Get started
LINK Perpetual Futures ContractLINK Perpetual Futures ContractLINK Perpetual Futures Contract

LINK Perpetual Futures Contract

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

LINKUSD.P trade ideas

LINK TO THE PASTHistorically Link has been brilliant to trade from a technicals perspective. You can see the prior consolidation channel and the 2 x Head and Shoulder patterns that played out beautifully. You can also see how the green circles were great entry levels At present we appear to be in a consolidation box awaiting breakout. I am leaning Long Term Long for the following reasons: - On Balance Volume is increasing - Break above 50 week MA - RSI pressing upwards - 90% correction in price since May 2021 (when we broke RSI resistance line, important to watch for this and exit trade if it occurs). - LINK/BTC is also in a downward channel and looks ready to break out - You will see from my recent BTC Dominance chart i believe we will have a slight pull back in dominance over coming weeks offering ETH and Alts an opportunity to make some gains - The prior patterns, the H&S, Parallel channel and subsequent H&S top, these all lasted between 52 and 72 weeks. We are in this current consolidation pattern almost 50 weeks. It is probable that we get a break out within 2 - 22 weeks. Trade Management (swing trade) - A retest of the 50 MA would be a reasonable entry. Bottom of the box event better. - Break below box, exit trade. - Trade timeline 2 - 22 weeks (explained above) - If already in the trade I would be keen to exit the trade once in oversold territory on the weekly RSI (We can always reenter it later). PUKA
COINBASE:LINKUSDLong
by PukaCharts
ChainLink End Of The RoadChainlink has posed a challenging cycle thus far, with an extended period of sideways accumulation for over a year. However, the time has now come for the asset to make a move. The Gann Fan indicator illustrates that there is limited room for further sideways action, with three rejections of the 1/2 Fan occurring in the last two years. If we do break out of this range, we must either move downwards or make a significant upward move, which will likely last until late June 2023. At this point, a move to the 1/1 Gann Fann level with 20 dollars as the maximum price increase seems the most plausible. Looking at the facts, the monthly histogram for LINK indicates a building momentum, with lighter closures suggesting a potential shift in trend. Additionally, LINK has experienced four straight months of weekly lower highs since the start of the year. My hypothesis is that we will reach a peak in June 2023, which lines up with the predictions for LINK based on the chart below: The USDT dominance chart has completed its 5 waves and ABC correction, with the final wave most likely to start next week once the yellow support level is broken Furthermore, the Bitcoin Dominance chart has also completed 5 waves and is currently experiencing a rejection of the 8/1 Gann Fan, indicating that alt season is likely on the horizon. If Link fails to break the 1/2 Gann Fann level to the upside, the downside target would be HKEX:5 , though this scenario has a lower chance of playing out at the moment.
COINBASE:LINKUSDLong
by Sporia
12
LINK - It is timeLink has been consolidating in the same tight zone for 330 days. After that long period of accumulation, I predict the move up will probably be large and sustained for at least 2-3 big legs up. The problem is that we've had 3 fake-outs where price closed above $8.5 and then dumped hard right after. With that in mind, I plan on buying the next time LINK closes above 8.5 and cutting my losses if I see it close back below the support/resistance (S/R) zone highlighted in red, meaning below $8. If the breakout is real, a I think and hope it is, then I intend to take profits between $19-20, and keeping the rest for the possibility that LINK becomes a beartime runner again, like last time.
BINANCE:LINKUSDLong
by fritzz
9
Super low volatility on LINK since August 2022 weekly Bullflag!Here we have a bullflag on the weekly chart for NASDAQ:LINK We have volatility in the extreme lows since August 2022 The accumulation/distribution indicator is showing higher lows Fundamentally link is trading where we were before the coinbase listing pump (inflation adjusted). I belief Chainlink is hyper undervalued compared to where it should realistically be. Time will tell as always it will only become obvious to the masses AFTER the asset pumps and believe me, the value of NASDAQ:LINK will become very apparent in the years to come. WAGMI!
COINBASE:LINKUSDLong
by GregTheSpider69
