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LINKUSD

LINK: still in reversalAfter not being able to make a clear road toward the $8.0 resistance line two weeks ago, LINK entered into short correction during the previous week, exactly as it was expected. What is interesting with this coin is that while general investors hesitate to enter into any position, LINK acts like it does not have such a problem. This is quite positive, as it supports investors' positive prospectus on the coin. LINK started the previous week around level of $7.5 and moved to the downside, to the lowest weekly level at $6.7. RSI was pushed from the level of 56 down to 46, indicating that the market is probably still not over with selling orders. Moving averages of 50 and 200 days continue to move as two parallel lines with very tight distance between them, which increases probability of potential cross in the near future. At this moment, charts are not clearly pointing that the reversal from the previous week is still over. In this sense, the level of $6.5 might be tested, with lower probability that price might reach the $6.0 support line. On the opposite side, $7.0 resistance might be tested again, with still lower potential over $8.0 next resistance line.
COINBASE:LINKUSD
by XBTFX
LINK: on a quest for $8.0During these turbulent times on the crypto markets, LINK came as a surprise, as the coin was holding strongly between levels of $6 and $7. It shows that investors still have high confidence in future prospectus of this coin, regardless of general developments on the market. During the previous week, LINK reached its highest level at $7.8. Resistance line at $8.0 has not been tested on this occasion. Instead, the coin reverted a bit to the downside, as of the end of the week, finishing the week around $7.3 level. During the week RSI was pushed up to the level of 60, still the indicator is ending the week around level of 54. Regardless of short reversal, it still shows that investors are more interested in the overbought side of the market, than the opposite one. It also adds to potential for the price to be pushed higher in the coming period. Moving averages of 50 and 200 days continue to move as two parallel lines with very tight distance between them, which increases probability of potential, cross in the near future. Charts are showing that LINK entered into a short reversal, after not being able to make a clear move toward the next resistance line at $8.0. In this sense, the support line at $7.0 might easily be the next target for LINK at the beginning of the week ahead, eventually $6.5. In case that this line is not clearly breached, then it might be expected for LINK to continue its quest toward the $8.0 resistance line for one more time.
COINBASE:LINKUSD
by XBTFX
Chainlink (LINK) - November 30Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (LINKBTC 1W Chart) As it began to rise above 0.0003 950, it began to release its upward force. If it starts to rise above 0.0005 508, it is expected to explode the strength of the uptrend. -------------------------------------- (LINKUSDT 1W Chart) The important thing is whether you can rise to the 11.976-15.374 section and be supported. To do so, we need to see if it can rise above the MS-Signal indicator. (1D chart) The 7.230-7.820 zone is an important support and resistance zone. Therefore, when rising in this section, 1st: 8.649 2nd 11.064 There is a high probability of rising in the vicinity. However, since the 11.976-15.374 section determines the trend, if it is located below this section, a short-term response is required. If there is a decline below 6.700, there is a possibility of a decline around 3.703-4.976, so you need to think about how to react. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator includes indicators that indicate points of support and resistance. ** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor). ** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100). (Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.) ---------------------------------
by readCrypto
The ChainLink LINK price is preparing for a good growthToday, we will consider the LINKUSDT price chart on the 3-day time frame For the last six months, the LINKUSD price has been in a wide consolidation range of $5.50 - 9 Trading volumes in the range show that buying prevails, and therefore we can conclude that the "big player" is gaining long positions. If in the coming days, the LINK price does not fall below $6, then in our opinion this is a signal for strong long. The first task of buyers is to break out of this consolidation upwards, that is, to confidently consolidate above $9. In the medium term , we see the following targets for the growth of the ChainLink token price: $12.50 - $14.80 - $17.50 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Long
by P_S_trade
28
LINK has registered a range trend!Over the past week, LINK has registered a range trend on its important support range. After the buyers' efforts brought the price of this currency to the resistance range of 9.3-10 dollars, the simultaneous profit saving of short-term buyers and selling pressure in the market forced the medium-term buyers to sell their assets. As you can see, we are generally in the descending channel in the weekly time frame and in a trading range area in the daily time frame. The floor of this area in the range of 6.2 to 5.9 dollars has repeatedly prevented the price from falling, and this support occurred again in the last encounter. But the most important thing about the last encounter is that the penetration of the price inside this range is a sign of possible breaking of this level and the possibility of falling to the bottom of the descending channel in the range of 4.5 to 5 dollars. In the 4-hour time frame, you can consider a downward trend line for possible reversals. By breaking this dynamic resistance, the possibility of short-term growth to the $7 range can be provided. Of course, in the condition that Bitcoin stays at least in the range trend and does not fall further.
