$LINK breakoutit's been really choppy and it looks like death could come at any moment on the weekly, but the daily and 4hr are setting up for a nice bounce if you got the ballz. Looks like it could break out tonight but we'll see what market brings in this god damn down economyLongby Interlinked0
Crypto Minor Analysis - Secret behind volume revealedToday, I’m going to share something that’s a bit of a secret among those in the know. I will shed some light on the first secret today, which is the volume. The first topic for today is the volume. What you see is a chart that’s a combination of 10 minor cryptos weighted based on the volume to create a single chart for us to analyze. This is part of my basket trading strategy, and it simplifies our ability to analyze the market as a whole. If you want to try it yourself, enter the following formula under formula search. COINBASE:LINKUSD*0.13305821039743082+COINBASE:GALAUSD*0.12394231389047493+COINBASE:ALGOUSD*0.10611537837627316+COINBASE:ICPUSD*0.10146860688530698+COINBASE:SPELLUSD*0.09992529126504314+BINANCE:DOTUSD*0.09822597440163378+COINBASE:MATICUSD*0.0918195299233388+COINBASE:LTCUSD*0.08937436372851348+COINBASE:MIRUSD*0.07848016918237494+COINBASE:CGLDUSD*0.07759016194960995 Please take a look at the areas of very high volume that I’ve highlighted. See something telling? Combine this with something like ZigZag indicators, and you will be immediately able to tell market reversals. You don’t need a complicated set of indicators; you only mainly need volume. VSA analysis is a great thing to learn. Like me, you might wonder why we see these high volume spikes, especially at market bottoms? General physics applies to all things in life, and the price isn’t any different. A body in motion tends to stay in motion unless an opposing force is applied. The more momentum towards a direction there is, the more force that’s required to change the direction. Volume is that energy. Sometimes we don’t need high volume to change the price. This happens when the momentum has decreased and we see that at market tops and also at bottoms and we can call this trend exhaustion. When there is exhaustion, what does that mean? That means that direction is taking a break, traders have taken profit and are no longer interested in staying at that level. However, this could mean the bullish trend is intact as no force was applied. Now to today’s analysis. If you take a look at my Crypto Majors bucket analysis (to be posted later today), you will see that the major’s experienced a market top the first week of April with very low volume. However, the Minors experienced a very high volume. This is because the minors exhibited higher momentum and due to pressure from the Major’s price exhaustion, traders took their profits and sold the Minors. On April 11th we saw somewhat of a high volume spike. This volume could be sufficient to reverse the market due to the overall bullishness. However, I would like to see a bigger volume spike to concretely tell me that the bottom is here. We should see this next week as there is a bit more room for the price to fall without breaking the bottom trend line. However, volume alone isn’t enough to tell us everything. Speed and velocity play a crucial role because that’s how we can measure the momentum. I will share that another day. Based on my complete system, prices for these minors have the potential to fall about 10% more unless we see the high volume that sets the reversals. What we see with the minors is that they follow the Majors with a delay. That delay is what causes the high volume registration because of its trend-following nature. Not trading advice, sharing for educational purposes. by Saver01919155
LINK/USDT Inverted H&S Pattern So Target after breakout us $36#LINK/USDT TA Update:- $LINK currently trading at $13.9 Price consolidating in Shoulder Pattern. Left Shoulder already completed. Head Also completed. Now If Candle not break below $12 then We can see Big Upward Targets. I am Buying some here because Inverted H&S Pattern. Entry:- $12.50-$13.90 Targets:- $21.55/$28.77/$36.12 Stop Loss:- $12Longby CryptoPatel2262
LINK 10%+ gain entry incomingToday I'm doing something a little differently. I've decided to let the charts speak in detail instead of a lot of words. If I have something special to say about the specific instrument. I will mention it here. For general Crypto updates, please take a look at my BTC update. One thing to keep in mind is that we are in a short-term downward wave today and we haven't reached the end of it. Longby Saver01
ChainlinkLINK/USDT Link is on support zone with triangle Pattern waiting for breakout and buyingby maniiac2
