Link - bottom might be inWe love it even if it’s too slow. But it’s one of the strong coins. It’s possible it has found the bottom for next bull cycle. It’s a no brainer too if you are looking for potential bottom.
LINKUSDT trade ideas
LINK — Approaching a Critical MomentChainlink (LINK) is again about to challenge the upper boundary of its descending channel. This barrier has been in place for most of 2024.
Each time LINK tested this upper trendline, it faced rejection. However, the pressure is building for a potential breakout.
Key Technical Points To Watch
Descending Channel: LINK has been stuck in a descending channel, continuously forming lower highs and lower lows.
Resistance: A breakout above the descending channel marks the first and most crucial step. However, LINK still faces multiple resistance levels on its journey higher. As a first challenge, LINK has to break past the $12–$14 zone, which has acted as strong resistance in the past.
Mid-Term Target After A Successful Break Out
Breaking out of the descending channel should ignite a massive upward move. The mid-term target for this breakout is around $28, representing a substantial rally from current levels.
Intermediate Resistances
On the way to $28, LINK will need to clear several hurdles:
The $14 resistance level (historical rejection zone)
Given previous price action, the $16–$18 range could act as a barrier.
What Else You Need To Know?
Watch the Volume: A breakout without a significant volume increase may lead to a false breakout.
Market Sentiment: Logically, the broader crypto market sentiment will also play a crucial role in LINK’s performance. If Bitcoin and Ethereum continue showing strength, it could provide the tailwinds needed for LINK to make a decisive move.
LINK Long IdeaLINK
Entry: 11-10.5
TP: 11.4- 11.8- 12.0 - 12.2
SL: 10.35
I'm bullish on LINK monthly chart being in the golden ratio zone, its great to accumulate some here in spot and TP at 30-40% in 1-2 months but here's a setup for short term scalpers. Despite being a bit bearish on BTC, remember to stick to your SL
The Price About To Run a New Bullish Move📈 There Is a Bull flag Formed At The Chart By The Perfect ABC Structure, The Price Bounced From Wave C PRZ And We Have a Clear Breakout From The Trend Line, Expect a Legup To The 11.2$ As a Short Term Target
LINK Long-Term Entry OpportunityLINK has recently touched the bottom purple support again. After 4 touches, this support seems to be an important level for traders.
To optimize our entry, we're going to wait for the price to touch the support again in the coming weeks. With a stop below the recent fear-low and a target around the current all-time high we can construct a very decently bullish trade.
Keep in mind that it's a risky bet. BTC is slowly bleeding and alts overall look bad. However, a R/R over 20 when trading from an established long-term support is worth a bit of risk.
link is ready to shorttttttttttttlink is very nice and good for sell short
please check this chart
and follow me
LINK will bullSeveral series of support ranges have withstood the pressure and are no longer nervous, and the time has come for them to push the price higher.
LINKUSDT 1D Possible corrective patternLINKUSDT 1D Possible corrective pattern
In the 1D time frame, all levels are magnified and corrections that occur in smaller time frames are insignificant.
Levels to take into consideration:
SL 9.80 This level is in line with the lows recently marked.
SL1 8.50 Just below the bullish trend line and already recently reached.
SL2 5.75 This would be a purchase and accumulation zone.
TP 15 in case the 0.618 of the last bearish section is corrected before looking for the purchase zone at 5.75.
Chainlink (LINK): Target Has Not Reached Yet!H&S pattern is still in process for Chainlink coin, where after breaking the neckline zone we are now seeing price slowly trying to push toward the lowest target zone here.
So our gameplan remains the same; we want to see that zone to be reached!
Swallow Team
Link: Signs of life?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Bullish Take:
Breakout Possibility: The price has been testing the downtrend line (blue line), and a potential breakout above could lead to a bullish rally.
Key Levels to Watch: The next target after a breakout is the $10.812 level.
Recovery Formation: The price is hovering near a critical support level at $9.910, and if it breaks and holds, this could trigger a bullish reversal.
Bearish Take:
Downtrend Still Intact: The price remains under the blue trendline, suggesting the downtrend is not yet broken.
Support at Risk: If $9.910 fails to hold, the next support lies around $9.329, which could lead to further downside.
Lower High Formation: The chart shows a series of lower highs, reinforcing a bearish sentiment unless a strong breakout occurs.
In summary:
Bullish outlook if price breaks the trendline and moves above $10.812.
Bearish outlook if price breaks down below $9.910, potentially leading to $9.329.
Trade Safe,
Trade Clarity.
LINKUSDTLINK ~ 5D ✅
#LINK Last time Smart money accumulated in this support block area. if this happens again,. Maybe this area will be an excellent purchase. Please note, this area has a wide purchasing range. If you are interested,. Gradual purchasing is possible in this area.
LINK : MASSIVE Profits Possible from THIS ZONEA Bearish Head and Shoulders pattern formed in the weekly, and we're not quite out of the woods yet - usually, a H&S retraces all the way back to the bottom of the left shoulder. In this case, it falls exactly at the ideal buy back zone:
It's good to see that the trendlines are moving CLOSER together - if you look at historic prices, this usually precedes a time of range trading, followed by another impulse wave up. The wider the trendlines are apart, the stronger the sentiment (bearish if under, bullish if above):
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BINANCE:LINKUSDT
LINK cooldown before getting too hot (3 days before launch off)LINKUSDT on the making of its primary wave 1 while still inside old range's value. Meanwhile it's easily seen that it has 5 subwaves on the hourly chart, next few days will show what kind of correction the asset will take before launching for its wave 3.
High chance we tap into the high volume node of the previous range @10.38 but I dont want to be front raned so I'mma go in @0.618 at 10.5 usd
LINKUSDT on correction for another 3 days and flyyyyLINKUSDT shows its posible 5 subwaves on its wave 1 before a push to the upside as a wave 3.
The next 3 days will show what form its correction will be.
Nevertheless, the ideal entry is what's presented on the post.
Short trade
Date: Sunday, 1st Aug 2024
Pair: LINKUSD
Trade: 4
Trade Type: Sell-side
Time Frame: 1-Minute
Session: London (LND)
Entry Time: 12:24 PM (NY Time)
Entry: 10.645
Profit Target: 10.522 (1.21%)
Stop Loss: 10.668 (0.22%)
Risk-Reward Ratio (RR): 5.35
LINK - safe buythe price is at the bottom of its longterm ascending channel and it seems that it is ready for a big B market.LINK is a good option for investment
Short trade
Trade Details:
Date: Sunday, 1st Aug 2024
Pair: LINKUSD
Trade: 3
Trade Type: Sell-side
Time Frame: 30-Minute
Session: London (LND)
Entry Time: 6:45 AM (NY Time)
Trade Levels:
Entry: 10.783
Profit Target: 10.499 (2.64%)
Stop Loss: 10.827 (0.40%)
Risk-Reward Ratio (RR): 2.46
LINK-USDTLINK-USDT.
Looking at this pair over a one-day time frame, you can see how the price stays below the downtrend line.
When it comes to support, we have visible:
SL1 - $10.40,
SL2 - $9.85,
SL3 - $9.10,
SL1 - $8.
looking the other way, you can see the targets at the following levels:
T1 - $11.66.
T2 - $12.47.
T3 - $13.66.
T4 - $15.17
Chainlink (LINK): Has Still Room To Fall!Chainlink is still trading below that neckline zone, re-testing the zone of EMAs here.
As we had a nice break of structure here (neckline), we have not yet seen a final target to be reached, so there is still some room to fall!! Let's see...
Swallow Team
LINK Long Position (Oversold Conditions)Market Context: LINK has reached an important level of support, with oversold conditions on medium timeframes. This presents a potential long trade opportunity, particularly if BTC holds the $58,000 support level.
Trade Setup:
Entry: Long trade around $10.80 - $11.53 support level.
Take Profit:
First target: $12.50 - $13.00
Second target: $14.50 - $15.30
Stop Loss: Tight stop loss just below $10.30.
📊 This trade capitalizes on the oversold conditions and key support, with well-defined targets and a tight stop loss to manage risk. #LINK #CryptoTrading #SupportLevel
LINKUSDT - Swing Short On the start of the week price swept previous week high and revert back, so I would expect to see distribution lower to fill the gap bellow.
LINK's Next Big Move - From $20 Breakout to $60+ Surge?"Last year, I highlighted that LINK was approaching the end of its accumulation zone and could hit $20. It played out perfectly, with LINK breaking out and entering the pre-accumulation phase. The price went from 7$ to +20$.
Now, I believe we’re nearing the end of this pre-accumulation phase and gearing up for a mark-up. Target +60$.
NFA of course
