Link level held
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!
#Link Update
Held the 13.40 level,
in at 13.57. 🧵
Been a while, but got some ups.
Taking some off up here.
Still in the sideways zone,
even with a pop of the high, could just be a b/x wave.
Careful if 16.60 pops!
15.39 is my new level of interest.
#Altcoin #Elliotwave
LINKUSDT
ChainLink Long Term StrategyLINKUSDT 3D
Hi folks,
🔸Let's take a technical look at LINK, which I have reviewed at the request of a precious friend.
🔸With the ongoing downtrend since May 2021, the product reaches its local bottom in May 2022 and begins the accumulation process.
🔸From May 2022 to October 2023, it lined up candles next to each other in the roughly 5-9 dollar region, as if dancing halay.
🔸After the accumulation process lasted for 17 months, LINK, which started to make investors smile again, got stuck at the first and strong resistance of 16.15.
🔸Our support level below is 12.16.
🔸In this technical analysis, in which I believe LINK will gain value in the new bull rally, I have conveyed to you the levels LINK can reach with Fibonacci.
🔸Especially with prices above 28.63, it will be mentioned a lot.
🔸Thank you for reading, I will make updates from time to time.
LINK/USDT Break the Ascending triangle. Ready continue upward ??💎 LINK has been a major point of interest in the market. It's currently showcasing a breakout from an Ascending Triangle pattern and is entering a retesting phase at a level that was previously resistance. Should this retest result in a bullish candle rejection or a strong bounce from the support, probability it indicates a high potential for LINK to resume its upward journey and aim for our target in the major supply area.
💎 However, if LINK fails to maintain its position above the support level during this retest, it might suggest a false breakout. Typically, such scenarios lead to a downward movement, with the next key level being the demand area located at the support trendline of the Ascending Triangle.
💎 In the demand zone, a decisive bounce is crucial. If LINK only consolidates without a significant recovery, there's a risk it could lose this crucial support zone. This could potentially lead to further downward movement, possibly taking LINK back towards the Bullish OB area.
🚀 Link Breakout: Next Target 14.44! 🎯Hey Link Traders! 🤟
We've been riding the Link wave and it's been good to us! 🏄♂️
📈 Chart Analysis: The chart is as straightforward as it gets. We've been in a channel, hitting resistance and finding support like clockwork. 🕰️
🎯 Next Target: After the recent breakout, our eyes are set on 14.44. This level is the one to watch. 👀
💰 Last Entry: We got in at 6.03 and took profits along the way. The chart has been working like a charm. 🍀
🛑 Exit Strategy: If the price dips under the new support, we'll go short. But for now, we remain long. 📊
🔥 Why Link?: It's been one of the most reliable altcoins, and we've been quite active in trading it. Chainlinks is an oracle network that allows smart contracts to interact with data from off-chain. Web 3 beauty🐝
That's it, folks! Keep an eye out for more updates. 🛰️
One Love,
The FXPROFESSOR 💙
LINK target 19.112h time frame
-
LINK is creating a triangle pattern, this might be a continuation structure for the pump from 10.5 to 16.6, which means LINK can reach higher price if break above this triangle pattern.
Also, LINK just retested 0.382 Fibonacci Projection and had support, enhancing the probability of continuation structure.
TP: 18.27~19.1
SL: 13.65
Chainlink's ($LINK) Superb Performance
Despite LINK's strong performance in recent months, the asset has been trading sideways for about three weeks. It fluctuates between local support at $13.3 and a resistance level at $15.3.
For a revival in trading activity, LINK needs to decisively break through one of these levels and establish a new threshold. Should the upward movement persist, LINK might approach the resistance area around $16.00-$16.61, with prospects of pushing towards $17 and $18.
On the flip side, if LINK descends and stabilizes below the $13.3 mark, the asset could drop to about $12.84 and even reach the support zone of $11.16-$12.05, where a substantial amount of buyer orders are situated.
LINK/USDT Ready for Bullish Rally?👀🚀 LINK Analysis💎 Paradisers, gear up for a promising trading opportunity with LINKUSDT. The asset is currently showing significant activity within the demand zone, suggesting a potential move towards an upward trend.
