LINKUSD.P trade ideas
Link possible break outLink showing strength in last days gives the possibility of breaking out of the trend line and possible targets are depicted in the chart.
Lets see if its gonna play out
Always a student
LINK - WE HAVE TRADE HERE!Hello TV friends!,
I bring you the idea of a trade that I will do now on the link.
At this moment we observed that the link tried to break a high with little strength, which characterized a false breakout.
The entry, stop and target are depicted on the chart.
I will take partial profits in order to reduce my risk throughout the trade.
The market is very bearish.
And what do you think of this idea? Comment down below and give us a boost to support our work!
To the next!
Bitcoin's decline slows
Bitcoin is currently fluctuating between $15,000 and $18,000
There is a potential to rebound to $18,000 in the short term
This rebound will start a new round of bottoming market
Follow me and take you to achieve wealth freedom
Chainlink Trade (High Risk)This is a really high risk trade but I like these springboard patterns they have high hit rate for me.
Every time LINK has dropped under 5.8 it has been bought back up pretty quickly.
The 12hour time frame has caught these divergences pretty well and we just confirmed another one with the last candle.
So what do we have :
1. LINK extreme oversold zone RSI under 40
2. Bullish divergence on 12h
3.Springboard setup
4.Max Fear in the market
I take the trade
Stop loss last swing low 5.6
LINKUSDTmonster accumulation zone and its sitting towards the low of that zone
looks similar to other coins that have a cyclic different thing going on to btc and eth
aka coins that underperformed in the 2021bullmarket but performed well in the 2020 bearish times
just an alternate cyclic timing
anyways looks quite similar to LTC accumlative zone pre breakout
Link USD and really a bunch of other coinsLots look like this at the moment. 3rd time to a level, not pushing away with conviction. Expecting it to go down. Wait-watch-stalk.
Link ready to revisit local highschainlink has been in a falling wedge since the ftx event. It has all the needed price action complete to start testing the top of the wedge. we have broken out of the a nd of the wedge DYOR on wether or not the retest is complete
LINK $2.26 - $1.76 BUY ZONELINK is not looking too good with everything else... if you can buy this crap at $2.20-$1.80, that'd be a steal... but that's what i'm expecting
not trading advice
tg
LINKUSD H8: 30%+ CORRECTION WARNING TP 4.00(SL/TP)(NEW)Why get subbed to me on Tradingview?
-TOP author on TradingView
-2000+ 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 H8: 30%+ CORRECTION WARNING TP 4.00(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: LINKUSD 8hours/candle chart review
::: 30% CORRECTION WARNING
::: updated/revised outlook
::: distribution in range / weak chart
::: limited upside / expect dump from HIGHS
::: weakness will last for 4-8 weeks
::: LOG SCALE chart
::: not a great looking chart
::: RISING WEDGE BEARS taking over
::: FTX/ FTT bankruptcy will pull crypto down
::: CLEAN REJECTION AT recent highs
::: S/R was re-tested produced WEAK bounces
::: final BOUNCE possible now before DUMP
::: also noteworthy sequence of lower highs
::: recommended strat: MARKET SHORT IT
::: final TP BEARS is 4.00/4.20 usd
::: 40-45% correction possible next
::: 4-8 weeks in November/December 2022
::: right now no upside in this market
::: position traders should wait for
::: better entry prices later after
::: no upside in this market it's game over
::: recommended strategy: SHORT SELL AT MARKET
::: TP BEARS is +40% gains - near 4.00 USD
::: BULLS stay out until correction is over
::: SWING TRADE: SHORT/HOLD IT
::: correction run not over yet
::: good luck traders!
::: BUY and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/CORRECTION/40%
::: Sentiment short-term: DUMP/GAMEOVER
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.
LINK: $6.0 will hold ?Although LINK had a good prospectus just before FTX news hit the market, the higher optimism must be postponed for the moment. Markets need time to calm down and to regain confidence after the scandal, in which sense, LINK could not perform in a much better way from current moves.
