Breakout from downward trend line. Upwards nowWe have spotted Link breakout from downward trend line. Upwards now.
We will need a confirmation candle today to solidify the breakout.
Are you buying?
LINKUSDT.P trade ideas
LINK: buy in mid-term📊Analysis by AhmadArz:
🔍Entry: 12.77 - 12.55
🛑Stop Loss: 12.28
🎯Take Profit: 13.24 - 13.65 - 14.11
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📉📈 LINK Trade Analysis 🔄💼Trade Overview:
LINK is exhibiting a triple bottom pattern with potential strength indicated by acceptance above the monthly open, signaling a shift in structure on lower timeframes.
Trade Strategy:
Entry: Consider entering into the buy zone between $12.50 to $13.50.
Take Profit: Set take profit targets at $16.00 and $16.80, with the next area of resistance at $18.70 - $19.50.
Stop Loss: Place the stop loss below $12 to manage risk effectively.
📊🔍 Monitor LINK's price movement closely for potential entry opportunities! #LINKTrading #CryptoAnalysis 🌐🔒
Chainlink (LINK): Re-Test Was SuccessfulChainlink had made a nice re-test (successful one) after that massive breakdown from upper zones.
We are now keeping an eye on that second re-test to that same 200EMA which could lead to further pressure and a movement to lower zones as well!
Swallow Team
LINK/USDT 4H ChartHello everyone, let's take a look at the LINK to USDT chart on a 4-hour time frame. As you can see, the price is moving above the local uptrend line.
Let's start by determining support and, as you can see, first we have a support zone from $13.77 to $12.90, then we have visible support at $12.34 and then the third support at $11.55.
Now let's move on to the resistance lines, as you can see the first resistance is at $13.98, if you manage to break it, the next resistance will be at $15.02, $15.71 and the fourth resistance at $16.67.
The RSI indicator and the STOCH indicator are approaching the lower limit, which may slow down the current correction, which will keep the price in the support zone.
Bullish Link UsdtLink usdt making harmonics pattern ar 1h time frame we can see a bullish rally at D point.
$link long after several weeks of downtrend , i see this trend reversing soon , many alts looking to have found support before bullish continuation
LINK Confirmed a Bullish Wedge PatternLINK Confirmed a Bullish Wedge Pattern
Link Confirmed a bullish wedge pattern showing in this way for possible growth.
The situation is a big complex if we focus on BTC moves as it looks bullish but on the other
hand it is not rising at all showing for a deeper correction.
This can move the liquidity to the other coins.
Considering that Link has reacted well several times it has chances to rise again and probably to perform well.
However, it is risky if we consider BTC developments.
Please manage the risk properly.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Silent break for LINKLINK finally come out from a bearish trend that was running from weeks. This was a silent break, without strong moves, so i think that it could range and retrace for a while, maybe till $14.00 and then start a pump till the resistance area at $20.5
Chainlink LINK Intraday Trade SetupThe chart highlights breakout/rejection points, criteria, and targets to execute on the trade opportunity.
LINK USDTLINK Setup. After a confirmed breakout from the marked zone in green, we could take an entry at 13.975. Remember stop loss is your friend. Everything is on the chart.
Entry 13.975
S.L 13.311
T.P 1 14.476
T.P 2 14.965
T.P 3 15.621
Short LinkUSDT 04/05 DAYTRADEIts possible just a pullback but we can take advantage and earn a good risk reward.
BUT for the trade to be good, we need divergence in the RSI, and a good change in character demonstrating the search for cheaper prices, therefore a drop in prices.
Let's wait and see the market's reaction.
Lingrid | LINKUSDT Accumulation PHASE. LongBINANCE:LINKUSDT pulled back toward the support level after a bearish impulse move. As we can see, the price is from the range zone. It is currently moving sideways between the bottom and top of the range. I think the price may retest the local high and break out of the channel, which is going to be a bullish sign. Basically, there is accumulation in the 13–15 price zone going on. I expect the trend to continue from the support level and breakout of the downward channel. My goal is resistance zone 15.300
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
#LINK potentials dump 30% from the supportShort here with SL if daily close above 14.2
Good R:R ratio.
