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LINKUSDT

Chainlink Pushes Towards $12 with Positive EMA and MACD IndicatoWith the EMA period and MACD indicators both staying positive, Chainlink is making significant strides towards the $12 mark. It's time to seize this opportunity and consider a long position on Chainlink! The current market conditions have provided us with a strong bullish trend for Chainlink, and the EMA period and MACD indicators are reinforcing this positive sentiment. As the EMA continues to climb steadily, it reflects the sustained upward momentum of Chainlink's price. Additionally, the MACD staying positive indicates that the buying pressure is outweighing the selling pressure, further supporting the bullish outlook. Now, you might be wondering, what does this mean for you as a trader? Well, it's an exciting chance to capitalize on Chainlink's upward trajectory! By taking a long position on Chainlink, you have the potential to ride the wave of its growth and potentially reap substantial profits. The positive EMA period and MACD indicators serve as strong signals that the upward momentum is likely to continue, making it an opportune time to consider entering a long position. So, what's the next step? Don't miss out on this fantastic opportunity! I encourage you to carefully analyze the market conditions, conduct thorough research, and consider taking a long position on Chainlink. As always, it's essential to have a solid risk management strategy in place and stay updated on the latest market developments. Remember, trading is all about seizing opportunities, and Chainlink's current positive trend is one you definitely don't want to overlook. Stay positive, keep your spirits high, and let's make the most of this exciting market movement together! If you have any questions or need further assistance, feel free to comment below. I'm here to support you on your trading journey.
Long
by bryandowningqln
1
Nice breakout in Link, where we can enter?Hello Crypto Enthusiast, LINK - CHAINLINK , a master in Oracle. Facilitates secure communications between Ethereum projects and various off-chain data. Holds 61% market share. Technically, after a long term accumulation, it just broke out. with that said, where we can buy again? I feel price will do a pullback to 8.5 to 9.5 zone before next rally or buy above the recent high at 11$ I would enter this in zone with a stoploss below the swing low around $7. Risk is 25% and target is 500%. Trade will run for a year or so to reach $50 , $100 Please DYOR before investing.
Long
by Mreasytrade
Chainlink: The Unstoppable Force Dominating the Crypto Market! Chainlink has been on an unstoppable rampage in the crypto market, boasting an astonishing 59% return over the past three months! 📈🔥 Yes, you read that right! Chainlink has been flexing its muscles and leaving other cryptocurrencies in the dust. It's been a wild ride, and if you haven't jumped on the Chainlink train yet, now is the perfect time to hop aboard and experience the exhilarating gains for yourself! Why Chainlink, you ask? Well, let me tell you. Chainlink has been revolutionizing the blockchain industry with its cutting-edge technology and real-world applications. Its decentralized oracle network has garnered immense attention from major players in the market, propelling it to new heights. But enough about the past, let's focus on the future. Chainlink's potential is still untapped, and as traders, we have the opportunity to ride this wave of success to even greater heights. So, here's my call-to-action for you: it's time to long Chainlink and seize the moment! Don't let this opportunity slip through your fingers. Join the ranks of savvy traders who have already recognized Chainlink's potential and are reaping the rewards. With its strong fundamentals and a dedicated community backing it, Chainlink is poised to make even more waves in the coming months. So, grab your trading gear, fuel your excitement, and let's embark on this thrilling journey together! Long Chainlink and be a part of the unstoppable force that's dominating the crypto market.
