Get started

LINK / UST

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

LINKUST trade ideas

LINKCrypto market has erupted from its sideways period. Bitcoin pushing all-time high and many altcoins following the trend. Almost all coins are having significant move. LINK can be one of many altcoins with solid fundamental. It covers some of trending crypto narratives that include Defi and RWA. LINK is also operating through many collaboration around the globe. Price action wise, it is pretty simple. Breaking out from its trend line with supporting volume. Watch $30. SEND IT
Long
by HandyLim
3
LINK trade setupWeekly analysis BINANCE:LINKUSDT was one of the winner of 2021 bull run. After a 90% decrease since the last ATH, LINK built a strong and clear horizontal range which was broken in Octobre 2023 with a strong 300% upward movement. This proves the coin is still under investors' radars. Current situation Since this last Octobre surge, LINK has been consolidating and is now forming a reversal pattern just above the previous range resistance. This pattern seems to be coming to an end (ABCDE waves) with the current attempt to break out. Strategy Buy signal on the clear breakout and daily close above the 12,40$ horizontal resistance line. Objective 1: Next resistance 15$ (+15%) Objective 2: Last swing high at 22$ (+70%) Objective 3: ATH area at 35$ (+170%) Invalidation Mental Stop: just below the latest move upward at 12$ which would invalidate the breakout attempt. This setup proposes a nice Risk Reward ratio. If prices retrace to this stop level we will wait for the weekly closing price then set a Stop loss ¼ or Risk below the weekly close price. Risk = Distance between Mental stop and entry point.
Long
by pollux3000
LINK to $17.50ish, then re-evaluateWe see that we broke out of a descending trend we had since March, we had an ascending channel that put us on the right track and once we passed that 200day moving average, we launched through the top of that ascending channel. We can see its consolidating on top of what is now looking to be support. It is possible that this could take well into next year to reach taht $17.50 target but the longer it takes the higher it will be since its an ascending trendline. But the way crypto has been popping off, I suspect it will be much sooner. Once it gets here we would need to reasses, pullback is very possible but we could see consolidation just under and a push through, but even $17.50 from current $13.85 is not bad. Also Link is a good project I have followed for a while. A decentralized hub for data and data processing, but really right now I am just looking at the charts. I like holding some things long and having trading money separate, never touching the long holds. Right now the market has a lot of opportunity to favor an agile day trader. This is not investment advice and day trading is risky and can lead to all kinds of, make you sad, losses. Its like gambling, they tell you only bring to the table what you can afford to lose. I will try to point out some other alts that look primed as well but I have a busy schedule and do this when I can. There seems to be a lot to watch right now, and we are seeing 50%+ runners again, like Propy today. Stay vigilant.
Long
by EncryptShawn
Professional Analysis of Chainlink (LINK) on the Weekly TimeframOn the weekly timeframe, Chainlink has completed its 4th wave correction and is now forming the 5th wave of its bullish trend. Based on Elliott Wave analysis, the price is in the support zone between $12 and $16, and once it stabilizes above $16, a strong upward movement is expected. 🔑 Entry and Exit Points: Entry Point: After price stabilizes above $16 and a bullish candlestick is confirmed on the weekly timeframe. Price Targets: Target 1: $80 (400% gain) – You can take partial profits here and move your stop loss to the entry point. Target 2: $180 (1000% gain) – Ideal for final exit or reducing position size.
Long
by arzdigitalistha
1
CHAINLINK ready for the RUN! On the 3D chart, we have: Breakout on the Trendline. Breakout on the RSI. Breakout on the SMA 200. And a Golden Cross. You can´t get more bullish signals if you want, but it doesn´t mean that in the short term we can´t take a correction. If we get it,The Pullback is a BUY. Fundamentally as I think we are in the year 1999 for Internet but for crypto now, BINANCE:LINKUSDT is one of those that has value. There are not many of them. Selling is a must during this Bull MKT top.
