LINKUSDT
LINK support and resistance levels, potential upsideLink has established a strong support zone at $5.30-$6.10 range. Any dips below $6 is my accumulation zone with upside targets as I've shown at the chart above. Break above $7.8 opens the door for targets $11 and above.
This is a longer term analysis and this is weekly chart so I expect this to play out over the next few months.
Link Looks Undervalued HereSeems Like Preparing For Massive Recovery In Midterm
Formed Falling Wedge In Weekly Timeframe While Rsi Printing Massive Bullish Divergence
Still Consolidating With In Wedge But When Falling Wedge Got Cleared & Broken To The Upside Recovery Will Be Epic
In case Of Successful Breakout Expecting Move Towards Previous Ath 50$+
Forever in Range or #LINKI will try to be short and clear about LINK.
The coin already 468 days in the range.
I highlited all very important levels on the chart:
Red lines - strong resistance levels, all are Monthly FVGs
Green lines - strong support levels also all are Monthly FVGs.
Line no 1 - the coin will dump until 5.1$ level, will bounce, test the 5.8$ level and will continue downward move towards to 4.45$ and probably below. Where it may find good support.
Line no 2 - Link bounces until resistance line (blue line) manages to break through that resistance in this case we can expect to see the coin at 9.6 - 10$ strong resistance level. Where we can expect bears reaction.
Line no 3 - Link continues to be in the range next hundred days)))
Bond Yields Impact: 🌧️ Week for Crypto; LINK Shows Resilience ☀Clouds and rain ☔ forecast for the global crypto market in the next 24 hours and week as bond yields surge to decade highs. Bearish sentiment looms for crypto coins.
Chainlink and Litecoin, however, bring a glimmer of ☀️, hinting at a slightly bullish trend.
Follow us for more crypto weather reports!
LINK/USDT Potential Bounce Back and Upward Movement 💎 Hello Paradisers, spotlight on this token!
💎LINK Dump Hard following BTC's descent to $24k. There's potential for a price rebound, forming a new leg, before it continues its downward trajectory towards the Bullish Order Block.
💎This Bullish OB, representing a robust demand zone, is an optimal point to consider acquiring Chainlink.
💎There's a high probability of a significant price bounce in this area, setting LINK on an upward path targeting the major supply zone. Given LINK's strong fundamentals in the crypto space, it's a worthy hold for the long haul.
LINK/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this LINK/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Chainlink (LINK) snapped a four-day losing streak on Monday, despite the global market cap mostly tracking lower to start the week.
Following a low of 7.32 on Sunday, LINK/USD jumped to a peak of 7.54 earlier today.
Monday’s move sees the chainlink edge closer to a key resistance level of 7.65, which was last truly broken on July 30.
an upward crossover between the 10-day (red) and 25-day (blue) moving averages looks imminent.
there is a strong possibility that Chainlink may not only move past the aforementioned ceiling but closer to the 8.00 level.
LINK is tracking at 7.38.
I have tried to bring the best possible outcome to this chart.
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Thank you
LINK/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this LINK/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Chainlink (LINK) was back in the red during today’s session, as bulls retreated following a recent three-day win streak.
After moving to a peak of 7.86 on Wednesday, LINK/USD slipped to a floor of 7.57 earlier in the day.
Thursday’s decline sees Chainlink slip away from a move toward a long-term ceiling at the 8.00 level.
One reason for the drop-off appears to be due to a collision with a ceiling of 58.00 on the relative strength index (RSI).
Currently, price strength is at a reading of 57.27, with the next visible floor at the 52.00 mark.
Should bears hit this target, LINK will likely be trading at 7.00.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
SasanSeifi 💁♂️LINK 👉3D 8.50$ /9$ Hey there! 😊
In the 3-day timeframe, as you can see, the trend in the long term oscillates between price ranges of $5 and $9.50. Currently, based on the data I have, the price may fluctuate positively between $8.50 and $9. Until the price stabilizes above the significant resistance level of $9.50 in shorter timeframes, the outlook is bearish. Otherwise, if the price penetrates and stabilizes above this resistance level, a potential for further growth in the long term can be considered.
◼Hang tight to those supportive ranges of $7 and $6.50! They're the keys to our scenario in the long term.❗⚠️
Just keep these scenarios in mind as you analyze the market. Remember, things can always change unexpectedly, so stay flexible in your trading approach.❗
Wishing you loads of success in your trading adventures, my friend!✌
❎ (DYOR)...⚠️⚜️
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
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LINK/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this LINK/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Chainlink (LINK) was one of Tuesday’s biggest movers, as the price surged by as much as 4% during the session.
LINK/USD hit an intraday peak of 7.42 earlier in the day, following a low of 7.00 to start the week.
Yesterday’s bottom was also a long-term support point, with bulls choosing to reject a breakout on this occasion.
This comes as the 14-day relative strength index (RSI) continued to move away from a floor at the 48.00 mark.
price strength is tracking at 52.20, close to a resistance zone of 53.00.
In the event this level is breached, there is a strong possibility that LINK could move towards 7.50.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
$LINK; LONG SETUP- PENDINGHello friends,
This is a free of charge BIST:LINK setup for everyone to share and enjoy. However, this is PENDING and AWAITING for more confirmation. I will update all when the trade is a go and or no go.
Arguments- A beautiful bullish pat pattern has flew from the caves and printed a local double bottom right around the .786 fib which is the GOLD standard when looking for areas of potential reversal.
Now, we are above a infliction point, HOWEVER it is still awaiting that confirmation hence why the trade is still PENDING, as of now.
We see on the oscillator's that regular class a bullish divergence has also developed and is in the process of follow through i.e price action. My stop loss shouldn't be your standard, as everyone has different strategies, however this is something that I would do.
This is not trading advise and this trade is not active. This is me sizing up an asset and waiting for the alert to hit send ;)
GLHF
4HR: $LINK; Sizing Up- Too Much Demand?BIST:LINK at a key inflection point where sellers are trying to push price down, however buyers seem to be soaking up the demand and I would say it is a range bound asset between these areas. I pointed out 2 times via prior history where the demand shows to be too much for bears to bring down, as buyers push for a 10% mark-up once confirmation is in.
IF BIST:LINK can confirm that these lows are in fact the bottom of the range i.e the potential double bottom, history shows that link typically swings upward of 10% once the bottom is hit and support broken/confirmed
Just my thoughts and how one would use history to size up a asset and possibly put in a position and the arguments why.
Thanks for reading