I Cannot Short This !!! situation+next targets.The price is within a wedge that can potentially raise the price in the medium term if the wedge is broken. Currently, the price is experiencing a volume shortage due to Bitcoin, which may cause it to drop slightly and then rise to the trend line.
Give me some energy !!
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
LINKUSDT
LINK on the Brink: Is a Deeper Dive Coming?Yello, Paradisers! Are we about to see #LINK take a nosedive? The once-reliable November ascending support is showing cracks, and an ominous inverse head-and-shoulders pattern is now on the radar. Could this signal a deeper correction on the horizon?
💎#LINKUSDT is at a critical juncture as the price inches closer to the $19.80 neckline support. If this crucial level breaks, it could trigger a deeper correction, aligning perfectly with the inverse head-and-shoulders pattern target. A breakdown would likely send LINK tumbling into the $17.35–$16.60 range—a zone of strong support that could ignite significant short-covering activity.
💎While this area has the potential to act as a solid bottom, but make no mistake—if the bulls want this region to act as a solid bottom, they’ll need to bring their A-game with a prolonged consolidation effort to soak up the remaining selling pressure.
💎On the flip side, resistance is mounting. LINK faces immediate resistance at $22.00, a level that recently flipped from support to resistance. However, the real challenge lies further up at the $27–$28 zone—a stronghold that continues to keep the bulls in check and make their task increasingly daunting.
Patience and discipline are key here, Paradisers. The market often tests both bulls and bears before making decisive moves, so stay vigilant.
MyCryptoParadise
iFeel the success🌴
#LINK/USDT#LINK
The price is moving in a descending channel on the 1-hour frame and is expected to continue upwards
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 18.70
Entry price 20.33
First target 21.63
Second target 23.13
Third target 24.70
Phemex Analysis #52: How to Trade LINK like a ProIn the world of cryptocurrencies, every token has a story, and Chainlink ( PHEMEX:LINKUSDT.P ) is no exception. Since its launch in 2017, LINK has established itself as a leader in decentralized oracles, bridging the gap between blockchain technology and real-world data. But what truly captivates traders is LINK’s price journey—a rollercoaster ride filled with opportunities and challenges.
If you’ve been following our analysis, you might recall our deep dive into Cardano (ADA) last week. ADA had its own impressive run during the November 2024 bull market, but this week, we shift our focus to LINK. Like ADA, LINK also experienced a massive surge during the bull run, climbing from $10.245 on November 5th to an impressive $30.954 by December 13th—a staggering 302% rally that left investors euphoric. However, the tide turned, and LINK tumbled to $17.804, a 42% drop from its peak.
Now, with the price hovering in this range, the question on everyone’s mind is: What’s next for LINK? Is it time to buy the dip, or should traders prepare for more turbulence? Let’s explore three possible scenarios for LINK’s price movement and uncover some Pro Tips along the way.
Scenario 1: Continued Bearish Momentum
Picture this: The crypto market remains under pressure, weighed down by bearish sentiment. LINK struggles to reclaim higher levels and forms a lower high—failing to break above $24.79 in the coming days. Then, the unthinkable happens: LINK breaks below its crucial $17.5 support level with heavy selling volume. The price plunges further, testing key support zones at $16.1, $13, or even as low as $10.2.
For traders, this scenario might feel like walking through a storm, but opportunities often hide in chaos.
Pro Tips:
•If you’re daring and willing to take on higher risk, consider entering at $16.1 for potential upside—but be prepared for more downside.
•For those seeking balance between risk and reward, $13 might be your sweet spot.
•If you’re cautious and prefer minimizing risk, wait for $10.2—a level that offers a safer entry point but comes with the risk of missing out if the dip doesn’t go that deep.
•Want to play it smart? Use scaled orders to spread your entries between $16 and $13 (medium-high risk) or $13 and $10.2 (medium-low risk).
Scenario 2: A Period of Calm—Consolidation
After months of wild swings—first the November bull run and then January’s sharp drop—LINK might finally catch its breath. Imagine the price settling into a quiet rhythm, moving sideways with little fanfare. In this scenario, LINK forms a lower high (below $24.79) but drifts slowly toward the $17.5 support level with low trading volume.
For seasoned traders, this could be an opportunity to profit from the calm before the storm.
Pro Tips:
•Deploy grid trading bots to capitalize on small price fluctuations during this consolidation phase.