🔗 LINK Trading Strategy 📈💡Entry Point:
If BTC stabilizes and LINK tests the $10.00 - $11.00 support, consider entering a long spot trade.
Trade Parameters:
Entry: $10.00 - $11.00.
Take Profit: $12.80 - $13.50 or $16.00 - $16.80.
Stop Loss: Just below $9.60.
Risk Management:
Utilize a tight stop loss to mitigate potential losses.
Monitor BTC stability as it may influence LINK's movement.
📈💰 Stay vigilant for favorable entry conditions! #LINKTrading #CryptoAnalysis 🚀🔍
#LINKUSDT: Bears to continue dominating| Crypto|SetupsFX_|Hey Traders,
With most of the crypto pairs, price is making correction on this crypto pair too. Expecting price to drop down to 7.00 region from bullish rebound may occur until then. Keep selling with accurate risk management. Good Luck and Trade Safe.
Chainlink(LINK): Gameplan Remains Same / H&S PatternThe Chainlink gameplan remains the same, where we have a head & shoulder pattern.
Price has nicely bounced from the local neckline zone and reached 200EMA, where we see some sort of struggle now.
We expect further push and some sideways movement here, and then, of course, a nice breakdown of the neckline and further movement to the lower zones here!
Swallow Team
Chainlink analaysisI anticipate that LINK will decrease in order to acquire liquidity from the double bottom, so I have taken a short position.
LINKUSDT.1DThe daily chart for Chainlink (LINK/USDT) indicates a recent bearish trend, as highlighted by the descending trendline, with the current price at $12.995. The chart showcases a resistance level (R1) at $16.577, beyond which R2 and R3 are marked at $21.477 and a high near $22.868, respectively.
The primary support level (S1) is set at $12.205, which is crucial for maintaining the current bearish structure. If the price breaks below this support, it could lead to further declines, potentially testing lower supports not identified on the chart.
The RSI is near the oversold territory at 38.28, suggesting that the market might be nearing a point where a reversal could occur if buyers step in. The MACD is below the signal line and in the negative zone, reinforcing the bearish momentum indicated by the price action.
Traders may consider looking for buying opportunities near the support level if bullish signals emerge, such as a bullish divergence on the RSI or a crossover to the upside on the MACD. Conversely, a break below S1 might be used as an entry point for short positions, with the expectation of further declines. A break above the descending trendline and resistance at R1 could suggest a potential reversal, targeting higher levels up to R2 and R3.
LINKUSDT.PHello Trader BINANCE:LINKUSDT.P
chart history area makes base-drop-base. the position of the area is now in the area of bearish sideways consolidation in the base area of the 13,845 range area. but does not rule out the possibility of a pulback area to return to the top, can be limited to the area or market price from now on.
take profit 7%
stop loss 2%
Please add a comment and Positive feedback and constructive criticism are important to authors and the community.
Disclamer: Not Financial Advice
Is LINK getting ready for an upward move?Hello everyone, let's look at the 4H LINK to USDT chart, because you can see how the price is moving in the local downtrend channel, and what's more, you can see a break from the bottom of the uptrend line.
Let's start by setting goals for the near future that we can include:
T1 = $15
T2 = $15.80
T3 = $16.33
AND
T4 = $17.05
Now let's move on to the stop loss in case of further market declines:
SL1 = $13.79
SL2 = $13.17
SL3 = $12.41
AND
SL4 = $11.78
The RSI indicator shows that we are bouncing off the local downward trend line, which causes the price to rebound again, while the STOCH indicator is constantly moving at the lower border, which may lead to an attempt to rebound the price and exit the channel at the top.
