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LINKBULLUSD trade ideas

LINK SHORT SIGNAL H4 Hello friends, In the Link cryptocurrency, we have drawn a resistance level represented by the red line, which has been penetrated by a spike candle. This allows us to consider a short position on this currency. I have identified two patterns for the continuation of Link's movement. The first one involves a pullback to higher areas, where liquidity exists. The second one occurs without a pullback, indicating a high selling pressure scenario. I suggest paying attention to the specified ranges based on your trading setup. My personal recommendation is to be patient until the trendline is touched. I would be happy to hear your opinions. Wishing you happiness, health, and success.
BINANCE:LINKUSD.PShort
by jawad369
Chainlink 50 % drop may come sooner than you thinkLink like many other altcoins remains bearish. For a time being the price seems to be getting rejected from the upsloping resistance line. We still expect 50 % drop. $3,50 - $3 can be a good area to accumulate link for the next bull market. It would be approx. 94 % drop from the all time high which sounds reasonable if we look at the altcoins % decrease in the previous bear market. Buying at $1,50 would be a gift, but it´s not sure if the market is gonna be not so generous. Chainlink is one of the projects that we believe in as its fundamentals are strong.
BINANCE:LINKUSDShort
by vf_investment
16
Link analysis: short/long term planChainlink is back in its trading range following a sharp short squeeze that caught many retail traders off guard. Often, these traders start shorting too late, especially when they expect further declines due to Bitcoin's price swings. I anticipate the price will likely move sideways for a while, all the while increasing open interest—playing directly into the hands of greedy exchanges and market makers. If you're actively accumulating LINK but are concerned about potential price drops of 20% to 50% and your prone to capitulating often, consider opening a low-leverage short to hedge your position. This could also allow you to benefit from any available funding. If the price continues to decline, you can close your short position and dollar-cost average your way back in, using the profits to enhance your position.
COINBASE:LINKUSD
by BigLava
Will A Channel Breakout Boost LINK Price By 15%?LINK price shows a falling channel breakout on the 4-hour chart. A potential golden crossover due to the rounding reversal in the 50 EMA. The breakout faces supply challenges at $6.25. LINK price has been in decline for the past two months, with a 30% drop to $5.85. A 6% jump led to the breakout, challenging the resistance at $6.25. A missed alignment with Swift's experiment with Chainlink's CCIP. Chainlink's recent achievement increases chances of its global adoption. LINK's current price is $6.14. Positive RSI and MACD indicators. Potential to surpass the $6.85 mark; possibility of reaching $7. Downside risk: Rejection at $6.85 may lead to a $5.66 downtrend upon $5.85 breakdown.
BINANCE:LINKUSD
by Coinpedia-Market-Insight
LINK: Is Chainlink Ready for Another Pump?Technically, this is a bullish setup for COINBASE:LINKUSD as there is a bounce of the EMA and Trendling, and this is an area of interest to traders. I had a look at fundamentals that could invalidate this analysis, but I couldn't find anything, so the bullish bias is intact. So we have our Stop Loss on $7.2 and we will take profit at $8.5 Once the price gets to $8.1, we move Stop Loss to entry This is my analysis of LINK If you like this analysis, kindly follow me now and support my idea Also, let me know what you think about this analysis through the comment box. Cheers!
COINBASE:LINKUSDLong
by CryptoNiche
11