Get started

LINKBTC

LINKBTC new shortPrevious short (related idea) i followed for 5 monthes and 8 days, We had reached the 0,000225 target today. But with the development of trend, I found that we have a potential downward wedge, in which wave E corresponds to the corrective wave 4 of the previous driving wave 3. I expect we will push the support around the end of july, but these patterns sometimes have a false break, so we may bottom a little earlier. Also i have alternative calculations marked by vertical lines - middle of October or middle of December.
Short
by salgssjef
Analyzing the Long Link: 200-Day Moving Average and Bullish MomeChainlink (LINK) has been making waves in the cryptocurrency market, particularly after its recent price action. The token, which facilitates secure and reliable data exchange between smart contracts and real-world data sources, has shown promising signs of a bullish trend. LINK's interaction with the 200-day Moving Average (MA) is a key indicator of this bullish momentum. This long-term moving average often is a significant support or resistance level for cryptocurrencies. When a cryptocurrency bounces back from this level after a correction, it can signal a strong bullish reversal. In the case of LINK, the token experienced a notable correction earlier this year. However, it has since rebounded and successfully reclaimed the 200-day MA. This bullish signal has ignited optimism among traders and analysts alike. Several factors contribute to the bullish sentiment surrounding LINK: 1. Strong Fundamentals: Chainlink's underlying technology and growing adoption within the DeFi ecosystem continue to drive its value. The platform's ability to provide reliable and tamper-proof data is essential for developing decentralized applications. 2. Institutional Interest: Institutional investors are increasingly recognizing the potential of blockchain technology, and Chainlink is emerging as a key player in this space. This growing institutional interest can lead to increased demand for LINK tokens. 3. Technical Analysis: Technical indicators suggest that LINK is poised for further upside. The Relative Strength Index (RSI) is currently in oversold territory, indicating potential buying opportunities. Additionally, the Moving Average Convergence Divergence (MACD) is crossing above its signal line, which is a bullish signal. 4. Market Sentiment: The overall market sentiment for cryptocurrencies has been positive recently, with Bitcoin and Ethereum leading the charge. This positive sentiment can spill over into other altcoins, including LINK. While the bullish outlook for LINK is promising, it's important to remember that the cryptocurrency market is highly volatile. Traders should exercise caution and consider risk management strategies when investing in LINK or any other cryptocurrency. Potential Upward Targets: If LINK continues its bullish momentum and breaks above key resistance levels, it could potentially target the following price levels: • Short-term target: $10 • Medium-term target: $15 • Long-term target: $20 Key Support Levels: Traders should keep an eye on the following support levels: • Immediate support: $7 • Strong support: $5 Conclusion: LINK's recent bounce back from the 200-day MA, coupled with strong fundamentals and positive technical indicators, suggests a strong bullish trend. While the cryptocurrency market is inherently volatile, LINK's potential for growth makes it an attractive investment for both short-term traders and long-term investors. Disclaimer: This article is for informational purposes only and should not be construed as financial advice. It's essential to conduct thorough research and consider consulting with a financial advisor before making any investment decisions.
COINBASE:LINKUSD
by bryandowningqln
1
Is the LINKBTC chart projecting more #DEFI & #ALTCOIN pain?Since topping out nearly 4 years ago the #LINK versus #BTC ratio has been down and to the right, with relief rallies being sold into. Clear trend of lower high's and lower low's. The trend has not been friendly to the Link Marines! Are we repeating the tale of #XRP and their faithful army? Both get dumped on by the their respective foundation or founding company. Both claim Banks will use their products / software ... Link does have #CCIP usage but it is not the only #interoperability solution. We already have #RWA on the blockchain.. they are called #stablecoins. Either this ratio is in danger of breaking down. Which maybe signalling a broader #Altcoin market demand destroying period.... Could #geopolitical tensions explode this summer to cause a massive #RISKOFF event and the #Dollar to spike?
