LINK Long IdeaLINK
Entry: 11-10.5
TP: 11.4- 11.8- 12.0 - 12.2
SL: 10.35
I'm bullish on LINK monthly chart being in the golden ratio zone, its great to accumulate some here in spot and TP at 30-40% in 1-2 months but here's a setup for short term scalpers. Despite being a bit bearish on BTC, remember to stick to your SL
LINKUSDT
LINKUSDT 1D Possible corrective patternLINKUSDT 1D Possible corrective pattern
In the 1D time frame, all levels are magnified and corrections that occur in smaller time frames are insignificant.
Levels to take into consideration:
SL 9.80 This level is in line with the lows recently marked.
SL1 8.50 Just below the bullish trend line and already recently reached.
SL2 5.75 This would be a purchase and accumulation zone.
TP 15 in case the 0.618 of the last bearish section is corrected before looking for the purchase zone at 5.75.
Link: Signs of life?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Bullish Take:
Breakout Possibility: The price has been testing the downtrend line (blue line), and a potential breakout above could lead to a bullish rally.
Key Levels to Watch: The next target after a breakout is the $10.812 level.
Recovery Formation: The price is hovering near a critical support level at $9.910, and if it breaks and holds, this could trigger a bullish reversal.
Bearish Take:
Downtrend Still Intact: The price remains under the blue trendline, suggesting the downtrend is not yet broken.
Support at Risk: If $9.910 fails to hold, the next support lies around $9.329, which could lead to further downside.
Lower High Formation: The chart shows a series of lower highs, reinforcing a bearish sentiment unless a strong breakout occurs.
In summary:
Bullish outlook if price breaks the trendline and moves above $10.812.
Bearish outlook if price breaks down below $9.910, potentially leading to $9.329.
Trade Safe,
Trade Clarity.
LINK : MASSIVE Profits Possible from THIS ZONEA Bearish Head and Shoulders pattern formed in the weekly, and we're not quite out of the woods yet - usually, a H&S retraces all the way back to the bottom of the left shoulder. In this case, it falls exactly at the ideal buy back zone:
It's good to see that the trendlines are moving CLOSER together - if you look at historic prices, this usually precedes a time of range trading, followed by another impulse wave up. The wider the trendlines are apart, the stronger the sentiment (bearish if under, bullish if above):
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BINANCE:LINKUSDT
LINK-USDTLINK-USDT.
Looking at this pair over a one-day time frame, you can see how the price stays below the downtrend line.
When it comes to support, we have visible:
SL1 - $10.40,
SL2 - $9.85,
SL3 - $9.10,
SL1 - $8.
looking the other way, you can see the targets at the following levels:
T1 - $11.66.
T2 - $12.47.
T3 - $13.66.
T4 - $15.17
LINK Long Position (Oversold Conditions)Market Context: LINK has reached an important level of support, with oversold conditions on medium timeframes. This presents a potential long trade opportunity, particularly if BTC holds the $58,000 support level.
Trade Setup:
Entry: Long trade around $10.80 - $11.53 support level.
Take Profit:
First target: $12.50 - $13.00
Second target: $14.50 - $15.30
Stop Loss: Tight stop loss just below $10.30.
📊 This trade capitalizes on the oversold conditions and key support, with well-defined targets and a tight stop loss to manage risk. #LINK #CryptoTrading #SupportLevel
CHAINLINK: A Decisive Point!ChainLink (LINK) is currently at a decisive point. The current price of $10.27 is right at the support trendline. If it breaks below this support (the blue box), it is likely to face a further downtrend to $4.58.
If this support holds strong for LINK, it could soon rebound toward $18 and potentially initiate a higher rally.
- Important Support: $8-$10.
- Lower Support: $4.58.
- Resistance: $18.
Make sure you do your research and analysis before investing.
Trade safely
Regards,
Team Dexter.
#ChainlinkBUILD #cryptocurrency
Chainlink (LINK)Chainlink price today is $8.4 with a 24 hour trading volume of 1,7 billion dollar. LINK price is up 3% in the last 24 hours
Chainlink is a framework for building Decentralized Oracle Networks that bring real world data onto blockchain networks, enabling the creation of hybrid smart contracts. These DONs provide decentralized services such as Price Feeds, Proof of Reserve, Verifiable Randomness, Keepers, and the ability to connect to any web API.
