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LINKUSD trade ideas

LINKUSD Is it about to catch the world's attention again?Almost 1 year ago (October 25 2023, see chart below), Chainlink (LINKUSD) gave us an excellent long-term buy signal after breaking above the Bear Cycle's Lower Highs: Our 20.000 Target was hit and shortly after the price started to decline inside a 7-month Channel Down, which is still dictating the price action. Since the August Low though, the price has been rebounding on the 2023 Resistance, which we can now consider that it turned into Support. This cyclical behavior was last seen during the previous Cycle when after a 2.618 Fibonacci extension reach, the price entered a multi-month correction below the 1W MA50 (blue trend-line) and then recovered for the 2nd and final (and most powerful) rally of the Cycle. This is exactly what we've been seeing this time around also. See how similar the 1W RSI sequences also are between the two fractals. As a result, we expect LINK to start rising aggressively, even on this month. The previous Cycle topped on the 4.382 Fibonacci extension, so assuming this will be targeted again, we expect to see 53.00 by mid 2025, which is almost its All Time High. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:LINKUSDLong
by TradingShot
4
LINK BULL STADUS: ACTIVEPATIENTS with LINK. As BITCOIN moves up, LINK will also. As I began to check my smart money movements; the 1WK TF is fully loaded with money flow. Those who go long will be successful. Many will enter the trade late, these are the traders who want an analysis fixed to their satisfaction which is always impossible to meet that need because it will never happen. FOMO is a horrible action. LINK is in entry status and even if LINK devalues by little, the devaluing will be likened to a cupcake-size.
COINBASE:LINKUSDLong
by The_ForexX_Mindset
4
Link to 875%Chainlink (LINK) is one of my newest investments. There is ongoing Early Access for Chainlink staking (I will post link in comments) for all intersted holders. This is trade (investment) setup on larger timeframe. I am not looking to reach targets 2,3,4,5 and 6 very soon, that could be year(s). I will sell most of my capital on targets 3,4 and 5. Small portion will be sold on Target 1,2 and hopefully 6. Entry Zone: 6.91 – 8.93 Buy Zone 1: 1.50 – 2.81 Target 1: 16.49 – 18.90 (87%) Target 2: 26.72 – 29.03 (203%) Target 3: 35.82 – 38.72 (303%) Target 4: 50.86 – 54.13 (471%) Target 5: 70.53 – 73.48 (693%) Target 6: 86.89 – 90.92 (875%)
BINANCE:LINKUSDLong
by Abmoon
17
Chainlink: Let’s go!LINK dropped significantly in the last seven days and even briefly undercut our turquoise Target Zone (between $8.20 and $10.90). However, as it was able to turn around quickly and only undercut the range by less than 1%, our count remains intact. We now see the turquoise wave 2 as completed and expect an upward push above the resistance at $20.85 in the further course. Investors could open long positions within our Target Zone. Stops could be placed around 1% below the lower edge. Should the bears push the price significantly below the Zone (37% likely), we will have to anticipate a lower low of the turquoise wave alt.2
BINANCE:LINKUSDLong
by MarketIntel
2
Chainlink Business As Usual It might seem like a shock for most that Chainlink had this big move down, but if you have spent a lot of time studying Chainlink's last cycle, you would know that this is business as usual. The fact that Chainlink had this move has made me more bullish than ever. We are currently 64% down from March 2024. Crazy? I think not. 71% 71% 62% 44% These are all the corrections Chainlink had during its last cycle to its all-time high. All we are doing is a back test to this previous range. Chainlink was doing the same thing last cycle. If we overlay the last cycle over this starting from wave 5, we can see that we have had a crash during the same time of the cycle as we did in March 2020 (Covid). Crazy. I would not be surprised if Chainlink closed above $11 by the end of the week, just above the 1:1 Gann Fan, and started a V-shaped recovery, marking the bottom. There is a very high chance. Once again, my time fibs hit right on the money. The blue fib marked the bottom, and the yellow marked the top! **Next date: 18th Nov 2024**
COINBASE:LINKUSDLong
by Sporia
10
Chainlink Business As Usual It might seem like a shock for most that Chainlink had this big move down, but if you have spent a lot of time studying Chainlink's last cycle, you would know that this is business as usual. The fact that Chainlink had this move has made me more bullish than ever. We are currently 64% down from March 2024. Crazy? I think not. 71% 71% 62% 44% These are all the corrections Chainlink had during its last cycle to its all-time high. All we are doing is a back test to this previous range. Chainlink was doing the same thing last cycle. If we overlay the last cycle over this starting from wave 5, we can see that we have had a crash during the same time of the cycle as we did in March 2020 (Covid). Crazy. I would not be surprised if Chainlink closed above $11 by the end of the week, just above the 1:1 Gann Fan, and started a V-shaped recovery, marking the bottom. There is a very high chance. Once again, my time fibs hit right on the money. The blue fib marked the bottom, and the yellow marked the top! **Next date: 18th Nov 2024**
COINBASE:LINKUSDLong
by Sporia