LINK Long Position (Consolidation Breakout)Market Context: LINK has been consolidating at support for the last six weeks, and this provides an opportunity to ladder into a long spot position with a favorable risk-reward ratio.
Trade Setup:
Entry: Enter a long spot position around $10.20.
Take Profit:
First target: $12.00 - $13.00
Second target: $16.00 - $17.00
Stop Loss: Just below $9.30
📊 This setup capitalizes on the consolidation at support with potential upside targets in a bullish market environment. #LINK #Consolidation #Crypto
LINKUSDT
LINK Long IdeaLINK
Entry: 11-10.5
TP: 11.4- 11.8- 12.0 - 12.2
SL: 10.35
I'm bullish on LINK monthly chart being in the golden ratio zone, its great to accumulate some here in spot and TP at 30-40% in 1-2 months but here's a setup for short term scalpers. Despite being a bit bearish on BTC, remember to stick to your SL
LINKUSDT 1D Possible corrective patternLINKUSDT 1D Possible corrective pattern
In the 1D time frame, all levels are magnified and corrections that occur in smaller time frames are insignificant.
Levels to take into consideration:
SL 9.80 This level is in line with the lows recently marked.
SL1 8.50 Just below the bullish trend line and already recently reached.
SL2 5.75 This would be a purchase and accumulation zone.
TP 15 in case the 0.618 of the last bearish section is corrected before looking for the purchase zone at 5.75.
Link: Signs of life?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Bullish Take:
Breakout Possibility: The price has been testing the downtrend line (blue line), and a potential breakout above could lead to a bullish rally.
Key Levels to Watch: The next target after a breakout is the $10.812 level.
Recovery Formation: The price is hovering near a critical support level at $9.910, and if it breaks and holds, this could trigger a bullish reversal.
Bearish Take:
Downtrend Still Intact: The price remains under the blue trendline, suggesting the downtrend is not yet broken.
Support at Risk: If $9.910 fails to hold, the next support lies around $9.329, which could lead to further downside.
Lower High Formation: The chart shows a series of lower highs, reinforcing a bearish sentiment unless a strong breakout occurs.
In summary:
Bullish outlook if price breaks the trendline and moves above $10.812.
Bearish outlook if price breaks down below $9.910, potentially leading to $9.329.
Trade Safe,
Trade Clarity.
LINK : MASSIVE Profits Possible from THIS ZONEA Bearish Head and Shoulders pattern formed in the weekly, and we're not quite out of the woods yet - usually, a H&S retraces all the way back to the bottom of the left shoulder. In this case, it falls exactly at the ideal buy back zone:
It's good to see that the trendlines are moving CLOSER together - if you look at historic prices, this usually precedes a time of range trading, followed by another impulse wave up. The wider the trendlines are apart, the stronger the sentiment (bearish if under, bullish if above):
_____________________________
BINANCE:LINKUSDT
LINK-USDTLINK-USDT.
Looking at this pair over a one-day time frame, you can see how the price stays below the downtrend line.
When it comes to support, we have visible:
SL1 - $10.40,
SL2 - $9.85,
SL3 - $9.10,
SL1 - $8.
looking the other way, you can see the targets at the following levels:
T1 - $11.66.
T2 - $12.47.
T3 - $13.66.
T4 - $15.17
LINK Long Position (Oversold Conditions)Market Context: LINK has reached an important level of support, with oversold conditions on medium timeframes. This presents a potential long trade opportunity, particularly if BTC holds the $58,000 support level.
Trade Setup:
Entry: Long trade around $10.80 - $11.53 support level.
Take Profit:
First target: $12.50 - $13.00
Second target: $14.50 - $15.30
Stop Loss: Tight stop loss just below $10.30.
📊 This trade capitalizes on the oversold conditions and key support, with well-defined targets and a tight stop loss to manage risk. #LINK #CryptoTrading #SupportLevel
LINK: Critical Re-Test of Support—Will It Hold or Break?Yello, Paradisers! Have you been tracking #LINKUSDT's latest move? 🚨 The market is at a tipping point, and #LINK is now re-testing the crucial breakout-based support range. The initial reaction is strong, but the question remains—will this support hold, or are we looking at a potential breakdown?
💎If LINK manages to hold within the supportive range of $10.75 to $10.95, we could witness a corrective upside in the near term. This might trigger a recovery, with LINK likely pushing towards the $11.45 level. Although some trend resistance could emerge around this area, a continued short squeeze might propel LINK even higher, potentially reaching the $11.90 to $12.15 range. These levels correspond to the 61.8% Fibonacci retracement and could mark the completion of LINK's corrective phase.
💎On the flip side, the $10.95 to $10.75 range is currently providing strong support. Just below this zone, the pivotal ascending support at $10.55 adds another layer of defense. These supports are likely to make it tough for sellers to break through on their first attempt.
That’s why, Paradisers, we are playing it safe and watching closely. Remember, consistency in your strategy and patience in execution are key. Stay focused, and let’s see how this plays out.
MyCryptoParadise
iFeel the success🌴
LINKUSDT: Brace for More Downside – Critical Levels to Watch!Yello, Paradisers! Is #LINKUSDT about to dive deeper into the abyss? Let’s dive into the latest analysis and what it means for your trading strategy.
