Chainlink is getting ready to moveChainlink (LINKBTC) chart has a good long set up. I'll be accumulating at and below 0.00023 level. My first TP target is at 0.00028 level.
However, I will probably see the price action then and decide I think a better TP1 is at 0.0003472 level as shown on the chart.
This is a daily chart so it will take some time to play out.
As usual, not a financial advice. DYOR.
LINKUSDT
LINKUSDT Breakout Alert: Bullish Momentum Above 50 EMA!BINANCE:LINKUSDT Breakout Alert: Bullish Momentum Above 50 EMA!
After multiple tests of the support zone, BINANCE:LINKUSDT has finally bounced off and broken out of its descending trendline, signaling a potential strong uptrend. With the price now holding above the 50 EMA, bullish momentum is evident, and the market may be gearing up for a significant move higher. Traders should consider entering on a pullback while targeting key resistance levels. As always, proper risk management is crucial—set your stop-loss below the support zone and align your position size with your risk tolerance to stay on the safe side.
BINANCE:LINKUSDT Currently trading at $22.5
Buy level: Above $22
Stop loss: Below $19
Target : $40
Max Leverage 3x
Always keep Stop loss
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
LINK/USDT 1D chart review Hello everyone, let's look at the 1D LINK to USDT chart, in this situation we can see how the price is moving in the local downward trend channel which we are currently fighting to go up.
Let's start, however, by defining the goals for the near future that the price must face:
T1 = $22.29
T2 = $23.98
T3 = $26.65
T4 = $28.54
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $19.65
SL2 = $16.58
SL3 = $14.54
SL4 = $12.73
I Cannot Short This !!! situation+next targets.Technically, the cup and handle pattern has broken, which indicates a price increase. The price can easily reach the target goals.. If we measure the AB range, which is $17.5 , and if the breakout is confirmed, we can say that the price will easily grow $37 equal to CD.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Chainlink Analysis: Key Patterns and Downside Risks 2024.12.29Hello, this is Greedy All-Day.
Today’s analysis focuses on Chainlink (LINK).
Weekly Chart Analysis
Looking at the weekly chart, Chainlink recently broke above the long-term resistance trendline in the green box, pushing past the previous resistance level at $21.
However, the price has now entered a corrective phase, potentially retesting the trendline.
Chainlink has dropped approximately 30% from its 2024 high.
Daily Chart Analysis
On the daily chart, the short-term ascending trendline was broken some time ago. After a retest, the price appears to have resumed its corrective trend.
A key concern here is the development of a Head & Shoulders (H&S) pattern, with the neckline break being the final confirmation for further downside.
Neckline and Entry Considerations
The H&S neckline is marked with the green trendline.
For conservative entries, I recommend waiting for the price to fall below the 60 EMA on the daily chart before entering.
Targets:
The first target is the demand zone in the blue box, specifically at the $16 level.
If $16 breaks, it would signal the end of the bullish phase, with further downside likely.
The H&S pattern target suggests a potential drop to $9.
Volume Analysis
The volume supports the completion of the H&S pattern, showing a gradual decline in buying pressure.
This weakening buying momentum increases the probability of further declines if the neckline is broken.
Conclusion
Chainlink has shown strength in breaking the long-term resistance trendline, but the recent corrective phase raises concerns:
Weakening buying pressure during the decline suggests the potential for further downside.
If the current level fails to hold, Chainlink may enter the Ichimoku Cloud, signaling a trend reversal and opening the door for a 50% decline from current levels.
Recommendation:
For now, I recommend observing the market rather than taking new long positions. Waiting for confirmation of support or a significant breakout is the safer approach.
Let’s trade smart and stay ahead of the market. 🚀
LINK ANALYSIS🚀#LINK Analysis : Pattern Formation
🔮As we can see in the chart of #LINK that there is a formation Head And Shoulder Pattern and it's a bearish pattern. If the candle closes belowthe neckline then we would see a little dump in #LINK otherwise it will go rise according to the market 📊
🔰Current Price: $21.80
⚡️What to do ?
