LINKUSDT Inverse Head and ShouldersLINKUSDT Technical analysis update
LINK price has been forming a head and shoulders pattern over the past 30 days. Now, the price is moving towards the neckline with high volume for a breakout. If the breakout is confirmed, we can expect a strong move in LINK.
Buy Level: Above $14.70
Stop Loss: 13.30
LINKUSDTPERP
Chainlink LINK price have potential for x3 growthTweeters have become "active" around #Chainlink
They write that over the past 2 weeks, "whales" have bought 10 million CRYPTOCAP:LINK
This amount is 1.5% of the total number of coins in circulation now or 1% of the maximum suply.
Whether this is a lot or a little, whether it will act as a driving force or not, whether you believe in the project's potential or not - of course, it's up to you to decide.
But as long as the OKX:LINKUSDT price is above the blue trend line, the potential for x3 growth by the end of the year remains.
Chainlink LINK price is quite strong will it last for long time?🛡 #LINKUSDT trading pair has attracted attention primarily because it has held its price quite well over the past few days, while most altcoins have been feeling “bad” and declining in value.
In the future, if buyers will keep #Link price above $15, it will indicate their serious intentions and there is a good chance that the nearest target is a rise to $22 🔼
🔽However, if the #LINKUSD price is allowed to consolidate below $13.25, the red scenario will be activated. This will mean that some crypto investors will suffer, while others will be happy because they will have a chance to buy #Chainlink tokens around $9
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#LINK/USDT#LINK
The price is moving in a bearish channel on the 12-hour frame and adheres to it well, and the price rebounded from the lower border of the channel at the green color at the price of $13.00.
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that was broken to support the rise
Entry price is 14.30
The first target is 16.50
The second goal is 17.70
Third goal 19.56
#LINK/USDT#LINK
The price is moving in a head and shoulders pattern on the 4-hour frame and we have a green support area at the 17 level
The right shoulder has now been completed
Our RSI indicator has a trend that is about to break to the upside
Our Moving Average 100 is about to break higher
Entry price is 18.26
First target 19.00
The second goal is 20.15
Third goal 20.91
Fourth goal 21.92
Chainlink Link price shows strong movement, what next target ? Last year, the Linkusdt price gave patient investors x3 growth .
After reaching our final goal of $17.50, the Link price did not plummet sharp, but stuck in the liquidity zone $12.50-17.50. This means that there is still interest in the Chainlink project and the Link coin.
So, we can assume that the growth of the Linkusd price will continue in the near future, at least to $21.60-22.30 , in our opinion.
But only time will tell what will happen in reality )
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LINK: sell in breakeven📊Analysis by AhmadArz:
🔍Entry: 20.137
🛑Stop Loss: 20.29
🎯Take Profit: 20 - 19.90 - 19.77
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💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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#LINK/USDT#LINK
On the 4-hour frame, we have an ascending channel, within which the price trades and adheres to its limits to a large extent
We have strong upward momentum that the price is expected to continue rising
We also have a higher stability moving average of 100
Entry price is 15.85
The first goal is 16.35
Second goal 17.32
Third goal 18.20
#LINK/USDT#LINK
It is moving in a bearish channel on a 4-hour frame, and the price has committed to the green area at the level of 19.50.
We have a higher stability moving average of 100
We have bullish momentum on the RSI
Entry price is 19.95
First goal 20.28
The second goal is 20.61
The third goal is 20.97
📊#LINK still has goals to achieve📈🧠After completing the correction at the daily level, we began to rebound according to the double-bottom long structure. We are currently back near the neckline buying zone, and the response to the touch is good.
➡️From a wave theory perspective, we are completing the 5th Pulse Wave
Let's see👀
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#LINK/USDT#LINK
The price is moving in a cross channel pattern 1 D frame
It is expected that this channel will be penetrated upward with stability above the Moving Average 100
We have strong support to rely on at the borders of the lower channel
Also we have oversold on MACD
Current price 15.74
First goal 16.79
The third goal 18.29
Third goal 19.89
Sell in midle-term (LINK)📊Analysis by AhmadArz:
direct to trend of bear.
by R/1.5
🔍Entry: 15.43
🛑Stop Loss: 15.67
🎯Take Profit: 15.08
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
LINK POTENTIAL GOES UP TO $26 TO $34 After Long AccumulationLink includes the DeFi coin category which I think will rise in 2024.
There is a high probability that soon, this LINK will break out of the markdown structure.
LINK is observed to have accumulated for almost a year. The coin has been quite stable in recent months.
At this time it tends to move slowly. It is suspected that there is an accumulation phase at each stage before the high rise.
The predicted increase is in the first quarter and third quarter of this year.
LINKUSDT at monthly resistanceLINKUSDT has hit the monthly resistance MR1 and the upward move has been blocked by the monthly resistance MR1. The price attempted this resistance a few weeks back and got rejected. However, it made another attempt last week only to result in being pushed down. The price is currently trading just below the monthly resistance. Once this resistance is cleared in coming days, the next target would be monthly resistance MR2 which is sitting around 27-30.6. Looking at the price action, it seems that the price will break this in coming days and head towards MR2.
LINK target 19.112h time frame
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LINK is creating a triangle pattern, this might be a continuation structure for the pump from 10.5 to 16.6, which means LINK can reach higher price if break above this triangle pattern.
Also, LINK just retested 0.382 Fibonacci Projection and had support, enhancing the probability of continuation structure.
TP: 18.27~19.1
SL: 13.65
📊#LINK may continue to fall based on the smiley face structure🧠We went up from the bottom smiley bullish structure and stopped near $16. In the process of consolidation, a smiley bearish structure was formed. Although there was a period of rise yesterday, it did not destroy the overall bearish structure, so we are likely to continue to fall.
⚠️Note that if we stabilize near the support zone and break above the resistance zone and the bear defense point, then the bearish view will be invalidated.
Let's see👀
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LINKUSDTTRADE ALERT! BIST:LINK
Ticker: LINK/USDT
Entry: $14.2-14.3
Take Profit: $15-16$
Stop Loss: $13.650 (Daily Close Below this)
Risk to Reward: 1:2
Technical: Link bull flag formation.
Price is retesting the trendline support.
If we see a jump in form of green candle.
We will see link moving upside.
ChainLink Link price does not dare rise, which can be impressiveThe 420th day of a long and protracted consolidation in the wide price range of $5-9 LINKUSDT has passed
Both shorts and longs are gaining positions in consolidations.
Given that almost everyone has theoretically agreed that the "bottom of the cryptocurrency market in 2023" has already been reached, we can assume that someone is buying enough Link to last their grandchildren.)
Also, "old" altcoins have been growing well lately: BCH, LTC, XLM, XMR, etc. and the generation of altcoins in 2019-2020 also grew +30-50% in 2 weeks.
Maybe it's time for the Chainlink token price to start an upward trend?
Perhaps, but when it will happen is a mystery... Maybe you know the answer to this question, then write in the comments.
However, we have estimated the goals where LINK sales will take place in the medium term: $12.50 - $15 - $17.50
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