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LINK

Whats happening with Chainlink?To say that the trajectory of Chainlink in the past eight months has been anything but surprising would be an understatement - unfortunately, the surprises have not been in the coin's favor. Despite having one of the strongest fundamentals in crypto, its pattern, price range, and movements have been quite unusual in my opinion. It has broken all trend lines and channels from its genesis, and there are no historical patterns to compare it to. Last year, I was setting up for one of my biggest trades with Chainlink, as the price was perfectly aligned with my Fibonacci time sequence. However, the FTX black swan event occurred, and since then, it hasn't quite recovered like the rest. You can check out those failed TA's under "Related ideas" below. While other coins in the market have seen massive rallies of hundreds of percentages, Chainlink hasn't done much, only up 33% from its lows. This brings me to a new channel that I will be testing out this year. If anyone has any other channels from genesis, please let me know by clicking on the link below. There isn't much to go on with Chainlink until we break the resistance seen below. It's been 245 days and four attempts, but we've never managed to close above it. The LMACD on the 3-week timeframe is showing momentum coming up, but the price is going down, indicating that divergence is building. The LINK/BTC dominance chart has always been the most crucial chart to trade Chainlink, as you can see from the chart. Currently, we're sitting in the same place before we had a massive run of 124% in price back in January 2020. The resistance was broken at one point, and we even closed a weekly above it, but then failed to hold it as support due to the FTX black swan.The big Chainlink move comes once we have a clear break from this resistance, which it has been stuck under for 917 days. Using this Fib time sequence, we knew that the bottom was in for Chainlink. I have been using this Fib sequence on the dominance for years, going back as far as 2019 when i was trading LINK I used this channel. For the past 280 days, the price has been ranging, and there have been a lot of good trades in the $5 dollar range. However, now we want to see it break out!
COINBASE:LINKUSDLong
by Sporia
8
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! :)
Long
by theCrypster
6
LINK: market loves LINKOne look at the chart from the last week and first thought is that the market just loves LINK. This is one of the best performing altcoins during the increased market optimism which was evident during the previous week. Although LINK started the week struggling around $6,5 level, the price soon went to the higher grounds, breaching the $7 resistance and ending the week by testing next resistance at $8,0. For some time in the past, we have been mentioning that investors see high potential in this coin, and its increasing use among crypto practitioners and networks. RSI indicator started the week below 50, but it is clearly heading toward the overbought side of the market. Currently, the indicator stands at level of 65, missing 5 points until the clear overbought market side is reached. Moving averages of 50 and 200 days started to modestly converge toward each other. There is still distance between them, but at least there is some indication that a potential cross might occur some time soon. LINK had a strong push in price during the previous week, in which sense, if some short reversal occurs in the coming days, it should not be a huge surprise. On the other hand, there are still prevailing buying orders as of the end of the week, which might push the price even to the level of $8,5 during the week ahead. It should be taken with precaution, as short reversal also might occur, at least to the level of $7,5, with low probability that support at $7 might be tested.
COINBASE:LINKUSD
by XBTFX
✴️ Chainlink 5X Lev. (~100% to 390% Potential)My dear friends, I am back providing you with great content... The intention is to share my view and opinion and for us all to learn and be entertained. Trolls... Stay away, this is for true followers only and responsible, adult, conscious people. If you don't know how to approach a lev. trade then please, stay away, do your research first, study because I am no financial advisor. This is my view of the charts and trading involves risks regardless if you buy with or without leverage/margin, crypto or stocks or anything. In fact, most everything in life posses some sort of risk, so keep in mind that each individual human being, soul, is responsible for his/her own actions. I am writing all this because people will troll me in the comments section saying it is illegal to share my ideas... Trade ideas... It is just that, an idea. This can be a success or a failure... That is for the market to decide. What we know for certain is the potential vs risk. The market situation, how the chart is looking, etc. We are live with 5X on LINKUSD. I will share the trade numbers with you: ----- LONG LINKUSD 5X Entry: 6.10-6.60 Stop: Close daily below 5.75 Liquidation: 5.226 Targets: 1) 7.10
2) 7.70
3) 8.20
4) 9.0
5) 10.0
6) 11.5
 Capital allocation: 3% Potential profits: 390% ----- Trading with lev. is high risk and recommended for experts only. If you are a beginner start with spot trading and once you are successful at it for 2-3 years then make the leap. If you want to start right away be aware that there is a price to pay to learn. Liquidation can result in your entire position being lost. If one cannot take a loss, one cannot trade. Losing is part of the game as much as winning... In fact, we tend to lose more than we win overall... But we win in the end if we learn from our mistakes. Thank you for your continued support. Feedback is appreciated in the comments below. Namaste.
