . The time fib count yet again happen to be a important moment for chainlink showing that chainlink bottomed around this time. Since August 2020 link has been moving down in domaince vs Bitcoin but finally we have had a major breakout which should signal a big move for Chainlink price since historically thats that what happens when dominance goes up. There is another Time Fib count im following on chainlink aswell but this time its on the price chart check it out below. What is also very interesting is that the 618 fib is where chainlink cycle peaked, so is it possible that we going to make a move up to 618? Its been an amazing couple of years using this Fib count for Chainlink and as each count passes the time for the next extends so the next date is April 2024! .
Long
by Sporia
5
LINK: setting stage for reversal During the previous week, LINK has shown significant strength and high potential perceived by investors. The only thing that is currently holding stronger buying orders is investors' insecurity over general macroeconomic conditions in the future period. This is confirmed through previous week`s price moves of LINK, where the coin managed to clearly break the $8 resistance line and end the up-move at long term resistance line at $9.0. With Friday's move to the upside, RSI moved to the level of 69. Still, a clear overbought market has not been reached, although the indicator reached levels which are very close to the overbought side. Moving averages of 50 and 200 days continue to converge toward each other, indicating high potential for the golden cross to be reached in the near future period. RSI is showing that the price might go higher from current levels, when a clear overbought market will be reached. This would also be a signal that the short reversal is on a road for LINK. In this sense, it might be expected that LINK will continue to test the $9.0 resistance line in the week ahead. In case that this level is not breached, then the coin would revert a bit to the downside, where support line at $8.0 might be tested.
COINBASE:LINKUSD
by XBTFX
ChainLink - Looking StrongI like this chart of LINK to be honest, nice ranging for some time of consolidation - looks primed for a decent move up. Breaking the mid-range now to the upside - want this to hold. Nothing to get too crazy excited about yet, but breaking above this macro (larger) range would be huge, that is what I'm anticipating. I've watched this same chart for some time and it is respecting levels nicely, grinding up and holding demand. LINK Marines may just push this one higher. V
Long
by cryptovatsik