Get started

ChainLink / TetherUS PERPETUAL CONTRACT

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

LINKUSDT.P trade ideas

Understanding Wyckoff Reaccumulation: A Comprehensive Guide## Introduction to Wyckoff Theory Richard Wyckoff developed his methodology in the early 20th century, creating a systematic approach to market analysis that remains relevant today. His method is based on the principle that market movements are primarily driven by large institutional investors, whom he called "composite operators." ## The Concept of Reaccumulation Reaccumulation is a sideways price pattern that occurs during an ongoing uptrend. Unlike basic accumulation, which occurs at market bottoms, reaccumulation represents a pause in an existing upward trend where institutional investors reload their positions before continuing higher. ### Key Characteristics of Reaccumulation 1. **Prior Uptrend**: Reaccumulation always follows a significant price advance 2. **Trading Range**: Price enters a sideways consolidation period 3. **Volume Analysis**: Typically shows declining volume during the range 4. **Price Structure**: Forms a series of higher lows and lower highs within the range ## Phases of Reaccumulation ### Phase A - Preliminary Support (PS) - Marks the initial support level where the uptrend first pauses - Often accompanied by increased volume - Creates the trading range's support level ### Phase B - Secondary Test (ST) - Price tests the trading range's support - Usually shows decreasing volume - May form several tests of support with springs or upthrusts ### Phase C - Last Point of Support (LPS) - Final test of support before markup - Often shows diminishing volume - Can include a spring below support ### Phase D - Sign of Strength (SOS) - Strong price move up on increased volume - Breaks above local resistance levels - Confirms the reaccumulation structure ### Phase E - Last Point of Supply (LPSY) - Final pullback before sustained markup - Generally shows lower volume than SOS - Creates higher low compared to LPS ## Identifying Reaccumulation vs. Distribution Understanding whether a trading range is reaccumulation or distribution is crucial for traders. Key differences include: ### Reaccumulation Characteristics: - Forms after an uptrend - Shows stronger support than resistance - Springs more common than upthrusts - Volume increases on upward price moves ### Distribution Characteristics: - Forms after an uptrend - Shows stronger resistance than support - Upthrusts more common than springs - Volume increases on downward price moves ## Volume Analysis in Reaccumulation Volume plays a crucial role in confirming reaccumulation patterns: - Decreasing volume during consolidation - Higher volume on tests of support - Strongest volume on breakouts above resistance - Low volume on pullbacks after breakout ## Trading Reaccumulation Patterns ### Entry Strategies: 1. **Spring Entry**: Enter after a spring below support with volume confirmation 2. **SOS Entry**: Enter on the break above resistance with increasing volume 3. **LPSY Entry**: Enter on the last pullback before markup ### Stop Loss Placement: - Below the spring low - Below the last point of support - Below the trading range support ### Target Setting: - Measure the height of the trading range - Project this distance from the breakout point - Consider previous resistance levels ## Case Study Analysis Examining the provided chart, we can identify several key Wyckoff elements: - Initial trading range establishment after uptrend - Multiple tests of support with declining volume - Formation of higher lows within the range - Strong volume on breakout moves - Successful continuation of the uptrend ## Common Mistakes to Avoid 1. Misidentifying the larger trend context 2. Ignoring volume confirmation 3. Taking premature positions before pattern completion 4. Missing important support/resistance levels 5. Failing to consider market context ## Conclusion Wyckoff reaccumulation patterns provide valuable insights into institutional behavior during uptrends. By understanding these patterns, traders can better position themselves to profit from continuation moves while managing risk effectively. Remember that successful trading requires patience, practice, and proper integration of multiple technical analysis tools alongside Wyckoff methodology. Remember: All technical analysis methods, including Wyckoff theory, should be used as part of a comprehensive trading strategy that includes proper risk management and consideration of multiple timeframes and market contexts.
Education
by javaman1376
Alikze »» Link | Scenario wave 1 of 3 rising - 1D🔍 Technical analysis: Scenario wave 1 of 3 rising - 1D - It has been moving in a downward channel on the daily time frame. - Currently, with the failure of the descending channel, in the case of a pullback to the ceiling of the channel or the range of 12.50, it can have the target of 16 to 17 dollars in the first step. - This ascending wave is the previous wave. But in a longer-term perspective, wave 2 correction in the green box range has ended. - Therefore, this recent motivational wave, micro-waves, wave 1 out of 3 is rising. 💎 In addition, this increasing wave can continue to climb up to Fibo 1.272 and 1.618 if the supply zone is broken. ⚠️ Note: If the candlestick closes below the 12.50 zone, the bullish scenario is invalidated and can retest the green box zone. ⚠️ 💎 Currently, according to the momentum, the first scenario or the bullish scenario is more likely. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:LINKUSDT
Long
by alikze
Chainlink usdt Link because of market leadership its the most adopted oracle network , ecosystem partnerships collaborations with swift, google and financial institutions. Proven security , broad use cases , covers defi insurance gaming tokenized assets enterprise data feeds… Competes most with decentralized oracle solutions but link is the most used , This already stablished and ecosystem can easily be a well over 50 billion in marketcap if everything plays out nicely . Real world use cases coins will keep going up as more adoption they they get , not like meme coins that offers quick money but no utility .
Long
by Todopoderoso
Chainlink chart comparison LINK/USDT VS LINK/BTC ON WEEKLY📈 Chainlink (LINK/USDT & LINK/BTC) Analysis: Weekly Support Holding Strong with Key Rejection Zone! Hello Traders! 👋 Today, I’ve analyzed Chainlink against both USDT and BTC on the weekly timeframe, and here’s what I see: 1️⃣ LINK/USDT - The pair is sitting right at a key weekly support zone - After a slight pullback this week, the price is showing signs of respecting this support level. - The weekly RSI is at 55, suggesting neutral momentum with ample room for upside. 2️⃣ LINK/BTC - LINK/BTC is also consolidating on a critical weekly support area, similar to its USDT counterpart. - From the previous swing high to swing low, a Point of Control (POC) level emerges, where price rejection has been observed. - This rejection zone could play a pivotal role in price action, acting as a short-term resistance. 🛠 Key Observations: - Both pairs are aligning perfectly at support levels, indicating confluence across markets. - Weekly RSI at 55 suggests balanced momentum without overbought/oversold conditions. - The POC level in LINK/BTC is a critical area to watch for confirmation of bullish continuation or rejection. 📌 My Expectation: If the support zones hold as anticipated, we could see a strong bullish reaction in both LINK/USDT and LINK/BTC, with significant upside potential in the coming weeks. 🚨 Reminder: Always manage your risk! Use stop-losses and position sizing to protect your capital. What’s your take on LINK? Let me know in the comments! 👇 #LINK #Crypto #Chainlink #BTC #USDT #CryptoTrading #SupportAndResistance #VolumeProfile #TechnicalAnalysis
Long
by karmatseringhyolmo
LINK $27 Setup - Trade when others are in fearCrypto got a 10% slap over the last hours and altcoins like BINANCE:LINKUSDT are currently giving setups for both, long and short. As for now LINK holding above the $22.50 support zone means we're still in play for a long move up to $27 which would result in 15% return. If we brake that support we should wait for a short confirmation and enter a short trade to the nearest support zone at $21. Don't forget that the US100 is currently on the upper side of a broader wedge and could consolidate further until New Years Eve. This would also drag down crypto further. But as long as the support holds, I'm long. Support Zones $22.50 $21.00 Resistance Zone $27.00 Let me know what you think.
Long
by LGNDRY-Capital
2
Chainlink (LINK): Market Structure Break happened!Chainlink has recently had a smaller dump, resulting in MSB, which is now being tested and is in it's final stage. We are looking for an upper order block zone to be reached where also our short entry setup is!! Now we all remember that current markets love to liquidate everyone and we are approaching the end of the yearly candles so we might see some further upward movements just to make the already overbought markets even more overbought! So in that case, if we break that current resistance zone, we will be looking for a steep move to upper zones, but meanwhile, we vote for that downward movement! Swallow Team
Long
by SwallowAcademy
5
Chainlink (LINK/USDT) Bullish Momentum Setup Current Price: $24.81 Support Level: $23.86 Resistance Level: $30.90 Key Levels: - Stop Loss (SL): $23.86 - Take Profit 1 (TP1): $27.80 - Take Profit 2 (TP2): $30.90 - Risk-Reward (RR): 6.8 Analysis: - Bullish Flag & Pennant Breakout: The chart shows a breakout from a bullish flag/pennant pattern, suggesting strong upward momentum. - Above 21-Day EMA: LINK is trading above the 21-day exponential moving average, indicating a bullish trend. - RSI: The RSI is at a healthy 55.57, signaling no overbought condition yet, and leaving room for further upward movement. - Volume: A surge in volume during the breakout confirms market interest in this upward move. Trade Setup: - Entry: Once price holds above the support level at $24.80, a continuation towards TP1 ($27.80) and TP2 ($30.90) is expected. - SL: A stop loss at $23.86 to manage risk. Disclaimer: This is not financial advice. Please conduct your own research before making any trades. All trades involve risk, and past performance is not indicative of future results.
Long
by karmatseringhyolmo
9
Chainlink bull flag structureCertainly, let's analyze the chart pattern you provided. **Chart Pattern:** The chart displays a bullish flag pattern on the 4-hour timeframe for the Chainlink (LINK) / TetherUS (USDT) pair. **Key Elements:** * **Bull Flag Structure:** The chart shows a sharp upward move (flagpole) followed by a consolidation phase (flag) within parallel trend lines. This pattern often signals a continuation of the upward trend. * **Breakout Point:** The price has broken above the upper trend line of the flag, confirming the bullish signal. * **Previous High:** The price is currently below the previous high, indicating potential upside. * **Flag Target:** The chart shows a potential target at 32.17, which is calculated based on the height of the flagpole projected from the breakout point. * **RSI (Relative Strength Index):** The RSI is currently at 58.63, which is above the 50 level, this shows strong momentum to the upside **Potential Price Targets:** Based on the bullish flag pattern and the current price action, here are some potential price targets: * **Short-term:** The immediate target is the previous high at 26.94. If the price breaks above this level, it could signal further upside potential. * **Medium-term:** The flag target at 32.17 is a significant level to watch. If the price reaches this level, it could be a strong resistance level. * **Long-term:** The overall trend for LINK is bullish, and a sustained break above the previous high could open up the possibility of further gains. However, it's important to consider that the RSI is currently overbought, which suggests that a pullback or consolidation may occur before the price resumes its upward trend. **Additional Considerations:** * **Volume:** Increased volume during the breakout can confirm the strength of the bullish move. Low volume could suggest a weaker move and potential for a reversal. * **Support and Resistance Levels:** Identifying key support and resistance levels can help in managing risk and setting profit targets. **Disclaimer:** This analysis is based on technical analysis and does not constitute financial advice. It's important to conduct your own research or consult with a financial advisor before making any investment decisions.