👀Keep an eye on #LINK price action. We can trade according to the chart and make some profits⚡️⚡️
#LINK #Breakdown #Cryptocurrency #TechnicalAnalysis #DYOR
LINK/USDT 4h chart reviewHello everyone, let's look at the 4h LINK to USDT chart, in this situation we can see how the price is moving along the local upward trend line, but here we have bounced off the visible resistance at the levels:
T1 = $25.44
T2 = $26.71
T3 = $28.48
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $23.70
SL2 = $22.29
SL3 = $21.29
SL4 = $19.75
#LINK/USDT Ready to go higher#LINK
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 21.45
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the 100 moving average
Entry price 23.25
First target 24.12
Second target 25.53
Third target 27.12
LINKUSD "CHAINLINK" Crypto Market Heist Plan on Bearish Side🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical analysis🔥, here is our master plan to heist the LINKUSD "CHAINLINK" Crypto market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉
Entry 📉 : You can enter a Short trade at any point,
however I advise placing sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest high level should be in retreat.
Stop Loss 🛑: Using the 4H period, the recent / nearest high level.
Goal 🎯: 16.000
Scalpers, take note : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂
Chainlink (LINK) Cup & Handle BULLISH!Chainlink (LINK) has formed a Cup & Handle pattern with a bullish scenario. The breakout has formed a bullish trend for the bulls creating pressure to push the price to the upside. In addition, the bears have pulled the price back down towards the neckline which acts as a previous Upper Resistance line.
Bid Zone= $19.27 - $22.87
Expect price to continue to the upside with followed buying momentum from the bulls. After this pullback, Chainlink will now retest previous "All-Time High" dated back from 2021.
Target= $52.28
PYTHUSDT - Rounding bottom patternBINANCE:PYTHUSDT stands out as a strong investment opportunity, often considered an improved version of $LINK.
While sharing similarities with LINK, it surpasses it in certain key areas. Being a new project with low market saturation, it offers significant potential for growth ✅️
The med-term targets are outlined in the chart.
Accumulation is recommended now up to 0.236 fibo level .
Best regards Ceciliones🎯
LINKing Up or Breaking Down: $26.70 to Watch.Unable to break through $30.93, Chainlink declined to below $28.70. We have to watch the price action around this level.
1. We need to see a strong recovery to above $28.70 support level that could signal a continuation of the bullish momentum, potentially driving LINK to retest $30.93 and move higher toward the next resistance at $34.58. Such a scenario would underscore the presence of strong buying interest (Green Projections).
2. On the downside, a failure to maintain $28.70 could expose LINK to further weakness, with a possible decline toward the critical support at $24.49 in 4-Hour Chart.
LINK | ALTCOINS | Chainlink pushes towards 40$Link has seen some great increases after another bump on BTC.
It's likely that this will lead to another mini-cycle, and push the price of Chainlink even higher towards 40$ which is the next major resistance mark.
I'm especially optimistic for Link and other alts once Ethereum has made a new ATH. More on that thought here:
_____________________
BINANCE:LINKUSDT
Chainlink's Bullish Surge: A Potential Rally on the HorizonChainlink (LINK), the leading decentralized oracle network, has been making significant strides in the cryptocurrency market, captivating the attention of investors and analysts alike. The token's price has surged to a multi-year high, surpassing the $30 mark, as hopes for a substantial 80+% rally continue to gain momentum.
The Driving Forces Behind Chainlink's Rally
Several key factors have contributed to Chainlink's bullish momentum:
1. Increased Institutional Adoption:
o A growing number of institutional investors and financial institutions are recognizing the value of Chainlink's decentralized oracle network.
o This increased adoption has led to a surge in demand for LINK tokens, driving up the price.
2. Expanding Ecosystem:
o Chainlink's ecosystem continues to expand rapidly, with new projects and dApps integrating the oracle network.
o This growing ecosystem strengthens Chainlink's position as a critical infrastructure for the blockchain industry.
3. Positive Market Sentiment:
o The broader cryptocurrency market has been experiencing a period of positive sentiment, with many tokens seeing significant price gains.
o Chainlink has benefited from this overall market optimism, as investors seek out high-potential projects.
4. Technical Analysis:
o Technical analysts have identified bullish patterns on Chainlink's price charts, suggesting that the token could continue its upward trend.
o Key technical indicators, such as the Relative Strength Index (RSI) and Moving Averages, are signaling strong buying pressure.
The Potential for an 80+% Rally
While the cryptocurrency market is inherently volatile, many analysts believe that Chainlink has the potential to experience a significant price surge of up to 80+% from its current levels. This bullish outlook is based on several factors:
• Strong Fundamentals: Chainlink's robust technology, growing ecosystem, and increasing institutional adoption provide a solid foundation for future growth.
