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LINK

LINK has registered a range trend!Over the past week, LINK has registered a range trend on its important support range. After the buyers' efforts brought the price of this currency to the resistance range of 9.3-10 dollars, the simultaneous profit saving of short-term buyers and selling pressure in the market forced the medium-term buyers to sell their assets. As you can see, we are generally in the descending channel in the weekly time frame and in a trading range area in the daily time frame. The floor of this area in the range of 6.2 to 5.9 dollars has repeatedly prevented the price from falling, and this support occurred again in the last encounter. But the most important thing about the last encounter is that the penetration of the price inside this range is a sign of possible breaking of this level and the possibility of falling to the bottom of the descending channel in the range of 4.5 to 5 dollars. In the 4-hour time frame, you can consider a downward trend line for possible reversals. By breaking this dynamic resistance, the possibility of short-term growth to the $7 range can be provided. Of course, in the condition that Bitcoin stays at least in the range trend and does not fall further.
by MonoCoinSignal
25
LINK - WE HAVE TRADE HERE!Hello TV friends!, I bring you the idea of ​​a trade that I will do now on the link. At this moment we observed that the link tried to break a high with little strength, which characterized a false breakout. The entry, stop and target are depicted on the chart. I will take partial profits in order to reduce my risk throughout the trade. The market is very bearish. And what do you think of this idea? Comment down below and give us a boost to support our work! To the next!
BINANCE:LINKUSDShort
by GustavoCorrea1
2
BTC, PYR, LINK, VET time to DCA?!Market can still capitulate and altcoins will in that case drop 40-50% or so. But lets assume that the market will recover fast. If the short time downside is 40-50% and the longtime upside is multiples...I don't think "waiting for the perfect entry" is the best choice. Don't wait to long to DCA into your favourite altcoins that you believe will survive the bear market. If the market suddenly turn bullish, you will quickly lose that big X-factor, upside (multiples to all time high) that the market offers you right now. Here are three of my favourite coins to DCA into - VET/PYR/LINK.
Long
by TaTaTaCrypto
3
LINKUSD: Was It a Fake Bullish Breakout? 😱 | Nov. 25, 2022This week, we will stick to the 4-hour time frame to analyze the price action in detail! It seems like a false bullish breakout was seen earlier this week following which a strong rally was witnessed. Seems like the price will soon approach the next resistance situated at $7.35. If the resistance is reclaimed by the bulls, traders can expect a strong rally in the coming week. Once the resistance at $7.35 is reclaimed, we can see a clear path to the supply zone at $8.51. However, this view is only valid once the price is able to sustain above $7.35. Traders must maintain caution of the demand zone at $6 because if this zone is broken once again, a sharp fall could be seen. At the time of writing, it looks like we may see a small pullback as the RSI has started falling. Expect the price to test the support at $6.3 before continuing the rally. The important price levels for this week are $6.3 and $7.35!
by CoinMarketCap
2
Chainlink Bullish Since June - Long-term Targets Mapped (117%) Chainlink (LINKBTC) has been bullish since June 2022. We have a clear bottom pattern on this chart that is followed by an uptrend; currently within bullish consolidation. This week we have a full green candle, prices moving above EMA10 and bullish indicators... All pointing up. The targets are as follow: 1) 0.000511 2) 0.000699 3) 0.000887 Main support/stop-loss: 1) 0.000323 A weekly close below this level activates the stop-loss. Chainlink goes bullish. This chart setup is aiming for a higher high on the next bullish jump. Namaste.
Long
by AlanSantana
1
Chainlink Trade (High Risk)This is a really high risk trade but I like these springboard patterns they have high hit rate for me. Every time LINK has dropped under 5.8 it has been bought back up pretty quickly. The 12hour time frame has caught these divergences pretty well and we just confirmed another one with the last candle. So what do we have : 1. LINK extreme oversold zone RSI under 40 2. Bullish divergence on 12h 3.Springboard setup 4.Max Fear in the market I take the trade Stop loss last swing low 5.6
COINBASE:LINKUSDLong
by Sporia
6
LINKUSDT Falling WedgeOn the 4 hourly chart there is a huge falling wedge on Link but also had a contraction and expansion. A breakout could be due soon, but the overall sentiment right now in crypto isn't the best and it had a violent pump right above the 6.1 USDT value line (LINK). and is struggling on resistance right now, personally, I'm keeping Link in mind as a swing trade. I think that LINK can test the support zone of 5.67 - 5.926 one more time and get a tighter range before breaking out
Long
by Traders_Endeavors
1
LINK - Once A Castle; Always A Castle! 🏚Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. LINK has been stuck inside a big range in green between 5.0 and 10.0 For the bulls to take over from a long-term perspective, we need a break above the upper bound of the range and round number 10.0 Meanwhile, since we are approaching the lower bound (5.0) we will be looking for buy setups on lower timeframes. For the bulls to take over from a short-term perspective , a break above the last minor resistance in orange around 6.5 Meanwhile, until the bulls take over, LINK can still trade lower to test the 5.0 zone or even break it downward. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
35
LINK: $6.0 will hold ?Although LINK had a good prospectus just before FTX news hit the market, the higher optimism must be postponed for the moment. Markets need time to calm down and to regain confidence after the scandal, in which sense, LINK could not perform in a much better way from current moves. As daily trading volumes significantly decreased, the price of LINK was moving between levels of $6.6 down to $6.0. The support line at $6.0 is holding strongly for LINK. Since May this year it was the lowest level for the coin. RSI made tiny moves between levels of 40 and 43. Moving averages of 50 and 200 days are moving so close to each other, but still as two parallel lines. The golden cross might come soon, but it will take some market reaction to the positive side of the market. In a week ahead, fundamentals will hold the market attention, in which sense, some significant moves should not be expected. Of course, more negative news will have a negative impact on the price of LINK, where it would be pushed lower from the current support line. In case that this is not a scenario for a week ahead, then modest recovery should be expected, at least to the levels below the $7.0 resistance line.
COINBASE:LINKUSD
by XBTFX
The missing Link is in the wedge Look at that beautiful wedge. The ability to create massive wealth in crypto long term is shown in a very simple chart pattern. This pattern breaks out to the upside 53% of the time. Confirmation of the patter occurs when proce closes outside of one of the trend lines. We saw a retest. And now see some good reason to go long. Will you place your money on black or red. Or will you use smart money concepts to know where the smart money is… Slam that like and follow for more like this. Message me for more details
COINBASE:LINKUSDLong
by Verum0
1
LINK Is Trading Too Close to Support! What's Next? 😨 Nov. 18In our previous analysis, we ascertained if the support at $7.5 is taken out, the price will test the last standing support at $6.2. At the time of writing, LINK is trading dangerously close to the support at $6.2, and it looks like a breakdown could be seen soon. If this support is broken, traders can expect the price to collapse to $5.2, which is the 52-week low. Therefore, traders should proceed with caution until LINK is able to reclaim the resistance at $6.5.
by CoinMarketCap
1
LINK USDT | potential +30% up #LINK/USDT 🟢Entry price: 6.3 to 6.1 🎯Targets: |> 6.83 (Sell 40%) |> 7.1 (Sell 30%) |> 7.8 (Sell 20%) |> 8.6 (Sell 10%) 🔴Stop-loss: 6 (closing 1D candle under stop-loss) ➡️Recommended risk: 0.25% ➡️Recommended Position Size : 5% please note that due to the current market situation this trade signal is considered risky, so we must stick together to the stop lose and risk management strategy and not to gamble with our money. stay safe and trade safe thank you!
Long
by Khaledzu