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LINK/USDT : Breaking above bearish trendline BINANCE:LINKUSDT Hello everyone 😃 LINK is breaking bearish trendline but it's not confirmed yet. We expect a retest on support line at 30$ then we can see a continuation for LINK. How ever Volatility is bullish now ! 🔴 There is a possible chance for fake-out here ! Don't any position without confirmation.. Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
40
LINK big moves coming soonLink has been consolidating for some time now but has a habit of having huge breakouts even when the market is shaky, we are approaching the apex to our ascending wedge. Currently trading below our ascending channel after breaking through the 0.5 FIB level. the bollinger bands are really coming together and squeezing the candles hinting at a big move in the near future. I think tomorrow we could see a little more downside but i believe we are going to bounce off the bottom of our ascending wedge also the 0.3 FIB and come back up into the ascending channel. I say this also because the Stoch RSI is getting close to the oversold zone. I see us after that then going to break the top of the wedge and continue on the path of our channel. NFA just my opinion, also keep in mind BTC is a big factor for everything right now.
COINBASE:LINKUSDLong
by JacobR905
2
LINK/USDT - potential 35% setupHello, Traders! After entering a bullish trend and the subsequent correction, LINK continues to consolidate in the trading range of $25.46 - $30.10 Buy entry can be sought in the $27.00 - $28.26 range Stop-loss can be placed under $24.60 Correctional Fibonacci levels would be the following: $30,78 $33,54 $37,05 Watch out for the market and good luck! P.S. This is an educational material that cannot be considered as a financial advice
Long
by UnknownUnicorn10064030
1
looking for Chainlink to push back up to the 31$ resistanceBullish overall on link, little dip today after rejecting off resistance at 31$(usd) as I said in my last TA for Link we may see a rejection but i believe we would see another couple tries and ultimately a break of the 31$ resistance. we are still getting support from Ichimoku cloud and EMA ribbons! Stoch RSI is coming down from overbought back into neutral zone, i expect this dip to get bought back up and for us to return to the 31$ resistance and hopefully breakthrough!
COINBASE:LINKUSDLong
by JacobR905
Link pushing to break resistanceLink is on the push to break overhead resistance level, i think we will if not the first try maybe 2nd or 3rd consecutive try. We got the EMA ribbons pointing up with bullish momentum and ichimoku cloud ahead is big support and the Stoch RSI still has a little to go before being Over Bought, also we are trading above our middle line in the ascending channel as of right now. We will need to flip both overhead resistance levels to support to reach our ATH levels and beyond
COINBASE:LINKUSDLong
by JacobR905
Link ascending channelWe have been moving slightly up and down but mostly sideways with lots of accumulation going on, looks like Link is charging up for that next leg up. Ichimoku cloud printing support going upwards and Stoch Rsi was recently in oversold areas, we want to see link continue to follow our ascending channel which would eventually bring us upto ATH levels where we would need to break through to continue going up. We will want to watch out for a break down out of the ascending channel, if that happens i believe we would fall to our closest support (marked in green) NFA just my personal opinion!!
COINBASE:LINKUSDLong
by JacobR905
1
LINK Chainlink long to 40$ in intermediate W3 and 60$ in Main W5Hi everyone, sorry if this chart look like a mess! You need to keep in mind that this Elliott Wave scenario is without a doubt realistic for Chainlink . Main wave 3 can make an extension to 66$, it's something possible, but it's always better to place your strategy inside a reaslistic scenario and take some profit on the most probable fibs... don't try to catch the ultimate top cos you can get smashed at top. Most probable targets of Wave 3 are 161.8%, 261.8 and 361.8%, try to take some profit on everyone. ChainLink is an awesome project, one of the strongest in the crypt industry but keep in mind that ChainLink supply is at 407 009 556 LINK and will be 1 000 000 000 (inflationay) LINK (total).. which mean that ChainLink would not be a longterm play for me like another deflationary asset that have almost the same or stronger fundamentals but with much less supply like Elrond - EGLDUSD Egold... which will be at 21 000 000 EGLD like the Bitcoin. If you have any question(s) or would like to contact me in private, don't be shy.. i will do my best to help you ! Have a wonderful sunday! Crypto Mercy !
LLong
by Crypto_Mercy
3
LINK/USDT purchase in anticipation of growthHello, Traders! The asset has passed the sellers' interest zone of $17.33-19.30 which was holding back the price in the summer of 2020. In order to go further up the buyers need to consolidate above this zone and protect their purchases, after which the upward movement will continue. The current uptrend line is sharp and less reliable, so in the coming days, we can expect a breakdown of this trend line and the fall of the asset into a correction. At the moment, the market is under selling pressure and traders are fixing their long positions ahead of the ETF launch on Ethereum. As a medium-term buy trade, you can look for a range of $17.33-19.70 with SL at $16.15 If the upward movement continues, the targets will be Fibonacci levels: $24.50 $29.69 $32.90 $34.89 Good luck and watch out for the market P.S. This is not a piece of financial advice but only a trade I would be following myself
Long
by UnknownUnicorn10064030