LINKUSDT: Brace for More Downside – Critical Levels to Watch!Yello, Paradisers! Is #LINKUSDT about to dive deeper into the abyss? Let’s dive into the latest analysis and what it means for your trading strategy.
💎#LINKUSDT has been locked in a persistent downtrend, marked by continuous Break of Structure (BOS) formations. This pattern underscores the bearish momentum that has gripped the market.
💎The pair has been repeatedly forming and testing a descending resistance trend-line, facing several rejections. These rejections highlight the strength of the downward pressure and the significance of the resistance levels.
💎A key supply zone lies between 11.82 and 12.90. This area is likely to be tested, with the supply line playing a crucial role. The previous support, now turned resistance, will also be in play, making it a critical level for traders to monitor.
💎There is a high probability that the price could drop back down to the support level and hover around the 11.82 resistance zone. Strong volume will be key if it happens then strong resistance is probable to hit which is 15.19.
💎A daily candle closing below the weekly support at 7.89 will confirm the invalidation of any potential uptrend and signal a continuation of the downtrend. This level is pivotal for traders looking to gauge the long-term direction of LINKUSDT.
Stay sharp, Paradisers. The market’s volatility means that only those with disciplined strategies will prevail. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
But it never is, and never will be a free ride. Make sure you play it smart, Paradisers; the next 6-9 months will be juicy for some and painful for others. Discipline, patience, robust strategies, and trading tactics are the only ways you can make it long-term in this market.
MyCryptoParadise
iFeel the success🌴
Linkcoin
It is EASY to make money.Hi,
With the recent plunge in Bitcoin and altcoins, many of you may have been worried, and some of you may already be celebrating the recent rebound.
However, do not let your emotions take control over your trading account.
Market sentiment is a reflection of the individual psychology of each of us.
And as history has shown, those who hold on win. Hold on to your FOMO, hold on to your FEAR.
Below is a chart of SOL, which shows a huge move higher this cycle, AVAX, which is chasing it, DOGE, which has now broken above its consolidation zone, and FIL, which is still not out of the consolidation zone.
You can also find many examples of these asset cycles in the stock market. Here are some ideas. 🍀☢️
Conquer your FEAR and FOMO, and you WILL earn money.
1PERCENT
🚨 Link/USDT: Brace for Impact 📉Hey traders, it's time to watch out for Link's next move. The lower support area is calling, and it seems like the buyers are losing their grip. After lingering around, my expectation is that Link's price may dip by at least 20-50% soon. Remember, this isn't financial advice, just an idea – make sure to do your own research! 💼📉
LinkFinally Showing Lots Of Bulish Signs
InDaily Timeframe Descending Trendline Has Already Broken
Wait A Bit
Actually Link Breaks 2 Patterns In Daily Tf
2nd Is Symmectrical Triangle And Both Patterns Are Already Broken
Lets Have Look At Indicators
100 Ma Has Also Cracked Yesterday
Rsi Also Breaks Ling Range To The Upside
Lets Summarized Our Analysis
Link Is TRying To Tell Us That He Wanna Fly Now
Looking Very Good For MIdterm Buy And Hold For Few weeks Or Even Months For minimum2 or 3x
Adam & Eve Double BottomsAdam & Eve Double Bottoms: Bull Market Results
Overall performance rank (1 is best): 17 out of 39
Break even failure rate: 12%
Average rise: 43%
Throwback rate: 67%
Percentage meeting price target: 69%
The double bottom confirms as a true double bottom once price closes above the peak between the two valleys. See the figure to the right. Without confirmation you do not have an Adam & Eve double bottom, just squiggles on a chart.
Source: (thepatternsite)
Link goes short Hello trenders,
Today we be checking on Link path to correction.
Framed in the channel shows a correction to 35 USD with a mini-support level
What to watch for to confirm is the bull flag breakout on the low side, that is our entry.
MMM (Make Motherf.ckin Money)
Invest your money wisely, be patient.
LINKUSDT - UP or DOWNIn nearly a year, this coin has grown up almost 30 times, I think it's time to bring it back to the ground.
A few signs indicate that the bullish momentum and the volume of this coin are decreasing.
Price action in a sensitive price zone between $ 28-34.5 can tell us what to do.
I set up a sell order at $ 32 to test my point and waiting for my profit, or if wrong I will stop loss at 35 $.
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Above is my personal opinion, I do not encourage anyone to follow suit, please manage your money, Good luck!
Xin Liar
LINKUSDTPrice broke through the 4HR resistance of $28USDT after completing a double bottom on the 4HR chart and a inverse Head and Shoulders on the 1HR timeframe after retracing to the 50% fibb level of the A-B impluse move.
Price currently extended to the 161.8 of the A-B-C fibb retracement and i would like to see a pull back to the $28-$29USDT before looking for a entry.
Amazing call on link ...whats next targets ?Yesterday we shared with you this idea about link that it was looking bearish in both usdt and btc pairs see here :
Price broke the trendline support and fall from rising wedge as expected
As long as price cant get close by daily candel above 10.74$ -10.8$ (0.5 fibonacci level)
(Also this level is the trendline support breakdown level)
We can see next target easy
Potential next targets to be reached :
Target 1 : around 8.5$ ( 0.618 fibonacci level )
Target 2 : around 7.3$ ( was recent low for link )
Target 3 : around 5.5$-5.3$ ( 0.786 fibonacci level )
For investor this areas is a good ones to accumulate partially before next bull run in link
Link was and still one of my favorite coins
Long term is bullish
Please like and subscribe for more idea if you see it helpfull
Link looking bearish on both usdt and btc pairLink start to look bearish now
As you can see in btc pair it forming symmetrical traingle and start to break it
In usdt pair it test the trendline support for 4th time which make it weaker
And we can look for sell position if it broken or at retest it
Agree or not show your opinion in comment and support by like and follow
Crypto of the Day - LINK/USDTGood morning Asia! I hope you have a deserved rest over the weekend and are bright and alert for a fresh new week.
While I await a positive sign/change from ALGO/USDT, I would like to share with you my crypto of the day - LINK/USDT.
It is showing signs of the start of a new uptrend. Retracing from the low of the previous uptrend in April this year (where the retracement has hit the .618 fibb and continued upwards slightly the last couple of weeks), it has the potential for big gains over the next few weeks, all things staying positive.
The 1D Heikin-Ashi candlestick has stayed green and bullish for the second day running.
RSI and MacD and on the way up and have yet to peak, indicating the potential start of an upturn.
Other technical analysis has also indicated the possible start of a long-term uptrend, and definitely an uptrend over the shorter-term as well.
Long-term forecast (next few weeks) - expect to hit 3.5-4.5 or higher.
Short-term forecast (next day or so) - 2.6 to 2.7 mark depending on how far it retraces back today.
This is an excellent crypto to get into today at the low of the pullback on a 4 hr chart.
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