CHAINLINK/LINK UPDATES
PREVIOUS IDEA ARE ON SPOT.
This is not a financial advice,
Follow for more. The patience traders always win.
Thank you.
Im expecting retracement..
LINKUSD.P trade ideas
✴️ Chainlink Sideways Continues But... Where Are The Fruits?It has been the longest consolidation phase ever for Chainlink, so far a total of 475 days going sideways. Not up, not down, just sideways... Some people would say this is the worst.
Within this sideways channel we still have bearish and bullish waves. A medium-sized correction just took place and now we are preparing for a new bullish wave.
This new wave can end up right at the upper boundary of the channel or it can continue straight up. Regardless of the outcome, we will have a break from sideways action and will experience bullish growth.
We welcome change.
Positive continues to hit the market, it will soon start to add up.
Just like that, we went from bad to worse, from negative to terrible while Bitcoin continued to grow.
Now we are seeing the first pieces of positive news coming out and then, after 1-2 weeks of positive, the market catches up.
First the roots, then the trunk, the leaves, the flowers and the fruits.
This new market cycle already cemented its roots, in fact, I can clearly see a big trunk.
We are due to see some beautiful leaves and flowers, ripe fruits in 2024.
Namaste.
Chainlink Breakout!After a long, long time LINKUSD has broke out of its $5 - $9 sideways consolidation.
This has been over 500 days ! Quite the achievement! It's hard to stay patient but if you trust in the future of your investment you don't need to check it all the time and those days fly by.
Going forward (depending on BTC), LINK has built a strong foundation for itself and it's unlikely for LINKUSD to ever dip below $5 again. With the Bitcoin halving approaching in April 2024 there is potential of a sustained bull run where LINKUSD has a massive support advantage against other alt-coins. With it's current market cap, the capability of LINK is enormous.
However, fear remains among the U.S economy and markets (of a recession) as well as lingering in the crypto space from the recent long bear market and ongoing distrust. That being said, we are currently riding a short-term high and if BTCUSD were to fall , LINKUSD will go right back down with it to retest our strong support range.
Lastly a reminder: Chainlink has one of the strongest and trusted teams in the cryptocurrency space and has always been a favorite of outside the sphere interest. We must not get ahead of ourselves, but I remain long term BULLISH on LINKUSD and I'm excited for the future to come!
Link continuation after holdingGood morning traders.
Link ist still in a huge upward moving.
My take is 13.50 was already a huge level was getting broken now it should be time for a correction or at least a little break. After we looking forward to the 20 level. At that time BTC is almost at 37k take also care about this movement. I draw my levels below.
Trade safe and take care.
Rally is over - Short LinkShort Link
Take a small amount of short position and, for God's sake, maximum is 3x.
stop loss at 15.2
tp1 : 12
tp2: 10.85
tp3: 8.6
LINK-USD Wyckoff Accumulation in Progress...Remember our old freind Wyckoff from April 2021?
Well he may be back in an accumulating mood for LINK.
See you in 2024 when the dormant period ends.
Celebrating Chainlink's Remarkable 76% RiseChainlink has soared a staggering 76% to become the top-performing cryptocurrency of the moment. 🚀🎉
It's moments like these that remind us why we love being a part of the crypto trading community. The thrill of witnessing such remarkable growth and seizing profitable opportunities is truly electrifying. And with Chainlink's recent surge, it's time to ride this wave of success together!
If you haven't already considered it, now is the perfect time to explore the potential of long positions on Chainlink. With its impressive momentum and strong market presence, Chainlink has proven itself to be a force to be reckoned with. By going long on Chainlink, you have the opportunity to capitalize on this upward trend and potentially maximize your returns.
Here's why I think going long on Chainlink could be a game-changer for you:
1. Unprecedented Growth: Chainlink's recent 76% surge is a testament to its potential as a top-performing cryptocurrency. This kind of growth is hard to ignore, and by going long, you position yourself to benefit from further upward movements in its price.
2. Strong Market Presence: Chainlink has established itself as a trusted and reliable player in the crypto market. With numerous partnerships and integrations, it has proven its value and utility, making it an attractive choice for long-term investors.
3. Technological Innovation: Chainlink's cutting-edge technology, particularly its decentralized oracle network, has gained significant recognition within the blockchain industry. Its ability to connect smart contracts with real-world data is revolutionizing various sectors, including finance, insurance, and supply chain management.
