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LINKUSD

LINK - Long term perspectiveHello, I've invested in $LINK in 2018 and bought somewhere around 0.22$ and now I wanna take a look where it's heading. As you can see the yellow lines shows support/resistance on a closed candles. The white lines shows support/resistance on a wicks. Based on that I can see that we still have room to go lower to smoewhere around 7$. This is the zone where the retail investors will be scared and think that the project is dead but smart money will buy the dip. In conclousion I wanna say that this move will also depend on a Bitcoin price action. Personaly I will be waiting for May to see if we go lower or we are already hit the bottom. P.S. Tell my your thoughts on $LINK in the comment section.
BINANCE:LINKUSDLong
by jokubas
1
LINK above 21$ would be a sign of massive reversal!Here's a quick look at the LINK Daily chart . As we can see, the price has been oscilating withing a bigger falling wedge. BTC needs to get above 48k before we can expect a break above 21$! The best entry would be when the price breaks above 21$ with good amount of volume . Definitely one to keep an eye on! ------------------------------------------- The idea is: Buy when the price breaks above 21$ and take profits at the levels shown in the chart. Targets: 1. 24$ 2. 28$ 3. 32$ 4. 36$ ------------------------------------------- What Is a Wedge in the context of trading?: "A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge-shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts. Key Takeaways for Falling wedges: 1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods. 2. The patterns may be considered rising or falling wedges depending on their direction. 3. These patterns have an unusually good track record for forecasting price reversals." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
2
Chainlink (LINK) - April 6Hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (LINKUSDT 1W Chart) Primary resistance: around 20.84 Secondary resistance: 27.20-30.38 Support: 11.31-14.49 If it falls below the 11.31-14.49 range, it is highly likely to enter the mid- to long-term investment area, so careful trading is required. (1D chart) (buy) - After confirming the support in the section 14.49-16.15 (Stop Loss) - When it falls below 14.49 and receives resistance - When it falls below 11.31 (Sell) - When resistance is received in the section 23.03-24.70 - When receiving resistance in the section 27.20-30.38 If the price is maintained above the 27.20 point, it is expected to surge above the 32.10 point. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
5
Soon there will be a reversal!Here's a quick look at the LINK Daily chart . As we can see, the price has been oscilating withing a bigger falling wedge and a break to upside could be around the corner! The best entry would be when the price breaks above 21$ with good amount of volume . Definitely one to keep an eye on! ------------------------------------------- The idea is: Buy when the price breaks above 21$ and take profits at the levels shown in the chart. Targets: 1. 24$ 2. 28$ 3. 32$ 4. 36$ ------------------------------------------- What Is a Wedge in the context of trading?: "A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge-shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts. Key Takeaways for Falling wedges: 1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods. 2. The patterns may be considered rising or falling wedges depending on their direction. 3. These patterns have an unusually good track record for forecasting price reversals." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
2
LINK/USDT Wyck-Off Analysis New ATH (now 45% Up from our entry )#LINK/USDT Wyck-Off Analysis Update- Hey fame, hope you all doing well. In the last chart of $LINK, I shared a Long-term view based on the Wyck-Off methodology. #LINK currently trading at $18 And It’s Almost 45% Up from our entry zone. 45% Is good profit in Short Term. $LINK followed our path very accurately, price was at the place of the secondary test of Phase B. As we mentioned in the previous idea, the price is currently in the big accumulation range and it can leave this range at any time followed by high buying pressure. Accumulation structure played, wWe have seen ST in Phase B and after the test 'SPRING' took place. However, the 'Spring' shakeout was not much greater in terms of retracement % and that's because of the market bullishness and buying pressure. $LINK price is following the other major altcoins and bitcoin move as crypto market behave relatively, all they have kind of similar move. If the crypto market continues showing its bull strength and starts moving even higher, high probability that $LINK will hit its higher target. Maybe in the next Altcoin rally, we will see $LINK is breaking out of a structure and making new highs in the future.
Long
by CryptoPatel
3
Chainlink (LINK) - March 31Hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (LINKUSDT 1W Chart) Primary resistance: around 20.84 Secondary resistance 27.20-30.38 Support: 11.31-14.49 You need to break out of all downtrend lines to accelerate the uptrend. (1D chart) The price should hold above 17.76 to turn into an uptrend. The key point is 17.76. (buying) - After confirming the support in 16.15 - After confirming the support in 17.26 (Stop Loss) - When resistance is received after falling below 14.49 - When receiving resistance after falling below 11.31 (Sell) - When receiving resistance in the section 23.03-24.70 - When receiving resistance in the section 27.20-30.38 Point 20.84 is the psychological resistance zone. So, you can rock it up and down to break through this point. The 23.03-24.70 section is likely to find resistance to break out of the downtrend line (1). ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
LINK is stuck between 16 & 28$🌳LINK Is in a Broadening Wedge which means the price can range in the pattern until a break out happens. The price now sits above It's support (around 16$) which increases the odds of break out. So now there are two scenarios actually. One is that LINK would fail to break the pattern & after a bit of increasing, it would decrease to support once again. Another scenario is that the Break out would happen and LINK would fly afterward! If the break out happens, the price would reach 28$ which a strong resistance sits there. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you for seeing idea . Have a nice day and Good luck
by CobraVanguard
11
LINK - 5 Year Continuous Macro UptrendThis was the chart I found that went back the furthest. When in Log Scale, you can see above that Chainlink has been in a 5 year continuous uptrend. Notice there have been several times where the channel was broken, but as we know in technical analysis, it is not the initial breakdown that matters, but the follow through price action. As you can see, the follow through price action every single time has lead to almost-immediate reentry to the channel. I believe that Chainlink is starting the next wave to the top of this channel, a wave that would put Chainlink at ATHs close to the heartline at the middle of the channel. Heading to the top of the channel would put us somewhere in the area of $120 - $ 195. Note that this is a very long term HODL play, and it is actually too long for my tastes, as I do not HODL Chainlink.
COINBASE:LINKUSDLong
by mithril_web3
8
LINK : CLOSER LOOKSupport and resistance Just see price action and then take ur decision I look forward to the yellow descending line for the first main target . PS. *** All of my analysis is for scalping method, Not suitable for coin holders / Investor.... It's my trading diary particulary to practice scalp trading skill. *** If you follow it please adjust the stop loss at your acceptable risk. >>>>FYI When I trade I use low leverage and only cut loss . Feel free to share your thoughts, Trade safe and fun!
BINANCE:LINKUSD
by baby_rhino