LINK-USDT 8h chart reviewHello everyone, let's look at the 8H LINK to USDT chart, in this situation you can see that despite a slight price rebound, we are still in a strong downtrend channel.
Let's start by setting goals for the near future, which include:
T1 = $12.10
T2 = $12.90
T3 = $13.91
Let's now move on to the stop-loss in case of further market declines:
SL1 = $11.07
SL2 = $10.03
SL3 = $8.37.
In this situation, it is worth paying attention to the RSI indicator, where we are again approaching the upper limit, which in previous situations resulted in a price correction.
LINKUSDT.3L trade ideas
Link/USDT Short
This is what I believe that will happen to Link/USDT in the next couple of days since now and accordingly the other coins around. Since 2022 I think Link's behavior has been a good indicator of the whole crypto currency market, even shows BTC next move. So I'd bet on a good 10% drop of Link. BTC will be less affected.
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LINKUSDT Elliott Waves Analysis (Investment idea)Hello friends.
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Everything on the chart.
Entry: market and lower
Targets: 30 - 60 - 100
after first target reached move ur stop to breakeven
Stop: ~6 (depending of ur risk).
ALWAYS follow ur RM
risk is justified
It's not financial advice.
DYOR!
LINK - Bullish Control Soon...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈After rejecting the $20 round number, LINK has been in a correction phase in the shape of a falling channel marked in orange.
Currently, LINK is hovering around a strong structure, support and round number $10.
🏹 Once the orange channel is broken to the upside, we will expect the next bullish phase to start leading to a movement towards the $20 mark again.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
#LINK/USDT#LINK
The price is moving in a downtrend on the 4-hour frame and is about to break upwards
We have a trend to stabilize above the moving average 100
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards
We have a major support area in green at a price of 9.70
The price rebounded from it
Entry price 10.00
First target 10.50
Second target 11.02
Third target 11.87
CHAINLINK long setup / Bulls or Bears, Tell me in CommentsBINANCE:LINKUSDT
COINBASE:LINKUSD
Hello Traders
💥Long position on LINK
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
10.62
10.72
10.85
10.94
11.08
11.20
🔴SL:
9.99
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
LINK Long Position (Consolidation Breakout)Market Context: LINK has been consolidating at support for the last six weeks, and this provides an opportunity to ladder into a long spot position with a favorable risk-reward ratio.
Trade Setup:
Entry: Enter a long spot position around $10.20.
Take Profit:
First target: $12.00 - $13.00
Second target: $16.00 - $17.00
Stop Loss: Just below $9.30
📊 This setup capitalizes on the consolidation at support with potential upside targets in a bullish market environment. #LINK #Consolidation #Crypto
LINK LONG M15Crypto Introduction
Chainlink is a blockchain-based middleware, acting as a bridge between cryptocurrency smart contracts and off-chain resources like data feeds, various web APIs, and traditional bank account payments. This way, Chainlink allows Smart Contracts to communicate with external resources on their own. LINK is an ERC20 token based on the Ethereum Blockchain. It is used to pay Chainlink Node operators for the retrieval of data from off-chain data feeds, formatting of data into blockchain readable formats, off-chain computation, and uptime guarantees they provide as operators. The Chainlink token is also used as a collateral for node operators, which prevents bad actors.
LINK BUY-LONG SIGNALLINK BUY-LONG SIGNAL
We see LINK is getting some momentum and broke out the downtrend.
If it close above 10.81 then it could potentially got up to the below targets
TP1 11.20 (close 25%)
TP2 11.70 (close 25%)
TP3 12.55 (full close)
SL Under 10.47
We will keep checking the charts for a chance to trade LINK
For now lets see what happens before we open Long/Buy positions.
LINK — Approaching a Critical MomentChainlink (LINK) is again about to challenge the upper boundary of its descending channel. This barrier has been in place for most of 2024.
Each time LINK tested this upper trendline, it faced rejection. However, the pressure is building for a potential breakout.
Key Technical Points To Watch
Descending Channel: LINK has been stuck in a descending channel, continuously forming lower highs and lower lows.