LINKUSD Has the world given up on ChainLink?ChainLink (LINKUSD) was one of the hottest crypto from 2019 to 2021. Ever since the May 2021 top though it has been trading on Lower Highs and Lower Lows, failing to recover its All Time High (ATH). The February 2022 Low came very close to the 1W MA200 (orange trend-line) and as long as it holds, LINKUSD will most likely sustain its cyclical bullish trend. The natural Resistance is the 1W MA50 (blue trend-line), a break above which, should be enough to restore the price on a new upside sequence. Basically LINK has been trading within the 1W MA50 and the 1W MA200 since mid January 2022, effectively 3 months. Despite the bearishness and loss of faith of the market since 2021, the first long-term bullish indicators have started to emerge: 1) The Ichimoku is on the Red Cloud already. In the two past occurrences, when that emerged, ChainLink had already started the parabolic rally phase. 2) The 1W RSI hit in late February/early March the 37.500 Support that was formed on the June 18 2018 1W candle. 3) The 1W LMACD is approaching the -0.21000 Support of the July 16 2018 1W candle. An LMACD Bullish Cross might be emerging and if formed it will most likely kick-start the parabolic rally much like the August 13 2018 Bullish Cross did. The final but rather late condition would be when the 1D MA50 (red trend-line) crosses above the 1W MA50. Every Higher High has been on a +0.5 Fibonacci extension progression. First was the 1.0 and then the 1.5, 2.0 and 2.5 Fibonacci extensions followed. Technically, the next Higher High of the Cycle should be on Fib extension 3.0 around $147.00. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------Longby TradingShot3384
Update LINK Target for EOY 2022. Somewhere between low $30's and around $400. That is the best that we can do at this point. So far the rising channel has held on the weekly. Let's see if we get a big move upwards. I think this aligns with Alton season and some charts I have been watching. Longby channelchartist116
LINK loses value at $15.3The Chainlink price analysis for April 10, 2022, reveals the market following a bearish movement, obtaining some negative momentum, signifying a loss of positivity for the LINK market. The price of Chainlink has remained negative over the past few hours. On April 8 the price crashed and went from $15.7 to $15.4. As a result, the market started depreciating soon after and lost most of its newly gained value. Moreover, Chainlink has declined slightly and devalued the price to $15.3. The current price of Chainlink is $15.3, with a trading volume of $292,046,567. Chainlink has been down 0.05% in the last 24 hours. Chainlink currently ranks at #23 with a live market cap of $7,146,330,653. The Chainlink price Analysis reveals the market’s volatility following a declining movement, which means that the price of Chainlink is becoming less prone to experience variable change on either extreme. The upper limit of the Bollinger’s band is present at $18.1, which serves as the strongest resistance for LINK. Conversely, the lower limit of the Bollinger’s band is present at $14.6, which serves as the most substantial support for LINK. The LINK price appears to be moving under the price of the Moving Average, signifying a bearish movement. The market’s trend seems to have shown bearish dynamics in the last few days. As a result, the market has decided on a negative approach. The less volatile market may be unfavorable for the bears as the bears now have good chances of maintaining their movement and deprecating the value of LINK even more. However, this will prove to be quite disadvantageous for the bulls. The Chainlink price analysis shows the Relative Strength Index to be 45, signifying a stable value for the cryptocurrency. This means that the cryptocurrency falls in the lower undervalued region. Furthermore, the RSI path seems to have shifted to a slight downward movement. The low RSI score also means dominant selling activity. Conclusion the Chainlink price analysis reveals the cryptocurrency follows a downward trend with much room for activity on the negative extreme. The market’s current condition appears to be very unpredictable, as it shows potential to move to either extreme.by AxiomEx3
