LINK Rally Cools Off — Next Long Opportunity at $20LINK has awakened with strength, rallying +60% in just 10 days. Price completed a clean 5-wave Elliott impulse, topping at the 1.0 trend-based Fib extension, which aligned with:
0.702 Fib retracement
Pitchfork upper resistance line
Key resistance zone
This perfect confluence marked the 5th wave top, followed by a -13% correction.
🔴 Short Opportunity
The current structure is forming a Head & Shoulders pattern.
➡️ Resistance zone: $23 – $23.5
🧩 Confluence factors:
Anchored VWAP (red line) from the 5th wave top
Fib speed resistance fan – Golden Pocket
➡️ Target: $20 support zone.
🟢 Long Opportunity Zone
The $20 zone offers the strongest confluence for a long entry:
Yearly Open (yOpen): $20.02
0.5 Fib retracement: $20.09 (of the 5 Elliott waves)
Pitchfork golden pocket
Anchored VWAP (green line): $20.28 (swing high)
Fair Value Gap (FVG) / imbalance fill
Liquidity pool
$20 psychological level
Trade Plan:
Entry: $20.5 – $19.5
Stop Loss: Below $19
Take Profit: $25
Potential gain: +25%
R:R: ~1:5
🔍 Indicators used:
DriftLine — Pivot Open Zones → For identifying key yearly/monthly/weekly/daily opens that act as major S/R reference points
➡️ Available for free. You can find them on my profile under “Scripts” and apply them directly to your charts for extra confluence when planning your trades.
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💬 If you found this helpful, drop a like and comment!
LINK
Chainlink Bullflag on Weekly ChartA huge bullflag pattern has formed on the weekly chart, if this breaks to the upside we could be looking a face melting targets, with the most bullish targets exceeding $1000.
I've added horizontal ray lines with highlighted price targets to the left, colour coded to the corresponding price range. Once the price breaks out of the triangle, I've also added a confirmed breakout level, which is the previous resistance line touch point.
Hopefully this plays out and we'll all buying yachts :)
Why I'm long on LINK 3 reason backed by chart LINK/USDT – Monthly Chart Analysis
Chainlink is currently testing a multi-year resistance line that has capped price since the 2021 peak. The asset has been forming a large ascending triangle pattern with higher lows since mid-2022, showing accumulation pressure building up.
Resistance Zone: $27–$35
Current Price: $23.94
Support Trendline: Holding strong since 2019 lows
Structure: Bullish compression into resistance
Key Takeaways:
A monthly close above the resistance line could trigger a breakout towards $35–$50 in the medium term.
Until the breakout is confirmed, expect possible rejections and retests of the $20–$21 zone.
The risk/reward is attractive for spot investors looking for a breakout play.
📌 Watch the monthly close carefully — confirmation above resistance could mark the start of a strong LINK rally.
Extreme greed - LINK weekly update August 12 - 18thFrom an Elliott Wave perspective, Chainlink is currently in Minor degree Wave 5 within Intermediate degree Wave 3. On a broader scale, LINK has completed a 1–2 structure at both the Primary and Intermediate degrees, similar to many other altcoins I have analysed recently, and is now advancing as part of Cycle degree Wave 1.
Liquidity positioning shows a substantial build-up below current price. The recent impulsive rally was largely driven by a short squeeze, as many traders opened short positions during Wave 4 and were subsequently liquidated. The order book also shows heavy order clusters above price, aligning closely with the key Fibonacci extension levels.
Funding rates, however, paint a more cautionary picture. They are currently at extremely high positive levels, while open interest has spiked sharply — suggesting that this leg higher is standing on shaky ground. Such conditions often precede volatility spikes or corrective pullbacks. Additionally, momentum indicators like the RSI are showing overbought conditions.
Given the current structure and liquidity alignment, the 1.618 Fibonacci extension remains my preferred target for the completion of this Minor Wave 5, as it coincides with a significant concentration of orders and fits the overall Elliott Wave projection. That said, the combination of overheated funding rates, elevated open interest, and extreme momentum readings warrants high caution for traders.
As always — do your own research, and trade safe.
CHAINLINKUSDT Daily Chart Analysis | Channel BreakoutCHAINLINKUSDT Daily Chart Analysis | Channel Breakout & Bullish Momentum
🔍 Let’s dive into the ChainLink/USDT spot chart, analyzing key swings, channel dynamics, and fresh momentum signals for a bullish scenario.
⏳ 1-Day Overview
The daily chart shows LINKUSDT surging toward the RR1 (Risk-Reward 1) of its channel pattern, marked by powerful volume confirmations that help validate the move. Price has decisively broken above prior resistance zones and continues to print higher highs (HH) and higher lows (HL). The chart’s swing structure is clear: a series of ascending pivots signaling a bullish reversal from past lows.
