LINKUSDT | BREAKOUT? LINKUSDT is trading in a rising wedge.
It has immediate resistance at 35-35.5.
If it manages to break above it long entries can be taken.
Buy: 35.5-36 (Closing above)
SL: 29
TP: 42 and 46
LINK-USDT
🔥 LINK Huge Move: Shot At New All-Time High?A few weeks ago I made an analysis on LINK and the bullish channel it was trading in.
Today, finally, the second target area has been reached and the trade was ended successfully. Congratulations if you took the trade.
LINK is currently trading within a strong area of resistance, ranging from $32 to $35. I'm expecting the price to trade within this area for a little while.
However, as soon as we can get a decent break out from this area, I'm expecting LINK to see some huge gains coming its way.
Main target placed at $44, the second ATH top. With enough bullish price action LINK could even make a new all time high in the coming weeks. Let's see where traders can get this token.
Happy trading!
LINKUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a daily time frame.
As you can see, the price has formed a bat pattern that can fall in steps, if it drops below the first support line.
But if it stabilizes above the resistance line, we can consider a climb.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
LINK / USDTLINK is going back to all time highs. just a matter of time, of course. Large caps coming next
LINKUSDT | SELL ON STRENGTHLINK USDT is trading in a rising wedge, recently it tested top of wedge at 33-34
It has broken short term trendline (yellow) signaling short
Sell on strength: 29 - 31
SL: 32.6
TP: 27
💡Don't miss the great buy opportunity in LINKUSD @chainlinkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (29.46).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. LINKUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 59.
Take Profits:
TP1= @ 31.57
TP2= @ 32.95
TP3= @ 34.63
TP4= @ 36.31
TP5= @ 39.14
SL= Break below S2
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🔥 LINK Channel Break OutTwo days ago I made an analysis on LINK. In this analysis I argued that LINK was trading inside a bullish channel and that we're going to see either more consolidation or a break out.
Earlier today, LINK saw a nice move up and broke out of the channel. With the market trading down currently, I'm still not confident we're going to reach the first target at $32 soon. It appears that the first support is going to be the top trend line of the channel, a re-test might launch the price up.
However, there might be more downside in the current market. In that case, look for a reversal from the bottom trend line of the channel.
On the other hand, the overall market is still bullish. Therefore I've added a second target to the break out pattern at $35. Might take a week or two to get there.
Happy trading!
LINK/USDT Breakout in dailyLink is showing a breakout in daily against the USDT. Top of channel is roughly 50 USDT in a mid term time frame, in short term as long as things remain bullish for the market then 30-32 usdt can soon be tested.
🔥 LINK Bullish Channel: Reversal Or Break Out?LINK has been lagging the market a little. A lot of tokens are seeing substantial gains, but not LINK.
Since the September lows, LINK is trading in a tight bullish channel pattern. With the market showing exceptional strength lately, there's a decent chance that LINK will break out of this channel pattern in the near future. In that case, I'm looking at the $32 resistance for a short-term target.
However, keep in mind that a minor correction is currently on its way, which could send LINK down. In that case, keep an eye on the channel support line for a potential reversal trade.
Happy trading!
LINK/USDTPlease read the note before buying.
Note: ⭕This analysis is for the medterm. ⭕Manage money and buy step by step.
Like and comment please. Good luck
🔥 LINK Bullish Price Action After Re-testing ResistanceLINK has recently broken out of the descending wedge pattern that it has been trading within for over a month. After the break out occurred, LINK had to re-test the wedge resistance as support and has now seemingly confirmed the break out.
Once we see a move above ~$28, we can expect the bulls to take over and potentially launch the price upward toward $30 and beyond.
The main target for the current break out is placed at $31.5, second target at $36. Let's see what LINK has in store for us in the coming days.
Happy trading!
Long(Buy) opportunity for Link 4HHi, as you can see #LINK has broken its resistance and is breaking its long-term downtrend line.
If it can break the trend line as well, it can reach next resistances at 28.200 - 29.700 - 31.400
But if it does not, we will wait for the pullback and after closing the confirmation candle, we will long it.
*** This is my personal analysis and it is not a signal or anything like that, it is to give you a better view, always deal with your personal strategy ***
Regards,
S4jj4Dch
LINKUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a 4-hour time frame.
As you see, the price has been able to break its resistance line upwards and is fluctuating above it, which is currently playing the role of a support line.
We expect the price to hit its support line and start moving up again.
But it's also possible to start moving up from this area. But as long as it is fluctuating above the support line, we expect a rise.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
🔥 LINK Massive Bullish Move: New TargetsA few days ago I made an analysis on LINK. I argued that LINK was facing a strong break out and that a move towards the $32.5 - $35 resistances was imminent.