for three month Link charts growing and bulls try to take 8.5,9 and 10 back. 6.5 and 7 is a dip for link and If you got lucky don't forget to buy for long hold
Dont forget to watch Lex Fridman podcast with Sergey Nazarov co-founder and CEO of Chainlink too
LINK - Support is holding strong. What's next ?BINANCE:LINKUSDT (1W CHART) Technical Analysis Update
LINK is currently trading at $13.6 and price has reached it's support zone, this support zone is holding strong and we can expect the price to bounce back from this support zone, if this support zone fails to hold then next support is around 9$ range, we will keep our SL below this 9$ range
Entry level: $ 13.6
Stop Loss Level: $ 7.8
TakeProfit 1: $ 15.261
TakeProfit 2: $ 19.410
TakeProfit 3: $ 22.745
TakeProfit 4: $ 33.347
TakeProfit 5: $ 49.206
Max Leverage: 2x
Position Size: 1% of capital
Remember to set your stop loss.
Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts.
Cheers
GreenCrypto
LINK looks bearishLINK structure looks bearish. We have had lower H and L .
So it is better to look for sell/short positions in resistance ranges.
We are looking for sell/short positions on the supply range.
Closing a daily candle above the invalidation level will violate the analysis
Note that the financial market is risky, so:
Do not enter a position without setting a stop and capital management and confirmation and trigger.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
Long position on LINKUSDT 49Min/ Volume PredictionBINANCE:LINKUSDT
COINBASE:LINKUSD
High-risk status: 4x-5x Leverage
Mid-risk status: 3xLeverage
Low-risk status: 2x Leverage
⚡️TP:
13.72
13.85
13.95
14.09
14.23
14.34(In Optimistic Scenario)
➡️SL:
13.28
13.07
12.85
The Alternate scenario:
If the price stabilize below the trigger zone, the setup will be cancelled.
Trade Setup: LINK Long Spot PositionMarket Context:
LINK has retraced down to the next area of support, providing a potential entry point for a long spot trade.
Trade Parameters:
Entry: Ladder into a long spot trade in the $13.00 - $13.50 area of support.
Take Profit:
First target: $14.50 - $15.30
Second target: $16.25 - $17.00
Stop Loss: Set just below $12.30
📊 Monitor the price action closely for signs of support holding and ensure to adjust the setup based on market conditions to maximize the potential upside while minimizing risk. #LINK #CryptoTrading #TradeSetup 🎯
LINK ANALYSIS (1D)LINK has formed a bearish pool at the bottom of the chart after CH.
Also, the LINK structure is quite bearish for now
We expect deeper drops from LINK.
If POI is reached, we can look for buy/long
Closing a daily candle below the invalidation level will violate the analysis
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
LINK/USDT June - 2024LINKUSDT might be forming a seven-month-long Head & Shoulders (H&S) top, with the horizontal neckline providing support at the $13 level. A breakdown below $13, especially with a long black weekly candle, would confirm the H&S pattern. Experienced traders can consider shorting LINKUSDT once it drops below $13, targeting the next two support areas. Alternatively, we can wait for the price to reach the $8 to $9 range for a strong buy opportunity.
-----------Disclaimer --------------------
This is not financial advice. Please do your own research and consider your risk tolerance before making any investment decisions.
It's crucial to manage your funds wisely. If the market loses the main support area, especially on the weekly chart, be prepared to exit your positions. However, stay alert for potential shakeouts - temporary drops that regain support—which can provide opportunities to re-enter the market.
Remember, the strategy for taking profit isn't about hitting an exact number. Instead, we focus on areas of possible resistance or support. As we approach these areas, we move our stop-loss orders higher, allowing us to follow the price action toward higher targets. This method helps secure profits as the rally progresses.
Always have a plan for both entry and exit points. By adhering to these strategies, we aim to optimize our trading outcomes and secure massive profits.
Successful trading involves understanding the rules and executing them with discipline. Stay focused, manage your risks, and be ready to capitalize on market opportunities.
Happy trading!
LINKUSDT Inverse Head and ShouldersLINKUSDT Technical analysis update
LINK price has been forming a head and shoulders pattern over the past 30 days. Now, the price is moving towards the neckline with high volume for a breakout. If the breakout is confirmed, we can expect a strong move in LINK.
Buy Level: Above $14.70
Stop Loss: 13.30
Consolidation is over, breakout next. - LINK/USDT#LINK/USDT #Analysis
Description
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+ Link Price has consolidated nicely in the past and now it formed a triangle pattern
+ Breakout from this triangle pattern will pump the price upwards and we have a good potential for trade
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VectorAlgo Trade Details
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Entry Price: 13.9
Stop Loss: 9.9
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Target 1:17
Target 2: 22
Target 3: 34
Target 4: 42
Target 5: 52
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Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Best Regards,
VectorAlgo