Bond Yields Impact: 🌧️ Week for Crypto; LINK Shows Resilience ☀Clouds and rain ☔ forecast for the global crypto market in the next 24 hours and week as bond yields surge to decade highs. Bearish sentiment looms for crypto coins.
Chainlink and Litecoin, however, bring a glimmer of ☀️, hinting at a slightly bullish trend.
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Linkusdsignals
LINK TO BOOM SOON
Last but not least it's time for LINK to get a first class ticket and here's why ..
1 A Pump signal has been detected . Pump in my neighborhood glossary refers to a trend following strategy . It has the shape of a pyramid , a golden one .
2 The said pump has been formed above the average true range channels
3 Last but not least this is weekly chart we talking about
4 A fibo time zone may guide us along this trade
Bearish sideways range continues Since June2022 chainlink is in accumulation bearish zone. The Resistance(S.Chart) has been tested 5 times, where the sellers pushed down the market,with increased bearish volumes.
A break down oof the channel has more probablitiy as the bearish volume in the southern areas is increasing(I have marked them for you with red arrows)
The market collapsed after the gap down on may2022. A break above 8,50 can push chainlink to higher area with the first target to fill the gap.(S. green arrows) and Bullish scenario.
A Break down of the channel could continue to below 1$(See Bearish target 0,28-0,40).
The bullish outlook will be invalidated upon a decisive daily candlestick close below $5.73
An increase in buying pressure from the current level could see LINK shatter above the $6.96 resistance level, flipping all the key EMA resistance levels into support and using them to jump off base to target new highs.
In such a case, a crucial supply zone presents an opportunity for LINK holders to sell at a premium value. A supply zone trading strategy uses the price returning to the highlighted zone as an exit criterion. As such, traders should watch for a retest of the zone marked in blue to sell their LINK holdings. It marks the distribution phase of Wykoff’s classic schematic of market action characterized by accumulation, distribution, and redistribution spaces.
According to Wykoff, these phases are the handiwork of ‘whales’ and big institutions like smart money hedging their funds in the market. Once Chainlink price tags the supply zone, investors should expect a pullback, making time an important factor in avoiding the load-shedding exercise.
The recommended stop-loss level where traders and investors can lock in profits while avoiding any losses is the lower boundary of the supply zone at around $8.17. Such a moe would constitute a 30% rise from the current level.
On the other hand, an increase and sustained bullish momentum could turn what now presents as a supply zone into a breaker, providing an opportunity for Chainlink price to ascend and collect liquidity above the November highs of around $9.00.
LINK /USDT Bullish Divergence,High Demand and Potential Bull Run💎 There is a bullish divergence in the MACD indicator. This discrepancy suggests a weakening of the downtrend momentum and a possible trend reversal.
💎 We have seen a break of structure following the previous downtrend. This break indicates a shift in market sentiment, potentially leading to a bullish phase.
💎The current price of LINK is situated within a high demand zone. The combination of bullish divergence in the MACD, a break of structure, and the presence of a high demand zone suggests an increased likelihood of an upward movement in the price of LINK.
Disclaimer: This is Not Financial Advice ❗️ Trade at Your Own Risk ⚠️
Chainlink (Link) formed Gartley for another price reversal moveHi dear friends, hope you are well and welcome to the new trade setup of Chainlink (Link) with US Dollar pair.
Previously we caught almost 30% pump of LINK as below :
Now on a daily time frame, LINK has formed a bullish Gartely move for a massive bullish reversal move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
LINKUSDT daily chartLink has been following the same pattern for a year. The chart is divided into 3 parts. The zone of sellers and buyers and no man's land. In the previous 3 times when the price returned from the seller's zone, we saw that the price was shot aggressively towards the buyers. This idea I want to sell and go to the buyer's zone. I will be happy to hear your opinions. This is not a financial advice
LINK: LAST Month to ACCUMULATE💰BINANCE:LINKUSDT
Hi Traders, Investors and Speculators of the Charts 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
LINKUSDT has been in a typical Wyckoff Method consolidation phase. Looking at previous fractals, wee see that Chainlink often goes parabolic during the months of June / July. This is right around the corner! Even should it not happen that way this time around, LINKUSDT has establishes a clear bottom and will most likely only go upwards from here.
