Link Idea LINK Idea | LINKUSDT
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
LINKUSDT
LINKUSD H16: 40% gains THE best Level to BUY/HOLD (SL/TP)(SWING)Why get subbed to me on Tradingview?
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LINKUSD H16: 40% gains THE best Level to BUY/HOLD (SL/TP)(SWING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: LINKUSD 4hour/candle chart review
::: chart still looks good /strong
::: setup still valid as of right now
::: strong V-shape recovery
::: expecting one final pullback though
::: get ready to BUY LOW later
::: we just hit overhead resistance
::: best reload bulls near 6.60 USD later
::: expecting 40%+ bull run
::: re-test of sliding S/R line
::: near 9.40 USD also 1.62 extension
::: BULLS accumulate / WAIT FOR PULLBACK / BUY DIPS
::: expecting short-term pullback
::: BULLS get ready to BUY after pullback
::: TP bulls is +40% gains later
::: 9.40 USD is revised/conservative TP BULLS
::: expecting decent gains soon
::: 5-10% pullback short-term
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS +40% gains / 9.40 USD
::: BEST reload BULLS near 6.60 USD
::: TP BULLS is 9.40 USD final exit
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS 9.40 USD
::: Sentiment short-term: BEARS/PULLBACK/6.60USD
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
#Chainlink Correcting After 40% Surge, Resistance at $7.50Past Performance of Chainlink
Chainlink prices are solid when writing, looking at the daily chart. In January, LINK prices soared roughly 40 percent, finding intense liquidation at around $7.50. For the uptrend to take shape, buyers should force the coin above this week's highs, reversing losses of January 30, ideally with expanding volumes.
#Chainlink Technical Analysis
Chainlink is technically bullish at spot rates. Despite the correction of January 30, the bearish engulfing bar had relatively light trading volumes, a net positive for prices. The failure of bears on January 31 to further force prices lower might indicate support, validating the uptrend. Even so, there could be more opportunity for buyers should there be gains above $7.45, nullifying the bear trend following the correction from this week's highs. Suppose LINK holds above $6.23 and $6.57 support levels. In that case, buyers might find an opportunity to accumulate, aiming for $7.50 and later $9.4 in a buy trend continuation pattern.
What to Expect from #LINK?
Buyers are confident, but the dip on Monday somewhat forced liquidation from weak hands. In the days ahead, buyers must overcome immediate resistance levels and hold prices above crucial support lines for the uptrend to remain valid.
Resistance level to watch out for: $7.50
Support level to watch out for: $6.57
Disclaimer: Opinions expressed are not investment advice. Do your research.
LINKUSDT - About to FACEMELT 🤯Hi Traders, Investors and Speculators of the Charts 📈📉
Altcoins have gained some ground on BTC and the markets are currently taking a breather after continues upside price action. Chainlink, however, has been trading range for an extended period of time. This is bullish according to the Wyckoff Method Analysis; pointed out on the chart to the left. LINKUSDT is currently trading in accumulation phase and a potential parabolic move towards the upside can be expected after a longer period of rangebound trading.
The first large resistance zone is at $14, nearly a 110% increase form the current price just under $7.
While you're here 👀 Checkout this trading plan for SYSUSDT . Syscoin is an altcoin with massive upside potential and currently trading in it's ideal accumulation zone (bargain!) :
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Short-term bullish channel.The resistance in the $6.69 to $7.10 is broken and becomes support. Therefore, the next target of buyers is considered in the resistance range of $7.81. This area could have a negative reaction, but the main resistance is in the $8.3 range.
Reversal patterns on the chart have not yet formed, and the price is inside a short-term bullish channel.
LINK Seems to have a great downward aheadHi dudes
As I work with Divergence, a big 4 hours RD divergence in MACD ( which actually shows a higher time frame ) is being shaped, So I don't look for any big LONG position at the moment, but a nice big SHORT when my triggers at the lower time frame is pulled.
Besides, the long term guys are clearing their positions in multi-steps way as shown in the 1 hour and 15m time frames ( something like 3Drive )
Remember, the divergence is not completed yet, but it's probably gonna get a good shape.
Once triggered, you can either enter at the starting point, or wait some while for the price to change the direction and then get all the -HD & -RD divergence ( or use trend lines breaking + appropriate candles as a trigger ).
I will post a new one in the near future :)
good luck
LINK - chainlink short term trading potentialI usually only chart shitcoins, but LINK caught my eye today. Hasn't really grew a lot, bullish divergence on 1D/1W. It has tremendous upwards potential, since its fundamental value hasn't changed. x2 short term is very possible. 12.5 USD... first goal (goals are green). then 17 USD. Not sure about second, but first one is very reachable. support 7USD. (or maybe a little under)
LINKUSD: Should We Expect More Upside Movement? 🥹 | Jan. 13This week, we will stick to the 4-hour time frame to analyze the price action in detail.
The bulls seem to be in control after another strong week. After a strong rally last week, LINK was able to extend its gains to hit a new swing high of $7.1. We can see some consolidation happening now which was expected after the sharp rally that started earlier this month.
In our previous analysis at CoinMarketCap Alexandria, we had anticipated a move to $7.35 - it was almost achieved earlier this week.