Long
by bryandowningqln
Chainlink LINK long medium-term trade #19And we continue our series of potential medium-term trades. For the past year and a half, the LINKUSDT price has been trading in a wide range of $5-9. During this time, buyers have made 6 attempts to break through and gain a foothold above $9 , but all in vain. Perhaps they will succeed the 7th time?) Given the fact that in the previous few weeks, LINK buyers have been showing considerable strength and pushing the price up, we are ready to buy LINKUSDT long on the following conditions: Entry: in the range of $6.60-6.90 (an average price of $6.75 is desirable) Stop: $6.049 (-10.4%) Take profit: $11.84 (+75.4%) P/L ratio: 7.26 We allocate $10,000 for LINKUSDT trade, in the event of a mistake, we will lose $1040. If the trade will be a success, we will receive a profit of $7540
Long
by P_S_trade
21
LINKUSDT.1DBased on the given market data, the current price of LINK is 10.819 USDT. The Relative Strength Index (RSI) for 4 hours, 1 day, and 7 days are 61.23, 83.32, and 74.02, respectively. Typically, an RSI above 70 indicates an overbought condition, suggesting that a price drop may be imminent. Thus, the 1-day and 7-day RSI levels indicate that LINK could be overbought. The Moving Average Convergence Divergence (MACD) for 4 hours, 1 day, and 7 days are 0.378, 0.939, and 0.505, respectively. This indicates a bullish trend in the short, medium and long term. The Bollinger Bands (Bb) for 4 hours, 1 day, and 7 days are 11.788, 11.446, and 11.560, respectively. The current price is slightly below the middle band, suggesting a neutral trend. The support levels for 4 hours, 1 day, and 7 days are 10.056, 8.359, and 7.086, respectively. The resistance levels for the same periods are 11.932, 14.321, and 11.828, respectively. This indicates that the price has a potential to go up or down but given the RSI, a downward movement could be anticipated. In conclusion, while the MACD indicates a bullish trend, the overbought RSI levels suggest there may be a pullback in the short term. However, the market is unpredictable and it's essential to consider other market factors and conduct a comprehensive analysis before making investment decisions. Always ensure to invest wisely.
by MarsSignals
LINK/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this LINK update from Crypto Sanders. Chart Analysis:- Chainlink (LINK) was a notable gainer on Wednesday, as the token rose by as much as 9% in today’s session. Following a low of 9.84 on Tuesday, LINK/USD rallied to an intraday peak at 11.55 earlier in the day. the cryptocurrency climbed to its strongest point since last year when its price peaked at over 12.00. the latest surge in price has kept the relative strength index (RSI) above the 80.00 level. the index is tracking at 81.87, which is its highest point since August 2020, which is deep in overbought territory. LINK is trading at 11.11, I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
The key is whether the price can be maintained above 9.870Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (LINKUSDT chart) (1M charts) The key is whether it can rise above 15.13. To do this, it is important to receive support around 11.236. (1W chart) The key is whether it can receive support in the 10.852-12.754 range and rise above 15.0. If possible, I would like to see a movement that causes the HA-High indicator to fall and be created by shaking it up and down. (1D chart) The key is whether the price can be maintained above 9.870 and rise above 13.660-20.410. -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
Chain [LINK] Surges 25% In Weekend Rally: What’s Behind This?In recent weeks, Chainlink has been generating significant attention. It has outperformed several other cryptocurrencies and consistently ranked as the top gainer over the past few weeks. Throughout the month, the coin had been trading within a narrow range. It has been fluctuating between $7.194 and $7.786. However, during the last week, LINK’s price exhibited substantial volatility, resulting in a remarkable 12% surge in just one day. This further signified a strong bullish sentiment in the market. Furthermore, the price has soared by more than 42% within a week, positioning it as the best-performing cryptocurrency of the week. After this recent price jump, LINK reached a yearly high of $11.037. At present, LINK is trading at $10.48, reflecting a 12.5% daily price upswing. It’s important to highlight that in addition to the price increase, the network has seen a notable uptick in whale transactions, unique interacting addresses, and trading volume. These metrics have reached their highest