LINKUSDT.P trade ideas
LINK prepare for longTime is running out for a good LINK entry!?
It's time to prepare for Chainlink bull run!
If the market decide to make a big "ETF-move" - I see LINK leave the bull flag with speed and never come back.
I see next big stop at 27 dollar - potential 85%.
I still think 15 dollar for LINK is really cheap, but 14.0 - 14.6 could be nice area for some limit orders!
I will not wait for any break and retest of the bull flag, I have way to much confidence in LINK and I also plan to hold link "forever".
I don't think the big money will ignore LINK, when it starts to move!
[18-12-2023] $LINK DEVIATION CHANNELBINANCE:LINKUSDT have a strong fundamental, me expect BINANCE:LINKUSDT will pumping in upcoming days!
Will add position after retest the channel, some indicator showing BINANCE:LINKUSDT ready for pump.
Link/USDT strong demand areaLINK/USDT
This area of demand for the link is very important and can push the price up
Trade according to the personal capital management system and after receiving the entry trigger
LINKUSDT TODAY 1-Apply your own risk management.
2-Daily and Weekly Targets
3-Hunt the profits at any level you see convenient for you.
4-Raise Often Your SL to protect your profits.
5-Use 8 % Spot
6-Long it With 6 % LEV3
Let's Buy Some BIST:LINK
linkIt has an important support in this area, which I hope will not be broken and will start an upward movement
LINK/USDT - Chainlink: Falling Wedge◳◱ On the $LINK/ CRYPTOCAP:USDT chart, the Falling Wedge pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 16.264 | 17.265 | 19.582 and support near 13.947 | 12.631 | 10.314. Entering trades at 15.259 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Chainlink
▣ Rank: 16
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: Services - Data Management
▣ Overview: Chainlink is a decentralized oracle network. It aims to serve as a middleware between smart contracts on smart contracting platforms and external data sources, allowing smart contracts to securely access off-chain data feeds.
◰◲ Technical Metrics :
▣ Mrkt Price: 15.259 ₮
▣ 24HVol: 75,890,616.439 ₮
▣ 24H Chng: -4.917%
▣ 7-Days Chng: -2.66%
▣ 1-Month Chng: 5.93%
▣ 3-Months Chng: 89.72%
◲◰ Pivot Points - Levels :
◥ Resistance: 16.264 | 17.265 | 19.582
◢ Support: 13.947 | 12.631 | 10.314
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: SELL
◰◲ Technical Indicators Summary : SELL
◲◰ Sharpe Ratios :
▣ Last 30D: 0.96
▣ Last 90D: 3.18
▣ Last 1-Y: 1.59
▣ Last 3-Y: 0.58
◲◰ Volatility :
▣ Last 30D: 0.85
▣ Last 90D: 0.93
▣ Last 1-Y: 0.75
▣ Last 3-Y: 1.09
◳◰ Market Sentiment Index :
▣ News sentiment score is 0.74 - Bullish
▣ Twitter sentiment score is 0.59 - Bullish
▣ Reddit sentiment score is 0.50 - Bullish
▣ In-depth LINKUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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LINK - Wyckoff Reaccumulation Schematic#LINK
Link is following a texbook Wyckoff Reaccumulation Schematic as seen in one from an ETH chart on the left, which includes an Elliott's Wave ABC then another, once liquidity has been grabbed on the 3rd pop up.
* Note there is usually a variance between the schematic images when compared to real time Cryptoland due to what I assume is high leverage stop hunting.
$LINK #ChainLink Trading IdeaBIST:LINK #ChainLink formed a bull flag. But carefully, cause the money flow is decreasing. The market is overheated at this moment.
Chain-like ,The best currency. It is for oscillation, it easily reacts to the ceiling, middle line and floor of the channel
LINK - Liquidity Grab then Double Bounce to Infinity#LINK Update
Projection unfolding as it has multiple times across history. First grab some liquidity then one last bounce on top of support before moonshot...
LINK → Chainlink Dropping from Double Top? Going Down to $10?LINK completed a measured move and attempted to break past the Resistance Zone twice without success. Does that mean we have justification to short?
How do we trade this? 🤔
A low probability, low risk, high reward trade (a reversal) was reasonable after the Daily candle closed on December 15th. That was a strong bear bar closing on its low after the double top, now we're stuck under the 30EMA and having a hard time getting back up.
You can also reasonably short here at a 1:1 Risk Reward Ratio. Your position size should be smaller since we're further away from the justified stop loss position above the Resistance Zone. Shorting to the Daily 200EMA support is a solid target but remember, this is technically a counter-trend trade, so we need to watch every candle for a sign that we're bouncing back toward the upside.
💡 Trade Ideas 💡
Short Entry: $14.150
🟥 Stop Loss: $17.650
✅ Take Profit: $10.650
⚖️ Risk/Reward Ratio: 1:1
🔑 Key Takeaways 🔑
1. Measured Move Complete, Potential Double-Top Reversal.
2. Price fell from Resistance Zone. Reasonable to Short Scalp.
3. Teacup and Handle Pattern did not play out.
4. Far away from Reasonable Protective Stop, Small Position.
5. RSI at 45.00 and below the Moving Average. Bias to Short.
💰 Trading Tip 💰
Your position size should be proportional to your risk and relative to your maximum allowed loss on a single trade.
