LINKUSDT.Pin case of these two scenario , i expect short position on the specified zone on the chart
LINKUSDT trade ideas
LINK LONG
Swing Trade Idea
2 DCA levels
SL - 12.718
According to how #LINKBTC chart looks, I expect LINK to reach previous Highs levels
You either can take leverage Long, or buy SPOT
LINKI want to bring your attention to #LINK and #LINKBTC pairs
If we look at LINKBTC chart, we can see that on 19 of June 2023, this pair found its bottom:
we can see nice bounce;
RSI is iversold and forming bullish divergences on Lower Timeframes;
Currently, we are having almost the same view:
LINKBTC came to the same low level, where it was last time before the bullish Run;
RSI on lower level;
we see nice bounce and previous W candle close;
Now the question is IF #LINK will make the same run? #LINKBTC looks like wants to run until the previous high level.
and, Personally expect to see the coin at around 33$ to reach old ATH levels.
LINK/USDT Weekly Analysis - Potential W3 target @ $34 NOT FINANCIAL ADVICE
TL;DR Amazing weekly close last week, break above 200VWMA, potential W3 target @ $34
BINANCE:LINKUSDT just had an amazing week last week (+23%), with 50VWMA acting as support and a break above the 200VWMA.
If $12 was a local bottom, we could expect a W3 to the $34 area (1.618 fib of the last leg up). A HH above $23 would be a great confirmation.
Should Elliot Waves keep playing out, we could expect a W3 retracement to the $23 - $25 area, followed by a W5 to the $40 - $50 area. Take this with a grain of salt as it's still very early and we will need confirmations. 🧂
The Weekly RSI just got back above 50, leaving plenty of room for moves to the upside.
Chainlink LINK price is quite strong will it last for long time?🛡 #LINKUSDT trading pair has attracted attention primarily because it has held its price quite well over the past few days, while most altcoins have been feeling “bad” and declining in value.
In the future, if buyers will keep #Link price above $15, it will indicate their serious intentions and there is a good chance that the nearest target is a rise to $22 🔼
🔽However, if the #LINKUSD price is allowed to consolidate below $13.25, the red scenario will be activated. This will mean that some crypto investors will suffer, while others will be happy because they will have a chance to buy #Chainlink tokens around $9
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Split buying range: Around the 12.840-15.866 rangeHello traders!
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(TradingView LINKUSD 1M Chart)
The important zones for the current price position are 13.49 and 24.02.
(1W chart)
The important area for the current price position is 19.36.
(1D chart)
The important zones for the current price position are 13.83 and 19.50.
Summarizing the important sections above,
1. 13.49-13.83;
2. 19.36-19.50;
3. 24.02
This applies to sections 1-3 above.
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(Binance LINKUSDT 1M Chart)
HA-High indicator: 23.976
(1W chart)
HA-High indicator: 19.340
HA-Low indicator: 6.698
(1D chart)
HA-High indicator: 19.479
HA-Low indicator: 13.795
The HA-Low indicator on the 1D chart is formed at the 13.795 point, so if the price holds above this point, an upward trend is likely.
However, in order to continue the upward trend, the price must rise above the HA-High indicator on the 1D chart, so the price must be maintained by rising above 19.479, which is the current HA-High indicator point on the 1D chart.
If the price rises above the HA-High indicator on the 1W chart or the HA-High indicator on the 1M chart and maintains the price, a full-fledged upward trend is expected to begin.
Accordingly, looking at the current HA-High indicator position, the last time to buy is when it shows support in the 19.340-23.976 range.
In order to buy when supported near the HA-High indicator, you must make a split purchase near the HA-Low indicator.
Otherwise, it is not easy to buy near the HA-High indicator.
The reason is that the HA-High indicator is an indicator that is formed at the highest point.
Therefore, even if you confirm support at the high point, you may not be able to purchase it in the end because you are likely to feel psychologically burdened.
