Chainlink Targets $25After a long accumulation phase, we are again backtesting the last major support where we saw previous buyers step in.
There's a higher probability we increase in price from here and target the 0.618 & weekly level above. A sweep of the lows before a move up is also possible.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
LINKUSDT trade ideas
Consolidation is over, breakout next. - LINK/USDT#LINK/USDT #Analysis
Description
---------------------------------------------------------------
+ Link Price has consolidated nicely in the past and now it formed a triangle pattern
+ Breakout from this triangle pattern will pump the price upwards and we have a good potential for trade
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 13.9
Stop Loss: 9.9
------------------------------
Target 1:17
Target 2: 22
Target 3: 34
Target 4: 42
Target 5: 52
------------------------------
Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
LINK — Time To ShineChainlink crashed through the crucial long-term support level at $13 during the latest correction. This level has served as support since November 2023.
Fortunately, LINK reconquered the level after a few days and rallied ~15% until it got rejected at $14.5. Moreover, the token managed to break out of its short-term downtrend from its local high at the end of May.
However, to create a stronger bullish momentum, LINK has to follow through and clear the following levels:
1️⃣ EMA200: This important indicator is currently located at ~$15 and represents the first level to break.
2️⃣ Afterward, LINK has to tackle the resistance at $16. This might be much harder compared to the EMA200.
3️⃣ Making a higher high, which results in a level above $18.8
Alikze »» LINK| Descending channel🔍 Technical analysis: Descending channel
- According to the previous post , after not fixing in the green box, the second scenario was realized.
- In the daily time frame, it faced a correction after a movement cycle, which is currently moving in a descending channel.
- Now after the demand at the bottom of the channel and the green box area, it has broken the middle of the descending channel after the second collision.
- Therefore, it can continue the upward movement with pullback to the middle of the channel, up to the roof area of the descending channel.
💎 In addition, if it can break the supply area and stabilize above the 15.6 range, it will have the targets of 1.272 and 1.618 Fibo.
💎 Alternative scenario: Note that to continue the upward trend, it must be above the 12.5 zone, so if it stabilizes below this zone, it can touch the green box again.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
BINANCE:LINKUSDT
LINK/USDT 1D Hello, I invite everyone to review LINK in pairs to USDT, taking into account the interval of one day. As we can see, the price has moved upwards from the downward trend line.
After unfolding the trend based fib extension grid, we can determine a strong resistance at the level of $14.87, only an upward move can give room for an upward movement towards $15.98, and then we can see resistance at the level of $17.41.
Looking at the second stone, we will similarly determine the support places. However, here there is a strong support zone from $12.54 to $11.30, only a break from this zone may result in a drop to around $9.55.
It is worth looking at the RSI indicator here, which shows a strong movement beyond the upper limit, which translates into a loss of growth power and may change the direction of the price.
[LINKUSDT] - potential targets in HTF10 million link pieces were purchased in the past two weeks alone, worth $120 million Great buying power in a short period of time makes the currency's TARGETS
great in the long term
on weekly chart there is a consolidaion of falling wedge pattern after a longtime
accumulation (526 days)
key level is 32$ zone.. price can visit 9$ again but i still see it's good area for buying
best regards ceciliones🎯
Chainlink LINK price have potential for x3 growthTweeters have become "active" around #Chainlink
They write that over the past 2 weeks, "whales" have bought 10 million CRYPTOCAP:LINK
This amount is 1.5% of the total number of coins in circulation now or 1% of the maximum suply.
Whether this is a lot or a little, whether it will act as a driving force or not, whether you believe in the project's potential or not - of course, it's up to you to decide.
But as long as the OKX:LINKUSDT price is above the blue trend line, the potential for x3 growth by the end of the year remains.
LINK - Potential Long?With alts being beaten to near death, I'm getting more interested in charting them and looking for decent stuff that is holding support at some level.
Link looks interesting, with all lows swept on the USDT pair while still holding onto range lows. The BTC pair has been ranging for a while, I could see a bounce to midrange.
There seem to be some whispers going on about a potential rotation from memes towards more 'value' stuff, with defi getting mentioned a lot. We already saw MKR and AAVE pump; if the defi narrative has any legs, LINK is definitely something to keep an eye on.
LINK Long Spot PositionMarket Context:
LINK has been consolidating in an area of support, presenting an opportunity to enter into a long spot position.
Trade Setup:
Entry: Ladder into a long spot position in the $12.70 - $13.25 area of support.
Take Profit:
First target: $14.60 - $15.30
Second target: $16.20 - $16.90
Stop Loss: Place the stop loss just below $11.80.
📊 Monitor the market closely and adjust your strategy as needed! #LINK #CryptoTrading #SupportZone 🎯
Let's take a look at the $LINK/$USDTWhat can happen to the market if the BIST:LINK is so modified?!!! I don't have an idea for that myself, but I imagine BIST:LINK could see the $4 price again.
I find it suitable for buying with the intention of keeping for six months to a year.
I hope to have the necessary liquidity for the day when the BIST:LINK is supposed to reach 4 $.
Crucial Support Reqconquered — Decisive Moment Ahead!Similar to many other altcoins, BIST:LINK reconquered its crucial support line.
Closing above this area is critical to avoiding more selling pressure. However, this will only be possible if LINK reclaims the 59-60k level and sticks a landing on the daily chart.
Therefore, watching the next 6 hours might be more interesting than the upcoming UEFA finals
SHORT #LINKSHORT #LINKUSDT from $12.308
1h TF. The asset has drawn a cascade of levels, we enter only after breaking through the nearest, fixing targets for each subsequent level (dotted line to the right), the last fixation point is a large volume in the purchase zone, since only 9,000 BTC out of 50,000 possible were sold, we can catch a very good movement, if we consider the graph from the side of wave analysis, then the fixation point can be Triple the size