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LINKUSD

LINKUSDT - TP and SL for this breakoutBYBIT:LINKUSDT 1H trend chart - LINK has broken out its short-term downtrend line and kept consolidating whet it was close to Fib 0.5 After squeezing and accumulating, we can follow this trading strategy as below. - Profit Targets: a) 20.730----Fib(0.618) b) 22.898----Fib(1) c) 24.442~25.066----Fib(1.272~1.382 Stop losses: a) 18.773-----Red horizontal ray - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Long
by EthanTW
Chainlink $30 incomingHello all. Looking at chainlink on the daily chart we see that we found support around $18 right at the long ascending support line (yellow line). If we draw a resistance on the daily timeframe we get a resistance sitting at around $31-$32. The fibonacci retracement from swing high to swing low gives us a golden pocket target which sits at around $29. This also corresponds with the downtrending resistance line which makes me speculate that chainlink will hit this target for a retest. This price target puts chainlink at 55% gain for the short term. Bullish signs to look for: Oversold stochastic Rsi, price to break current resistance around $20, golden cross. Thanks for reading ,and stay tuned. Enjoy.
Editors' picks
COINBASE:LINKUSD
by EdgarTigranyan
101
Link possible next move ? My expectations from LINKUSDTHi, Linkusdt it one of my favorite coins after AVAX as you know weeks back i posted about avax where it can go you can check yourself where it was at that day I personally bought Link in parts my average price was 16.75 then I sell at 22.01. I don't like to give my profits back to the market and don't shy to book profits and now i am looking to buy again. You can buy some here and then at 17, 16.5, and 15.5 I am personally buying here then i will look around 22-23 how the market is behaving if its all good then will wait for 26. there is Pattern forming most basic one there is no need to explain that as you can see yourself i personally don't focus on the pattern that all comes down to volume upon all these patterns based on Thank you
by ProfessorMH
LINK Momentum Selling Over.I am a relatively new trader, so I hesitate to post an analysis, but I believe I can shed some light on what we are seeing with LINK. I remember seeing this pattern before. A sharp low is set, that low is tested again, then momentum takes over. Only to see momentum buyers punished for not buying the very bottom. As I see it, the selling we are seeing now is punishing those who bought the recent momentum that took LINK to $23. But I believe the selling is starting to become exhausted as the $18 price level has held strong thus far. Staying focused that the trend line from this summer's low doesn't break, LINK may be free and clear to run higher. Look for the momentum high around $23 to break in the next few days. From there, the path should be top of range into the mid $30s.
COINBASE:LINKUSDLong
by redykhouse
3
LINKUSDT , We should wait ...Good Evening guys LINK is one of the most powerful project that is working on ... (if you need any information fundamental about any coin you can send us messages in private) According to the chart, the price after impacted to the resistance is fell down and now its in minor support zone area, if it cant support in here the price can drop more to reach lower PRZ level. Previous analysis : If you need any help or question , send us messages in private Good Luck Abtin
Short
by Abtin00
Chainlink Survives Crypto Crash: Slightly Altered Bullish SetupChainlink ( LINKUSD ) pulled back violently along with the rest of the crypto space on December 3-4. While some cryptos had their bullish setups destroyed and others were left relatively unscathed, LINK falls in between. While the nested very bullish PURPLE 1-2,i-ii setup that we had got invalidated with the break of the 20.83 low that we had with what WAS the purple subwave (ii), LINK did NOT break the midsummer low of 13.55, which will now serve as MAJOR support. Breaking that would put us in the Red Alt pattern, which can take us down into the 10-dollar range. Our new GREEN pattern sees this recent low of 16.87 as the true subwave (ii) with the previous purple subwave (i) remaining as-is. As the new green pattern has this deeper subwave (ii) retracement, our projected targets drop slightly across the board. If we can hold the 20.83 support on any pullbacks, our subwave (iii) is targeting 71 - 92 for nearly 3.5x return. After a possibly lengthy 4th wave sideways consolidation, the subwave (v) and our eventual rally top projects between 107 and 137 for a 5.5x return. If you already bought the dip (BTFD), good on you! But as always, please be mindful of your own risk-tolerance and investing strategy. If you're still looking to buy, DCA (dollar-cost averaging) may be a good choice as it reduces emotional attachments and reduces the risk of buying peaks. The 0.382 extension of the larger structure at around 124 remains a very strong long-term resistance that I don't expect to clear on this current bull run. In fact, I believe that it will coincide with the major long-term top we will see in BTC and ETH after which we may have a painful correction across all the cryptos. This top would be a great time to take profit and reinvest into other asset classes or Stablecoins. I would expect LINK to fall hard but BTC and ETH to fall even harder and much longer as they will be topping in a MAJOR wave 5 off of a nearly decade-long impulse wave. But there is a great silver lining in what may be a multi-month or even multi-year swoon in the crypto sector. While the major cryptos such as BTC and ETH may underperform, LINK could be entering a strong 3rd wave rally. Assuming that our rally from around 13 to 124 is only a subwave 1 or a much larger 3rd wave, we've got clean targets for 450 and well beyond. In other words, the long, grueling Wave 2 pullback may provide us a GOLDEN opportunity to make a life-altering purchase with outsized returns in subsequent years! If you've missed out on buying LINK or are feeling FOMO, remember to keep you eyes on the prize! I use Elliott Wave analysis to project price levels for different assets and asset classes. EW is a form a technical analysis that is absolutely NOT based on fundamentals. Please be aware that this video is not intended to act as financial advice. I am not a trained or certified financial professional. You may invest based on a strategy tailored to your own skill and risk-tolerance levels. #chainlink #bitcoin #ethereum #crypto #cryptocurrency #fence #blockchain
COINBASE:LINKUSDLong
by Critique-al-Thinker
1
LINK - at weekly support, showing some bullish signsThe current CoinMarketCap ranking is #21, with a market cap of just $10,000,000,000 USD. We all remember famous chainlink run from 0.5$ to 50$, but after it LINK enter into long consolidation. Considering CMC ranking and M.Cap od just 10 Billion (for example, at the same time DOGE is at 22 Billion) LINK should reach 50 Billion at least in Q1-Q2 next year. Price action created big triangle with clear support (15-19$) which held pretty well few times. Notice barely visible hidden bullish divergence on RSI and Stoch RSI oversold condition (yes, it can stay oversold for some time, but it is sign that bottom is somewhere around the corner). Watch for Anchored VWAP dynamic supports (from bottom which is great area for buy orders and other from top, which when broken will indicate bullish sentiment and probable ATH retest). Don't forget about upper boundary, but considering current market condition, I wouldn't be surprised if Anchored VWAP comes to upper boundary (Q1 2022). Just to reach previous ATH, gain would be 150%. Risk/reward looks very favorable in my opinion.
