LINKUSDT.1DBased on the given market data, the LINK/USDT pair is currently priced at 19.94 USDT. The Relative Strength Index (RSI) over 4 hours is 53.49, which is a neutral position and doesn't indicate overbought or oversold conditions. The Moving Average Convergence Divergence (MACD) for 4 hours is 0.043, suggesting a slightly bullish sentiment. The Bollinger Bands (BB) for 4 hours is at 20.85, indicating that price volatility is relatively normal.
The support levels for 4 hours are at 19.230, 18.800, and 17.529 USDT, while resistance levels are at 20.85, 21.0, and 21.600 USDT. These are the price levels to watch for short-term trading.
On a daily basis, the RSI is 72.19, indicating overbought conditions and suggesting a potential price correction. The MACD is 1.185, again indicating a bullish sentiment. The support levels for a day are at 18.700, 16.700, and 15.400 USDT, while the resistance levels are at 21.700, 24.500, and 26.100 USDT.
On a weekly basis, the RSI is 77.38, suggesting the market is overbought and there could be a price drop. The MACD is 2.549, indicating a strong bullish sentiment. The support levels for a week are 14.560, 12.0, and 9.080 USDT, while the resistance levels are at 21.700, 26.100, and 28.800 USDT.
In conclusion, the LINK/USDT pair is showing a bullish trend in the short term, but the overbought conditions on a daily and weekly basis suggest there could be a potential price correction. Therefore, traders should be cautious and consider taking profits or setting stop-loss orders to protect their positions. As always, it's essential to consider other market factors and news that could influence the price.
LINKUSDT trade ideas
Chain Link Always Recover After the BTC Dump Link toke all Liquidity below the Lower Lower in 4 H time frame Structure
, if it accepted back to the Horizontal range this will be Bullish For Chainlink if not then we might visit the 12 $ Area again
Long From here with Stop loss below the liquidity area which has been taken. 12.200 $
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Chainlink(LINK): Will or When We Short?Chainlink caught our attention as well, with some decently high potential for the reverse to happen soon!
We are monitoring the coin after multiple BOS and FVG zones are left on the lower zones, which are waiting to be filled.
As the price had a nice breakup at $17.10, we are looking for that same sentiment to be re-tested.
So we shared two potential entries for a short position here; now starts the waiting game.
Swallow Team
Chainlink ($LINKUSDT) Wholesale Bargain?? or Retail?Imagine yourself wandering through a vibrant crypto marketplace, scanning the digital shelves where prices oscillate between $32 to $36 for regular buyers and drop to $12 to $18 for bulk purchasers. These price fluctuations are reminiscent of the retail and wholesale sections in a bustling store.
Now, let's decrypt this shopping narrative into the realm of crypto trading, focusing on Chainlink ( BINANCE:LINKUSDT ). The retail price range mirrors its standard market value, while the wholesale segment symbolizes discounted prices.
Picture stumbling upon a clearance rack in the wholesale section, marked with discounts indicating stocks trading below their intrinsic value. This echoes finding Chainlink with an RSI below 30, signaling it's trading below its perceived worth.
In simple terms, an RSI under 30 suggests Chainlink may be oversold, just like finding a deeply discounted item in the wholesale section valued far beyond its price tag.
Just as savvy shoppers hunt for deals, smart investors spot opportunities to acquire Chainlink at wholesale-like prices, leveraging its potential despite market volatility.
In essence, understanding the dynamics of retail versus wholesale strategies helps navigate the crypto space, uncovering undervalued assets like Chainlink.
Join the discussion! How do you perceive Chainlink's position in the crypto market? Share your insights below!
Link Elliott Wave impulse ending!?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
#LINK update 🧵
Impulse coming to an end?|
Got the 1D and 4H here.
Some clues, no confirm.
Triggered in at STF, for a short.
Most important levels for me, atm.
16.68 breach kills W5 impulse, AL.
17.98 breach impulse at STF complete.
#Elliottwave #Elliotwave #Chainlink
Link has formed a Bullish FlagLink has formed a Bullish Flag, I expect that it continues to go up soon.
🔵Entry Zone 19.421 - 19.714
🔴SL 19.064
🟢TP1 22.000
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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LINK/USDT 1DInterval ChartHello everyone, I invite you to review the one-day chart, LINK in pair with USDT. We will start by defining the main downward trend with the yellow line, then it is worth defining in blue the downward trend channel, which gave a dynamic upward trend for the price, which allowed the price to overcome the main downward trend, while creating a dynamic upward trend line.
Now, when we unfold the Fib Retracement grid, we can see how the price is struggling to positively test the resistance zone around $19, if the test ends positively, we can get a new upward movement towards the resistance level at $26.47, and then an important level which we should take into account is the level of $40.39.
Looking in the other direction, it is equally important to identify potential price support points. And here the level of $14.86 is significant, which should keep the price from falling to the next support levels at $10.97 and then to the price of $8.26.
Please look at the RSI indicator, where we can determine the downward trend line from which we can see the indicator bouncing again, there is also a lot of room for a potential recovery. However, the STOCH indicator shows that we were moving towards the upper limit, which resulted in a rebound with room for a larger move.
ChainLink The Great AccumulationHello dear traders! If you like my graphics, please use Like button 💙💛.
There exists a potential scenario wherein COINBASE:LINKUSD could undergo a substantial x4.6 surge between late 2023 and early 2024.
In the chart provided, you can observe the accumulation pattern, with the price action mirroring it remarkably accurately.
What strengthens this possibility is the ongoing robust accumulation phase that has been in progress since April 2022, spanning nearly 500 days.
The possibility of growth for this currencyIt is in an upward trend, but now it has faced a divergence in the daily time, so the possibility of price correction to the bottom of the ascending channel in the daily time will not be far from expected.
The important ranges of support and resistance for this currency have been determined in daily and 4-hour time.
If the Link currency can stabilize itself above $20, in the first step, it will be possible for this currency to grow up to 30%.
🚧Link is Bullish now🚧 & many Traders don't see it 👀!!!Hi.
- COINEX:LINKUSDT Is in a Bullish flag Pattern! we Can Expect a Bullish Movement as much as the Measured Price movement ( Flag pole ) to happen!
- COINEX:LINKUSDT broke out of the bullish flag and now testing the major supply zone around $18$.
The Flag Is Broken
- Break above the one will lead to more rally 📈
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⚠️ Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
$LINK Steady Grind Up, Next Opportunity Coming.This Link chart is not something new from me, some time ago I showed you this accumulation range that lasted some 500 days.
Now Link has broken out of the accumulation phase and entered expansion.
What does this mean?
It means Link will sustain a steady grind up with tight, shorter consolidation ranges until the next macro correction like we just some last month or two. It will be difficult to get involved with any serious size, confidently.
My strategy?
Train1 has left the station from accumulation and train 2 has left from the most recent macro consolidation. Therefore I will wait until the next clear high to be printed and macro consolidation range to set it, it will be clear.
Green candles will turn into red candles. Range high and range low will appear.
Link is currently in the next 'lead up' phase in the green box in my opinion. Could slice straight up, could come straight back down, so why but in thin air?
You yourself know in your gut where a good entry is, trust your gut sometimes and be patient.
Vatsik
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.