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LINKBULLUSD trade ideas

LINK USD WEEKLY OUT LOOKLINK still looks absolutely amazing on the weekly time frame. Not much to do analysis on honestly. Still looks and seems extremely bottomed out. Still targeting 28.86(285% gains) and 38.22(412% gains). These are the times to dollar cost average into low risk and INSANELY high reward set ups. I absolutely love this set up with a wide stop loss at 4.96 Trade safe and remain patient when trading based off analysis on the weekly time frame. What’s everyone think?
COINBASE:LINKUSDLong
by crytobullmike
1
LINK: still looking at higher grounds?Overall, the previous week was positive for LINK as the price was moving exactly as it was expected based on technical analysis, which means that there is a solid diversification among investors in LINK. Daily trading volumes were modestly decreased compared to the previous week, which indicates that there could not be some significant price moves. LINK started the week above the support line at $6.0 and moved the price up to the level of resistance line at $7.0. Highest level reached was $7.2 as part of a resistance line testing. Since there was no strength to break this line, which is the impact of low trading volumes, LINK is ending the week at level around $6.8. RSI moved from 39 up to 45, but the indicator was slowing down as of the weekend. This might be an indication that the market still is not finished with the oversold side. Moving averages of 50 and 200 days continue to move as two parallel lines, without an indication that the convergence is in store in the coming period. Considering that there are no significant fundamentals around LINK at this moment, it could be expected that the general market sentiment will play an important role for determination of the price of the coin in the week ahead. In this sense, it might be expected that the LINK will take another round between $6.0 and $7.0 support and resistance lines. At this moment, it is perfectly fine, because if the support line at $6.0 resists selling orders for one more time, it will open a path for LINK to move to the higher grounds in the future period.
COINBASE:LINKUSD
by XBTFX
Link - Long Risky TradeFor today we have prepared the following trading idea with which we are aiming at taking advantage of a possible upwards movement in Link. This time though, we have left the risk parameters more fluid, which are to be based on your risk appetite. Reason for this is that on one hand we are applying leverage of up to 20 to the trade and also having ambitious exit goals. LINK — LONG Entry: current market Targets: 20% | 30% Leverage: 20x SL: based on your risk appetite
COINBASE:LINKUSDLong
by Atlas-Horizon
6
LINK: eyeing oversold marketPrevious week LINK started by testing the $0.7 support line, but due to generally decreased market optimism, this level has not been breached. Instead, general moves on financial markets after Chair Powell's speech, pushed the coin to the downside and level of $6.4 where the coin is ending this week. At the same time, it is worth noting that LINK increased its coins in circulation by 4.5% w/w, which is showing some positive developments regarding this coin. RSI was modestly pushed down from level of 42 to the level of 34. Oversold market has not been reached, but it is evident that the market is eyeing this side. Moving averages of 50 and 200 days continue to move as two parallel lines, still not indicating that potential cross is in store anytime soon. At this point, charts are suggesting that the market is still eyeing downside, with prevailing selling orders still on the market. In this sense, there is a probability that LINK will move to the support line at $6 to test it in the coming period. With such a move, RSI would reach a clear oversold side, indicating that the reversal is coming. On the opposite side, there is a low probability that the LINK will head toward this resistance line to test it once again.
COINBASE:LINKUSD
by XBTFX
1
Chainlink lesson.Today I am posting brief . This is Chainlink on daily chart moving in downtrend channel from ATH above circa 50 $. It's technically in bear market as other tokens and altcoins, below MA200 weekly. I added some Fibonacchi and Fib circles. This chart also contains green historical support. Fractal showing how could, or would progress into a near future. Fundamentals are also against BTC and Ethereum projects. Lower mining income could lead them to capitulate. That way miners difficulty go down. ... that's why and how I 'm think LINK probably melt below 3 Dollars and visit Fibo 382. Let it monitor. Emv o. *This is not any financial advice.
COINBASE:LINKUSD
by Emvo10
6
LINK PERSONAL ANALYSIS IN THE SHORT TERM (WOW, POTENTIAL!)The total evaluation for the LINK asset is bearish, however a sudden dump would almost always warrant a potential re-test of the said lost support. We have 2 confirmation candles on the daily signaling a potential reversal as well as the amazing volume profile range to indicate that we are currently sitting at a valuable support of 6.80-7.20$. We probably wouldn't see any extreme dumps for a while considering how the SP500 and the NASDAQ (despite their mega bearish scenario) will often retrace before a further dump. Please be mindful of your risk, go to sleep with a stop loss so you won't suffer any forms of insomnia or paranoia. --------------- You like the chart? That's great, use it! Bookmark it, save it -- its yours, for free. Don't forget to comment, share, and boost the post!
KRAKEN:LINKUSDLong
by Wamses
1
LINK: testing $8.5 is (not) over?Since the beginning of August, LINK had a good period, where the price of the coin was pushed to the higher grounds, up to the long term resistance level of $9. Since this was a moment when the market reached its clear overbought side, it was expected that the coin would start with a short term reversal. LINK started the previous week around level of $9 and soon started its down trend to the level of $6.8, where the coin is ending the week. With the latest moves, RSI was pushed from the level of 70 down to 37. Oversold market has not been reached during the week. At this moment, charts are not pointing that the coin is still ready to reach this side. Moving average of 50 days is quite modestly converging toward its MA200 counterpart, however, there is still significant distance between them, in which sense, it is too early to speak about golden cross formation. Current charts are pointing that LINK will start next week by testing the $7 support line to the downside. There is no clear indication that this line might be breached, instead it could be expected a short reversal to the upside. In this sense, resistance at $8.5 might be a next target for LINK in a week ahead.
COINBASE:LINKUSD
by XBTFX
Link Bounce or DieLink has been struggling in a subrange but has painted many bullish patterns that suggested a rise to higher levels. One of which is a diamond bottom reversal pattern that I covered previously. It also broke out on the upside of a bearish descending triangle and currently retesting it and the support of a rising channel. the RSI has been in an uptrend while price is stagnant forming many bullish divergences. The current price point should lead to an upward reversal. If price breaks down the supports of the patterns, we will see further downside. I am not of the opinion that the market will crash catastrophically at the moment as many pundits are predicting, if this should happen it will be in September which has been a consistently red month in the cryptoverse.
KRAKEN:LINKUSDLong
by nagihatoum
4