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LINK 3x Short / Tether

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LINKUSDT.3S trade ideas

LINKUSDT at monthly resistanceLINKUSDT has hit the monthly resistance MR1 and the upward move has been blocked by the monthly resistance MR1. The price attempted this resistance a few weeks back and got rejected. However, it made another attempt last week only to result in being pushed down. The price is currently trading just below the monthly resistance. Once this resistance is cleared in coming days, the next target would be monthly resistance MR2 which is sitting around 27-30.6. Looking at the price action, it seems that the price will break this in coming days and head towards MR2.
by angela_altair
Chainlink’s Early Access Staking Attracts $632m in LINKChainlink’s early access staking program quickly maxes out, with $632 million in LINK staked, indicating strong community interest. This move to provide a revamped staking model is reportedly part of Chainlink’s Economic 2.0 plan. The project said it would expand its ecosystem to new users and reward stakers for on-chain participation. The price of LINK surged as much as 12% on Dec. 8 when early access was announced and the crypto exchanged hands for around $16.61 per Coingecko. LINK’s price surged 35% in late October 2023, ahead of the new staking mechanism.
Long
by DEXWireNews
Upward Triangular PatternChainlink (LINK) has successfully breached its upward triangular pattern. The Fibonacci retracement level at 0 indicates a pivotal price point of $17.32. Should Chainlink surpass this threshold, it is poised to approach its next resistance level around $20. Currently, Chainlink is undergoing a critical test of support at the 0.5 Fibonacci retracement level, a key juncture in its price trajectory. This analysis is for informational purposes only and should not be considered as financial advice.
by MonoCoinSignal
[LINKUSDT] Falling Wedge and Possible Retest Chainlink had a clear breakout of a falling wedge but has not retracted or tested the breakout. While the huge falling wedge seems very promising, I will mention that the falling wedge is a very poor performer and bullishness may not sustain after it has reached its target. Tom Bulkowski a author, legendary trader and regarded as the leading expert on chart patterns, has this to say about the falling wedge. "The falling wedge is a poor performer as far as bullish chart patterns go. The break even failure rate is high and the average rise is low. The only variation that works well is a downward breakout in a bear market and the performance rank for that is in the bottom half of the list." thepatternsite.com
Short
by OnlyProfits888
LINK/USDT ↘️ Short Trade Setup ↘️Hello Everyone 🙋🏽‍♂️ RSI +Supply zone + double TOP 🟠 EP 15.804 🔴 SL 17.263 🟢 TP1 14.226 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️ 🟢 TP2 12.856⚠️ ( Close 33% of the trade )⚠️ 🟢 TP3 11.398 🔥 ( Final result)🔥 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $. Don't forget to hit the like bottom and write a comment to support us. Follow us for more 🙋🏻‍♂️ Best Regard / EMA Trading . Disclaimer: ---------------- It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
Short
by UnknownUnicorn60802882