Linkusdtbinance
LINKUSDT (Descending Channel)#LINKUSDT Technical Analysis Update
Wait for the Descending Channel breakout
LINK/USDT currently trading at $13.12
LONG ENTRY: Only enter long after Descending Channel Breakout in 4h chart
STOP LOSS: I will update once I see a breakout in 4-hour chart
Resistance level 1( Target): $14.60
Resistance level 2 (Targe ): $15.90
Max Leverage: 4X
ALWAYS KEEP STOP LOSS...
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LINK is looking like it's ready for take-off before XmasNot too much to say since the chart speaks for itself. If Chainlink manages to stay inside the current fib channel, we could reach anywhere from 100% to 200% gains before Christmas. I'm long again since $12.25 and plan to stay that way for at least the next three weeks.
PS - I'm new to TradingView and publishing my TA publicly, so let me know if you see something I don't or if you have any comments or suggestions. Thanks! -Juice
LINKUSDT - Break out Preconditions:
- trend bullish.
- level pressure.
- there is no downward movement after a false breakdown.
- higher high.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
LINK 1D. What is more likely the test of $16 or fall to $10.50?Well, another target $13.50 has been achieved from our global idea , which we published 2 months ago.
If we refer to the previous idea on Link , then the fall started from the indicated point, but stopped near the lower limit of either a bearish wedge or a bearish flag.
Two scenarios can be forecasted for the next week:
1. If the price fixes above $13.50, then the way for growth higher will be opened, to the levels $14.80 and $16.
2. If the price fixes below $12.84, then the way to the lower limit in the range $10.51-10.75 will open again.
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LINK/USDt - buy after the breakup*The largest volume goes at the price of 10.7
At this mark there is a strong mirror level.
if you buy, you should put the stop loss at minimum LOW.
I wish everyone a profit*.
Thank you very much and thank you to the responsive commentators for their understanding.
I spend my personal time tracking the market situation and share my opinion openly with you.
Push like and write your comments. We will catch the best trades together!
Support levels to stay above on to break THESE next resistances*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
*Follow me for the latest cryptocurrency analyses on my watchlist
*Thank you to those who donated, I very much appreciate it.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
LINKUSDT POSISBLE SCENARIOON 1D CHART I SEE AN UPTREND , I HAVE 3 HH AND 3 HL, IN THIS MOMENT I THINK I CAN GO WITH NEXT IMPULSE MOVE.
I HAVE A 4H CHART ENTRY BASED ON A HAMMER CANDLE AT THE BOTTOM OF THE CORRECTION (AT LEAST I THINK SO, A TRADER WORK'S WITH PROBABILITIES), CLOSED ABOVE SUPORT AND ABOVE TREND LINE .
WITH ALL THIS INFO I DECIDED TO TAKE A LONG POSITION, WITH A 1:4 RR AND I PLACED MY STOP LOSS UNDER SUPORT AND UNDER TREND LINE SO PRICE CAN BREED :)
I THINK I HAVE 2 KEY AREAS THAT WILL HOLD PRICE IN AN UP DIRECTION AT LEAST UNTILL THE NEXT SRESISTANCE MARKED WITH RED DOTTED LINE.
NOT FINANCIAL ADVICE , JUST MY OPINION.
LET THE SHOW BEGIN ;)
LINK USDT PAYAHello friends BINANCE:LINKUSDT
Today we are at your service by examining the LINK currency trend.
The link is in a strong uptrend Currency Link is one of my favorite currencies.
Last week we saw good news. The beginning of Link's cooperation with Tesla is a strong fundamental news that has a great impact on the future of this currency.
The link is in a strong uptrend.
Every time we encounter this trend line, we have witnessed the growth of Sharp.
On the other hand, the link came out of an incremental triangle pattern and returned to its ceiling.
The situation of the Altcoin market is declining, but the link has had good reactions compared to the rest.
If the link can not be returned from the support area 11.12
We will see it fall to the price of 10.78.
On the other hand, the link is in a short-term downtrend if it supports the price of 11.78 rather than the targets
11.29
11.44
And if it leaves this area, it will easily reach the targets
12
12.5
13
And if it crosses the price of 13, which is a strong resistance area, the TARGETS
13.18
13.96
14
14.66
15
16
Important
Process price areas have strong psychological resistance, such as 14 14.5 15 15.5 16
This analysis is only my personal opinion. Trade with your experience and knowledge.
Thanks for sharing your COMMENT with me.
LINKUSDTLINKUSDT LONG-TERM CHART
Cir. Supply - 389,509,556 LINK
Total Supply - 1,000,000,000 LINK
Market Cap - $4,514,189,423 ($4.5 Billion)
Scenario 1: - Watch out for the Whales DUMP
#Link has been showing minor breakouts in past few week but none looks sustainable and solid.
I now therefore expect ChainLink to return to $1.50 to $1.65 Billion Market cap.
If Link breaks our channel marked here then it is a sign of its down trend.a I believe during Nov 2020 - March 2021 whales normally takes their profits and Would be happy to bet all in at $4.2 - $4.5 level. Which is a major support and was its breakout point.
Scenario 2: - BTC forms a flag here and then comes PUMP
Link has been reacting positively to BTC rise since long. As, more money in BTC means more money for LINK or BNB or ETH platform.
Thus, If BTC continues to surprise us and breaks 13,500 resistance then there is no reason for Link to be bearish.
Just as ETH or BNB it will cont. to sail ahead along BTC and will hit the new ATH finding resistance around $24-$25
<> This is Not a Financial advice. Just sharing my thoughts.
LINK 1D. Critical point $11.Undoubtedly, now Link is at the global correction stage , it remains to figure out in what format.
If it is a bear wedge (in black) , then the price from the current levels should begin to fall to the level $11. From there, the fall could accelerate to $8.80.
If the correction is formed in the form of a bear flag , then there is a possibility of growth to the zone $13.50-16 , which was written about in one of the first ideas.
However, this condition is activated if the price can fix above $13 per Link.
Our series of Link ideas is quite large. Some of them went straight cent to cent, others turned halfway, but the coin is technical and interesting to the audience, so we will continue our global review.
And you subscribe to us and like not to miss the new episode!