Short LINKi consider this a very easy , low risk set up with a very valid stop.. doesnt get easier than this..
Chainlink
CHAINLINK!!! BULLISH LOOKING FOR CONTINUATON!!!!Chainlink has now done a 60% pullback after doing a 75% pullback that was held on July 21st, 2022.
great for reversal.
it has respected horizontal support.
it has printed bullish engulfing candle.
Entry : $19.54
Stop loss: $13.60
Target 1: $25.40
Target 2: $31.20
Target 3: $37.10
Btw I use a modified shark or cypher pattern and trade it to the 1.618. Use your own caution.
Time to correct? Chainlink started the new year with a 50% growing and now it seems LINK has lost steam and after that big rally we need correction. You see the triangle on the chart and any candle close below the trendline may send LINK to 24_22 area.
Good luck
Chainlink Price AnalysisThe 26 support level is under threat due to the intraday violation shown on the 4-hour chart. A breakdown of this level allows the 24.00 support level to become the immediate target for the bears. 22.47 and 20.12 remain additional support targets in the near term.
Conversely, the bulls need to resist the intraday violation to preserve the sanctity of 26.27 as valid support. Any bounce from this level targets 27.52 initially before retesting the 28.76 barriers that held last week. Only when this barrier gives way can a price move towards 31.74 be actualized, which completes the measured move from the triple bottom.
Link 3D One of the few alts that is growing right nowThe last time we did a LINKUSDT forecast idea was six months ago.
Since then, the price has twice tested the level of $34.
Today, despite corrections and BTCUSDT pair's update of lows , the price of LINKUSD is headed up.
Soon the level of $34 will meet us again from above.
Then the last correction to the area of $23-25 is possible before the subsequent break up. This is where the dynamic support channel passes, which has already kept the price from a catastrophic downfall three times already.
After a strong fixation of the LINKUSDT price above $34, the way will open for the next growth target to $53.
If this trading pair is interesting for you, write about it in comments under the idea, and also write your opinions about the future price of Chainlink token
See your interest in the LINK coin, so we will update our thoughts on this trading pair more often.
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
Today is the perfect day to scale up LINK bagIf you miss the entry at 20, đont worry, today is the perfect day to get in. Entry at 28 , stoploss at 21
LINK IS READY CHAINLINK has been accumulating since may from the last high. I believe once we break this bearish trendline we could see some decent upside back to the 50s
Good Position for ChainLink - USDT Technical analysis of link ciphers in weekly timeframes.
(Please also read the previous analysis in the daily time frame).
Technical and price action training tips:
- The combination of MACD, RSI and CCI indicators is positive.
- The volume and average of transactions is satisfactory (especially in recent weeks has been excellent).
- The price is closed above the simple moving average line of the middle of the Bollinger Band.
- The price is in the upper half of the Bollinger Band.
- The price is entering its own cum cloud.
- has cut the price of base and canon lines (in Ichimoku indicator) upwards.
- The current price valley is composed of the previous higher price valley.
- The 553-day uptrend line had good support at the price of $ 15. (Even after the $ 53 price peak and the 74% drop)
Conclusion: The price has tremendous potential to reach $ 34 and $ 37.
First Target: 20%
Target II K 30%
like always :
- Observe capital management.
- Observe risk management to Reward.
Good luck and profitable.
very GOOD position for LINKThe situation is very good.
Technical analysis training tips in daily timeframe:
- The high price of the cloud is its own cum.
- The future Komoi cloud is green.
- Good trading volume in daily timeframes.
- The Bollinger Band is bullish.
- CCI is above +100.
- The RSI has not reached the shopping saturation zone.
- MacD is green and the MacD line cuts the signal line up and is located above it.
- The price has separated from its $ 17 price and has been on the rise over the last 27 days.
Tips from fundamental analysis:
- Oracle is very good.
- The best and most popular cryptocurrencies in the Oracle domain.
$LINK Continuation (Intraday Trade)Hi, been some time. A low timeframe chart of chainlink.
LINK has been trading in 27.6-28.4 zone since we saw yesterday's pamp trough 27.5 resistance. It hasn't retraced below which means enough buyers to support it above the resistance.
We could see next leg up today if BTC gives link room to move up and out of distribution zone. 28.8 - 29.5 - 30.8.
Wait for confirmation on this one or enter in the lower 27's. Careful, this is a short term margin trade!
Chainlink Target: $60 Stop Loss? NoneStaking coming this year. The foundation has stopped selling. Free Alpha
LINKBTC continuing uptrend - LINKBTC just bounced off the bottom part of the parallel channel
- LINKBTC just broke the local downtrend with volume which gives us a first target of the equilibrium of the parallel channel. Afterwards we target the beginning of the downtrend (0006804). Lastly, we are looking for the upper side of the parallel channel.
