LINKUSD.P trade ideas
LINKUSD - Channel PleaseA sideways 80% range channel right near 2019 and 2020 highs would be ideal to build a base. Buy low, sell high until it breaks out.
Give to me.
LINK: slow movesIt was a relatively modest week for LINK. There was a general negative market sentiment on the crypto market, so LINK could not make any sort of general moves, instead, the coin was slowly moving between levels of $7.2 and $6.7. There has been an interesting development on Thursday, when the price suddenly moved till level of $7.8, which has been followed with significantly increased trading volumes. However, the price swiftly reverted to previous levels. Although there is no further information on this transaction, it still to some extent shows that LINK has a strong potential.
The RSI indicator moved to the down side, but it is still holding modestly above the level of 50. It shows that the market is still not ready to head toward the oversold side. Moving averages of 50 and 200 days continue their dance as two parallel lines, which lasts from December 2021, still not providing any glimpse that the long awaited cross might occur any time soon.
Current charts are pointing that LINK might continue with its slow motion moves also in the coming period. Certainly, the resistance line at $7.0 is currently tested and is going to be tested during the following days. On the opposite side, $6.7 might be a short term stop for one more time, with decreased probability for $6.5 support.
LINKUSD Is it finally moving?Chainlink is consolidating around the 1day MA200, being slightly more bullish as the 1day MA50 is holding. Today's highly volatile 1day candle is evidence that the market is prepared to move higher. The Channel Down on the RSI could be a Bull Flag as it was in October.
We are buyers with 8.200 the short term Target. Next buy above Resistance A with our Target a bit lower than Resistance B at 9.4500.
In the same sense, below Support A, we turn to selling with 5.7000 our Target.
Follow us, like the idea and leave a comment below!!
LINKUSD - Target practice - near term short.Adjusted my wave count. Just publishing out of curiosity to see how my predictions do. I do not have any open trades, but a break above the triangle - by my count, not a triangle formation wave, but just some apparently relevant trend lines - may be enough for me to consider re-engaging a trade, depending on bitcoin's and ethereum's structure.
My previous analysis re. wyckoff accumulation can be found here:
Looking for Link to fill the gapLink had a great 12H close while the rest of the market dumped. Been in a weekly consolidation for a very long time on support. Looking for a break up to at least fill the gap to 11.50 if not much more. When we see weakness in the market, buy the strength. Let's GO
LINKUSD - Wave 2 in progressI'm unsure about the Elliot Wave count on this WXY correction, but it looks plausible at the moment. The J Powell speech created quite a strong reaction, but I think it's unlikely that it's the start of a large impulsive move up. Instead, it looks like the B wave in a zig zag... I think.
Stressful trading this atm, because a larger wave 5 on BTC and ETH do not look complete, but I'm short for now.
Link Idea LINK Idea | LINKUSDT
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
LINK: short break?During the previous week, LINK entered into relaxed mode, making incremental moves between levels of $6.7 up to $7.4. For the second week in a row, a $7.4 level was an unbreakable line for LINK. This comes as daily trading volumes are significantly decreased, so there has not been enough market strength to push the price higher. But this is not a problem for LINK, as recent price developments points to high investor’s confidence in this coin.
RSI is still moving above level of 50, indicating that the market is still more oriented toward the overbought side, and is still not eyeing the oversold one. On the other hand, the moving average of 50 days continues to modestly diverge from its MA200 counterpart, decreasing the probability of potential cross in the near future.
As per current chart, there is possibility for LINK to revert a bit to the downside, after not being able to push the price above $7.4 level for the second week in a row. There is some probability that the price might revert back to $6.7 short-stop, eventually $6.5 support line, before it reverts back to $7.0 resistance, and probably $7.4 for one more time.
