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LINKBULLUSD trade ideas

LINK: finally $8.0Markets are turning to the positive sentiment after inflation slows down in the US, however, they are still more oriented toward equities and major crypto coins like BTC, rather than other coins. Analysts are pointing that after a strong push in BTC price, the eye of investors is finally turning toward altcoins in order to maintain correlations and diversification of portfolios. Certainly, this point in time would be the one where LINK might benefit significantly. On a positive side is that currently LINK is making small progress toward higher grounds, still managing to hold its price relatively stable. During the previous week, the price of LINK was moving in a relatively short range, from $7.0 support up to $7.5 short term resistance line, however, as of the weekend, the price managed to finally reach the resistance line at $8.0. RSI was pushed from levels above 50, toward 62, indicating potential path toward the overbought side of the market. Moving average of 50 days modestly started to converge toward the MA200 counterpart, but it still does not indicate a potential cross in the coming period. Support line at $7.0 has been tested for a third week in a row, and without strength to break it, the coin managed to revert toward the $8.0 resistance line, supported by the market demand. RSI has still not reached a clear overbought side, which leaves some space for the price to hold $8.0 resistance. LINK will start the week ahead by testing this level. There is currently a lower probability that this level might be breached. On the opposite side, there is some probability for $7.50 support to be tested for one more time, with low probability for $7.0 support line.
COINBASE:LINKUSD
by XBTFX
History Repeats Itself with LINK?I have two different trading channels highlighted on the chart. The first predates the post-corona bull market. The second shows a long period of consolidation on the Chainlink weekly chart. The first channel lasted for a year before LINK exploded to ATH over $50. The second channel marks a year in May 2023. Chainlink has completed a full market cycle and if this period of consolidation matches the last one, we'll see some explosive moves upward from Chainlink sometime in the next six weeks. This upward move should find resistance at the 200MA, but that will also come about 2x from the current price point. Enjoy, NFA.
BINANCE:LINKUSDLong
by ChartswithChip
LINK: still not ready for $8.0Second week in a row that the markets are slowing down. On a positive side is that they are managing to hold within previously reached higher levels. Uncertainty over banking contingencies is slowing down, in which sense, some slowdown in new funds inflow on the crypto market is to be expected. Regardless of small moves during the week, it could be noted that LINK had a relatively good week, managing to hold above $7.0. It shows that investors continue to support this coin. The price of LINK moved in a relatively short range during the week, between levels of $7.0 and $7.6 at one occasion. It is evident that the support line at $7.0 has been tested during the week. It should be taken into consideration a holiday weekend in the western markets, in which sense, there has not been much funds in the flow to support price at higher grounds. RSI moved to the 50 line, which might be an indication that investors are slowly moving toward the oversold part of the chart. Moving average of 50 and 200 days still continues to move as two parallel lines, still supporting the Golden cross. The slowdown in price moves is evident on the charts. The $7.0 support line has been tested during the week, but due to low trading volumes, there has not been market strength to clearly break it. Still, charts are pointing to higher probability for a move to the down side, at least to the level of the short term support line at $6.5 during the week ahead. At this moment, there is no clear indication that the price could move below this level. On the opposite side, there is lower probability for price to test $7.5 short term resistance.
