linkIn the previous analysis, we said that selling pressure will be high in the red box. Now I am waiting for support from one of the following green lines
LINKUSDT
LINK - Wyckoff Accumulation + Elliott WavesLink has been stuck in this range for an awful long time. In this count, it is labelled as a diagonal 5th + corrective wave 4; which could explain why we've been in this range for so long.
Looking for a pullback to test bottom support to take out range highs.
Link/usdt quick plan | Short Term Only |Linkusdt
Symmetrical pattern breakdown already confirmed on hourly time-frame and retest almost done
I am expecting price to drop atleast 10% from here
Note : This analysis is only for short-term, overall if we analyze higher timeframe link is still strong
Dyor
LINKUSDTThe price did not close weekly below the $5.4 area and made a retracement and settled weekly inside the horizontal range again, as it is possible that the trend will change as a correction to the shaded area above
Note: the analysis fails if the price closes below an area 5.7 usdt
Breakout: #ChainLink's Decisive Move and Its Implications💎 For over a year, #ChainLink has been range trading, but this changed in the last week. #LINKUSDT experienced a decisive break and close below the $5.5 support area. From a technical perspective, this could be seen as confirmation of the downtrend. However, we must consider the year-long price action before drawing conclusions. It is prudent to wait for the monthly closing price, as it might confirm or negate the continuation of the downtrend.
💎 Currently, #LINK has successfully triggered most of the stop losses of high leverage buyers, leading to increased buying liquidity. As a result, we could witness a rapid price growth before the monthly close. A potential pullback may occur, causing the price to encounter multiple resistance areas as indicated on our chart.
💎 While there is a certain probability that #ChainLink has bottomed out, it is important to note that we are still far from a strong confirmation of a bullish trend. The Paradise Team will closely monitor the price action and keep you informed about any significant developments.
LINK looks bottomedChainlink holders have been in pain ever since May 2021 (the point where I sold around $48) but luckily after hard times, the strong survive and good times are coming. We tapped the last imbalance and the 6.18 as a macro support which lines up perfectly with the spring phase in the Wyckoff accumulation scheme. To me it looks like we will exit this sideways chop by October 2023, if macro stays healthy. First target is around $13.
LINKUSDT close to weekly resistanceLINKUSDT has been heading for weekly resistance and has now come very close to it. This resistance has been tested several times and every time the price comes to test it, the probability of the price breaking it increases. Anyways, even if it has to break it, some retrace should be expected. Therefore, a long might not be favorable here. It should be favorable either on retrace or on break of this resistance.
Testing the ceiling after 840 days, will it be released?The possibility of 450% growth for Link currency can be close.
The currency is about to try its luck to break this range once again as it nears its 840-day downtrend, a failure that would allow the currency to gain more than 400%.
But how likely is this possible?
Where is secure login?
What is the entry requirement?
What should be done now?
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.
Entry: market and lower
Targets: 7.5 - 9.5 - 11.5
after first target reached move ur stop to breakeven
Stop: ~4.9 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 7
risk is justified
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
BTCUSDT 4H : READY FOR SELL Hi Guys Hope you well,
The uptrend is very weak and I expect to see a good drop in Bitcoin once the price box is reached.
SecondChanceCrypto
⏰19/JULY/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.
BTCUSDT H4 : Wyckoff Short setupHi Guys ,
Wyckoff is Loading...
SecondChanceCrypto
⏰13/JULY/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.
LINK - support and resistance level defined by SmartBotHello, Community!
Let's continue analyze altcoins using the SmartBot algorithm. While Bitcoin is staying at the same price and it's trading is so boring and not a profitable, BIST:LINK is showing us some interesting opportunities.
If we set up the strategy start period at the beginning of July we can see that SmartBot has created the previous base and defined the strong support levels in case of breakdown, but price continues sideways. As a result algorithm created the new base which has been already broken.
We can see that the strategy has already filled two buy orders at the first and second entry levels. Let's notice that the price showed some reaction on these levels, it means that the price respects this strategy. If the LINK price will continue sideways the current strong resistance and the exit level is defined by the green line with the price $6.61. If the negative scenario activates SmartBot is gonna be able to DCA the current position at the support 1 and 2 levels, prices $5.96 and $5.42.
This automated strategy has been created with the assumption that price movements are unpredictable. It absolutely does not matter which side the price will choose, strategy is gonna do it's work perfectly. Now Skyrexio team is working on the another one automated strategy, soon you will see the market analysis using all our developments.
Best regards, Skyrex team
___________________________________________________
🔥Follow and smash the rocket 🚀 button to support us🔥
LINK: Approaching ResistanceChainLink (LINK) technical analysis:
Trade setup : Trends are improving. Price has bounced up from oversold levels (RSI < 30) near $5.00 support zone and above $6.00 resistance. However, it needs to break above 200-day moving average (~$6.70) to confirm trend reversal.
Trend : Uptrend on Short-Term basis, Neutral on Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish but inflecting . MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance : Nearest Support Zone is $6.00 (previous resistance) then $5.50 and $5.00. The nearest Resistance Zone is ~$6.70 (200-day moving average), then $8.50.
LINKUSDT DAILY : WHERE IS THE FLIPHi Guys Hope you well,
As you can see, the link was able to make a good move and the price of almost 35% growth in the daily time, according to the conditions of Bitcoin, it can be expected to experience a weak decline and then reach the supply areas in the daily time form. Two zones have been specified for the return of the price, which should be checked when arriving according to the conditions of Bitcoin.
SecondChanceCrypto
⏰2/JULY/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.
linkA close-up view, and if we want to imagine a support level for higher price penetration in the 4-hour period, three green lines are appropriate.
linkIn the daily time, the possibility of such a movement can be imagined for it. Considering the strong resistance that exists in this time, I expect a price correction in the lower time for it.
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
linkConsidering that in the monthly time, the downward trend has started and continues, if it breaks 5.324, it is possible to check the price in the two green lines.
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 H1If the price enters the desired range of demand, I can be a buyer of this currency
Desired range: 5.64
I have to wait...
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
Healthy DumpHello guys!
I don't see anything bullish about link its going lower for sure
And I am being optimistic with this target
Dump it
Thanks
