LINKUST trade ideas
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🌴
is Chainlink Gearing up for Altseason 2024?Many altcoins are forming similar patterns after retesting their bottoms. It looks like with the upcoming BTC new ATH, we will see an altseason in parallel. Let's see
LINKUSDT H4 BUY STOP PLANINGLINKUSDT H4 BUY STOP PLANING. Follow your rule. management your position, time is answer.
LINK Forms Bullish Shark Pattern & Eyeing $19.50 BreakoutChainlink ( BIST:LINK ) has formed a bullish shark pattern.
A recently made a trendline breakout, which is leading towards the $20 area.
moving averages are breaking 21 to 50 ema which is more bullish.
Let me Know what you think Try to find a set up what is easy to read and understand to have an overview about a coin what serves for at leats 1 to 2 years horizone
just experimenting and need some input from other humans :) thanks
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 bullrun resumeLink has good accumulation done at bottom levels. There is trendline breakout at bottom. It can easily lead to target1. Then it wont stop as there will be cup & handle breakout after that levels. Please follow the given targets on the chart.
#LINK/USDT Faces Downward Pressure: High Plunge Risk#LINK/USDT situation, including the potential retest levels and technical indicators:
#LINK/USDT Analysis: Bearish Divergence and Decreasing Volume Suggest Potential Retest Levels
#Bearish Divergence
Bearish divergence occurs when the price of an asset continues to make higher highs, but a technical indicator, such as the Relative Strength Index (RSI), makes lower highs. This divergence indicates that the upward momentum is weakening and that a potential reversal or pullback could be imminent.
For #LINK/USDT, we have identified a clear bearish divergence on the daily chart. Despite Chainlink’s price increasing, the RSI is not following suit, signaling that the buying pressure is diminishing. This divergence is a strong indicator that the current uptrend might not be sustainable.
#Decreasing Volume
In addition to the bearish divergence, there is also a notable decrease in trading volume. Volume is a critical indicator of market strength, and a declining volume during an uptrend often suggests that the momentum is fading. This decrease in volume can indicate a lack of conviction among buyers, which may lead to a price decline.
#Potential Retest Levels
Given these technical indicators, it is likely that LINK/USDT might retest certain key support levels:
1. **Retest Around $15.20**
- This level has acted as a significant support in recent trading sessions. If Chainlink’s price retraces, it is likely to find initial support around $15.20. If the price manages to hold at this level, we might see a temporary bounce or consolidation.
2. **Retest Around $14.40**
- If the $15.20 support level fails to hold, the next critical support level to watch is around $14.40. This level has historical significance and could act as a stronger support. A retest at this level would be crucial in determining whether LINK/USDT will stabilize or continue its downward trend.
#Trading Strategies
- **Cautious Approach**: Given the bearish divergence and decreasing volume, traders might consider adopting a cautious approach, possibly reducing their positions or waiting for confirmation before entering new trades.
- **Stop-Loss Orders**: Setting stop-loss orders just below the identified support levels ($15.20 and $14.40) can help mitigate potential losses in the event of a further decline.
- **Watch for Confirmations**: Look for confirmations such as bullish reversal patterns or increasing volume at the support levels before considering long positions.
### Conclusion
LINK/USDT is currently showing signs of potential weakness with a clear bearish divergence and decreasing volume. Traders should be prepared for possible retests at $15.20 and $14.40. Monitoring key technical indicators and market sentiment will be crucial for making informed trading decisions during this period.
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.
Analyzing Bullish Divergence: #LINK/USDT Set for Upward Momentum#LINK/USDT Technical Analysis: Bullish Divergence Signals Potential Upside
The #LINK/USDT pair has formed a bullish divergence pattern, suggesting a potential upward movement in the near term. Currently bouncing, it aims to retest the $14.1 level as its immediate resistance.
