Run it upSwitching btwn the daily, 4hr, and hell, even weekly and 2hr - all indications say LINK might take a small dip here, but it's probably not too late to catch the next wave up, even if you ain't got nun yet. So run that bagel up fam
LINKUSD.P trade ideas
Compared view looks bullish for Algorand Money flow change Looks like support is breaking and moving to ALGO. Looks like
a strong recovery merge sometime close to the bitcoin halving.
Money flow is restructuring and asset managers are rethinking their
postitions. Support was strong for the year for link and solana but looks like
diversification take profit is coming with a pullback for many overbought cryptos.
Just because bitcoin is bullish doesn't mean altcoins are unless they are seriously
oversold with a strong community like Algorand. Algorand has the highest potential for the
bull market and has 30 million wallet addresses under the project currently. That makes algorand #3 in the crypto industry for holders. This posting is about disclosure and not financial
advice but it looks like money flow is changing to other crypto assets that are oversold drastically with strong support. Algo is a top asset in my opinion moving forward.
Full Breakdown of LINK | Breakout? | 1H, 1D, 1W Charts | NewsLINK Integrations, SHIB vs LINK
LINK, the Chainlink coin, has been the topic of the hour with many still under the radar wondering what the hell it is, and why is it up 16% this week while other alt coins are far behind? To put it short, Chainlink's CCIP (Cross-Chain Interoperability Protocol) has everything to do with it, and with Chainlink reaching a new milestone announcing 10 new integrations with blockchain networks including names like Avalanche and Ethereum, it's bout time you hop on the new evolution of Web3.
LINK is also on it's way up the ranks, with SHIB being one of the biggest meme coins now sits bellow LINK. Bringing LINK to 18th place.
1D Chart
- Wyckoff Distribution: Here to show the phases that which we reside, as you can see we are well past Wyckoff Distribution and are now at a level of support (4.7)
- FIB: We have been sitting here for over a year in consolidation. There has been a consistent pattern where we hit the 0.236 retracement then pullback for a couple months, as you can see we are reaching the level once again for a fifth time.
- Parallel Channel: Shows a steady decline
- Volume: Low trading volume meaning possible breakouts
- RSI: Relative Strength must stay above 40.00
- SMA: What help is this anyways lol
- Elliot Waves: Thought I should include the Elliot waves (ABC) because it was a pattern I was seeing since the last hit of the 0.236.
1H Chart
After crashes both in spring and summer, it was followed by a bullish rally. Both lasted 52 days before there was an uptrend.
- FIB: Summer rally hitting retracement levels, keep eyes out for any rejections
- Indicators: Northing much matters, just keeping an eye on 200 SMA to see if it still plays as a level of support (Summer)
1W Chart
- Stock RSI: Uptrend, getting ready to hit parallel channel and 0.236
- RSI: Probably the biggest thing to point out in this entire analysis is the Bullish Divergence
Bonus Chart
- Please tell me your thoughts in the comments of my analysis where you think the price is going, as it would help me out to make more of these! Thanks!
Is LINK Ready For A Year-Long Breakout?LINK price action hints at a weekly channel breakout.
Channel formation has been active since last August.
Potential breakout rally could lead to a $12.75 price.
LINK price has increased by 22% in recent weeks.
Uptrend challenges the 50-week EMA.
LINK trades at $7.49 with a 7.43% growth in the last 24 hours.
Overall market sentiment is extremely bullish.
Daily chart shows a rounding bottom pattern.
Golden crossover chances are increasing.
RSI approaches the overbought boundary.
MACD and signal lines are in a positive trajectory.
A rejection at the trendline could lead to a downtrend to $5.66.
LINK close to resistanceLINK is approaching resistance region on 1d timeframe the pennant consolidations still in play and short is valid until after breakout
DYOR
Time to leave the accumulation channelLINK is one of the few old timer alts that have really managed to stay extremely relevant and will probably only become more relevant in the future.
CHAINLINK - Add This To Your Watchlist!Here we have the 2weekly chart of Chainlink. We can see that on a higher timeframe, we are still bullish. We have not yet completed the 5 waves. We are currently on the 4th wave which appears to be a WXY correction (breakdown: 3 waves for W, 3 waves for X and 3 waves for Y)
We have almost completed wave X and anticipating wave Y soon.
Once we make that final move down, we can look for buying opportunities. Expecting the bearish correction to finish above the blue structure.
There is a potential for a 2000% trade coming up. Definitely one not to be missed!
Goodluck and as always, trade safe!
Chainlink is the best oracle in the business I'm extremely bullish on BIST:LINK going into next cycle. It's been around 500 days worth of accumulation at these lows but once we break $10, we are off to the races. The longer the base the higher in space. This is one of the best charts out there, and is a top 5 altcoin fundamentally. Base target $110, bull target is $130-$150. #CCIP #Oracle #Marine
LINKUSD: On the rise in the middle of this Channel.LINKUSD is trading inside the 0.5 - 0.618 Fibonacci range of the 18 month Channel Down pattern. The 1D technical outlook is slighly bullish (RSI = 58.592, MACD = 0.070, ADX = 30.217), which means that even though we are not at the start of this uptrend, there is still upside left.