Long
by Philippe_0x
Linkchain overview shortterm/midtermWell Link made some bounce back from the dip that happened on 5/6 december. It has established since 6 december a upward channel but it did broke out from it, but despite that it still may jump up. We have 0.618 fibo under our legs and also local support. MACD is heading towards a cross so we may get a nice upwards movement. Still we need to have in mind another scenario which simply will happen if we will break down this local support and fall below 0.61 fibonacci retracement. I'm currently without position, just watching. This is not a financial advice, I'm just sharing my personal view.
by BeaT16
LINKUSD forming a h&s inside a symmetrical triangle on the 1wkWe can see on the weekly chart that LINKUSD has formed a symmetrical triangle(bullish) with an ascending head and shoudlers pattern inside it(bearish). When we take a measured move o each patterns potential breakout target we can see that the bullish symmetrical triangle pattern has a breakout target of around $75 or so (depending where it breaks up from the triangle at). Transversely, the bearish head and shoudlers breakdown target is roughly negative 19 to negative 20 dollars. When we consider chainlink’s utility and fundamentals, to em it is clear that probability much more highly favors a break to the upside instead of a break that would take it into negative territory. *not financial advice*
COINBASE:LINKUSDLong
by DrDovetail
11
LINK TO THE MOON??Hey guys I have been keeping this chart to myself for awhile unsure if it was going to play out, but now it is just remarkable how similar this fractal is to current price action. The fractal is links run from December '18 to July '19. With out BTC's current correction this fractal would have been perfection. I would not be surprised to still see this play out with the recent news of googles ex ceo backing and advising chainlink and THE TEAM FINALLY STOPPED DUMPING COINS! However, the only portion of this fractal that I believe is unlikely is the run to the 200's and breaking that multi year resistance line, but crazier things have happened in crypto so you never know.
COINBASE:LINKUSDLong
by thebest97
4
THE BIGGEST BULLISH DIVERGENCE I HAVE EVER SEEN (BUY CHAINLINK)BINANCE:LINKUSDT is a monster in disguise, with a huge surprise waiting around the corner. On the weekly timeframe chart, we can see a monster-sized hidden bullish divergence. The price action has been printing higher lows, while the RSI has been printing lower lows. By definition, this is a hidden bullish divergence. Something like this appearing on a high time frame, in our example the 1-Week time frame, can only mean one thing: a huge move on the upside is waiting for us. Fundamentally, BINANCE:LINKUSDT is also a fantastic project, having just partnered up with the former GOOGLE CEO - Eric Schmidt. I have never been so excited for a project before! Good luck, Your Ganbu ⚠️ Let me know your feedback and comments below! ⚠️ Follow me if you would like to see more analysis like this
Long
by Ganbu
4
LINK Buy of a lifetime (Analysis) 🐂LINK is forming a solid pennant that it's been respecting since September of 2020. I believe the earlier pump was simply deviation, and that the real breakout is still coming. A buy at the current price ($20) is further supported by the Stoch RSI, where each time it's bottomed out has been a great opportunity to buy. Based on the fib retracement from the last pump to the last low there is big resistance right around where a breakout from the pennant would be. Breaking this area although difficult would mean clear skies for the bulls. I'm currently looking for buys in this region with a stop loss outside of the pennant, the risk to reward ratio is too good to pass up. That's also only considering the price action, this isn't considering the utility LINK brings to the table. I won't go into too much detail here, but in summary, it facilitates the transfer of data between on-chain and off-chain smart contracts which is essential for real-world applications. If curious look into the relationship between PayPal and Chainlink. The long-term value of LINK is undeniable, I am very bullish.
COINBASE:LINKUSDLong
by sachu_blessyou
2
Link - keep an eye on these scenarios!Link is down 60% in the last few weeks. At the same time, there have been huge liquidations. There is a lot of volume at the bottom, which is a good signal. It is also worth noting that a trend line has been formed and the price is moving towards it little by little. A false breakout of $15.3 or a breakout of the trend line would be a good buying opportunity. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
Long
by Yuriy_Bishko
5