This detailed chart a technical analysis of the ChainLink (LINK) cryptocurrency against Tether (USDT) on the Binance platform. As observed, the LINK price movements oscillate between two key market phases: Accumulation and Expansion.
Starting from the left, the chart begins with an 'Accumulation' phase – a period where price action is relatively flat and...
#LINK
The price is moving in a cross channel pattern 1 D frame
It is expected that this channel will be penetrated upward with stability above the Moving Average 100
We have strong support to rely on at the borders of the lower channel
Also we have oversold on MACD
Current price 15.74
First goal 16.79
The third goal 18.29
Third goal 19.89
📊 Current Market Status:
LINK has been consistently rising since breaking out from the $8 area in October.
📈 Chart Analysis:
Daily Chart: Possibility of retest of $18 area.
Weekly Chart: Strong, targeting next resistance at $28.
🔄 Trading Strategy:
Retest Opportunity: For those who missed the earlier move, look for a possible retest of the $18 area on the daily...
hello guys...
Breakout Confirmation:
The recent breakout from a long-term consolidation is supported by strong price action and a surge in trading volume.
Key Levels:
The previous resistance level around 11.5 may now act as a support level.
The breakout through a key psychological level further strengthens the bullish sentiment.
Price Targets:
Short-Term Target...
#LINK price movement appears favorable as it has been engaged in a range-bound pattern for approximately 83 days. A good entry can be taken after a successful breakout from this range, confirmed by a daily or 4-hour candle closing above the range. It is essential to incorporate to use of stop-loss.
LINK Short
Need to come down to the BOS to retest
We have Equal highs above waiting to get swept for liquidity to go down.
A bit risky as LINK showed good expansion while other assets bleed.
TP1 17.40
TP2 17.20
TP3 17
TP4 16.80
TP5 16.40
TP5 15.90
SL 18.80-19
Risk 2-5% of your account balance
Leverage 5-10x
The link currency is in a positive trend in the weekly time frame. Currently, the trend of the currency is positive and every time it goes down, it is a good buying position.
Our analysis of LINKUSD reveals a confluence of patterns and technical indicators suggesting a pullback into the 'Golden Zone' of Fibonacci retracement levels. Utilizing Ichimoku clouds for trend confirmation, combined with harmonic patterns, we identify a potential reversal area. This strategic region, often associated with high probability reversals, presents a...
📥 Currently The Main Pattern I See At The Chart Is Bear Flag By ABCDE Corrective Structure ,19$ Is a Important Area That Wave D PRZ Placed There ,Rejection From Here To The 15.7$ Is What I Expect In a Short Term
#LINKUSDT
UPDATE
Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about LINK
LINK is exactly on the way to our main target as predicted. Already 10%+ gain here. We can see gain here upto 50%+✍
Based on the given market data, the LINK/USDT pair is trading at $18.251. The Relative Strength Index (RSI) for 4 hours, 1 day, and 7 days are 64.61, 70.36, and 69.78 respectively, indicating that the currency is approaching overbought conditions in the short to medium term.
The Moving Average Convergence Divergence (MACD) for 4 hours, 1 day, and 7 days are...
Link has lead the market during the last several bear markets. I believe this Link run is the start of the BTC run, I do still expect a quick washout before the halving. Link likes to do its own thing when BTC gets boring. I expect 20$ here and am hoping to get this washout over with. BTC could surprise and not dead cat which would lead to a hype cycle.
we have important zones on the chart of linkusdt according to RTM analyze.
Rejection of each boxes can make a setup for trade .
do not touch trade , enter with confirmation like rs set up or qm levels.
thank you all.
To all my fellow traders, speculators and gamblers, its been some time since my last post.
I hope you've all been well, and most importantly, bathing in huge profits :)
It seems like Chainlink followed textbook Wykoff Accumulation Schematics.
Not the most perfect schematics, notably PS ( Prelim Support) falling a little short of the soon to be Resistance...
LINK seems to be at phase D of the Wyckoff's Accumulation Schematic 2.
I'll wait for entry at the given area. Exit and Take Profit levels are also found in chart.
The Fib levels are for Weekly TF, if any weekly candle closes below the Fib. 0.5 is also an exit signal or invalidation condition.
Disclaimer:
This analysis is based on my personnal views and is not...
Introduction:
Hello fellow traders and crypto enthusiasts! 📉 Today, let's delve into the technical landscape of LINKUSDT (Chainlink against USDT), as it appears to be facing a critical juncture. We'll analyze the current charts to assess the vulnerability of key support levels and explore potential implications for future price action.
Technical Overview:
📉...
