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)))
LINKUSDT
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.
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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.
Hit the like button if you like it and share your charts in the comments section.
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!
And if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌
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
LINKUSDT - $12 Likely during 2023Hi Traders, Investors and Speculators of Charts📈📉
Chainlink ( LINKUSDT) has recently made some big increases and it seems like this altcoin isn't done yet.
The Technical Indicator in the Daily timeframe is extremely bullish; we see a bullish cross on the trendlines. From the weekly, we can clearly identify the market cycle of accumulation phase as being completed. In other words, we're at the foot of a new bullish cycle.
You may need some patience for the second target, but a first target of 8.8 is very reasonable for the short term.
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CRYPTOCAP:LINK BYBIT:LINKUSDT.P COINBASE:LINKUSD BINANCE:LINKUSDT
LINK ChainLink Growth Thesis | Trading at 52 week low Chainlink (LINK) is currently displaying a bullish signal as it bounces from its last support level. This price action indicates renewed buying interest and suggests a potential upward movement for the cryptocurrency.
Chainlink (LINK) has established numerous partnerships across the blockchain and cryptocurrency ecosystem. Some notable collaborations include:
Google Cloud: Chainlink partnered with Google Cloud to integrate its oracle services and bring real-world data onto smart contracts deployed on the Google Cloud platform.
SWIFT: Chainlink collaborated with SWIFT, the global provider of secure financial messaging services, to explore how Chainlink's decentralized oracle network can enhance SWIFT's cross-border payments infrastructure.
Oracle: Chainlink has a strategic collaboration with Oracle, a leading provider of enterprise-grade software and cloud solutions. This partnership aims to integrate Chainlink's decentralized oracle technology into Oracle's Blockchain Platform, enabling secure and reliable connectivity between smart contracts and external data sources.
Binance: Chainlink partnered with Binance, one of the largest cryptocurrency exchanges globally, to support the development and growth of the decentralized finance (DeFi) ecosystem. This collaboration aims to provide secure and reliable data feeds to power various DeFi applications on the Binance Smart Chain.
Polkadot: Chainlink has integrated with Polkadot, a multi-chain platform that enables interoperability between different blockchains. This partnership allows Chainlink's oracles to provide off-chain data to smart contracts deployed on the Polkadot network.
Hedera Hashgraph: Chainlink collaborated with Hedera Hashgraph, a decentralized public network, to enable developers to leverage Chainlink's oracles for accessing real-world data on the Hedera network. This integration enhances the security and reliability of smart contracts built on Hedera Hashgraph.
Based on this analysis, there is a potential price target of $8.70 for LINK.
Looking forward to read your opinion about it!
BTCUSDT H4 : SHORT SETUP Hi Guys Hope you well.
Finally, Bitcoin has left the long-term trading range. I expect to move with an erosion movement towards the ceiling of the dynamic channel, which is at the same time the supply area and FVG in low time.
In case of a fall, the price should be checked in the range of 28400 zones. we can expect the price to rise, but the behavior of the candlestick should be checked.
SecondChanceCrypto
⏰25/JULY/23
⛔️DYOR
Always do your research .
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