Over the last few days, LINK was one of the main gainers. The led to our targets being reached in a very short time-span. Congratulations if you took the trade!
I think that there's move fuel in the current move. Therefore I'm moving the LINK near term targets to $40 and $45 respectively. Be aware that we could potentially see a move towards the $32.5 support before going up again.
Happy trading!
🔥 LINK Finally Breaking Out?Since LINK saw a strong move late July, the token has been trading sideways for all of August.
With the current bullish state of the market, it might finally be time for LINK to continue the upward trend, hoping for a shot of a new ATH in the future.
Current main targets are $32.50 and $35. Wait for the price to close above $30.5 to confirm the break out.
Happy trading!
LINKUSDTIt seems that the price is being pulled back to the descending river line, which has been broken.
If the price can break the downtrend line upwards, the next price target will be $ 30.
But the more likely strategy is that after the end of the pullback to the downtrend line, the price will fall to the range of $ 24 to $ 25.
🔥 LINK Long-Term Bull Trend: UpdateTwo weeks ago I made an analysis on LINK. Here I argued that LINK was still inside a multi-year bull-trend and that things were about to turn around for this token.
With the market currently behaving exceptionally bullish, I'm expecting LINK to follow the market and go up with time.
First main area of resistance would be the green marked area from $32.5 till $35.5, I'd advise to take some profits around there in case things go south.
Main target for the bounce is $53, potentially higher!
Happy trading!
LINKUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour time frame. As you can see, the price is approaching its bullish support line. We intend the price to be supported and move upwards. But in case of loss of support, we consider the fall to the next support.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
🔥 LINK Long-Term Bull Trend: UpdateAround two weeks ago I made an analysis on LINK. Here I stated that LINK was still trading in a long-term bullish channel and that we might soon expect a reversal.
The price broke out of the lower support for a week, which caught me off guard since I expected the line to hold. In the end, BTC wanted to go lower. Naturally, LINK followed.
The current outlook for LINK looks much better than before. The price has moved back into the channel, potentially signaling a new bullish move in the near future.
I'm looking at the $20 support at the moment. A weekly candle close above $20 would be indicative for a new bull trend for me. Long term target would be the current all time high, based at $53.
Happy trading!
🔥 LINK Bearish Weekly Channel Break OutA couple of days ago I made an analysis on LINK. Here I stated that LINK was still inside the bullish channel on the weekly time frame.
However, as of yesterday LINK has closed below the weekly bullish channel. Furthermore, LINK is even falling further today on Bitcoin woes and uncertainty.
I'm currently looking at the red support area for a potential buy in. Not saying that LINK will actually go there, but I won't be stepping in the market above $10 since there's simply too much uncertainty in the markets at the moment. We need a bullish catalyst to get out of the bearish momentum.
I deem LINK below $7.50 highly unlikely at this point in time. As mentioned before, I think that we're currently seeing a mid-cycle bearish move. Let's hope for some bullish momentum in the near future, but there's a big chance we're in for more short-term pain.
Happy trading!
🔥 LINK Still In A Long-Term Bull TrendAfter hitting the top of the channel two months ago, LINK is currently moving towards the lower support of the channel.
Assuming that this multi year pattern will hold, we should be expecting either a bearish move towards the trend line (beware of a potential wick) or a move upwards towards the top of the channel.
Seeing that current price action is not bullish at all, I'd expect a 10%-20% move downwards over the next weeks to touch the channel and reverse from there. Would be amazing to see a move like the one after the covid-dump. In that case, a $100 LINK would not be too far off from reality.
Happy trading!
🔥 LINK Triangle Break Out: UpdateRecently I've made an analysis on LINK where I stated that it was breaking out of the triangle. In the end, it appeared that the break-out was just a fake-out, as the price retraced towards the bottom trend line of the channel.
Currently, we're looking at quite a bullish picture. BTC appears to be bullish (as per my latest BTC analysis) and some alts are killing it lately.
tradingview.com
All of this is good news, also for LINK. I'm currently looking at the $22 resistance to be the major point of reversal. It's located at a recent local high, plus the channel top trend line. After this, I'm expecting a minor retrace towards the channel bottom support.
Obviously, if BTC becomes massively bullish, there's a big chance that LINK will burst through the $22 resistance and move up towards $25.
In the more bearish case I'm looking at the red area of support. I'm not expecting that LINK will go below $15 again in the near future. In case LINK will enter the red area of support it will be a perfect moment for a potential long term trade.
Happy trading!