- MacD just crossed over and RSI has bullish divergence
Happy trading :)
LINK/BTC (ChainLink). A Trade to 3x your Bitcoin in Two Months!LINKBTC weekly chart video explains the trade I shared on my stream about two weeks ago. 40% potential loss to 200% potential gain over the next 8 weeks. Details are in the video. You can view the chart itself here .
LINK: two possible optionsLINK is fluctuating in this pattern which looks like a triangle but I think it's more of a pennant. I'm bullish on LINK and TA here is just based on four things:
clearly a bullish pattern;
people calling it on
LINK trending 4th on LUNARcrush
the fact that it has bottomed, even if it isn't shown here price went a little below 0.786 and started going up again
I see two possible upper borders to this pennant so I left both of them.
If you DCA your entry you'll be fine anyway but if instead you want to do only one buy use 23USDT as stop loss, it's more than -10% from current price but this because market is in turmoil right now and dips can go lower. I'd personally DCA my entry if I had fiat left. However last time I've checked (last night) BTC looked like it had bottomed and there were many people calling the bottom as well.
Good luck
ChainLink (LINK) flipped MA Ribbon bullish - more tasks to doChainLink´s 5 tasks on the daily chart...
1. break the 200 SMA (just in work)
2. break the MA Ribbon and turn it bullish (done)
3. break the volume resistance
4. break the 50 SMA (done)
5. break the resistance on RSI
Especially the RSI will be interesting.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
LINK 2H BUYLINK 2H support is at ~$24.6
Enter 50% here
and try to set some buy orders near the support zone
If LINK holds above the trendline,
the Take-Profit target would be $26.4, $28.5, and $30.8
Cheers
LINKUSDT, Exactly started moving from the zone toward ...Hello everyone
According to the chart and previous analysis the price and the movement of whale exactly started from the minor support zone and its moving upwards toward the target and reach to the resistance zone.
If you took position in LINK risk free it and go up with the price in anywhere the market wanna go
This time its not to take in position just update the last analysis
Good Luck
Abtin
Previous analysis :
LINKUSD Double Bottom Along 200MADouble bottom can be seen on the 200MA
price will likely move higher
daily chart
CHAINLINK BOTTOM IS IN 2022 IS THE YEAR OF CHAINLINKSergey stopped selling, staking coming this year. Targets: $37, $90, $200
Past Link VS Future ETHERstructures and waves repeat themselves usually. in these two, we've chainlink in the past had made a very similar move to the one ETHER is making recently. we might see the same completion in future just like it happened in the past (aggressively speculated. Chart can do completely the opposite)
LINK is a boss with Hidden Bullish DivergenceLINK WEEKLY CHART. This chart is
staying within the bullish channel
and if you look at the RSI, and look
at the Bull Pennant, this chart has a
HIDDEN BULLISH DIVERGENCE. Thats when
the chart has a higher low and the RSI
has a lower low...this chart is primed for a bullish move
to the price targets listed.
CHAINLINK Symmetrical Triangle on The WeeklyChainlink is forming a symmetrical triangle on USDT pair, its already breakin out on BTC and ETH pair, Im bullish on Chainlink since its been on accumulation in the last 7/8 months, Im sure we gonna see new ATH in the next 4 months or even sooner, here is the plan 29->34->40->44->new ATH. Chainlink is a good coin with a strong fundamentals, This time for sure, send it ma bois BINANCE:LINKUSDT .
A CHAIN is only as strong as its weakest LINK (Short-Term view)My previous idea for LINK proposed that it would rise toward the upper resistance of the channel (see below) and indeed it moved toward it for a good profit.
LINK is now facing local resistance at ~27.55 and if we move to the 1h timeframe, we can see it rejected this area multiple times and has made a slightly lower high.
Depending on your risk appetite this can be interpreted in different ways but due to the conditions we are currently in, a cautious approach may limit poor decisions.
With LINK being one of the few fearless altcoins even with BTC falling, it is only a matter of time until it also feels BTCs power. I think we may have a rejection from the current area toward the green support at ~22 based on the resistance, RSI and BB's. As LINK approaches the support area it is a good idea to zoom into lower timeframes to look for buy setups.
Of course, LINK can continue to rise within the channel if BTC begins to recover and turn its new resistances into supports again but that seems unlikely for now.
Please note I am not a financial advisor and this is not financial advice. All ideas are for educational purposes only :)
Please feel free to leave your comments and thoughts below!
