🔗📈 LINK Spot Trade Setup! 📈🔗📊 Analysis:
Support Area: LINK is currently at a support level, potentially indicating a rebound.
Oversold Conditions: Medium timeframes show oversold signals, suggesting a potential reversal.
Upside Potential: Targets set at resistance levels.
📈 Trade Plan:
Entry: Consider laddering into a long spot trade in the $17.30 - $18.00 support area.
Take Profit: Target profits at $20.00 - $21.00 or higher towards $22.00 - $23.00.
Stop Loss: Set stop loss just below $17.00 to manage risk.
💡 Note: Keep an eye on price action for confirmation of bounce and adjust strategy accordingly! Stay vigilant in monitoring market movements. 🚀📈 #LINK #SpotTrade 🛒💰
LINKUSDT
LINK can ascend further!Hi.
BINANCE:LINKUSDT
✅Today, I want to analyze LINK for you in a Weekly time frame so that we can have a Short-term view of LINK regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
LINK is testing the s/r zone right now on weekly timeframe🧐
Bullish if breaks above the one...
✅ Due to the Ascending structure of the chart...
🟢 High potential areas are clear in the chart.
🟢 S&R ZONE
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
LINK firming up v BTC. Can it form a right shoulder?...Can it bust through the neckline with strength
All unknown of course
There are no guarantees in speculating
you have to be down with OPP
O = Opportunity , can you spot the opportunity
P = Possibility --- what are the possible outcomes
P = Probabilities *** what percent chance do you assign to that possibility
Easy right ? ;)
But at least spotting things early can help you get positioned before things start moving to fast
That is the key y
You want to be positioned before the move right .. sounds obvious
aka don't chase
So let's see in Chainlink start over performing v BTC again
It did 2.4X v once already ..
INJ/USDT - A Quick Trade#INJ/USDT #Analysis
Description
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+ Price is at the current support level and i could see price retracing back to it's bullish trend
+ I'm expecting price to hit the its resistance level
+ I see a good long trade opportunity, i'm entering with 1% Risk
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VectorAlgo Trade Details
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Entry Price: 38.0
Stop Loss: 33.9
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Target 1: 41.8
Target 2: 46.0
Target 3: 52.1
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Timeframe: 4H
Capital Risk: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
LINK - Bounce and go up ^#LINK/USDT #Analysis
Description
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+ LINK is showing good bullish momentum and price retraced back and now it is bouncing back
+ This retracement is a good opportunity for a LONG trade
+ I'm entering a long trade with a good distance to the stop loss.
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VectorAlgo Trade Details
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Entry Price: 19.4
Stop Loss: 15.78
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Target 1: 22.4
Target 2: 25.03
Target 3: 28.9
Target 4: 35.9
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Timeframe: 1D
Capital Risk: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
LINKUSDT RISELINKUSDT appears to be in a favorable buying zone, with a new fresh supply zone identified between 17 to 18.4. The decision to enter the market aligns with multiple technical indicators suggesting a buying opportunity.
Firstly, the technical rating is classified as 'buy', indicating a positive sentiment towards the asset's performance. This rating suggests that various indicators, such as moving averages (MA), Relative Strength Index (RSI), Momentum (MOM), and Commodity Channel Index (CCI), are showing signs conducive to buying.
The MA, a widely used trend-following indicator, is strongly signaling a buy, indicating a bullish trend in the market. This suggests that the price of LINKUSDT is likely to continue rising in the near term.
The RSI, currently at 52.2, is in a neutral position, neither overbought nor oversold. This suggests that there is room for further upward movement before the asset becomes overbought, supporting the notion of a potential buying opportunity.
MOM, at -17.2, indicates a negative momentum, but it's important to note that momentum indicators like MOM can often lag behind price movements. The fact that the price is within the identified buying zone suggests that momentum may shift upwards soon.
Similarly, the CCI, at -13, indicates a slight downward pressure, but it's relatively close to the zero line, suggesting a potential reversal or consolidation in the near future.
Managing risk is crucial in trading, and it's commendable that you've emphasized this aspect. When entering a trade, it's essential to have a clear risk management strategy in place. This could include setting stop-loss orders to limit potential losses and ensuring proper position sizing to protect your capital.
In conclusion, the technical analysis indicates a favorable buying opportunity for LINKUSDT within the identified zone. However, it's important to monitor the market closely and manage risk effectively to navigate potential fluctuations in price. By incorporating these technical insights into your trading strategy, you can make informed decisions and potentially capitalize on favorable market conditions.
LINK - Swing Trade SPOT 📈📉Hi Traders, Investors and Speculators of Charts📈
BTC had recently formed a new ATH, and we're a few weeks away from the BTC halving. I'm expecting corrections (highly overdue) across the markets up until the halving.