Long
by PickleBiit
LINK | The flag to end all flags. 100% GAINThis idea is straightforward and builds on previous analyses. Chainlink (LINK) has been consolidating within a bull flag pattern for nearly nine months, recently confirming major support levels established during the bear market. As observed with several other altcoins, LINK is retesting the upper range of its bear market accumulation levels while maintaining a robust market structure. It's been several weeks since LINK last touched the $8.15 mark, further demonstrating its resilience within the flag. Provided LINK holds its trendline support within this formation, I believe it presents a strong opportunity for portfolio inclusion at this time.
Long
by MilkLover69
LINK LONGLINK has a substantial long term potential, if you understand what the coin is about and its utility you will know what I am talking about. I like this trade due to multiple factors. The structure is similiar to many strong alts right now. Entry was determined by, a bullish 4h fvg a clear push trough ema levels (all) which I expect to reclaim as well as a weekly POC is likely to get reclaimed with sits near ema levels in addition with a fib level. And of course do not forget to dca your entries (hint: use ema and fib to your advantage, as well as LTF FVGs) OPEN TO CRITICISM AND NEW KNOWLEDGE FOR THE IMPROVEMENT OF MY TRADES NFA
Long
by cyro1337
LINK/USDT Breakout SetupLINK/USDT Breakout Setup 🚀 LINK/USDT is gearing up near a major resistance level, with potential for a breakout 📈. If the price breaks above this level and confirms it with a retest as new support, we could see a strong bullish movement follow 💥. 🔍 Key aspects to monitor: 1. Breakout confirmation: A solid close above the resistance level. 2. Retest: Look for the breakout level to hold as support. 3. Volume surge: Increased volume during the breakout can strengthen the momentum. ⚠️ Keep a close eye on this pair, but remember, this is not financial advice. Always DYOR (Do Your Own Research) before making any moves. 📊
Long
by Crypto-By-Ghazi
Chainlink Set to Surge As Chart Shows Bullish Breakout Incoming Chainlink ( BIST:LINK ), a prominent decentralized oracle network, is capturing attention with a substantial platform upgrade unveiled at the 2024 SmartCon event and a potential breakout from a powerful technical formation. Currently trading within a significant symmetrical triangle, Chainlink’s price trajectory could be set for a 50% surge, potentially reaching $15 to $20 if bullish sentiment continues to build. Key Developments in Chainlink’s Platform: Introducing the Chainlink Runtime Environment (CRE) At SmartCon 2024, Chainlink co-founder Sergey Nazarov introduced the Chainlink Runtime Environment (CRE), marking a significant milestone for the platform’s evolution. The new CRE aims to address the modularity and security demands of the rapidly evolving blockchain landscape. Through this upgrade, Chainlink ( BIST:LINK ) not only reinforces its place as a decentralized bridge connecting blockchains with real-world data but also enhances its flexibility and scalability for developers across diverse industries. CRE's modular and extensible architecture is a leap forward in design, allowing developers to integrate essential functionalities like on-chain data access and API interactions with ease. This is made possible through decentralized oracle networks that maintain a high-security environment, ensuring that each operation remains isolated and independently secure. This structure is particularly beneficial for industries such as capital markets, where complex data processing workflows require both security and adaptability. Additionally, the CRE upgrade supports a gradual, user-friendly transition for current users. This strategic rollout ensures that existing workflows are not disrupted while granting developers access to Chainlink’s advanced features and decentralized security measures. Through this innovative architecture, Chainlink ( BIST:LINK ) stands ready to scale interoperably across numerous blockchains, meeting the expanding demands of capital markets and Web3 applications alike. Chainlink's Modular, Composable Architecture: A Future-Proof Solution This latest Chainlink update introduced a modular, composable architecture across multiple chains. It allows developers to design solutions using standardized components and familiar programming languages, offering customization without the need to consider chain-specific constraints. This approach caters to the decentralized finance (DeFi) and