COINBASE:LINKUSD
by XBTFX
Altcoin special! - LINK/SOL/FTM/DOT/VETWe are already invested in Chainlink since the 20th of June 2022 and 14th of February 2023, back then we announced our first positions here on tradingview. Long #1 Chainlink ( LINKUSD ) AVERAGE EXECUTION PRICE: 6.17$ STOP-LOSS: NONE LONGERM Target: +90$ Long #2 Chainlink ( LINKUSD ) AVERAGE EXECUTION PRICE: 6.58$ STOP-LOSS: NONE LONG TERM TARGET: +90$ and more We are already invested in Solana since the 20th of June 2022 and 14th of February 2023, back then we announced our first positions here on tradingview. Long #1 Solana (SOLUSD) AVERAGE EXECUTION PRICE: 29.80$ STOP-LOSS: NONE LONGERM Target: +445$ Long #2 Solana ( SOLUSD ) AVERAGE EXECUTION PRICE: 21.68$ STOP-LOSS: NONE LONG TERM TARGET: +250$ and more We are already invested in Fantom since the 20th of June 2022 and 14th of February 2023, back then we announced our first positions here on tradingview. Long #1 Fantom (FTMUSD) AVERAGE EXECUTION PRICE: 0.412$ STOP-LOSS: NONE LONGTERM TARET: +6$ We are already invested Polkadot since the 29th of July 2022 and the 14th of February 2023, back then we announced our first positions here on tradingview. Long #1 Polkadot ( DOTUSD ) AVERAGE EXECUTION PRICE: 7.33 STOP-LOSS: NONE LONG TERM TARGET: 55$ and more Long #2 Polkadot ( DOTUSD ) AVERAGE EXECUTION PRICE: 6.01$ STOP-LOSS: NONE LONG TERM TARGET: 55$ and more We are already invested in VeChain since the 29th of July 2022, back then we announced our first positions here on tradingview. Long #1 VeChain (VETUSD) AVERAGE EXECUTION PRICE: 0.02449$ STOP-LOSS: NONE LONG TERM TARGET: 0.27$ and more!
BITFINEX:LINKUSDLong
by Mendenmein-Capital
1
LINK: higher grounds on holdMarkets were slowing down during the previous two weeks, and LINK was just following the flow. Previous week LINK started around $6.7 and gradually increased the price until $7.6, where was the point of weekly short reversal. LINK is ending the week around $7.5 support line. RSI continues to hold above level of 50, which indicates that the market is still more oriented toward the overbought side. Moving averages of 50 and 200 days continue to move as two parallel lines, which are still supporting the Golden cross occurred a few weeks ago. It is evident from charts that the markets are slowing down. So will the price of LINK in the coming week. There is a higher probability that the coin will test the $7.0 support line, however, there is no clear signal if the price could go below this level. On the opposite side, charts are showing potential for the $8.0 resistance line to be tested for one more time, but it is still not clear if this testing will occur in a week ahead.
COINBASE:LINKUSD
by XBTFX
LinkusdPretty self explanatory chart Buy here sell 10$ region doubt we see lower regions tbh have been accumulating this region for like a year First fundamentally recognised ecosystem coin for eth network along w aave and snx if that’s still a thing lol Longterm necessary to run the network with other strong fundamental coins such as uniswap Some coins have emerged a victors this bear market and I doubt any oracles will be performing like link next bull run as we’ve seen with other fundamental coins in pervious bull runs
BINANCE:LINKUSDLong
by oliver1234ol
Same idea on a smaller tfChainlink's blatancy while moving through this channel the closing triangle below $10 it's surprising. The range is going to change soon, for the better, one would hope. If you are like me and you feel that Chainlink is the next step in blockchain, web 3 and cryptocurrency. Then you believe that Chainlink will reach $1000. Then you should believe this. Bitcoin at $1000 in 2013 / 6.66 + 2 years = Bitcoin at $150 in 2015 x 133 + 3 years = Bitcoin at $20000 in 2018 Chainlink at $50 in 2021 / 6.66 + 2 years = Chainlink at 7.5 in 2023 x 133 + 3 years = Chainlink at $1000 in 2026 Ethereum is something else though. ETH gained 40,000% over 5 years. It outperformed bitcoin as far as that and volatility over a 5 year period. If Ethereum grows at the rate with Chainlink it could be worth $500,000 in 2026 while Chainlink is at $1000. Chainlink is already outperforming what Bitcoin did. What if Chainlink outperforms Ethereum?
COINBASE:LINKUSD
by Mycatdorito