💎 ChainLink has been diligently following a trading channel pattern. Its recent breakout above this pattern suggests a likely rise to a resistance level, before a prompt pullback, aligning with its established trading behavior.
💎 There's a strong chance of a bullish trend starting from the support level at approximately $14.29. Having effectively broken out of the trading channel in an upward direction, LINK is setting its sights on resistance levels around $16.61.
💎 Precise timing is key for astute Paradisers. Identifying the best entry points during this upward phase is essential, and it's wise to exercise caution to avoid buying at the peak of the trend.
💎 Stay alert, as there is also a risk of LINK falling below the support level of $12.86. A breach below this vital point may cast doubt on the potential for a sustained upward trajectory.
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.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️
🔥LINK Is One Of The Strongest Altcoin: Bullish Signal Appear❓The price doesn't reach the low of the channel. As for me, the big orders are supporting the Chainlink price.
I left for you 2 entry point:
1. the bottom of the LINK channel if BTC make a pullback to $20-22k
2. test of the top of the channel as the support
The closest target are the top of the channel and $18.3 key level.
💥$3.75B cap is still can grow by 70-200% in 2-4 weeks
like❤️ and follow
Check the links and get a BONUS🎁 from me👇
LINK → Moon or Doom? This Analysis Provides Some Clear Answers.Chainlink slammed into the Resistance Zone after a beautifully executed measured move up. We're now in a minor pullback hovering just below resistance. Should we enter a trade here?
How do we trade this?
This is not the right moment to enter a trade. The price action screams bullish; A measured move up, showing support on the 30EMA, RSI around 50.00 with plenty of room to go up. But we're right at the resistance zone and without a clear signal that we're going to break out, it's too risky to long.
Likewise, we don't have a sell signal or any price action indicating that we're going to reverse. Bitcoin as a leading indicator is struggling to break its Weekly Resistance which could impact Chainlink's price action. Until we have a clear signal either way, we should remain on the sidelines. Here are a couple of potential trade ideas if the price breaks in either direction.
Trade Ideas
Long Entry : $19.12
Stop Loss: $16.92
Take Profit: $23.53
Risk/Reward Ratio: 1:2
Short Entry : $12.90
Stop Loss: $15.10
Take Profit: $8.49
Risk/Reward Ratio: 1:2
Key Takeaways
1. Measured Move Complete. Pullback in Progress.
2. Price near Resistance Zone. Wait for More Price Action.
3. Short Setup, Wait for Bear Signal Bar and Confirmation.
4. Long Setup, Wait for Break of Resistance Zone.
5. RSI near 58.00 and below Moving Average. Bias to Short.
You are solely responsible for your trades, trade at your own risk!
If you found this analysis helpful, click the Boost button and let us know what you think in the comment section below!
LINK - Bullish TriggerI'm looking for this price action - a break and consolidation above the eternal range - to confirm the beginning of a secular run. If that happens, I'll buy more.
I'm keeping in mind the fact that LINK front ran the rest of the market last time, and hoping it does the same this time, too.
LINK Chainlink Price TargetIf you haven`t bought the dip on LINK here:
Then you need to know that Binance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion.
The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"!
The question arises: from where will these substantial funds be derived?
One possible source is Binance's Proof-Of-Reserves, which reportedly exceeds 100%.
Among the tokens impacted is LINK Chainlink.
I've set a short-term price target for LINK Chainlink at $11.50.
Looking forward to read your opinion about it!
LINK is simmering - building up for LongI think Link is about to explode again. It could lead to a potential 50% gain (BTC). That match up well with how the BTC/USD chart looks like.
One idea could be to zoom in on lower timeframe and find a entry with tight stop loss. If we se a explosion, you should be in a good position for a big gain opportunity.
LINK ANALYSIS🔮 #LINK Analysis 🚀🚀
💸💸 #LINK is trading around it's demand zone from where we have seen a bullish move many times. If #LINK shows any bullish candle and closes above $14 then we will see again a bullish move.