Currently, the box section of the HA-Low indicator on the 1D chart is formed over the 12.840-15.866 section.
Therefore, you should make split purchases when you see support around the 12.840-15.866 range.
The stop loss point for this purchase is when it falls below 12.840 and shows resistance.
Have a good time.
thank you
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched.
#BTCUSD 1M
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
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$LINK bearish RSI divergence occured in LTF#chainlink #link price formed negative divergence. Action will likely be in lower time frame. Not financial advice.
LINK PriceThe Chainlink (LINK) token has made a weekly bullish engulfing candlestick and reverted from the support mark of $12 this week.
$LINKUSDT TO HOLD 15.5 FOR UPSIDEKUCOIN:LINKUSDT
Ignition of Triple Bottom holding well at 16 level, a cooling off with a retest to 15.5 would be quite bullish to target 23 zone for about 37%. LTF on 4h or 1h could provide entry ideas at AOV especially a build up indicating appetite for a move higher. But always have a plan in case the character of price changes and you would look for an AOV entry at 11.5-12.7.
When planning moves we must consider the possibility of failure and you must manage risk and remember that CRYPTOCAP:BTC rules the show. CRYPTOCAP:BTC sitting in a Bull Flag but price is in the pattern until it isn't so in the event of a pullback, we would look for a discounted entry on $LINKUSDT.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
AOV - Area of Value
LTF - Lower Time Frame
Lingrid | LINKUSDT moved out of the CONSOLIDATION zoneThe price perfectly fulfilled my previous idea. BINANCE:LINKUSDT has broken through the downward channel, clearing the key level at 15.00. As I examine the current market dynamics, I think it's likely that the price has formed a double top pattern on the 1H timeframe. This suggests that there's a possibility that the market may retest the support level. Additionally, on the daily timeframe, the market has escaped the consolidation zone and closed above it. Going forward, I expect a potential rollback to the support level before resuming its upward trajectory by taking liquidity below the Friday low. My target is at the resistance level 17.50.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
#LINK/USDT#LINK
The price is moving in a bearish channel on the 12-hour frame and adheres to it well, and the price rebounded from the lower border of the channel at the green color at the price of $13.00.
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that was broken to support the rise
Entry price is 14.30
The first target is 16.50
The second goal is 17.70
Third goal 19.56
LINK Correction Analysis
It's not yet clear if the correction is over or not. Price is currently testing strong gray resistance.
I'll consider the bullish trend is back once we break the purple level.
The lack of RSI divergence still gives us a decent possibility that one more leg down is due.
LINK leads BTC pumpLINK is once again showing sings of an impending BTC pump. The last major pivot we saw was when LINK broke the monthly resistance. Before this the weekly was broken which is marked with an arrow. LINK broke all 4 EMAs on this most recent daily candle. This is a macro reversal, I expect over 21$ soon.
LINK Price Jumps 10% as it Completed Tests With the DTCCChainlink ( BIST:LINK ) social dominance reached a six-month peak on Friday, surpassing levels seen in the past six months, along with the token's price rally that began on Wednesday. Despite the price increase and rising talk about the token, on-chain data suggests that BIST:LINK holders have started taking profits, a sign of possible increasing selling pressure ahead.
Chainlink ( BIST:LINK ) has hit a six-month peak in the social dominance metric, indicating that the token dominates crypto-related discussions on social media platforms. The social dominance score for BIST:LINK is at 1.55%, meaning that nearly 2% of the discussions across social media platforms are related to the token. This is the highest level of dominance seen so far in 2024.
The increasing talk about Chainlink ( BIST:LINK ) could be a consequence of its recent rally. The token has posted gains for three consecutive sessions and trades around $16.60 on Binance, the highest level since April 12. BIST:LINK price has increased by 22% this week. However, this recent price rise could be about to lose momentum.
