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LINKUSDT

LINK/USDT 1DInterval ChartHello everyone, I invite you to review the one-day chart, LINK in pair with USDT. We will start by defining the main downward trend with the yellow line, then it is worth defining in blue the downward trend channel, which gave a dynamic upward trend for the price, which allowed the price to overcome the main downward trend, while creating a dynamic upward trend line. Now, when we unfold the Fib Retracement grid, we can see how the price is struggling to positively test the resistance zone around $19, if the test ends positively, we can get a new upward movement towards the resistance level at $26.47, and then an important level which we should take into account is the level of $40.39. Looking in the other direction, it is equally important to identify potential price support points. And here the level of $14.86 is significant, which should keep the price from falling to the next support levels at $10.97 and then to the price of $8.26. Please look at the RSI indicator, where we can determine the downward trend line from which we can see the indicator bouncing again, there is also a lot of room for a potential recovery. However, the STOCH indicator shows that we were moving towards the upper limit, which resulted in a rebound with room for a larger move.
by cryptodailyuk
ChainLink The Great AccumulationHello dear traders! If you like my graphics, please use Like button 💙💛. There exists a potential scenario wherein COINBASE:LINKUSD could undergo a substantial x4.6 surge between late 2023 and early 2024. In the chart provided, you can observe the accumulation pattern, with the price action mirroring it remarkably accurately. What strengthens this possibility is the ongoing robust accumulation phase that has been in progress since April 2022, spanning nearly 500 days.
Long
by ArShevelev
8
The possibility of growth for this currencyIt is in an upward trend, but now it has faced a divergence in the daily time, so the possibility of price correction to the bottom of the ascending channel in the daily time will not be far from expected. The important ranges of support and resistance for this currency have been determined in daily and 4-hour time. If the Link currency can stabilize itself above $20, in the first step, it will be possible for this currency to grow up to 30%.
Long
by karaco2022
🚧Link is Bullish now🚧 & many Traders don't see it 👀!!!Hi. - COINEX:LINKUSDT Is in a Bullish flag Pattern! we Can Expect a Bullish Movement as much as the Measured Price movement ( Flag pole ) to happen! - COINEX:LINKUSDT broke out of the bullish flag and now testing the major supply zone around $18$. The Flag Is Broken - Break above the one will lead to more rally 📈 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅ Thank you, and for more ideas, hit ❤️ Like ❤️ and 🌟 Follow 🌟! ⚠️ Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
3
LINKUSDT Fortifying Demand ZoneChainLink has once again proven its mettle by successfully defending the demand zone for the fourth consecutive time. This defense is a testament to the substantial demand for LINKUSDT that refuses to waver. Adding to the impressive show of strength, a simple uptrend trendline stepped into the spotlight, showcasing a bounce that echoes the resounding demand for ChainLink. The story here is clear: there's a substantial appetite for LINKUSDT, and the market is signaling a strong vote of confidence. So, what's on the horizon? Be prepared for a continuation of the upside move, a path that seems almost inevitable given the current scenario. The nearest resistance is at 161.8% Fibonacci retracement level. The stage is set for a grand performance, and we anticipate this level to be tested in the coming weeks.
Long
by CryptoPAMM
Is chainlink about to moon(10X)Based on the chart: Correction after the impulse started and is a flat correction, so based on my counts, it's either WXY or ABC correction, meaning, we need at least 3 correction cycles for us to confirm that it has ended and we are about to continue being bullish or a reversal is about to happen. So for Link the structure is looking bullish, correction is a continuation correction, at the current price levels we can/might be expecting a price going up from here...
Long
by Theofylrx
14
LINKUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Waiting for last upward movement before correction. Entry: Market and lower Target zone: 18.5 - 21$ after first target reached move ur stop to breakeven Stop: (depending of ur risk). ALWAYS follow ur RM . risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
Long
by trytofeelpositive
1
LINK → Chainlink About to Breakout!? Let's Maximize Profits!Chainlink bounced off the top of the Resistance Zone at $20.00 and is threatening to break out. Is this a situation that calls for a long or a short? How do we trade this? 🤔 Never long in a Resistance Zone! But also, don't short prematurely. I believe LINK will make an attempt to break out of the Resistance Zone, but we need confirmation of the break before we can enter a long trade. Wait for a strong close above $20 followed by a test of the Resistance Zone as support. Once we see a strong bull bar closing on or near its high after a bounce on the Resistance Zone, we have the justification to enter a long trade. I do believe that Bitcoin has a high likelihood of pulling back into the $30,000-$35,000 range before we see new all-time highs. Such an event will likely drag the altcoin market down with it. This is partially why this trade is set up to take half profits at 1:1 Risk/Reward and move the stop loss up to the entry price, locking in profits. The remainder of the trade can then be executed without worry of loss. 💡 Trade Idea 💡 Long Entry: $21.60 🟥 Stop Loss: $17.185 ✅ Take Profit #1: $26.00 ✅ Take Profit #2: $34.85 ⚖️ Risk/Reward Ratio: 1:3 🔑 Key Takeaways 🔑 1. Two strong pushes to the upside 2. Strong resistance at Resistance Zone 3. Price action still above EMA ribbons 4. Wait for a break, close, and test of the Resistance Zone as support to enter a long trade 5. RSI at 70.00 and above the moving average, supports pullback then long 💰 Trading Tip 💰 Trends typically have three legs in either direction. Signals of a reversal include strong buy or sell bars with large wicks, higher highs and lower lows get weaker, and responses to the reverse direction get stronger. Confirmation lies with double and triple bottoms with a strong candle closing on or near its low/high. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and Follow to learn more about: 1. Reading Price Action 2. Chart Analysis 3. Trade Management 4. Trading Psychology
Long
by TraderEngineering
6