•If you expect prices to rebound from support levels, start long grid bots near $17.5.
•If you believe prices will struggle near resistance levels, start short grid bots near $24.79.
This period of consolidation may not be thrilling, but it offers a chance for traders to sharpen their skills and prepare for what’s next.
Scenario 3: The Bullish Breakout
Now imagine a scenario where LINK starts showing signs of life—a bullish breakout that reignites hope among traders. If this breakout happens in the next few days, it’s likely to be a quick pump-and-dump rally—a short-lived rise that fizzles out almost as quickly as it began. However, if the breakout occurs after a period of consolidation, it could signal something more meaningful: a sustained upward trend.
The key lies in timing and volume. A breakout above $24.79 with high trading volume would be the first signal that LINK is ready to climb higher. From there, traders can look toward resistance levels at $26 and $30.4 as potential profit-taking zones.
Pro Tips:
•If the breakout occurs after consolidation, it’s more likely to be sustained—watch for high volume as confirmation.
•Consider going long once LINK breaks above $24.79 and aim for profit targets around $26 and $30.4.
•Stay cautious if the breakout happens too quickly without consolidation—it could be a short-term pump with limited follow-through.
This scenario is all about patience and precision. Waiting for consolidation before entering can help traders avoid false breakouts and position themselves for a potentially rewarding move upward.
Conclusion
Trading LINK isn’t just about numbers; it’s about understanding its narrative within the broader market context—and learning from similar tokens like ADA can provide valuable insight into how markets behave under similar conditions.
Whether it’s navigating bearish waters like Scenario 1, profiting during periods of calm consolidation like Scenario 2, or riding bullish waves like Scenario 3—each scenario offers unique opportunities for those who are prepared.
As you chart your course with LINK (and keep an eye on ADA), remember that every trade tells a story—and yours can be one of success if you stay disciplined, manage your risks wisely, and adapt to changing market conditions. So gear up and trade LINK like a pro—because every great trader knows that fortune favors the bold but rewards the prepared!
Final Tips:
Take your trading to the next level with Coin-M perpetual contracts, where you can use your ADA or LINK as collateral to trade and accumulate more tokens along the way. Phemex will list Coin-M perpetual contracts for ADA, LINK, AVAX, and SUI on January 16th. Don’t miss it—check it out!
Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
LINK/USDT at Critical Support: Will the Bears Take Over?LINK/USDT is currently trading just above the key marked support zone and has faced rejection twice from the falling trendline.
If the price fails to hold this support, further downside continuation is likely.
Stay tuned for more updates!
DYOR, NFA
TradeCityPro | LINK: Key Support and Resistance Analysis👋 Welcome to TradeCity Pro!
In this analysis, I will review the LINK token. Chainlink is one of the notable Web3 projects in crypto and ranks 14th in terms of Total Value Locked (TVL).
⏳ 4-Hour Timeframe: Break Below the Range?
In this timeframe, after the price reached the ceiling at $30.51, lower highs were recorded, and the price repeatedly tested the $19.98 support. Currently, the price has managed to close below this level on the 4-hour timeframe.
🔍 If the price establishes a lower high and a lower low below $19.98, it will confirm a trend reversal for this token. In this scenario, the price could potentially drop to $16.35. Breaking below 24.87 on RSI and continuing the increasing bearish volume could result in a sharp decline to the $16.35 zone. If this level is broken, the next support will be at $14.08.
📰 The current decline was primarily triggered by positive news for the US dollar a few days ago, which significantly impacted the market, leading to notable drops in many altcoins. If we consider this news to have only a short-term effect, there is a possibility that altcoins might fake out their support levels. Therefore, it’s advisable to identify a long trigger as well.
📈 If the $19.98 support proves to be a fakeout, a position could be opened based on the structure formed in lower timeframes. For the main long trigger, the first level to watch is a break above $25.45, which is the initial trigger. The next trigger is $30.51, the current ceiling of this trend.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
BTCUSDT H4 : New Roadmap for BITCOIN Hello, Have good day.
After the big news from the US Federal Reserve last night, we saw a relatively sharp decline. I expect this kind of movement in the future.
SecondChanceCrypto
⏰ 8/Jan /25
⛔️DYOR
Always do your research.
If you have any questions, you can write them in the comments below and I will answer them.
And please don't forget to support this idea with your likes and comments.
