ChainLink 30% profit projectionChainLink reach support level inside expanding channel up. This support also fibonacci .382
we can follow bullish wave from this level and aim for 30% profit projection at expanding channel up resistance. If this support broken, we can rebuy (martingale) at 15.482
Trading setup :
Buy now at around 17.879
Take profit 1 : 20.120
Take profit 2 : 23.264
Martingale :
Re-buy at 15.482
Good luck,
I will update more if I found new key level.
Make sure you support this analysis to get quick notification of any update.
LINKUSDT trade ideas
Chainlink(LINK): Waiting For Perfect Entry!Chainlink caught our attention with a good potential for downward movement here (once we see a clean breakdown from that orange zone).
100EMA is the first supportive zone that will be on the way before confimational breakdown, which means we wait for the breakdown of 100EMA!
Swallow Team
Link at Elliott Wave AOIIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
BIST:LINK update 🧵
Rejected from level identified.
Triggered a short entry, 20.246.
Now at AOI, identified.
Trade is counter trend atm and at an AOC,
TP here on short, looking for react to add long.
Need react 1st.
#alts #cryptotrader #Elliottwave
Link contraction after flagLink is having a contraction after the previous bull flag, this is extremely bullish. A stochastic reset is noted during this consolidation of price action. Decreasing volatility eventually leads to expansion. Link tends to lead BTC runs so if this rips expect BTC to follow shortly after.
#LINK/USDT 1h (OKX Futures) Ascending wedge on resistanceChainLink printed two shooting stars in a row and seems likely to retrace down to 200MA support.
⚡️⚡️ #LINK/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Short)
Leverage: Isolated (5.6X)
Amount: 5.0%
Current Price:
20.219
Entry Targets:
1) 20.449
Take-Profit Targets:
1) 19.002
Stop Targets:
1) 21.174
Published By: @Zblaba
CRYPTOCAP:LINK OKX:LINKUSDT.P #ChainLink #DeFi #Oracle chain.link
Risk/Reward= 1:2.0
Expected Profit= +39.6%
Possible Loss= -19.9%
Estimated Gaintime= 2-4 days
Momentum of $LINKUSDT : A Guide for Traders and InvestorsImagine you're an eager shopper in a bustling marketplace, eyeing a hot commodity called BINANCE:LINKUSDT . In this market, there are two types of buyers: those who buy wholesale and those who buy retail.
Buying wholesale is just like going to purchasing goods directly from the manufacturer or distributor, getting them at a discounted rate. It's like getting a bulk deal on your favorite snacks at the warehouse store – you pay less per unit because you're buying a larger quantity.
Now, let's relate this to BINANCE:LINKUSDT trading. When the price of BINANCE:LINKUSDT Linkusdt is in the wholesale zone, typically between $15-17, it's like finding a great deal on a sought-after product. In this case, the product is BINANCE:LINKUSDT tokens. Buying in this zone means you're getting them at a lower price, just like scoring your snacks at a bargain before they hit the regular shelves.
On the other hand, buying retail is like purchasing those same snacks from your local convenience store. You're paying a higher price per unit because the convenience comes at a premium. Similarly, buying Linkusdt when it's already surged past $20 is like paying retail price – you're still getting the product, but you're paying more for it.
So, for traders and investors eyeing BINANCE:LINKUSDT , the strategy is clear: aim to buy wholesale and sell retail. That means looking for opportunities to enter the market when prices are in the wholesale zone, ideally during a pullback or breakout, and then selling when the price reaches retail levels.
Just like savvy shoppers hunt for bargains and wait for sales, traders and investors in the BINANCE:LINKUSDT market keep a keen eye on the price movements, looking for the best entry points to maximize their gains. By understanding the concept of buying wholesale and selling retail you can navigate the market with confidence, knowing your are making informed decisions just like smart shoppers in the marketplace.
