LINK
Is LINKUSDT About to Surge? Yello Paradisers! Could LINKUSDT be on the verge of a major breakout? Here's what we're seeing that could signal a bullish move.
💎LINKUSDT has been trading within a descending channel, but underneath it, a clear W pattern has emerged, increasing the chances of bullish momentum. If LINKUSDT breaks out and closes a candle above the resistance zone, it will confirm both the descending channel and the W pattern, making a bullish move even more likely.
💎On the flip side, if the price pulls back, we might see a potential triple bottom forming at the support zone. For that to happen, though, we'll need confirmation in the form of an I-CHoCH (Internal Change of Character) towards the bullish side.
💎However, if LINKUSDT breaks down and closes below the support zone, it would invalidate the entire setup. Stay vigilant, Paradisers, and be ready to act based on how the market reacts at these key levels.
🎖 Remember, the key to success is patience and discipline. Wait for the highest probability setups to present themselves, and only then make your move. Stick to your strategies, and you'll stay on the path to long-term profitability.
MyCryptoParadise
iFeel the success🌴
LINK's Bullish Shark Pattern: Retest Bounce Targets $23 with 100#Chainlink ( BIST:LINK ) is currently forming a bullish shark pattern, a harmonic pattern that indicates a potential reversal and a strong buying opportunity.
In this scenario, LINK's price is expected to bounce with retest of a crucial support level. The RSI (Relative Strength Index) has reached the oversold area, suggesting that the asset is undervalued and may soon experience a reversal.
If LINK successfully retests the support level and bounces, the bullish momentum could propel it to a significant target of $23. This move would represent an almost 100% return from the current price level.
#LINK/USDT Primed for $30: Bullish Patterns and Key Levels#Chainlink (LINK) is currently undergoing a critical retest of its support level, setting the stage for a potential bounce towards the $30 target. This retest is a significant technical event, as it provides traders with an opportunity to assess the strength of the support and the likelihood of a bullish reversal. Here's a detailed analysis of #LINK/USDT's current situation and the anticipated move to $30.
Immediate Resistance – $25: Before reaching the $30 target, LINK/USDT will likely encounter resistance around $25. This level could act as a short-term hurdle, and breaking above it would pave the way for higher prices.
Primary Target – $30: The main target for this bullish scenario is $30. Reaching this level would signify a substantial gain from the current price and align with the broader market trend.
LINKUSDT: Potential Reversal in Progress!🚀💎 Paradisers, #LINK has broken out of the resistive trendline and is beginning to show signs of a reversal.
💎 If #LINKUSDT breaks above the resistance zone, it will confirm the breakout of a triple bottom pattern, enhancing the probability of a bullish move.
💎 In the case of a pullback, we can expect a bounce from the demand zone, but note that the probability of success is lower than the breakout of the triple bottom, so manage your risk carefully.
💎 However, if the price breaks down below the demand zone, it will invalidate the bullish signs. In that case, it would be better to wait for more favorable price action to develop.
Link: Waiting for Bullish Confirmation at Key Levels. 🚀💎 LINK is currently approaching its supportive trendline, We can also viewed it as an ascending channel because of above resistive trendline.
💎There's a likelihood of a bounce from this supportive trendline, but I anticipate a potential breakdown of the trendline to capture liquidity down to the bullish order block (OB). Even in this scenario, I'll be waiting for bullish confirmation at both levels.
💎If the price falls and breaks below the bullish OB, it would be considered a Change of Character (CHoCH) and a bearish sign. However, I'm not inclined to give much weight to the bearish trend unless Bitcoin starts exhibiting a bearish structure.
Chainlink (LINK) Technical Analysis:Daily Timeframe:
Chainlink (LINK) has experienced a breakdown of the weekly support level.
As a result, the price action is now shifting towards the 4-hour timeframe for potential support levels.
Currently, the price is moving towards the 4-hour support zone, which ranges from $17.16 to $16.75.
This support zone is expected to hold based on historical price behavior.
Upon reaching this support zone, we anticipate a temporary halt or bounce in the downtrend.
4-Hour Timeframe:
Upon reaching the support zone between $17.16 and $16.75, Chainlink (LINK) is likely to find support.
Historically, this level has acted as a strong support zone, offering buying opportunities for traders.
As the price finds support within this zone, we can expect a temporary price stabilization or a bounce.
However, it's essential to monitor price action closely for confirmation of support before considering any bullish positions.
Resistance is anticipated near $15.33, which has demonstrated significance in the past.
Once the price stabilizes and confirms support within the $17.16 to $16.75 zone, the next target would be to overcome the resistance at $15.33.