Resistance: A breakout above the descending channel marks the first and most crucial step. However, LINK still faces multiple resistance levels on its journey higher. As a first challenge, LINK has to break past the $12–$14 zone, which has acted as strong resistance in the past.
Mid-Term Target After A Successful Break Out
Breaking out of the descending channel should ignite a massive upward move. The mid-term target for this breakout is around $28, representing a substantial rally from current levels.
Intermediate Resistances
On the way to $28, LINK will need to clear several hurdles:
The $14 resistance level (historical rejection zone)
Given previous price action, the $16–$18 range could act as a barrier.
What Else You Need To Know?
Watch the Volume: A breakout without a significant volume increase may lead to a false breakout.
Market Sentiment: Logically, the broader crypto market sentiment will also play a crucial role in LINK’s performance. If Bitcoin and Ethereum continue showing strength, it could provide the tailwinds needed for LINK to make a decisive move.
LINK Long IdeaLINK
Entry: 11-10.5
TP: 11.4- 11.8- 12.0 - 12.2
SL: 10.35
I'm bullish on LINK monthly chart being in the golden ratio zone, its great to accumulate some here in spot and TP at 30-40% in 1-2 months but here's a setup for short term scalpers. Despite being a bit bearish on BTC, remember to stick to your SL
LINK Long-Term Entry OpportunityLINK has recently touched the bottom purple support again. After 4 touches, this support seems to be an important level for traders.
To optimize our entry, we're going to wait for the price to touch the support again in the coming weeks. With a stop below the recent fear-low and a target around the current all-time high we can construct a very decently bullish trade.
Keep in mind that it's a risky bet. BTC is slowly bleeding and alts overall look bad. However, a R/R over 20 when trading from an established long-term support is worth a bit of risk.
LINKUSDT 1D Possible corrective patternLINKUSDT 1D Possible corrective pattern
In the 1D time frame, all levels are magnified and corrections that occur in smaller time frames are insignificant.
Levels to take into consideration:
SL 9.80 This level is in line with the lows recently marked.
SL1 8.50 Just below the bullish trend line and already recently reached.
SL2 5.75 This would be a purchase and accumulation zone.
TP 15 in case the 0.618 of the last bearish section is corrected before looking for the purchase zone at 5.75.
Chainlink (LINK): Target Has Not Reached Yet!H&S pattern is still in process for Chainlink coin, where after breaking the neckline zone we are now seeing price slowly trying to push toward the lowest target zone here.
So our gameplan remains the same; we want to see that zone to be reached!
Swallow Team
Link: Signs of life?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Bullish Take:
Breakout Possibility: The price has been testing the downtrend line (blue line), and a potential breakout above could lead to a bullish rally.
Key Levels to Watch: The next target after a breakout is the $10.812 level.
Recovery Formation: The price is hovering near a critical support level at $9.910, and if it breaks and holds, this could trigger a bullish reversal.
Bearish Take:
Downtrend Still Intact: The price remains under the blue trendline, suggesting the downtrend is not yet broken.
Support at Risk: If $9.910 fails to hold, the next support lies around $9.329, which could lead to further downside.
Lower High Formation: The chart shows a series of lower highs, reinforcing a bearish sentiment unless a strong breakout occurs.
In summary:
Bullish outlook if price breaks the trendline and moves above $10.812.
Bearish outlook if price breaks down below $9.910, potentially leading to $9.329.
Trade Safe,
Trade Clarity.
LINK : MASSIVE Profits Possible from THIS ZONEA Bearish Head and Shoulders pattern formed in the weekly, and we're not quite out of the woods yet - usually, a H&S retraces all the way back to the bottom of the left shoulder. In this case, it falls exactly at the ideal buy back zone:
It's good to see that the trendlines are moving CLOSER together - if you look at historic prices, this usually precedes a time of range trading, followed by another impulse wave up. The wider the trendlines are apart, the stronger the sentiment (bearish if under, bullish if above):
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BINANCE:LINKUSDT