Hi Traders, Investors and Speculators of the Charts 📈📉
Altcoins have gained some ground on BTC and the markets are currently taking a breather after continues upside price action. Chainlink, however, has been trading range for an extended period of time. This is bullish according to the Wyckoff Method Analysis; pointed out on the chart to the left. LINKUSDT is...
The resistance in the $6.69 to $7.10 is broken and becomes support. Therefore, the next target of buyers is considered in the resistance range of $7.81. This area could have a negative reaction, but the main resistance is in the $8.3 range.
Reversal patterns on the chart have not yet formed, and the price is inside a short-term bullish channel.
The LINK coin has been moving in an uptrend for a year and a half !!! 545 days !!!
Since the inception of the uptrend, the coin has now grown by more than + 1000%.
This is one of the rare coins that goes against the market.
Now there is a correction to the uptrend line. Watch the line of the uptrend when the price approaches it.
It is very likely that a large...
3 weekly closed bearish
I am canceling my long now, strong signal for changing the shoes
First target is black line, breaking of it will send us to white one
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the LINK symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
This one is good coin in great price area and now heating.
Accumulate and wait for profits, 0.00053344 is my position.
Hold for a long time or take what you recognize, it's up to you.
For LINK, we can expect a positive reaction to this level for the short-term and in the 4-hour timeframe, considering support in the range of $6.129 to $6.316. If candles and reversal patterns are seen in this area, the possibility of a retest of the $7 resistance level remains. But if this area does not react positively, the second range at $5.90-$6 can be...
This week, we will stick to the 4-hour time frame to analyze the price action in detail!
After setting a new 52-week low earlier this month, LINK seems to have recovered significantly from the fall. It broke a very crucial support at $5.7, however, the bulls were quick to return to help push the price back above the demand zone. We can see strong momentum, and...
Last week, LINK reacted positively to the support range of $5.42-$5.57 and returned to the previous resistance at $5.75-$5.85. This static resistance is reinforced by a dynamic resistance, whose trend line you can see in the chart. The complete breaking of this resistance should be done simultaneously with the breaking of the resistance of $6.317. Otherwise, due...
Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the LINK symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
LINK has been trending down for the past few weeks. A support level in the $5.75-$5.85 range caused only one downtrend correction, and it was broken again as sellers took strength. On the other hand, a downward trend line is considered on the chart, and if this resistance is broken, we can expect the price to grow to the ranges of 6.5 and 7 dollars. But if the...
According to the weekly chart, it has reached its support level again. Otherwise, with the failure of the support zone, we will continue the downward trend.
Its not Buy or Sell SIGNAL
DYOR
BY : M.TeriZ - @AtonicShark
As the saying goes picture is worth 1000 words.
- 3 previous touches
- 4th touch violation of TL
- 4th touch while forming bullish structure iH&S
At this levels, everything is a buy.
Spot, DCA in, whenever you can as much as you can.
My belief is ~0.0002100 sats was the bottom.
#LINKBTC has been trending within an upward parallel channel for some time now, with a strong sell from Crypto Tipster v2 on the 2D chart we'll be keeping our eyes on this one over the next few days.
A little more drop out of this channel could provide a massive 30% short trade down to the next support level.
Greetings, Snipers!
LINK has been consolidating sideways from $5.30 - $9.50 since May 2022
Two long-term trendlines from 2020 have been well-respected as support. As you know, the longer the time-frame, the more reliable the signals.
In the shorter time frame, we can trade this sideway channel:
We can take a long-entry now, at $6.00, and sell at $9.00 for...
LINK is oversold and will probably climb to the middle band - like a magnet. LINK-BTC pair look quite the same as LINK/USDT. This trade have risk reward ratio 1.0.
Link like many other altcoins remains bearish.
For a time being the price seems to be getting rejected from the upsloping resistance line.
We still expect 50 % drop.
$3,50 - $3 can be a good area to accumulate link for the next bull market. It would be approx. 94 % drop from the all time high which sounds reasonable if we look at the altcoins % decrease in the...
