Hi Traders, Investors and Speculators of Charts📈📉 Chainlink ( LINKUSDT) has recently made some big increases and it seems like this altcoin isn't done yet. The Technical Indicator in the Daily timeframe is extremely bullish; we see a bullish cross on the trendlines. From the weekly, we can clearly identify the market cycle of accumulation phase as being...
Over the last year, LINK has been trading very stable between ~5.5$ and ~9$. With the price currently around 8$, it begs the question whether we're going to break out this time, after several failed break outs. Statistically, there's a small probability that we will actually break out. Therefore I'm going to wait for a daily candle to close above 10$ to confirm...
Chainlink (LINK) is currently displaying a bullish signal as it bounces from its last support level. This price action indicates renewed buying interest and suggests a potential upward movement for the cryptocurrency. Chainlink (LINK) has established numerous partnerships across the blockchain and cryptocurrency ecosystem. Some notable collaborations...
NASDAQ:LINK will be heading a lot higher. My study is just mid term but long term we might see astronomical numbers.
link TRAPPED oPEN INTEREST price of then go against it watch full video
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In the previous analysis, we said that selling pressure will be high in the red box. Now I am waiting for support from one of the following green lines
LINK has been consolidating in almost a year (May 2022). The price action seems to be a Wyckoff accumulation (Schematic 1) and a Spring/Test is under confirmation. As a result, a trade set-up is as in chart. One can enter here (risky option) or wait for a successful retest (safer option). Generally, it's important to consider also BTC moves for risk management...
see head and shoulders in downtrends so I open a short position linkusdt
Link has been stuck in this range for an awful long time. In this count, it is labelled as a diagonal 5th + corrective wave 4; which could explain why we've been in this range for so long. Looking for a pullback to test bottom support to take out range highs.
After a nice pump on bullish news for link it is setting itself up for another nice move to the upside if a bullish flag forms and brakes to the upside. Fundementally the news of cross chain liquidity pools is in the works and has buyers bullish. There is also a fairly nice fair value gap below that corresponds with the current uptrend and golden pocket retrace...
In this trading idea, we will explore the potential shorting opportunity for LINK/USDT, driven by recent news-induced overbought conditions and strong over-extension from the TBO Fast Line. The confluence of factors, including resistance at previous TBO Resistance lines and the 0.236 Fibonacci level, presents a compelling trade setup. Reasons we are looking to...
💎 For over a year, #ChainLink has been range trading, but this changed in the last week. #LINKUSDT experienced a decisive break and close below the $5.5 support area. From a technical perspective, this could be seen as confirmation of the downtrend. However, we must consider the year-long price action before drawing conclusions. It is prudent to wait for the...
LINKUSD is having the strongest 1D candle of the year, turning the 1D time-frame technically overbought (RSI = 73.130, MACD = 0.370, ADX = 25.207). This rise may have taken the price above both the 1D MA50 and 1D MA200 but just hit the top of the 8 month Channel Down. Technically that is a sell signal, targeting the bottom of the High Variance Belt (TP =...
Chainlink holders have been in pain ever since May 2021 (the point where I sold around $48) but luckily after hard times, the strong survive and good times are coming. We tapped the last imbalance and the 6.18 as a macro support which lines up perfectly with the spring phase in the Wyckoff accumulation scheme. To me it looks like we will exit this sideways chop by...
LINKUSDT has been heading for weekly resistance and has now come very close to it. This resistance has been tested several times and every time the price comes to test it, the probability of the price breaking it increases. Anyways, even if it has to break it, some retrace should be expected. Therefore, a long might not be favorable here. It should be favorable...
The possibility of 450% growth for Link currency can be close. The currency is about to try its luck to break this range once again as it nears its 840-day downtrend, a failure that would allow the currency to gain more than 400%. But how likely is this possible? Where is secure login? What is the entry requirement? What should be done now?
To date, we have come to another opportunity for market growth. The second half of the year, after an intense struggle, opened above 1900, which gives support and opportunities for 2250-2500 test attempts. The continuation of the trend in a row from the first numbers was disrupted by the drawdown of the euro, which I warned about, because quite strong pullback...