Long
by AG_Banti
LINKUSDT - Short Setup My main trading principle is that the price always moves from swept liquidity levels to untouched liquidity levels. In particular case we clearly can see the following context: price swept 1D key liquidity level and left untouched level lower. But to take more statistically more probable trades we should wait for some type of lower timeframe confirmation. For me the best way to confirm higher timeframe context is structure. So, if price closes below red line (MSB), we will have the valid short setup. Your success is determined solely by your ability to consistently follow the same principles.
Short
by Maks_Klimenko
5
LINK is bullish now and many Traders don't see it !!!As you can see, the price has been able to pass the cup and handle resistance, but this does not mean that the resistance is broken. We need to wait until this Weekly candle closes for the breakout to be confirmed. If we measure the AB range, which is $17.5 , and if the breakout is confirmed, we can say that the price will easily grow $37 equal to CD. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
45
Bullish Setup on LINK based on 15 min Time frame Bullish Setup on Link/USDT and LINK/BTC 🦋💹 Current Price (CMP): 25.8334 - Entry: At CMP - Stop Loss (SL): 25.3 - Target: 27 ( on higher time frame chart is still bullish and use trailing stop loss along the way more than the lower time frame target) Analysis: - A Bullish Butterfly pattern is forming on the 15-min timeframe, providing strong support. - Additionally, a Bullish Ascending Triangle pattern is visible on the 4-hour timeframe, reinforcing the bullish sentiment. Risk-to-Reward Ratio: - 4.5 – Favorable setup for disciplined risk management. Strategy: - Use a Trailing Stop Loss to secure profits as the price moves up. --- Disclaimer: This idea is for educational and informational purposes only and does not constitute financial advice. Always perform your own analysis and consult with a financial advisor before making trading decisions. Trading in cryptocurrencies involves substantial risk of loss and is not suitable for every investor. ---
Long
by karmatseringhyolmo
2
$LINK analysis 1. Descending Channel Pattern: - The price is moving within a large descending channel (in light blue). This channel has been forming since earlier in the year and appears to remain valid. - Multiple touches at both the top and bottom of the channel suggest that this technical structure continues to be significant. 2. Inverse Head and Shoulders Pattern: - There is an inverse head and shoulders pattern highlighted on the chart (with the "Head," "Left Shoulder," and "Right Shoulder" labels). This is a potential bullish reversal signal, and if confirmed, it could indicate a rise in price from current levels. - Both the left and right shoulders are clearly formed, and the price seems to be near the neckline at this point. 3. Key Support and Resistance Levels: - **Fibonacci resistance levels** are marked at 12.384, 15.015, and 18.704, which may act as significant barriers during an upward move. - **Fibonacci support levels** at 9.270 and 7.257 are crucial zones where the price may find support if a downward move continues. 4. Potential Price Action: - The suggested scenario in the chart indicates a possible short-term correction downward towards the support levels (likely around 9.270 or 7.257). - Following this, a potential bullish reversal is anticipated, with a move back toward the 12.384 resistance level, which could complete the inverse head and shoulders pattern. 5. Overall Outlook: - If the price reacts positively to the support levels around 9.270 or lower, and strong reversal signals emerge, there is a good chance the inverse head and shoulders pattern will complete, providing a strong bullish signal. - However, if this pattern fails and the price breaks below 7.257, the risk of continued downward movement increases, and the price could drop to lower levels. This analysis suggests that the market is at a critical point, and the next moves should be carefully observed for either confirmation of the bullish reversal or a possible breakdown to lower levels.
by ScorpionX_Co
1
LINKUSDT.P | 3 Possible Entries Depends on Your Risk AppetiteLINKUSDT.P | 3 Possible Entry Zones Based on Risk Appetite Zone 1: Located below the 0.5 Fibonacci level of the last significant range. Best suited if the price has spent a considerable amount of time above the range high. Note: This zone may not be ideal in the current context as the conditions are not fully met. Zone 2:Second zone is ideal trading area. Aligns with a previous high and a demand zone confluence, offering a high-probability setup. Zone 3: Designed for cases of range low manipulation. Look for price sweeping the range low before reclaiming it as a potential reversal signal. For all zones wait for lower time frame market structure breaks upside. First zone is not optimum I think. Second zone is ideal trading area. Third zone can be valuable in case of a market crash.
Long
by XU99