On-chain activity tracker Lookonchain shows that BIST:LINK holders have started taking profits on Friday. A trader tracked by Lookonchain sold 117,440 BIST:LINK holdings, worth $1.84 million and taking a profit of $205,800. It is important to note that profit-taking has just started in $LINK. Once it exceeds significant levels, it could indicate the likelihood of a price decline due to the increasing selling pressure. As of Friday, BIST:LINK holders have taken $2.26 million in profits by shedding their holdings.
In its pursuit to accelerate the tokenization of funds, the Chainlink ( BIST:LINK ) network has completed tests with the DTCC and ten participating firms. The test reiterated the ability of Chainlink’s Cross Chain Interoperability Protocol (CCIP) to serve as an abstraction layer between the DTCC and the many blockchains needed for integration now and in the future.
Chainlink price ( BIST:LINK ) is up 10% in the past 24 hours, riding the wave of this news and the broader bullish sentiment as Bitcoin price remains above $65,500. If the BIST:LINK bulls can push the price above the $16.863 resistance level, a flip of this roadblock into support will promote more buy orders. However, BIST:LINK would only be attractive to buy after the price records are stable, close to $18.320. In a highly bullish case, the gains could extend a neck higher to the $20.702 roadblock.
The daily price chart depicts a "Bullish Engulfing" pattern accentuating BIST:LINK 's bullish dominance. Chainlink's Relative Strength Index (RSI) stands at 62.24 which is prime for further growth.
Chainlink (LINK): Reached Major Resistance Zone !!!Chainlink is back with some liquidity sweeps after having that major breakout from 100 and 200EMA showing no remorse towards traders here.
As we broke those zones, we also entered the overbought zone with RSI, while the price is also testing now in that major resistance zone.
If all plays out nice, we should see one good rejection from here soon!
Swallow Team
LINK Broke Out From The Corrective PatternLINK Broke Out From The Corrective Pattern
During the last month LINK was developing inside a type of triangle and was not showing any direction.
Yesterday the price broke out of this consolidation showing strong bullish volume.
Furthermore, the daily candle managed to close above the pattern and was very bullish, thus appearing for a stronger bullish moment.
We can see the LINK to test the previous areas of the structure
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Breakout from downward trend line. Upwards nowWe have spotted Link breakout from downward trend line. Upwards now.
We will need a confirmation candle today to solidify the breakout.
Are you buying?
LINK: buy in mid-term📊Analysis by AhmadArz:
🔍Entry: 12.77 - 12.55
🛑Stop Loss: 12.28
🎯Take Profit: 13.24 - 13.65 - 14.11
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
📉📈 LINK Trade Analysis 🔄💼Trade Overview:
LINK is exhibiting a triple bottom pattern with potential strength indicated by acceptance above the monthly open, signaling a shift in structure on lower timeframes.
Trade Strategy:
Entry: Consider entering into the buy zone between $12.50 to $13.50.
Take Profit: Set take profit targets at $16.00 and $16.80, with the next area of resistance at $18.70 - $19.50.
Stop Loss: Place the stop loss below $12 to manage risk effectively.
📊🔍 Monitor LINK's price movement closely for potential entry opportunities! #LINKTrading #CryptoAnalysis 🌐🔒
Chainlink (LINK): Re-Test Was SuccessfulChainlink had made a nice re-test (successful one) after that massive breakdown from upper zones.
We are now keeping an eye on that second re-test to that same 200EMA which could lead to further pressure and a movement to lower zones as well!
Swallow Team
LINK/USDT 4H ChartHello everyone, let's take a look at the LINK to USDT chart on a 4-hour time frame. As you can see, the price is moving above the local uptrend line.
Let's start by determining support and, as you can see, first we have a support zone from $13.77 to $12.90, then we have visible support at $12.34 and then the third support at $11.55.
Now let's move on to the resistance lines, as you can see the first resistance is at $13.98, if you manage to break it, the next resistance will be at $15.02, $15.71 and the fourth resistance at $16.67.
The RSI indicator and the STOCH indicator are approaching the lower limit, which may slow down the current correction, which will keep the price in the support zone.