Chainlink ($LINK) Dips 10% Amid Ripple PartnershipA Game-Changing Partnership
Chainlink ( CRYPTOCAP:LINK ), known for its role as a blockchain abstraction layer enabling universally connected smart contracts, recently announced a groundbreaking partnership with Ripple. The collaboration aims to integrate Ripple’s RLUSD stablecoin into Chainlink’s decentralized oracle network, boosting its utility across decentralized finance (DeFi) ecosystems.
Launched last year, RLUSD has been making waves in the stablecoin market, with Ripple positioning it as a competitive alternative in the space. The integration with Chainlink will bring RLUSD into Chainlink’s price feed system, enabling secure, real-time transactions on both Ethereum and XRP ledgers.
Jack McDonald, Ripple’s SVP, emphasized the importance of trusted data for maintaining stability in DeFi. “By leveraging the Chainlink standard, we bring trusted data on-chain, further strengthening RLUSD’s utility across institutional and decentralized applications,” he stated.
Chainlink’s Chief Business Officer, Johann Eid, highlighted that the partnership is a strategic move to accelerate RLUSD adoption. By providing reliable on-chain data, the collaboration sets the stage for RLUSD to scale seamlessly within the DeFi space.
Technical Analysis
Despite the positive news, CRYPTOCAP:LINK saw a sharp 10% decline, with the asset currently trading at oversold levels. The Relative Strength Index (RSI) sits at 25, indicating significant overselling pressure. This presents a dual narrative: while the dip may raise concerns, it also offers a potential buying opportunity for traders and investors.
The 1-month low axis serves as an immediate support level. Should this level hold, it could act as a strong barrier against further selling pressure, potentially catalyzing a reversal. A break above the 38.2% Fibonacci pivot point would confirm a bullish recovery, driven by renewed optimism around the Ripple partnership.
Market Sentiment and Outlook
The partnership between Chainlink and Ripple has the potential to redefine stablecoin utility within DeFi ecosystems. With RLUSD poised for broader adoption and Chainlink’s proven track record in delivering secure oracle solutions, the collaboration is a win-win for both platforms.
The recent dip in CRYPTOCAP:LINK may be a temporary market reaction, as fundamentals remain strong. Investors should monitor key technical levels and capitalize on the oversold conditions to position themselves for a potential rebound.
Conclusion
Chainlink’s ( CRYPTOCAP:LINK ) dip, despite its promising partnership with Ripple, underscores the market's volatility. However, the long-term prospects of this collaboration point to a significant boost in utility for RLUSD and an enhanced DeFi ecosystem. For investors, the current oversold conditions could present an ideal entry point as CRYPTOCAP:LINK gears up for a potential rebound.
Chainlink: A New Opportunity with Reversal Trend📈 Chainlink has recently formed a "Head and Shoulders" pattern, but it hasn't played out as expected. It appears to be a liquidity grab, with the market moving in the opposite direction. This reversal could present a great entry point to capitalize on the upcoming bullish trend! 🌟
📌 Entry Point: $24
📉 Stop Loss: $19.5
🎯 Target Profit: $40
🔍 Based on current analysis, these levels suggest a strong short-term bullish move. Given the market dynamics and the reversal after the failed pattern, you can enter this opportunity with more confidence. 🚀
linkusdt buy"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
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Chainlink is getting ready to moveChainlink (LINKBTC) chart has a good long set up. I'll be accumulating at and below 0.00023 level. My first TP target is at 0.00028 level.
However, I will probably see the price action then and decide I think a better TP1 is at 0.0003472 level as shown on the chart.
This is a daily chart so it will take some time to play out.
As usual, not a financial advice. DYOR.
LINKUSDT Breakout Alert: Bullish Momentum Above 50 EMA!BINANCE:LINKUSDT Breakout Alert: Bullish Momentum Above 50 EMA!
After multiple tests of the support zone, BINANCE:LINKUSDT has finally bounced off and broken out of its descending trendline, signaling a potential strong uptrend. With the price now holding above the 50 EMA, bullish momentum is evident, and the market may be gearing up for a significant move higher. Traders should consider entering on a pullback while targeting key resistance levels. As always, proper risk management is crucial—set your stop-loss below the support zone and align your position size with your risk tolerance to stay on the safe side.
