LINKUSD trade ideas
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!
Link Trade (long)Straight forward long position here price coming down forming springboard into RSI coiling up , divergence .
LINK We're close to the support, however, if we go into recession, LINK could go below $1 with the rest of stocks/crypto and other asset classes. Hard to believe but this looks symmetrical and will flush out bag holders before it continues up into 2025.
link gannlink gann! consolidating with the gann angles. no price predictions. publishing for record.
Chainlink Chailink Linkusd on the weekly is a continuation of a falling wedge. #link #chainlink BIST:LINK #linkusd
Break Free: ChainlinkWe have a bullish TK Cross and a recently achieved Tenkan Re-test. Bullish
Price above the cloud and we might have a shot at leaving this cursed range to reach 11-14 USD, according to fib levels.
IDEA to be updated.
LINK: Is Chainlink Ready for Another Pump?Technically, this is a bullish setup for COINBASE:LINKUSD as there is a bounce of the EMA and Trendling, and this is an area of interest to traders.
I had a look at fundamentals that could invalidate this analysis, but I couldn't find anything, so the bullish bias is intact.
So we have our Stop Loss on $7.2 and we will take profit at $8.5
Once the price gets to $8.1, we move Stop Loss to entry
This is my analysis of LINK
If you like this analysis, kindly follow me now and support my idea
Also, let me know what you think about this analysis through the comment box.
Cheers!
LINKUSD at weekly support...Looking for LINKUSD to hold the weekly and flip the levels we lost. Then we could have a breakout since longs were taken out. Enter after the flip because it hasn't done anything bullish yet and the markets are still in a tailspin.
Is Chainlink In A Ascending Triangle?Please feel free to leave your opinion. It is my first ever TA.
CHAIN LINK BIG MOVEAs you can see their is a broadening ascending wedge forming beautifully on LINK.
I believe price will shoot up around 10.0 to 12.0 in the near future with a few small pull backs along the way.
I hope you find this helpful.
THANK YOU FOR READING !
LINKUSDTHello Traders,
The current condition of the LINKUSDT pair at its 4-hour support
you can long position.
but has not bounced back or retested the area.
there is potential to make a falling wedge but a lot of noise for this pair
Please add a comment and Positive feedback and
constructive criticism are important to authors and the
community.
Short ideaLink should keep going in this Descending channel, will keep dropping in this channel and in a few days if It failed to get a new lower bottom, we can open a LONG position
LINKUSDTHello Traders,
The current condition of the links pair at its 4-hour support
you can long position.
but has not bounced back or retested the area.
there is potential to make a falling wedge but a lot of noise for this pair
Please add a comment and Positive feedback and
constructive criticism are important to authors and the
community.
CHAINLINK/LINKWaiting below atleast at 5$ per coin.
This idea base on liquidity, dont be a liquidity.
Trade it or hold it. THis is not a financial advice. Follow for more daily ideas and contents
$LINK; LONG SETUP- PENDINGHello friends,
This is a free of charge BIST:LINK setup for everyone to share and enjoy. However, this is PENDING and AWAITING for more confirmation. I will update all when the trade is a go and or no go.
Arguments- A beautiful bullish pat pattern has flew from the caves and printed a local double bottom right around the .786 fib which is the GOLD standard when looking for areas of potential reversal.
Now, we are above a infliction point, HOWEVER it is still awaiting that confirmation hence why the trade is still PENDING, as of now.
We see on the oscillator's that regular class a bullish divergence has also developed and is in the process of follow through i.e price action. My stop loss shouldn't be your standard, as everyone has different strategies, however this is something that I would do.
This is not trading advise and this trade is not active. This is me sizing up an asset and waiting for the alert to hit send ;)
GLHF
