LINK - 1D. We expect a retest of the range of $22-24We haven't updated our thoughts on the LINK coin for a long time. Our last idea for the scenario of a local fall worked, but it was a short-term target:
However, after that, the LINK market was waiting for a powerful collapse, during which the price hit the mark of $15 . The reason for such a powerful fall was two massive liquid zones, in which there were a large number of buyers stop orders . The first powerful impulse for the fall occurred after the breakout of the white trend line of buyers:
Buyers held this trend line from January 2021 and confidently defended it 4 times. The loss of control over the white trendline of buyers triggered a wave of decline in the important price range for LINKUSD $22-24. The importance of this range was noticeable back in January 2021:
Before the test of this range in January, buyers found it difficult as the resistance increased significantly. This is noticeable in terms of trading volumes. However, just below this range was the second liquid zone of buyers' stop orders. Having touched it, the LINK price made another wave of decline, which tested the mark of $15 . The positive thing in this situation is that in a few days the buyers managed to significantly rehabilitate themselves and raise the price by 100%. Thus, the price of LINKUSDT is now trading in the range of the previous all-time high of $32-35.
On May 20, sellers managed to keep this range and this became the reason for the continuation of the fall. For a confident continuation of the LINK price growth with a target of $42 , we will expect a retest of the range of $22-24 . If the local fall wave passes without much aggression, then we will gladly buy LINK from this range.
This scenario is confirmed by the LINKBTC chart:
The chart shows that buyers have kept the price of LINKBTC within the channel and the prospect of continued growth is quite high. However, without price fixing above the liquid range, we would not be in a hurry to buy Chainlink.
Linkusdtrading
LINKUSDT - go down! I think we will go down!
Now I have no reason to buy!
Perhaps the situation will change!
For me, a better buy would be the $16-$13 zone
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Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
LINKUSDT - locally trade
Let's go for liquidity!
Waiting to test the $25 level
Resistance could not be overcome!
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
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
LINKUSDT - intresting buying levelsPreconditions:
- big accumulation.
- drew interesting levels to buy.
- global trend up
- local trend up
trend break if the price goes below $12.
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
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.
LINKUSDT - new buy zone Past prediction.
Justified the purchase.
Now I think the buying zone.
Price came back for new position.
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
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/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.
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*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 ;)
LINKUSD LONG TERMI am very drawn towards a crypto bull run at the end of this year into the start of next year.
I have given a view on BTC to aid my bias for a bull run. It has broken important structure and I am waiting for it to retest the broken structure. This leads me to look at ALT coins because we know that BTC rules the market, what BTC does the other follows.
Lots of hype around chain right now and rightly so...look at the market structure and formations, we have seen lots of positive bullish movement for such a short space of time. BUT! it's incredibly young and IMO we will come back to $5-4 before the bull run, we don't even have enough data yet to draw accurate trend lines.
I think we will see $15-17 before the big dip I am biased about.
LINK/USD - upward channel
☝️ Price consolidation in green rectangle. The exit from which can give an impulse at least in the yellow taggants. The longer and wider the accumulation goes, the stronger the impulse will be.
👉 Movement in upward channel.
☝️ Cancel Long Scenario: The price drops down from the upward channel.
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!
LINKUSD - Won't resist this time...But I'm not sure at all after drawing fibo lines. To a continuation it needs a pump and hold that level around $3.75, if bears succeded and RSI goes lower we can expect to retest $3.00 or even ¢2.75 close to the VMA and wait for more action to come.
This time I'd be in the bear side due the latest "mainstream" good news you can find about LINKUSD recent run. Personally, and as a good contrarian, I think they are showing the opposite to get more people somehow involved in the crypto market and in a professional way get that value from all these weak hands ignoring how it is, and how it's going to be a new concept of market and/or value.
It's "The greatest transfer of value in history"! Now.
What do you think? Will it take us long to adopt this new form of P2P value exchange? Will it succed with all this never-ending money printing machine mode ON?
Thanks!