The supply zone at $8.51 will become the new target once the resistance at $7.35 is regained. This view is only valid if the price can sustain itself over $7.35.
It is very important for the price to sustain over $6.30 right now, as a breakdown from this level could lead the price to $5.6.
Traders must still maintain caution by waiting for a reversal from the support at $6.30. If a reversal is seen, then the coming week may be more favorable for the bulls!
The important price levels for this week are $6.5 and $7.35!
#Chainlink Recovers but LINK Must Clear $7Past Performance of Chainlink
Chainlink prices are mixed when writing. Although they are bullish, there is a bearish engulfing pattern in the daily chart that may spook risk on traders. Nonetheless, LINK is within a bullish formation, with the current retracement possibly representing a retest. Accordingly, aggressive traders can take advantage of buying on dips in anticipation of more upswings.
#Chainlink Technical Analysis
In November, Chainlink fell 42 percent, and bulls are yet to bounce back from the sell-off. Despite the revival in the first half of January, the path of least resistance remains southwards. This is until LINK prices surge above $7.7 and December highs. Based on the current structure, conservative traders can wait for a breakout above $7 and this week's high, confirming buyers of last week, as a trigger for the next wave toward $7.7. Conversely, any loss pushing the coin below $6.10 and the middle BB will cancel out this bullish preview.
What to Expect from #LINK?
Traders are upbeat, and the buoyant BTC can lift LINK higher. Still, there must be confirmation in the daily chart. This will only change if losses of January 18 are reversed and the surge above $7 is with expanding volumes.
Resistance level to watch out for: $7
Support level to watch out for: $6.10
Disclaimer: Opinions expressed are not investment advice. Do your research.
Link in "bullish" mantra.Hello again, I do not forgot on Chainlink fans.
I will update this chart. It's good to have some Defi king in future bag.
Especially, when its CEO is one of few really suspicious as Bitcoin founder ( Satoshi ) ;- )
However Link is still in pure downtrend with some higher lows and highs.
potentially aiming to 382 Fibo in my mind, where would be bottom at the support of this channel.
Like Bitcoins, we should see some pivot ( maybe higher ) first. But without any guarantees.
This time, I like to focus on my target, as far it seems the same with BTC, ETH , etc...
I just can't find any imporatant high crypto margets above are at the moment...
I will believe later, when Chainlink hits 3 Dollar teritorry.
It is , how it is and would change in near future.
Always with care and ready,
Emvo.
*This is not any financial advice.
LINK Daily Outlook### 🌐 Chainlink **(LINK) $**6.508 **(+0.59%) - Bullish Outlook 🐂**
**LINK Overview:**
- ***Closest daily support zone: 6.823 - 6.754***
- ***Closest daily resistance zone: 6.899 - 6.982***
- ***Key Level: 7.7462 (Monthly Close of Jul. 2020)***
Congrats to those who got on the first ride. LINK is currently awaiting the next breakout which is around 7.27 based on various daily close points and fibonacci levels.
**LINK Daily Resistance zones**
1. 6.899 - 6.982
2. 7.077 - 6.270
3. 7.483 - 7.847
**LINK Daily Support zones**
1. 6.823 - 6.754
2. 6.614 - 6.455
3. 6.357 - 6.082
Wyckoff Accumulation Phases for $LINKCOINBASE:LINKUSD
Hi people,
Last time I published an idea here was almost 4 years ago which I DCA'd into Link token. Price went all the way up to $50's. Twas all sunshine and rainbows with price predictions of $1KEOY all over twittersphere. Then came the bears.
During this cold season and absolute shitshow going on in cryptospace, Link token and fellow marines (which I consider myself one) experienced a heavy decline with considerable depreciation against BTC and therefor USD.
Finally after this ugly cold bear season here we are again with a possible Wyckoff accumulation phase. Congrats to fellow marines who managed to survive till now. It's still cold out there but bears are ready to hibernate.
Here is my 2 cents on current LINK/USD chart:
Chainlink has spent months in this zone printing a choppy sideways PA. With all $LINK fundamentals available I think we are ready for a strong price markup.
First phase of staking is completed.
CCIP, DECO all getting ready to roll out.
On March 2023, Swift will implement and start ISO 20022 migration. Which is a huge thing for $LINK.
Link partnerships are at ATH, Chainlink dominates.
I expect CCIP (Cross Chain Interoperability Platform) maybe rolled out around that SWIFT timeframe.
Chainlink Labs is hiring talent relentlessly.
IYKYK.
With most of my $LINKs already staked I once again started to accumulate some more for long term hodl'ing.
On my chart you can see possible Wyckoff accumulation phases. I happen to prefer horizontal levels for my analysis, which works better for me. Preliminary supply, selling climax, change of behavior, secondary tests, upthrusts all there.
TBH I would expect that spring action go lower but I learnt from experience that during these kind of silent and boring days market can move pretty quick and leave you behind.
As old adage says: never short a dull market.
Now it's a waiting game for me. I already staked my tokens and feeling comfy (can't move them anyway).
And with my new linkies in my wallet I'm feeling confident on my analysis.
Let me warn you tho. I have strong opinions weakly held. I'm willing to react as market situations evolve.
I'll try to keep this chart updated. Stay safe.
LFG!
Not Financial Advice. Educational purposes only. Please manage your own risk.