Linked'In for some gains?Link has been known to go its own way during the last bear market so we may see some similiar price action from the 'chain with the link' moving deeper into this brutal bear market in 2023. LINKUSD has been moving around a sideways channel for a few weeks, with the next few days showing if we bounce or break through to the downside. If we do break lower we have 2020 resistance level at $4.88 which may provide some support. Also a downward trend line which may also see a bounce to the upside. All we can do now is wait to see what the intraday fiends intend to do. Not financial advise, so its not
LINKUSD H16: 40% gains THE best Level to BUY/HOLD (SL/TP)(SWING)Why get subbed to me on Tradingview?
-TOP author on TradingView
-2500+ ideas published
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-before/after analysis
-24/7 uptime so constant updates
🎁Please hit the like button and
🎁Leave a comment to support our team!
LINKUSD H16: 40% gains THE best Level to BUY/HOLD (SL/TP)(SWING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: LINKUSD 4hour/candle chart review
::: chart still looks good /strong
::: setup still valid as of right now
::: strong V-shape recovery
::: expecting one final pullback though
::: get ready to BUY LOW later
::: we just hit overhead resistance
::: best reload bulls near 6.60 USD later
::: expecting 40%+ bull run
::: re-test of sliding S/R line
::: near 9.40 USD also 1.62 extension
::: BULLS accumulate / WAIT FOR PULLBACK / BUY DIPS
::: expecting short-term pullback
::: BULLS get ready to BUY after pullback
::: TP bulls is +40% gains later
::: 9.40 USD is revised/conservative TP BULLS
::: expecting decent gains soon
::: 5-10% pullback short-term
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS +40% gains / 9.40 USD
::: BEST reload BULLS near 6.60 USD
::: TP BULLS is 9.40 USD final exit
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS 9.40 USD
::: Sentiment short-term: BEARS/PULLBACK/6.60USD
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
TARGET AQUIRED. 4 touch and we break UPPay attention to LINK. 4th retest of resistance coming up for LINK. One more touch and we more than likely break to the upside. It's rare to get a 4th resistance test and NOT break to the upside!
Happy Trading!
LINKUSD Potential for Bullish Continuation | 31st January 2023Looking at the H4 chart, my overall bias for LINKUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market.
Looking for an immediate buy entry at 6.912, with price within an ascending channel and recently reflecting off the bottom of it. Stop loss will be at 6.270, where the recent low is. Take profit will be at 7.808, where the previous swing high was.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
LINKUSD Potential For Bullish Rise to previous swing highLooking at the H4 chart, my overall bias for LINKUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market.
Looking for an immediate buy entry at 6.912, with price within an ascending channel and recently reflecting off the bottom of it. Stop loss will be at 6.270, where the recent low is. Take profit will be at 7.808, where the previous swing high was.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
LINKUSD Potential for Bullish Continuation | 31st January 2023Looking at the H4 chart, my overall bias for LINKUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market.
Looking for an immediate buy entry at 6.912, with price within an ascending channel and recently reflecting off the bottom of it. Stop loss will be at 6.270, where the recent low is. Take profit will be at 7.808, where the previous swing high was.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Long range look at LINK Each expansion and consolidation period will likely be getting shorter. Looks like it may almost hit $100 before dying a horrible death in 2022
Same fractal just bigger, better and sexier then beforeJust another long range outlook for cryptos most valuable project. Eventually people will kick themselves for not enlisting as a link marine early in life.
Total Value Enable by Link now over 7 trillion USD oh my... what a shit coin
Link if it breaks the chainRed line is the trend....
It tested it a lot
if BTC pulls back then its pretty obvious what is going to happen.
I'm keeping tabs on this line to figure out what to do next.
LINK: still space to peak?It was another relatively positive week for LINK. Although the price did not move much to the higher grounds, charts are pointing that investors' eyes are on this coin, which is a good prospect for the future period. At the beginning of the week the price went a bit to the down side, and level of the short term support line at $6.5 but soon reverted back to $7.0 resistance, reaching $7.4 as the highest weekly level.
