LINK/USDT 1D BEARISH DUMP INCOMINGThe LINK crypto chart is displaying bearish qualities and is expected to plummet further. It has demonstrated a poor weekly outlook in the chart as the price is trapped in a range-bound situation and is facing rejection from a supply region.
As of now, the LINK price is in the lower band of the parallel channel and gearing up for a steep fall. Furthermore, the LINK crypto experienced a 0.42% fall in the last 24 hours, and was trading at $14.88 at press time.
The LINK crypto has shown a sign of a steep fall as the price faced strong resistance, preventing it from surpassing the $17 level on the chart. Therefore, if the price doesn’t sustain the immediate level, then the fall is imminent and it could slip to $11.
However, if the demand for the LINK rises, the asset price could bounce back from the current level inside the lower band as well. Then the next goal for the LINK price could be to reach $20.
LINKUSD
it's time to going up for LINKUSDTbefore buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!!
(in every target you want, closed the position but our target is the third one)
*Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management*
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if you want to enter in this position:
Enter Price: here
Target1: 14.460
Target2: 15.198
Target3(Final Target): 15.956
Stoploss: 13.550
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Link Intraday 4H, Elliott wave countAfter completed 5 waves up, we are looking lower against 6.507, to complete an ABC correction, wave (2), with possible targets 0.5-0.618 fib retracement.
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Future updates will be posted as updates to this count.
Daily intraday updates on 1H and 4H time frame, don`t miss them!!
Good luck!
LINKUSD (W1): Buy stop at 1.68 for this year!COINBASE:LINKUSD LINKUSD (W1) shows positive signals.
With signs of slight correction after a strong price increase. We can expect a return and stronger growth of Chainlink coin.
Specifically, the signs are shown as follows:
The level of price increase is fast and strong: Increases nearly 200% after 12 candles or 84 days
Volume increases when price is pushed up: Volume is above the 50-session average when price increases sharply
Weak bearish correction: Price is always greater than the Fibonacci retracement level 0.382
So, let's set up a buy order when the price reaches 16.8.
Stop loss at 13.5 and wait to see how far the market will take this currency exchange rate.
Merry Christmas!
LINK POTENTIAL GOES UP TO $26 TO $34 After Long AccumulationLink includes the DeFi coin category which I think will rise in 2024.
There is a high probability that soon, this LINK will break out of the markdown structure.
LINK is observed to have accumulated for almost a year. The coin has been quite stable in recent months.
At this time it tends to move slowly. It is suspected that there is an accumulation phase at each stage before the high rise.
The predicted increase is in the first quarter and third quarter of this year.
So start again up-trend(LINK)❤️❤️Thanks for boosting 🚀 and supporting us!
📈Back to again start . Startes .
📊 (Entry) : 14.86
🔴 Stop Loss : 14.17
🎯 Take Profit : 15.47-15.95-16.70-17.30
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👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
LINK - Wyckoff Reaccumulation Schematic#LINK
Link is following a texbook Wyckoff Reaccumulation Schematic as seen in one from an ETH chart on the left, which includes an Elliott's Wave ABC then another, once liquidity has been grabbed on the 3rd pop up.
* Note there is usually a variance between the schematic images when compared to real time Cryptoland due to what I assume is high leverage stop hunting.
Link headed up?!If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
BIST:LINK update. 🧵
Followed the path on the left and bounced
close to the level provided.
Now we get to find out what it is.
PTT and W5 MLT for the conservative bull count.
Falling back from here, could lean X/B complete...
But, hope it keeps climbing.
LINK/USD Main trend. Wedge. 53$ - 5,3$ = -90%Basic tendency. Logarithm. The time interval is 1 week.
A clear downward wedge was formed in the pair to the dollar. Pay attention that the maximum is $53, and the minimum is $5.3. It is interesting that it is exactly -90%. This makes it clear that the price is completely "manageable."
A line chart to understand the direction of the trend and the wedge.
Secondary trend.
LINK/USDT Secondary trend. Downward wedge.
Alts should be looked at starting at -90%.
But I want to remind you that -96% is also -60% of -90%.
