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ChainLink / TetherUS

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LINKUSDT trade ideas

LINKUSDT.P Prediction (1W, 1D, 2H)My prediction for LINKUSDT.P is that the price will climb up to 18.337. I observed three different zones based on the past data in the 1D chart that might possibly cause some reactions during the uptrend. Our perfect entry point would be where we see that the price bounces back up after it drops down to the point where the bottom trend line and the bottom line of Zone 3 converge, thus confirming that Zone 3 is still valid to this date. Even if they don't coverge perfectly like we wish them to be, if we see the price bouncing back up after reaching the bottom line of Zone 3, this would be a valid entry point. Same goes for the Zone 2 and Zone 1: if we see the price bouncing back up after reaching the bottom line of each zone, this will be our entry point. If the bottom line of each zone and the bottom trend line converge, this would make a perfect entry point. These are another good examples of valid entry point.
Long
by QJEEE
Brace for a Potential Thrill Ride Down to $11.785 for LINKLINK seems to have established a peak and may be at risk of dropping below the $14.825 support level in the next few days. Supporting this bearish outlook is the daily Moving Average Convergence Divergence (MACD) and the daily Relative Strength Index (RSI) indicators. Over the past 48 hours, the daily RSI line crossed below the daily RSI Simple Moving Average (SMA) line. This signals that sellers have gained the upper hand on LINK’s chart, and may continue pushing the altcoin’s price down in the short term. Meanwhile, the daily MACD line was closing in on the daily MACD Signal line. This could be an early indication of LINK’s positive medium-term trend undergoing a bearish reversal in the next few days. Should these technical flags be validated, LINK could fall to as low as $11.785 in the next couple of days. A potential confirmation of this bearish thesis will be when LINK breaks below $14.825. Conversely, the altcoin remaining above $14.825 for the next 48 hours could invalidate the bearish thesis. In this scenario, LINK may climb to as high as $17.150 in the short term.
Short
by StevenWalgenbach