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Linkusdsignals

Chainlink - big wedge, huge possibilities 🧨🧨A wedge structure has formed on the ChainLink chart, the price has broken through it and is now trading along the upper boundary. I expect that Link can correct even lower, collect liquidity to buy in the area marked below, and already from there to go up! Write in the comments all your questions and instrument 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
4
Adam & Eve Double BottomsAdam & Eve Double Bottoms: Bull Market Results Overall performance rank (1 is best): 17 out of 39 Break even failure rate: 12% Average rise: 43% Throwback rate: 67% Percentage meeting price target: 69% The double bottom confirms as a true double bottom once price closes above the peak between the two valleys. See the figure to the right. Without confirmation you do not have an Adam & Eve double bottom, just squiggles on a chart. Source: (thepatternsite)
Long
by Crypt0_Ninja
Chainlink (LINK) - 4h. The target of $40-41 remains relevantThe breakdown of the downward consolidation triangle in the BTC market certainly affected the entire crypto market. However, does this fact mean that a new wave of decline has begun and the cryptocurrency market is facing a new phase of depression? Looking at the LINK price , we can see that buyers have managed to maintain the liquid range that we wrote about in the previous idea: As you can see, the LINKUSDT price has already bounced twice from the liquid range of $22-24. In addition, sellers have already tested this range at low volumes twice. These facts give us information that: - consolidation on the LINKUSD market is not complete - a new local wave of growth should be expected with the target of $30-31. However, if you look at the LINKBTC price chart, you can see a great growth prospect: Please note that sellers do not try to push the price down at all on the 3-day timeframe. This is clearly seen in the low trading volumes. Given Chainlink's low selling interest and buyers' control of important price zones, the range of $30-31 will be the first target for buyers. The global target is at $40 ____________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
24
Link, ChainLink - breakout pattern. Look where is entry point👇Price formed a clear triangle. In that case, sure, is 2 variants: 1. Breaking the resistance line, retest, and going up 2. Breakout of the support line, retest and move down Based on what is the background of the whole market now. I think it's more likely for the first option to be realized. As always, with stop-loss. Write in the comments all your questions and instrument analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
Long
by Yuriy_Bishko
10
Link will rise higher. Give it some more days!Hey guys, today we are taking a look into Chainlink. First you must admit, if you follow some traders on twitter; #chain has a verry strong and loyal community. A lot of traders are looking for the 50$ range as an emotional target. What does the chart say? Currently we are at my MA resistance and also we have bullish crossing buy signal on my MACD. I would wait for a retest, bc of the clear resistance at the moment and the gains from the last days. We are unsure about the next big market move, so be prepared with more then one buy orders. --- Follow me for daily updates :)
Long
by wallet_trading
LINK - 1D. We expect a retest of the range of $22-24We haven't updated our thoughts on the LINK coin for a long time. Our last idea for the scenario of a local fall worked, but it was a short-term target: However, after that, the LINK market was waiting for a powerful collapse, during which the price hit the mark of $15 . The reason for such a powerful fall was two massive liquid zones, in which there were a large number of buyers stop orders . The first powerful impulse for the fall occurred after the breakout of the white trend line of buyers: Buyers held this trend line from January 2021 and confidently defended it 4 times. The loss of control over the white trendline of buyers triggered a wave of decline in the important price range for LINKUSD $22-24. The importance of this range was noticeable back in January 2021: Before the test of this range in January, buyers found it difficult as the resistance increased significantly. This is noticeable in terms of trading volumes. However, just below this range was the second liquid zone of buyers' stop orders. Having touched it, the LINK price made another wave of decline, which tested the mark of $15 . The positive thing in this situation is that in a few days the buyers managed to significantly rehabilitate themselves and raise the price by 100%. Thus, the price of LINKUSDT is now trading in the range of the previous all-time high of $32-35. On May 20, sellers managed to keep this range and this became the reason for the continuation of the fall. For a confident continuation of the LINK price growth with a target of $42 , we will expect a retest of the range of $22-24 . If the local fall wave passes without much aggression, then we will gladly buy LINK from this range. This scenario is confirmed by the LINKBTC chart: The chart shows that buyers have kept the price of LINKBTC within the channel and the prospect of continued growth is quite high. However, without price fixing above the liquid range, we would not be in a hurry to buy Chainlink.
by P_S_trade
44
LINK - 6h. The target of $50 becomes real again!The LINK market reacted quite confidently to the recent outburst of BTCUSDT during February 22-23. In fact, from April 14, the BTC market began a local downward trend . During this time, BTC sellers managed to update local minimums 3 times: April 17 and April 23. However, if on April 17 the LINKUSDT market felt strong turbulence, then on April 23 Chainlink buyers did not allow the price to renew the previous local low of $28.8: In the chart, we can see that LINK looked much stronger in the last week of trading than BTC. Given the steady decline in the dominance and influence of BTC on the cryptocurrency market, this fact is understandable. In our previous global idea, we had two main scenarios for the LINK price movement. Taking into account the behavior of buyers during the recent events in the crypto market, we can conclude that the white scenario (the scenario of the continuation of the LINK price growth to $50 ) is more likely: The critical point of this scenario is in the range of $31.4-32.6. Having lost this range, buyers will also lose the local trend line. In this case, buyers will be forced to retreat to the range of $24-25. At the moment, the price is trying to gain a foothold above the range of $34-35. It is the confident consolidation above this range that will give buyers confidence to continue the growth of the LINKUSD price and test $50 . Given the high probability of another local fall wave in the BTC market, we are in no hurry to buy LINK now. Moreover, after a few days, the monthly candle closes. And at a time like this, there are always surprises. ____________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
20
Link, ChainLink - 2 entry points. Look where...The first, I wanna congratulate everyone who opened position at 35$ and earned more than 25%. I gave this idea on April 29. The second, now I see 2 entry points for u. If price continue dropping, It will be a good entry near to the key level with small SL. And on other hand, if price starts squeezing near to resistance line, it will be great breakout pattern to buy. Set alerts and wait for your moment. And don't forget about using stop-loss. 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
by Yuriy_Bishko
8