Example: A $100 trading account using the 1% rule should lose no more than $1 on a single trade. That means if your stop loss is further away, your position size needs to be sized so that your loss equals no more than $1.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and comment if you found this analysis useful!
#TOBTC #LQR #Linklink is on Bullish Channel
for this moment support 1 are important area needs to break down first
and than mid line channel could be next station for Chain-link
Allways DYOR !
LINK - LongGood luck to everyone! This analysis is for educational purposes only and does not constitute financial advice. Conduct your own analysis before making trading decisions.
Link headed up?!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!
BIST:LINK update. 🧵
Followed the path on the left and bounced
close to the level provided.
Now we get to find out what it is.
PTT and W5 MLT for the conservative bull count.
Falling back from here, could lean X/B complete...
But, hope it keeps climbing.
LINK/USDT/Link prepares to flyLink prepares to fly
link shows that the correction is complete. We may visit the $30 mark soon
Link confirmed monthly breakout Link has finally confirmed the monthly resistance breakout on the weekly chart. This is very bullish for the token. With the public staking immanent, and Link doing its traditional thing leading the market rally as Eth pumps, I expect big things from this token. My first target is 18.1$, and the following fib is the more bullish short-term target.
LINK LONG IDEALink is done with its correction. It's now on either wave 1 of 3 of 5 or still at wave 1 of 5. If it is the latter, then we must see a good sideways correction on top of TL. It should not fall back into the range if we want to see a bullish move. This is a good LONG opportunity.
LINK/USD Main trend. Wedge. 53$ - 5,3$ = -90%Basic tendency. Logarithm. The time interval is 1 week.
A clear downward wedge was formed in the pair to the dollar. Pay attention that the maximum is $53, and the minimum is $5.3. It is interesting that it is exactly -90%. This makes it clear that the price is completely "manageable."
A line chart to understand the direction of the trend and the wedge.
Secondary trend.
LINK/USDT Secondary trend. Downward wedge.
Alts should be looked at starting at -90%.
But I want to remind you that -96% is also -60% of -90%.
It's the average set and reset price that matters, but this logic should always be kept in mind. Averaging, this is not buying "cheap", but buying in potential trend reversal zone, if past buying turned out to be wrong (very relevant for those who work with large amounts and keep most of their cryptocurrency on wallets).
You have bitcoins and you don't want to sell most of them for any money, neither cheap nor expensive? Then HYIP, a cryptocurrency, is designed to take them away from you!
Then, after a few cycles of hype around another promising crypto-monet, former bitcoin holders will be collecting satoshis and remembering, "I used to have a lot of bitcoins... But I wanted to get rich so badly that I lost them all...". With each coin prospect and with each jump in the market cycle, my balance decreased, and now I have pennies compared to my former numbers...
Illusory money prospects and trivial greed can deceive you. With these two components of the market, you have to stay at arm's length.
LINK/USDT Secondary trend. Downward wedge.Logarithm. Secondary trend. Downward wedge.
A clear downward wedge was formed in the pair to the dollar. In case of its breakage, I showed the maximum potential.
Note that the maximum is $53, and the minimum is $5.3 Interestingly done, that is exactly -90%. This makes it clear that the price is completely "manageable. People do not influence the price, they are directed to form the desired price.
A line chart to illustrate the key pivot zones.
Alts should be looked at starting at -90% .
But I want to remind you that -96% is also -60% of -90%.
It's the average set and reset price that matters, but this logic should always be kept in mind. Averaging, this is not buying "cheap", but buying in potential trend reversal zone, if past buying turned out to be wrong (very relevant for those who work with large amounts and keep most of their cryptocurrency on wallets).
The main trend. Time frame 1 week.
LINK/USD Main trend. Wedge. 53$ - 5,3$ = -90%
LINKUSDT - Elliott Wave Analysis - BullishBINANCE:LINKUSDT LINKUSDT - Elliott Wave Analysis - Bullish
Article: The price chart analysis of ChainLink (LINK) using the Elliott Wave Theory, with lines drawn by this indicator, highlights it as one of the cryptocurrencies to watch.
The long-term (1-week) price chart of ChainLink (LINK) has shown a bullish movement since 2020, breaking through several key resistance levels and continuing to climb steadily.
The structure created by the indicator's automatic line drawing clearly shows that we are potentially in wave 3 of a bullish trend while concurrently in wave C of a bearish correction. Therefore, we expect prices to reach levels at $86, $105, and $137 respectively.
However, other factors should be considered when forecasting future price directions such as fundamental asset factors, technical factors, and economic conditions. The fundamentals for LINK are strong due to its popularity as a DeFi project with increasing real-world usage. Technical indicators support an upward trend.
Factors supporting the upward trend for ChainLink include:
Growth in real-world usage of ChainLink.
Partnerships with new allies.
Launching new products and services.
Risks against the upward trend for ChainLink include:
Global economic recession.
Volatility in cryptocurrency markets.
Competition from emerging technologies.
Conclusion
In summary, the long-term (1-week) ChainLink price chart indicates a robust upward trend, with expectations of breaking through key resistance levels, specifically at $53. Currently, the price is in an accumulation phase, poised for a soon-to-come upward adjustment. Additionally, it is noteworthy that the price has been consistently adjusting upward on a weekly basis.