by BallaJi
4
#LINK/USDT#LINK The price is moving within a descending channel pattern on the 4-hour frame and is expected to break upwards after it has adhered to it to a large extent We have a downtrend on the RSI indicator that is expected to break upwards and we have a trend to stabilize above it We have a major support level in green at a price of 8 We have a trend to stabilize above the moving average 100, which supports the rise Entry price 9.40 First target 11.32 Second target 12.63 Third target 13.86
Long
by CryptoAnalystSignal
LINK : MASSIVE Profits Possible from THIS ZONEA Bearish Head and Shoulders pattern formed in the weekly, and we're not quite out of the woods yet - usually, a H&S retraces all the way back to the bottom of the left shoulder. In this case, it falls exactly at the ideal buy back zone: It's good to see that the trendlines are moving CLOSER together - if you look at historic prices, this usually precedes a time of range trading, followed by another impulse wave up. The wider the trendlines are apart, the stronger the sentiment (bearish if under, bullish if above): _____________________________ BINANCE:LINKUSDT
by CryptoCheck-
LINK: Critical Re-Test of Support—Will It Hold or Break?Yello, Paradisers! Have you been tracking #LINKUSDT's latest move? 🚨 The market is at a tipping point, and #LINK is now re-testing the crucial breakout-based support range. The initial reaction is strong, but the question remains—will this support hold, or are we looking at a potential breakdown? 💎If LINK manages to hold within the supportive range of $10.75 to $10.95, we could witness a corrective upside in the near term. This might trigger a recovery, with LINK likely pushing towards the $11.45 level. Although some trend resistance could emerge around this area, a continued short squeeze might propel LINK even higher, potentially reaching the $11.90 to $12.15 range. These levels correspond to the 61.8% Fibonacci retracement and could mark the completion of LINK's corrective phase. 💎On the flip side, the $10.95 to $10.75 range is currently providing strong support. Just below this zone, the pivotal ascending support at $10.55 adds another layer of defense. These supports are likely to make it tough for sellers to break through on their first attempt. That’s why, Paradisers, we are playing it safe and watching closely. Remember, consistency in your strategy and patience in execution are key. Stay focused, and let’s see how this plays out. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Jack
2
Chainlink (LINK)Chainlink price today is $8.4 with a 24 hour trading volume of 1,7 billion dollar. LINK price is up 3% in the last 24 hours Chainlink is a framework for building Decentralized Oracle Networks that bring real world data onto blockchain networks, enabling the creation of hybrid smart contracts. These DONs provide decentralized services such as Price Feeds, Proof of Reserve, Verifiable Randomness, Keepers, and the ability to connect to any web API. for three month Link charts growing and bulls try to take 8.5,9 and 10 back. 6.5 and 7 is a dip for link and If you got lucky don't forget to buy for long hold Dont forget to watch Lex Fridman podcast with Sergey Nazarov co-founder and CEO of Chainlink too
Long
by moonypto
6
LINK - Support is holding strong. What's next ?BINANCE:LINKUSDT (1W CHART) Technical Analysis Update LINK is currently trading at $13.6 and price has reached it's support zone, this support zone is holding strong and we can expect the price to bounce back from this support zone, if this support zone fails to hold then next support is around 9$ range, we will keep our SL below this 9$ range Entry level: $ 13.6 Stop Loss Level: $ 7.8 TakeProfit 1: $ 15.261 TakeProfit 2: $ 19.410 TakeProfit 3: $ 22.745 TakeProfit 4: $ 33.347 TakeProfit 5: $ 49.206 Max Leverage: 2x Position Size: 1% of capital Remember to set your stop loss. Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts. Cheers GreenCrypto
Long
by GreenCryptoTrades
LINK looks bearishLINK structure looks bearish. We have had lower H and L . So it is better to look for sell/short positions in resistance ranges. We are looking for sell/short positions on the supply range. Closing a daily candle above the invalidation level will violate the analysis Note that the financial market is risky, so: Do not enter a position without setting a stop and capital management and confirmation and trigger. 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 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