📌Current Price -- $13.590
🔰Target Price -- $16.500
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#LINK #Cryptocurrency #DYOR
LINK ($CHAINLINK) Price Rally to ContinueWhales have been the major contributors to the Chainlink price rally. The LINK could retrace partially before a rally to $20.
Oracle service provider Chainlink (LINK) has been one of the star performers in the altcoin space while clocking nearly 90% gains just over the last month. The LINK price is currently trading around $15 levels with its market cap around $7.9 billion.
Chainlink Whale Accumulation
The 200 largest chainlink whales have added huge quantities of LIBK coins over the last two days. Reportedly, they have been accumulating even before the 100% LINK price rally began.
Revisiting October 17th, when $Chainlink traded below $7.40, the 200 largest wallets swiftly accumulated an additional 40.18M $LINK. Two days after, the asset witnessed a remarkable surge of +125% in a span of 25 days, currently stabilizing around ~$14.60. The holdings in these wallets have sustained at elevated levels ever since.
After a strong price rally earlier in November, Chainlink is witnessing some sort of volatility over the last week. In the last 24 hours, the LINK price is down by 5.09% and is currently trading around $14.30 levels.
Chainlink appears to be on the verge of breaking out from a bullish flag pattern! A potential scenario involves a retest of the breakout zone around $14, paving the way for Chainlink ( BIST:LINK ) to advance toward the $20 mark.
SWIFT Collaborate With Chainlink To Transfer Tokenized Value
Swift’s successful collaboration with Chainlink and over 12 prominent financial institutions showcased the efficient and secure transfer of tokenized value across both public and private blockchains, facilitated by CCIP.
In this collaboration, Chainlink served as an enterprise abstraction layer, securely connecting the Swift network to the Ethereum Sepolia network. Chainlink’s Cross-Chain Interoperability Protocol (CCIP) played a crucial role in ensuring complete interoperability between the source and destination blockchains.
LINKUSDTTRADE ALERT! BIST:LINK
Ticker: LINK/USDT
Entry: $14.2-14.3
Take Profit: $15-16$
Stop Loss: $13.650 (Daily Close Below this)
Risk to Reward: 1:2
Technical: Link bull flag formation.
Price is retesting the trendline support.
If we see a jump in form of green candle.
We will see link moving upside.
#cHAINLINK #Link Long-Term targets, until end of 2025#cHAINLINK #Link Long-Term targets, until end of 2025
According to Elliott's wave count indicated on the chart, the rise from 2018 to 2021 took place during a five-wave, where either wave 1 is bigger than a five-wave or wave A is bigger than a three-wave.
Considering the possibilities ahead, we can estimate the possible goals of Link until the end of 2025 as follows:
target1: 100$
target2: 200$
target3: 500$
target4: 1800$
entry: 15-10 $
stop loss: 4.55$
LINK/USDT Eyeing a Bullish Turn from Demand Zone? 👀 🚀LINK💎 Paradisers, get ready for an exciting opportunity with LINKUSDT. After a recent rejection from resistance, it's showing a fascinating pattern, indicating a strong likelihood of embarking on a bullish path from its current demand zone.
💎LINK has a track record of adhering to a descending trendline, breaking above it to initiate an upward movement. Presently, it's approaching the demand zone, presenting a significant chance for a bullish move. If this upward momentum is maintained, It aims to challenge supply levels at $15.393, with potential to reach even higher at $16.656.
💎 For the keen-eyed Paradisers, timing will be key in seizing this opportunity. It's critical to identify the right moments for entry during this anticipated rise, and to be cautious about entering at the market's peak. In addition, be prepared for the scenario where #LINK might fall below the $14.041 demand level. If it does, we could expect a bullish resurgence from a lower demand level of $13.814. However, a drop below this level might cast doubts on the continuation of the bullish trend.
💎 In such a dynamic and ever-changing market, strategic planning and smart decision-making are imperative. Developing a well-rounded trading strategy, which includes effective money management and a deep grasp of support and resistance levels, is essential for achieving favorable trading outcomes. 🌴💰