It's the average set and reset price that matters, but this logic should always be kept in mind. Averaging, this is not buying "cheap", but buying in potential trend reversal zone, if past buying turned out to be wrong (very relevant for those who work with large amounts and keep most of their cryptocurrency on wallets).
You have bitcoins and you don't want to sell most of them for any money, neither cheap nor expensive? Then HYIP, a cryptocurrency, is designed to take them away from you!
Then, after a few cycles of hype around another promising crypto-monet, former bitcoin holders will be collecting satoshis and remembering, "I used to have a lot of bitcoins... But I wanted to get rich so badly that I lost them all...". With each coin prospect and with each jump in the market cycle, my balance decreased, and now I have pennies compared to my former numbers...
Illusory money prospects and trivial greed can deceive you. With these two components of the market, you have to stay at arm's length.
LINK/USDT Secondary trend. Downward wedge.Logarithm. Secondary trend. Downward wedge.
A clear downward wedge was formed in the pair to the dollar. In case of its breakage, I showed the maximum potential.
Note that the maximum is $53, and the minimum is $5.3 Interestingly done, that is exactly -90%. This makes it clear that the price is completely "manageable. People do not influence the price, they are directed to form the desired price.
A line chart to illustrate the key pivot zones.
Alts should be looked at starting at -90% .
But I want to remind you that -96% is also -60% of -90%.
It's the average set and reset price that matters, but this logic should always be kept in mind. Averaging, this is not buying "cheap", but buying in potential trend reversal zone, if past buying turned out to be wrong (very relevant for those who work with large amounts and keep most of their cryptocurrency on wallets).
The main trend. Time frame 1 week.
LINK/USD Main trend. Wedge. 53$ - 5,3$ = -90%
LINK - The Stair Step + Double Bounce#LINK
After a beautiful ABC correction after an Impulse wave #Link has taken multiple shots and cracked up through resistance and is now coiling up and stair stepping on top of support.
When PA is as clean as this, with volume in all the right places. Yes there is incredible potential for clean gains, but more than that it's a spectacular example to learn from IMO.
Such a beautiful illustration of how support & resistance work. I hope this helps provide a lens through the noise of PA so you can truly appreciate what's taking place in plain sight and hopefully also how to use this as a map for future gains.
I Cannot Short This !!! situation+next targets.LINKUSDT is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .The break out needed for increasing further has not happened but it should happen pretty soon.
🤑Stay awesome my friends.
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LINK - Gearing up for MASSIVE GainsHi Traders, Investors and Speculators of Charts📈📉
For a while now, LINK has been trading in a very clear accumulation phase. This is the zone we see after a bearish cycle and BEFORE a new bullish cycle.
Chainlink can be very "wicky", and often the price will go JUST UNDER/OVER the resistance zone, or JUST UNDER/OVER the support zone. This makes it hard to give precise entry points. Working within ranges and choosing the lower part of the range is the safest best to protect against those ugly wicks.
Here are some easy setups that guarantee profits during the next bullish cycle - but you will have to have packed-bags in order to bag-in on profits!
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CryptoCheck
COINBASE:LINKUSD BINANCE:LINKUSDT
LINKUSD: Two buy entries for a 28.850 target.Chainlink is bear the 1D MA50, a support level that has been intact since September 18th (almost three months). Despite the strong pullback, the 1D technical outlook is only neutral (RSI = 46.740, MACD = 0.490, ADX = 23.241), suggesting that the trend remains bullish and rightfully so as the pattern since the September lows is a Channel Up. That emerged after the longer than 1 year accumulation phase ended.
There is an interesting symmetry so far with the Channel Down (March-May 2022) that led to that accumulation and if it holds, then we might see the 1D MA50 break and the price entering the Symmetric S1 Zone. That will be our 2nd and final long entry. In both cases, we are targeting the R2 level (TP = 28.8500).
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TWO entry (LINK)❤️❤️Thanks for boosting 🚀 and supporting us!
📈
1- I if break resistance = Entry trigger or buy stop.
2- back to break trendline = limit buy.
🔗 For more communication with us, In the footnote and send a message in TradingView.
👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.