ChainLink 30% profit projectionChainLink reach support level inside expanding channel up. This support also fibonacci .382
we can follow bullish wave from this level and aim for 30% profit projection at expanding channel up resistance. If this support broken, we can rebuy (martingale) at 15.482
Trading setup :
Buy now at around 17.879
Take profit 1 : 20.120
Take profit 2 : 23.264
Martingale :
Re-buy at 15.482
Good luck,
I will update more if I found new key level.
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LINK
Link daily bullflag target= $23 weekly bullflag target= $25Link starting to act like it’s about to break upward form this daily timeframe bullflag in teal. We can see below that it has already broken upward from the larger weekly timeframe bullflag in pink. Our next stop should be $23 to reach the daily bullflag target and then $35 to reach the weekly bullflag’s target. No guarantee the current candle is the breakout candle but it does feel like even if it isn’t the breakout candle is still just around the corner. *not financial advice*
Link at Elliott Wave AOIIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
BIST:LINK update 🧵
Rejected from level identified.
Triggered a short entry, 20.246.
Now at AOI, identified.
Trade is counter trend atm and at an AOC,
TP here on short, looking for react to add long.
Need react 1st.
#alts #cryptotrader #Elliottwave
#LINK/USDT 1h (OKX Futures) Ascending wedge on resistanceChainLink printed two shooting stars in a row and seems likely to retrace down to 200MA support.
⚡️⚡️ #LINK/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Short)
Leverage: Isolated (5.6X)
Amount: 5.0%
Current Price:
20.219
Entry Targets:
1) 20.449
Take-Profit Targets:
1) 19.002
Stop Targets:
1) 21.174
Published By: @Zblaba
CRYPTOCAP:LINK OKX:LINKUSDT.P #ChainLink #DeFi #Oracle chain.link
Risk/Reward= 1:2.0
Expected Profit= +39.6%
Possible Loss= -19.9%
Estimated Gaintime= 2-4 days
LINKUSDT.1DBased on the given market data, the LINK/USDT pair is currently priced at 19.94 USDT. The Relative Strength Index (RSI) over 4 hours is 53.49, which is a neutral position and doesn't indicate overbought or oversold conditions. The Moving Average Convergence Divergence (MACD) for 4 hours is 0.043, suggesting a slightly bullish sentiment. The Bollinger Bands (BB) for 4 hours is at 20.85, indicating that price volatility is relatively normal.
The support levels for 4 hours are at 19.230, 18.800, and 17.529 USDT, while resistance levels are at 20.85, 21.0, and 21.600 USDT. These are the price levels to watch for short-term trading.
On a daily basis, the RSI is 72.19, indicating overbought conditions and suggesting a potential price correction. The MACD is 1.185, again indicating a bullish sentiment. The support levels for a day are at 18.700, 16.700, and 15.400 USDT, while the resistance levels are at 21.700, 24.500, and 26.100 USDT.
On a weekly basis, the RSI is 77.38, suggesting the market is overbought and there could be a price drop. The MACD is 2.549, indicating a strong bullish sentiment. The support levels for a week are 14.560, 12.0, and 9.080 USDT, while the resistance levels are at 21.700, 26.100, and 28.800 USDT.
In conclusion, the LINK/USDT pair is showing a bullish trend in the short term, but the overbought conditions on a daily and weekly basis suggest there could be a potential price correction. Therefore, traders should be cautious and consider taking profits or setting stop-loss orders to protect their positions. As always, it's essential to consider other market factors and news that could influence the price.
Chain Link Always Recover After the BTC Dump Link toke all Liquidity below the Lower Lower in 4 H time frame Structure
, if it accepted back to the Horizontal range this will be Bullish For Chainlink if not then we might visit the 12 $ Area again
Long From here with Stop loss below the liquidity area which has been taken. 12.200 $
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Link Elliott Wave impulse ending!?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
#LINK update 🧵
Impulse coming to an end?|
Got the 1D and 4H here.
Some clues, no confirm.
Triggered in at STF, for a short.
Most important levels for me, atm.
16.68 breach kills W5 impulse, AL.
17.98 breach impulse at STF complete.
#Elliottwave #Elliotwave #Chainlink
Link has formed a Bullish FlagLink has formed a Bullish Flag, I expect that it continues to go up soon.
🔵Entry Zone 19.421 - 19.714
🔴SL 19.064
🟢TP1 22.000
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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.
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.
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%.
🚧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 📈
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
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⚠️ Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
$LINK Steady Grind Up, Next Opportunity Coming.This Link chart is not something new from me, some time ago I showed you this accumulation range that lasted some 500 days.
Now Link has broken out of the accumulation phase and entered expansion.
What does this mean?
It means Link will sustain a steady grind up with tight, shorter consolidation ranges until the next macro correction like we just some last month or two. It will be difficult to get involved with any serious size, confidently.
My strategy?
Train1 has left the station from accumulation and train 2 has left from the most recent macro consolidation. Therefore I will wait until the next clear high to be printed and macro consolidation range to set it, it will be clear.
Green candles will turn into red candles. Range high and range low will appear.
Link is currently in the next 'lead up' phase in the green box in my opinion. Could slice straight up, could come straight back down, so why but in thin air?
You yourself know in your gut where a good entry is, trust your gut sometimes and be patient.
Vatsik
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.
Link appears to be finally breaking up from the bullflag. After countless wicks above the pink channel on the daily time frame, link finally broke upward with authority and has already reached the channel’s measured move target. Once we switch to the weekly timeframe shown here, we can see that channel is also a very valid looking weekly bullflag and the measured move target for the bullflag Breakout is $25.30 or so. Now that it has reached the 1st target of the two (channel breakout) some consolidation or slight pullback before heading up to the higher bullflag target is always possible, but I anticipate it reaching the full bullflag target soon enough *not financial advice*