LINK Weekly View - February 2023Hello Guys, Weekly Analysis is on the LINK Symbol in 4H Time frame, I Hope it Will be Useful for You, Don't Forget to Like, Follow, Comment
LINK
LinkusdtForming Descending Channel In daily timeframe
incase Of breakout Expecting 100 To 110% bulish Move
#Chainlink Correcting After 40% Surge, Resistance at $7.50Past Performance of Chainlink
Chainlink prices are solid when writing, looking at the daily chart. In January, LINK prices soared roughly 40 percent, finding intense liquidation at around $7.50. For the uptrend to take shape, buyers should force the coin above this week's highs, reversing losses of January 30, ideally with expanding volumes.
#Chainlink Technical Analysis
Chainlink is technically bullish at spot rates. Despite the correction of January 30, the bearish engulfing bar had relatively light trading volumes, a net positive for prices. The failure of bears on January 31 to further force prices lower might indicate support, validating the uptrend. Even so, there could be more opportunity for buyers should there be gains above $7.45, nullifying the bear trend following the correction from this week's highs. Suppose LINK holds above $6.23 and $6.57 support levels. In that case, buyers might find an opportunity to accumulate, aiming for $7.50 and later $9.4 in a buy trend continuation pattern.
What to Expect from #LINK?
Buyers are confident, but the dip on Monday somewhat forced liquidation from weak hands. In the days ahead, buyers must overcome immediate resistance levels and hold prices above crucial support lines for the uptrend to remain valid.
Resistance level to watch out for: $7.50
Support level to watch out for: $6.57
Disclaimer: Opinions expressed are not investment advice. Do your research.
LINKUSDT Analysis - 31 JANUARY 2023Hello Guys, Today's Analysis is on the LINKUSDT Symbol in a 15M Time frame, I Hope it Will be Useful for You, Don't Forget to Like, Follow, Comment
LINKUSD Potential for Bullish Continuation | 31st January 2023Looking at the H4 chart, my overall bias for LINKUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market.
Looking for an immediate buy entry at 6.912, with price within an ascending channel and recently reflecting off the bottom of it. Stop loss will be at 6.270, where the recent low is. Take profit will be at 7.808, where the previous swing high was.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
LINKUSD Futures ( LINKUSD1 ), H4 Potential for Bullish RiseTitle: LINKUSD Futures ( LINKUSD1 ), H4 Potential for Bullish Rise
Type: Bullish Rise
Resistance: 9.580
Pivot: 7.550
Support: 6.580
Preferred case: Looking at the H4 chart, my overall bias for LINKUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Expecting price to break the pivot at 7.550, where the recent high is before heading towards the resistance at 9.580, where the previous swing high is.
Alternative scenario: Price could head back down to retest the support at 6.580, where the 50% Fibonacci line is.
Fundamentals: There are no major news.
LINKUSD Potential for Bullish Continuation | 31st January 2023Looking at the H4 chart, my overall bias for LINKUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market.
Looking for an immediate buy entry at 6.912, with price within an ascending channel and recently reflecting off the bottom of it. Stop loss will be at 6.270, where the recent low is. Take profit will be at 7.808, where the previous swing high was.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
MONI - hard to chart There is a lot of traction these days. It's very very to chart exponential growth. But because I see so many post about this very low mc coin on Kucoin, I think it has a potential to do 3x from now. support at 0.025, 0.02$. volume growing.
LINKUSDT - About to FACEMELT 🤯Hi Traders, Investors and Speculators of the Charts 📈📉
Altcoins have gained some ground on BTC and the markets are currently taking a breather after continues upside price action. Chainlink, however, has been trading range for an extended period of time. This is bullish according to the Wyckoff Method Analysis; pointed out on the chart to the left. LINKUSDT is currently trading in accumulation phase and a potential parabolic move towards the upside can be expected after a longer period of rangebound trading.
The first large resistance zone is at $14, nearly a 110% increase form the current price just under $7.
While you're here 👀 Checkout this trading plan for SYSUSDT . Syscoin is an altcoin with massive upside potential and currently trading in it's ideal accumulation zone (bargain!) :
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BRIEFING Week #5 : Markets Anticipated, Will Reality Confirm ?Here's your weekly update ! Brought to you each weekend with years of track-record history..