To confirm this bias, we take a look at the Technical Indicator CryptoCheck START v3.5 and see a buy signal flashing on the weekly (which is bullish on such a high timeframe) :
Since you're here ! Check out this idea on BTCUSDT :
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LINKUSDT ready to 🚀🚀#LINKUSDT
we are in over sold area in daily chart time-frame and we are in very important and strong support zone i expect the price will fly to the target at the chart MACD is showing bullish RSI showing bullish EMAs is neutral ZELMA is showing uptrend-move Ichimoku cloud is bullish Fib retracement is neutral Accumulation distribution is bullish i expect there will be a correction move
LINK - 4 Phases YOU Should Know 📉Hi Traders, Investors and Speculators of the Charts 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
The markets are currently taking a breather after upside price action and this is typically where we expect altcoins to shine. Chainlink is particularly interesting to watch at this point since it has been trading range for an extended period of time. This is bullish according to the Wyckoff Method Analysis and other market cycle- or phase analysis'. This chart presents an easy guide to market cycles considering the moving averages and the macro perspective. Can you guess what phase we are currently in and what comes next? 🔥
Here's another altcoin with great upside potential that you may not have heard of : Shirtium
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Chainlink (LINK) forming bullish Gartley for upto 12% pumpHi dear patrons, hope you are well and welcome to the new trade setup of Chainlink (Link).
Previously I shared a long-term trade setup for LINK, which is till in play as below:
Now on a 4-hr time frame, LINK is about to complete the final leg of a bullish Gartley for another price reversal move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
LINK/USDTIt has the support of ma 100 in the four-hour timeframe.
If it can support, it can climb up to 9.2 and 9.6 dollars(RED LINE)
But if it cannot support up to the $7 range, it can correct.
If bitcoin falls to 21-20 thousand dollars, this currency can correct up to 6 dollars(BLACK LINE)
In general, it is in a very good condition in the daily time, and because of the Wyckoff pattern it has formed, it can climb up to 18 dollars
LINKUSD: Should We Expect More Upside Movement? 🥹 | Jan. 13This week, we will stick to the 4-hour time frame to analyze the price action in detail.
The bulls seem to be in control after another strong week. After a strong rally last week, LINK was able to extend its gains to hit a new swing high of $7.1. We can see some consolidation happening now which was expected after the sharp rally that started earlier this month.
In our previous analysis at CoinMarketCap Alexandria, we had anticipated a move to $7.35 - it was almost achieved earlier this week.
The supply zone at $8.51 will become the new target once the resistance at $7.35 is regained. This view is only valid if the price can sustain itself over $7.35.
It is very important for the price to sustain over $6.30 right now, as a breakdown from this level could lead the price to $5.6.
Traders must still maintain caution by waiting for a reversal from the support at $6.30. If a reversal is seen, then the coming week may be more favorable for the bulls!
The important price levels for this week are $6.5 and $7.35!
LINKUSD: Will LINK extend its gains? | Jan. 13, 2023This week, we will stick to the 4-hour time frame to analyze the price action in detail!
After setting a new 52-week low earlier this month, LINK seems to have recovered significantly from the fall. It broke a very crucial support at $5.7, however, the bulls were quick to return to help push the price back above the demand zone. We can see strong momentum, and traders can expect the price to approach the upper resistance at $7.6 in the coming weeks if the momentum is maintained.
Once the resistance at $7.35 is reclaimed, we can see a clear path to the supply zone at $8.51. However, this view is only valid if the price is able to sustain above $7.35.
We might face some resistance at $6.5. Once this zone is cleared, a move to $7.35 looks almost certain!
Traders must still maintain caution by setting a stop-loss below the demand zone at $5.7. The coming week may be more favorable for the bulls!
The important price levels for this week are $6.5 and $7.35!
Long Entry at Strong LT Support Zone for CHAINLINKGreetings, Snipers!
LINK has been consolidating sideways from $5.30 - $9.50 since May 2022
Two long-term trendlines from 2020 have been well-respected as support. As you know, the longer the time-frame, the more reliable the signals.
In the shorter time frame, we can trade this sideway channel:
We can take a long-entry now, at $6.00, and sell at $9.00 for a Risk-Reward ratio >3 (SL at $5.20).
If Bitcoin cannot hold the current support, we may see Link drop to the next support at $4.30.
Hope you enjoy my first post! I wish to give back to the community, more or less, after lurking around for so long :)
Happy Sniping!
LINK - The Bearer of Bad News & Great NewsLink has been hovering around the 0.382 fib retracement for quite a while, tested it 3 times, i never trust the 4th nor the 5th test on a support line.
"Stop talking gibberish and give us the bad news nah"
Bad Nus: $LINK will go down another 80%-90% :D before this bear market is over.
Great Nus: $LINK will be a $1k-$2k token at the peak of the next Bull Run.
- Weekly MACD (Bearish)
- Weekly Pekipek's Divergence BETA (Bearish)
- Weekly RSI (Neutral)
- Weekly Stochastic RSI (Neutral)
- Weekly Cipher (Bearish)
- Weekly OBV (Bearish wtf OBV r u in distribution mode?)