Chainlink Chainlink showing high volume trading activity on the 4hr staying in the green percentage wise all while most of the rest of the crypto currency and stock markets continues to plummet.
LNKUSD trade ideas
link nearing resistancechainlink is headed into resistance while btc and eth look like they ran out of juice for the day. 8.2-8.3 could be the hammer down point for link. watch out for it
LINK JUST BACKTESTED KEY AREAHere we go, LINK is holding strong and back tested the $8 psychological resistance and is primed and ready break for the upside of this wedge, Hidden bullish divergence is starting to play out and momentum is starting to slowly build.. LINK performs really well above $8 mark, failed the first few times but the bears may go back to hibernation for a bit. Sleep tight!
LINK NEXT BULL RUN If you follow this you can easily become financially free, do what you want with this information ;)
George Soros is buying all your chainlink. The great wall of chainlink marines has been set at $5. Impossible to break. Going all in at these levels is what the smart money is doing. FTX:LINKUSD
LINK BREAKING OUT (PENDING)LINK is now at a KEY level. The hidden bullish divergence is playing out as it is now attempting to break prior resistance after being rejected the last time. LINK needs to BACKTEST 7.92 an trigger support that was once resistance. LINK above these levels RIPS, as we can see from recent market history. We also know that LINK usually makes it’s moves when BTC is in the red. These levels are crucial
link usdt possible long entry price broke the level and retrace from the same level and now again following the bullish trend .
trade your levels according
LINK SHORTNot much to say, but I am not confident in count, especially with our current price action
Big Forecast...So I have added the pitch fork and reaction lines for future price highs - the wave plot is a visual representation of what I can potentially see playing out (however the timing may not be) - Oracles will play a huge role in the future of blockchain and Link is the best play for it.
Link 4Hr Update#Link is currently trading at $8.095 in my long position that started around $7.10. Currently up about 14% #Chainlink looks really strong in the #cryptocurrency space.
LINK: $9 might be a target?Positive moves for LINK continued for a second week in a row. Generally increased market optimism has pushed the price above the $7 resistance line, while as of the end of the week, the coin managed to reach the next resistance at $8. If buying orders continue to prevail on the market, it might be expected that a long term resistance line at $9 might easily be the next target for LINK.
During the week the RSI made a move from the level of 43 up to 58, which is indication that the market is setting the path toward the overbought side. At the same time, moving averages of 50 and 200 days continue to converge toward each other. There is still some space between two lines, in which sense, the golden cross is postponed.
Current charts are pointing to the potential that the price of LINK might head toward the $9 resistance line, in case that current resistance at $8 is clearly broken. However, this move needs to find support in the high level of buying orders, which will depend on general market sentiment during the following week. On the opposite side, there is a high probability for the coin to shortly revert to the down side in order to test the $7 support line for one more time.
$LINK | Short Ride UpLINKUSD has broken the down trend on the DAILY and looks to repeat similar patterns in June and August, with a major difference being that it has also cleared the 50EMA as well as the beginning of a 13/48 EMA cross happening. I think a good ride to the next resistance area will take and a possibility of break through. I placed a LONG BUY for LINKUSD and placed the stop loss below the 50EMA as it has respected this since the 13/48 cross.
Here's my numbers:
Entry: $8.13
Take Profit: $8.55
Stop Loss: $7.72
Actually flipped the other side of the pump to 9.5Just expecting link to bounce around and control it's volatility until Chainlink's Smart Contract convention at the end of this month when I'm expecting some major movements.
LINK Bullish RSI Retest - Bullish engulfing close and were offIf LINK can close this week with a bullish engulfing candle we can see a lot more upside. The RSI has back tested on the weekly and is in the process of confirming. Next area to watch is the down trend resistance line.
Long time to break this triangle maybe sooner than later.I traced the pattern on the other side of this Chico Crypto pump to 9.5
$LINK UpsideJust a scenario for LINK. Looking at a potential push upwards if she can break out of this infection point
LINKHELLO GUYS THIS MY IDEA 💡ABOUT LINK is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Seller from this area will be defend this SHORT position..
and when the price come back to this area, strong SELLER will be push down the market again..
DOWNTREND + Support from the past + Strong volume area is my mainly reason for this short trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
LINK, 4 hours head and shoulders bottomThe following are machine translations:
In the 4-hour chart, the head-and-shoulders bottom pattern broke through the neckline and continued to be bullish.
The fast and slow line of the indicator macd is above the zero axis, indicating a bullish trend. The RSI indicator is above the neutral 50 and is in bullish territory.
Summary: The head-and-shoulders bottom pattern and bullish indicators continue to be short-term bullish.
LINKHELLO GUYS THIS MY IDEA 💡ABOUT LINK CHAINLINK is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Seller from this area will be defend this SHORT position..
and when the price come back to this area, strong SELLER will be push down the market again..
DOWNTREND + Support from the past + Strong volume area is my mainly reason for this short trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
LinkUSD 15 min Demand & Supply Zones #Chainlink #Link 15 Min chart Demand and Supply Levels.
Bullish Supply Range ( Go Long) - USD 7.20/- to USD 7.27/-
(Blue Circle in Image)
Bearish Supply Range ( Go Short) - USD 7.51/- to USD 7.47/-
(Red Circle in Image)
#Chainlink #Link #cryptocurrency #cryptocurrencies #crypto
Suggested Move - (Go Long) - USD 7.20/- to USD 7.27/- range
$LINK | Short Term Long With LINKUSD touching the 200EMA on the hourly, this could be a good spot for a push back to previous area of around $7.12 in the short term especially at extreme oversold levels. This isn't a long term BUY as $LINK has to make it past the downtrend line for me to consider a massive move but in the meantime might as well make a little gain. Good opportunity and based on previous movement, place stop loss below the swing low.
