Quick LINKUSDT Short IdeaTrying a quick LINKUSDT Short here.
Reason: We see it run up to the 4HR Key Level zone and being rejected, so just trying to follow the price action and targeting the previous high to take profits.
Entry Price: 12.311
SL: 12.57
TP: 11.74
Planning to trim if needed in between but eventually the TP will be 11.74 or lower.
Good luck! Happy Trading!
Let me know your thoughts.
LINK
LINK-USDT 8h chart reviewHello everyone, let's look at the 8H LINK to USDT chart, in this situation you can see that despite a slight price rebound, we are still in a strong downtrend channel.
Let's start by setting goals for the near future, which include:
T1 = $12.10
T2 = $12.90
T3 = $13.91
Let's now move on to the stop-loss in case of further market declines:
SL1 = $11.07
SL2 = $10.03
SL3 = $8.37.
In this situation, it is worth paying attention to the RSI indicator, where we are again approaching the upper limit, which in previous situations resulted in a price correction.
LINK - Bullish Control Soon...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈After rejecting the $20 round number, LINK has been in a correction phase in the shape of a falling channel marked in orange.
Currently, LINK is hovering around a strong structure, support and round number $10.
🏹 Once the orange channel is broken to the upside, we will expect the next bullish phase to start leading to a movement towards the $20 mark again.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
#LINK/USDT#LINK
The price is moving in a downtrend on the 4-hour frame and is about to break upwards
We have a trend to stabilize above the moving average 100
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards
We have a major support area in green at a price of 9.70
The price rebounded from it
Entry price 10.00
First target 10.50
Second target 11.02
Third target 11.87
CHAINLINK long setup / Bulls or Bears, Tell me in CommentsBINANCE:LINKUSDT
COINBASE:LINKUSD
Hello Traders
💥Long position on LINK
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
10.62
10.72
10.85
10.94
11.08
11.20
🔴SL:
9.99
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
LINK Long Position (Consolidation Breakout)Market Context: LINK has been consolidating at support for the last six weeks, and this provides an opportunity to ladder into a long spot position with a favorable risk-reward ratio.
Trade Setup:
Entry: Enter a long spot position around $10.20.
Take Profit:
First target: $12.00 - $13.00
Second target: $16.00 - $17.00
Stop Loss: Just below $9.30
📊 This setup capitalizes on the consolidation at support with potential upside targets in a bullish market environment. #LINK #Consolidation #Crypto
LINK Long IdeaLINK
Entry: 11-10.5
TP: 11.4- 11.8- 12.0 - 12.2
SL: 10.35
I'm bullish on LINK monthly chart being in the golden ratio zone, its great to accumulate some here in spot and TP at 30-40% in 1-2 months but here's a setup for short term scalpers. Despite being a bit bearish on BTC, remember to stick to your SL
LINK Long-Term Entry OpportunityLINK has recently touched the bottom purple support again. After 4 touches, this support seems to be an important level for traders.
To optimize our entry, we're going to wait for the price to touch the support again in the coming weeks. With a stop below the recent fear-low and a target around the current all-time high we can construct a very decently bullish trade.
Keep in mind that it's a risky bet. BTC is slowly bleeding and alts overall look bad. However, a R/R over 20 when trading from an established long-term support is worth a bit of risk.
Link: Signs of life?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Bullish Take:
Breakout Possibility: The price has been testing the downtrend line (blue line), and a potential breakout above could lead to a bullish rally.
Key Levels to Watch: The next target after a breakout is the $10.812 level.
Recovery Formation: The price is hovering near a critical support level at $9.910, and if it breaks and holds, this could trigger a bullish reversal.
Bearish Take:
Downtrend Still Intact: The price remains under the blue trendline, suggesting the downtrend is not yet broken.
Support at Risk: If $9.910 fails to hold, the next support lies around $9.329, which could lead to further downside.
Lower High Formation: The chart shows a series of lower highs, reinforcing a bearish sentiment unless a strong breakout occurs.