levels in the past three months, marking a significant achievement for the network. However, the situation underwent a swift transformation as Bithumb ceased its accumulation of LINK and transferred out 220,000 LINK tokens, equivalent to about $2.05 million. This move coincided with a noticeable drop in LINK’s price from its peak, underscoring the significant influence of exchange activities on the cryptocurrency’s market dynamics. A closer examination of LINK’s holders unveiled the participation of numerous influential whale addresses within the LINK market. Some of these addresses had been accumulating LINK since February and began selling their holdings in October. Others had amassed substantial quantities of LINK from Binance, with their accumulation commencing in September. One standout whale, represented by 38 addresses, had procured 1.25 million LINK tokens at an average price of $7.58. These holdings translated into substantial profits, given the current market conditions. However, investors were advised to exercise caution, especially when whales decide to offload LINK in pursuit of profits. Adding a twist to the story, Smart Money, an entity known for capitalizing on Chainlink’s price fluctuations, entered the fray. One wallet, in particular, capitalized on the opportunity to short LINK by selling 38,381 LINK tokens at $9. Subsequently, they borrowed 38,747 LINK tokens from Aave to sell at $9.5. This move further contributed to the intricate dynamics of LINK’s recent price movements. Chainlink: New staking platform to further propel LINK’s price? Chainlink is preparing to roll out a highly anticipated update in the form of Chainlink Stakingv0.2 later this year. The fresh staking platform is set to introduce a range of innovative elements to enrich the Chainlink ecosystem. The debut of Chainlink Staking v0.2 signifies a noteworthy progression in the evolution of Chainlink’s staking ecosystem. This release is poised to grant users a broader array of choices, bolstered security, and an overall more adaptable and versatile experience. It will be captivating to observe the reception of these features and their impact not only within the Chainlink community but also across the wider blockchain sphere.
Long
by DEXWireNews
LINKUSDT The curse was broken For over 500 days, the price of the BINANCE:LINKUSDT below $9.7 was traded, but finally, today, this resistance line has been broken, and the price has been trading above this line for a moment, indicating the end of endless ranges in this area. In my opinion, this could be the beginning of further price growth. ⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR" Don't forget to like and comment
Long
by Madoir
7
WHY IS LINK PUMPING TODAY?Why is Chainlink BINANCE:LINKUSDT pumping today? Last month, I forecasted this coin on reach to a year-long resistance and to watch out for a potential breakout or pump in the upcoming weeks. Now, BINANCE:LINKUSDT pumped because of a year-long breakout , that's 16 months to be exact. What should we do next? Scalping either long or short would be best in my opinion but be sure to have a setup for that strategy. For intraday traders, be patient for finding some possible bullish patterns (mini resistance breakouts, head and shoulders, cup and handle) as the coin is still in an uptrend. Take note, we can see retracements for the coin price, as the price would wait to be stable from the yearly breakout. From a technical standpoint, I would rely on identifying a common resistance for a potential take profit area. I find the $11,446 resistance line convincing since it presents strong support and could be a new resistance line for the coin (click the chart above for better quality) . Another would be at near $12 range, based on the fib retracement of .382 from its all-time high. This would take possibly a week or more in order to reach that price that I've mentioned. If you entered the breakout, congratulations! Now, you need to do set a protective stop profit in tranches. Plot your support line because that will be a guide in taking partial stop profits. In this case, I would plot a diagonal support line. If a breakdown happens with confirmation of candles and your indicators, you could take a bit of your profit OR for those who did not enter, execute a scalp short play and plot your Fibonaccis. I'll add more forecast to this idea but will update you in the comments section. Thanks to those who are supporting my past ideas, means a lot. Feel free to comment your questions or suggestions and please follow my profile on this platform for more of this and possibly add more trading content. PLAN your trades, happy trading!