capital markets sectors, where complex, cross-chain solutions are increasingly essential. Chainlink’s vision for CRE aligns with the needs of large-scale enterprises that require adaptable, multi-functional blockchain applications. By connecting smart contracts to real-world data, APIs, and payment systems, Chainlink provides secure, trustless communication between blockchain networks and external sources. This key upgrade underscores Chainlink’s dedication to expanding its platform to accommodate a wider range of blockchains while ensuring scalability and usability for developers. Technical Analysis From a technical perspective, Chainlink’s current trading pattern presents a notable opportunity. As of the time of writing, BIST:LINK is trading up by 2.12%, continuing to consolidate within a large symmetrical triangle. This pattern, formed when price movements become progressively tighter, typically indicates a potential breakout, either up or down. Given the current momentum, a bullish breakout could trigger a significant rally, with BIST:LINK possibly reaching the $15 to $20 range, marking an approximate 50% increase. Key indicators support this bullish outlook With an RSI at 58, Chainlink ( BIST:LINK ) is currently positioned to break out of the symmetrical triangle. The RSI in this range suggests potential upward momentum without being overbought, aligning with a possible breakout scenario. Additionally, the emergence of a three white crows pattern—a candlestick formation that signals a bullish continuation or reversal—reinforces the likelihood of a strong upward trend. Typically, this pattern appears after a downtrend or within a consolidation phase, signaling renewed buying interest and an optimistic market sentiment. If BIST:LINK successfully breaks through the upper boundary of the symmetrical triangle, the cryptocurrency could rally substantially. This price action could attract further interest from investors, amplifying Chainlink’s momentum and broadening its appeal. Conclusion With the unveiling of the Chainlink Runtime Environment, Chainlink ( BIST:LINK ) continues to position itself as a fundamental player in the decentralized oracle sector. This upgrade, aimed at modularity, flexibility, and cross-chain operability, has the potential to expand Chainlink’s impact on blockchain ecosystems and attract a more extensive developer and enterprise base. As Chainlink ( BIST:LINK ) hovers within its symmetrical triangle pattern, the market is eagerly awaiting a breakout. With supportive technical indicators and ongoing platform advancements, Chainlink holds the potential for significant appreciation in the near term, underscoring its evolving role in connecting blockchain applications with the outside world. Investors and developers alike will want to keep an eye on Chainlink ( BIST:LINK ) as it stands at the intersection of fundamental innovation and promising technical movement, positioning BIST:LINK for a potentially transformative future.
Long
by DEXWireNews
$LINKUSDT: Breakout Alert!BINANCE:LINKUSDT is currently forming a symmetrical triangle pattern on the chart, indicating a potential breakout. After an extended consolidation phase, the price action suggests that LINK may be on the verge of a significant move. Traders should monitor key resistance and support levels as the price approaches the apex of the triangle. A confirmed breakout above resistance could signal a strong upward trend, particularly if it is accompanied by increased volume. This setup presents an exciting opportunity for traders, as a decisive break could ignite a substantial upward movement. With the potential for a powerful rally after a lengthy period of consolidation, now is the time to stay alert for breakout signals. Always conduct your own research and consider your risk tolerance before making trading decisions. BINANCE:LINKUSDT Currently trading at $12 Buy level: Above $12 Stop loss: Below $10.5 TP1: $13 TP2: $15 TP3: $19 TP4: $22 Max Leverage 3x Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