• Market Sentiment: The overall positive sentiment in the cryptocurrency market can further fuel Chainlink's rally.
• Technical Analysis: Bullish technical indicators suggest that Chainlink's price could continue to climb.
Cautious Optimism and Risk Management
While the potential for a substantial price increase is exciting, it's important to approach the cryptocurrency market with caution and practice sound risk management. Here are some key considerations for investors:
• Diversification: Diversifying your investment portfolio across various cryptocurrencies and other asset classes can help mitigate risk.
• Dollar-Cost Averaging (DCA): Investing a fixed amount of money in Chainlink at regular intervals can reduce the impact of market volatility.
• Risk Tolerance: Assess your risk tolerance and only invest an amount that you can afford to lose.
• Stay Informed: Keep up-to-date with the latest news and developments in the cryptocurrency market, especially regarding Chainlink.
In conclusion, Chainlink's recent price surge and the potential for an 80+% rally have generated significant excitement among investors. While the future of the cryptocurrency market is uncertain, Chainlink's strong fundamentals and growing adoption position it as a promising investment opportunity. However, it's crucial to conduct thorough research, exercise caution, and implement sound risk management strategies.
#LINK/USDT Ready to go higher#LINK
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 28.14
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 29.00
First target 30.30
Second target 31.80
Third target 33.50
Chainlink LINK/USDT: SHORT, Bearish Divergence Detected.Leveraging our Adapted RSI w/ Regime Detection we can easily identify this bearish divergence alongside the weekly rsi signal suggesting Sell.
Whilst higher timeframe orderflow is still bullish upon retest of $22-$23 - I would keep a close eye on intraday order flow heading into early this week as we have important economic data, notably BOJ policy rates decision later in the week, which implies increased volatility and likely, manipulation.
Chainlink Poised for a 20% Upswing This Weekend?
Chainlink (LINK), the leading decentralized oracle network, has been on a remarkable run in recent weeks. The cryptocurrency has outperformed the broader market, surging by over 22% in the past month. This impressive performance has sparked renewed interest in LINK, with many investors wondering if the token can reach new heights in the coming months.
What’s Behind Chainlink’s Strong Performance?
Several factors have contributed to Chainlink’s recent surge. Firstly, the increasing adoption of decentralized finance (DeFi) protocols has created a growing demand for reliable and secure oracle networks. Chainlink, with its robust infrastructure and proven track record, has emerged as the go-to solution for many DeFi projects.
Secondly, the rise of Web3 and the metaverse has also fueled demand for Chainlink’s services. As more and more applications are built on blockchain technology, the need for real-world data feeds becomes increasingly critical. Chainlink’s ability to provide accurate and timely data from off-chain sources has made it an indispensable tool for Web3 developers.
Finally, the overall bullish sentiment in the cryptocurrency market has also positively impacted Chainlink’s price. As Bitcoin and other major cryptocurrencies continue to rally, investors are looking for alternative investment opportunities, and Chainlink has emerged as a promising contender.
Will LINK Price Reach $50 in 2024?
While it’s difficult to predict the exact price of any cryptocurrency, many analysts believe that Chainlink has the potential to reach $50 in 2024. However, several factors will determine whether this target can be achieved.
First, the continued growth of the DeFi and Web3 ecosystems will be crucial. As more and more projects adopt Chainlink, the demand for the token will increase, driving its price higher.
Second, the overall market sentiment will play a significant role. If the broader cryptocurrency market remains bullish, Chainlink is likely to benefit from the positive sentiment. However, a market downturn could negatively impact the token’s price.
Third, Chainlink’s technical performance will be important. The network needs to maintain high uptime and low latency to ensure the reliability of its services. Any technical issues or security breaches could damage the token’s reputation and negatively impact its price.
Chainlink’s Technical Outlook
From a technical perspective, Chainlink appears to be in a strong uptrend. The token has broken above several key resistance levels, and the momentum indicators suggest that the bullish trend is likely to continue. However, it’s important to note that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly.
Conclusion
Chainlink’s recent performance has been impressive, and the token has the potential to reach new heights in the coming months. However, investors should approach the cryptocurrency market with caution and be prepared for potential volatility. It’s important to conduct thorough research and only invest what you can afford to lose.
As always, it’s crucial to stay updated on the latest news and developments in the cryptocurrency market. By understanding the factors that drive Chainlink’s price, investors can make informed decisions and maximize their returns.