LINKUSDT trade ideas
link has been distributing chips and has refused to break througlink has been distributing chips and has refused to break through the upper edge twice.
Link wave 5 in or coming?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
BIST:LINK update. 🧵
In @ 13.92, TP.
Thinking #Elliottwave sideways possibility since the price got up here.
I also know sideways can be tricky.
Trading tricky is tricky.
There are ways to minimize getting chopped.
2 W5 coming counts, if It's not in already...
New high=clarity
Chainlink (LINK) Poised for Further Growth
Despite Bitcoin's recent correction, BIST:LINK maintains a positive market stance, continuing its upward trend. Currently, its price hovers near the resistance area of $15.9–$16.5.
A successful break above this resistance could lead to seller reactions in the $17.10–$17.65 range. A breach of the $17.65 level might propel BIST:LINK to as high as $20, a price point not seen in the past eighteen months.
In a less likely correction scenario, BIST:LINK could retreat to support levels at $14.4–$15, $13.5, and down to $12.25–$13. A major downturn would only be triggered by a substantial Bitcoin correction and BIST:LINK 's price falling below $10.
LINK/USDT 4HInterval ChartI invite you to review the LINK chart on a four-hour interval. As we can see, the price has overcome the downward trend lines, but currently the blue lines mark the upward trend channel that the price has created with upward movements.
Let's start by laying out the Fib Retracement grid, which will help determine price support points, and we can see that first we have support at $14.80, and then we can see a strong support zone from $13.10 to $12.20.
Looking the other way, we can similarly determine the resistance areas that the price must face. And here you can see the price approaching a strong resistance zone from $16.48 to $17.64. If the price breaks out of this zone and tests it positively, we may see increases towards the resistance level of $31.
Please look at the RSI indicator because you can see that we are approaching the upper limit, but there is still room for further increases. However, the STOCH indicator shows an increase to the upper limit, which limits the upward movement and may result in a price recovery.
LINKUSDT 1h short idealink has hit a resistance of $16 where will see a drop to 13-14$ levels in the upcoming days.
3 drive 1h pump for a nice dump to our golden 0.5 fib - 14.200
Link 1HMarketidiot
@Marketidiot1
·
Jan 17
Link 1h... small with low leverage short scalp. Careful now.
Link dailyLink 1D... i believe the rule is 65 periods for a valkid H&S. Inverted in this case...potentially. Something to consider.
$LINK ShortingI believe the fifth wave has arrived.
If this whole rise is pointing to a 1st wave or a B wave, the correction will come.
I got a trade close to 1 R.
LINK - Sweep The Highs, Then The Lows ,Then Up.#Link
Another beautifully deceptive flag that sweeps the highs then down to the lows, perfect for milking emotional retail.
Another time based flag whipsawing fear into the leverage, cheek clinching group of retail Traders. First convince them to long then to short, then up.
Sweep the highs -> sweep the lows -> grind up past support -> bounce off heavy support -> Up
LINK / drop warning??The link hit an important resistance area
Then it started to fall strongly
If the bullish channel breaks :
It can start a new DROP
The targets are shown in the figure
Do you agree??!
Above 8% long positionHello
It seems like the trendline has been broken and there is a possibility of a significant uptrend of around 8% shortly.
CHAINLINKChainlink occupies a significant role in the crypto space because it bridges the gap between the secure but isolated world of blockchains and the dynamic realm of external data. Here's how its importance unfolds:
Connecting with Reality:
1. Smart Contract Enabler: Blockchains alone can't access real-world data like weather, prices, or APIs. Chainlink serves as a decentralized oracle network, enabling smart contracts to interact with this external information. This empowers smart contracts to trigger actions based on real-time events, unlocking possibilities like automated insurance pay-outs or dynamic lending rates.
2. Decentralized and Secure: Unlike centralized oracles vulnerable to manipulation, Chainlink relies on a network of independent nodes called oracles to source data. This decentralized approach fosters trust and eliminates single points of failure, boosting the security and reliability of data feeds.
Enhancing the Blockchain Ecosystem:
1. Fueling DeFi: Decentralized finance (DeFi) applications like lending protocols and exchanges hinge on accurate and timely data. Chainlink plays a crucial role in powering these applications, ensuring efficient lending rates, automated collateralization, and seamless token swaps.
3. Expanding Use Cases: The potential of Chainlink extends beyond DeFi. It facilitates diverse applications like supply chain management, data marketplaces, and even blockchain-based gaming by providing verifiable real-world data and triggering actions based on pre-defined conditions.
Overall Significance:
1. Unlocking Real-World Potential: Chainlink acts as a key intermediary, breaking down the walls between blockchains and the outside world. By enabling smart contracts to respond to real-world events, it opens doors for innovative applications and expands the scope of what blockchains can achieve.
2. Building Trust and Transparency: In an industry plagued by centralized control and lack of transparency, Chainlink's decentralized approach offers a breath of fresh air. By democratizing access to data and providing secure oracle solutions, it bolsters trust and transparency in the crypto space.
Chainlink does not have much competition despite the role it plays in the DeFi space.
The price is currently at a HIGH-RISK ACCUMULATION ZONE. A break-out is possible in either direction. We are looking at a retest entry if the price falls lower at around the 52-week Moving average or within our LOW RISK ACCUMULATION ZONE.
LINK hold above $14Link needs to hold above $14 and we can see $20s. We are looking for High Time Frames, and alot of support is being built up around these prices points
LINKUSDT_N14LINKUSDT
En: 14.527-14.255 (Two positions)
Sl: 13.599 (1% of your balance)
Tp: 16.028
Cancel if Tp crossed without opening
#45Min_trade
#N14
Bullish on ChainlinkWith the flow of capital into bitcoin from institution it is expected for these funds to facilite growth in the DeFi sector. Can expect critical DeFi infatuate projects to gain from a potential altcoin rally looming,
Analysis LINK/USDT Look carefully at this analysis. You quickly find out that the price moves in a fixed structure. This has to do with support and resistance. Recognizing the loss and gain of levels is very important. Learn to recognize this early. This way one gets a slight advantage over the rest.
Intraday Trade with a high Potential on LINKUSDTSeized the opportunity with Stochastic RSI, meticulously analyzed across 11, 21, 31, 51, and 101 lengths, guiding our intraday strategy on the LINKUSDT pair
MEXC:LINKUSDT.P
Link Tokenization Narrative pushed by BlackRockBIST:LINK has good chances of running into ~40$ area within the next 3 months.
Pro's
1. Time and Time again Link outperformed when there is consolidation in the markets which most likely we are going to have until the halving.
2. Whole stonk tokenization narrative seeded by BlackRock CEO (they most likely have substantial bags they have to unload)
Link shortLink short idea, 2% invalidation. Will look to use this as a hedge for longs at lower prices. invalidation is simple with closures above the level indicated as it would be looking to flip the gp.
