linkIn the weekly timeframe, if we consider a hypothetical channel for this move, the midline of the channel can be considered as a support that can move the price towards the three red lines in the first step, where, in If it does not face serious resistance, you can consider the roof of the channel with red targets
LINKUSDT
BTCUSDT H1 : Setup for long Hi Guys , Hope you well
We have two scenario for long ,we can go up with break the bearish trendline, but i agree with go down to hit the liquidity and then upward . please check your own setup. And do the best.
SecondChanceCrypto
⏰27/JUNE/23
⛔️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.
LINKUSDT.1DHello Crypto Lovers, This is a 1D frame analysis for LINKUSDT As you can see, the price has been able to move above its support line and we expect the price to form an inverted cup and handle pattern and after completing the handle, it can bring itself to the first resistance zone. However, if it drops below the first support line completely, we expect a further drop, which will remain in effect until it moves above the first support line. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Take care
wyckoff accumulation on LINKLINK has brokedown a very long range (over a year) so if the bleeding stops here (but honestly I think it'll continue) a wyckoff accumulation is likely to happen. Off course this is a possibility in case my previous idea on TOTAL3 (check it among my ideas) is wrong.
I think that for the long run this dump is an opportunity to buy but just because it's very hard to recognize the bottom of the market when it happens.
Please notice I have not LINK in my wallet, at least so far!
Good luck
LINK - staart bull trend price made false break out a range
big news to come
-instrument formulated range of 406 days
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
LINK ROADMAP (1D)Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the LINK symbol.
It seems that we are in a large diametric that we are at the beginning of wave E of falling. We have two targets in front of us that I specified
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
LINK Chainlink Oversold at its last support | Growth thesis !Chainlink (LINK) presents a promising investment opportunity, especially in light of recent market developments. With BlackRock's filing for a Bitcoin trust rather than an ETF and the SPX reaching a 52-week high, the market sentiment appears to be bullish. Despite being oversold and finding support at its last line, Chainlink's technical indicators suggest the potential for a rebound.
Considering the oversold conditions, investors could see an attractive entry point for Chainlink. The price target of $8.70 adds to the positive outlook, indicating the potential for substantial growth. A technical rebound, supported by market dynamics, could further bolster Chainlink's upward trajectory.
Chainlink's unique value proposition as a decentralized oracle network, facilitating secure and reliable data integration for smart contracts, positions it well for continued growth. Its technology plays a crucial role in the advancement of blockchain applications across various industries, offering real-world solutions and bridging the gap between blockchains and external data sources.
Chainlink's strong partnerships with industry-leading organizations and its expanding network adoption provide a solid foundation for its future success. These collaborations reinforce Chainlink's credibility and market position, potentially attracting more investors and users to the platform.
Looking forward to read your opinion about it!
Chainlink (LINK) Price Analysis: Bearish Flag Pattern Suggests FLINK/USDT Technical Analysis
Chainlink (LINK) is currently trading at $5.37, down 90% from its all-time high of $54. The cryptocurrency has been in a downtrend since the start of the year, and it is currently forming a bearish flag pattern.
A bearish flag pattern is a continuation pattern that forms after a sharp move up or down. The flag is formed by a horizontal consolidation after the initial move, and it is typically followed by a move in the opposite direction of the initial move.
In the case of LINK, the initial move was down, and the flag is currently forming. This suggests that the downtrend is likely to continue, and that LINK could fall to $2.85 or even $1.79.
However, there is a potential for a bullish reversal if LINK can break above the resistance level of $6.70. If this happens, LINK could rally to $5.89, $18, or even $54.
Key Levels
Support: $2.85/₹1.79
Resistance: $5.89/$18/$54
Note: This is not financial advice. Do your own research before investing in any coins.
Conclusion
The technical analysis for LINK/USDT is bearish. The cryptocurrency is currently forming a bearish flag pattern, which suggests that the downtrend is likely to continue. However, there is a potential for a bullish reversal if LINK can break above the resistance level of $6.70.
LINK long idea Listen up, in the world of crypto, Chainlink's the game,
But before you go long, you gotta manage that risk, it's not a game.
With LINKUSDT, a long idea in play,
Channels, OBV, and Fibs to pave the way.
Been in accumulation, for almost a year,
But with potential targets in sight, don't you fear.
TP1 at 7.4, TP2 at 8.40,
TP3 at 8.8, TP4 at 9.48, so don't you get naughty.
But with gains in sight, you gotta keep your SL in check,
Below 5.75, to prevent losses and protect.
So let's go long on LINKUSDT,
With a strategic plan, and risk management to see.
With channels, OBV, and Fibs to play,
Potential profits, just a breakout away.
But don't forget the SL, it's your safety net,
To ensure gains, and no losses to fret.
So let's ride the wave, and make it big,
With LINKUSDT, and a plan that's strategic.
Potential targets in sight, but risk management is key,
For a successful trade, and a profit to decree.
LINK /USDT Bullish Divergence,High Demand and Potential Bull Run💎 There is a bullish divergence in the MACD indicator. This discrepancy suggests a weakening of the downtrend momentum and a possible trend reversal.
💎 We have seen a break of structure following the previous downtrend. This break indicates a shift in market sentiment, potentially leading to a bullish phase.
💎The current price of LINK is situated within a high demand zone. The combination of bullish divergence in the MACD, a break of structure, and the presence of a high demand zone suggests an increased likelihood of an upward movement in the price of LINK.
Disclaimer: This is Not Financial Advice ❗️ Trade at Your Own Risk ⚠️
Chainlink (Link) formed Gartley for another price reversal moveHi dear friends, hope you are well and welcome to the new trade setup of Chainlink (Link) with US Dollar pair.
Previously we caught almost 30% pump of LINK as below :
Now on a daily time frame, LINK has formed a bullish Gartely move for a massive bullish reversal move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
✴️ Chainlink Classic Falling Wedge PatternAsk anybody or everybody around and they will all agree that the falling wedge is one of the most reliable patterns to spot on a chart.
This is a bullish pattern and once you have it well mapped out, it is sure to play-out.
On this LINKUSDT chart we have a falling wedge pattern already breaking bullish, so the breakout has already taken place.
Yesterday we had a full green candle which by itself is a bullish signal but what is more interesting is todays candle, it has a long lower wick and is about to close green.
This tells us that sellers did show up and tried to push prices down but the bulls bought everything back up.
As the candle/session/day closes green we get two additional signals; The RSI closing above 50 and the break as resistance of EMA21 and EMA10.
This is no surprise for us as we've been bullish all along... But having these signals on the chart, inspires me to open up a 10X long.
The rest is for the market to decide...
We will know how it went based on the results.
Many the wins, only a few loss.
Namaste.