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That's the best way to support me and help pushing this content to other users.
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ChainLink Weekly View - JANUARY 2023Hello Guys, Weekly Analysis is on the ChainLink Symbol in a 4H Time frame, I Hope it Will be Useful for You, Don't Forget to Like, Follow, Comment
LINK - DYDX - SUSHI || Coincidence? I don't think so Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
As per my trading plan / routine, I update my charts and alerts every Sunday night to be ready for the upcoming week.
Tonight, while going over all the charts, I noticed that these there assets / tokens are forming similar price action.
LINK - DYDX - SUSHI || Weekly Chart:
After rejecting a support zone and round number, these three have been stuck inside a range in the shape of a double bottom pattern.
🏹 For the bulls to take over long-term, we need the double bottom pattern to get activated by a momentum candle close above its neckline in gray.
Meanwhile, until the bulls take over, we would be stuck inside the range.
📚 We know that the entire crypto market is correlated in a way or another, but these three took my attention as the similarity is huge.
what do you think? is it a coincidence? are these three somehow related?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Short-term bullish channel.The resistance in the $6.69 to $7.10 is broken and becomes support. Therefore, the next target of buyers is considered in the resistance range of $7.81. This area could have a negative reaction, but the main resistance is in the $8.3 range.
Reversal patterns on the chart have not yet formed, and the price is inside a short-term bullish channel.
LINKUSDT RANGE $5 TO $9Easy range play from about $5 to about $9. Long at 5, sell at 9 until proven otherwise. Midfib review trade idea.
$ETH Bearish DivergenceEthereum hourly interval showing a bearish divergence in its MACD. Also taking the shape of a head and shoulder top. Good night
LINK/BTCThis one is good coin in great price area and now heating.
Accumulate and wait for profits, 0.00053344 is my position.
Hold for a long time or take what you recognize, it's up to you.
$MKR $ETC $PYR $ENJ sold off bit, $FARM $LINK lagging, $DG SLOWLook for #crypto that have run, sold off & basing
Possible #Cryptos
$MKR
$ETC
$PYR
$ENJ
Slow movers
$FARM
$LINK
Hasn't moved
$DG
LINK Seems to have a great downward aheadHi dudes
As I work with Divergence, a big 4 hours RD divergence in MACD ( which actually shows a higher time frame ) is being shaped, So I don't look for any big LONG position at the moment, but a nice big SHORT when my triggers at the lower time frame is pulled.
Besides, the long term guys are clearing their positions in multi-steps way as shown in the 1 hour and 15m time frames ( something like 3Drive )
Remember, the divergence is not completed yet, but it's probably gonna get a good shape.
Once triggered, you can either enter at the starting point, or wait some while for the price to change the direction and then get all the -HD & -RD divergence ( or use trend lines breaking + appropriate candles as a trigger ).
I will post a new one in the near future :)
good luck
LINK - chainlink short term trading potentialI usually only chart shitcoins, but LINK caught my eye today. Hasn't really grew a lot, bullish divergence on 1D/1W. It has tremendous upwards potential, since its fundamental value hasn't changed. x2 short term is very possible. 12.5 USD... first goal (goals are green). then 17 USD. Not sure about second, but first one is very reachable. support 7USD. (or maybe a little under)
Link to retest resistance - 300% gainsLink is ready to retest the resistance from the previous bull market
Did some shopping on this dip $LINK $FARM $ALICE $JASMYDid some #crypto shopping on this dip, had cash from recent sells, still have $
Buying things that haven't moved as much or are likely in process of moving bigger
Nibbled tracker position on $JASMY b4 but bought a building position here
Upped cost basis on $ALICE
#p2e #metaverse #NFT
$FARM & $LINK are more for trades
Although #FARM does move, may reconsider
LINK Hello, this is a swinger trader STUKOVA!
On the 6H timeframe we can see a nice up trend. I expect to see the 4th touch of the trend line on my personal red indicator + EMA and then I can decide if I enter a pullback or if I wait to see a breakout. I trade with the trend lines so for me it's crucial to see the real trend and to enter a trade as early as possible!
