LINKUSDT is currently exhibiting a bullish divergence on the 4-hour (4H) timeframe, signaling a potential reversal in the prevailing downtrend. Additionally, the price has broken its lower high and formed a higher high, further supporting the bullish outlook. Based on this analysis, a trading plan can be formulated as follows: Entry: Consider entering a long...
the chart shows Link weekly (red) and daily (green) support and resistance levels along with fib. on the daily time frame, Link has boken a resistance level (blue area) and retested successfuly broken the red resistance level will take link to the following targets: T1: 23.5 T2: 29:1 T3:34.7 the fib levels were drawn from link ATH March 21
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! BIST:LINK update 🧵 Followed the original path from the first rejection. And been tracking pretty good recently. Held above 17.986 and bounced out of algo land. Not there yet, a blast or flip through 19.208 is ideal here.
Identifying a trend reversal in LINK, good time to go long.
I'm not shorting it but I see too much eyes on LINK. Would be a shame if a big speculator is distributing it to you.
●ChainLink has a weekly FVG: •FVG high 17.806 •C.E at 16.897. •FVG low 15.974. ●In case of a dump I will be buying Chainlink at these 3 specific levels & upper targets will be $25.620 & $28.710. ●To run up ChainLink has to hold the Weekly FVG for bullish continuation.
The resistance zone has been broken and it has the potential to continue its uptrend. My first take profit would be at the yellow line, and the second at the $28 resistance zone.
Link rejects from the support level. It may bounce from here. If things go south, I have set my stop loss below the swing low.
TRADE ALERT!LINK Ticker: LINK/USDT Entry: 17.5$ - 18.45$ Take Profit: 21-23$ Stop Loss: 16$ Risk to reward: 1:2 Technical Thesis: Link breaked the support of one day also took the retest and start pumping, we can expect a good Movement toward a the Next support
Lets seee ?!!?! $LINK This is a wave pattern ABCDE lets see lets see
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It is moving in an ascending corner pattern, which can retest the red box area again if it maintains the range support.
In some respects LINK looks like it is heading down from the top of the channel and there are a lot of predictions for a correction. Initially I thought so too but now I'm not so sure. BTC is holding well at the top of its channel and could be consolidating for another move up, but even if it holds its current level that would work for an increase in alts. LINK is...
ChainLink reach support level inside expanding channel up. This support also fibonacci .382 we can follow bullish wave from this level and aim for 30% profit projection at expanding channel up resistance. If this support broken, we can rebuy (martingale) at 15.482 Trading setup : Buy now at around 17.879 Take profit 1 : 20.120 Take profit 2 : 23.264 Martingale...
Chainlink caught our attention with a good potential for downward movement here (once we see a clean breakdown from that orange zone). 100EMA is the first supportive zone that will be on the way before confimational breakdown, which means we wait for the breakdown of 100EMA! Swallow Team
I was checking LINK chart and it looks like is going to retrace to support zone at 16.1. Here i will consider a buy if i see some reversal pattern. You can choose to enter short now getting a risk or wait to buy lower!
Good luck to everyone! This analysis is for educational purposes only and does not constitute financial advice. Conduct your own analysis before making trading decisions.