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LINK 3x Long / Tether

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LINKUSDT.3L trade ideas

LINK : Still +50% UPSIDE Possible📉Hi Traders, Investors and Speculators of Charts📈 Chainlink / LINK is an altcoin that still has massive upside potential for the coming bull season. If you have been following me for a while, you'll know I've been saying we are trading in the opening moments of a new bullish cycle . I've also referred to this as Elliot Wave Theory Wave 1. According to my plan, this is the first impulse wave towards the upside. But the upwards wave are always followed by correction waves; a natural part of any cycle. I expected the correction phase to be close to/ before the BTC halving which is in April. For the near term, I'm expecting LINK to trade range between the upper resistance and lower support as pointed out on the chart, roughly $2 up or down. This is a great re-accumulation zone, incase you missed the first lower-accumulation entry point. If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck CRYPTOCAP:LINK BYBIT:LINKUSDT.P BINANCE:LINKUSD.P BINANCE:LINKUSDT COINBASE:LINKUSD
Long
by CryptoCheck-
6
LINKUSDT.3HBased on the provided market data for LINK/USDT: - Current Price: $13.90 - 4-hour indicators: RSI is 31.30, MACD is -0.324, Bollinger Bands are at 15.600 - Daily indicators: RSI is 43.74, MACD is -0.061, Bollinger Bands are at 16.235 - Weekly indicators: RSI is 64.78, MACD is 1.892, Bollinger Bands are at 19.260 The Relative Strength Index (RSI) on the 4-hour chart is currently quite low, indicating that LINK could be oversold and might experience a price reversal. However, the MACD on the same timeframe is negative, suggesting some bearish momentum. On the daily chart, the RSI is relatively neutral, while the MACD is slightly negative. This could indicate a potential sideways movement or a slight bearish trend in the short term. The weekly RSI is in the bullish zone (above 50), and the MACD is positive, indicating a potential bullish trend in the longer term. Support and resistance levels are as follows: - 4-hour: Support at $14.63, $13.70, and $13.34. Resistance at $14.842, $15.54, and $16.77. - Daily: Support at $13.50, $12.70, and $12.057. Resistance at $16.34, $17.35, and $18.59. - Weekly: Support at $12.412, $11.50, and $8.847. Resistance at $17.81, $19.337, and $20.86. In conclusion, the short-term charts indicate a bearish or sideways trend, while the longer-term charts suggest a potential bullish trend. It is advisable to keep an eye on the market for any changes in these indicators that could signal a shift in the market direction. Please note that this is just an analysis based on the current market data and not a definitive prediction. Always do your research and consider your risk tolerance before trading.
by MarsSignals
LINK/USDT 4H ChartI invite you to review the LINK chart in pair with USDT. Let's start by identifying the downward trend channel from which the price broke out at the bottom using the blue lines. However, here the exit from the channel could have resulted in a drop close to the height of the channel itself, which indicates a potential place for further declines. Locally, we can mark a downward trend line that keeps the price in a downward movement. After unfolding the fib retracement grid, you can see how the support at $13.91 kept the price from falling further, but if the price breaks below the current support, we still see a very strong support zone from $13.17 to $12.22. Looking the other way, we can also determine the resistance areas. And here there is visible resistance at $14.73, and when the price breaks out, it will have to face a strong resistance zone from $15.98 to $16.63 before moving towards the new ATH. Please look at the RSI indicator as there is still room for growth, but the indicator is starting to turn down again. However, on the STOCH indicator we are moving at the lower part of the range, but here too there is no energy for a stronger upward movement.
by cryptodailyuk
Chainlink bullrun emerging? Supply in stock markets reaches lowest point in 4 years LINK's fortunes changed over the weekend as it experienced a mini breakout and rose to $15.82 for the first time since April 6, 2022. This positive momentum was boosted by the fact that LINK's supply on exchanges dipped below 15% for the first time in about four years, as shown in Santiment's most recent analysis. This is the lowest level since Feb. 5, 2020, and indicates a decline in the propensity to sell, indicating that investors are optimistic about the potential for further gains.
by EDUCASH247
LINK $7.4 Short (LONG TERM - Rising Wedge)Here is the long term rising / ascending wedge of Link down to mid $7. It’s easy and it’s fun to get caught up in the idea of a token going higher because we subconsciously relate it to our balance going higher. People typically buy low, sell high; this reinforces that mindset. There are a few kinds of traders, but mostly those who only long, and those who both long and short. If you have escaped the trading matrix and have wrapped your head around shorts, you are half way there to success! Making money in the market shouldn’t be based on if a stock keeps going up. Making money in the market should be based on making money, in the market. The market is selling you apples today for $15, and this chart I’m showing you is a catalogue for a “Double D-Lectible Apples”. 2 for the price of one. Leverage the sales clerk and make some Apple juice! Lemon season is over and it’s time to make some hey whilst the moon is being an unfaithful girlfriend spitting this token back to where it came from. ROLL OUT SOLDIER GO GO GO! You can fix her
Short
by locharado105
LINK Short $13.4 re: Rising WedgeCharted this rising wedge yesterday and we’ve broken below the support line. The red you can see is relating to another larger, long term rising wedge I found that I will post also. The overarching rising wedge has a drop down to $7-$8. I first bought link in 2018 for .2c, wish I held! But looks like we have a new platter of chicken tendys in the oven. Do you like yours hot on short notice? Press Like if you’re peckish for $13.40 Kentucky style gains!
Short
by locharado105