🔺 Channel, Swings & Momentum:
- Price action is respecting the well-defined channel; current breakout and move to RR1 highlights bullish control.
- Swings are established: recent HL and HH confirm upward structure.
- Volume spikes on breakouts further confirm buyer strength, supporting the move out of consolidation.
- 3SMA (7, 25, 99) alignment shows short- and medium-term averages crossing above the long-term trend—often a leading indicator for the start of a strong uptrend.
- Next targeted levels stand at $26.85 and $33.75, while the long-term target remains a fresh All-Time High (ATH), should momentum persist.
- Past “Fake BO” (breakout) risk now superseded by true volume-backed move supported by technical confirmations.
📊 Key Highlights:
- Channel breakout with confirmation at RR1, swing HH/HL structure for bullish momentum.
- Volume surges on upward moves—critical for authenticating breakout strength.
- 3SMA configuration points to the potential beginning of a major trend extension.
- Upside targets: $26.85 for the next level, $33.75 as extension, and new ATH as the bold long-term bull case.
🚨 Conclusion:
ChainLink’s breakout above channel resistance signals bullish intent with strong volume and swing confirmation. Eyes on next targets: $26.85 and $33.75. If volume and trend continue, new ATH is on the horizon.
#LINK/USDT targeting 17.77 $ ?#LINK
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward break.
We have a support area at the lower boundary of the channel at 15.60, acting as strong support from which the price can rebound.
We have a major support area in green that pushed the price higher at 15.30.
Entry price: 15.84
First target: 16.47
Second target: 17.00
Third target: 17.77
To manage risk, don't forget stop loss and capital management.
When you reach the first target, save some profits and then change the stop order to an entry order.
For inquiries, please comment.
Thank you.
ChainLink $32 & $47 · A Different PerspectiveGood evening my fellow Cryptocurrency trader, how are you feeling in this wonderful day?
We are back to work and today I am looking at ChainLink for you, on the weekly timeframe.
We want to know what is happening short-term and where the market is headed in the long haul. We want a clear analysis and we want positive results and hope.
Technical analysis
LINKUSDT Weekly. Notice the purple line on the chart, this is now support. Just last week LINK closed below this line. This week started lower and now LINKUSDT is trading far above this level. This was a price of $17 but ChainLink is trading at $22.22.
Where I am going with this is about bullish and bearish potential short-term. The drop is no more. LINKUSDT closed one week red but turned green the next week. This green is the confirmation of a failed breakdown. A bear-trap. The fact that LINK is now much higher signals the continuation to the next major resistance level and this is first $32.
This is a technical double-top with December 2024 and we know ChainLink has been moving in a channel (brown) that is composed of higher highs and higher lows, thus we expect a higher high next and that's when we get ChainLink trading at $47 and this will not be the end. This will only be one leg, one major advance, there will be more. The Cryptocurrency market is set to grow long-term.
Namaste.
$LINK (Chainlink) 6HChainlink remains a key infrastructure project in crypto, powering oracle solutions across DeFi and institutional blockchain integrations. Growing adoption in tokenized assets and cross-chain applications keeps LINK in strong demand.
After a strong breakout above the $20 zone, price is consolidating near $22. A healthy pullback could set up the next leg higher toward $26. Previous resistance at $20 now acts as strong support for the bullish continuation.
$LINK Golden Cross Confirmed on DailyChainlink is looking extremely bullish here.
Closed above the 50% Gann Level and just had a GOLDEN CROSS.
Normally we see a pullback once this happens, but no sign of slowing down yet from CRYPTOCAP:LINK
Also worth noting LINK is breaking above the 50DMA against ETH.
This was added confirmation for the breakout with ETH / BTC.
Remember the rotation for Alt Season:
BTC > ETH > LARGE CAPS (pending) > Mid Caps > Micro Caps
LINK Weekly Breakout Watch – Bullish Double Bottom Forming! 🚨 CRYPTOCAP:LINK Weekly Breakout Watch – Bullish Double Bottom Forming! 🔴📈
CRYPTOCAP:LINK is showing a bullish double bottom pattern on the weekly timeframe and is now testing the red resistance zone.
📊 If breakout confirms, next move could target:
🎯 First Target → Green line level 1
🎯 Second Target → Green line level 2
A breakout here could signal strong bullish continuation in the long term.
$LINK has retested the $15.80 breakout zone and bounced stronglyBIST:LINK has retested the $15.80 breakout zone and bounced strongly. Price is now gaining momentum and holding above the 50EMA. As long as this zone holds, LINK is likely to push toward $24, $28, and $32 in the coming weeks. A break below $15.0 would invalidate this bullish setup.