In summary:
Bullish outlook if price breaks the trendline and moves above $10.812.
Bearish outlook if price breaks down below $9.910, potentially leading to $9.329.
Trade Safe,
Trade Clarity.
BEST Altcoins You can BUY NOWMany altcoins are close to bottoming, if not bottomed already. Here are some of my top buys right now in preparation for the next impulse wave UP:
1) POPCAT COINEX:POPCATUSDT
Popcat is looking bullish with higher lows, holding the diagonal trendline well. I'd look at dollar-cost-averaging with two orders, one on the trendline as well incase the price doesn't drop as low.
2) SUI BYBIT:SUIUSDT
Looking good after a strong V-shaped recover and making higher lows, which is a bullish sign. I'd say first major resistance is 90c - if we can close candles ABOVE and towards 96c, I'd say more increase is very likely.
Just keep an eye on BTC. Wouldn't want to see a fake-out above 90c just to get another drop. So a conservative approach is closes above 96c zone.
3) LINK BINANCE:LINKUSDT
Chainlink is an old-timer, and a safe bet for the next bullish impulse wave.
4) RUNE BINANCE:RUNEUSDT
Another top-pick for 2024. I' be happy to buy anywhere between these two zones:
5) RNDR BINANCE:RENDERUSDT
I'd like to hope we'll see a lower entry on Render, but if the price keeps closing above the upper white trendline it's unlikely we'll drop to the lower buy zones
6) DOGE BINANCE:DOGEUSDT
An altcoin compilation wouldn't be an alt compilation without Doge! Happy to buy between these two zones:
7) FTM BINANCE:FTMUSDT
My ideal buy zone would be the middle area, I doubt we'll see the lower zones soon
8) NEAR BINANCE:NEARUSDT
I'd be happy to buy anywhere between these two zones:
There are MANY more, but for the sake of time and space... let's get started with these!
_____________________________________________
LINK : MASSIVE Profits Possible from THIS ZONEA Bearish Head and Shoulders pattern formed in the weekly, and we're not quite out of the woods yet - usually, a H&S retraces all the way back to the bottom of the left shoulder. In this case, it falls exactly at the ideal buy back zone:
It's good to see that the trendlines are moving CLOSER together - if you look at historic prices, this usually precedes a time of range trading, followed by another impulse wave up. The wider the trendlines are apart, the stronger the sentiment (bearish if under, bullish if above):
_____________________________
BINANCE:LINKUSDT
Alikze »» FET | Bearish Flag🔍 Technical analysis: Bearish Flag
- In the analysis presented in the weekly Time, after a corrective trend up to the major ceiling area, it encountered demand, which led to a growth of more than 80%.
- Currently, in the 4H time frame in an ascending channel, in the middle area of the channel, as you can see in the chart, a bearish flag has been formed.
- Therefore, due to the failure of the supply zone, which is also recorded as a rejection candle, it can have a correction to the origin of movement after exiting the short-term ascending channel or the flag as high as the previous leg.
💎 Alternative scenario: In addition, if it can stabilize above the supply zone, the bearish flag pattern will be invalidated and it can continue up to the top of the growth channel.
🛑 Resistance: 1.172
🟢 Support: 0.78
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BINANCE:FETUSDT
LINK-USDTLINK-USDT.
Looking at this pair over a one-day time frame, you can see how the price stays below the downtrend line.
When it comes to support, we have visible:
SL1 - $10.40,
SL2 - $9.85,
SL3 - $9.10,
SL1 - $8.
looking the other way, you can see the targets at the following levels:
T1 - $11.66.
T2 - $12.47.
T3 - $13.66.
T4 - $15.17
Alikze »» TAO | Retest the bottom of the ascending channel🔍 Technical analysis: Retest the bottom of the ascending channel
- In the 4H time frame, after a price pump in the range of $162, it has been moving in an upward channel for some time.
- In this ascending channel, after hitting the ceiling of the channel 3 times and not being able to break the range, it has faced selling pressure.
