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LINKUSDT.PS trade ideas

Massive LINK breakout - start of a long term journey to 100$?- follow up analysis on this where we called THE bottom on LINK/USD - in the last two days LINK has successfully held above the white dotted line which officially confirms a breakout of the +500 day long range - because it has been accumulating for so long it is very likely the move that follows the break is going to be explosive and volatile At least 30 dollars is the long term target, but if BTC reaches new ATHs in the next two years it is likely then that LINK aims for the 100$ mark sometime in 2025.
Long
by Mansasuma
LINKUSDT The curse was broken For over 500 days, the price of the BINANCE:LINKUSDT below $9.7 was traded, but finally, today, this resistance line has been broken, and the price has been trading above this line for a moment, indicating the end of endless ranges in this area. In my opinion, this could be the beginning of further price growth. ⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR" Don't forget to like and comment
Long
by Madoir
7
WHY IS LINK PUMPING TODAY?Why is Chainlink BINANCE:LINKUSDT pumping today? Last month, I forecasted this coin on reach to a year-long resistance and to watch out for a potential breakout or pump in the upcoming weeks. Now, BINANCE:LINKUSDT pumped because of a year-long breakout , that's 16 months to be exact. What should we do next? Scalping either long or short would be best in my opinion but be sure to have a setup for that strategy. For intraday traders, be patient for finding some possible bullish patterns (mini resistance breakouts, head and shoulders, cup and handle) as the coin is still in an uptrend. Take note, we can see retracements for the coin price, as the price would wait to be stable from the yearly breakout. From a technical standpoint, I would rely on identifying a common resistance for a potential take profit area. I find the $11,446 resistance line convincing since it presents strong support and could be a new resistance line for the coin (click the chart above for better quality) . Another would be at near $12 range, based on the fib retracement of .382 from its all-time high. This would take possibly a week or more in order to reach that price that I've mentioned. If you entered the breakout, congratulations! Now, you need to do set a protective stop profit in tranches. Plot your support line because that will be a guide in taking partial stop profits. In this case, I would plot a diagonal support line. If a breakdown happens with confirmation of candles and your indicators, you could take a bit of your profit OR for those who did not enter, execute a scalp short play and plot your Fibonaccis. I'll add more forecast to this idea but will update you in the comments section. Thanks to those who are supporting my past ideas, means a lot. Feel free to comment your questions or suggestions and please follow my profile on this platform for more of this and possibly add more trading content. PLAN your trades, happy trading!
by luigi360swirl
LINK take profit targets Chainlink take profit targets Possible Targets and explanation idea ➡️Over 530 days in a range around 27 fib zone ➡️A lot of recommendation close short position signals by Trade ON indicator ➡️Based on my money power indicator we got 2 bullish RSI div on Weekly ➡️Last bullish MACD div on weekly ➡️Take profit some % zones marked red block around 0.5 and 0.618 lvl Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
Long
by Crypto4light
Celebrating LINK's Remarkable Breakthrough - Long LINK Our beloved LINK defied expectations and broke through its one-year trend with an incredible 13% jump! 🚀 Let's take a moment to appreciate the magnitude of this achievement. LINK has not only shattered the barriers of its previous trend but has also shown its potential for continued growth. This remarkable breakthrough is a testament to the strength and resilience of the LINK community and its long-term vision. Now, you might be wondering, what does this mean for you as a trader? Well, my friends, it means that there's an incredible opportunity knocking at your door. The time has come to consider joining the long LINK movement and seize the potential for further gains. Why long LINK, you ask? Here are a few compelling reasons: 1. Momentum: LINK's recent surge has demonstrated its ability to defy trends and propel itself to new heights. By long LINK, you can ride the wave of this positive momentum and potentially maximize your profits. 2. Strong Fundamentals: LINK's underlying technology and the team behind it have repeatedly proven their worth. With a solid foundation, LINK has the potential to continue its upward trajectory. 3. Diverse Use Cases: LINK's integration with smart contracts and decentralized finance (DeFi) applications has opened up a world of possibilities. As the demand for DeFi grows, LINK's value is poised to follow suit. So, how can you get in on the action? It's simple! Take a moment to evaluate your trading strategy and consider adding a long position on LINK to your portfolio. Keep a close eye on market trends, set realistic targets, and remember to diversify your investments for a well-rounded approach. Remember, trading is both an art and a science, and timing is everything. While the past performance of LINK is no guarantee of future results, it certainly provides us with an exciting opportunity to capitalize on its recent breakthrough. As always, please conduct thorough research, consult trusted advisors, and make informed decisions aligning with your risk appetite and financial goals.
Long
by bryandowningqln
LINK - Weekly ranges overview LINK did not give us the break down we were looking for. As we had noted in the previous idea, 'IF we reclaim the blue (with BTC pushing higher) we will most likely have to wait' PA reclaimed the blue box and pushed up back to the top of the range. We are currently heading towards and retesting it. (9.75$ area) I would advice to wait for pa to give you an indication of where it wants to go before acting. IF we reclaim it and start pushing higher I would expect us to head towards 11-12$ IF we fail to break higher and deviate we should head back towards 6.50$ BE PATIENT AND WAIT TO SEE WHAT THE MARKET GIVES YOU Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
by Patrick2707
Link Growth Spurt: Buy Your Ticket to Profit!"**Fundamental** * Chainlink is a decentralized oracle network that provides real-world data to smart contracts. * LINK is the native token of Chainlink and is used to pay for oracle services. * Chainlink is a key component of the decentralized finance (DeFi) ecosystem. * Chainlink has a strong team of developers and advisors. * Chainlink is partnered with many leading blockchain projects. **Recent news** * Chainlink has announced the launch of Chainlink Economics 2.0, which is designed to improve the security and sustainability of the network. * Chainlink has been integrated into a number of new DeFi protocols, such as Aave and SushiSwap. * Chainlink has been used to create a number of innovative DeFi applications, such as insurance protocols and prediction markets. **Disclaimer** Investing in cryptocurrency is a high-risk investment. The value of cryptocurrency can fluctuate wildly and you may lose all of your investment. You should only invest money that you can afford to lose.
Long
by MoonTradingForecast
4