LINKUSDT Daily: 18/02/2023: Is it time to break the range?
As you can see, the price is on the range for a long time and obviously, there is huge liquidity on both sides of this range.
Now the price just touched important resistance that can push the price down and then on the demand zone it can rise.
As a first target, we can define 9.7 (exactly above the liquidity pool)
💥Important note: If the price can not maintain above the demand zone, we can expect the price to go lower to collect the liquidity pool below the range.💥
💡Wait for the update!
🗓️18/02/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
LINKUSDT
LINK: Resistance BreakoutChainLink (LINK) technical analysis:
Trade setup : Following a bullish breakout from Descending Triangle , price also broke above 200-day moving average and $8 resistance to resume Uptrend. That was a stiff resistance where price got rejected several times last year. Upside potential to $9.50 next. Recent rally was driven by launch of staking service.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $7.00 (previous resistance), then $5.50. The nearest Resistance Zone is $8.00, which it broke, then $9.50.
LINK: Going to range high, or even better: 12.25Ok, we can see Link broken both of the 200 EMA and 50 EMA.
In addition, we also see the formation of higher low here. There may be a correction a bit, but overall, I project that LINK may go to the range high (~9.5), and if it's broken, 12.25 area is, I can say, programmed
LINKUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart. (update)
Nothing has changed from my last idea, first target was reached(7), stop in breakeven(5.5)
next targets 9 and maybe ~12(right now im not sure about 12 maybe will close in 9-10$ zone)
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
It's expected that the ChainLink crypto will rise +60%(+330pips)🔰You can see the crypto analysis of ChainLink to TetherUS in the four-hour time frame (LINKUSDT_ 4H) 🔍🧨
💥Considering that the price has been able to break its Down trend line🖤, there is a possibility that the price will rise to the Supply zone🔺🚀
Do you think this analysis can be profitable🧐❓
I hope the analysis was useful for you🤍🌹
______📈TRADER STREET📉______
Crypto ChainLink (Overdue Breakout is upon us)View On ChainLink LINK/USD (20 Feb 2023)
Crypto ChainLink LINK/USD is mainly in the big swing mode for the nearly a year now.
I reckon we are in for the BULLish mode as the low regions such as $5~$5.5 are accompanied by the strong rebound with big volume.
We have better odd in staying on the Buy side.
It should retest $9.25 region and $11 region soon.
Let's see.
DYODD, Our trade analysis may not suitable to intraday (or) short time frame trading.
Whatever method you use if you do not follow the proper rule of risk management, it will have detrimental effects on your account.
Feel Free to "Follow", press "LIKE" "Comment".
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Potential good trade of LINKThe FRS event 2 days ago made traders community more positive.
All my attention with BTC, but some of the altcoins like LTC, BNB, XRP made holders big profit.
In case of next flat period with BTC, I expect growing of LINK.
Why It will happen?
Moving of BTC price needs a high liquidity. Market does not involve new traders. No liquidity = no growing.
Long period of accumulation (6 months)
I expect the moving of liquidity from BNB and LTC to next altcoins.
Do not forget about money management.
Link BTC - eying 90% gain - in this downward market crashBeen watching Link for quit some time - I use longer time frames. on BTC chart. we have broken the falling wedge - as long as we hold weekly above 4000 satoshi. Broken a gann fan which it has been holding for quite some time.
This is one gigantic falling wedge. but you got to zoom out to see it. sometimes less noise from the market is better - and focus on the bigger picture.
Falling wedge - Next wave major - wave 5 . But lets not be greedy - will just target 0.618 fibo range as a medium term trade.
On USDT pair - we can see the gann angles - and a very clear accumulation pattern at the current range - the liquidity pool is used to accumulate more link. Very clear to see on the current size of the volume bar. Many alts broken down and made a lower lows, while link held the gann angle well. target is around 87% on usdt to the next zone as a minimum.
In addition, link is developing quite nicely and they have stacking incoming in December.
If there is anything currently in the market - there are only 4 tokens I've got my eyes on after completing from Matic and BNB. Currently Link is one of them.
Better image attached.
RLinda ! LINKUSDT-> Consolidation formation near resistance LINKUSDT is forming a pre-breakdown consolidation before the resistance area of 7.380, but at the same time the price is forming numerous retests of downward resistance. What to expect from the price?
As we can see, the coin is gaining energy, but what is remarkable is that there is no decline. The price is slowly climbing towards the resistance at 7,380 and at the same time it is forming a consolidation. This maneuver might snag the resistance and break it soon, and the consolidation will only push the price to 8.210.
I expect a breakdown of resistance at 7.380, and the formation of medium-term potential for a trend change. Ahead is resistance 7.380, breakdown of which will determine the way to 8.210 as a short-term target, and then to 9.50.
Regards, R. Linda!
Link Trading Range in Daily and weeklyfor 260 day link is in a trading range and its fantastic ,
as you can see we are in pivot area you can make some short position in here but i think its better to wait for supply zone , we can short here with better profit , and do not remember for 260 day we have a trading range its getting dangerious becasue any side break will move huge
anyway do not remember to use proper risk managment for now we are in a pivot area and also minor supply zone , then short position make sense
if you zoom out the chart next demand zone are mentioned in the chart so you can make positions in there
blue: Pivot
Red: supply zone
Green: Demand Zone
LINK - greatest of the greatLINK - 1D and 1W bullish divergence. almost a year long accumulation. So what will happen now. Link should stay above red dotted line 7$ price. and then it should break orange line (above 9.4$). I am very bullish about it. But, Bitcoin 4H bearish divergence says, it could still dump a little bit. This is probably one of the safest coins to accumulate atm. DCA into it and you wont regret it.
trias - STILL A LOT OF ROOM TO GROWLow market cap, once very hyped KUCOIN coin. Still, there should be more exchange listings. Trias is only listed on Kucoin, and PancakeSwap (every coin can be listed there). So that concerns me a little. Twitter account is still active (that is good), they have roadmap updated every now and then (that is good), community is still growing (super good). I would long it, still ... exchange problem is persistent. We have crossed 1.8$ resistance. so I can see x2 short term growth. Depends on bitcoin movement too. green is goal color. 7$ final goal.
ChainLink token LINK price it's time to catch up with the marketWhile most cryptocurrencies began their rapid growth at the beginning of 2023, Link buyers were "scratching their heads" and not keeping up with the market.
Consolidation in the range of $5.50-9 has been going on for 9 months. Delta shows that purchases in this range are at least 5% higher than sales. Are "they" accumulating a huge position?
If so, then the growth of ChainLink token price to $9 will be soon. And ideally, in the coming months, we would like to see Linkusdt price at $15 and above
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
LINKUSDT
Formed Falling Wedge In Daily Timeframe Counter Tl Has Already Broken Withen Wedge Now Expecting Test Of Main Trend line
And If Main Tl Broken Too Expecting Move Towards 12 - 15$ In Coming Weeks
Risk Takers can Enter On Counter Tl breakout For More Accurate And Low Risk Can Wait For Falling Wedge Breakout
Stoploss Can Be Placed below falling Wedge