BINANCE:LINKUSDT Currently trading at $22.5
Buy level: Above $22
Stop loss: Below $19
Target : $40
Max Leverage 3x
Always keep Stop loss
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LINK/USDT 1D chart review Hello everyone, let's look at the 1D LINK to USDT chart, in this situation we can see how the price is moving in the local downward trend channel which we are currently fighting to go up.
Let's start, however, by defining the goals for the near future that the price must face:
T1 = $22.29
T2 = $23.98
T3 = $26.65
T4 = $28.54
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $19.65
SL2 = $16.58
SL3 = $14.54
SL4 = $12.73
I Cannot Short This !!! situation+next targets.Technically, the cup and handle pattern has broken, which indicates a price increase. The price can easily reach the target goals.. If we measure the AB range, which is $17.5 , and if the breakout is confirmed, we can say that the price will easily grow $37 equal to CD.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
LINKUSDT: Bullish Setup or Breakdown Ahead?Yello, Paradisers! Could this head & shoulders structure spell trouble for LINKUSDT? Or is the market setting up for a bullish reversal?
💎LINKUSDT appears to be showing signs of a retracement due to its head and shoulders pattern. If the price retraces to the identified support zone and presents a bullish I-CHoCH, W-pattern, or inverse head and shoulders on lower timeframes, the probability of a significant bullish move increases.
💎However, if the price drops further to sweep below the current zone (inducement), it’s prudent to wait for confirmation at the strong support zone. Although reaching this level might seem unlikely, if the price does drop, it would strengthen the likelihood of a bullish rebound. In this case, watch for bullish patterns such as I-CHoCH, W-patterns, or inverse head and shoulders to form before taking any action.
💎On the flip side, if a breakdown occurs and the candle closes below the strong support zone, this would invalidate our bullish outlook. In such a scenario, patience will be key—waiting for better price action and clearer market structure before considering the next move.
🎖 As always, the disciplined and patient approach wins in this market. Stick to the plan, follow the confirmations, and trade smart, Paradisers!
MyCryptoParadise
iFeel the success🌴
Chainlink Analysis: Key Patterns and Downside Risks 2024.12.29Hello, this is Greedy All-Day.
Today’s analysis focuses on Chainlink (LINK).
Weekly Chart Analysis
Looking at the weekly chart, Chainlink recently broke above the long-term resistance trendline in the green box, pushing past the previous resistance level at $21.
However, the price has now entered a corrective phase, potentially retesting the trendline.
Chainlink has dropped approximately 30% from its 2024 high.
Daily Chart Analysis
On the daily chart, the short-term ascending trendline was broken some time ago. After a retest, the price appears to have resumed its corrective trend.
A key concern here is the development of a Head & Shoulders (H&S) pattern, with the neckline break being the final confirmation for further downside.
Neckline and Entry Considerations
The H&S neckline is marked with the green trendline.
For conservative entries, I recommend waiting for the price to fall below the 60 EMA on the daily chart before entering.
Targets:
The first target is the demand zone in the blue box, specifically at the $16 level.
If $16 breaks, it would signal the end of the bullish phase, with further downside likely.
The H&S pattern target suggests a potential drop to $9.
Volume Analysis
The volume supports the completion of the H&S pattern, showing a gradual decline in buying pressure.
This weakening buying momentum increases the probability of further declines if the neckline is broken.
Conclusion
Chainlink has shown strength in breaking the long-term resistance trendline, but the recent corrective phase raises concerns:
Weakening buying pressure during the decline suggests the potential for further downside.
If the current level fails to hold, Chainlink may enter the Ichimoku Cloud, signaling a trend reversal and opening the door for a 50% decline from current levels.
Recommendation:
For now, I recommend observing the market rather than taking new long positions. Waiting for confirmation of support or a significant breakout is the safer approach.
Let’s trade smart and stay ahead of the market. 🚀
LINK ANALYSIS🚀#LINK Analysis : Pattern Formation
🔮As we can see in the chart of #LINK that there is a formation Head And Shoulder Pattern and it's a bearish pattern. If the candle closes belowthe neckline then we would see a little dump in #LINK otherwise it will go rise according to the market 📊
🔰Current Price: $21.80
⚡️What to do ?
👀Keep an eye on #LINK price action. We can trade according to the chart and make some profits⚡️⚡️
#LINK #Breakdown #Cryptocurrency #TechnicalAnalysis #DYOR