Chainlinkusdt
Chainlink (LINK) forming bullish Gartley for upto 12% pumpHi dear patrons, hope you are well and welcome to the new trade setup of Chainlink (Link).
Previously I shared a long-term trade setup for LINK, which is till in play as below:
Now on a 4-hr time frame, LINK is about to complete the final leg of a bullish Gartley for another price reversal move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
LINKUSDT looks bearish now (NEW)LINKUSDT looks bearish as the price has created lower highs due to getting rejected from the downsloping resistance.
Currently the price is sitting on the support where we can expect a bounce towards the downsloping resistance. However, if it keeps getting rejected and the key support fails, we may see lower prices.
How to trade:
Enter short at the resistance.
Take profit levels, stop loss and the final target are shown on the chart.
Take profit levels can be considered as buy levels if you're DCAing into LINK.
Good luck
LINK: Resistance BreakoutChainLink (LINK) technical analysis:
Trade setup : Following a bullish breakout from Descending Triangle , price also broke above 200-day moving average and $8 resistance to resume Uptrend. That was a stiff resistance where price got rejected several times last year. Upside potential to $9.50 next. Recent rally was driven by launch of staking service.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $7.00 (previous resistance), then $5.50. The nearest Resistance Zone is $8.00, which it broke, then $9.50.
LINKUSD: Should We Expect More Upside Movement? 🥹 | Jan. 13This week, we will stick to the 4-hour time frame to analyze the price action in detail.
The bulls seem to be in control after another strong week. After a strong rally last week, LINK was able to extend its gains to hit a new swing high of $7.1. We can see some consolidation happening now which was expected after the sharp rally that started earlier this month.
In our previous analysis at CoinMarketCap Alexandria, we had anticipated a move to $7.35 - it was almost achieved earlier this week.
The supply zone at $8.51 will become the new target once the resistance at $7.35 is regained. This view is only valid if the price can sustain itself over $7.35.
It is very important for the price to sustain over $6.30 right now, as a breakdown from this level could lead the price to $5.6.
Traders must still maintain caution by waiting for a reversal from the support at $6.30. If a reversal is seen, then the coming week may be more favorable for the bulls!
The important price levels for this week are $6.5 and $7.35!
LINKUSD: Will LINK extend its gains? | Jan. 13, 2023This week, we will stick to the 4-hour time frame to analyze the price action in detail!
After setting a new 52-week low earlier this month, LINK seems to have recovered significantly from the fall. It broke a very crucial support at $5.7, however, the bulls were quick to return to help push the price back above the demand zone. We can see strong momentum, and traders can expect the price to approach the upper resistance at $7.6 in the coming weeks if the momentum is maintained.
Once the resistance at $7.35 is reclaimed, we can see a clear path to the supply zone at $8.51. However, this view is only valid if the price is able to sustain above $7.35.
We might face some resistance at $6.5. Once this zone is cleared, a move to $7.35 looks almost certain!
Traders must still maintain caution by setting a stop-loss below the demand zone at $5.7. The coming week may be more favorable for the bulls!
The important price levels for this week are $6.5 and $7.35!
LINK: Sideways ChannelChainLink (LINK) technical analysis:
Trade setup : Price broke back below $7 and 200-day moving average and appears to be trading in a Sideways Channel ($6-8). Swing traders could trade the channel: Enter near $6 support and exit near $8 resistance. Recent rally was driven by launch of staking service.
Pattern : Price is trading in a Sideways Channel , which is a neutral pattern (indication of market indecision). Trend Traders ought to wait for a breakout in either direction, although typically it breaks in the direction of the existing trend. Swing Traders can trade the range – Buy near Support and Sell near Resistance.
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bearish but inflecting. MACD Line is below MACD Signal Line and RSI is below 45 but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $6.00. The nearest Resistance Zone is $7.00, then $8.00, and $9.50 – $10.00.