LINK Thesis AIAs a trader specializing in intraday scalping strategies for Chainlink (LINK), the current market conditions present a favorable opportunity to capitalize on short-term price movements. The current price of LINK is $11.9300, with a significant trading volume of approximately 159,930.5300. The long-short ratio indicates a strong bullish sentiment, suggesting that many traders are expecting the price to rise. Given the absence of current positions, this is an opportune moment to consider opening a long position. Data Analysis Open Interest: Steadily increasing, indicating growing market participation. Weighted Funding Rate: Currently positive, which is a bullish signal. Liquidation Levels: Relatively low, suggesting that there is not an overwhelming amount of leveraged positions that could lead to forced selling. Analysis: The increasing open interest and positive funding rate support the bullish sentiment observed in the market, while low liquidation levels provide a cushion against sudden price drops. Binance Data Trading Volume: Supported by a recent uptick in trading volume, crucial for scalping strategies. Market Sentiment: Leaning towards bullish, with many analysts predicting potential upward movement in the next few hours. Expert Predictions: Suggest LINK could see a price target of around $12.5000 if the bullish momentum continues. Key Levels: Resistance: $12 Support: $11.6700 and $11.4100 Analysis: Experts emphasize monitoring key resistance and support levels and considering long positions as LINK approaches these levels. Circulating Supply: Approximately 1 billion LINK tokens. Market Capitalization: Approximately $5.2000 billion. 24-Hour Trading Volume: $1,599,305.3000, indicating strong trading activity. Analysis: The robust trading volume and stable market capitalization support the bullish outlook for LINK, as increased trading often correlates with price movements. Sentiment Analysis Sentiment Score: 75%, indicating a predominantly positive sentiment towards LINK. Top Crypto Sentiments: Majority of social media discussions lean towards bullish predictions. Implications: Aligns with technical indicators and financial data, reinforcing the case for potential long positions. Technical Analysis RSI (Relative Strength Index) Value: 57.4100 Interpretation: Indicates a neutral position, neither overbought nor oversold, suggesting potential for upward movement. MACD (Moving Average Convergence Divergence) Status: Positive, supporting the idea of upward momentum. Stochastic Indicators Status: Favorable, suggesting potential bullish momentum. Moving Averages 20-Day and 50-Day Moving Averages: Price is currently above both, reinforcing the bullish trend. MA20: $11.8000 Price Positioning Support Levels: $11.6700 and $11.4100 Resistance Level: $12 Analysis: The price is consolidating around the support levels. A break above the resistance level of $12 could signal a strong upward trend. Bollinger Bands Current Position: Approaching the upper band, indicating potential resistance at $12. Implications: A breakout above this level could lead to further gains, while failure to break could result in consolidation or pullback. Summary The current market conditions for Chainlink (LINK) indicate a bullish trend supported by increasing open interest, positive funding rates, and optimistic market sentiment. Technical indicators suggest potential upward momentum, with key resistance levels at $12 and support levels at $11.6700 and $11.4100. The significant trading volume and positive sentiment from both analysts and retail investors reinforce the potential for short-term gains through intraday scalping strategies. However, maintaining vigilance is crucial as technical indicators like RSI approach neutral levels, which could lead to a pullback or consolidation. Trade Recommendation Outcome: OPEN_LONG Confidence Level: 85% Current Price: $11.9300 Stop Loss: $11.6500 Take Profit: $12.5000 Exit Point: $12 Entry Criteria RSI: Below 65 indicates potential upward movement. Price Breakout: A break above $12 will signal an OPEN_LONG position. MACD: Positive, supporting bullish momentum. MA10: $11.8000 suggests continuation of the trend. Current Indicators: RSI: 57.4100 MACD: Positive MA10: $11.8000 Action Plan Monitor the Price Closely: Breakout Strategy: If Price Breaks Above $12: Action: Open a long position. Adjust Stop Loss: Tighten the STOP_LOSS to $11.7000 to minimize potential losses. Take Profit Strategy: As Price Approaches $12.5000: Action: Consider taking profits. Adjust Exit Point: Move the EXIT_POINT to $12 to secure profits. Risk Management: Set Stop Loss at $11.6700 to limit potential losses. Take Profit at $12.5000 to capitalize on expected price movement. Exit Point at $12 as an intermediate target. Be Prepared to Act: If RSI Falls Below 50: Action: Indicate a potential reversal; consider taking profits or adjusting positions accordingly. Monitor Market Sentiment: Stay informed about any changes in market sentiment or technical signals that could impact the trade outcome.
Long
by titankarma
1