LINKUSDT............................................................................................
LINKUSDT trade ideas
Link attempting monthly resistance againLink is taking a third shot at breaking the monthly resistance. With the CPI print and overall bullish trend I expect this to flip to support. These are the types of longs I like to take, longer time frame breakouts on reversals or weekly/monthly resistance breaks on positive market sentiment.
Link to sink to <$10On the above 2-day chart price action has rallied 225% from the June lows. A number of reasons now exist to be short. They include:
1) Price action and RSI support breakouts.
2) Regular bearish divergence.
3) Past support confirms resistance.
4) The recent published ideas on tradingview.com. The herd are more bullish than a bull on steroids who has just returned from a restful 2-week vacation.
Is it possible price go up further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: You decide
Short entry: $17
Stop loss: Will say elsewhere
Link, long with target x2 from this priceLink is in 4th correction wave and is ready for a run up expectedly x2 from this price
LINK Short setupChainlink is still trading under important trendline. I expect a retest of it, a range, and next we can see a rejection and a drop till new local lows. Actually i am out of this coin, waiting to enter short
Link , up and down scenario Link , up and down scenario
We got an Uprising channel in 15m timeframe
As you may see the yellow box is important area ... so lets see which gonna happen
1. Blue route with hitiing the lower channel line then break the yellow box and a light pullback on it and then goes for the channel roof
2. Red route by hitting the yellow box and breakout the channel with a pullback to the static box and then drop to 14.5
LiteCoin(LINK): Waiting For Perfect Entry! Linkcoin is another one that caught our attention with its amazing moves. After that huge bullish movement, the price just keeps getting and braking higher highs. With that being said, we see a nice potential for more further movement to the upper zones and then a nice movement to the lower zones, potentially reclaiming a few broken zones that haven't been retested yet.
LINK → Chainlink Teacup and Handle Bull Pattern!? Let's Prepare!Chainlink is knocking on the door of the Resistance Zone and forming what appears to be a teacup and handle bull pattern! Do we long now? What should our signal to enter a trade be?
How do we trade this? 🤔
Link completed its measured move up to the resistance zone, pulled back, and made another attempt to breach the $16.30 price but failed. If the teacup and handle pattern is truly playing out, we should be witnessing another weaker pullback to somewhere around the $14.30 price area (30EMA). If the price bounces at the 14.30 area, we may in fact be looking at a breakout of the Resistance Zone.
So does that mean we long at the 30EMA? No. Because the probability of profit longing at a resistance zone is low. It's best to wait for the price to break the Resistance Zone, test it for support then long that support as depicted in my analysis. Until then, let's wait on the sidelines and see how this plays out!
💡 Trade Idea 💡
Long Entry: $18.30
🟥 Stop Loss: $16.10
✅ Take Profit: $24.90
⚖️ Risk/Reward Ratio: 1:3
🔑 Key Takeaways 🔑
1. Measured Move Complete.
2. Price near Resistance Zone. Wait for More Price Action.
3. Teacup and Handle Pattern Playing out?
4. Long Setup, Wait for Bounce at 30EMA or Break of Resistance.
5. RSI at 60.00 and above the Moving Average. Bias to Long.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and comment if you found this analysis useful!
Chain Link Pump to $19 and then $24I think chain link will eventually break out of this ascending wedge pattern and head to $19, followed by a slight pull back then a pump to $24 in the near term. What do you guys think?
LINK / TRADE PLANS(SHORT TERM)I think it is BULLISH
TARGETS ARE SHOWN IN FIG...
Do you agree with ME?
Comment me
LINKUSD Bullish short term LINKUSD had broken out of triangle and is looking to reach the next resistance at 17.75. This analogy will most likely play out if BTC stays stable or goes up. Invalid at close 14.3
✴️ Chainlink Classic Flat (Irregular Correction 3-3-5)It seems people are complacent because Bitcoin is still trading above 40K... Here is the thing, when it changes it will happen by surprise, there is no time to act unless you are ready for the unexpected to take place.
Chainlink is the same.
Because prices are high and strong, it is easy to miss the bearish signals that are starting to show up.
Bear volume going high... Bull volume going low.
Very strong red days and already trading below EMA21.
Based on EW Theory, this is a Flat or Irregular Correction.
It is "irregular" because wave b ends up as a higher high compared to the start of wave a.
The count goes 3, 3, 5 and after the correction is over, up again for months on end.
Chainlink grew since June more than 260%.
MA200 was conquered as resistance and now this level needs to be tested as support, to see if it will hold or will it break?
Regardless if it breaks or holds, the level needs to be tested, so we can expect a drop towards 9 before anything new can show on this chart.
The fact that people are complacent is a bearish signal.
People are never complacent at the bottom, always at the top.
When the "pop" happens, it is panic time... FOMO.
Sell everything... What is happening?! Nobody could predict this... What is going on!!!
Plan ahead of time.
Yes, hope for more, for higher prices... Hope for the best, yes!
But, prepare for the worst.
Namaste.
LINKUSDT is BearishLINK has broken the trend line which was holding from past 25 days, moreover the bearish RSI divergence also appeared and is currently playing out. First lower high is printed and more are expected to follow. Targets are mentioned on the chart.
LINK - Time to new ATH !After April 18, 2022, the link started to close above the 13.76 level. Then it's time to start searching for new peaks!
Added to spot wallet!
🔗(LINK):Strong Support,Oversold Stoch RSI,& Potential ScenariosAn analysis of Chainlink (LINK) highlights a strong support area, oversold Stoch RSI, and potential scenarios, offering insights for market participants.
Key Insights:
Strong Support Zone: The range of $13.50 - $15.00 is identified as a very strong area of support for LINK.
Ascending Support Line: The ascending support line from mid-October aligns with the $13.50 - $15.00 support zone.
Oversold Stoch RSI: LINK's Stoch RSI is noted as oversold, indicating a potential level of interest for investors.
Potential Scenarios:
Stabilization Scenario: If the price stabilizes in the support zone, a potential test of $17.00 - $18.50 is anticipated.
Breakdown Scenario: Breaking both the $13.50 support and the daily support line could lead to a move to $9.80 - $11.50.
#Chainlink #LINKUSD #CryptoAnalysis
$Link To the moon SOON!If in the next few days BINANCE:BTCUSDT reaches above 32,000$ and stabilizes above this price, then the following scenario seems extremely bearable for this Wonderfool BINANCE:LINKUSDT : breaking the 1.5-year price box and price flight towards Fibonacci levels.
2X in every Target!
Beware this is a long term Target!
TWO entry (LINK)❤️❤️Thanks for boosting 🚀 and supporting us!
📈
1- I if break resistance = Entry trigger or buy stop.
2- back to break trendline = limit buy.
🔗 For more communication with us, In the footnote and send a message in TradingView.
👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
LINKUSDT at monthly resistanceLINKUSDT has hit the monthly resistance MR1 and the upward move has been blocked by the monthly resistance MR1. The price attempted this resistance a few weeks back and got rejected. However, it made another attempt last week only to result in being pushed down. The price is currently trading just below the monthly resistance. Once this resistance is cleared in coming days, the next target would be monthly resistance MR2 which is sitting around 27-30.6. Looking at the price action, it seems that the price will break this in coming days and head towards MR2.
LINKUSDT --- DOUBLE TOP LINKUSDT is appear double top so proper analysis here you can open your short position by sell order type order
