20% for LINK possibleSimilar setup like LIT before jumped up. Quite strong PA. I like it. Red MA as a next target - this can give us 20% profit. But be careful if FED ruin the party with the news of increasing interest rates today - this can shake with markets. GL
MANAGE YOUR RISK,
NOT A FINANCIAL ADVICE
LINKUSD
LINKUSD 2D: 40%+ CORRECTION WARNING(SL/TP)(NEW)Why get subbed to me on Tradingview?
-TOP author on TradingView
-2000+ ideas published
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-before/after analysis
-24/7 uptime so constant updates
🎁Please hit the like button and
🎁Leave a comment to support our team!
LINKUSD 2D: 40%+ CORRECTION WARNING(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: LINKUSD 2days/candle chart review
::: 40% CORRECTION WARNING
::: updated/revised outlook
::: distribution in range / weak chart
::: limited upside / expect dump from HIGHS
::: weakness will last for 4-8 weeks
::: LOG SCALE chart
::: not a great looking chart
::: RISING WEDGE BEARS taking over
::: FTX/FTT bankruptcy will pull crypto down
::: CLEAN REJECTION AT recent highs
::: S/R was re-tested produced WEAK bounces
::: final BOUNCE possible now before DUMP
::: also noteworthy sequence of lower highs
::: recommended strat: MARKET SHORT IT
::: final TP BEARS is 4.00/4.20 usd
::: 40-45% correction possible next
::: 4-8 weeks in November/December 2022
::: right now no upside in this market
::: position traders should wait for
::: better entry prices later after
::: no upside in this market it's game over
::: recommended strategy: SHORT SELL AT MARKET
::: TP BEARS is +40% gains - near 4.00 USD
::: BULLS stay out until correction is over
::: SWING TRADE: SHORT/HOLD IT
::: correction run not over yet
::: good luck traders!
::: BUY and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/CORRECTION/40%
::: Sentiment short-term: DUMP/GAMEOVER
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Chainlink: Partial Decline Supply Line Breakout Update #2This is an Update to this currenly still active previous setup from several weeks ago:
As of rigth now LINK has Confirmed it's Pivot from the 0.618 and has now broken through a serious Supply Line; If it continues up to $9.51 we will have confirmed a Partial Decline which at that point should lead to a Breakout of the Range that could take it to the next Resistance at $27.80
ChainLink - Looking StrongI like this chart of LINK to be honest, nice ranging for some time of consolidation - looks primed for a decent move up.
Breaking the mid-range now to the upside - want this to hold.
Nothing to get too crazy excited about yet, but breaking above this macro (larger) range would be huge, that is what I'm anticipating.
I've watched this same chart for some time and it is respecting levels nicely, grinding up and holding demand.
LINK Marines may just push this one higher.
V
Chainlink (LINK) - November 5Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(LINKUSDT 1W Chart)
Whether the price can rise above 11.064 and sustain is the key.
(1D chart)
If the price is maintained by rising above the 8.290-8.822 section, it is expected to rise above 9.869.
However, the key is whether it can move above 11.064, which is an important support and resistance point, so you need to think about how to respond.
The reason is that the trend-determining interval is formed over the 11.976-15.374 interval.
If it goes down, you should check to see if it finds support in the 6.7-7.411 zone.
If it doesn't, it is likely to drop to around 4.976.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** HA SRRC indicators are expressed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
LINK may be breaking up from triangle; nearing daily goldencrossLooking at the weekly chart here to get a better view of this pink triangle’s trendlines. We can’t see on this chart how close the daily charts golden cross is from happening but it appears to be less than a few daily candle closes away from occurring. If this symmetrical triangle confirms its bullish breakout the target is around $11.32- $11.47. Reaching this target would bring price action up out of a much larger triangle that its been in for far longer that has a much larger breakout target to go with it, however we can see the stoch rsi on the weekly chart has ventures into the overbought zone so it increases the odds that when price action first retests this yellow trendline on the way to the target it will encounter it as resistance, same with the descending white trendline as well. The stochrsi is also overextended on the 1 day chart too increasing the probability that price action will encounter resistance along the way to the breakout target that may result in some level of correction. Still always possible it finds a way to break through both of these resistance lines with ease just a lower probability with stoch rsi already in the overextended zone. If it can sustain the breakout and reach its full breakout target then I believe it will sustain the daily chart golden cross and in time trigger the breakout from the much larger triangle pattern as well. *not financial advice*
LINK/USD - Watch it burn and rise from the ashes- Last idea was spot on (Short at 27).
- Last idea was entirely based on the cycle being over.
- Current cycle is bearish
- Hope for $5ish to accumulate as much as I can.
- Watch LINK rise to become a 100B asset and top 5 mainstay by 2024.
My ideas do whatever you want to do.
✌️
LINK: Is $8 the next target?Although the previous week was a positive one for the crypto market, still the moves made could be perceived as incremental. LINK was also following that general market sentiment and managed to cross the resistance line at $7, by reaching its highest weekly level at $7,6. Next resistance line at $8 has not been tested on this occasion.
RSI was pushed from level of 45 up to 57, which indicates that the market had turned its eye toward the overbought side. Moving average of 200 days is modestly approaching toward its MA50 counterpart, but the golden cross is still far away.
Current charts are suggesting an increased probability that the $8.0 resistance line might be tested in the coming days. At this moment there is no indication that this resistance line could be breached to the upside. On the opposite side, there is some probability for the $7.0 support line to be tested for one more time in the week ahead.
LINK AnalysisHello Dear, as we can see in the chart, Link kind of broke the daily down trend line but it's not moving toward upper resistance yet.
instead formed another dynamic downtrend in which is clearly visible in 4h timeframe.
If it breaks that up and give us confirmation, we can go long. otherwise we are short now.
Chainlink (LINK) - October 19Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(LINKUSDT 1W Chart)
The key is whether you can climb to the 11.976-15.374 section.
To do this, it is necessary to check whether it can be supported near 6.7.
(1D chart)
Resistance: 8.290-8.822
Support: 6.7-7.411
The key is whether it can find support at 6.7-7.411 and move above 7.605.
To do that, we need to make sure we are breaking out of the downtrend line.
Otherwise, it is expected to drop to around 4.976.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
LINKUSD ❕ trading between zonesLINK is trading in a liquidity support zone.
There was formed reversal signal up on the indicator TD Sequential (4H TF)
Price and RSI have formed a bullish divergence (1H TF)
There was a reversal signal down TD (1H TF)
I think the asset may retest the lower support boundary, but if it holds, LINK will rebound again.
LINK/USDT KEY LEVELS Will be looking at this key levels on link for possible reaction, a push towards the $7.8-7.9 and tight stops $8.1, if it breaks will quickly cut off at $8.1 and wait for the 4h resistance at $8.3-$8.5, my buy zone is $7.15, will wait a pullback to that zone to get a buy opportunity. trading level by level
Chainlink (LINK) - October 10Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(LINKUSDT 1W Chart)
Whether or not it can move higher than 11.064 is key.
To do that, we need to make sure we can keep the price above 6.7.
(1D chart)
1st resistance: 8.290-8.822
2nd resistance: 9.869-11.064
Support: 6.7-7.411
If it finds resistance after falling from 6.7, I would expect it to move towards the 4.976 area.
------------------------------------------------------------ -----------------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------