LINK : You want the link for the pump?Hello friends🙌
✅considering the recent market decline, the LINK market has also fallen like other currencies, and many of you are afraid that this is the end and the rise is over or is there still a rise?
✅Well, as we have indicated on the chart, after the price fell to the support area marked with Fibonacci, a double bottom pattern was formed and then the price was increased by buyers.
✅In this wave, we drew another Fibonacci and identified the area where the price pulled back, and we believe this currency has good potential for growth.
✅Now you can buy in steps in the specified areas with capital and risk management and move to the specified targets.
🔥Follow us for more signals🔥
*Trade safely with us*
Chainlink (LINK/USDT) from 1D interval📈 Trend and Market Structure
Current trend: Upward (higher lows and highs)
The price is moving within an ascending price channel, marked by two black trend lines.
The recent rebound occurred from support around 14.83 USDT, which coincides with the lower boundary of the channel.
🔍 Key Levels
✅ Resistance (green horizontal lines)
18.98 USDT – local high
21.16 USDT – main resistance, possible target after breaking $19
18.27 USDT – current local resistance zone, currently being tested
17.62 USDT – mid-range resistance
🛑 Support (red horizontal lines)
15.97 USDT – first local support
14.83 USDT – important support (price reaction, trend confirmation)
13.30–13.50 USDT – key demand zone
12.50 USDT – lower historical support
📊 Indicators
🔄 Stochastic RSI
%K and %D lines cross from below → buy signal
Currently emerging from oversold levels (< 20), which could indicate a continuation Growth
📉 MACD
The histogram is decreasing, but the rate of decline is slowing.
Possible buy signal if the MACD line crosses the signal line from below.
🔊 Volume
Increasing volume during gains, lower volume during corrections – confirms bullish strength.
The recent decrease in volume may indicate consolidation or preparation for the next move.
📌 Scenarios
🟢 Bullish Scenario:
Uptrend maintained within the channel.
Breakout above 18.27 and 18.98 → possible rally to 21.16.
Confirmation by MACD/Stoch RSI.
🔴 Bearish Scenario:
Break of support at 15.97 and the trend line → possible decline to 14.83 or lower (13.30).
MACD may continue to decline if a strong rebound is not achieved.
🧠 Summary
Trend: Bullish
Price is currently testing resistance at 18.27.
Key support levels to watch: 15.97 and 14.83.
Indicators are providing potential buy signals, but confirmation will be needed on higher time frames or on stronger volume.
Why I think Chainlink is the best bet for the dayLooking to me like link has broken a daily down trend and may be attempting to establish some support. On the hourly levels it has broken a down trend and appears like it may want to begin building stairs. Looking at bitcoin I believe we have potential to also break a down trend and if so, we could have great momentum to attempt breaking into the previous range. I feel today will show us a lot about short term price action to come.
ChainLink · Short-Term Correction (Retrace) · 2025 Bull MarketWe have evidence that ChainLink won't be moving much lower. There are mainly two reasons: 1) There aren't that many sellers and 2) we have strong support. We have an active support range between $14.5 and $15.95. This is the reversal point. Either current prices or this lower range which shows an intersection between two strong moving averages as well as Fib. retracement levels.
The rise between June and July has a stronger slope compared to the one before. The April-May rise was more spread out and so the correction lasts longer. The present one has a stronger slope, it is more steep, and thus a retrace will have a shorter duration because prices will continue growing.
Volume is extremely low on the drop and bearish momentum is not present. There can be one final flush reaching the levels mentioned above or lower on a wick and the market turns. The flush would make everything seen pretty bad and red but the truth is that this would be the end. When the major sell is in, the market turns around and moves the other way.
LINKUSDT is retracing within a bullish bias mid-term. Long-term growth is possible based on the bigger picture.
LINKUSDT is facing an intersection of multiple support zones, if these levels hold, we can see a resumption of the bullish move and prices grow. Each time a retrace is over, the bullish wave that follows will be many times stronger than the previous one until the bull market ends.
We are still looking at bottom prices. The best is yet to come.
Namaste.
LINK - The sleeping Giant ready to wake!Don't forget to add LINK to your watchlist — it's a solid project with long-term investment potential.
The weekly chart shows that LINK is currently retesting the downtrend line it recently broke — a textbook bullish retest.
The lower trendline now acts as a key support level, and as long as price holds above it, the structure remains healthy.
Currently trading around $17.6, the price hasn’t moved significantly yet —
You’ve got:
✅ A strong fundamental project
✅ A bullish technical setup
✅ Large market cap
✅ Still early entry
What more do you need to enter?
Accumulate now... and thank me later.
Best Regards:
Ceciliones🎯






