With the latest move to the upside, the coin did not manage to reach its peak from the beginning of December last year, which was $7.8. It indicates that there is still space until this level is reached. However, the actual target should be $8.0 next resistance line, but it will depend on the market strength in the coming period. RSI is moving between 54 and 64, which is showing that the market is still weighing whether to start looking at the oversold side, or it is still early for such a move. Moving averages of 50 days diverge further from the MA200 counterpart, which is further decreasing the probability of potential cross.
The FOMC meeting is coming in a week ahead, where some higher volatility across the markets might be expected. In this sense, there is equal probability for LINK to either move to the higher grounds and try to test the $8.0 resistance line, or the coin will revert modestly to the down side, at least to the level of short term support line at $6.5 to test it for one more time.
✴️ Chainlink Again... 115%I already shared Chainlink for you twice, with a full trade with leverage and all that... But it looks great so why not again?
The last three sessions or daily candles form the well known and recognized "Three White Soldiers" candlestick pattern.
This is a strongly bullish pattern and precedes higher prices.
The super high volume yesterday and break above MA200 only works to support this pattern.
The RSI and any other signal you find can also work as confirmation.
There will be resistance on the way up...
But you can get expect 60% easy first followed by 115% within a few weeks or 1-2 months.
Namaste.
P.S. This is only short- to mid-term, long-term it will grow many, many, many times more.
So later don't come saying that I got it wrong because the targets were to low, this is just for the public trade ideas, we keep it conservative so we are not assassinated by haters, trolls and the "wait for the earnings/CPI" crowd.
Following LINKjust a quick update on the chain-link analysis. I will be following this one any group input is welcomed.
Did some shopping on this dip $LINK $FARM $ALICE $JASMYDid some #crypto shopping on this dip, had cash from recent sells, still have $
Buying things that haven't moved as much or are likely in process of moving bigger
Nibbled tracker position on $JASMY b4 but bought a building position here
Upped cost basis on $ALICE
#p2e #metaverse #NFT
$FARM & $LINK are more for trades
Although #FARM does move, may reconsider
LINK - Crab market and macro outlookIt’s been a while since we updated Chainlink and to be honest the past weeks haven’t been very interesting regarding the price action. As some of our subscribers know, besides Solana I count Chainlink to my most favorite altcoins. The whole project is on track, the fundamentals are strong for the upcoming bullrun and with the exception of some minor details the chart looks pretty good.
I slightly changed our count since the last update and as you can see on the chart, we still believe that Chainlink needs to push below 5.286$ one last time. This is really important because the price established a very complicated WXYXZ correction, and it would be very beneficial for Chainlink if it would finish the last bearish impulse (marked in red). It appears that the price is trading inside a channel and didn’t manage to break out of it since mid-November.
But hear me out, IF Chainlink SHOULD break out of this triangle and form a bullish reversal, we will update our count according to our bullish alternative. This however heavily depends on how bitcoin and Ethereum move in the next days, as I stated in these updates, I estimate that the majority of the market will start with a wave (ii) correction.
However, if everything should behave according to our primary count, we will certainly begin to accumulate further positions below 5.286$! Stay tuned and make sure to check the updates, a bullish reversal is very likely, and it wouldn’t surprise me if Chainlink spikes by 10%-15% in a day.
Additionally, I want to provide our Macrocount with everyone who is invested in this project for the next few years. Our price target ranges from 90$ - 110$, it depends on how the whole cryptomarket will perform and if the Chainlink Team manages to exceed investors expectations in the next years.
Some people may disagree with us, but we think that a price Target of 100$ is possible and NO JOKE!
Please notice that we are already invested in Chainlink since the 20th of June, back then we announced our first positions here on tradingview.
If you should have any questions whatsoever, you can write a comment or contact me directly!
Long Chainlink (LINKUSD)
AVERAGE EXECUTION PRICE: 6.17$
STOP-LOSS: NONE
LONGERM Target: +90$
