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LINKUSDT(Waiting for the Ascending chanel Breakout in day chart) LINKUSDT (1 DAY CHART) Technical Analysis Update Wait for the Ascending Channel Breakout LINK/USDT currently trading at $12.20 SHORT Entry level: only enter short if the day candle closed below the support line. STOP LOSS: I will update once I see the Breakout Support level 1 (Target 1) : $9.85 Support level 2 (Target 2) : $7.50 Max Leverage: 3X ALWAYS KEEP STOP LOSS... Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and comment on your thoughts.
Short
by GreenCryptoTrades
2
LINK 12h What is more likely $15 or $8.80?Let's start with the fact that the previous idea started working out just a few hours after publication. Also, the current situation on LINK fits into our global idea , which is already 3 months from the publication date. Having reached the targets near $11, the LINK price began to bounce. After testing for strength $14.8 first, buyers stopped. However, a new buyers' attempt to attack gave worse results. From 4 to 6 December, buyers had enough strength to test $13.5. Of course, if BTC breaks the consolidation up now, LINK may join. But there is a doubt that the price after fixing above $13.50 will be able to grow above $15. It is more likely that the price will lower below $12.30 and drop out of the channel. And when this happens, the first level from which a strong corrective bounce can be expected will be $8.80. _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
6
LINK is looking like it's ready for take-off before XmasNot too much to say since the chart speaks for itself. If Chainlink manages to stay inside the current fib channel, we could reach anywhere from 100% to 200% gains before Christmas. I'm long again since $12.25 and plan to stay that way for at least the next three weeks. PS - I'm new to TradingView and publishing my TA publicly, so let me know if you see something I don't or if you have any comments or suggestions. Thanks! -Juice
Long
by kjuice24
LINK Looking A Little Bearish (Short Term)My Fellow Crypto Traders, Appreciate you taking the time to view my analysis in which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing. Cheers & Happy Trading! ---------------------------------------------------------------------------------------------------------------------------------------------------- ANALYSIS: It seems that LINK Marines and their longs are hitting a relatively strong resistance level , in which LINK has failed to penetrate through this level. Moreover, w/ the market sentiment signaling greed, it would not surprise me if we see LINK re-test lower supports as a momentum builder to go on and make higher highs. However, w/ BTC maintaining dominance w/in the market, Atls remain second fiddle. This narrative of BTC holding on to dominance for a while longer is supported by BTC's money velocity chart showing lower lows, signaling people are holding BTC vs's trading. Thus w/ major institutional players buying up BTC induces these aggressive BTC moves to the upside.
BITFINEX:LINKUSDLONGS
by AB_Trading-Intelligence
Amazing call on link ...whats next targets ?Yesterday we shared with you this idea about link that it was looking bearish in both usdt and btc pairs see here : Price broke the trendline support and fall from rising wedge as expected As long as price cant get close by daily candel above 10.74$ -10.8$ (0.5 fibonacci level) (Also this level is the trendline support breakdown level) We can see next target easy Potential next targets to be reached : Target 1 : around 8.5$ ( 0.618 fibonacci level ) Target 2 : around 7.3$ ( was recent low for link ) Target 3 : around 5.5$-5.3$ ( 0.786 fibonacci level ) For investor this areas is a good ones to accumulate partially before next bull run in link Link was and still one of my favorite coins Long term is bullish Please like and subscribe for more idea if you see it helpfull
Short
by Babenski
LINKUSDT POSISBLE SCENARIOON 1D CHART I SEE AN UPTREND , I HAVE 3 HH AND 3 HL, IN THIS MOMENT I THINK I CAN GO WITH NEXT IMPULSE MOVE. I HAVE A 4H CHART ENTRY BASED ON A HAMMER CANDLE AT THE BOTTOM OF THE CORRECTION (AT LEAST I THINK SO, A TRADER WORK'S WITH PROBABILITIES), CLOSED ABOVE SUPORT AND ABOVE TREND LINE . WITH ALL THIS INFO I DECIDED TO TAKE A LONG POSITION, WITH A 1:4 RR AND I PLACED MY STOP LOSS UNDER SUPORT AND UNDER TREND LINE SO PRICE CAN BREED :) I THINK I HAVE 2 KEY AREAS THAT WILL HOLD PRICE IN AN UP DIRECTION AT LEAST UNTILL THE NEXT SRESISTANCE MARKED WITH RED DOTTED LINE. NOT FINANCIAL ADVICE , JUST MY OPINION. LET THE SHOW BEGIN ;)
Long
by Chartupgrade
2
LINKUSDTLINKUSDT LONG-TERM CHART Cir. Supply - 389,509,556 LINK Total Supply - 1,000,000,000 LINK Market Cap - $4,514,189,423 ($4.5 Billion) Scenario 1: - Watch out for the Whales DUMP #Link has been showing minor breakouts in past few week but none looks sustainable and solid. I now therefore expect ChainLink to return to $1.50 to $1.65 Billion Market cap. If Link breaks our channel marked here then it is a sign of its down trend.a I believe during Nov 2020 - March 2021 whales normally takes their profits and Would be happy to bet all in at $4.2 - $4.5 level. Which is a major support and was its breakout point. Scenario 2: - BTC forms a flag here and then comes PUMP Link has been reacting positively to BTC rise since long. As, more money in BTC means more money for LINK or BNB or ETH platform. Thus, If BTC continues to surprise us and breaks 13,500 resistance then there is no reason for Link to be bearish. Just as ETH or BNB it will cont. to sail ahead along BTC and will hit the new ATH finding resistance around $24-$25 <> This is Not a Financial advice. Just sharing my thoughts.
by aakashbit1
1