by MonoCoinSignal
25
LINKUSD: Was It a Fake Bullish Breakout? 😱 | Nov. 25, 2022This week, we will stick to the 4-hour time frame to analyze the price action in detail! It seems like a false bullish breakout was seen earlier this week following which a strong rally was witnessed. Seems like the price will soon approach the next resistance situated at $7.35. If the resistance is reclaimed by the bulls, traders can expect a strong rally in the coming week. Once the resistance at $7.35 is reclaimed, we can see a clear path to the supply zone at $8.51. However, this view is only valid once the price is able to sustain above $7.35. Traders must maintain caution of the demand zone at $6 because if this zone is broken once again, a sharp fall could be seen. At the time of writing, it looks like we may see a small pullback as the RSI has started falling. Expect the price to test the support at $6.3 before continuing the rally. The important price levels for this week are $6.3 and $7.35!
by CoinMarketCap
2
LINK - Once A Castle; Always A Castle! 🏚Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. LINK has been stuck inside a big range in green between 5.0 and 10.0 For the bulls to take over from a long-term perspective, we need a break above the upper bound of the range and round number 10.0 Meanwhile, since we are approaching the lower bound (5.0) we will be looking for buy setups on lower timeframes. For the bulls to take over from a short-term perspective , a break above the last minor resistance in orange around 6.5 Meanwhile, until the bulls take over, LINK can still trade lower to test the 5.0 zone or even break it downward. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
35
LINKUSD H8: 30%+ CORRECTION WARNING TP 4.00(SL/TP)(NEW)Why get subbed to me on Tradingview? -TOP author on TradingView -2000+ ideas published -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -before/after analysis -24/7 uptime so constant updates 🎁Please hit the like button and 🎁Leave a comment to support our team! LINKUSD H8: 30%+ CORRECTION WARNING TP 4.00(SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. 🔸 Summary and potential trade setup ::: LINKUSD 8hours/candle chart review ::: 30% CORRECTION WARNING ::: updated/revised outlook ::: distribution in range / weak chart ::: limited upside / expect dump from HIGHS ::: weakness will last for 4-8 weeks ::: LOG SCALE chart ::: not a great looking chart ::: RISING WEDGE BEARS taking over ::: FTX/ FTT bankruptcy will pull crypto down ::: CLEAN REJECTION AT recent highs ::: S/R was re-tested produced WEAK bounces ::: final BOUNCE possible now before DUMP ::: also noteworthy sequence of lower highs ::: recommended strat: MARKET SHORT IT ::: final TP BEARS is 4.00/4.20 usd ::: 40-45% correction possible next ::: 4-8 weeks in November/December 2022 ::: right now no upside in this market ::: position traders should wait for ::: better entry prices later after ::: no upside in this market it's game over ::: recommended strategy: SHORT SELL AT MARKET ::: TP BEARS is +40% gains - near 4.00 USD ::: BULLS stay out until correction is over ::: SWING TRADE: SHORT/HOLD IT ::: correction run not over yet ::: good luck traders! ::: BUY and get paid. period. 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment mid-term: BEARS/CORRECTION/40% ::: Sentiment short-term: DUMP/GAMEOVER RISK DISCLAIMER: Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
BINANCE:LINKUSDShort
by ProjectSyndicate
36
LINK Is Trading Too Close to Support! What's Next? 😨 Nov. 18In our previous analysis, we ascertained if the support at $7.5 is taken out, the price will test the last standing support at $6.2. At the time of writing, LINK is trading dangerously close to the support at $6.2, and it looks like a breakdown could be seen soon. If this support is broken, traders can expect the price to collapse to $5.2, which is the 52-week low. Therefore, traders should proceed with caution until LINK is able to reclaim the resistance at $6.5.
by CoinMarketCap
1