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LINKUSD trade ideas

LINK: market loves LINKOne look at the chart from the last week and first thought is that the market just loves LINK. This is one of the best performing altcoins during the increased market optimism which was evident during the previous week. Although LINK started the week struggling around $6,5 level, the price soon went to the higher grounds, breaching the $7 resistance and ending the week by testing next resistance at $8,0. For some time in the past, we have been mentioning that investors see high potential in this coin, and its increasing use among crypto practitioners and networks. RSI indicator started the week below 50, but it is clearly heading toward the overbought side of the market. Currently, the indicator stands at level of 65, missing 5 points until the clear overbought market side is reached. Moving averages of 50 and 200 days started to modestly converge toward each other. There is still distance between them, but at least there is some indication that a potential cross might occur some time soon. LINK had a strong push in price during the previous week, in which sense, if some short reversal occurs in the coming days, it should not be a huge surprise. On the other hand, there are still prevailing buying orders as of the end of the week, which might push the price even to the level of $8,5 during the week ahead. It should be taken with precaution, as short reversal also might occur, at least to the level of $7,5, with low probability that support at $7 might be tested.
COINBASE:LINKUSD
by XBTFX
Crypto ChainLink (Overdue Breakout is upon us)View On ChainLink LINK/USD (20 Feb 2023) Crypto ChainLink LINK/USD is mainly in the big swing mode for the nearly a year now. I reckon we are in for the BULLish mode as the low regions such as $5~$5.5 are accompanied by the strong rebound with big volume. We have better odd in staying on the Buy side. It should retest $9.25 region and $11 region soon. Let's see. DYODD, Our trade analysis may not suitable to intraday (or) short time frame trading. Whatever method you use if you do not follow the proper rule of risk management, it will have detrimental effects on your account. Feel Free to "Follow", press "LIKE" "Comment". Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
COINBASE:LINKUSDLong
by SonicDeejay
✴️ Chainlink 5X Lev. (~100% to 390% Potential)My dear friends, I am back providing you with great content... The intention is to share my view and opinion and for us all to learn and be entertained. Trolls... Stay away, this is for true followers only and responsible, adult, conscious people. If you don't know how to approach a lev. trade then please, stay away, do your research first, study because I am no financial advisor. This is my view of the charts and trading involves risks regardless if you buy with or without leverage/margin, crypto or stocks or anything. In fact, most everything in life posses some sort of risk, so keep in mind that each individual human being, soul, is responsible for his/her own actions. I am writing all this because people will troll me in the comments section saying it is illegal to share my ideas... Trade ideas... It is just that, an idea. This can be a success or a failure... That is for the market to decide. What we know for certain is the potential vs risk. The market situation, how the chart is looking, etc. We are live with 5X on LINKUSD. I will share the trade numbers with you: ----- LONG LINKUSD 5X Entry: 6.10-6.60 Stop: Close daily below 5.75 Liquidation: 5.226 Targets: 1) 7.10
2) 7.70
3) 8.20
4) 9.0
5) 10.0
6) 11.5
 Capital allocation: 3% Potential profits: 390% ----- Trading with lev. is high risk and recommended for experts only. If you are a beginner start with spot trading and once you are successful at it for 2-3 years then make the leap. If you want to start right away be aware that there is a price to pay to learn. Liquidation can result in your entire position being lost. If one cannot take a loss, one cannot trade. Losing is part of the game as much as winning... In fact, we tend to lose more than we win overall... But we win in the end if we learn from our mistakes. Thank you for your continued support. Feedback is appreciated in the comments below. Namaste.
BITMEX:LINKUSD.PLong
by AlanSantana
10
✴️ Chainlink Still Within Consolidation Box (165%+ Potential)Chainlink (LINKUSD) is still trading near its bottom, literally still sideways within its consolidation box. While our leveraged trade is already way ahead in profits, the true action is yet to start. 19-Jan. ✴️ Chainlink 5X Lev. (~100% to 390% Potential) Lets have a look at the different resistance levels. We have 7.917 as immediate resistance, easy to takeout. This is followed by EMA50 at 10.25, easy since we've seen other pairs flying through this barrier. We have 12, 16 and 20... The full details can be found in the trade idea above. Thank you for reading. Namaste.
BITMEX:LINKUSD.PLong
by AlanSantana
LINK: slow movesIt was a relatively modest week for LINK. There was a general negative market sentiment on the crypto market, so LINK could not make any sort of general moves, instead, the coin was slowly moving between levels of $7.2 and $6.7. There has been an interesting development on Thursday, when the price suddenly moved till level of $7.8, which has been followed with significantly increased trading volumes. However, the price swiftly reverted to previous levels. Although there is no further information on this transaction, it still to some extent shows that LINK has a strong potential. The RSI indicator moved to the down side, but it is still holding modestly above the level of 50. It shows that the market is still not ready to head toward the oversold side. Moving averages of 50 and 200 days continue their dance as two parallel lines, which lasts from December 2021, still not providing any glimpse that the long awaited cross might occur any time soon. Current charts are pointing that LINK might continue with its slow motion moves also in the coming period. Certainly, the resistance line at $7.0 is currently tested and is going to be tested during the following days. On the opposite side, $6.7 might be a short term stop for one more time, with decreased probability for $6.5 support.
COINBASE:LINKUSD
by XBTFX
1
LINKUSD Is it finally moving?Chainlink is consolidating around the 1day MA200, being slightly more bullish as the 1day MA50 is holding. Today's highly volatile 1day candle is evidence that the market is prepared to move higher. The Channel Down on the RSI could be a Bull Flag as it was in October. We are buyers with 8.200 the short term Target. Next buy above Resistance A with our Target a bit lower than Resistance B at 9.4500. In the same sense, below Support A, we turn to selling with 5.7000 our Target. Follow us, like the idea and leave a comment below!!
BINANCE:LINKUSDLong
by TheCryptagon
5