Get started
3X Long Chainlink Token3X Long Chainlink Token3X Long Chainlink Token
DelistedDelistedDelisted

3X Long Chainlink Token

No trades
See on Supercharts
Overview News
Ideas
Discussions Markets

LINKBULLUSD trade ideas

Bullish Momentum Points in Chainlink Eyes $25!Recent Surge: LINK price witnesses a substantial 10.67% jump, highlighting an increase in buying pressure. Rounding Bottom Pattern: The ongoing rally in Chainlink aims to complete a rounding bottom pattern in the weekly chart, a bullish signal for potential trend reversals. Key Neckline: The neckline of the pattern is positioned at $18.38, marking a pivotal point for the bullish breakout. Breakout Potential: A successful bullish breakout could propel LINK prices toward the $25 mark. Market Dynamics: Bitcoin's recent climb to $43K boosts overall market sentiment, benefiting altcoins like Chainlink. Technical Indicators: The weekly 50 and 200 EMA indicate a golden crossover, a strong bullish signal in LINK's price chart. DMI Indicator Support: The VI lines in the DMI indicator show a bullish crossover, adding to the positive outlook. Current Trading Price: LINK trades at $17.27, showing a strong potential to challenge and surpass the $20 level. Year-to-Date Growth: LINK has seen a substantial 215% gain this year, making it one of the standout performers in the altcoin sector. Next Levels to Watch: If LINK sustains its upward trajectory, it could challenge the $20 mark and potentially approach the $23 level, aligning with the 38.20% Fibonacci retracement. Potential Reversal Risks: A reversal below the $17 mark could lead to a retest of lower support levels around $15.
COINBASE:LINKUSD
by Coinpedia-Market-Insight
1
LINK beautiful consolidationFrom first glance the next level looks 25 - 30 dollars to me. We are about to break this range soon. Im watching twitter and most people are predicting 100 - 150 dolars link, which will align with last bull market tops of some coins that reached around 100B MC, but i think people are underestimating how much money can flow in the market after the ETFs. Why cant blue chips reach 200 - 300B MC at the top of the cycle if the entire market is worth 7- 8 Trillion? We really dont know how wild things can get.
COINBASE:LINKUSDLong
by BGMind_Control
1
The Four Market phasesAccumulation: Makers accumulate assets before most investors. Range 6 months and higher after decline. This phase is usually marked by flat movement. Accumulation occurs in a gradual manner to avoid significant price changes. Advancing: The Market begins to grow upwards. A trend is formed, which gradually attracts more and more new investors, which subsequently leads to an increase in demand. As the market moves upward, other investors are encouraged to enter the market. As a result, the excitement affects more people who want to participate. During such a period, demand is much higher than supply. Distribution: Sellers sell their profitable positions to those who enter the market at a late stage. As a rule, the distribution phase is marked by a flat movement, which absorbs demand until it is exhausted. 4th stage - Decline At this stage, supply dominates and the price goes down almost nonstop. In other words, after a significant portion of stocks are sold, the market begins to move downward. Eventually, supply becomes much greater than demand, and a downtrend sets in.
BINANCE:LINKUSD
by Nxgencrypto
2
Chainlink Distribution Fractal (Warning) Fractal of Doom It seems that we have formed a distribution topping fractal here in Chainlink , the fractal of doom is back! Where did i get this fractal from? well its from the 2018 Bitcoin bear market. This fractal from 2018 all of sudden formed at Bitcoin all time high in 2021. And now its back! it seemed to have formed here on Chainlink! Looks very similar! , that higher high to bait everyone in before it rolls over! My view on why the top is in below. When I first discovered it January 2022
COINBASE:LINKUSDShort
by Sporia
21
Cryptographic Truth Final Run (Chainlink) (Re-Upload)The fractal continues to play out like the last Chainlink Cycle. I started to see a bump and run pattern forming, so I went back to 2019 where we are now in the fractal, and we find the same pattern: a textbook bump and run pattern. There is now a very high chance that we will reverse from this point; we just completed the throwback with a double bottom candle pattern. My position is still open from 14.6 and being added to the long position under 14. At the moment, LINK is consolidating under the 1/1 Gann Fan, as you can see below. According to the fractal, we don't get the real break till the 1st of December; it might look something like this. The condition for this theory on the fractal playing out being invalidated is if Chainlink loses this lower high structure and breaks this red support trendline.
COINBASE:LINKUSDLong
by Sporia
89
Chainlink The Moment Of Cryptographic Truth (re-upload)It is now the most important time in this whole fractal; it's been over 381 days, and Chainlink continues to mirror its past. Link is now in a Pennant pattern, which is a bullish pattern. The question everyone is asking is, is it over? Has it stopped mirroring? The answer to that is no; it has not stopped mirroring as of this moment. As you can see, even throughout this segment of the fractal, it's been a pretty close 1:1; even this deep pullback is very similar. It's extremely important that Chainlink now holds this higher lower structure for the fractal to play out its final move. Sometime in the next 24 hours, the price will reverse if the fractal is to play out. As I have documented in this large series of TAs, Chainlink is moving around 50% less than the last cycle. Even this move up from the start of this wave was about 50% less than last cycle. So if we measure from this point in time, 100% gets $26, which is one of many reasons my new target for this final wave is much lower than I expected. But as new information comes in, we change targets. We have a lot happening around that number. The 2/1 Gann Fan around the timeframe I set hits $27. We also have three Fib levels around that area: - 4.236 Accumulation level Fib - $24.4 - 4.236 Pennant level Fib - $28.9 - 0.5 Marco Level FIB - $28.6 So why the timeframe? Why December 15th to 25th? The first date is straightforward; it's when the fractal pattern tops out. So by December 11th, the price should be back at $16.5 if the timing of this is going to play out the same. The second date I set is December 25th. The reason why I chose that date is that the final wave in LINK's movement normally takes 14 days from the break of the range. If the fractal continues and it does breakout on December 11th, it's possible that the top would, in fact, be in 14 days from the range break, which would be December 25th. As long as Chainlink does not break this Pennant structure, everything is still under control. If the Chainlink closes under this support and creates a lower low, everything goes out the window pretty fast. It's the most important moment! Re-upload guys , TA was taken down under house rules , my bad.
COINBASE:LINKUSDLong
by Sporia
41
LINKUSD: Two buy entries for a 28.850 target.Chainlink is bear the 1D MA50, a support level that has been intact since September 18th (almost three months). Despite the strong pullback, the 1D technical outlook is only neutral (RSI = 46.740, MACD = 0.490, ADX = 23.241), suggesting that the trend remains bullish and rightfully so as the pattern since the September lows is a Channel Up. That emerged after the longer than 1 year accumulation phase ended. There is an interesting symmetry so far with the Channel Down (March-May 2022) that led to that accumulation and if it holds, then we might see the 1D MA50 break and the price entering the Symmetric S1 Zone. That will be our 2nd and final long entry. In both cases, we are targeting the R2 level (TP = 28.8500). See how our prior idea has worked: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:LINKUSDLong
by InvestingScope