Chain-link still has huge upside potential:
But this post is specifically for the short term. I'm looking at a swing trade (spot) here because it is already a high-risk trade , and shorting when the macro is clearly bullish is VERY risky business .
Make sure you check out yesterday's update on BTC:
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
_______________________
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👍Hit like & Follow 👍
CryptoCheck
COINBASE:LINKUSD BINANCE:LINKUSDT
The link continues to rise in price👉By examining the trend in the four-hour time frame, it seems that the link has broken the resistance range of the NECK LINE in the range of 18.31-18.12, and now, according to the increase in the averages of the ALIIHATOR indicator, the probability of the continuation of the upward trend is very high. .
In general, this scenario is reinforced that the link can be as high as the HEAD & SHOULDERS pattern, up to the Fibo resistance of 261.8%, provided that it does not register any 4-hour close candle time below the support interval in the range of 18.31-18.21. increase in the number of $21.50.🫸
It is EASY to make money.Hi,
With the recent plunge in Bitcoin and altcoins, many of you may have been worried, and some of you may already be celebrating the recent rebound.
However, do not let your emotions take control over your trading account.
Market sentiment is a reflection of the individual psychology of each of us.
And as history has shown, those who hold on win. Hold on to your FOMO, hold on to your FEAR.
Below is a chart of SOL, which shows a huge move higher this cycle, AVAX, which is chasing it, DOGE, which has now broken above its consolidation zone, and FIL, which is still not out of the consolidation zone.
You can also find many examples of these asset cycles in the stock market. Here are some ideas. 🍀☢️
Conquer your FEAR and FOMO, and you WILL earn money.
1PERCENT
Cryptolean Chainlink LINK UpdateAfter dipping to below the key support of $17.40, Chainlink price is trading in the daily range zone between $17.40 and $19,56 and where we will continue to see a slow and choppy price action.
A bullish reversal from the current price location or after a re-test of $17.40 will result in a bullish move to $19.56.
Upon a bullish break-out of $19.56, the key daily resistance, bulls will be in control and push price to $22.10-$23.09.
A bearish break-out of $17.40, the key daily support, will push LINK price towards the next support zone of $13.87-$14.85, where the price action will be very important.
🔗 Chainlink (LINK): Consolidating at Support! 📊🔄📉 Current Situation:
LINK is consolidating at a support level.
Opportunity identified for a long trade.
📈 Trade Plan:
Entry: Ladder into a long spot trade in the $17.50 - $19.00 support area.
Take Profit: Target the next resistance areas at $21.00 - $23.00 or $26.00 - $28.00.
Stop Loss: Set just below $16.00 to manage potential downside risk.
🔄 Strategy:
Utilize laddering to enter positions strategically.
Monitor price action for confirmation of upward movement.
Manage risk by adhering to stop loss levels.
📊 Note: Keep an eye on LINK's price dynamics and adjust the trade plan accordingly based on market conditions! #LINK #TradePlan #SupportAndResistance 📈🔗
Short-term LINK Price to Come Down to ~$15.4LINK has failed to break back into its original higher trading channel. The next large volume support is around $15.4 which we may see LINK fall too in the short-term. I am bullish on LINK long-term. This could be a great entry price to set a buy limit order.
LINK/USDT Trading ScenarioWe are considering the scenario of price movement for LINK.
The asset is in an uptrend. From the perspective of volume profile and participant transactions, the price is being pushed upwards.
Currently, after reaching a local maximum at $22.845, the asset has started a correction, and its price has decreased by more than 27%. Additionally, amidst the BTC correction, we can expect the continuation of the asset's price decline towards the levels of $14 and even $12.
We are considering this situation to increase the share of the asset in the portfolio with a long-term holding perspective aiming for profit maximization.
Cryptolean Chainlink LINK Update After rejecting the key daily resistance zone of $22.10-$23.09, Chainlink found a support at $19.56 that I expect to hold.
A bullish reversal from the current price location or after a re-test of $19.56 will result in a bullish move to re-test $22.10-$23.09.
A bearish break-out of $19.56, the key daily support, will push LINK price towards the next support at $17.40, however the price action will be slow and choppy.
Intraday Chart
The LINKUSDT 4-Hour chart is neutral for now, but it is trying to break into the bullish territory above $21.06.
A break-out of $21.06 will increase a probability of a bullish move to the key intraday resistance zone of $23.48-$24.42, where I will be closely watching the #Chainlink price action.
A bearish rejection of $21.06 will lead to a slow and choppy price action first to $20 and, possibly, lower to the key intraday support at $19.
This bearish dip to $20 or $19 could provide a long trade opportunity.
Support once read!
Thank you!
February Crab Repeat, Channel drop into TriangleLink went to the all time high 36$ range in Feb and channel A dropped into triangle A.
it broke the triangle into another channel upward to break a new previous high which was the 44$ range and we're seeing a similar triangle drop where we may range sideways for months after dropping from channel B into triangle B.
BEARISH