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Alikze »» PYTH| Descending channel failure🔍 Technical analysis: Descending channel failure - It has been moving in a downward channel in the 8H time frame and daily. - Currently, with the failure of the channel roof, it is around the supply area and neck line. - Therefore, in case of a negative reaction, it can be broken into the channel with pullback and touch the specified targets by maintaining the 0.29 area. 💎 Alternative scenario: In addition, if it stabilizes below the 0.29 area, it can retest the green box. 🛑 Targets: 0.39 - 0.44 and supply area or red box. 🟩 Support: 0.29 »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« OKX:PYTHUSDT
Long
by alikze
LINK Looks Short Term Bearish!!!After breaking the previous weeks lows, the chances of us tapping the support again before a move up has increased. Yellow arrows mark my areas of interest for a short & a long trade. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
by Navitility
Trade Setup: LINK Long Spot PositionMarket Context: LINK has retraced down to the next area of support, providing a potential entry point for a long spot trade. Trade Parameters: Entry: Ladder into a long spot trade in the $13.00 - $13.50 area of support. Take Profit: First target: $14.50 - $15.30 Second target: $16.25 - $17.00 Stop Loss: Set just below $12.30 📊 Monitor the price action closely for signs of support holding and ensure to adjust the setup based on market conditions to maximize the potential upside while minimizing risk. #LINK #CryptoTrading #TradeSetup 🎯
Long
by Richtv_official
LINK ANALYSIS (1D)LINK has formed a bearish pool at the bottom of the chart after CH. Also, the LINK structure is quite bearish for now We expect deeper drops from LINK. If POI is reached, we can look for buy/long Closing a daily candle below the invalidation level will violate the analysis Note that the financial market is risky, so: Do not enter any position without confirmation and trigger. Do not enter a position without setting a stop. Do not enter a position without capital management. When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit. If you have any comments please post them, comments will help us improve our performance Thanks
by iMoneyTeam
LINK/USDT June - 2024LINKUSDT might be forming a seven-month-long Head & Shoulders (H&S) top, with the horizontal neckline providing support at the $13 level. A breakdown below $13, especially with a long black weekly candle, would confirm the H&S pattern. Experienced traders can consider shorting LINKUSDT once it drops below $13, targeting the next two support areas. Alternatively, we can wait for the price to reach the $8 to $9 range for a strong buy opportunity. -----------Disclaimer -------------------- This is not financial advice. Please do your own research and consider your risk tolerance before making any investment decisions. It's crucial to manage your funds wisely. If the market loses the main support area, especially on the weekly chart, be prepared to exit your positions. However, stay alert for potential shakeouts - temporary drops that regain support—which can provide opportunities to re-enter the market. Remember, the strategy for taking profit isn't about hitting an exact number. Instead, we focus on areas of possible resistance or support. As we approach these areas, we move our stop-loss orders higher, allowing us to follow the price action toward higher targets. This method helps secure profits as the rally progresses. Always have a plan for both entry and exit points. By adhering to these strategies, we aim to optimize our trading outcomes and secure massive profits. Successful trading involves understanding the rules and executing them with discipline. Stay focused, manage your risks, and be ready to capitalize on market opportunities. Happy trading!
by Seahawks_
Chainlink Targets $25After a long accumulation phase, we are again backtesting the last major support where we saw previous buyers step in. There's a higher probability we increase in price from here and target the 0.618 & weekly level above. A sweep of the lows before a move up is also possible. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
by Navitility
Consolidation is over, breakout next. - LINK/USDT#LINK/USDT #Analysis Description --------------------------------------------------------------- + Link Price has consolidated nicely in the past and now it formed a triangle pattern + Breakout from this triangle pattern will pump the price upwards and we have a good potential for trade --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 13.9 Stop Loss: 9.9 ------------------------------ Target 1:17 Target 2: 22 Target 3: 34 Target 4: 42 Target 5: 52 ------------------------------ Timeframe: 1W Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
1
Alikze »» LINK| Descending channel🔍 Technical analysis: Descending channel - According to the previous post , after not fixing in the green box, the second scenario was realized. - In the daily time frame, it faced a correction after a movement cycle, which is currently moving in a descending channel. - Now after the demand at the bottom of the channel and the green box area, it has broken the middle of the descending channel after the second collision. - Therefore, it can continue the upward movement with pullback to the middle of the channel, up to the roof area of ​​the descending channel. 💎 In addition, if it can break the supply area and stabilize above the 15.6 range, it will have the targets of 1.272 and 1.618 Fibo. 💎 Alternative scenario: Note that to continue the upward trend, it must be above the 12.5 zone, so if it stabilizes below this zone, it can touch the green box again. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:LINKUSDT
Long
by alikze
LINK/USDT 1D Hello, I invite everyone to review LINK in pairs to USDT, taking into account the interval of one day. As we can see, the price has moved upwards from the downward trend line. After unfolding the trend based fib extension grid, we can determine a strong resistance at the level of $14.87, only an upward move can give room for an upward movement towards $15.98, and then we can see resistance at the level of $17.41. Looking at the second stone, we will similarly determine the support places. However, here there is a strong support zone from $12.54 to $11.30, only a break from this zone may result in a drop to around $9.55. It is worth looking at the RSI indicator here, which shows a strong movement beyond the upper limit, which translates into a loss of growth power and may change the direction of the price.
by cryptodailyuk
6
Chainlink LINK price have potential for x3 growthTweeters have become "active" around #Chainlink They write that over the past 2 weeks, "whales" have bought 10 million CRYPTOCAP:LINK This amount is 1.5% of the total number of coins in circulation now or 1% of the maximum suply. Whether this is a lot or a little, whether it will act as a driving force or not, whether you believe in the project's potential or not - of course, it's up to you to decide. But as long as the OKX:LINKUSDT price is above the blue trend line, the potential for x3 growth by the end of the year remains.
by P_S_trade
2