LINK inside a falling wedge#LINKUSDT
$LINK is trading inside a falling wedge, that is a bullish pattern. I think it is possible to touch the lower line of wedge around the daily support zone then break out from wedge. but it is not out of mind that break out in this swing high. keep eye on it, after the break out #LIKN price can increase as high as the blue line.
LINKUSDTPERP
Link 1D Global forecast for several months, but must be read)Today we bring to your attention an overview of the LINKUSDT pair and possible scenarios for the future.
After the $53 high, there was a crypto market drain in May, which plummeted the LINK price by -70% to $15.00 . The strait was so strong that the previous high of about $20 didn’t even stop the price drop.
In June 2021, a drop confirmed that there is a group of buyers willing to buy LINK at $15.00.
In recent days, sellers pushed the price of LINKUSD below $15.00 to $13.50, but this happened on weak volumes. That is, the stops of those who gained $15.00 were not affected. Or at $15 was bought by investors who enter the position with a grid from strong levels and without stops, with expectations that there is a strong growth ahead?
For this assumption to be confirmed, buyers should not let the price drop below $12-13.
It is there that the intersection of a strong level and a dynamic channel is located, from which, according to history, growth began earlier.
The growth path can be of two types:
1) Recoilless (white) with top target about $34
2) With corrections (blue): $13 — ($18.5-19.50) — $14 — ($24.50-26)
Here it will be necessary to follow the market, what dynamics it will move
If the BTC price continues to drop below $28,000, then it is very doubtful that the Linkchain token price will be kept in the $ 12-13 zone.
Below this zone, the target for long buying is $8.20-8.80
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Link Broke out a downtrend! $link #linkThe link breaks a downtrend line and is ready to climb to the above targets.
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities.
I hope you find this analysis useful🌹
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💥LINK LIKELY MOVE- TO FALL TO $21 & RISE BY 50% TO $32Please support this idea with a LIKE👍 if you find it useful🥳
We have right here the inverted H & S in play. The left shoulder and the right shoulder has completed it's formation. Once price hit the neckline at $26.4 and fails to break it.
Then, I expect a reverse to $21 to complete the right shoulder. And once price breaks the neckline at $25.50 - $26.40, I expect a rise to $32.
What do you think?
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LINKUSDT (12H CHART) - Resistance BreakoutLINKUSDT (12H CHART) Technical Analysis Update
LINKUSDT (12H CHART) Currently trading at $21.8
Buy-level: Above $21.3
Stop loss: Below $18
Target 1: $25.6
Target 2: $28.8
Target 3: $32.4
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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LINKUSDT 1H long setup; Ascending triangle about to breakoutTA explained
Low TF long setup for LINK forming an ascending triangle after breakout of the parallel channel.
Trade setup
Best entries: 30.987 - 32.025
TP1: 34.025
TP2: 36.536
TP3: 39.441
SL: 29.665
RR: 4.41
Max leverage: 3x
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Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
Link is ready for Take offLink is showing some strong fundamentals recent days..
We see a breakout after the fifth try in the weekly chart..
Last 2 week's candles are so strong, even in the daily chart we see some solid candles.
I believe we 'll see at least 50% increase if the price shouldnt go below $48..
See the similarity of Link with the Wavesusdt weekly chart and guess what happens next..