LINKUSD Potential For Bullish Rise | 24th February 2023Looking at the H4 chart, my overall bias for LINKUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for an immediate buy entry at 7.895, due to price bouncing off the overlap support at 7.503 strongly, indicating that the bullish momentum is strong. Stop loss will be at 7.503, where the previous overlap support and 38.2% Fibonacci line is. Take profit will be at 9.480 where the previous swing high was.
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LINKUSD
✅TS ❕ LINKUSD: before a correction✅✅ LINK has reached the resistance level.
Trading volatility has increased.
I believe that the asset can correct from the current levels. ✅
🚀 SELL scenario: short to 7.643. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
LINK: Going to range high, or even better: 12.25Ok, we can see Link broken both of the 200 EMA and 50 EMA.
In addition, we also see the formation of higher low here. There may be a correction a bit, but overall, I project that LINK may go to the range high (~9.5), and if it's broken, 12.25 area is, I can say, programmed
✴️ Chainlink 5X Lev. (~100% to 390% Potential)My dear friends, I am back providing you with great content... The intention is to share my view and opinion and for us all to learn and be entertained.
Trolls... Stay away, this is for true followers only and responsible, adult, conscious people.
If you don't know how to approach a lev. trade then please, stay away, do your research first, study because I am no financial advisor.
This is my view of the charts and trading involves risks regardless if you buy with or without leverage/margin, crypto or stocks or anything.
In fact, most everything in life posses some sort of risk, so keep in mind that each individual human being, soul, is responsible for his/her own actions.
I am writing all this because people will troll me in the comments section saying it is illegal to share my ideas... Trade ideas... It is just that, an idea.
This can be a success or a failure... That is for the market to decide.
What we know for certain is the potential vs risk.
The market situation, how the chart is looking, etc.
We are live with 5X on LINKUSD.
I will share the trade numbers with you:
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LONG LINKUSD 5X
Entry: 6.10-6.60
Stop: Close daily below 5.75
Liquidation: 5.226
Targets:
1) 7.10
2) 7.70
3) 8.20
4) 9.0
5) 10.0
6) 11.5
Capital allocation: 3%
Potential profits: 390%
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Trading with lev. is high risk and recommended for experts only.
If you are a beginner start with spot trading and once you are successful at it for 2-3 years then make the leap.
If you want to start right away be aware that there is a price to pay to learn.
Liquidation can result in your entire position being lost.
If one cannot take a loss, one cannot trade.
Losing is part of the game as much as winning... In fact, we tend to lose more than we win overall... But we win in the end if we learn from our mistakes.
Thank you for your continued support.
Feedback is appreciated in the comments below.
Namaste.
✴️ Chainlink Still Within Consolidation Box (165%+ Potential)Chainlink (LINKUSD) is still trading near its bottom, literally still sideways within its consolidation box.
While our leveraged trade is already way ahead in profits, the true action is yet to start.
19-Jan. ✴️ Chainlink 5X Lev. (~100% to 390% Potential)
Lets have a look at the different resistance levels.
We have 7.917 as immediate resistance, easy to takeout.
This is followed by EMA50 at 10.25, easy since we've seen other pairs flying through this barrier.
We have 12, 16 and 20... The full details can be found in the trade idea above.
Thank you for reading.
Namaste.
Bull on Link<3
Passed bull season and went straight to tax season.
These closing triangles are very distinct. It will only take one breakout and the price will never get close to the triangle again. Going long, holding until the real metaphorical bulls run the market up. Going short, it might hit this current channel again.
✅TS ❕ LINKUSD: still moving in an uptrend✅✅ LINK did not break the ascending structure.
The asset continues to move in an uptrend.
The price will continue to rise after overcoming the resistance. ✅
🚀 BUY scenario: long to 7.643. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
LINK: slow movesIt was a relatively modest week for LINK. There was a general negative market sentiment on the crypto market, so LINK could not make any sort of general moves, instead, the coin was slowly moving between levels of $7.2 and $6.7. There has been an interesting development on Thursday, when the price suddenly moved till level of $7.8, which has been followed with significantly increased trading volumes. However, the price swiftly reverted to previous levels. Although there is no further information on this transaction, it still to some extent shows that LINK has a strong potential.
The RSI indicator moved to the down side, but it is still holding modestly above the level of 50. It shows that the market is still not ready to head toward the oversold side. Moving averages of 50 and 200 days continue their dance as two parallel lines, which lasts from December 2021, still not providing any glimpse that the long awaited cross might occur any time soon.
Current charts are pointing that LINK might continue with its slow motion moves also in the coming period. Certainly, the resistance line at $7.0 is currently tested and is going to be tested during the following days. On the opposite side, $6.7 might be a short term stop for one more time, with decreased probability for $6.5 support.
RLinda ! LINKUSDT-> Consolidation formation near resistance LINKUSDT is forming a pre-breakdown consolidation before the resistance area of 7.380, but at the same time the price is forming numerous retests of downward resistance. What to expect from the price?
As we can see, the coin is gaining energy, but what is remarkable is that there is no decline. The price is slowly climbing towards the resistance at 7,380 and at the same time it is forming a consolidation. This maneuver might snag the resistance and break it soon, and the consolidation will only push the price to 8.210.
I expect a breakdown of resistance at 7.380, and the formation of medium-term potential for a trend change. Ahead is resistance 7.380, breakdown of which will determine the way to 8.210 as a short-term target, and then to 9.50.
Regards, R. Linda!
LINKUSD Is it finally moving?Chainlink is consolidating around the 1day MA200, being slightly more bullish as the 1day MA50 is holding. Today's highly volatile 1day candle is evidence that the market is prepared to move higher. The Channel Down on the RSI could be a Bull Flag as it was in October.
We are buyers with 8.200 the short term Target. Next buy above Resistance A with our Target a bit lower than Resistance B at 9.4500.
In the same sense, below Support A, we turn to selling with 5.7000 our Target.
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ChainLink token LINK price it's time to catch up with the marketWhile most cryptocurrencies began their rapid growth at the beginning of 2023, Link buyers were "scratching their heads" and not keeping up with the market.
Consolidation in the range of $5.50-9 has been going on for 9 months. Delta shows that purchases in this range are at least 5% higher than sales. Are "they" accumulating a huge position?
If so, then the growth of ChainLink token price to $9 will be soon. And ideally, in the coming months, we would like to see Linkusdt price at $15 and above
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✅TS ❕ LINKUSD: mirror support area✅✅ LINK could not break the ascending structure.
The price is fixed above the resistance area.
I expect that the asset will continue to grow. ✅
🚀 BUY scenario: long to 7.419. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments