LINKUSDT.P trade ideas
Chainlink (LINK)Chainlink price today is $8.4 with a 24 hour trading volume of 1,7 billion dollar. LINK price is up 3% in the last 24 hours
Chainlink is a framework for building Decentralized Oracle Networks that bring real world data onto blockchain networks, enabling the creation of hybrid smart contracts. These DONs provide decentralized services such as Price Feeds, Proof of Reserve, Verifiable Randomness, Keepers, and the ability to connect to any web API.
for three month Link charts growing and bulls try to take 8.5,9 and 10 back. 6.5 and 7 is a dip for link and If you got lucky don't forget to buy for long hold
Dont forget to watch Lex Fridman podcast with Sergey Nazarov co-founder and CEO of Chainlink too
LINKUSDT Prime Buying Opportunity with Strong Bullish IndicatorsLINKUSDT is currently trading at $10.38, and several technical indicators suggest a bullish reversal is imminent, presenting a strong buying opportunity. The Relative Strength Index (RSI) has recently dipped below 30, indicating the asset is oversold and may soon experience upward pressure as buyers step in. Additionally, the Moving Average Convergence Divergence (MACD) histogram is showing a waning bearish momentum, with the MACD line poised to cross above the signal line, which historically signals a potential buy.
Moreover, the price action has formed a double bottom pattern around the $10.20 support level, a classic reversal pattern that often precedes a bullish breakout. This support level has held firm on multiple occasions, underscoring its strength and the likelihood of a rebound. Furthermore, the 50-day Moving Average is nearing convergence with the 200-day Moving Average, setting up a potential golden cross, which is a bullish indicator that could attract more buyers into the market.
The volume profile also supports a bullish outlook, with a noticeable increase in buying volume around the current price level, suggesting accumulation by market participants. On the Fibonacci retracement levels, LINKUSDT is holding above the 61.8% retracement from its previous swing low, indicating strong underlying support.
Given these indicators, the current price of $10.38 presents a compelling entry point for traders looking to capitalize on a medium-term bullish move. Investors should consider accumulating LINKUSDT at this level and holding in anticipation of a significant price rise. A return to the $12-$14 range appears plausible, given the technical setup and historical price action. This confluence of signals makes the current market conditions an opportune moment to buy, with the potential for substantial gains as the market sentiment shifts towards bullishness.
LINK - Support is holding strong. What's next ?BINANCE:LINKUSDT (1W CHART) Technical Analysis Update
LINK is currently trading at $13.6 and price has reached it's support zone, this support zone is holding strong and we can expect the price to bounce back from this support zone, if this support zone fails to hold then next support is around 9$ range, we will keep our SL below this 9$ range
Entry level: $ 13.6
Stop Loss Level: $ 7.8
TakeProfit 1: $ 15.261
TakeProfit 2: $ 19.410
TakeProfit 3: $ 22.745
TakeProfit 4: $ 33.347
TakeProfit 5: $ 49.206
Max Leverage: 2x
Position Size: 1% of capital
Remember to set your stop loss.
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Cheers
GreenCrypto
Why LINK Will Pump Back To $13 Quickly (Or Fall Below $9.5) LINK is probably one of the most undervalued tokens at this time. Especially in its Bitcoin pair, Chainlink still trades almost at its cycle low. However, this post is not about the long-term potential of LINK. On the contrary, it is about short-term price movements — and at this point, it looks quite promising. Here's why 👇
LINK currently trades at ~10 USD. More importantly, the price is slightly above a major consolidation channel in which LINK has traded for 17 months (!!!). On the other hand, the channel between has been a consolidation area for a couple of months, too.
However, LINK has never traded in the area between these two channels (9.5-13 USD) for a long time. Historically, this has been a speedway either up from 9.5 to 13 USD or vice versa.
Accordingly, it is highly unlikely that we will see LINK trading at this level for a long time. Based on the upcoming bullish momentum, I would expect a quick move back to the 13-level—or at least consider this scenario highly likely.
However, in case of a momentum switch (e.g., escalation in the Middle East), LINK has to stay above 9.5 to avoid entering the bearish consolidation zone!
ChainLink Pre-2025 Bull-Market Accumulation Zone & StrategyHello my dear friend,
Notice the huge difference between the bullish wave in 2021 vs the bullish wave in 2023!
This is why I dubbed 2023 the "recovery year." Last year many Altcoins produced a nice wave, a recovery but definitely not a full-blown bull-market. Of course, there are always exceptions to the rule.
The full-blown bull-market is set to happen next year —2025.
The accumulation phase after the bear market (long-term correction), lasted 530 days.
This type of very long accumulation phase drives many people away from the market. By late 2023, not many people were around to enjoy the bullish wave that ended earlier this year.
A small bullish wave in 2023 (compared to 2021), ending early 2024, will be followed by a short accumulation phase.
➖ The next accumulation phase won't be as long as before.
➖ The next bullish wave won't be as small as before.
👉 The next bullish wave will be huge, we are set to experience massive growth.
👉 ChainLink has the potential to hit $85 as the next All-Time High, if things go bad. The true potential go as high as $135, and this is more likely.
We have to consider that Bitcoin is now mainstream and even the Altcoins are getting full worldwide exposure. Everybody will be rushing to buy, hold and use Crypto for speculative purposes and as a means to exchange value.
The last bullish cycle was truly great —2021.
What we are about to experience next is something we cannot even comprehend; The numbers will be off the chart, literally.
Strategy: Buy and hold.
It is easy to get confused when we are taking about "high frequency trading," computer bots and algorithms, complex strategies and energy draining garbage.
I read a trading book that was 700 pages long; text, text, text.
The real tips were given in just a few lines and the rest was just jargon to confuse people. Trading is so simple that the "experts" need to write books with all sorts of nonsense so that people get lost and fail to figure out how simple it all is.
One just needs to look from far away, detach with capital on hand.
Wait for the right market conditions and buy in big and wait.
When euphoria and greed sets in, sell. And that's it.
There are no Elliot Waves, no Gann Fans, no Fibs., no Candlesticks, no Bars, no Fundamentals, no News, no Products, no Merge; no, no, no. It is all very simple... Hey, here is Bitcoin; buy and hold.
➖ If everybody is super hyped up and already talking about it, this means it is too late.
➖ If the environment is cool, relaxed, there is no rush and even some fear and depression, buying can be best.
➖ When the market is depressed, doubtful, trading low near support; that's the time to jump-in.
➖ When everybody is celebrating paper earnings and counting their profits; that's the time to quit.
It is just the way it is.
We can learn and study, it is useful, it can be profitable, it can be fun.
But if you are here to make money, just buy and hold.
Buy and hold with the idea of waiting for years... If you can wait for years; No leverage, no margin; no risk; in the end, you are sure to win.
It is truly that easy.
In one year's time, you will see what I mean.
I hope that you are around in late 2025... If you are reading this now, you have great timing.
Namaste.
Chainlink (LINK): Head & Shoulders Still Did't Fill The TargetChainlink made a magnificent break of the neckline zone on the bigger timeframe but it did not yet fill the major target zone to consider this movement to be finished.
Once we break that zone at $8, we should see some sideways movement inside the sideways tunnel!
Swallow Team
A 40% correction for Chainlink to $8?On the above weekly chart price action finds resistance at market structure, which was first confirmed on March 2022. The recent confirmation of resistance follows a lower high print.
A Head and Shoulders print is now evident. This print occurs as RSI resistance remains active. It is highly likely the Head & Shoulders neckline fails.
A confirmation of the Head and Shoulder print forecasts a further 40% correction, which is exactly at past resistance.
Price action will arrive at $8 should the correction complete. In the big picture (below), the downtrend channel must show support on the mid line. Otherwise price action continues to correct until the $3 area over the next 1 to 2 years.
Ww
The big picture
Lingrid | LINKUSDT bounced off the DEMAND zoneBINANCE:LINKUSDT has bounced off the demand zone, which was tested last time in October 2023. The price skyrocketed from these levels last year and reached the price level at 22.0. We can observe that the market liquidated a significant number of long positions. On the weekly timeframe, the market filled the gap zone between 8.0 - 9.0 and moved above the psychological level of 10. I expect the market to continue moving higher, as the daily candle closed with a wick, indicating rejection of lower levels. My target is the resistance zone around 12.0
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Chainlink (LINK): Possible Head & Shoulder Pattern!Chainlink caught our attention in the daily timeframe, with a possible good drop to happen soon.
As you can see, we are seeing a nice H&S pattern where the price once broke the neckline zone and now went for a re-test of the EMAs and the broken zone.
From here on, we are looking for a nice rejection to happen and a downward movement to start!
Swallow Team
What Is Happening With Chainlink?The last four days closed red on the LINKUSDT trading pair.
A common signal across all pairs showing top potential is the decreasing volume as new highs are hit. The decreasing volume is accompanied by a bearish divergence with the RSI; somethings weak, sometimes strong. In the case of Chainlink, the divergence is four months old.
Just closing below EMA10 changes the potential from bullish to bearish.
Closing below EMA21 confirms the short-term bearish bias.
Yesterday, LINKUSDT closed below EMA21 and before yesterday below EMA10.
Finally, we have a rounded top pattern and this can indicate that the top is already in place.
Patience is key.
We buy low to sell high.
Namaste.
Chainlink Bullish ProjectionHello there,
Chainlink shows a potential bullish projection to 18.33, provided that 12.68 remains intact. The alphabetical sequence follows W → XYZ, with four potential bullish targets.
Note: The price could pulse down before turning up, as a piece to note. So, close monitoring will be required.
Happy Trading,
K.
LINK looks bearishLINK structure looks bearish. We have had lower H and L .
So it is better to look for sell/short positions in resistance ranges.
We are looking for sell/short positions on the supply range.
Closing a daily candle above the invalidation level will violate the analysis
Note that the financial market is risky, so:
Do not enter a position without setting a stop and capital management and confirmation and trigger.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
CHAINLINK UPTREND CONTINUATION VS A WEAK PERFORMING DOLLARI am looking for the continuation of the uptrend we see on the larger timeframes on Chainlink USD, The Fed have decided to not cut interest rates, meaning in the dollar will have some short term strength, NFP and unemployment rates will be out today at 15:30 GMT and I can see them being negative, Chainlink on the other hand continues to keep stable prices acting unaffected by the other asset classes due to its inherent value.
Chainlink (LINK): Possible Rejection From 200EMAChainlink is back below 200EMA after having bounced from the bullish trend here.
He is keeping it simple here this time and looking for a possible rejection from 200EMA (which as of now has been working out well). So if we manage to secure this day as well as further downward movement, we should see a touch of trend this week!
Swallow Team
Incredible rebound on linkAs I said in my previous short idea, link is my top chart after the 4month consolidation.
this comes in confluence. A strong push from the 38.2 value area.
Looking for bulls to remain in firm control, if this H4 candle closes as an bullish engulfing pattern.
will update when candle closes.