If Chainlink cannot close below $6.5, it will possibly move to resistance at $12. Chainlink has not retested this resist yet, and selling pressure (volume) is weaker on the weekly timeframe, I am looking forward to buying the dip and watching intraday price action:)
BINANCE:LINKUSDT
Hello everyone 😃
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$LINK has broken below the current support zone and it just retested the broken zone.
Now There's an opportunity to take Short on $LINK with an invalidation above $8.50 as full body...
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For this particular analysis on LINK we are using the LINKUSDT symbol on the Phemex exchange.
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The idea is on the 1D time-frame where LINK (LINKUSD) is consolidating ever since the May 12 low and the short-term rebound that followed. On a more long-term perspective though, the price seems to be repeating the consolidation of early December 2021,...
ChainLink hasn't moved much since our last post. We appear to be in a descending correction we know descending correction = bullish reversal.
We just need to be a little more patient for the breakout and once it comes (and it will come), it'll make all the waiting worthwhile!
A good indication that we are almost about to reverse is that we are in an abcde...
Hey, with most of alts retracted -80%, we can confirm that this is bear market territory - Alts tend to retrace up to -95%, which would give us some more space down. Also its important to notice that the bottom is not in but also not too far. So what is your take? 1-2$ feasible for $LINK?
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for LINK.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Hello traders
#LINKUSDT has a good potential for growth from this zone that you should not miss .
EP: 8.23~6.50
TP1: 12
TP2: 15
TP3: 19
TP4 : 23
⛔️SL:HOLD
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ChainLink just broke the most important support level at $16 and now the price is heading to the next support levels. The target projection of the main head and shoulders pattern is around $4 but before that we have some initial supports to hold the price at $10 and $5
The market is an emotional creature. Our market analysis is a subjective process. Let the market action tell you where it`s going. Don`t try to tell it where to go. Support and resistance are created by the decision making of market participants, as they operate within an environment of uncertainty.
Legend:
White lines - significant key levels;
Blue lines -...
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for LINKUSDT
Based on our previous analysis on January 26, we expected the price to have a decline. At that time, the price was fluctuating around $24 and at the moment it is observable that our expectation came true and the price reached the lowest amount of...
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LINKUSDT has been overall bearish after seeing a swing high of $52.
LINK is currently trading inside a downtrend black channel.
On the daily chart i found out that price is sitting in between the 8.3 and 6.00 support, which we all know price is actually low at that...
LINK / USDT
The link is below its downtrend line and is involved with its $ 7 support.
It is expected to test its downtrend line again and return to the $ 7 limit and resume your uptrend from there.
In the event of a loss of the $ 7 limited support, $ 3.5 with a trading node is available there.
#LINK #BTC #ETH #LUNA #UST
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LINK (Chainlink) looks horrendous. The price is breaking down the support of a Massive Descending Triangle, ultimate Target of which is $4-5
Keep in mind that LINK had a decent multi-year uptrend. Now it's time for a clear bear cycle
The overall picture looks almost identical to what...
BINANCE