LINKUSDT.1DBased on the given market data, the LINK/USDT pair is currently priced at 19.94 USDT. The Relative Strength Index (RSI) over 4 hours is 53.49, which is a neutral position and doesn't indicate overbought or oversold conditions. The Moving Average Convergence Divergence (MACD) for 4 hours is 0.043, suggesting a slightly bullish sentiment. The Bollinger Bands (BB) for 4 hours is at 20.85, indicating that price volatility is relatively normal.
The support levels for 4 hours are at 19.230, 18.800, and 17.529 USDT, while resistance levels are at 20.85, 21.0, and 21.600 USDT. These are the price levels to watch for short-term trading.
On a daily basis, the RSI is 72.19, indicating overbought conditions and suggesting a potential price correction. The MACD is 1.185, again indicating a bullish sentiment. The support levels for a day are at 18.700, 16.700, and 15.400 USDT, while the resistance levels are at 21.700, 24.500, and 26.100 USDT.
On a weekly basis, the RSI is 77.38, suggesting the market is overbought and there could be a price drop. The MACD is 2.549, indicating a strong bullish sentiment. The support levels for a week are 14.560, 12.0, and 9.080 USDT, while the resistance levels are at 21.700, 26.100, and 28.800 USDT.
In conclusion, the LINK/USDT pair is showing a bullish trend in the short term, but the overbought conditions on a daily and weekly basis suggest there could be a potential price correction. Therefore, traders should be cautious and consider taking profits or setting stop-loss orders to protect their positions. As always, it's essential to consider other market factors and news that could influence the price.
Chain Link Always Recover After the BTC Dump Link toke all Liquidity below the Lower Lower in 4 H time frame Structure
, if it accepted back to the Horizontal range this will be Bullish For Chainlink if not then we might visit the 12 $ Area again
Long From here with Stop loss below the liquidity area which has been taken. 12.200 $
Like and Follow Plz if you find the Idea useful :)
Chainlink(LINK): Will or When We Short?Chainlink caught our attention as well, with some decently high potential for the reverse to happen soon!
We are monitoring the coin after multiple BOS and FVG zones are left on the lower zones, which are waiting to be filled.
As the price had a nice breakup at $17.10, we are looking for that same sentiment to be re-tested.
So we shared two potential entries for a short position here; now starts the waiting game.
Swallow Team
Chainlink ($LINKUSDT) Wholesale Bargain?? or Retail?Imagine yourself wandering through a vibrant crypto marketplace, scanning the digital shelves where prices oscillate between $32 to $36 for regular buyers and drop to $12 to $18 for bulk purchasers. These price fluctuations are reminiscent of the retail and wholesale sections in a bustling store.
Now, let's decrypt this shopping narrative into the realm of crypto trading, focusing on Chainlink ( BINANCE:LINKUSDT ). The retail price range mirrors its standard market value, while the wholesale segment symbolizes discounted prices.
Picture stumbling upon a clearance rack in the wholesale section, marked with discounts indicating stocks trading below their intrinsic value. This echoes finding Chainlink with an RSI below 30, signaling it's trading below its perceived worth.
In simple terms, an RSI under 30 suggests Chainlink may be oversold, just like finding a deeply discounted item in the wholesale section valued far beyond its price tag.
Just as savvy shoppers hunt for deals, smart investors spot opportunities to acquire Chainlink at wholesale-like prices, leveraging its potential despite market volatility.
In essence, understanding the dynamics of retail versus wholesale strategies helps navigate the crypto space, uncovering undervalued assets like Chainlink.
Join the discussion! How do you perceive Chainlink's position in the crypto market? Share your insights below!
Link Elliott Wave impulse ending!?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
#LINK update 🧵
Impulse coming to an end?|
Got the 1D and 4H here.
Some clues, no confirm.
Triggered in at STF, for a short.
Most important levels for me, atm.
16.68 breach kills W5 impulse, AL.
17.98 breach impulse at STF complete.
#Elliottwave #Elliotwave #Chainlink