LINKUSDT Fortifying Demand ZoneChainLink has once again proven its mettle by successfully defending the demand zone for the fourth consecutive time. This defense is a testament to the substantial demand for LINKUSDT that refuses to waver.
Adding to the impressive show of strength, a simple uptrend trendline stepped into the spotlight, showcasing a bounce that echoes the resounding demand for ChainLink. The story here is clear: there's a substantial appetite for LINKUSDT, and the market is signaling a strong vote of confidence.
So, what's on the horizon? Be prepared for a continuation of the upside move, a path that seems almost inevitable given the current scenario. The nearest resistance is at 161.8% Fibonacci retracement level. The stage is set for a grand performance, and we anticipate this level to be tested in the coming weeks.
LINKUSDT.PS trade ideas
Is chainlink about to moon(10X)Based on the chart:
Correction after the impulse started and is a flat correction, so based on my counts, it's either WXY or ABC correction, meaning, we need at least 3 correction cycles for us to confirm that it has ended and we are about to continue being bullish or a reversal is about to happen.
So for Link the structure is looking bullish, correction is a continuation correction, at the current price levels we can/might be expecting a price going up from here...
Link Bullish bias on weeklyBased on the chart :
You can see correction(abc) ended when the market was choppy at the lows, accumulation started, then we broke out of the sideways cycle, accumulation cycle, Then an upward movement is expected until further high's
There's a previous analysis on Link i did, so check that out as well.
LINKUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Waiting for last upward movement before correction.
Entry: Market and lower
Target zone: 18.5 - 21$
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
AZERO vs $LINK: On the Brink of a Wyckoff Breakout Wave Diving deep into the charts, we spotlight the remarkable journey of BIST:LINK 's 500-day accumulation phase, setting a strong foundation for growth. But the real show-stealer is AZERO, with its 700+ days of silent accumulation, poised for an explosive breakout. This post unpacks the intricate Wyckoff patterns that have signaled powerful moves in 2023 and now hint at an even more dynamic Wave 2 ahead. With comparative charts as evidence, we explore the potential for monumental gains