Now, I don't want you to miss out on this incredible opportunity. Take a moment to assess your trading strategy and consider how going long on Chainlink aligns with your goals. Remember, the crypto market is highly dynamic, and staying ahead of the curve can be immensely rewarding.
If you need any assistance or have any questions regarding Chainlink or any other trading opportunities, please don't hesitate to reach out by commenting below. I'm here to support and guide you in making informed decisions that align with your trading objectives.
Some upcoming Chainlink Levels to watch.Just a follow up to my last post () so that people can click "play" and see how it plays out.
LINK Approaches $13 as it RetestsLINK token is on the move again, and it's approaching the $13 mark as it retests. This is a golden opportunity you don't want to miss!
If you've been following the LINK's impressive journey, you'll know that it has been one of the most promising and consistently performing cryptocurrencies out there. And now, it's gearing up for another upward surge, which has us buzzing with excitement!
Why should you get in on this action? Well, let me give you a few compelling reasons:
1. LINK has shown remarkable resilience and strength, consistently outperforming many other tokens in the market. Its track record speaks volumes about its potential for growth.
2. The retest at $13 signifies a crucial point in LINK's trajectory. Breaking through this level could open up a whole new world of possibilities, potentially propelling LINK to even greater heights.
3. By going long on LINK now, you position yourself to ride the wave of its upward momentum, potentially reaping substantial profits as the market responds to its bullish movement.
So, what's the call-to-action? It's simple: seize this opportunity and go long on LINK! Don't let this exciting moment slip through your fingers. Here's what you can do to take action:
1. Conduct thorough research: Dive into LINK's recent performance, market trends, and any other relevant factors that could impact its price. Knowledge is power, so arm yourself with information before making any decisions.
2. Consult with experts: Reach out to experienced traders, join online communities, or engage in discussions to gain insights and perspectives from those who have been closely following LINK's journey.
3. Develop a trading strategy: Based on your research and expert advice, create a well-thought-out plan that aligns with your risk tolerance and investment goals. Remember, a solid strategy is key to successful trading.
4. Execute your trade: Once you feel confident in your approach, it's time to take action. Open a position, set your stop-loss and take-profit levels, and keep a close eye on the market to make any necessary adjustments.
Remember, trading always carries risks, but calculated risks can lead to substantial rewards. LINK's potential for growth and the current retest at $13 make it an exciting opportunity worth considering.
So, gear up, fellow traders, and get ready to ride the LINK wave to new heights! Don't let this chance pass you by. Take action now and go long on LINK!
Chainlink stays very bullish Despite being one of the best performing coins recently, Chainlink's chart remains very bullish. As long as 10.80 holds, as soon as the price breaks 11.45 resistance on the 4H we fly.
Will LINK Reach The $15Mark?Bullish Breakout: LINK has achieved a robust breakout above an ascending resistance trendline.
Psychological Milestone: Surpassing the $12 mark, LINK sets its sights on a potential rally to $15.
Retest Warning: Despite the uptrend, higher price rejections hint at a possible retest phase.
Market Sentiment: Bitcoin's stagnation near $35K and the inconclusive SEC vs. Ripple case slightly dampens altcoin momentum.
Whale Activity: A whale's accumulation of over 312,901 LINK tokens signals strong interest and potential market impact.
Technical Indicators - EMA: A widening gap between the 50-day and 200-day EMA supports the bullish trend.
Technical Indicators - MACD: The MACD maintains a bullish trajectory, avoiding a bearish crossover.
Upside Potential: LINK's strong performance and whale interest could drive prices to $15 and beyond.
Downside Risk: A reversal below $12 could trigger a retest of the $10 support level.
Chainlink on a RUN Since June 2023LINK has been running on a breakout recently, but moreover, it has been building ever since early June 2023. I would like to know if this has anything to do with the recent news where DTCC and other FMIs use CHAINLINK to view and track transactions on the sandboxed chains used in these new experiments.
Don't believe me - READ MORE AT DTCC WEBSITE .
"In a new set of experiments, we will collaborate with more than a dozen major financial institutions and FMIs, including Australia and New Zealand Banking Group Limited (ANZ), BNP Paribas, BNY Mellon, Citi, Clearstream, Euroclear, Lloyds Banking Group, SIX Digital Exchange (SDX) and The Depository Trust & Clearing Corporation (DTCC) – to test how firms can leverage their existing Swift infrastructure to efficiently instruct the transfer of tokenized value over a range of public and private blockchain networks . C hainlink, a leading Web3 services platform, will provide connectivity across public and private blockchains for these experiments ."