Don't miss opportunity for short position Chainlinkhello guys
we have a very good opportunity for a Chainlink short position
as you can see it's going to break the support level
all you need to know is in the chart
good luck
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LINK: Sideways ChannelChainLink (LINK) technical analysis:
Trade setup : Price broke back below $7 and 200-day moving average and appears to be trading in a Sideways Channel ($6-8). Swing traders could trade the channel: Enter near $6 support and exit near $8 resistance. Recent rally was driven by lanch of staking service.
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $7.00, which it broke, then $6.00. The nearest Resistance Zone is $8.00, then $9.50 – $10.00.
LINK: Bullish Resistance BreakoutTrade setup : Price bounced off of $6.00 support zone, which also held up in June and July and broke back above $7.00 resistance and 200-day MA, with big volumes, which could signal trend reversal with upside potential to $8.00 resistance.
Trend : Uptrend on Short-Term basis and Downtrend on Medium- and Long-Term basis.
Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $6.00. The nearest Resistance Zone is $7.00, which it broke, then $8.00, and $9.50 - $10.00.
LINK/USDT - Major Resistance Breakout 🚀Looking at one of our favorite cryptos; Chainlink $LINK on the 4H and 1H charts.
Broke through a major resistance during this recent crypto market pump.
Some might say this could be a "buy the rumor, sell the news" situation with the staking & CCIP incoming.
Time will tell. Either way, we're pretty bullish on the project!
-TucciNomics
Chief Overlord, AlgoBuddy
LinkFinally Showing Lots Of Bulish Signs
InDaily Timeframe Descending Trendline Has Already Broken
Wait A Bit
Actually Link Breaks 2 Patterns In Daily Tf
2nd Is Symmectrical Triangle And Both Patterns Are Already Broken
Lets Have Look At Indicators
100 Ma Has Also Cracked Yesterday
Rsi Also Breaks Ling Range To The Upside
Lets Summarized Our Analysis
Link Is TRying To Tell Us That He Wanna Fly Now
Looking Very Good For MIdterm Buy And Hold For Few weeks Or Even Months For minimum2 or 3x
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
Linkusdt 3D Buyers are trying to push the Link price upYour attention is the global chart of the trading pair Linkusdt on a 3-day time frame
For more than 2 months, buyers of the Chainlink token have been trying their best to keep the price above the $5.50 level. And although it is difficult in the current maximally suppressed phase of the crypto market, but they are succeeding at this time.
Maybe now buyers are trying to form a reversal trend figure: Double bottom, or Adam and Eve. The working goal of working out this pattern is in the area of 15 dollars.
In general, there is a large liquidity zone $12.5-17.5 above, and at the moment there is little belief that they will be able to break it upwards with ease. If such a miracle happens, then the maximum positive goal for 2022 for Link is 22 dollars.
A clear signal that the buyers will have capitulated, and the sellers have won the fight, will be the fixing of the Linkusd price below 5 dollars.
In such a situation, one must be very careful and realize that the next support level is around the $2.70 area
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Chainlink LINKUSDT Swing Trading Setup Buy Opprtunityin this chart you can see Chainlink 6 hour chart and breakout two month old resistance line and after that hold as a support,
Current price Linkusdt $9.2 we can expect now price will go down 0.61 fib level $6.8-7$ and if hold that support and we will see reversal candle,
Then we have buy Opprtunity there,
it's a swing trading setup and if it's work so we can expect target will be hit next 2-4-8 weeks.
If you want to invest this so please don't forget to put TP n SL.
Wish you all the best.
Make Profit with Rashid
Here's our recent Analysis:
Chainlink LINKUSDT Chart long term view Technical Analysisin this chart you can see Chainlink chart (LINKUSDT)
I was share my knowledge and my view as well,
Chainlink current market rank #21 and it's fundamentally strong project,
We can clearly seen Link hold two years old support $5-6
July 2020 Link break this Resistance level and hit ATH $53 in may 2021,
After that we can see rejection from $53 and price start going downside,
finally hit $5.5 in may 2022 and it's a strong Support Zone now,
So if you're looking to buy and hold this fundamentally strong project Chainlink,
I was explain everything in this chart.
What our buying zone and also our target for mid-term and long-term as well.
Wish you all the best.
Make Profit and Remember Rashid