As daily trading volumes significantly decreased, the price of LINK was moving between levels of $6.6 down to $6.0. The support line at $6.0 is holding strongly for LINK. Since May this year it was the lowest level for the coin. RSI made tiny moves between levels of 40 and 43. Moving averages of 50 and 200 days are moving so close to each other, but still as two parallel lines. The golden cross might come soon, but it will take some market reaction to the positive side of the market.
In a week ahead, fundamentals will hold the market attention, in which sense, some significant moves should not be expected. Of course, more negative news will have a negative impact on the price of LINK, where it would be pushed lower from the current support line. In case that this is not a scenario for a week ahead, then modest recovery should be expected, at least to the levels below the $7.0 resistance line.
Link bullish RSI divergenceA quick google search will tell you all you need to know if you do not know what I mean by RSI divergence.
Price level here is good entry IMO. However some more imbalance to low side from before last bull run.
The missing Link is in the wedge Look at that beautiful wedge. The ability to create massive wealth in crypto long term is shown in a very simple chart pattern. This pattern breaks out to the upside 53% of the time. Confirmation of the patter occurs when proce closes outside of one of the trend lines. We saw a retest. And now see some good reason to go long. Will you place your money on black or red. Or will you use smart money concepts to know where the smart money is…
Slam that like and follow for more like this. Message me for more details
#LINK possible trade setup if Link stays above $6.50#LINK #LINKUSDT
Trade setup
Long : If stays above $6.50 (after retest)
Initial Targets: $7.10, $8, $8.50
Link USDT - long signala historical movement from september 2021 is being repeated in real time.
lets see what will happen in the next couple of days.
Link will breaklink has been oscillating here for a long time
The overall trend is still down, so there is a high probability that it is a down relay pattern
When he fell below the bottom support
will fall fast
Follow me and take you to achieve financial freedom
Possible fake out, followed by a HUGE runLINKs chart looks immaculate! Icredible project with competence on board! CHAINLINK has processed over 2 quadrillion USD over just 12 months and with the SWIFT partnership in the making, CHAINLINK may become one of the most valuable crypto projects to exist.
We either bounce from here or from the accumulation zone below, either way it's a good time to start DCAin into your projects of choice. NFA.
Chainlink a bearish look? $10?I posted earlier about a Bullish scenario, here is a Bearish scenario.
For the record I am on sideline with this one but learning towards a price dump.
CHAINLINK (LINK)Do we have a double bottom on here? Or are we going to head lower. From the chart I think we still need more time to see if this is the bottom or we have another wave lower in 5.
LINK: recovery will be slowDuring the previous period, LINK was gaining back investors' confidence and was strongly moving to the upside, managing to reach a $9.0 long term resistance line. However, any sort of higher optimism now must be postponed for a week or two, as the general crypto market is in a state of shock after FTX collapsed. In line with general market sentiment, LINK reverted to the downside during the previous week, reaching minimum level at $6.0 support line. On one occasion the price reached $5.85, however, it was not a significant move for LINK. The price then reverted a bit to the $7.0 resistance line, but still, the coin is finishing the week with more selling orders, around level of $6.2.
During the week RSI reached level of 37. It is still above the oversold market line, leaving some space for the price to go lower, in order for a clear oversold side to be reached. Moving averages of 50 and 200 days continue slowly to converge toward each other, indicating high potential for a golden cross to occur in the near future.
Markets will need a week or two to digest current negative developments. In this sense, it is possible for the price of all coins on the market to move with higher volatility. For LINK there is probability for the $6.0 support line to be tested in the coming days. There is also an equal probability for the $7.0 resistance line to be tested also.
LINKUSD looking weak with Bearish Engulfing setupLINK looks to have failed a 3rd attempt to breakout, locking in a very large bearish engulfing pattern on the weekly. If this pattern follows through I'll be looking in the $2.70-3 range as a major support.
