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LINKBTC

Soon there will be a reversal!Here's a quick look at the LINK Daily chart . As we can see, the price has been oscilating withing a bigger falling wedge and a break to upside could be around the corner! The best entry would be when the price breaks above 21$ with good amount of volume . Definitely one to keep an eye on! ------------------------------------------- The idea is: Buy when the price breaks above 21$ and take profits at the levels shown in the chart. Targets: 1. 24$ 2. 28$ 3. 32$ 4. 36$ ------------------------------------------- What Is a Wedge in the context of trading?: "A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge-shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts. Key Takeaways for Falling wedges: 1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods. 2. The patterns may be considered rising or falling wedges depending on their direction. 3. These patterns have an unusually good track record for forecasting price reversals." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
2
LINK/USDT Wyck-Off Analysis New ATH (now 45% Up from our entry )#LINK/USDT Wyck-Off Analysis Update- Hey fame, hope you all doing well. In the last chart of $LINK, I shared a Long-term view based on the Wyck-Off methodology. #LINK currently trading at $18 And It’s Almost 45% Up from our entry zone. 45% Is good profit in Short Term. $LINK followed our path very accurately, price was at the place of the secondary test of Phase B. As we mentioned in the previous idea, the price is currently in the big accumulation range and it can leave this range at any time followed by high buying pressure. Accumulation structure played, wWe have seen ST in Phase B and after the test 'SPRING' took place. However, the 'Spring' shakeout was not much greater in terms of retracement % and that's because of the market bullishness and buying pressure. $LINK price is following the other major altcoins and bitcoin move as crypto market behave relatively, all they have kind of similar move. If the crypto market continues showing its bull strength and starts moving even higher, high probability that $LINK will hit its higher target. Maybe in the next Altcoin rally, we will see $LINK is breaking out of a structure and making new highs in the future.
Long
by CryptoPatel
3
Chainlink (LINK) - March 31Hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (LINKUSDT 1W Chart) Primary resistance: around 20.84 Secondary resistance 27.20-30.38 Support: 11.31-14.49 You need to break out of all downtrend lines to accelerate the uptrend. (1D chart) The price should hold above 17.76 to turn into an uptrend. The key point is 17.76. (buying) - After confirming the support in 16.15 - After confirming the support in 17.26 (Stop Loss) - When resistance is received after falling below 14.49 - When receiving resistance after falling below 11.31 (Sell) - When receiving resistance in the section 23.03-24.70 - When receiving resistance in the section 27.20-30.38 Point 20.84 is the psychological resistance zone. So, you can rock it up and down to break through this point. The 23.03-24.70 section is likely to find resistance to break out of the downtrend line (1). ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
Chainlink: 3 Bullish Signs#LINK #Chainlink has been dormant and bearish for quite some time. There are a few key things to note: 1. Whales are increasing buying of the token You can visit www.whalestats.com to see the top ETHEREUM wallets and what they are purchasing/holding, many are starting to acquire LINK ---------------------------------------------------------------------------------------------- 2. Selling volume decreasing on the chart with trapped sellers This trading range has been going for quite some time yet the sellers were not able to secure a successful downwards breakout ---------------------------------------------------------------------------------------------- 3. Fitting Wyckoff Schematic quite nicely The Wyckoff Schematics help us identify the different between Accumulation and Distribution Trading Ranges - In a Trading Range the price Zig Zags up and down until eventually a breakout occurs, using the Wyckoff Accumulation Schematic we can see there are some clues in the similarities of the chart and the schematic that tell us LINK may be ready for a test of the upper bounds of the Trading Range.
Long
by Worth_The_Ri5k
8
LINKUSD 3D CHART As I mentioned in the title, I am waiting for wave 5 but first we need to complete wave 4 satisfactorily. The 4th wave may end in the wide range indicated by the white circle. After all, we are looking at the high time frame and it is not possible to predict the price exactly. After wave 4 is complete, we will wait for wave 5 as the last wave of impulsive uptrend. I position the target given to me by the Fibonacci ratios as the 5th wave. I think the count is satisfactory. The only problem would be that LINK's previous price movements were not on our chart. This is the oldest chart I could find and I think it's valid.
COINBASE:LINKUSD
by Lorne_Malvoo
LINKUSDT, Did you took this amazing position ??Hello everybody Did you bought ?? or took long position ?? According to the chart and last analysis that we publish we shown on chart that the price made 2 triangle and this become more powerful that the price wanna have some rises price to the resistance zone level and exactly this scenario was happend and now we are in the way to reach to the target that we update and shown on chart . Dont forget observe capital manaegement and use stop loss. Previous analysis : If you have any question or need any help , send us messages Good Luck Abtin
Long
by Abtin00
LINKUSDT, We have 2 triangles, ... ??Hello everybody Did you check whales s wallet ? They are hodling Link in last days, what they gonna do ? Do you know about Link project , its one of the powerful project in crypto but in these days its attractive for the whales and ... According to the chart and last analysis , the price exactly move upwards from the Minor support and now according that we shown we have 2 decreasing angle triangle and what is it mean ? Its tell to everyone that the price has chance to rise up to reach to the top of the triangle and after it happens we can predict other scenario that we have. Everything in these days of market it depends on Bitcoin and Bitcoin it depends on Fed s event for the rate of central bank ... But if you want to take in position and buy some link please check the chart in lower time-frame then take signal then entrance in any position and DONT FORGET USE STOP LOSS AND OBSERVE CAPITAL MANAGEMENT Good Luck Abtin Previous analysis :
Long
by Abtin00
2
LINK/USDT 1HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick LINK/USDT analysis. I have traded my best to bring the best possible outcome to this chart. Reason of trade:- LINK/USDT is a bullish falling wedge pattern conform and retest and bounce Entry:- CMP and buy green zone Traget:- 20% to 30% Stop loss:-$13 Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Happy trading. Sorry for my English it is not my native language Do hit the like button if you like it and share your charts in the comments section.
Long
by CryptoSanders9563
LINK (ChainLink) Weekly Trade Follow Up. BINANCE:LINKBTC has lost the gains it has made on the first half of January. We are now retesting the 4-year long trendline that has held as strong support after reversing off of the 0.236 Fib line above. We did anticipate such a move in preparation for higher highs. However, we haven't yet gotten confirmation that LINK will not break below the strong support. The current weekly candle is only one day old. Zooming in to the daily, we don't see signs of reversal either. It is crucial to see a bullish pin bar (hammer candle) before setting up for re-entry. The stop loss will be just below the 3600 Satoshi support line. Breaking that line signals that LINK is too weak to surpass the recent high of 0.236 Fib. Current market volatility makes this trade risker than usual. Therefore, lower capital should be allocated on it. The reason is that I would not be surprised if during this week, price breaks below 3600 Satoshi and rebounds back to 4500 Satoshi above the rising trendline. Summary: If you're not holding a position in LINK, then wait for reversal signal. If you are holding a position, then set a generous stop loss below 3600 Satoshi and reduce your position such that the loss is manageable. You can always re-enter this trade after we see reversal. Remember that our target is at 16k Satoshi in May or July. It's better to enter with more confidence even if you waste the perfect entry. Good luck
Long
by TechNerdOmar