by Habadoo
Celebrating LINK's Remarkable Breakthrough - Long LINK Our beloved LINK defied expectations and broke through its one-year trend with an incredible 13% jump! 🚀 Let's take a moment to appreciate the magnitude of this achievement. LINK has not only shattered the barriers of its previous trend but has also shown its potential for continued growth. This remarkable breakthrough is a testament to the strength and resilience of the LINK community and its long-term vision. Now, you might be wondering, what does this mean for you as a trader? Well, my friends, it means that there's an incredible opportunity knocking at your door. The time has come to consider joining the long LINK movement and seize the potential for further gains. Why long LINK, you ask? Here are a few compelling reasons: 1. Momentum: LINK's recent surge has demonstrated its ability to defy trends and propel itself to new heights. By long LINK, you can ride the wave of this positive momentum and potentially maximize your profits. 2. Strong Fundamentals: LINK's underlying technology and the team behind it have repeatedly proven their worth. With a solid foundation, LINK has the potential to continue its upward trajectory. 3. Diverse Use Cases: LINK's integration with smart contracts and decentralized finance (DeFi) applications has opened up a world of possibilities. As the demand for DeFi grows, LINK's value is poised to follow suit. So, how can you get in on the action? It's simple! Take a moment to evaluate your trading strategy and consider adding a long position on LINK to your portfolio. Keep a close eye on market trends, set realistic targets, and remember to diversify your investments for a well-rounded approach. Remember, trading is both an art and a science, and timing is everything. While the past performance of LINK is no guarantee of future results, it certainly provides us with an exciting opportunity to capitalize on its recent breakthrough. As always, please conduct thorough research, consult trusted advisors, and make informed decisions aligning with your risk appetite and financial goals.
Long
by bryandowningqln
Link's Ongoing Struggle At $7.6 Hopes For A Breakout To $11(Link), one of the leading cryptocurrencies in the market, has been locked in a seemingly endless struggle to breach the 7.6 dollar price point for several months. The cryptocurrency market is no stranger to volatility, but Link's stability at this particular price range has caught the attention of investors and analysts alike. In this article, we will explore the factors contributing to this prolonged struggle and examine the potential catalysts for a price breakout that could propel Link to $11. Understanding the $7.6 Resistance Link's performance in the cryptocurrency market has been impressive over the years. However, since , it has been unable to sustain a significant upward momentum beyond the $7.6 mark. To understand this resistance, it's essential to look at the various factors influencing Link's price. Factors Contributing to the Prolonged Struggle Market Sentiment: Market sentiment plays a vital role in determining the price movements of cryptocurrencies. Negative news, regulatory concerns, or general pessimism can create downward pressure on a cryptocurrency's price. Link has faced its share of setbacks and FUD (fear, uncertainty, doubt) in recent months, which has contributed to the struggle. Resistance Levels: Technical analysis often highlights significant resistance levels that can act as barriers to price movement. The $7.6 level has been a formidable resistance point for Link, with traders and algorithms reacting to it. Overall Market Conditions: Cryptocurrencies are also influenced by broader market conditions. A bearish market can make it challenging for any asset to rally, while a bullish market can provide tailwinds for significant gains. The Potential Catalysts for a Breakout Despite the challenges, there are several factors that could potentially drive a breakout for Link, with a price target of $11 Technical Analysis: A break above the $7.6 resistance level could trigger a surge in buying interest, pushing Link's price higher. Traders and algorithms often follow such breakout patterns. Fundamentals: Chainlink's fundamentals remain strong, with its decentralized oracle network being widely used across various industries. Adoption of the technology can create sustained demand for the cryptocurrency. Positive Developments: News and developments related to Chainlink's partnerships, integrations, and projects can significantly impact its price. Positive news can rejuvenate investor interest. Chainlink's extended struggle at the $7.6 price point has frustrated many investors, but it's essential to understand the myriad of factors that have contributed to this situation. While breaking the resistance will not be easy, there are several potential catalysts that could pave the way for a significant breakout, with a price target of $11. Investors should closely monitor the market sentiment, technical analysis, and the broader cryptocurrency landscape for signs of a potential turnaround. In the volatile world of cryptocurrencies, one thing is certain: surprises are always around the corner, and Link may yet surprise the market with a remarkable rally to $11. As with all investments, it's crucial to exercise caution and conduct thorough research before making any decisions in the cryptocurrency market. check for plagiarism.
BINANCE:LINKUSD.PLong
by DEXWireNews
1