💎#LINKUSDT has been locked in a persistent downtrend, marked by continuous Break of Structure (BOS) formations. This pattern underscores the bearish momentum that has gripped the market.
💎The pair has been repeatedly forming and testing a descending resistance trend-line, facing several rejections. These rejections highlight the strength of the downward pressure and the significance of the resistance levels.
💎A key supply zone lies between 11.82 and 12.90. This area is likely to be tested, with the supply line playing a crucial role. The previous support, now turned resistance, will also be in play, making it a critical level for traders to monitor.
💎There is a high probability that the price could drop back down to the support level and hover around the 11.82 resistance zone. Strong volume will be key if it happens then strong resistance is probable to hit which is 15.19.
💎A daily candle closing below the weekly support at 7.89 will confirm the invalidation of any potential uptrend and signal a continuation of the downtrend. This level is pivotal for traders looking to gauge the long-term direction of LINKUSDT.
Stay sharp, Paradisers. The market’s volatility means that only those with disciplined strategies will prevail. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
But it never is, and never will be a free ride. Make sure you play it smart, Paradisers; the next 6-9 months will be juicy for some and painful for others. Discipline, patience, robust strategies, and trading tactics are the only ways you can make it long-term in this market.
MyCryptoParadise
iFeel the success🌴
CHAINLINK: A Decisive Point!ChainLink (LINK) is currently at a decisive point. The current price of $10.27 is right at the support trendline. If it breaks below this support (the blue box), it is likely to face a further downtrend to $4.58.
If this support holds strong for LINK, it could soon rebound toward $18 and potentially initiate a higher rally.
- Important Support: $8-$10.
- Lower Support: $4.58.
- Resistance: $18.
Make sure you do your research and analysis before investing.
Trade safely
Regards,
Team Dexter.
#ChainlinkBUILD #cryptocurrency
Chainlink (LINK)Chainlink price today is $8.4 with a 24 hour trading volume of 1,7 billion dollar. LINK price is up 3% in the last 24 hours
Chainlink is a framework for building Decentralized Oracle Networks that bring real world data onto blockchain networks, enabling the creation of hybrid smart contracts. These DONs provide decentralized services such as Price Feeds, Proof of Reserve, Verifiable Randomness, Keepers, and the ability to connect to any web API.
for three month Link charts growing and bulls try to take 8.5,9 and 10 back. 6.5 and 7 is a dip for link and If you got lucky don't forget to buy for long hold
Dont forget to watch Lex Fridman podcast with Sergey Nazarov co-founder and CEO of Chainlink too
LINK according to EliotMarket at this moment is showing the perfect story of the Elliot wave wave.. After the outbreak of liquidity on June 13, 2023, the link moved impulsively to its 5 waves.
Now we see that the correction took place at 0.61 Fibonacci, which I see as an ABC correction. The only thing I'd like to see at this point is fill the wick on the daily chart or at least half
Keep in mind that this is a large market cap and it will take time to realize this. The invalidation of this analysis is a return to the $8 range.
Tell me what you think about this analysis and whether you are buying now link?
LINK - Support is holding strong. What's next ?BINANCE:LINKUSDT (1W CHART) Technical Analysis Update
LINK is currently trading at $13.6 and price has reached it's support zone, this support zone is holding strong and we can expect the price to bounce back from this support zone, if this support zone fails to hold then next support is around 9$ range, we will keep our SL below this 9$ range
Entry level: $ 13.6
Stop Loss Level: $ 7.8
TakeProfit 1: $ 15.261
TakeProfit 2: $ 19.410
TakeProfit 3: $ 22.745
TakeProfit 4: $ 33.347
TakeProfit 5: $ 49.206
Max Leverage: 2x
Position Size: 1% of capital
Remember to set your stop loss.
Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts.
Cheers
GreenCrypto
LINK looks bearishLINK structure looks bearish. We have had lower H and L .
So it is better to look for sell/short positions in resistance ranges.
We are looking for sell/short positions on the supply range.
Closing a daily candle above the invalidation level will violate the analysis
Note that the financial market is risky, so:
Do not enter a position without setting a stop and capital management and confirmation and trigger.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
Long position on LINKUSDT 49Min/ Volume PredictionBINANCE:LINKUSDT
COINBASE:LINKUSD
High-risk status: 4x-5x Leverage
Mid-risk status: 3xLeverage
Low-risk status: 2x Leverage
⚡️TP:
13.72
13.85
13.95
14.09
14.23
14.34(In Optimistic Scenario)
➡️SL:
13.28
13.07
12.85
The Alternate scenario:
If the price stabilize below the trigger zone, the setup will be cancelled.
Trade Setup: LINK Long Spot PositionMarket Context:
LINK has retraced down to the next area of support, providing a potential entry point for a long spot trade.
Trade Parameters:
Entry: Ladder into a long spot trade in the $13.00 - $13.50 area of support.
Take Profit:
First target: $14.50 - $15.30
Second target: $16.25 - $17.00
Stop Loss: Set just below $12.30
📊 Monitor the price action closely for signs of support holding and ensure to adjust the setup based on market conditions to maximize the potential upside while minimizing risk. #LINK #CryptoTrading #TradeSetup 🎯