Chainlink (LINK): Waiting For Exit Point! / 30% Growth!Chainlink has made pretty decent upward movement on bigger timeframes, securing fully that support zone.
As we had a 30% move, we are now riding in a small sideways tunnel where we are waiting for a breakout or a breakdown.
At this point it is hard to say which way we will go from here as there are no further confirmations, but as we mentioned previously, waiting is the key.
So we wait for either a breakdown or a breakout from local support and resistance zones (sideways tunnels upper and lower lines). As soon as we see any signs of break, we will be looking for a position from there!
Swallow Team
LINKUSDT trade ideas
LINKing Up or Breaking Down: $26.70 to Watch.Unable to break through $30.93, Chainlink declined to below $28.70. We have to watch the price action around this level.
1. We need to see a strong recovery to above $28.70 support level that could signal a continuation of the bullish momentum, potentially driving LINK to retest $30.93 and move higher toward the next resistance at $34.58. Such a scenario would underscore the presence of strong buying interest (Green Projections).
2. On the downside, a failure to maintain $28.70 could expose LINK to further weakness, with a possible decline toward the critical support at $24.49 in 4-Hour Chart.
LINK - Losing Momentum: Key Breakdown Levels to WatchThe chart structure shows a rising wedge pattern, a bearish formation that signals exhaustion in the current uptrend. This pattern, combined with price action stalling at the highs, indicates that the bulls are losing momentum.
Key Observations:
1.) Rising Wedge Breakdown Potential:
The price action is forming lower highs and higher lows, aligning with the typical characteristics of a rising wedge.
A decisive break below pdVAL (Previous Day Value Area Low) at $28.99 would confirm the bearish momentum.
2.) Bearish Targets:
If pdVAL fails as support, we could see a correction towards key confluence zones:
First Target: $26.75 — This level aligns with the 0.5 Fibonacci retracement of the entire upward wave and coincides with previous price structure support.
Second Target: $26.09 — This level is marked by the pwOpen (Previous Week Open), providing additional support.
3.) Volume Profile:
The recent upward move lacked increasing volume, which reinforces the exhaustion narrative. A volume spike on the breakdown would further validate the bearish case.
4.) Support Zones:
The key green zone (highlighted) between $26.75 and $26.09 is a strong area of demand, supported by:
0.5 Fibonacci retracement.
Previous Weekly Open (pwOpen) and Previous Weekly Value Area Low (pwVAL).
Conclusion:
Bearish Scenario: A confirmed breakdown of pdVAL ($28.99) could trigger a move towards $26.75, with potential continuation to $26.09.
Invalidation: A strong reclaim of pdVAL and a push above the rising wedge's resistance would invalidate the bearish outlook.
LINK | ALTCOINS | Chainlink pushes towards 40$Link has seen some great increases after another bump on BTC.
It's likely that this will lead to another mini-cycle, and push the price of Chainlink even higher towards 40$ which is the next major resistance mark.
I'm especially optimistic for Link and other alts once Ethereum has made a new ATH. More on that thought here:
_____________________
BINANCE:LINKUSDT
#LINK/USDT Ready to go higher#LINK
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 28.14
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 29.00
First target 30.30
Second target 31.80
Third target 33.50
Chainlink LINK/USDT: SHORT, Bearish Divergence Detected.Leveraging our Adapted RSI w/ Regime Detection we can easily identify this bearish divergence alongside the weekly rsi signal suggesting Sell.
Whilst higher timeframe orderflow is still bullish upon retest of $22-$23 - I would keep a close eye on intraday order flow heading into early this week as we have important economic data, notably BOJ policy rates decision later in the week, which implies increased volatility and likely, manipulation.
Rising Demand for ChainlinkThe team behind the World Liberty Financial (WLFI) crypto project has acquired Chainlink (LINK), which has piqued the interest of the crypto community. Currently, their portfolio includes 4 cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Chainlink (LINK), and Aave (AAVE). World Liberty Financial purchased LINK tokens at an average price of $24.2. You can use Etherscan or other services to check the composition of their portfolio. Their wallet address is 0x5be9a4959308a0d0c7bc0870e319314d8d957dbb.
Bitwise Asset Management has filed an application with the U.S. Securities and Exchange Commission (SEC) to launch the "Bitwise 10 Crypto Index ETF", an exchange-traded fund that includes ten cryptocurrencies. Chainlink (LINK) is also part of this fund. Here’s the full list of cryptocurrencies in the ETF:
Bitcoin (BTC)
Ethereum (ETH)
Ripple (XRP)
Solana (SOL)
Cardano (ADA)
Avalanche (AVAX)
Chainlink (LINK)
Polkadot (DOT)
Bitcoin Cash (BCH)
Uniswap (UNI)
There is no certainty that their application to launch an ETF will be approved by the Securities and Exchange Commission (SEC). However, the fact that they have included Chainlink in their list of ten cryptocurrencies suggests that Bitwise Asset Management is optimistic about the prospects of this blockchain.
That’s not to say that Chainlink is a useless project only used for Pump & Dump schemes. Yesterday, it was announced that the cryptocurrency exchange Coinbase is integrating Chainlink’s CCIP technology. CCIP is a protocol that allows different blockchain networks to communicate with each other, enabling the transfer of assets, data, and functionality between chains.
Brazil’s central bank is working on creating a central bank digital currency (CBDC). In a press release on November 19, the central bank of Brazil announced that it has chosen Chainlink for this task. If Brazil achieves the desired results, it could lead to other countries’ central banks also choosing to use Chainlink.
Technical Analysis
The falling wedge pattern may cause the price of LINK to rise to $45.
LINK/USDTKey Level Zone : 27.10-27.91
HMT v1.0 detected. The setup looks promising, supported by a previous upward/downward trend with increasing volume and momentum, presenting an excellent reward-to-risk opportunity.
HMT (High Momentum Trending):
HMT is based on trend, momentum, volume, and market structure across multiple timeframes. It highlights setups with strong potential for upward movement and higher rewards.
Whenever I spot a signal for my own trading, I’ll share it. Please note that conducting a comprehensive analysis on a single timeframe chart can be quite challenging and sometimes confusing. I appreciate your understanding of the effort involved.
If you find this signal/analysis meaningful, kindly like and share it.
Thank you for your support~
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Chainlink (LINK): Massive Inverse Head and Shoulders on Weekly
🔥 Chainlink (LINK): Massive Inverse Head and Shoulders on Weekly Chart! Bullish
Chainlink (LINK) is showing a textbook inverse head-and-shoulders pattern on the weekly timeframe—a classic reversal pattern signaling a potential long-term bullish.
📊 Bullish Breakout:
Volume Surge: A breakout accompanied by high volume strengthens the signal.
This rally could act as a stepping stone toward retesting its ATH of $52
⚡ Macro & Fundamentals:
Chainlink continues to lead the oracle space with increasing adoption, staking developments, and real-world use cases. Combined with a technically strong pattern, this positions LINK as a major contender for the next big leg up in the crypto market.
⚠️ Disclaimer:
This analysis is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are volatile, and you should carefully assess your risk tolerance before entering any trade. Always do your own research and trade responsibly.
Link long ideai really like link here, been long since last night on it at 24.50 and and 26.67 but got stopped out all of them at 29.22 last night. i was thinking we tap 30 for sure but i shouldve known that was a explosive move and needs to come back to breath.
i want link to come down to 27-26.50 for a HEALTHY retrace find buyers again and then make our way back to 30-31 range!!!
SCRAPING THE PROFITS | %250 DAILY VOLUME SPIKEMy last Link trades,
All 3 worked like a charm and now let me cook again for you.
Blue boxes will be valuable if we come back.
If we go up hard without coming back, range high area (26.89$) will be valuable.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
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Crypto Pick of the Day: LINKUSDT (Spot)🌟 Crypto Pick of the Day: LINKUSDT (Spot)
Market Overview:
LINKUSDT is positioned for a strong rally on the D1 timeframe, as it establishes a new peak following an extended correction phase. This marks a prime opportunity to capitalize on the bullish momentum and ride the next wave of growth.
Trade Plan:
📌 Entry: $28 - $30 – A key accumulation range to enter before the breakout.
🎯 Target: 100% profit – Doubling your capital as LINK reaches its next high.
⏳ Horizon: Max 1 week – A focused short-term play to secure profits quickly.
About My Indicator:
I use RainBow MG3, a custom tool designed to track new peaks and high-probability setups on D1 cycles. This ensures optimal entries during critical market shifts.
👉 Curious about my tools? Reach out for more information!
💡 Disclaimer: Not financial advice. Always do your own research.
CHAINLINK — 2024-5CRYPTOCAP:LINK The standard for onchain finance
The Chainlink standard continues to see adoption across the tokenization landscape, with recent developments in Q3 underscoring how Chainlink’s decentralized infrastructure plays a pivotal role in enabling smart, scalable, and secure tokenized real-world assets (RWAs). Companies such as 21Shares, Lympid, Superstate, and Sygnum are leveraging Chainlink services like Data Feeds, Proof of Reserve (PoR), and the Cross-Chain Interoperability Protocol (CCIP) to bring critical onchain transparency, connectivity, and real-time data to tokenized assets, including U.S. Treasury bonds and Ethereum ETFs. These integrations provide verifiable, onchain asset backing, which enhances user trust and facilitates the growth of decentralized finance (DeFi) applications such as collateralized lending and automated asset management. Chainlink’s infrastructure continues to enable firms to set new standards for transparency and reliability in both traditional and decentralized finance.
ChainLink High Targets: The 2025 Bull-Market Exposed!LINKUSDT (ChainLink) is trading at its highest price since January 2022, three years ago. The action on this pair is 100% bullish and it is amazing. Trading volume is still relatively low which tells us that this is only the start of a major bullish phase.
The action is happening above previous resistance (now support). This week, LINKUSDT wicked lower, a very long lower wick, and the action is now full green trading near the top of the range. This is ultra-bullish. Bears showed up but all the selling was consumed by hungry bulls. There is lots of interest and demand. People are ready to buy to hold long-term and to secure profits on the way up. The market is bullish. The Altcoins are bullish and people know it. Nobody wants to sell, everybody wants to buy and hold.
➖ ChainLink High Targets
Where is this market headed?
How far up can it go?
The immediate resistance stands between $32 and $35. This is the next level to be tested as resistance on the way up. ChainLink will continue growing. It will grow and grow and grow. Any stops, periods of rest, should be bought. Any stop is only momentary before additional growth. It can go on and on and on... More than anything you can expect. When the market is bullish it moves; it moves fast, it moves strong and it keeps on going with no corrections nor retrace. Plan ahead.
The level that follows is $47 and $53. The ATH and 2.618 short-term fib. extension. This is followed by $61. So we go first we $47 and then $61 as the main resistance levels on the way up after the immediate resistance is conquered.
$64, $71, $75... These will be easy to cut through, but it will require some consolidation as we are now looking at long-term targets when we go higher. After $61, we are aiming for $82 as the main resistance level, a major ATH and there can be a stop at this point, but not the end. Based on how the other pairs are moving, based on how strong Bitcoin is, the bull-market will continue and we have plenty of time in 2025 for this bullish action to unravel.
After $82 we have $100 and this is a psychological level, we will be in a different world by then. We will have a full-blown bull-market; joy, excitement, euphoria but still, not the end. LINKUSDT is likely to continue up, the main resistance as a new ATH pontetial in 2025 sits at $130. This level is really strong. We will track this pair (market) and the others and see how it all goes. The market will give us all the signals we need. Based on these, we can determine if the bull-market ends at $130 or if it will go higher... Right now, we continue aiming higher but it is too early, we don't have enough data. The data that we have is ultra-bullish, extremely bullish, favorable conditions and for this reason we say up, but later down the road, we will know based on price action and we won't have to speculate anymore. Right now? Buy and hold. It is the best strategy because it is still early, it is still 2024 and the market will continue to grow.
Did you get the bottom together with us?
Were you looking at the chart in "those early days"?
I am talking about August, September, October 2024... After November 2024, the market went bullish, the start of the initial phase of the bull-market, a major bullish wave.
This is only the beginning.
It is good. It is awesome, it is great. But this is not all.
Prepare for the best ever... Cryptocurrency is the future of finance.
Thanks a lot for your continued support.
Namaste.