LINKUSD
LINK - short-term trade - our target $7,35Hello colleagues!
We publish the short-term trade we entered tonight. This trade has a local perspective and does not mean that the correction of the cryptocurrency market cannot continue.
In this case, we still have a relevant trade in cryptocurrency HNT:
Details of the LINK cryptocurrency trade:
Entry: $6.31-6.35
Stop: $6.16
TP: $7.35
Let's see how it works!
Chainlink's Desending Wedge Setup, will it shrug off macro woes?Will the major altcoins (ADA, LINK, UNI ) descending wedge setups, be the signal for a breakout to the upside?
Or will continuing macro woes make the TA analysis null and void.
Potential bounce might be coming over the next two weeks in equity markets. Spurred by the strong support at the 200 daily moving average.
Time to wait and see.
LINKUSD Dominant UptrendLINK has fallen quite a lot, just as other cryptos
The question is where will this falling stop.
I see a major trend line in Green which aligns well with another weaker uptrend in blue, and a downtrend in red
At this area price is around $5 per LINK
This is also at the 0.618 Fib level
✅TS ❕ LINKUSD: Head and shoulders✅✅LINK forming a figure Head and shoulders went down again. I expect the fall to continue to the support level.✅
🚀 SELL scenario: short to 5.41.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
LINK Army Hodl The Door!LINK looking prime for a drop to sub $1, when this correction is over! After a little dead cat bounce and continuation to the down side. None of my 4 indicators showing any bullish confirmation on the Weekly Time Frame.
- Weekly MACD ( Bearish )
- Weekly Pekipek's Divergence BETA ( Bearish )
- Weekly RSI ( Bearish )
- Weekly Stochastic RSI ( Bearish )
Buy and Sell possibilities for Chainlink Simple chart to guide buy and sell opportunities. This is just a projection. Do your own research.
✅TS ❕ LINKUSD: bounced down✅✅LINK bounced down from the resistance level. There is still a possibility of correction, after which I expect a fall.✅
🚀 SELL scenario: short to 5.41.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
LINKETH - MONTHLY BREAKOUT (LONG) $LINK Chainlink $LINK has broken out of a brutal downtrend against Ethereum $ETH. LINK has been bleeding against ETH since August 2020 and finally looks ready to breakout of the trend and hopefully go to new ATHs. Link was the star of last bear market, and as we head into poor macro conditions, it looks like history may repeat itself. LINKETH is also sitting on major support and I'm fairly confident that it will hold strong. This could be another fakeout like we saw a few months ago - but I'm optimistic LINK will start outperforming soon regardless. During the mania phase, the market greatly over valued various L1s, meme coins, metaverse, governance tokens, etc. Its time for a return to normalcy and for only the strongest projects to survive/thrive.