The current rise was achieved after a Low on the 0.786 Fibonacci level. Inside this Channel, every time LINK held and rebounded on the 0.786 Fibonacci leve, it reached at least the 0.236 Fibonacci level. This indicates a sizeable upside profit to be made still. We are long, targeting the 0.236 Fibonacci level (TP = 8.12500).
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ChainLink Analysis For long-termHello Traders, here is the full analysis for Chainlink
let me know in the comment section below if you have any questions. I suggest you keep this analysis on your watch list and see what will happen and will my analysis will happen!!!
Today I want to talk about LINKUSD in a daily time frame
Before that, I want to remember It's not financial advice.
I'm just sharing my view and opinion of the chart. Please see and think about that. The situation is so complicated.
I will tell you the best zone to buy and hold Chainlink for the long term to get a huge profit.so, please be patient.
As you see in the chart, I want to explain everything by the Fibonacci Channel. Because it's so simple and easy to show you.
I draw 3 Green Zone to show you all the support zones. I believe that the first green zone will be broken. Sooner or later but it's sure.
So let's focus on the second one. I think it could be a strong zone to support the price but I think the market maker do anything to lose that to the third support zone.
I'm sure the 3rd green zone is the best place to buy and hold link for long term. it's really my favorite place. I will put my orders in this zone. because I believe that the future of Chainlink is bright.
If you have any questions, please don't hesitate to contact me.
Wish you the best
Sincerely Yours
Ho3ein.mnD
LINK vs USDhi!
This is my idea for Link.
In my opinion one of the safest altcoin bets on the market.
A high market cap coin, very undervalued, with lots of potential to the upside.
happy trading
LINKUSD This forgotten crypto is giving a buy signal.Chainlink (LINKUSD) hit today the 1D MA50 (blue trend-line) for the first time in more than a month after a Double Bottom just above the 1.5 year Support Zone. This rebound has been accomplished after the 1D MACD formed a Bullish Cross within the Buy Zone and rebounded.
Every time such a MACD rebound took place, the price has always hit $8.00. That is our buy target now and should be contained under the Lower Highs trend-line since the November 08 2022 High.
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LINK SHORT SIGNAL H4 Hello friends,
In the Link cryptocurrency, we have drawn a resistance level represented by the red line, which has been penetrated by a spike candle. This allows us to consider a short position on this currency.
I have identified two patterns for the continuation of Link's movement. The first one involves a pullback to higher areas, where liquidity exists. The second one occurs without a pullback, indicating a high selling pressure scenario.
I suggest paying attention to the specified ranges based on your trading setup.
My personal recommendation is to be patient until the trendline is touched.
I would be happy to hear your opinions.
Wishing you happiness, health, and success.
Chainlink 50 % drop may come sooner than you thinkLink like many other altcoins remains bearish.
For a time being the price seems to be getting rejected from the upsloping resistance line.
We still expect 50 % drop.
$3,50 - $3 can be a good area to accumulate link for the next bull market. It would be approx. 94 % drop from the all time high which sounds reasonable if we look at the altcoins % decrease in the previous bear market.
Buying at $1,50 would be a gift, but it´s not sure if the market is gonna be not so generous. Chainlink is one of the projects that we believe in as its fundamentals are strong.
Link analysis: short/long term planChainlink is back in its trading range following a sharp short squeeze that caught many retail traders off guard. Often, these traders start shorting too late, especially when they expect further declines due to Bitcoin's price swings.
I anticipate the price will likely move sideways for a while, all the while increasing open interest—playing directly into the hands of greedy exchanges and market makers.
If you're actively accumulating LINK but are concerned about potential price drops of 20% to 50% and your prone to capitulating often, consider opening a low-leverage short to hedge your position. This could also allow you to benefit from any available funding. If the price continues to decline, you can close your short position and dollar-cost average your way back in, using the profits to enhance your position.
Chainlink - A Link to the PastAn updated chart for Chainlink
I did not think we would be in this box for this long.
As noted on the chart, I am waiting for a breakout of the box.
You could enter a long term trade and put your stop loss under the box.
Ill be waiting though
PUKA
Will A Channel Breakout Boost LINK Price By 15%?LINK price shows a falling channel breakout on the 4-hour chart.
A potential golden crossover due to the rounding reversal in the 50 EMA.
The breakout faces supply challenges at $6.25.
LINK price has been in decline for the past two months, with a 30% drop to $5.85.
A 6% jump led to the breakout, challenging the resistance at $6.25.
A missed alignment with Swift's experiment with Chainlink's CCIP.
Chainlink's recent achievement increases chances of its global adoption.
LINK's current price is $6.14.
Positive RSI and MACD indicators.
Potential to surpass the $6.85 mark; possibility of reaching $7.
Downside risk: Rejection at $6.85 may lead to a $5.66 downtrend upon $5.85 breakdown.
LINKUSD I can see a downtrend followed by a bearish flag. which indicates a continuation of the downtrend. we can buy instantly and take out projections using the FIB tool and enter market with 1% risk on each trade.
Chainlink still chillinNote the year and a half-long channel. Honestly, it could go down to supports, or we could break resistance. We'll see!
