LINKUSD
LINK in weekly TimeFrameLINKUSDT have a curve bearish line for a several weeks, its on a weekly support of fibo 2.618.
as you can see, if RSI can breakout above of Bearish trendline, price can grow up
in MACDs Histogramwe have positive divergence, if macd line can cross signal line it is a good point.
BUT if we still on bearish market LINK can move down to the weekly fibo level 2.0 at 3.35$ price !!!
📊 LINK is heading back to retest resistance.Hello, dear TradingView members.
This idea is a LINK analysis.
LINK just made a 10% move up. And it's about to restest the last resistance which rejected it a few times.
RSI crossed the border to 75 a couple of times, but the price still has the potential to move higher. Watch out for the resistance level because it's a strong zone. If you're into opening long positions, please wait for more confirmations and open your long positions right after a closure above the resistance area.
Scenario one:
A breakout:
The price will touch the key level, pull back up, and hit the first resistance; then, it might touch the higher highs.
Scenario two:
A fake-out:
The price will move to resistance and then fall back into the support zone.
The Bollinger Bands are broad, but they're about to get squeezed back.
The Speedometer indicator shows Neutral volumes on the market for LINK on a 1D interval.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
Why should we buy some LINK ?hello my friends
.....
if you look at the 02 July 2020 , when link broke up the 5 $ resistance , we had really good bullrun for link.
and almost 1000% gain , from 5 $ to 53 $.
ok , what now ?
we are getting close to 5 $ again and its good support for link.
look at the volume traded from 1 $ to 5 $.
you can wait for testing 5 $ or wait for breaking the trendline , (pointed with yellow arrow)
.....
for the long term :
the strongest support for now is 5 $. if we lose this support the next one is around 3 $.
the strongest resistance is 12 $
.....
not financial advice !
please , share your ideas with me
I would like to see what do you think about any cryptocurrency <3
have a great day.
LINK is going to reach 8.7$LINK was in a falling wedge pattern. The pattern Was a Bullish Pattern and now Price has made a Break out.The Break out will determine the Trend and Means the Price is gonna Increase and Reach the top of the Falling wedge pattern. The Expected Price is around 8.7$
-LINK was in a falling Pattern.
-break out Has Happened
-The Expected Price is around 8.7$
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Thank you for seeing idea .
Have a nice day and Good luck
LINK MARINES GETTING READY FOR LAUNCHFinally we're there!
Holy Moly, look at that triangle which finishes this big booty correction with a beautiful 5 wave structure. Its kind of the same pattern as for NEO and many other coins.
Minimum short term targets are huge already. Possible targets later in case of an impulse are m00n-style.
Lets watch his it develops
Hold my beer pls
----
No financial advice, do your own research, don't be stupid
[ALTCOIN]LINKUSDT ANALYSISHello, everyone
We're a team that specializes in chart analysis
We will always analyze and provide you with charts to help you sell
There are so many trading laws and there are so many good technologies that come with them, but I'm confident that the trend line is really strong.
If you read the point of view and get to know the line, every line will adjust
Thank you.
------------------------------------------------------------------------------------------------
Chart Analysis Content -
Currently, the candle is pushing up the Order Block zone.
LINK.d broke down from a major ascending channelLooking at the dominance chart, we can see that a 3 year old ascending channel has been broken down with a failed retest. The measured move and the 1.618 fib extension are confluent at 1.7 Billion which is equivalent to 5 dollars on the USD pair.
The USD pair chart also shows a breach of a longterm diagonal support.
Currently the RSI rests at historic support. Link might bounce to retest the channel. A breakdown of the RSI historic support will confirm a move to $5.
Previously I was very optimistic about LINK but the break drown from the channel shows a lot of weakness in the coin currently. LINK did not perform in the recent ALTS runs as good as other ALTS. LINK had a stellar 20x run after March 2020, but was unable to garner the same interest afterward.
LINK/USDT - Potential Short ScenarioHello Traders!
LINK movement within the descending trend began to accelerate, which may indicate the soon completion of the falling phase.
If we take the correction of the cryptocurrency index (Bitcoin) to $20,000 - $22,000 as a basis, we can assume that the zone of interest of buyers will be below the current price marks.
A suitable price range for asset recruitment in the medium term would be the in the $2.83 - $4.60 zone
We should start the intake of the asset closer to the support level of $2.83, in the range of $2.83 - $3.32.
The profit-taking targets in medium-term purchases will be the price levels of $6.86 and $8.38
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
LINK UPDATE - POSSIBLE BUY AREA - $4.50i've been following LINK for a while now and when you think it can't go any lower, it does.
i still believe we get another leg down to the $4.50-$3.85 area before we start to trend up
why do i think this? a couple reasons 1) we have a hidden bearish divergence on the daily chart (price = lower high and RSI = higher high) and 2) equities are set to dump again today after trying to make a comeback the day prior
no clue that this happens but worth sitting on the sidelines until we have clear direction before taking a risky position here
not trading advice, just my thoughts
tjg
LINKUSDT Rebounding to $11.50 is a real possibility*** ***
For this particular analysis on LINK we are using the LINKUSDT symbol on the Phemex exchange.
*** ***
The idea is on the 1D time-frame where LINK (LINKUSD) is consolidating ever since the May 12 low and the short-term rebound that followed. On a more long-term perspective though, the price seems to be repeating the consolidation of early December 2021, which was also formed after the December 04 Low rebound. The RSI sequences are so far identical and both MACD levels are after a Bullish Cross.
This December 2021 consolidation led to a 0.618 Fibonacci retracement level test. That is currently a little over $11.50 and is our target on a two month horizon.
--------------------------------------------------------------------------------------------------------
Please like, subscribe and share your ideas and charts with the community!
--------------------------------------------------------------------------------------------------------
Chainlink at a fork in the roadSitting at $7.60 resistance, chainlink looking to test $9 but having difficulty doing so. Possible retest of support around $6.50 if it doesn't break upward. Watch out for the false break higher. Keep an eye on the candles. Watch out for long candles in the current stagnant trend, if that happens expect an inevitable retracement depending on the direction.. expect a hard retrace lower to an unbelievable $4.80 not currently looking that way but keep an eye on your tops and bottoms.
Chainlink bullish post recessionThe Chainlink ecosystem has backing from strong investors and because of its track record of surviving an strong downtrend in 2018-2019 could Chainlink be a sleeper pick for the next bull market post this current recession.
Chainlink is a blockchain oracle built on Ethereum and is therefore an important technology in the blockchain world and it could therefore be a long term stability and long term validator for the future.
So even if the price of Chainlink would drop massively would this coin not crash as the technology and its fundamentally strong product.
LINKUSD Short ScenarioMarket is in overall downtrend, but in 1h timeframe we can see an upwards correction, market already formed a main lower high, which means we should see a break of a correction structure, retrace back to it and down a downfall of a price at least to a recent main lower low.
Entry: 7.29 (After break and retest)
Invalidation: 7.98 (Above main lower high)
Target: 5.56 (Main lower low level)