Link Short Set Up 🔻📉LINKUSD 4HR SHORT
LINK is hitting bigger resistance at multiple trend lines with the possibility of a triple top on the LTF
Entry 1: $7.99-8.15
Target 1: $7.05
Target 2: $6.80
Stop Loss: 2-4% based on your own risk tolerance.
Consider moving stop loss to break even after the trade becomes in the money 3-5% to minimize risk.
If a wick stops you out simply wait to see if we confirm back below the trend line before re-entering.
Never chase a trade or force it if the market becomes choppy.
Never trade with out a stop loss, especially on a short.
LINKUSD
LINK: positive newsNegative market sentiment continued to shape the financial markets, where the price of LINK was pushed to the downside, to the level of $6.5 at the beginning of the week. Regardless of this drop in the price, the positive news is that the price of the coin soon reverted back to the levels from the end of the previous week. It shows that the market still has positive sentiment for this coin.
RSI was moving between 44 and 55, showing that the market continues to be oriented toward the overbought side, regardless of the modest drop in the price at the beginning of the week. Moving averages are slowing with their convergence, but still they continue to move in this direction. The golden cross is still not in store, but it might be in the future.
During the last three weeks charts are pointing at the long term resistance line at $9.0 for LINK. It still continues, considering that the coin showed that there are not enough selling orders which might push the coin clearly below the $7.0 support line. At the beginning of the week ahead LINK will clearly test $8.0 next resistance, with high probability that it might head further to $9.0 long term resistance.
Link (chainlink) Best web3 coin
Link should retrace between 5-2 $ before going to 70-100$
Very strong coin with a lot of merges especially with strong project
Weekly stochastic is over sold so we must reach 2$
Ill hold more bags in 2$
Chainlink LINK Bearish SentimentFriday the S&P reached its 52 week low, $3636. There is a strong correlation between the S&P and the crypto world. Many stock investors diversified their portfolio into cryptos, especially in BTC Bitcoin and ETH Ethereum .
With a bearish stock market in the worst month for stocks and cryptos, i expect most of the cryptocurrencies to trade lower this week.
LINK/USDT short
Entry Range: $7.50 -8.00
Take Profit 1: $6.40
Take Profit 2: $5.10
Take Profit 3: $4.60
Stop Loss: $8.90
Link Will bleeding Again!!! ...as you can see link touches its dynamic Resistance in daily and we may see another dump...
take your positions with a tight stop,
just remember every support and resistance can break...
Link Elliott Wave count and trade ideas. Getting the video rig back up and getting used to things again so apologies for some of the audio quirks. Working the issue.
That aside still think some fun Elliott Wave info and some nice potential trade setups and things I am looking out for.
If it inspires you or is helpful, hook me up with a boost, a follow and check out my signature more content. Cheers!
Sept 22nd - LINK - Possible Long if breaks triangle1D tf
Looking to see if LINK will break the descending trendline
Can enter now at 6.80 - 7.10 area with a SL at 6.18
OR
can wait for price to break and hold at the descending trendline at around resistance at Target 1 (7.622 area)
Target 1 = 7.622 area
Target 2 = 9.530
Target 3 = 12.287
LINKUSD ❕ under the liquidity zoneLINK is moving under liquidity.
Trading volumes are declining.
Price and RSI have formed a bullish divergence (1H TF)
I believe the asset will continue to decline after it closes under resistance.
LINK goes negative ... trust TA !LINK historical moment:
But before here is some history:
"On April 20, 2020, WTI crude contract dropped 306%, or $55.90, for the session, to settle at negative $37.63 a barrel on the New York Mercantile Exchange."
I will accept bitcoin to HODL LINK.
NFA DYOR :)
Chainlink (LINK) - September 21Hello?
Traders, nice to meet you.
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Have a good day.
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Link is a coin that belongs to all themes formed in the coin market.
Therefore, I think that it is a coin that can increase the number of coins in the medium and long term.