LINK: smooth movesAnother relatively calm week for LINK, however, this time the market was more oriented toward the downside. The price of LINK was moving in a range between $7.2 and $6.8, finishing the week modestly below $7.0 support, which has been tested during the whole week. LINK was following general market sentiment, however, managed to sustain the price around level of $7.0 which is positive for this coin. RSI is showing the potential for the price to move further to the downside. The indicator was moving below level of 50 during the last two weeks, reaching the level of 45 as of the week-end. MA50 and MA200 continue to move as two parallel lines, not providing much indication whether potential cross is in prospectus or not. LINK is clearly in a reversal mood, and must finish the cycle, before it starts again its road to the upside. Support line at $7.0 will be tested at the beginning of the week ahead. In case that it is clearly breached, the next support line stands at $6.5. On the opposite side, there is no indication that $7.5 could be tested. Instead, the coin might just shortly reach $7.3 before it reverts back to $7.0 and below.
COINBASE:LINKUSD
by XBTFX
LINK/USD - Time to Look for Buy SetupsAn interesting pattern has been forming in the LINK/USD chart – the ABC pattern. As we approach the end of wave C, it's important to pay attention to potential buy setups. As long as we don't break below the $5.90 level, it may be a good opportunity to look for buy setups. The Investor Satisfaction & Price Divergence indicator also reveals a significant convergence between the normalized satisfaction line and the price normalization. This convergence may offer deeper insights into market dynamics due to: Market Sentiment: Close investor satisfaction and asset price can indicate positive sentiment, potentially increasing demand and causing a price rebound. Alignment of Interests: When satisfaction aligns with the asset price, investors may perceive the price as fair, prompting them to buy or hold the asset, possibly driving up prices. Market Rebalancing: Approaching the divergence line after substantial divergence might signal market rebalancing. Investors could adjust their positions to close the gap, resulting in a price rebound. This convergence suggests potential high volatility in the near future. The target is a break above the previous high. I will secure profits along the way. Stay alert, monitor the chart and indicators, and be prepared to seize opportunities as they arise. Remain vigilant and capitalize on the market's vulnerabilities!
COINBASE:LINKUSDLong
by Ox_kali
LINK: potential for $7.5After a reversal from the level of $8.7, reached two weeks ago, and a move back to $7.0 support, LINK started a new cycle, all over again. Previous week was a relatively calm one, where the coin was moving in a short range, between levels of $7.0 up to $7.3. Highest and lowest levels during the week were $6.8 and $7.5. Still, during the previous week, investors were more preoccupied with developments over First Republic Bank, so altcoins were out of scope. In this sense, LINK could not perform better than it actually did during the week. RSI continues to move below the level of 50, indicating that the market is still more oriented toward the oversold side. At the same time, MA50 started to modestly diverge from MA200, but still, it is still unclear whether there is any kind of potential cross in the coming period. Second week in a row LINK will start by testing the $7.0 support line. There is currently an equal number of buying and selling orders, which implies on potential that $7.0 might hold. At the same time, charts are also pointing that $7.5 short term resistance might be tested in the week ahead.
COINBASE:LINKUSD
by XBTFX
LINK: starting all over againTwo weeks ago LINK had a very good week, when the price of the coin reached a resistance line at $8.0. Start of the previous week was even better, since the price was pushed to the weekly highest level at $8.7, however, the long term resistance line at $9.0 has not been tested. But the weekend brought some heavy drop in price, due to generally negative market sentiment, erasing totally profits from the last two weeks. The price of LINK is ending the week by testing the $7.0 support line. This was certainly a strong drop, which LINK did not deserve, but the market is always right. At the beginning of the week RSI reached a clear overbought side, however, the indicator is ending the week below the level of 50, and around 45. Moving averages of 50 and 200 days continue to move as two parallel lines, still not providing much indication whether they are ready for any kind of a cross in the coming period. LINK will start the week ahead by testing the $7.0 support line. This line was strongly holding during the last period, while emerging buying orders as of the weekend are providing some potential that $7.0 will hold in the coming days. In case of some surprises, the price might go to the level of $6.5 but just within a short period of time. On the opposite side, current charts are showing some potential for $7.5 in the coming days.
COINBASE:LINKUSD
by XBTFX