$LINK - HEADING TO OUR TARGET.$LINK - HEADING TO OUR TARGET.
This Gray Box is a Demand Zone from the Weekly Chart.
I will be loading up on Chainlink big time in the $3.50- $4.50 area.
Do you hold any Chainlink?
#LINK
Linkshort
Link 8HRising wedge under the important resistance zone, a good setup for the short position.
#link
#chainlink
$LINK to 6.40 $ USD?I have found a Rising Wedge in the Link/USDT pair with base targets
1️⃣6.89🎯
2️⃣6.67🎯
3️⃣6.40🎯
4️⃣6.03🎯
LINK : Bearish setup here...Link is trading inside a bearish pennant like pattern and if price breaks below the trendline, Expecting more downside for Chainlink.
Traders can keep manual stoploss of hold above 7.2
LINK CAN MAKE A CORRECTION AGAINFirst of all, I need your support to continue my activity and provide analysis. Please support, otherwise my activity will stop.
These few days, I gave Scalpi setups for the link, and they all hit the first target. In my style, after seeing the first target, we save some profit and then risk free. Even now, I think this setup can provide a scalp for shorts.
$link short | sub $7 targetwe've been short $link since the 10th and are expecting a serious pullback, along with the rest of the market. similar set up to our bitcoin chart posted a few days ago (linked)
legacies also look topped.
this is either going to bounce around the lows to form a wave 2 bottom, or this was dead cat and we have 5 more waves down.
playing it level by level.
$link | shortcurrently printing bearish engulfing on 4h. looks like most alt charts, other than eth.
attempted the high and ultimately rejected. bear divs on multiple TFs.
think it forms a HL before the run to $10 with the rest of the market.
link shortstruggling at resistance. adding confluence to other short ideas that this local move is tired.
leaning towards $6.26 or so which would tap our blue support box.
another coin with a valid 4h bear div.
LINKUSD Short ScenarioMarket is in overall downtrend, but in 1h timeframe we can see an upwards correction, market already formed a main lower high, which means we should see a break of a correction structure, retrace back to it and down a downfall of a price at least to a recent main lower low.
Entry: 7.29 (After break and retest)
Invalidation: 7.98 (Above main lower high)
Target: 5.56 (Main lower low level)
LINK short idea.As we can see LINK is in consolidation right now. Closing below 7 will be confirmation of SHORT. We will see 6 and 4.65.
LINK LONG Assuming price holds at curtrent levels
I can see a good 60% - 150% increase in the coming months
LINK approaching the Danger Zone$LINK approaching the Danger zone, let's see how it reacts!
Recommended is to look for lower timeframes for possible short once we reach this zone!
#link #btc #cryptocurrecy
Double bottom LINK incoming? With all the bad news around the corner and BTC still looking for another leg down I see LINK is maybe going for a double bottom around the $13,- range.
I have my orders set! Lets see guys.
Good luck trading!
Kind regards
Cryptodjens
LINKUSDT Hidden Bearish Divergence I am shorting Link cause seeing a hidden bearish divergence on 4hr timeframe.
Also BTC seems to reached the local top and might see 41.5K. Hopefully the downward slope of BTC brings Link toward the Ichimoku clouds as pointed.
Kind regards
Cryptodjens
LINK SHORT SETUPLINKPERP is growing up and coming to my fibonacci 0.705 level (OTE) so i can try a short.
2RR is not bad for my scalp positions lets try it.
LINKNot financial advice.
The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
Link Drop to 20$ Channel?i think finally link going down and drops to 20-21$ channel
if the price drops below 25 its confirmed and i open a short position on LINKUSDT
LINK 2H BUYLINK 2H support is at ~$24.6
Enter 50% here
and try to set some buy orders near the support zone
If LINK holds above the trendline,
the Take-Profit target would be $26.4, $28.5, and $30.8
Cheers
LINKUSDT Next movelink just touched the roof of the channel and its in a supply zone and about to do a correction
also rsi shows a powerfull divergence
always use stop loss
GODBLESS
LINK SHORT to $12 Following is my analysis on LINK going SHORT in the next few days
1) The BLUE wave 1-2-3-4-5 went from $1.5 to $53 from March 2020 to May 2021
2) After great impulse comes correction A-B-C wave, markets are in correction mode for 2/3 of the time
Wave A retraced 78.6% FIB a perfect 5 wave down series in GREEN
Wave B is a perfect 3 wave series in ORANGE
Wave C should be a 5 wave series down so its right now doing sub-wave 4 in RED
In wave C the sub-wave (1) and sub-wave (3) are exactly of the same length so sub-wave (5) will be elongated so maybe 1.27 or 1.41 or 1.61
Wave C or sub-wave (5) in Wave C will end around $12.5 before it makes any move after the full correction
Summary :
I think LINK is going to short to $12.5 in the next few days before the market completes full correction and moves up
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LINK - LONG (it broke out the ascending triangle and retested)LINK has been pretty quiet for a long long time. It has very strong fundamentals; that's why it should react to all these positive things happening to it. Link has been recently attracted much attention. Many influencers have started to talk about Link and its strong fundamentals. They say it's currently undervalued and I would agree. It's time for Link to stand up and show its power. Link has recently broken out of an ascending triangle and just retested the line. I hope you managed to buy some near 33-34 and got prepared for THE RALLY .... IMHO, it can go up to 44.0, and then we will see a small correction. See you in 44.0!
