SasanSeifi| Potential Correction or Breakout Ahead?In the long-term chart analysis of BINANCE:LINKUSDT , we observe that the price has entered a corrective phase from the $22 price range. This correction continued following a positive reaction to a major demand level at $7.50, leading to a period of price consolidation within this area. As shown on the chart, after renewed fluctuations, the price faced resistance at a key supply level and the long-term descending trend line, resulting in a bearish reaction.
If we observe a sell confirmation in these price zones from lower timeframes and a break below the $10 level with price stabilization beneath it, LINK may correct further towards demand zones at $7.50 and $5. To better understand the ongoing movement, it is crucial to observe how the price reacts to these support levels, as they could serve as pivotal points.
Key resistance levels for LINK are positioned between $12.50 and $13. Alternatively, we can consider a bullish scenario. For this to unfold, the price would need to break through the critical supply level. If it consolidates above this level, LINK could move towards targets of $15 and further upwards to $17 and $20.
💢This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
LINKUSDT.P trade ideas
LINK Breaks Macro Downtrend, How High Could This Bad Boy Go?*Opinion*: Out of all the cyrptocurrencies, I have long been a believer in Chainlink's fundamental potential in regards to it's utility. It has been one of the most manipulated and suppressed assets, and I believe it is criminally undervalued.
The real kicker here is not just WHAT it does, but WHOM it helps. Big banks control the world and LINK helps big banks connect to the digital future of finance. Big fundamental play here.
#LINK (SPOT) entry range( 9.50 - 11.00)T.(16.87) SL(9.28)BINANCE:LINKUSDT
entry range ( 9.50 - 11.00)
Target (16.87)
SL .1D close below (9.28)
*** collect the coin slowly in the entry range ***
*** No FOMO - No Rush , it is a long journey ***
**** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO #FORTH # AST #PORTAL #CYBER #CLV #RIF #ENJ #ZIL #APT #GALA #STEEM #ONE #LINK ****
Is LINKUSDT About to Trap Beginners Before a Big Move?Yello, Paradisers! Is LINKUSDT setting up a trap for beginner traders before making a strong reversal? Let's break down what we're seeing right now.
💎Currently, LINKUSDT is respecting the supportive trendline, but this setup might be a trap for those blindly buying in. There’s a high likelihood that the market will first liquidate traders placing orders along this trendline before making a more meaningful bounce from the actual support zone below.
💎For confirmation, we need to see a shift in market structure, specifically a bullish I-CHoCH (Internal Change of Character) from the support area. Other bullish reversal patterns, like a W pattern or an Inverse Head and Shoulders, would also validate a potential bounce from this zone.
💎If LINKUSDT falls further, we'll look to the strong demand zone below for a high-probability setup. This zone remains unmitigated, meaning it hasn’t been tested yet, increasing the chances of a bullish reaction. However, if the price breaks down and closes below this demand zone, our bullish idea will be invalidated.
💎But here's the twist: should LINKUSDT rise back above this zone after a breakdown and then show bullish signals, it would actually strengthen the bullish outlook even more.
Stay sharp, Paradisers, and remember—patience is key when waiting for the best setups. 🎖
MyCryptoParadise
iFeel the success🌴
LINK is accumulating between two monthly key zones & also below 💰 #LINK is accumulating between two monthly key zones & also below the descending resistance👀
BIST:LINK Imo it's great levels still for to accumulate some more BIST:LINK 🤝
Link Marines it's time to step out of the shadow🚀🫡
🎯Mid-Term Target: 19.69$
🎯Mid-Term Target: 27.55$
🎯Long-Term Target: 35.10$
🎯Long-Term Target: 65.70$
🎯Long-Term Target: 82.40$
LINK Long Spot Trade (Trading at Support)Market Context:
LINK is currently oversold on the 4-hour timeframe and trading in a major area of support, offering a strong opportunity for a long position with a favorable risk-to-reward ratio.
Trade Setup:
Entry Zone: $13.75 - $14.00
Take Profit Targets:
First target: $18.00 - $19.00
Second target: $21.00 - $22.00
Stop Loss: Just below $13.00
This trade capitalizes on the oversold conditions and support alignment, with potential for a strong rebound toward the profit targets.
