Chainlink LINK bearish sentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
Chainlink LINK has a negative overall sentiment recently.
I have the following price targets:
LINK/USDT short
Entry Range: $6.50 - 7.10
Take Profit 1: $5.10
Take Profit 2: $4.50
Take Profit 3: $3.90
Stop Loss: $8.10
LINKUSDT
LINK Analysis 📊 2/9/2022Whats Up Retail Whales 🐋
Before we start to discuss, id be so glad if you share your opinion on this post's comment section and hit the like button if you gained value!
Monitoring LINK/USDT at our 2Hr Whale Block zone.
- Whale Block is unmitigated
- Whale Block broke structure
- We have an imbalance to be filled prior to our supply mitigation
- Inducement are being created in the form of EQHs
- Trading inside our FIB Golden Pocket (discount pricing)
- Looking for price to purge sell side liquidity
Remember we are trading human emotions and probabilities
Hope you enjoy the content we create, You can support us with your likes and cheers 🙏🙏
❗️Attention: this isn't financial advice we are just trying to help people with their vision.
HooRaa
LINK - short trigger Technically my short trigger has hit, the market showing some strength yes, but if I stick to my rules it would tell me to short this area with a tight stop-loss.
Time will tell if I am wrong or not, but that is why I have invalidation levels (reclaim mid-range I am invalidated).
V
Link - Long Risky TradeFor today we have prepared the following trading idea with which we are aiming at taking advantage of a possible upwards movement in Link. This time though, we have left the risk parameters more fluid, which are to be based on your risk appetite. Reason for this is that on one hand we are applying leverage of up to 20 to the trade and also having ambitious exit goals.
LINK — LONG
Entry: current market
Targets: 20% | 30%
Leverage: 20x
SL: based on your risk appetite
LINK PERSONAL ANALYSIS IN THE SHORT TERM (WOW, POTENTIAL!)The total evaluation for the LINK asset is bearish, however a sudden dump would almost always warrant a potential re-test of the said lost support. We have 2 confirmation candles on the daily signaling a potential reversal as well as the amazing volume profile range to indicate that we are currently sitting at a valuable support of 6.80-7.20$. We probably wouldn't see any extreme dumps for a while considering how the SP500 and the NASDAQ (despite their mega bearish scenario) will often retrace before a further dump.
Please be mindful of your risk, go to sleep with a stop loss so you won't suffer any forms of insomnia or paranoia.
---------------
You like the chart? That's great, use it! Bookmark it, save it -- its yours, for free. Don't forget to comment, share, and boost the post!
LINK - Scenarios A B C Link, ahh good old Link. How have you been, tough year hey? Well, good thing is you're still kickin' around despite all this blood on the street.
I haven't charted LINK in a long time, but I feel now it is time again. My thoughts are all written on the chart, clearly, with BOTH short and long triggers.
I don't really care if you agree or disagree and in fact I welcome it, because being a successful trader means having invalidation levels and accepting when you're wrong. In other words, being objective and mature. (I got some trash talk last post from someone who was butt-hurt about the bear market, if you're a positive person I absolutely welcome your feedback, please!)
Anyways, LINK is clearly back into the range, having swept the highs and lows of liquidity. Sitting on support and likely waiting for what ETH and BTC are going to do next. Given it could go either way, please enjoy my long and short scenarios on the chart.
LONG - above a reclaim of $7.80-ish
Short-term Long - Enter on another minor dip around $7 and SL below wicks
SHORT - below losing $6.70-ish
I don't love drawing lines of where price may go, so really I'd just play it level to level and keep it simple. We have the mid-range currently acting as support, lose that we have a bullish order block in green box and obviously below that we have the macro low. It may sound like a lot of support, but if bitcoin tanks LINK is double tanking!
Or we reclaim range high and test resistance, but I would either wait for confirmation to enter (above $7.80-ish) or I'd enter SOON with a tight stop loss below our most recent wicks shown in the "Potential ST Long"
For now mainly chop, no clear setup. Need more PA to develop, as per usual.
Get your 8 hours of sleep tonight Anon!
Cheers
LINKUSDT sk analysis signal idea Market in our buying orange zone which in considered as big zone so will wait for formation on small bulls sequence and we can trade the BC area RR 3:1 on the other hand we have to take in consideration the yellow zone which is the corrective zone for bears sequence starting from the higher point
LINKUSDT Forming Bearish PatternLinkusdt is forming BEARISH BAT Harmonic Pattern.
The Bat pattern is a retracement and continuation pattern that lets you enter a trend at a good price just as it is resuming. It is similar to the Gartley pattern but uses different Fibonacci levels.
I have marked the potential reversal zone and targets.
RSI is showing Hidden Bearish Divergence.
Manage your Risk accordingly.
Hit the Boost Button if you like my idea.
NOT A FINANCIAL ADVICE
Don't risk more than 1% on any trade
LINKUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for LINKUSDT
In the present chart, we have R1 as the resistance line that expresses the price was was not able to rise at some points. Also S1 and S2 are our support areas which contain the support of the price at some points. At the moment, we have the fluctuation of price below R1 and we predict it will fall to the bottom of S1 and here we should wait for some confirmation candles in order to have a rising trend to R1. Even it is probable for the price to lose the support at S1 area and have a decline and then start its rising trend upward. In case the price moves below S2, more decline will be waiting for it.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
LINK to $8.5LINK to $8.5.
Nice breakout and pullback. If bullish market will continue, second target is $18.
LINK MARINES GETTING READYEver since the finish of this textbook falling wedge (), Chainlink LINK has been setting a zone of accumulation.
Only a matter of time before it impulses out of nowhere forcing bottom sellers to fomo back in
Hold my beer pls
----
No financial advice, do your own research, don't be stupid