Potential Bullish Reversal Setup in LINK/USDTThe LINK/USDT pair recently experienced a false breakdown below the March low, followed by a strong recovery. This move appeared to be a liquidity grab beneath the psychological support level at 10.00, after which the market quickly reversed direction.
In addition, the price action broke and closed
LINK Potential Falling Channel Reversal + RSI SignalsBINANCE:LINKUSDT has been in a downtrend since December, grinding inside a falling channel for 2 months, and it's now sitting right above the key ~$10.00 demand zone.
Price Action
• Price is respecting both bounds of a well-defined falling channel.
• Currently consolidating just above the demand
LINK’s Swing Setup Could Push Past $15LINK bounced right off the $10 mark, charging upward toward the monthly open before slamming into resistance around $13.25. But now what?
Let’s break it down — because the next high-probability setup is taking shape, and it’s one you don’t want to miss.
The Current Situation:
LINK is:
Below
Chainlink (LINK): Chainlink Approaching 200EMA LineChainlink is approaching the major EMA, which historically has been a point of turnover. We are going to wait for a clear touch to that zone, after which we are going to look for a fakeout to form and MSB, which would give us a proper entry for a short trade here.
Swallow Academy
Lingrid | LINKUSDT potential BULLISH Reversal at the SUPPORTBINANCE:LINKUSDT market made a fake break of the March low then bounced off strongly. The market took liquidity below the psychological level at 10.00 before recovering. Furthermore, the market broke and closed above the downward trendline that represented correction. The market also tested the dem
Chainlink: Your Altcoin ChoiceI was about to call it quits for today but several people requested an analysis for LINK, so here it is.
Oh, by the way, I like Chainlink also and tend to publish many updates. Just lately I was out but now I am back healthy and with full force.
There are two main dynamics playing out on this char
LINKUSDT UPDATELINKUSDT is a cryptocurrency trading at $12.96, with a target price of $26.00. This represents a potential gain of over 100%. The technical pattern observed is a Bullish Falling Wedge, indicating a possible trend reversal. This pattern suggests that the downward trend may be coming to an end. A brea
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related pairs
Frequently Asked Questions
The current price of ChainLink / TetherUS (LINK) is 12.63 USDT — it has risen 0.48% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing LINK price chart.
ChainLink / TetherUS price has risen by 4.39% over the last week, its month performance shows a −9.48% decrease, and as for the last year, ChainLink / TetherUS has decreased by −3.82%. See more dynamics on LINK price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
ChainLink / TetherUS (LINK) reached its highest price on May 10, 2021 — it amounted to 53.00 USDT. Find more insights on the LINK price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
ChainLink / TetherUS (LINK) reached the lowest price of 0.35 USDT on Jan 28, 2019. View more ChainLink / TetherUS dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The safest choice when buying LINK is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade LINK right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for ChainLink / TetherUS (LINK): today its technical analysis shows the neutral signal, and according to the 1 week rating LINK shows the sell signal. And you'd better dig deeper and study 1 month rating too — it's sell. Find inspiration in ChainLink / TetherUS trading ideas and keep track of what's moving crypto markets with our crypto news feed.
ChainLink / TetherUS (LINK) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, ChainLink / TetherUS is estimated as 2.58% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about ChainLink / TetherUS, you can find more inspiration in our curated watchlists.
You can discuss ChainLink / TetherUS (LINK) with other users in our public chats, Minds or in the comments to Ideas.