- Currently, in the middle of the channel, after suffering for a while, it has again faced selling pressure.
- According to the behavior and structure of this correction, it can extend to the area of $278, which is in the range of the bottom of the channel. After that, it can have a retest to Fibo 1.618 and neck line, and then continue the correction to the $250 area.
- In addition, if the $250 range is broken, the correction should continue until the origin of the downward movement.
💎 Alternative scenario: If in this ascending channel it can stabilize above the neckline after the pullback to the broken structure, there will be a retest to the top of the channel.
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MEXC:TAOUSDT
LINK Long Position (Oversold Conditions)Market Context: LINK has reached an important level of support, with oversold conditions on medium timeframes. This presents a potential long trade opportunity, particularly if BTC holds the $58,000 support level.
Trade Setup:
Entry: Long trade around $10.80 - $11.53 support level.
Take Profit:
First target: $12.50 - $13.00
Second target: $14.50 - $15.30
Stop Loss: Tight stop loss just below $10.30.
📊 This trade capitalizes on the oversold conditions and key support, with well-defined targets and a tight stop loss to manage risk. #LINK #CryptoTrading #SupportLevel
Chainlink: Take-off! LINK shot upward last week and was thus able to leave our turquoise Target Zone (between $8.20 and $10.90). We expect the turquoise wave 3 to lead above the resistance at $20.85. However, a renewed dive into our Zone within the internal substructure is quite conceivable in the short term, which is why we continue to keep it active.
CODX, LINK, EHTH, UA, MIGI and EVRI. Huge upward potentialFED is expected to start to cut rates in September and smart money will start to find alternative investment vehicles to put their money in. These stocks are showing good potential. I already have positions in all of them but still may add more to my positions.
Disclaimer: Not financial advice. Do your own analysis and research.
LINK Aims Higher!Currently reclaimed the previous week POC & VAL. I am expecting high prices to come. First target is the PW-VAH then the previous week high.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
Alikze »» NEAR | C wave correction leg🔍 Technical analysis: C wave correction leg
- It is moving in a descending channel in daily and weekly time.
- At the last stage of correction, it can extend to the area of the bottom of the channel and the green box.
- Therefore, considering that it has faced selling pressure in the middle of the channel, if the supply zone does not fail, the correction will continue up to the specified zone and Fibo 1.618.
- The range of 2.479 to 2.768, if faced with demand, can provide a suitable area for buying and a return to the middle of the channel.
- This zigzag correction, if it is not combined and complex, can continue the upward trend after completing the last corrective leg, according to the behavioral scenario presented in the previous post.
💎 Alternative scenario: In addition, if it can meet the demand in the middle of the channel, it can have a temporary growth up to the ceiling of the supply range of the channel.
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BINANCE:NEARUSDT
CHAINLINK: A Decisive Point!ChainLink (LINK) is currently at a decisive point. The current price of $10.27 is right at the support trendline. If it breaks below this support (the blue box), it is likely to face a further downtrend to $4.58.
If this support holds strong for LINK, it could soon rebound toward $18 and potentially initiate a higher rally.
- Important Support: $8-$10.
- Lower Support: $4.58.
- Resistance: $18.
Make sure you do your research and analysis before investing.
Trade safely
Regards,
Team Dexter.
#ChainlinkBUILD #cryptocurrency
Breaking Above the Resistance LevelLINK is currently within a range where a key resistance level is identified at $11.12. This level acts as a critical resistance, and breaking above it could indicate the return of buyer strength and the beginning of a new upward trend.
Potential Scenarios:
Breaking Above the $11.12 Resistance:
If the price can break above the $11.12 resistance level, this move could lead to an increase in price, reaching higher levels like $12 and $14. These levels are considered potential targets for an upward move.
Failure to Break Resistance and Price Reversal:
If the price fails to break above the $11.12 resistance, there is a possibility of a return to lower support levels like $9 and $8.49. These areas serve as key levels to support the price against further declines.