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LINKUSDT

LINK: high optimismIt was certainly another good week for LINK lately. Although markets are still generally on hold, due to potential contingencies from FTX collapse, LINK showed that investors have strong confidence about this coin. During the whole week, LINK was looking at higher grounds, ending the week by testing the $7.0 resistance line. However, the start of the week was a bit bumpy, where the starting point was at level of $5.5. RSI reflected price developments, moving from 38 up to 54. It clearly shows that investors are eyeing the overbought side. It is positive, since it might support the price further in the coming days. Moving averages of 50 and 200 days continue to move extremely close to each other, increasing probability for potential golden cross in the coming weeks. LINK is ending the week by testing the $7.0 resistance line, which will continue at the beginning of the week ahead. There is some probability that the coin will revert a bit to the downside in case that $7.0 is not breached, to the level of $6.5. On the opposite side, the level of next resistance at $8.0 might be the next target for LINK, still, there is lower probability that it might occur during the week ahead.
COINBASE:LINKUSD
by XBTFX
1
The ChainLink LINK price is preparing for a good growthToday, we will consider the LINKUSDT price chart on the 3-day time frame For the last six months, the LINKUSD price has been in a wide consolidation range of $5.50 - 9 Trading volumes in the range show that buying prevails, and therefore we can conclude that the "big player" is gaining long positions. If in the coming days, the LINK price does not fall below $6, then in our opinion this is a signal for strong long. The first task of buyers is to break out of this consolidation upwards, that is, to confidently consolidate above $9. In the medium term , we see the following targets for the growth of the ChainLink token price: $12.50 - $14.80 - $17.50 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Long
by P_S_trade
28
LINK has registered a range trend!Over the past week, LINK has registered a range trend on its important support range. After the buyers' efforts brought the price of this currency to the resistance range of 9.3-10 dollars, the simultaneous profit saving of short-term buyers and selling pressure in the market forced the medium-term buyers to sell their assets. As you can see, we are generally in the descending channel in the weekly time frame and in a trading range area in the daily time frame. The floor of this area in the range of 6.2 to 5.9 dollars has repeatedly prevented the price from falling, and this support occurred again in the last encounter. But the most important thing about the last encounter is that the penetration of the price inside this range is a sign of possible breaking of this level and the possibility of falling to the bottom of the descending channel in the range of 4.5 to 5 dollars. In the 4-hour time frame, you can consider a downward trend line for possible reversals. By breaking this dynamic resistance, the possibility of short-term growth to the $7 range can be provided. Of course, in the condition that Bitcoin stays at least in the range trend and does not fall further.
by MonoCoinSignal
25
Link Possible Scenario (short)hi everyone as you can see the link is in a downtrend channel and is touching the upper band, if rejected from here, you can short with a stop above it... please share your opinion in the comments I consider all analyses performed in relation to that trade position. Our analysis is not a buy or sell referral. If you found our analysis useful and interesting, feel free to share it so that more individuals might benefit from it. And please don't forget to like and comment; we will read them all.
by Lamassu_Trade
3
LINKUSD: Was It a Fake Bullish Breakout? 😱 | Nov. 25, 2022This week, we will stick to the 4-hour time frame to analyze the price action in detail! It seems like a false bullish breakout was seen earlier this week following which a strong rally was witnessed. Seems like the price will soon approach the next resistance situated at $7.35. If the resistance is reclaimed by the bulls, traders can expect a strong rally in the coming week. 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 once the price is able to sustain above $7.35. Traders must maintain caution of the demand zone at $6 because if this zone is broken once again, a sharp fall could be seen. At the time of writing, it looks like we may see a small pullback as the RSI has started falling. Expect the price to test the support at $6.3 before continuing the rally. The important price levels for this week are $6.3 and $7.35!
by CoinMarketCap
2
Chainlink Trade (High Risk)This is a really high risk trade but I like these springboard patterns they have high hit rate for me. Every time LINK has dropped under 5.8 it has been bought back up pretty quickly. The 12hour time frame has caught these divergences pretty well and we just confirmed another one with the last candle. So what do we have : 1. LINK extreme oversold zone RSI under 40 2. Bullish divergence on 12h 3.Springboard setup 4.Max Fear in the market I take the trade Stop loss last swing low 5.6
COINBASE:LINKUSDLong
by Sporia
6
LINKUSDT Falling WedgeOn the 4 hourly chart there is a huge falling wedge on Link but also had a contraction and expansion. A breakout could be due soon, but the overall sentiment right now in crypto isn't the best and it had a violent pump right above the 6.1 USDT value line (LINK). and is struggling on resistance right now, personally, I'm keeping Link in mind as a swing trade. I think that LINK can test the support zone of 5.67 - 5.926 one more time and get a tighter range before breaking out
Long
by Traders_Endeavors
1
LINKUSD H8: 30%+ CORRECTION WARNING TP 4.00(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 H8: 30%+ CORRECTION WARNING TP 4.00(SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. 🔸 Summary and potential trade setup ::: LINKUSD 8hours/candle chart review ::: 30% 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.
BINANCE:LINKUSDShort
by ProjectSyndicate
36
LINK Is Trading Too Close to Support! What's Next? 😨 Nov. 18In our previous analysis, we ascertained if the support at $7.5 is taken out, the price will test the last standing support at $6.2. At the time of writing, LINK is trading dangerously close to the support at $6.2, and it looks like a breakdown could be seen soon. If this support is broken, traders can expect the price to collapse to $5.2, which is the 52-week low. Therefore, traders should proceed with caution until LINK is able to reclaim the resistance at $6.5.
by CoinMarketCap
1
LINK USDT | potential +30% up #LINK/USDT 🟢Entry price: 6.3 to 6.1 🎯Targets: |> 6.83 (Sell 40%) |> 7.1 (Sell 30%) |> 7.8 (Sell 20%) |> 8.6 (Sell 10%) 🔴Stop-loss: 6 (closing 1D candle under stop-loss) ➡️Recommended risk: 0.25% ➡️Recommended Position Size : 5% please note that due to the current market situation this trade signal is considered risky, so we must stick together to the stop lose and risk management strategy and not to gamble with our money. stay safe and trade safe thank you!
Long
by Khaledzu
#Chainlink is up 20% in 5 months, will LINK drop below $5.5?Past Performance of Chainlink Chainlink prices have been edging higher after losses of June 2022. As an illustration, the token is up 20 percent from June 202 lows at press time. Despite the confidence, sellers have been resilient and unwinding all attempts of higher highs, per the development in the daily chart. In the days ahead, how prices react, especially at $5.5, would shape the medium to long-term trajectory of LINK. #Chainlink Technical Analysis There are attempts at higher highs in the LINKUSDT price action, visible in the daily chart. At spot rates, LINK prices are steady and within the November 9 bear candlestick. Overall, LINK is within a bear breakout formation, slumping below the multi-week trend line connecting monthly lows from June through to October 2022. The November 8 and 9 bull bars are also engulfing, cementing the preview of sellers. Per the candlestick arrangement in the daily chart, sellers can double down, targeting $5.5 whenever there are weak attempts to retest November 9 highs at $7.8. Buyers will only be in control if there are sharp, high-volume gains above $7.3 and, ideally, $9.3. If not, losses below the current consolidation at $5.5 may see LINK drop to $4.5, even lower. What to Expect from #LINK? LINK bears are in control, taking charge from an effort versus result perspective. The immediate resistance line is $7.3, while the support is $5.5. As bars band along the lower BB, Chainlink might likely register new 2022 lows. Resistance level to watch out for: $7.3 Support Level to watch out for: $5.5 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer