Exploring a Potential Chainlink Recovery Amid Market VolatilityIn these uncertain times, we recognize that market conditions may continue to be bearish. However, I’d like to share an idea that explores a potential trend in the event that Chainlink begins to recover and follows a bullish trajectory, supported by its strong and growing fundamentals.
While there's considerable volatility across the markets, making technical predictions challenging, from a fundamental perspective, we can cautiously affirm that the Chainlink team has been executing well. It may simply be a matter of time before the market reflects this progress through a meaningful recovery in price.
With this in mind, the following is a conservative projection for the next four years, factoring in ongoing market volatility while also highlighting the potential for a strong ROI as the crypto space evolves.
LINKUSD trade ideas
LINK: Last Chance for Chainlink Dominance. LINK Dominance to 1%There are currently 37 million alt coins that exist today. Most alt coins continue to bleed and get smashed against Bitcoin as Bitcoin Dominance continues to surge. Even solid cryptocurrency projects like Ethereum and Polygon are continuously making new bear market lows on their bitcoin pairs. Two alt coins that have withstood Bitcoin's onslaught are XRP and Chainlink. Both XRP Dominance and Chainlink Dominance are still above the 2022 Bear Market Low. The chart below shows Chainlink Dominance at currently 0.32%. Chainlink Dominance is barely holding onto a thread bouncing off a trendline that has historically served as support/resistance. Everytime Chainlink Dominance has tagged the trendline, it has had a rally. This is the last chance in my opinion for Chainlink to expand its dominance in the crypto space. As communicated previously, I believe Chainlink has bottomed or is close to bottoming and getting ready to surge to $100+. If that happens we should see Chainlink Dominance hit the blue fibbonaci retracement resistance area at 0.84% - 1.19%.
Some analysts are saying before the bull market is over, we will see over 100 million alt coins being minted. Obviously, Bitcoin will hold the lion share in dominance over the cryptocurrency market, but there will be opportunities in a few alt coins like Chainlink and XRP in my opinion to gain dominance in the cryptocurrency market. Targeting Chainlink to gain at least 1% of the cryptocurrency market.
#CHAINLINK FAKEOUT? LINK is currently trying to break out of the downtrend on 1h chart. As we are in a big downtrend at the moment, link could potentially pullback to the 13.00 area and continue its bearish movement.
If we end up breaking the 13.00 resistance, link will head higher to the next resistance which sits at the 14.35 level.
I will watch link closely at the 13.00 level, once I get a confirmation of rejection from this level, I will be taking a short position there.
CHAINLINK: Continuation of Downtrend Toward Key Support LevelsChainlink (LINK/USD) remains in a strong downtrend after failing to break above key resistance at $14.45.
Selling pressure continues to dominate, increasing the likelihood of a drop toward $11.582, a major support key-level. Read on for a full technical breakdown.
Chainlink (LINK) continues to struggle under heavy bearish pressure, failing to reclaim the $14.45 resistance level. The rejection at this key level confirms the weakness in buying momentum, reinforcing the broader bearish structure. As of today , Chainlink is trading at $14.18, maintaining a bearish trajectory as sellers push prices lower.
The immediate focus is on $11.582, the next key local support, which represents an important short-term profit target. A decisive break below this level will likely accelerate downside moves all the way toward $6.35, marking the previouse major low point from August 2024.
Chainlink’s Vision & Market Position
Despite the current bearish momentum, Chainlink remains one of the most influential blockchain projects, providing decentralized oracles that enhance smart contract functionality. Its role in enabling secure, real-world data feeds for blockchain applications remains a fundamental strength. However, short-term market sentiment continues to weigh heavily against LINK, increasing the probability of an extended corrective move before any potential recovery.
Bearish Catalysts & Technical Breakdown
Failure to Break Key Resistance: The rejection at $14.45 highlights weak buying momentum and reinforces the downside bias.
Sustained Bearish Momentum: The price structure remains firmly bearish, with lower highs and lower lows signaling continued selling pressure.
Break Below Local Support Imminent: If LINK fails to hold above $14.45, a rapid move toward $11.582 becomes highly probable.
Extended Bearish Cycle in Play: Broader market sentiment suggests that Chainlink could remain under pressure unless buyers reclaim control above $14.45.
Key Price Levels to Watch
Major Resistance: $14.45
Current Price: $14.18
Local Support & Profit Target: $11.582
Major Bearish Target: $11.582
Stop-Loss Consideration: Above $16.037
Conclusion
Chainlink’s failure to reclaim $14.45 signals a continuation of the current bearish trend, with $11.582 and even $6.35 as the next downside targets. Unless LINK can stage a significant recovery and break key resistance, sellers remain in control. Traders should monitor price action closely, particularly around $14.45, as a breakdown below this level will likely confirm further downside movement.
Chainlink LongAfter a few months of waiting on the sidelines we are back with a chainlink long after a deep retrace.
Link is showing bullish divergence on the lower timeframes after double bottoming at this crucial support and completing an 886 retracement of an informal Gartley. The support level can be seen across time below.
The only question would be to either wait until the end of the day for this support candle to print or to go in now before confirmation. We will go in with 50% of our ideal position size now and then allocate at the end of the day or tomorrow.
LINK: CHAINLINK to $100 Primary EW Count Primary EW Count: Chainlink is trading in an overshooting B wave in a potential flat pattern. A common fibbonaci ratio for the top of an overshooting B wave in a flat pattern is the 1.236 - 1.382 fib which spans between $92.82 - $131.31.
Not all flat patterns have an overshooting B wave, hence the Bear Case of $60 (1.618 fib) outlined in the previous Wyckoff Accumulation Schematic post.
Probably not the most favorable bullish outcome as Chainlink fundamentals continuously improve with the rise of DeFi. This idea entails that once Chainlink tops out this market cycle, Chainlink can trade back to single digits in the next bear market. In other words, Chainlink could trade sideways for the rest of the decade.
Stay strong Link Marines.
S.N. = S.N.
LINK: Wyckoff Accumulation Schematic #1 Chainlink is trading in Phase E of Wyckoff Accumulation Schematic #1. The Golden Window (0.618-0.786) has caught both LPS (Last Point of Supply) for Chainlink. Here are the price targets when Chainlink breaks out of the accumulation schematic:
Bear Case: $59.09 (1.618 fib)
Base Case: $92.82 - $131.31 (1.236 -1.382 fib)
Bull Case: $230.02 - $342.85 (1.618 - 1.786 fib)
Short Term: The price of Chainlink may trade and weave up/down the white Wyckoff demand trendline (Drawn from connecting SPRING and TEST)
Stay strong Link Marines.
S.N. = S.N.
Levels in LINK: Breakdown or Breakout?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
### **Technical Overview**
- **Current Price**: $14.35 (approx.)
- **Trend Structure**: Elliott Wave count suggests Wave 3 has wrapped up. Wave 4 and 5 are likely next.
---
### **Key Observations**
- **Impulse Invalidation Level**: $19.190
→ A break above this invalidates the current bearish impulse.
- **Bullish Barriers**:
- *Minor Resistance*: $15.002
- *Major Resistance*: $17.677
These are the key spots bulls need to reclaim to regain control.
- **Crucial Support**: $12.426
→ If this breaks, expect more downside—likely toward the final Wave 5 zone.
- **Bearish Target**: $9.283
→ Probable landing spot for Wave 5 (of C). Could shape up as a longer-term accumulation zone.
---
### **Elliott Wave Context**
- A possible running or expanded flat scenario is in play, with Wave (B) topping around the 1.382 extension.
- Wave 3 appears to have completed near the 1.618 extension, a textbook zone for this kind of move.
---
### **Potential Scenarios**
1. **Bullish Reversal Case**:
- Price reclaims $15.00 and ideally $17.677.
- The bearish count falls apart.
2. **Bearish Continuation Case**:
- Price stalls under resistance.
- A break of $12.426 sets the stage for continuation down to $9.283.
3. **Neutral Scenario**:
- Choppy consolidation between $12.5–$15 while the market sorts itself out.
---
### **Strategic Considerations**
- **Short-term Bulls**: Watch $15–$17.6. Any strong reclaim could offer clean long setups.
- **Bears & Shorts**: Prime fade zone if price gets rejected near resistance.
- **Long-term Investors**: If we hit $9.283, that’s a potential loading zone for the next cycle.
Trade safe, trade smart, trade clarity.
My current LINK charts with estimated April 'flash crash' levelsHere is my current LINK chart, which I recently went over in detail. It assumes that the bottom isn't in on the 4th wave. If the bottom is in and price is moving into the 5th wave, you can simply adjust the 4th wave bottom to the previous low accordingly.
It also includes the likely level that would be hit during the April "flash crash" around the pattern’s 3rd support level line and FVG (fair value gap), as well as the likely areas above that it will need to break through in order to reach new all-time high territory—assuming that's even possible in this cycle.
Keep in mind that the "flash crash in April" is a theory of mine and may or may not come to fruition, or could be off in timing. And while these levels may be likely, they may not actually be the levels that get hit, even if the thesis itself is correct.
Good luck, and always use a stop loss!
LINK/USDT Chainlink is a decentralized oracle network. It was created in 2017 to address the issue of smart contracts having to rely on external data sources to execute their terms, for example, on APIs. The project aims to incentivize a network of computers to provide reliable data that smart contracts need to run effectively on blockchains. LINK tokens are the digital asset token used to pay for services on the network.
LINKUSD Channel Up bottomed. Get ready for $44.LINK is trading inside a 2 year Channel Up.
The price is under the 1week MA50, which is about to form a Bearish Cross which the 1day MA50. Last time that happened, the bottom came 10 days later.
If the waves are symmetric inside this Channel Up, then we're already at or very close to the bottom, given also that the 1day RSI got oversold and this has been an instant buy signal previously.
Buy and target $44.00 (1.382 Fib extension and +300% rise).
Follow us, like the idea and leave a comment below!!
CHAINLINK 200 DOLLARS BY SEPTEMBER 2025 Only up for Chainlink from this moment , do not let them shake you out , my time fib will show the way as always , for Link its showing August which is when the fractal finishes , late August .
Chainlink so far is repeating the same fractal as last cycle , its very close been using it for over one year to time the market with amazing results the fractal cycle top pattern comes in in August 2025.
The sell zone is in the yellow box , invalidation of this idea would be LINK closing a weekly under 20 dollars.
Even Further Correction???COINBASE:LINKUSD
As much as I would love to say " I believe that this correctional phase is over " ; I'm still seeing clues that could indicate otherwise.
I've noticed quite a few assets that are in between high "reversal" potential fib zones.
Chainlink being an example; It is between the 1:0.618 and 1:1 window. Price has already fallen through the 1:0.618 pocket as well as a HVN (High Volume Node); potentially marking that support structure as INVALID.
The next significant Fib level is the 1:1 (when considering 3 wave corrections) and along side of that structure is another HVN signifying strong support/resistance.
It's not impossible that price could reverse close to its current position, but unlikely.
A wave up from here could be a probable outcome, but a lower local low may be on the table sometime in the very near future.
I could very well be wrong here but I've grown to be quite the speculator during these exotic times of the market cycle.
Good Luck Traders!
- Not Financial Advice -
LINKUSD: forming a bottom on the 1W MA100.Chainlink is neutral on its 1D technical outlook (RSI = 47.039, MACD = -1.130, ADX = 24.859) as it posted a double rebound on its 1W MA100. The long term pattern is a Channel Up and its prior HL bottom was formed just under the 1W MA100. With the 1W RSI rebounding though from oversold levels, LINK is already a great buy opportunity in terms of Risk-Reward, even if the bottom takes the whole month of March to be completed. We expect a new bullish wave to take place around the same +300% range as the previous two. The trade is long, TP = 45.00.
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$LINK offers a great entry - Aiming for new ATHsNot the cleanest chart, but BIST:LINK offers a solid demand area here. The monthly and weekly RSI are currently resetting and also retesting the POC (Price of Control).
I'm willing to bid some here and place the rest of my buys closer to $15 in case we see a bit more of a retrace.
Target is closer to the previous ATHs.
BINANCE:LINKUSDT