A successful break above $15.33 resistance could signal a potential reversal of the downtrend and may indicate further upward momentum for Chainlink (LINK).
Overall, Chainlink (LINK) is currently experiencing a shift in momentum from the weekly timeframe to the 4-hour timeframe, with support expected in the $17.16 to $16.75 range. Traders should closely monitor price action for confirmation of support and potential opportunities for entry or exit positions.
Link Trade Update - Link after building a strong base on a weekly timeframe did burst
- Now it's going to be interesting to see how Link reacts from its overhead supply
- This is not a good location to enter fresh longs or add Link to your Portfolio
- I would prefer to wait for a retracement instead of rushing and adding it in a FOMO
Ocean Protocol (OCEAN) Price Prediction 2024, 2025–2030Ocean Protocol (OCEAN) Price Prediction 2024, 2025–2030
A symmetrical triangle is a chart pattern that shows two converging trend lines that connect a series of sequential peaks and troughs. The trend lines should converge at a roughly equal slope.
Ocean Protocol price prediction 2025
The Ocean Protocol price prediction for 2025 is currently between $ 0.409910 on the lower end and $ 1.921728 on the high end. Compared to today’s price, Ocean Protocol could gain 362.55% by 2025 if OCEAN reaches the upper price target.
Ocean Protocol price prediction 2030
The Ocean Protocol price prediction for 2030 is currently between $ 0.884510 on the lower end and $ 2.71 on the high end. Compared to today’s price, Ocean Protocol could gain 551.37% by 2030 if it reaches the upper price target.
Chainlink/Link Trade IdeaChainlink/Link
- Chainlink is currently trading at a good area
- I expect link to easily take out previous highs and make a new one
- If you are holding link then keep holding this until the next two quarters
- Conservative targets can be 30-50$ easily impulsive ones will derive once we see a strong bull run
chainlink analysis on daily time frame with supp & resisBased on the daily timeframe analysis of Chainlink (LINK), we can observe that the cryptocurrency is currently facing multiple resistance levels. These levels are located at 8.170, 9.405, and 9.746, and they may pose significant challenges for buyers as the price could encounter selling pressure and struggle to move past them. On the other hand, there are two key support levels at 6.620 and 5.320, indicating that buyers may step in to push the price higher if it falls to those levels. Traders and investors should keep a close eye on the price action near these levels, as they may provide important insights for making trading decisions. However, it is important to note that technical analysis is only one aspect of the market and should be considered alongside fundamental factors and market sentiment before making any investment decisions.
Trading Signal For LINKUSDT ChainlinkTrading Setup:
A Trading Signal is seen in the LINKUSDT Chainlink.
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 5.615
⭕️SL @ 4.980
🔵TP1 @ 7.357
🔵TP2 @ 8.507
🔵TP3 @ 9.770
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments .
💡Don't miss the great buy opportunity in LINKUSD @ChainlinkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (7.573).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. LINKUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 8.114
TP2= @ 8.449
TP3= @ 9.000
TP4= @ 9.637
TP5= @ 10.398
SL= Break below S2
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Chainlink( LINK) looks good for more upside after retracement. After the bulls lost the $25.75 level, selling pressure increased. As a result, the LINK fell to a 14-month low on January 24. However, the bulls finally appeared at the $11.3 level, and the alt has gained more than 50% since then.
Bullish Scenario: LINK broke the bearish downtrend line on the lower time frame like 4hour(4H) and is trading above the support zone of $15.3. If it stays above this zone and the resistance level at $5 is broken then we could start seeing a move towards $17.40, $19.50, $22.70 and above.
Bearish Scenario: LINK has been in a downtrend channel since the last few weeks and we are not completely out of the woods to have strong bullish bias.On higher time frames such as daily, weekly, and monthly, LINK is still in a downtrend. So failure to hold the support at $15.3 and breaking below $14 could lead to a drop towards $12.89, $8.96 and below.
Trading Signal For LINKUSDT ChainlinkTrading Setup:
There is a Trading Signal to Buy in LINKUSDT Chainlink.
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 13.95
⭕️SL @ 11.90
🔵TP1 @ 16.50
🔵TP2 @ 20.80
🔵TP3 @ 25.75
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments .
ChainLink (Link) Buy ZoneChainLink (Link)
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BIAS
Mid-Term : Bullish
On the 4H time frame, ChainLink has potential to go up till 50$ zone in 2 months
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$LINK/USDT SPOT BUY
Entry Price : 22.8 - 24.25
Mid Term
TP 1 : 27.90
TP 2 : 29.70
TP 3 : 32.20
TP 4 : 35.45 (Break Out)
Long Term
TP 5 : 38.25
TP 6 : 44.00
TP 7 : 50.00
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