✅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
LINKUSD
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.
Chainlink (LINK) - June 13hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(LINKUSDT 1W Chart)
11.31 and below are likely to be mid- to long-term investment areas.
Therefore, it is important to be able to climb to the 11.31-14.49 section.
(1D chart)
In the short-term and medium-term perspective, it needs to move above 7.72 and find support to turn into an uptrend.
However, as the 11.31-14.49 section is the section that determines the trend, it is expected that the upward trend will continue when it rises above this section.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(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.)
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LINK: overbought market is postponed? LINK had an excellent start of the previous week, when its price managed to break the $8 long term resistance line, reaching its highest level at $9.6. Resistance line at $10 has not been tested on this occasion. Unfortunately, negative macro fundamentals pushed the price down to level of $7.1 as of the end of the week.
Prevailing buying orders for LINK started to push the RSI up to the level of 61 on its road toward the overbought market. Still, this indicator is ending the week below line of 50. However, in this case it does not look like the market gave up from the overbought territory but it has just been postponed. Moving averages of 50 and 200 days are continuing to move as two parallel lines with downtrend, not indicating potential cross in the coming period.
LINK showed high potential for an uptrend during the previous week. In case that coin reverts this trend, the price might again move back to the $8 resistance line, with some potential that next short term resistance at $10 might be tested. On the opposite side, there is a decreased probability that the support line at $6 might be tested in the coming days.
Disclaimer: This article provides exclusive views of the author. It does not in any sense represent a suggestion for trading.
link.the same as all the other coins,
link put in a clean 5 waves up, and has since put in 3 waves down.
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i'm starting to like the idea that the move down from the highs was only the first of three larger legs.
in this case, it came down in a simple zig-zag, so i'm going to be labeling this abc as wave (w).
wave x usually retraces 0.50% of the entire drop, but it can go to the 0.618~0.65% as well.
wave y will drag out into 2023, where it will find a bottom most likely closer to $1.22.
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w-x-y, is nicknamed a double combo, and it consists of three zig-zags (it can also become more complex, and have smaller double \ triple combos within it).
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risk management is your #1 priority, everything else should come second.
💰
Chainlink LINKUSDT Swing Trading Setup Buy Opprtunityin this chart you can see Chainlink 6 hour chart and breakout two month old resistance line and after that hold as a support,
Current price Linkusdt $9.2 we can expect now price will go down 0.61 fib level $6.8-7$ and if hold that support and we will see reversal candle,
Then we have buy Opprtunity there,
it's a swing trading setup and if it's work so we can expect target will be hit next 2-4-8 weeks.
If you want to invest this so please don't forget to put TP n SL.
Wish you all the best.
Make Profit with Rashid
Here's our recent Analysis:
Chainlink LINKUSDT Chart long term view Technical Analysisin this chart you can see Chainlink chart (LINKUSDT)
I was share my knowledge and my view as well,
Chainlink current market rank #21 and it's fundamentally strong project,
We can clearly seen Link hold two years old support $5-6
July 2020 Link break this Resistance level and hit ATH $53 in may 2021,
After that we can see rejection from $53 and price start going downside,
finally hit $5.5 in may 2022 and it's a strong Support Zone now,
So if you're looking to buy and hold this fundamentally strong project Chainlink,
I was explain everything in this chart.
What our buying zone and also our target for mid-term and long-term as well.
Wish you all the best.
Make Profit and Remember Rashid
LINK - Buying strategyBYBIT:LINKUSDT
1 Hour chart
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LINK is forming a potential cup and handle after a huge pump.
Price get support at Fib 0.382 many times and get rid of it right now.
We can long it at Fib 0.618($8.693) or Fib 0.382($8.514), and follow TP as below.
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Targets:
1) 8.983-----neckline
2) 9.189~9.273-----Fib 1.272~1.382
3) 9.452-----Fib 1.618
4) 9.742-----Fib 2
Stop loss:
1) 8.483-----red horizontal ray
TS ❕ LINKUSD: accumulation zoneLINK broke out of the accumulation zone, then rested and bounced off the resistance level. I expect a fall to the upper limit of the accumulation zone.
SELL scenario: short to 8.
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
LINK mid-term deal!💎🔥Subscribe to the channel, get notifications about signals!🔥
#LINK
▪️I saw a good potential on the link, after a good pump - the local trend changed to an uptrend, I think now they will drop a little from the support line, you can enter with minimal risks. Potential for 20-30%
💎The market is still in a downtrend, so the forecast may be wrong. Medium term deal.
LINKUSD ❕ growth is stronger than the marketLINK has grown much stronger than the other coins and has pulled away from the market a lot.
Large wallets continue to accumulate the coin.
The launch of Stacking was announced.
Near the boundaries of the range, volumes are rising, but the price is not out of the range.
I expect that LINK will test the upper boundary of the ascending channel and after fixing under it will continue the correction.
LINKUSDT setup for futures short position . ChainlinkHello traders, Everything is clear on the chart for you like always. monitor the price after breakout and retest in circle to enter the position.
Good luck.
If you like the idea, do not forget to support with a like and follow me for next analysis :)
Write your comment and opinion below to me
LINK in weekly TimeFrameLINKUSDT have a curve bearish line for a several weeks, its on a weekly support of fibo 2.618.
as you can see, if RSI can breakout above of Bearish trendline, price can grow up
in MACDs Histogramwe have positive divergence, if macd line can cross signal line it is a good point.
BUT if we still on bearish market LINK can move down to the weekly fibo level 2.0 at 3.35$ price !!!
📊 LINK is heading back to retest resistance.Hello, dear TradingView members.
This idea is a LINK analysis.
LINK just made a 10% move up. And it's about to restest the last resistance which rejected it a few times.
RSI crossed the border to 75 a couple of times, but the price still has the potential to move higher. Watch out for the resistance level because it's a strong zone. If you're into opening long positions, please wait for more confirmations and open your long positions right after a closure above the resistance area.
Scenario one:
A breakout:
The price will touch the key level, pull back up, and hit the first resistance; then, it might touch the higher highs.
Scenario two:
A fake-out:
The price will move to resistance and then fall back into the support zone.
The Bollinger Bands are broad, but they're about to get squeezed back.
The Speedometer indicator shows Neutral volumes on the market for LINK on a 1D interval.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.