(LinkUSDT 1W chart)
It is important to see if it can rise to 11.976-15.374.
To do this, you need to make sure you can be supported near 6.7.
(1D chart)
1st resistance: 8.290-8.822
2nd resistance: 11.064
The 6.7-7.411 section is the section where the HA-Low indicators are leveled.
Therefore, if you are supported in this section, it is expected to rise.
If you fall below 6.7, you need to check the upside trend line (1) to touch and rise nearby.
If not, it is expected to fall around 4.976.
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** All descriptions do not guarantee losses in investments for reference.
** If you share this chart, you can use the indicators normally.
** MRHAB-T indicators include indicators that display support and resistance points.
** Background color of Long/Short-S indicators: RSI overreagy, overlooked section mark
** Background color of CCI -C indicators: When the short -term CCI line is -100 or less, when it is +100 or more,
** OBV indicators have rewritten by applying the formula to the indicators of OH92. (Thank you for this.)
(Short -term STOP Loss is a point where you can preserve or enter additional gains and losses by split transactions. It is a short -term investment perspective.)
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2$ Pick a bag and enjoyLink is amazing project but thats the Alts moves especially when FED go aggressive
Its over sold in weekly
2$ ill hold a bag on link and ride the Link horse
GOOD LUCK
LINKUSDguess at an accumulation pattern but no idea long term tbhh
depends how eth2.0 travels in the mid term i suppose
90%ish down from ath
long term downtrend line meets accumulation supplyzone soon
see how the reaction is come late sept october i suppose
:)
Chainlink: Partial Decline With Hidden Bullish DivergenceLink several weeks back bearishly reversed at the top of the local range which lined up with the PCZ of a Bearish Bat and the target i had set for it was the 50-61.8% Retracement because there was a higher probability that Chainlink would reverse Bullishly there to begin to attempt a Partial-Decline.
We've since begun to reverse at that level and are showing Hidden Bullish Divergence on both the MACD and RSI. One would be lead to believe that this is the start.
However as of right now it's unconfirmed until it touches the top of the range again; But we have enough info here to try to front-run the test of the range top and get a better entry today.
link nearing resistancechainlink is headed into resistance while btc and eth look like they ran out of juice for the day. 8.2-8.3 could be the hammer down point for link. watch out for it
The Bearish triangle is being completedThe Bearish triangle is being completed And I think we are about to dump
LINKUSD ❕ volatility declineTrading volumes remained at the same level.
Trading volatility narrowed between 200MA and 100MA (4H TF)
Price traded under 100MA (30m TF)
The asset could decline further if price moves below support.
Link 4Hr Update#Link is currently trading at $8.095 in my long position that started around $7.10. Currently up about 14% #Chainlink looks really strong in the #cryptocurrency space.
$LINK | Short Ride UpLINKUSD has broken the down trend on the DAILY and looks to repeat similar patterns in June and August, with a major difference being that it has also cleared the 50EMA as well as the beginning of a 13/48 EMA cross happening. I think a good ride to the next resistance area will take and a possibility of break through. I placed a LONG BUY for LINKUSD and placed the stop loss below the 50EMA as it has respected this since the 13/48 cross.
Here's my numbers:
Entry: $8.13
Take Profit: $8.55
Stop Loss: $7.72
Actually flipped the other side of the pump to 9.5Just expecting link to bounce around and control it's volatility until Chainlink's Smart Contract convention at the end of this month when I'm expecting some major movements.
Long time to break this triangle maybe sooner than later.I traced the pattern on the other side of this Chico Crypto pump to 9.5
Link in the few channel!🧐The Link is located in several ascending channels in different time frames.
which means that to create a strong upward trend, it is necessary that two or three channels are aligned and at the same angle, or price break and pass two price resistances zone in the chart (in different time frames).
In short, an upward movement is forecasted for the Link coin, but it is accompanied by small waves (micro descending channels).
Chainlink ( LINK )
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