LINK - desired five-wave buying scenarioWhat Is Chainlink (LINK)? Founded in 2017, Chainlink is a blockchain abstraction layer that enables universally connected smart contracts. Through a decentralized oracle network, Chainlink allows blockchains to securely interact with external data feeds, events and payment methods, providing the critical off-chain information needed by complex smart contracts to become the dominant form of digital agreement. The Chainlink Network is driven by a large open-source community of data providers, node operators, smart contract developers, researchers, security auditors and more. The company focuses on ensuring that decentralized participation is guaranteed for all node operators and users looking to contribute to the network. Longby UnknownUnicorn36647227229
LINKUSD - 15 min watching this line. Market wide.I was just mentioning this to another trader with very nice chart work. He had bitcoin shooting up. But if you look, even if that us where we are headed, you will need a drop down. Think about it like the superhero take off into flight. and superman, the new ones, where he almost pushes into the resisted form of the earth to absorb the energy of force. We need that dip into the pool of belief. I think that will be a main factor in the height of the next leg of consolidation.by mindfree332
LINK/USD: Key Level to Watch Hey traders, Link retraced to an important confluence zone on a daily. We see a perfect match between a horizontal structure and 0.5 / 0.382 retracements of the last impulses. To buy with a confirmation watch a falling wedge pattern on 1H time frame. You need a bullish breakout of its resistance (hourly candle close above) to confirm the breakout. Goals will be 16.04 / 16.6 If the price breaks a blue zone to the downside, the setup will be invalid. ❤️Please, support this idea with like and comment!❤️ Longby VasilyTraderUpdated 9948
Link LongLink manages to Hold 200 MA (Orange line). In July 21 it closes above orange line and touched 36$. Second reason Link working on web3. Recommended to buy Link Short term to Long term. Buy Link 15.7, tgt 16.7, 17.5 , 18.7, 20, 23. Long term target 50-75$Longby UnknownUnicorn216071530
LINKUSD: Long Signal Explained LINKUSD - Classic bullish setup - Our team expects retracement SUGGESTED TRADE: Swing Trade Buy LINKUSD Entry Point - 15.45397 Stop Loss - 14.67738 Take Profit - 16.61987 Our Risk - 1% Start protection of your profits from lower levels Please, leave a comment and support us with like. ❤️ Please, support our work with like & comment! ❤️Longby UnitedSignals9945
LINK - Long term perspectiveHello, I've invested in $LINK in 2018 and bought somewhere around 0.22$ and now I wanna take a look where it's heading. As you can see the yellow lines shows support/resistance on a closed candles. The white lines shows support/resistance on a wicks. Based on that I can see that we still have room to go lower to smoewhere around 7$. This is the zone where the retail investors will be scared and think that the project is dead but smart money will buy the dip. In conclousion I wanna say that this move will also depend on a Bitcoin price action. Personaly I will be waiting for May to see if we go lower or we are already hit the bottom. P.S. Tell my your thoughts on $LINK in the comment section.Longby jokubas118
$LINK Potential RangeThis appears to be the upward channel LINK has carved out, with 6 touches on the bottom rail, and 1 FBO on the top. Best we can say is between $30 and $500 by EOY. I think we’ll see $100. Longby channelchartist115
LINKUSD - Back to that 15 line of resistance. The Market Line.Here we are back to the 15 this is will be a nice test to see if the resistance holds, to me that would indicate an inching up on the belief in value, I like this project, but it's a wide open market. I feel like we might be hitting value soon, for me this will be like a raise in pitch, a tighter wave.by mindfree0
LINK - long playUpper and lower trend lines I drew on the 4 hour chart creating an expanding upwards channel Recent break of resistance levels I entered a long position at around 17.5 and will be swinging it until I see a break of the current trend First two price targets at dashed green lines This is my first post, feel free to leave some comments or suggestions for me Longby Louieb99220
LINK the legendary hero of hyrulewell he defeated ganon and ganondorf so you know this kid aint playing. $70 price target on the cards once he picks up the master sword. really no telling what will happen but by the looks of things buddy is stuck in jabu jabus belly at the moment. donwside to $2 is a possibility but only if the water temple trips him up, which is a classic. besides that uponlyLongby largepetrol225
Linkusd - LongLink chain will complete a harmonic pattern @ 24.63 then it targeting 25.77 (TP1)Longby ChartMakerProUpdated 5
SOL and LINKUSD - Falling WedgesFalling Wedges on both sides LINK is experiencing the falling wedge on a Weekly timeframe however Bullish by Bixley3320