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LINKBULLUSD trade ideas

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
LINK: half road till $8.0 LINK is gradually and steadily moving to higher grounds. Two weeks ago a major panic on the banking market rocketed the prices of the crypto coins to higher grounds, however, LINK was the one to hold steady with an uptrend, making its growth in price more sustainable. LINK started the previous week by testing the $7.0 resistance line, and gradually, over the week reached the highest level at $7.66. Still, at the end of the week, some testing of the $7.0 support line is in progress. The RSI indicator continues to move above level of 50, indicating that the market participants are still more oriented toward the overbought side, which might support the price of LINK in the coming week. Moving averages of 50 and 200 days, are still moving as two parallel lines, meaning that the occurred Golden cross is still on hold. Markets continue to be fragile on all the news surrounding the banking industry lately, so there is some probability that volatility on the market will continue in the weeks to come. Considering that fundamentals are now playing an important role in defining the prices of coins, some precaution is advisable. As per current charts, LINK will start the week ahead by testing the $7.0 support line. There is decreased probability that this line could be breached to the downside. Current charts are more oriented toward the upside, in which sense, LINK might revert from the $7.0 support line and return to its road toward the $8.0 resistance line.
COINBASE:LINKUSD
by XBTFX
LINK: steady growthThe latest banking crisis pushed the crypto market to higher grounds. In a quest to save their deposits, many individuals and companies turned to the crypto market, considering that it is suitable both for holding funds and making payments or funds transfers. Although the main coins on the market were in the spotlight during the previous week, altcoins were also one to gain. LINK started the previous week around level of $6.3 and was pushed to the highest weekly level at $7.3. Compared with the main coins, it could be noted that altcoins gained more sustainable levels, which would probably take some time until they enter into any sort of significant reversals. During the strong push to the upside, the RSI indicator made an incremental move above the 50 level, and is ending the week at the level of 55. The indicator shows that it is still early for an overbought market and that the price of the coin still has space for the move to the upside. Moving averages of 50 and 200 days continue to move as two parallel lines, but the Golden cross from three weeks ago still holds. Markets are still under influence of fundamentals surrounding the banking system in the US. It will take at least another week for crypto coins to find their new levels. At this moment, LINK is testing the $7.0 resistance line and it will continue in the same manner during the start of the week ahead. In case that there is no further strength for the break of $7.0 resistance, then the coin might shortly revert to $6.5, with currently low probability for the $6.0 support line. On the opposite side, there is also a low probability for $7.5 to be tested in the coming week.
COINBASE:LINKUSD
by XBTFX