$LINKUSDT: Breakout Alert!BINANCE:LINKUSDT is currently forming a symmetrical triangle pattern on the chart, indicating a potential breakout. After an extended consolidation phase, the price action suggests that LINK may be on the verge of a significant move. Traders should monitor key resistance and support levels as the price approaches the apex of the triangle. A confirmed breakout above resistance could signal a strong upward trend, particularly if it is accompanied by increased volume.
This setup presents an exciting opportunity for traders, as a decisive break could ignite a substantial upward movement. With the potential for a powerful rally after a lengthy period of consolidation, now is the time to stay alert for breakout signals. Always conduct your own research and consider your risk tolerance before making trading decisions.
BINANCE:LINKUSDT Currently trading at $12
Buy level: Above $12
Stop loss: Below $10.5
TP1: $13
TP2: $15
TP3: $19
TP4: $22
Max Leverage 3x
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Linkusdlong
Long position on LINKUSDT 49Min/ Volume PredictionBINANCE:LINKUSDT
COINBASE:LINKUSD
High-risk status: 4x-5x Leverage
Mid-risk status: 3xLeverage
Low-risk status: 2x Leverage
⚡️TP:
13.72
13.85
13.95
14.09
14.23
14.34(In Optimistic Scenario)
➡️SL:
13.28
13.07
12.85
The Alternate scenario:
If the price stabilize below the trigger zone, the setup will be cancelled.
#LINK/USDT#LINK
The price is moving in a cross channel pattern 1 D frame
It is expected that this channel will be penetrated upward with stability above the Moving Average 100
We have strong support to rely on at the borders of the lower channel
Also we have oversold on MACD
Current price 15.74
First goal 16.79
The third goal 18.29
Third goal 19.89
LINK POTENTIAL GOES UP TO $26 TO $34 After Long AccumulationLink includes the DeFi coin category which I think will rise in 2024.
There is a high probability that soon, this LINK will break out of the markdown structure.
LINK is observed to have accumulated for almost a year. The coin has been quite stable in recent months.
At this time it tends to move slowly. It is suspected that there is an accumulation phase at each stage before the high rise.
The predicted increase is in the first quarter and third quarter of this year.
Link Try & Try, One Day you can Fly !!! After successfully breaking & retesting the 28$ - 29$ area, Link is trying hard to break the 33.5$ resistance. Link tried to break this resistance twice previously but failed. If it could break the resistance link might fly & will touch new ATH soon. Wait for a clear breakout with a good volume for entering the trades.
#chainlink #link still on track for $53As previous posted about this idea.
I am not entering any trades here, just showing link is on track for $53.
Link broke out of a 40 day accumulation range.
THE REACCUMULATION PHASE FOR LINK - ( Link Marines Assemblle)
After Making New Highs, we can see think has had a nice pullback and is now being Reaccumulated.
Link is Currently in the LPS stages of reaccumulating After a Fake Breakout, and over extending back into the accumulation range.
After 40 days of being accumulated again, link is in its final stages of this phase.
It also retested the 0.618% Fib and over extended.
I have a target of $52 for this next push for link.
Stop Losses Below $28.50 the current swing low for anyone leveraging.
LINK Gives "The" Signal!Over the last few weeks, we've seen several large-cap Altcoins start to make large moves. ChainLink breaking its all-time high is typically a good sign we "might" see the rest of the Alts come to life over the next few weeks, "IF!" Link can close above $19.25 by the weekly close. In the past few market cycles, LINK has made anywhere from 200% - 300% rallies after closing a weekly candle above the previous high. The Bitcoin dominance chart is showing signs of weakness, which compliments the thought of an Altcoin rally. Let's see how things play out
Link targets $40 by the end of the monthThe chart suggests that link may need to undergo a minor correction towards the $25 - $26 mark within the pennant. Thereafter the coin may look to $40 - $41 or possibly much higher if altcoin season starts to cause large inflows into the lower market cap coins.
The problem with coins like Link is that they can bounce really high very unexpectedly due to the fact that they have a relatively small market cap which allows it to double in 2-4 days. Its unlikely to see that happen in BTC with its current market cap.
I don't fully understand the technology behind Link, however, i understand enough to know that it has a big future due to its utility.
Long-term price prediction for Link?
I have no idea but i don't think that its unreasonable to expect a 4X - 6x rise in price and hopefully a lot more within the next 12 -18 months.
I own Link in my speculative portfolio (one of the smaller positions) and i intend on holding it for a long period of time. Its not the price that matters, its the potential utility.
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Please note that cryptocurrencies are speculative assets which carry a very high degree of risk and any speculation in such assets can result in a complete loss of capital. This idea is shared for educational purposes only and should not result in speculative decisions in any digital asset.