✨ Welcome to Today's LINK Analysis
In today's analysis, I will examine the LINK token and identify key triggers for both futures and spot trading. I hope this analysis will be useful to you.
🔍 About Chainlink (LINK)
This project offers a highly intriguing concept. Its primary goal is to bridge off-chain data with on-chain environments. This means that...
Market Context: Many altcoins, including LINK, have retraced to critical levels of support, presenting an opportunity for a long trade. LINK is positioned well for a potential bounce, providing a favorable risk-to-reward ratio.
Trade Setup:
Entry: Between $10.00 - $10.90.
Take Profit:
First target: $12.50 - $13.30
Second target: $14.50 - $15.50
Stop Loss: Just...
From where we put the red arrow on the chart, it looks like LINK has entered an ABC.
Wave B is a diametric, we are now in wave g of this diametric.
The best range for the g-wave to end is the red range.
Closing a daily candle above the invalidation level will violate this analysis
For risk management, please don't forget stop loss and capital...
#LINK
The price is moving in a descending channel on the 1-hour frame
And it is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 10.60
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving...
LINK ~ 1W ✅
#LINK Make purchases gradually in this pattern. it is only a matter of time until this pattern is broken out and the bulls will return quickly.
Yello, Paradisers! Is LINKUSDT setting up a trap for beginner traders before making a strong reversal? Let's break down what we're seeing right now.
💎Currently, LINKUSDT is respecting the supportive trendline, but this setup might be a trap for those blindly buying in. There’s a high likelihood that the market will first liquidate traders placing orders along...
Hello everyone, let's look at the 4H LINK to USDT chart, in this situation we can see how the price has moved up from the downward trend line and, despite the current correction, it still remains above the trend line.
Let's start by setting goals for the near future, which include:
T1 = $12.78
T2 = $13.31
T3 = $14.21
T4 = $14.84
Now let's move on to the...
In the weekly timeframe, a bullish candlestick pattern has formed on Chainlink.
The Three White Soldiers are characterized by three consecutive green candles. The higher the timeframe, the more powerful the pattern. We've recently observed an instance of the TWS pattern in the weekly, which was a precursor to a 136% increase:
However, the unfilled wick around...
LINK is currently ranging at 7.0 levels -- a strong order block support which have been revisited many times but always bounces off it.
This time, the movement on this range is thinning out significantly -- a prospect we might see a squeeze to the upside anytime now and hit 9.0+
Spotted at 7.0
TAYOR,
safeguard capital always.
Trying a quick LINKUSDT Short here.
Reason: We see it run up to the 4HR Key Level zone and being rejected, so just trying to follow the price action and targeting the previous high to take profits.
Entry Price: 12.311
SL: 12.57
TP: 11.74
Planning to trim if needed in between but eventually the TP will be 11.74 or lower.
Good luck! Happy Trading!
Let me...
Hello everyone, let's look at the 8H LINK to USDT chart, in this situation you can see that despite a slight price rebound, we are still in a strong downtrend channel.
Let's start by setting goals for the near future, which include:
T1 = $12.10
T2 = $12.90
T3 = $13.91
Let's now move on to the stop-loss in case of further market declines:
SL1 = $11.07
SL2 =...
#LINK
The price is moving in a downtrend on the 4-hour frame and is about to break upwards
We have a trend to stabilize above the moving average 100
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards
We have a major support area in green at a price of 9.70
The price rebounded from it
Entry price 10.00
First target...
BINANCE:LINKUSDT
COINBASE:LINKUSD
Hello Traders
💥Long position on LINK
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
10.62
10.72
10.85
10.94
11.08
11.20
🔴SL:
9.99
🧐The Alternate scenario:
If the price...
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...
LINK
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
Trading Setup:
There is a Trading Signal to Buy in LINKUSDT Chainlink (1h) (futures)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 10.40
⭕️SL @ 10.10
🔵TP1 @ 11.10
🔵TP2 @ 11.66
🔵TP3 @ 12.50
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk...
