LINKUSDTThe main bullish count is shown on the chart. We are forming a wedge pattern unless the fifth wave expands to the level highlighted on the chart. I will also share an alternative idea for LINK.
LINKUSD trade ideas
LNkUSD forecastHi traders;
According ETHUSD forecast;
Cryptocurrency Market has a jumb before market reversal and start downtrend
Link Usd movement for the next 2 weeksi see that a historical movement from february 2022 is being repeated in real time.
Chainlink Bullish targets 2024Basic thesis as on chart using EWT along with channel
Confluence with Fib and trend based fib
TP predictions
26
33
43
63
LINK- Re-accumulation w/SpringBIST:LINK
Is a Wyckoff Re-accumulation w/Spring about to jump the creek...?
LINKUSD is approaching an important resistance areaHey Traders, in today's trading session we are monitoring LINKUSD for a selling opportunity around 14.400 zone, LINKUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 14.400 support and resistance area.
Trade safe, Joe.
$LINK at CRITICAL SupportCalling All LinkMarines!
BIST:LINK has been in a bearish downtrend
Broke both its trendlines, and price fell below the 200MA and BMSB
Now at a critical .382 fib support
If $11.50 doesn’t hold, we’ll see a 25% dump to the .236 fib which is ~$9.25
Chainlink Long Position SetupHigh degree timeframe setup of Chainlink this will support the price action. After hitting this area I'm expecting a serial bullish reversal. Start to DCA here.
LINKUSDT
As previously mentioned, I anticipated the price to reach approximately 10.6 levels when it was trading around 14 dollars. Today, LINK has reached 11 dollars, which may represent the bottom. The head and shoulders pattern has not yet been confirmed and appears more likely to be manipulative.
LINKUSD: Approaching Critical Support – Major Move Ahead?Introduction:
As we navigate through 2024, LINKUSDT finds itself at a pivotal juncture. The cryptocurrency has reached a significant support level, and traders are closely monitoring its next move. Will it hold or will we see a substantial correction? Here’s a detailed analysis of the potential scenarios unfolding on different timeframes.
Weekly Timeframe Analysis:
LINKUSDT has reached a crucial support level at $13.1, the most important one for 2024. A breakdown below this level could trigger a sharp correction down to $7. This move would likely lead to a retest of the accumulation zone built over the past year.
Key observations:
Price Action: The price has failed to establish higher highs in the last three peaks.
RSI Divergence: The RSI is forming lower highs, signaling weakening momentum.
Volume Analysis: Decreasing volume during the formation of the accumulation box indicates low buying interest.
Given these factors, there's a strong possibility that the accumulation box will break to the downside.
Daily Timeframe Insight:
A head and shoulders pattern appears to be forming on the daily chart. The price is currently testing the neckline. Should the $13 support fail and a daily candle closes below this level, we could see a significant correction – potentially around 40%, aligning with the head and shoulders target.
4-Hour Timeframe Outlook:
In line with the bearish higher timeframes, if a candle closes below $12.97 on the 4-hour chart and the RSI enters the oversold territory simultaneously, it could signal the start of a new bearish wave. The first target for this move would be $10.63.
Conclusion:
LINKUSDT is at a make-or-break point. The critical support levels identified across multiple timeframes suggest that traders should be prepared for significant volatility. Whether it’s a breakdown or a rebound, these levels will be crucial in determining the next major move for LINKUSDT. Stay vigilant and adjust your strategies accordingly.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always do your own research and consult with a financial advisor before making any investment decisions.
LNKUSD FORECAST hi traders
We have engulf in specific low that's sign of market direction so LNKUSD is downtrend
chainlink bearish?chainlink is currently showing a head and shoulders pattern, if this does break down a good price to try and get in at will be anything under $9. after link accumulated last year it never retested the breakout.
if we see one last dump/capitulation then this would be a target.
LINK/USDTThe Bottom Area Of Second Wave 8.9-10.5$
Thırd Wave Target Wıll Be 121$ As The Lowest.
The Approxımate Date For The End Of Second Wave Is Between 27th Of July- 28th Of August
Long your longsPitchfork still playing out
Can we just get some decent price action already, volume suggests this may be within next 1-4 weeks,
Good luck
Are the lows in ? This idea holding true for now,
We have a $12 low on the cycle low.
We could range here for another 1-5 weeks then move up.
Long trade Entry 1min TF
Friday 14th June 24
19.45pm
Tokyo Session
Buyside
Entry 14.742
Profit level 16.241 (10.17%)
Stop level 14.546 (1.33%)
RR 7.65
Chainstink About To Smell Good?Chart long term looks very good with the view that $5~ was our stone bottom and we are early days of what appears to be a new bull trend - structure off the bottom is textbook impulsive and is giving me more confidence in this forecast - Accumulating here seems to be a decent play for a long swing to capture a potential upcoming alt season.
Chainlink investment technicalsThe cycle low consolidation located atop the golden ratio of the primary cycle indicates a new cycle, after a similar pattern to last (2018-2019)
The new cycle is on track with last (2019-2020) with a potential for breakout indicated by market structure..
Bitcoin is coming to 60% of the market, meanwhile massive altcoins stay at relatively lower market capitalization relative to bitcoin. (keep in mind bitcoin is at ATH now and above important moving averages)
Link/Sol- time to rotate ?This chart has looked awful for a very long time,
I’m sure everything against sol looks awful right now,
If you are considering where the gains may be, possibly rotating your sol to LINK could be a good move
Good luck out there
Link Usd Long TradeA historical movement from Dec2019/Feb2020 is being repeated in real time.
This is a 3 to 4 weeks trade.
Risk to reward is 1:9.
Be patient.
This is a waiting game not a trading game.
ChainlinkLink is heading to 28-32
Marketcap would be close to 20 billion
Weekly rsi is currently at 60 and should between 80-90 if we go up to 28-32.
Looking forward to when Link consolidates above 28. Still early.
Don't Bet on #QUANT. CHAINLINK is the clear leaderThere will be sympathy pumps by #QNT
But I suggest betting on the best in breed with the visionary/genius founder (SN)
#LINK should outperform QNT by 2:1
as the inverse head and shoulders suggests
