LINKUSD.P trade ideas
Setting bids for LinkI already entered at around current prices for 50% but I think we fill the inefficiency below too.
Link to 875%Chainlink (LINK) is one of my newest investments. There is ongoing Early Access for Chainlink staking (I will post link in comments) for all intersted holders. This is trade (investment) setup on larger timeframe. I am not looking to reach targets 2,3,4,5 and 6 very soon, that could be year(s). I will sell most of my capital on targets 3,4 and 5. Small portion will be sold on Target 1,2 and hopefully 6.
Entry Zone: 6.91 – 8.93
Buy Zone 1: 1.50 – 2.81
Target 1: 16.49 – 18.90 (87%)
Target 2: 26.72 – 29.03 (203%)
Target 3: 35.82 – 38.72 (303%)
Target 4: 50.86 – 54.13 (471%)
Target 5: 70.53 – 73.48 (693%)
Target 6: 86.89 – 90.92 (875%)
Chainlink: Take-off! LINK shot upward last week and was thus able to leave our turquoise Target Zone (between $8.20 and $10.90). We expect the turquoise wave 3 to lead above the resistance at $20.85. However, a renewed dive into our Zone within the internal substructure is quite conceivable in the short term, which is why we continue to keep it active.
LINKUSD 15m bullish Cup & Handle & D/bottoms 1HR & 4HR
Here is a trade setup I am monitoring. LINKUSD tends be lower volume. On the 15m chart there is a bullish Cup & Handle.
I am watching for a 50% re-traceemnt of the handle & then to see if price breaks out at the top of Cup Neck-line.
On the 1HR & 4HR charts there seems to be some action as price comes off D/bottoms.
Long trade
Fri 9th August 24
Buyside trade
NY Session PM
6.00 pm NY Time
Entry 10.490
Profit level 13.300 (26.79%)
Stop level 10.165 (3.10%)
RR 8.65
Chainlink: Let’s go!LINK dropped significantly in the last seven days and even briefly undercut our turquoise Target Zone (between $8.20 and $10.90). However, as it was able to turn around quickly and only undercut the range by less than 1%, our count remains intact. We now see the turquoise wave 2 as completed and expect an upward push above the resistance at $20.85 in the further course. Investors could open long positions within our Target Zone. Stops could be placed around 1% below the lower edge. Should the bears push the price significantly below the Zone (37% likely), we will have to anticipate a lower low of the turquoise wave alt.2
Chainlink Business As Usual It might seem like a shock for most that Chainlink had this big move down, but if you have spent a lot of time studying Chainlink's last cycle, you would know that this is business as usual.
The fact that Chainlink had this move has made me more bullish than ever. We are currently 64% down from March 2024. Crazy? I think not.
71%
71%
62%
44%
These are all the corrections Chainlink had during its last cycle to its all-time high.
All we are doing is a back test to this previous range. Chainlink was doing the same thing last cycle.
If we overlay the last cycle over this starting from wave 5, we can see that we have had a crash during the same time of the cycle as we did in March 2020 (Covid). Crazy.
I would not be surprised if Chainlink closed above $11 by the end of the week, just above the 1:1 Gann Fan, and started a V-shaped recovery, marking the bottom. There is a very high chance.
Once again, my time fibs hit right on the money. The blue fib marked the bottom, and the yellow marked the top!
**Next date: 18th Nov 2024**
Chainlink Business As Usual It might seem like a shock for most that Chainlink had this big move down, but if you have spent a lot of time studying Chainlink's last cycle, you would know that this is business as usual.
The fact that Chainlink had this move has made me more bullish than ever. We are currently 64% down from March 2024. Crazy? I think not.
71%
71%
62%
44%
These are all the corrections Chainlink had during its last cycle to its all-time high.
All we are doing is a back test to this previous range. Chainlink was doing the same thing last cycle.
If we overlay the last cycle over this starting from wave 5, we can see that we have had a crash during the same time of the cycle as we did in March 2020 (Covid). Crazy.
I would not be surprised if Chainlink closed above $11 by the end of the week, just above the 1:1 Gann Fan, and started a V-shaped recovery, marking the bottom. There is a very high chance.
Once again, my time fibs hit right on the money. The blue fib marked the bottom, and the yellow marked the top!
**Next date: 18th Nov 2024**
CHAINLINK LONGChainlink has almost completed a wedge pattern it has been printing for the last few weeks. I believe this will be the catalyst to move LINK back up around the $21 range. Next weeks candle will be a big determinant.
low conviction longbullish on RWA trades
pretty sh*t entry but eth looks good and this is eth beta and the best RWA token
could get a better entry soon so this is low conviction
blue line tp's or whatever feels right at the time
$LINK perma-bullthis has an enormous usage in traditional markets and industries, people are underestimating the power of link marines
Bay A strong signal to buy with a limited stop loss and take a larger profit after breaking the next level and exit with a take profit
$LINK targeting $2.72?NASDAQ:LINK looks like it's on the verge of a breakdown of it's H&S top. Should price break below $12.78, the target for the move would be $2.72.
We just got our first red candle on the 2D heikin ashi which increases the likelihood that it rejects here and falls lower below $12.78.
Let's see how it plays out over the coming months.
LINKUSDT (Alternative count)
I do not truly believe that this alternative count will materialize, but it remains a valid possibility. Please check my charts and follow the price actions.
Enjoy :)
LINKUSDTThe main bullish count is shown on the chart. We are forming a wedge pattern unless the fifth wave expands to the level highlighted on the chart. I will also share an alternative idea for LINK.
Chainlink (LINK)LINK doesn't need any introduction; it has a great project, a great community, and has also given great growth. It seems the corrective wave has ended at 0.382 Fibonacci retracement and now the price is about to break the consolidation triangle-shaped area. Let's see how things unfold.
LNkUSD forecastHi traders;
According ETHUSD forecast;
Cryptocurrency Market has a jumb before market reversal and start downtrend
Link Usd movement for the next 2 weeksi see that a historical movement from february 2022 is being repeated in real time.
Chainlink Bullish targets 2024Basic thesis as on chart using EWT along with channel
Confluence with Fib and trend based fib
TP predictions
26
33
43
63
LINK- Re-accumulation w/SpringBIST:LINK
Is a Wyckoff Re-accumulation w/Spring about to jump the creek...?
