LINKUSDT trade ideas
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.
IS $LINK s NEXT MOVE TO 18$ THIS WEEKEND?Looks like a possible bull flag and an over sold Stochastic RSI. Volume Looks low now but i believe if we gain momentum that we can power out of the channel and up to 18$ over the weekend. IF we don't see the momentum come in and we break ~16.20 then we may see BIST:LINK cool down to the 15s. Let me know if you think Im wrong, right, or out of my mind? #TVNOVICE #LINK BINANCE:LINKUSDT
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.
LINK is preparing for huge breakoutLINK / USDT
Chainlink is preparing for breakout
The longer the accumulation the stronger the breakout (almost 1 year and half accumulation)
All eyes on key level resistance in my chart ❇️
[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
LINK will remain bullishlink inside the resistance penetrated more!
By checking the waves, we can expect the link to complete at least one ABC and after a short break, it will be bullish again
The current market situation is such that we need confirmation and trigger to drop any symbol
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
$LINK - KEY WEEKLY LEVELSKey weekly levels and zones for $LINK. Lines are more like zones then exact support and resistance.
Will LINK Pump Further and Aim At Next Resistance Level?This analysis of BINANCE:LINKUSDT is based on 80 percent technical analysis and 20 percent fundamental analysis.
Manage your risk accordingly...
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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
LINK/USDT SETUPCurrently Link Just Grab The Sell Side Liquidity And Going Downward To Grab The Buy Side Liquidity.
Safe Buy Setup Mentioned.
LINKUSDT 4H 15MIN SHORTlinkusdt hit a lower floor in the 4-hour time frame and yesterday it was able to hit a lower floor in the 15-minute time frame, which is a good place to take a sell position.
Link WatchoutAs one of the follower asked for it.
15.3-15.4 area is currently a strong resistance.
Watchout for rejection which can send it to 12.3 level.
Trend looks exhausted and down from here is having greater chance.
Triggers can be Tetsing 15.3 from both sides.
For long and for short.
Note: Not a Financial Advice.
Short LINKThis is the time to Sell LINK
Shark wallets have continuously TPed in the past 2 days, their total selling volume reached millions of dollars.
You should choose a good price to do that and manage your capital because nothing is absolute
LINKUSDT15.40 desteğe çevirmeye çalışıyor , Buradan risk edilip yakın stoplu long girilebilir,umarım kazanç getirir.
Chainlink's Perfect Entry Point with RSI at 52
Chainlink (LINK) that could potentially skyrocket your trading profits. Brace yourselves, because this is a call-to-action you don't want to miss!
Chainlink has recently presented us with a picture-perfect entry point, as the Relative Strength Index (RSI) stands at a tantalizing 52. This indicates a healthy balance between buying and selling pressure, suggesting a potential upward trend shortly. But that's not all! The Awesome Oscillators have remained steadfastly positive, further reinforcing the bullish sentiment surrounding Chainlink.
Now, you might be wondering, "What does this mean for me as a trader?" Well, my friends, it means an incredible opportunity to go long on Chainlink and ride the wave of potential profits that lie ahead. With the RSI at 52, we have a favorable entry point that allows us to capitalize on the expected price surge. Combine this with the positive Awesome Oscillators, and we have a recipe for success!
So, let's seize this moment and take advantage of Chainlink's promising position in the market. By going long on Chainlink, you can position yourself to potentially reap substantial gains as the price surges. Remember, timing is everything in the fast-paced world of trading, and this could be the perfect moment to strike while the iron is hot.
To get started on this thrilling trading journey, I encourage you to take the following steps:
1. Conduct a thorough analysis: Dive deep into Chainlink's market trends, historical data, and any relevant news that could impact its future performance. This will help you make informed decisions and maximize your trading potential.
2. Set up a trading plan: Determine your entry and exit points, establish risk management strategies, and set realistic profit targets. A well-thought-out plan will guide you through the volatility and keep you focused on your trading goals.
3. Execute your trade: Once you have done your due diligence and devised a solid plan, it's time to put it into action. Open your trading platform, select Chainlink, and go long with confidence.
Remember, trading involves risks, and it's crucial to exercise caution and trade responsibly. Always consider your own risk tolerance and financial situation before making any investment decisions.
Now is the time to harness the potential of Chainlink's perfect entry point with RSI at 52 and Positive Awesome Oscillators. Don't let this golden opportunity slip through your fingers! Get ready to embark on an exciting trading adventure and potentially reap the rewards that await.
📈 LINK Ready For Start a New Bull Move📥 The Main Pattern At The Chart Is a Triangle Which I Expect The Price Will Breakout The Trend Line In Near Future
👉 Buy Zone Is Here At 14.6$ And Targets Are 15.8$ And 19$ Area
LINK LONG TERM SETUPIt is crucial to mention that trading in cryptocurrencies such as Bitcoin involves significant risk, and investors should always exercise caution and adopt proper risk management strategies.
LINK GOT STUCKHello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
Zoomed IN picture on LINK,
As we can see price got stuck inside this rangy market, Meanwhile, price is sitting around our upper bound, where we will be looking for new bearish movements.
Moreover, from a shorter-term price is still overall bullish, and for the bears to kick in we need a break below the marked major swing low, then a movement lower would be expected, till the lower bound of this range.
Unless price managed to break above our upper bound of this range, then a movement higher would be expected.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Link level held
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#Link Update
Held the 13.40 level,
in at 13.57. 🧵
Been a while, but got some ups.
Taking some off up here.
Still in the sideways zone,
even with a pop of the high, could just be a b/x wave.
Careful if 16.60 pops!
15.39 is my new level of interest.
#Altcoin #Elliotwave