BITMEX:LINKUSD.PLong
by MasterAnanda
10
✴️ Chainlink Still Within Consolidation Box (165%+ Potential)Chainlink (LINKUSD) is still trading near its bottom, literally still sideways within its consolidation box. While our leveraged trade is already way ahead in profits, the true action is yet to start. 19-Jan. ✴️ Chainlink 5X Lev. (~100% to 390% Potential) Lets have a look at the different resistance levels. We have 7.917 as immediate resistance, easy to takeout. This is followed by EMA50 at 10.25, easy since we've seen other pairs flying through this barrier. We have 12, 16 and 20... The full details can be found in the trade idea above. Thank you for reading. Namaste.
BITMEX:LINKUSD.PLong
by MasterAnanda
Link BTC - eying 90% gain - in this downward market crashBeen watching Link for quit some time - I use longer time frames. on BTC chart. we have broken the falling wedge - as long as we hold weekly above 4000 satoshi. Broken a gann fan which it has been holding for quite some time. This is one gigantic falling wedge. but you got to zoom out to see it. sometimes less noise from the market is better - and focus on the bigger picture. Falling wedge - Next wave major - wave 5 . But lets not be greedy - will just target 0.618 fibo range as a medium term trade. On USDT pair - we can see the gann angles - and a very clear accumulation pattern at the current range - the liquidity pool is used to accumulate more link. Very clear to see on the current size of the volume bar. Many alts broken down and made a lower lows, while link held the gann angle well. target is around 87% on usdt to the next zone as a minimum. In addition, link is developing quite nicely and they have stacking incoming in December. If there is anything currently in the market - there are only 4 tokens I've got my eyes on after completing from Matic and BNB. Currently Link is one of them. Better image attached.
Long
by mtrade8888
3
Long everything?We have been making lower lows on the daily RSI since the start of the year and even though price has reached a new low the daily RSI has printed a higher low. Bullish divergence is forming and with price sitting on this amazing support which has shown time and time again it can pivot momentum quickly to the upside I think we there is a high chance there will be a reversal from here. Its hard to ignore how insane this confluence point is weekly bullish divergence on the NAS100 cannot be ignored either. Also the USDT dominance hit exactly the same level as in June 2022 , still waiting for a break and weekly close under this white support line to confirm strong relief rally. I still think we go up from here .
INDEX:BTCUSDLong
by Sporia
1
#LINKETH - 35% Rise Coming Off SupporttheCrypster - A slowly closing wedge and plenty of profitable trades from top to bottom within #LINK - that's what we've had for numerous months so far; here we go again! We're currently sat right on the lower edge of support and have received a good Buy signal from CTv2, we can see #CHAINLINK increasing somewhere between 30%-40% to the upper edge of resistance. If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
Long
by theCrypster
14
LINKUSD Is it finally moving?Chainlink is consolidating around the 1day MA200, being slightly more bullish as the 1day MA50 is holding. Today's highly volatile 1day candle is evidence that the market is prepared to move higher. The Channel Down on the RSI could be a Bull Flag as it was in October. We are buyers with 8.200 the short term Target. Next buy above Resistance A with our Target a bit lower than Resistance B at 9.4500. In the same sense, below Support A, we turn to selling with 5.7000 our Target. Follow us, like the idea and leave a comment below!!
BINANCE:LINKUSDLong
by TheCryptagon
5