Shall we have a look on LinkusdtWe can see that it is at 50% of the last low in Aug last year
And now he made up channel for the last downtrend in Mar 2024 and broke it up
So we can enter or add more to our wallet as long as the SL still near to the entrance
Our Goals are represented by red flags so let’s wait and see
3 Crypto OGs to watch this month...Since you enjoyed my previous post about 3 altcoins to watch this weekend...
Here's an interesting one about OGs:
BINANCE:LINKUSDT
LINK broke the structure and $15 round number. As it retests the structure, I will be looking for trend-following longs and target the $20 round number.
BINANCE:DOTUSDT
DOT broke the structure and $5 round number. As it retests the structure, I will be looking for trend-following longs and target the $10 round number.
BINANCE:HBARUSDT
HBAR broke the structure and $0.05 round number. As it retests the structure, I will be looking for trend-following longs and target the $0.15 round number.
Which altcoins would you like me to cover next?
All Strategies Are Good; If Managed Properly!
~Rich
ChainLink (LINK/USDT)The chart for ChainLink (LINK/USDT) suggests a breakout from a descending wedge pattern, signaling bullish potential.
Key Levels:
Support Zone: $12.87–$13.50 (retest area).
Stop Loss: Below $8.70 to manage risk.
Target 1 (T1): $20.02
Target 2 (T2): $26.21
Target 3 (T3): $32.40
Recommendations:
Entry Point: Consider buying on a retest near $12.87 if support holds.
Risk Management: Place a stop-loss below $8.70.
Outlook: A confirmed breakout and volume increase could drive prices to higher targets, with $32.40 as the long-term goal.
Chain Link BullishBased on the previous analysis, we were waiting for the coin to break out of the ranging market so that we can have a good entry position.
I do anticipate that the price will continue with the bullish momentum, considering that it has retested the upper trendline.
My entry position will be at 15.00, SL at 12 and target at 22
Chainlink, LINK, Golden pocket sets up 7x, $125, Target 2: $500I've been pretty cautious about projecting higher than the -0.236 algo target this time around but somehow 7x doesn't feel like enough for link... so I've added the second target. I really like this chart. looks very nice.
solid accumulation just above the 0.618, tested and rejected at the bear fib pocket, with a higher low put in at the next golden pocket. seems ready to try again. It also looks like a big cup and handle that gives the same target as the 1st algo... so maybe that is all it gets. even still, 700% for a coin this large and this solid is pretty nice. we get spoilt in crypto don't we?
See linked BTC chart for why my charts are so bull.
The Trade:
Preferred Entry: $8.71
Ape Entry: $14.30
Stop: $9.80 / $7.90
Resistance: $21 - order block + bear golden pocket.
Target 1: $125
Target 2: $500
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
ChainLink Pattern FormationThis coin has been a rising flag for the past few weeks, and I do anticipate that the coin might continue with the bullish momentum considering that it broke out of the structure.
Currently, it is retesting the upper trendline and we have to wait for an entry position. I anticipate that the price might retest the previous fib level based on the ATL and ATH.
An analysis using the lower time frame will follow when we enter the trade.
LINK SWING LONG OPPORTUNITY - ALTSEASON - Altcoin MarketLINK is one of the key blue-chip assets in the crypto market. It is a well-established and reliable project compared to many newer networks and assets, which is why I prefer trading LINK.
Technical Analysis:
The price reached the monthly demand during the August 4th dump, got rejected, and began climbing. Following this, it broke the daily and weekly bearish structure, shifting into bullish momentum. Finally, the price broke the bearish trendline responsible for the downtrend since March 2024.
The price now appears to be retracing into the weekly demand and potentially retesting the flipped bearish trendline. The weekly demand also aligns with the optimal trade entry (OTE) zone, adding extra confirmation for me.
I will look for LTF confirmations to initiate a trade within the marked entry zone.
SL: $9.2
TP1: $19.2
TP2: $22.8
LINK Targets 75% Gain – Can It Hold Support?This chart shows that ChainLink (LINK) might be shifting from a downtrend to an uptrend. The price recently broke above a red descending trend line that had been holding it back for months, which could signal a positive change. LINK is now trading above a strong support zone in Green between $12.52 and $13.03, which suggests that buyers are stepping in to hold the price up. This support level is important; if LINK can stay above it, there’s a chance it could rise to higher levels, starting with the first resistance level around $15.21.
If LINK continues its upward movement, it could reach resistance levels at $17.28, $19.23, and even as high as $22.87, which is the chart’s potential target. This target would mean a 75% gain from the current price if the uptrend holds. However, if the price drops below $12.52, it may retest lower levels, and the bullish outlook would be at risk. Overall, LINK shows signs of strength, but it needs to stay above support to keep the upward momentum going.