Linklong
LINK above the Daily EMA200LINK has managed to rise above the 200-day moving average in the daily time frame. This movement is expected to be accompanied by a long-term bullish wave to the price of HKEX:12 and $18. Try to make your purchases step by step in the current area with low risk and hold until you reach the specified targets. Consider below the support area as a stop loss.
LINK/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this LINK/USD update by CRYPTO SANDERS.
CHART ANALYSIS:-chainlink (LINK) rebounded from Thursday’s losses in today’s session, with the token climbing by as much as 5%
Following a low of $7.17 yesterday, LINK/USD raced to an intraday high of $7.65 on Friday.
As a result of the rally, chainlink once again moved above its long-term resistance at $7.55, hitting a one-week high in the process.
Looking at the chart, today’s breakout coincided with the RSI climbing past a ceiling of its own at 55.00
As of writing, the index is tracking at 57.54, which is marginally below a higher hurdle of 58.00 points.
Should bulls move beyond this point, then there is a good chance that LINK will move toward $8.00.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
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
LINK/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this LINK/USD update by CRYPTO SANDERS.
CHART ANALYSIS:-chainlink (LINK) was also in the green in today’s session, with prices trading by as much as 7% higher.
LINK/USD rose to a peak of $7.17 earlier in today’s session, after falling to a floor at $6.57 the day prior.
Friday’s rally came after LINK bears failed to sustain a breakout at a long-term support point of $6.60.
However, bulls were able to move past a point of resistance at 50.00 on the RSI, which was one of the catalysts of today’s climb.
As of writing, the index is tracking at 52.71, which is close to a ceiling at the 54.00 zone.
In the short-term bulls may attempt to send the token to $7.50, however, there appear to be several obstacles the way that could prevent this.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
LINKETH - Sat on a Critical Level, Can We Break Upward by 10%?We've got a pretty strong Buy signal from Crypto Tipster v2 today - looking at the chart it would appear we're currently sat right on a critical pivot point, the market could choose to go either way from here, or even consolidate for a short while too!
Based on the recent rebound off support @ 416 and breaking through the next level of resistance above that, we're staying positive on Chainlink for now and predicting gains of around 10% over the next few weeks to one month.
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
link flipped the zone. look for dips | $8 tp1 $12 tp2link finally flipped our zone. looks great.
although an entry here likely is not ideal. we should be looking for dips to long.
if you zoom out, this is a nice bottoming range. should have tons of room to run up this year, if the market keeps pushing.
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!
LINKUSD - POSSIBLE SCENARIO #2Just charting a couple different possible scenarios for Chainlink because I'm bored. This is similar to the one I previously posted but with less downside and a lower cycle top. Keep in mind I am not trading this or using this as a strategy whatsoever, just some random TA for me to practice with tbh
Long Entry at Strong LT Support Zone for CHAINLINKGreetings, Snipers!
LINK has been consolidating sideways from $5.30 - $9.50 since May 2022
Two long-term trendlines from 2020 have been well-respected as support. As you know, the longer the time-frame, the more reliable the signals.
In the shorter time frame, we can trade this sideway channel:
We can take a long-entry now, at $6.00, and sell at $9.00 for a Risk-Reward ratio >3 (SL at $5.20).
If Bitcoin cannot hold the current support, we may see Link drop to the next support at $4.30.
Hope you enjoy my first post! I wish to give back to the community, more or less, after lurking around for so long :)
Happy Sniping!
link usdtThe trend is returning, the price is at very good point
But I suggest that if you are looking for long , wait for a shadow with good volume under the purple line FOR BETTER CONFIRMATION AND GOOD R/R
RSI LOOKS GOOD
BREAK THE YELLOW TRENDLINE EASILY
STRONG MOVEMENT TO UP SIDE
TWO GOOD SADOWS TO DOWN SIDE THAT COULDN'T BREAK THE GREEN LINE
WITH 3 GREEN CANDLES IN 2H TIME FRAME 2 FIBONACCI LEVEL BREAKED REALLY EASY
FAILED TO PUT A NEW LOW
VALID VOLUME ON BIG GREEN CANDLE
NOT A FINANCIAL ADVICE
$LINK - TRADING OPPORTUNITY. Short Term, 4H Chart.$LINK - TRADING OPPORTUNITY.
Yesterday we posted a bearish 1D Chart for Chainlink. But in the short term, I'm expecting some upside.
This is the EXACT trade I'm taking. (4H Chart)
The SL shows the Stoploss, and the green supply box is where I'm looking to sell!
#LINK
LINKUSD: Was It a Fake Bullish Breakout? 😱 | Nov. 25, 2022This week, we will stick to the 4-hour time frame to analyze the price action in detail!
It seems like a false bullish breakout was seen earlier this week following which a strong rally was witnessed. Seems like the price will soon approach the next resistance situated at $7.35. If the resistance is reclaimed by the bulls, traders can expect a strong rally in the coming week.
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 once the price is able to sustain above $7.35.
Traders must maintain caution of the demand zone at $6 because if this zone is broken once again, a sharp fall could be seen. At the time of writing, it looks like we may see a small pullback as the RSI has started falling. Expect the price to test the support at $6.3 before continuing the rally.
The important price levels for this week are $6.3 and $7.35!
LINK Is Trading Too Close to Support! What's Next? 😨 Nov. 18In our previous analysis, we ascertained if the support at $7.5 is taken out, the price will test the last standing support at $6.2.
At the time of writing, LINK is trading dangerously close to the support at $6.2, and it looks like a breakdown could be seen soon.
If this support is broken, traders can expect the price to collapse to $5.2, which is the 52-week low.
Therefore, traders should proceed with caution until LINK is able to reclaim the resistance at $6.5.
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