LINK looks like it is finding serious utility with the FMIs.
LINKUSDPrice surged to $12.29 with a significant increase in open interest on the hourly chart. Bullish momentum suggests a potential push to $14.62. 🚀💹 Stay tuned for exciting market developments!
#CryptoTrading #BullishTrend #Link
Chainlink Hopium - Don't sell too earlyLooking at the 3 EMAs: 20/50/100
Previous weekly EMA Cross 20/50 ignited the first Chainlink Run to 50 USD.
Considering the strong fundamentals and real-world applications of Chainlink, we can be convinced to see similar growth in the future. Read
For the Bars Pattern I simply took the last run from the cross-over and added to the recent crossover.
Target 500USD, a reasonable 10x from last ATH and fitting to unit bias of most buyers.
Other outlets and Chainlink advocates have the long running meme of 1000USD, and I can't blame them.
We are still early for cryptocurrencies. In all regards. Most people look at it from a speculative standpoint, but soon we will cross the chasm to see this technology become as big as teh internet itself.
Chainlink To Finally Turn Bullish?If so, we're breaking out of a multi-year range/channel.
If not, we're headed down to at least ~$5
Who let the LINK out....????LINK $12.36 nuff said. Ok, I have to say more per posting requirements. Link has now enabled it's Cross Chain Interoperability Protocol (CCIP) this past Monday. What's not to love? This means link is now connected to just about everything. It has broken above it's $8.00 resistance too. So it now has to break out of the long horizontal channel it has been in for sometime.
Will LINK Close Price Above $12?Current Resistance: LINK price faces a tough battle against an ascending resistance trendline around $12.
Bearish Signals: Price action indicates potential bearish reversals, with higher price rejection candles becoming more frequent.
Breakout Potential: A successful trendline breakout could propel LINK towards the $15 threshold.
Market Struggle: Bitcoin's struggle to maintain its position near $35K is mirrored in LINK's current market performance.
Year-to-Date Growth: Despite the resistance, LINK's impressive growth over the year hints at a possible continuation of the rally.
Volume Trends: Rising trading volumes suggest a growing market interest in Chainlink.
Technical Patterns: LINK's price has shown a bullish breakout from a falling channel, signaling a positive market sentiment.
Technical Indicators - EMA: The 50-day EMA's bullish trajectory could provide support in case of a price correction.
Technical Indicators - MACD: The MACD indicates a potential bearish crossover, hinting at a possible downtrend from the resistance level.
Intraday Trading: LINK is attempting a recovery after a sell-off, challenging its recent price rejections.
Critical Decision Point: Chainlink's price is at a pivotal juncture that could determine its short-term market direction.
Downside Risk: A reversal at the $12 mark could see LINK retesting the $10 support level.
LINKUSDTIt is clear that it is walking in a transverse direction for a long period, and this transverse direction came after a large discharge, and this indicates that the transverse direction is also for discharge and not for aggregation, and another severe decline is expected for it to end its downward cycle
Full link mapIt is possible that we are in a downward wave 4, and it has been moving horizontally for a long time, and all of this is a drain for the next drop in the shaded area.
Note.. The scenario fails if it closes higher than the area 9.7 usdt
Link downThere is nothing new in my previous analysis and my point of view is from Dec 22, 2022 and the same negative view remains for me that this currency is heading to the shaded area below..
Please clarify that I am helping you with my point of view, which may be right or wrong, and see my previous analyzes of many currencies and forex in order to judge the owner of this analysis with a more accurate look
Good luck
LINKEUR LongLink made a nice gain of a HTF swing high. It filled a open imbalance that was at a HTF level. On the lower timeframe the trend also shifted from down to up
Chainlink major news?We will be seeing a major key speaker in Hong Kong soon.
RSI & MACD have gotten towards a stable point for another rally in my opinion, this is not financial advice. IT COULD GO TO ZERO
I think we could see a major hype cycle start that could get heavy!!
If a major world power decides to take on the LINK when they have been bearish for years this could be a life changer.
Weekly MACD has me thinking great thoughts.
I will take out initial investment near $20 - $40.
Hold the rest for a long time