Should the price manage to surpass this level and breach the liquidity area, further gains towards $15.1 are anticipated. Traders are advised to closely monitor the price action for confirmation of bullish momentum and potential entry opportunities.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Traders should conduct their own research before making any investment decisions.
#LINK/USDT Shows Strength with Bullish Divergence#LINK/USDT has recently formed a bullish divergence pattern, indicating a potential trend reversal. The price is now bouncing back towards the resistance area around $15.20. If LINK/USDT breaks above this resistance, we could see a continuation of the upward trend, potentially leading to new all-time highs.
The bullish divergence, coupled with the bounce from key support levels, suggests a strengthening bullish momentum in the LINK/USDT pair. Traders should keep a close eye on the price action around the $15.20 resistance level, as a successful breakout could signal further gains in the near term.
However, it's important to exercise caution and wait for confirmation of the breakout before entering any trades. Factors such as market sentiment and overall cryptocurrency market conditions should also be taken into consideration when making trading decisions."
#LINK/USDT Plummets, Traders on High Alert"📉 #LINK/USDT faces rejection at $15.10 horizontal resistance, seeking support in the $13-$12 range. Bulls on alert as Chainlink navigates critical levels. Stay tuned for potential market shifts. #crypto #trading"
#LINK/USDT FORMED DOUBLE BOTTOM PATTERN #LINK/USDT has recently shown a bullish shark and double bottom pattern, indicating a potential uptrend. The price has bounced from the buy liquidity support area at $11.5, suggesting a strong level of buying interest at that price point. This could signal a reversal in the current downtrend and a possible move towards higher price levels.
#LINK/USDT FORMED BULLISH SHARK #LINK/USDT has recently formed a bullish shark pattern, indicating a potential double bottom formation. If this pattern plays out, there is a chance for the price to reach around $11, where it could potentially grab liquidity before making a significant upward move towards the moon.
Chainlink is a 'sleeping giant' Chainlink is currently touching the lower end of the range.
1. I anticipate LINK hitting $35 in the very short term, 2x increase.
It is forming higher highs and higher lows, signaling an upward trend.
2. This Bull run, I project LINK to surge to $130 - $180 , marking a potential 10x increase.
Link Is Going To Link With Bull Run??
LINK Coin: Fundamentals, Recent News, and Disclaimer
Fundamentals:
LINK is the native token of Chainlink, a decentralized oracle network.
Chainlink connects blockchains with external data sources and APIs, enabling smart contracts to access off-chain information.
This functionality is crucial for many DeFi (decentralized finance) applications.
Recent News:
News about LINK can be specific to Chainlink's development or the broader DeFi market.
To stay up-to-date, you can search for " " or follow Chainlink's official channels.
Disclaimer:
I am not a financial advisor, and this information shouldn't be considered financial advice.
Cryptocurrency is a volatile market, and investing in LINK or any other crypto involves risk.
Always do your own research before making any investment decisions
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.
LINK I sold it at $8.8The Accumulation Zone is so brutal, it drained out my patience with LINK while I know it is great project.
It broke out of AZone and never came back for retest but shot to 16.8 dolllar.
It had created Golden cross. Went to supple zone, came back for the next demand zone.
It has always came back to 21 Weekly and 55 Weekly EMA for retest in bull market.
Look for catching those crazy retest on EMA
From good to best Entry for next bullish | Long BiasOn Week Chart
The best entry around 0.5 - 0.8 of Fair Value Gap
On 4H TF
LINK has support zones at 18.2 lower 17.5
These levels are good entry for next bullish, if it's broken down LINK can bounce back from Fair Value Gap 16.9 - 16.2
Time will tell
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 usdt Binance Futuers Analysis LINKUSDT Long /Short Entry And Exit Points ,Follow The Chart Support /Resistance For Swing Trades For Maximum Gain ,Scalp (3-4 Days) Tp /Entry Are Mentioned In Chart
Important: Always Use Low Lev Never Gamble N Greed .
