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LINK 3x Short / Tether

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LINKUSDT.3S trade ideas

Chainlink's Perfect Entry Point with RSI at 52 Chainlink (LINK) that could potentially skyrocket your trading profits. Brace yourselves, because this is a call-to-action you don't want to miss! Chainlink has recently presented us with a picture-perfect entry point, as the Relative Strength Index (RSI) stands at a tantalizing 52. This indicates a healthy balance between buying and selling pressure, suggesting a potential upward trend shortly. But that's not all! The Awesome Oscillators have remained steadfastly positive, further reinforcing the bullish sentiment surrounding Chainlink. Now, you might be wondering, "What does this mean for me as a trader?" Well, my friends, it means an incredible opportunity to go long on Chainlink and ride the wave of potential profits that lie ahead. With the RSI at 52, we have a favorable entry point that allows us to capitalize on the expected price surge. Combine this with the positive Awesome Oscillators, and we have a recipe for success! So, let's seize this moment and take advantage of Chainlink's promising position in the market. By going long on Chainlink, you can position yourself to potentially reap substantial gains as the price surges. Remember, timing is everything in the fast-paced world of trading, and this could be the perfect moment to strike while the iron is hot. To get started on this thrilling trading journey, I encourage you to take the following steps: 1. Conduct a thorough analysis: Dive deep into Chainlink's market trends, historical data, and any relevant news that could impact its future performance. This will help you make informed decisions and maximize your trading potential. 2. Set up a trading plan: Determine your entry and exit points, establish risk management strategies, and set realistic profit targets. A well-thought-out plan will guide you through the volatility and keep you focused on your trading goals. 3. Execute your trade: Once you have done your due diligence and devised a solid plan, it's time to put it into action. Open your trading platform, select Chainlink, and go long with confidence. Remember, trading involves risks, and it's crucial to exercise caution and trade responsibly. Always consider your own risk tolerance and financial situation before making any investment decisions. Now is the time to harness the potential of Chainlink's perfect entry point with RSI at 52 and Positive Awesome Oscillators. Don't let this golden opportunity slip through your fingers! Get ready to embark on an exciting trading adventure and potentially reap the rewards that await.
by bryandowningqln
LINK GOT STUCKHello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. Zoomed IN picture on LINK, As we can see price got stuck inside this rangy market, Meanwhile, price is sitting around our upper bound, where we will be looking for new bearish movements. Moreover, from a shorter-term price is still overall bullish, and for the bears to kick in we need a break below the marked major swing low, then a movement lower would be expected, till the lower bound of this range. Unless price managed to break above our upper bound of this range, then a movement higher would be expected. If you like this kind of analysis don't forget to like and follow and as usual follow your trading plan and manage your risk. Be patient and good luck!
Short
by Hadi_karaali
Link level held If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! #Link Update Held the 13.40 level, in at 13.57. 🧵 Been a while, but got some ups. Taking some off up here. Still in the sideways zone, even with a pop of the high, could just be a b/x wave. Careful if 16.60 pops! 15.39 is my new level of interest. #Altcoin #Elliotwave
Long
by CryptoKnee
ChainLink Long Term StrategyLINKUSDT 3D Hi folks, 🔸Let's take a technical look at LINK, which I have reviewed at the request of a precious friend. 🔸With the ongoing downtrend since May 2021, the product reaches its local bottom in May 2022 and begins the accumulation process. 🔸From May 2022 to October 2023, it lined up candles next to each other in the roughly 5-9 dollar region, as if dancing halay. 🔸After the accumulation process lasted for 17 months, LINK, which started to make investors smile again, got stuck at the first and strong resistance of 16.15. 🔸Our support level below is 12.16. 🔸In this technical analysis, in which I believe LINK will gain value in the new bull rally, I have conveyed to you the levels LINK can reach with Fibonacci. 🔸Especially with prices above 28.63, it will be mentioned a lot. 🔸Thank you for reading, I will make updates from time to time.
Long
by Bullfighterr
Link Signals Green: Buy Now, Thank Me Later!" **Short Fundamental Analysis** Chainlink (LINK) is a decentralized oracle network that connects smart contracts on blockchains to data and services from the real world. It is a native token of the Chainlink ecosystem and is used to pay for oracle services. LINK is an ERC-677 token, which means that it is built on the Ethereum blockchain and can be used to pay for gas fees. Chainlink is a key component of the decentralized finance (DeFi) ecosystem, as it enables smart contracts to access real-world data, such as weather data, price feeds, and random numbers. This is essential for many DeFi applications, such as decentralized exchanges, lending platforms, and insurance protocols. Chainlink has a strong team and a large and active community. It is also supported by a number of leading blockchain projects, such as Aave, Synthetix, and Uniswap. **Recent News** * Chainlink has been selected by the World Bank to develop a blockchain-based solution for trade finance. * Chainlink has partnered with Oracle Corporation to provide real-time data for DeFi applications. * Chainlink has been added to the Coinbase Cloud ecosystem. **Disclaimer** I am not a financial advisor and this information should not be taken as financial advice. Please do your own research before investing in LINK or any other cryptocurrency. Please note that the price of LINK can fluctuate wildly and you could lose money investing in it. I hope this information is helpful. Please let me know if you have any other questions.
Long
by MoonTradingForecast
LINK, another test at monthly resistanceIf you looked at the last time I posted this chart, link was rejected at the monthly resistance. The dashed green line is a historical area of price action and multiple weekly candle bodies forming a resistance. LINK is projecting above this region again, I would not get too excited until two plus daily candles are above, but it looks like the momentum is there. I am long. RSI and volume are strong, a range between 15-17$ would be very bullish for an extension but the token could rip right through both.
Long
by Apollo_21mil
Chainlink’s Market Cap Soars 143% As Whale Hordes $50 Mln LINKChainlink whales has added more than $50 million worth LINK in just 5 weeks results in a huge surge in LINK's market capitalization. Chainlink has shown a huge uptrend recently after the Staking v0.2 upgrade. Flashing light on recent developments, Swell Network has integrated Chainlink CCIP for faster transactions. As soon as the announcement was shared, whales started accumulating LINK and in response to that Chainlink (LINK) price gained 8% in just two days. Chainlink (LINK) Top Whales Added $50 Mln Onchain data analysis platform Santiment shows that over the past five weeks, the 200 largest wallets have strategically added a staggering $50 million worth of LINK to their holdings. Chainlink’s market capitalization has experienced an impressive overall growth of 143% in just five months. What’s even more noteworthy is its exceptional performance compared to Bitcoin, with a remarkable uptick of 93%. With this, Chainlink is now ahead of all other altcoins that have experienced whale accumulation. If we go in-depth, this massive market movement could be attributed to the recent shift from Staking v0.1 to v0.2. According to the announcement, the Staking v0.1 pool became inactive on November 28, 2023, and is no longer emitting rewards or securing Chainlink services. The LINK holders who participated in v0.1 have to migrate their tokens to staking v0.2 according to the staking program. The v0.2 community pool has been filled with 19,041,871 LINK tokens with a limit of 40,875,000 LINK. At the press time, Chainlink (LINK) price was trading at $15.66 with a 5.56% increase in the previous 24 hours and a 5.96% increase in the last 7 days. With a 24-hour trading volume of $613 million and a market cap of $8.7 billion, Chainlink has moved up. The latest increase has also resulted in a substantial rise in Chainlink’s Total Value Secured (TVS). The TVS was recorded as low as $13 billion last month. However, in early December, the TVS surpassed $16, and that too in Staking alone, leaving many Defi protocols behind. Since the beginning of the month, the Chainlink price has been on an upward trend, increasing by more than 8%. The consolidated close for November had aroused concerns, but subsequent whale activity has shown that the LINK price has a clear route in the next few days. If the whale activity persists and investors enter the market, LINK is poised to break the $20 Resistance within this year.
Long
by DEXWireNews
LINK/USDT Break the Ascending triangle. Ready continue upward ??💎 LINK has been a major point of interest in the market. It's currently showcasing a breakout from an Ascending Triangle pattern and is entering a retesting phase at a level that was previously resistance. Should this retest result in a bullish candle rejection or a strong bounce from the support, probability it indicates a high potential for LINK to resume its upward journey and aim for our target in the major supply area. 💎 However, if LINK fails to maintain its position above the support level during this retest, it might suggest a false breakout. Typically, such scenarios lead to a downward movement, with the next key level being the demand area located at the support trendline of the Ascending Triangle. 💎 In the demand zone, a decisive bounce is crucial. If LINK only consolidates without a significant recovery, there's a risk it could lose this crucial support zone. This could potentially lead to further downward movement, possibly taking LINK back towards the Bullish OB area.
by MyCryptoParadise
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