LINKUSDT.PS trade ideas
ChainLink - 20 EneroGood luck to everyone! This analysis is for educational purposes only and does not constitute financial advice. Conduct your own analysis before making trading decisions.
LINK - shortTripple top. Im shorting link form 16$ we will need to visit this 12-13$ level soon. Happy profit.
Chainlink bullrun emerging? Supply in stock markets reaches lowest point in 4 years
LINK's fortunes changed over the weekend as it experienced a mini breakout and rose to $15.82 for the first time since April 6, 2022. This positive momentum was boosted by the fact that LINK's supply on exchanges dipped below 15% for the first time in about four years, as shown in Santiment's most recent analysis. This is the lowest level since Feb. 5, 2020, and indicates a decline in the propensity to sell, indicating that investors are optimistic about the potential for further gains.
Link Update#link Technical Analysis
BINANCE:LINKUSDT trend is super sideways on 4hr time frames, direction is still in upward while all other alts coins are going down,
In this side ways trend, link is also forming a risign wedge pattern, if this pattern does not turned into a breakout we might see a a correction in link to 13.2$-13.8$.
Sell in midle-term (LINK)📊Analysis by AhmadArz:
direct to trend of bear.
by R/1.5
🔍Entry: 15.43
🛑Stop Loss: 15.67
🎯Take Profit: 15.08
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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LINKUSDT_N36LINKUSDT
En: 15.113-14.840 (Two positions)
Sl: 14.180 (1% of your balance)
Tp: 16.622
Cancel if Tp crossed without opening
#45Min_trade
#N36
LINK $7.4 Short (LONG TERM - Rising Wedge)Here is the long term rising / ascending wedge of Link down to mid $7.
It’s easy and it’s fun to get caught up in the idea of a token going higher because we subconsciously relate it to our balance going higher.
People typically buy low, sell high; this reinforces that mindset.
There are a few kinds of traders, but mostly those who only long, and those who both long and short.
If you have escaped the trading matrix and have wrapped your head around shorts, you are half way there to success!
Making money in the market shouldn’t be based on if a stock keeps going up.
Making money in the market should be based on making money, in the market.
The market is selling you apples today for $15, and this chart I’m showing you is a catalogue for a “Double D-Lectible Apples”. 2 for the price of one.
Leverage the sales clerk and make some Apple juice! Lemon season is over and it’s time to make some hey whilst the moon is being an unfaithful girlfriend spitting this token back to where it came from.
ROLL OUT SOLDIER GO GO GO!
You can fix her
LINK Short $13.4 re: Rising WedgeCharted this rising wedge yesterday and we’ve broken below the support line. The red you can see is relating to another larger, long term rising wedge I found that I will post also.
The overarching rising wedge has a drop down to $7-$8.
I first bought link in 2018 for .2c, wish I held! But looks like we have a new platter of chicken tendys in the oven.
Do you like yours hot on short notice?
Press Like if you’re peckish for $13.40 Kentucky style gains!
Long-term price of LINKIn the weekly timeframe, LINK's price has been robustly supported by its underlying supports. Over the long term, breaching the forthcoming resistance level could push the price into the $33 level.
(All analyses will be updated)
This analysis is informational, not financial advice. Good luck!
$LINK 1hHey yall. This is what i think will happen to $Link. Please DYOR. If this help you please support this chart 🚀
LINKI was absent for a few days. I was working on a very powerful strategy. I hope you have a great week.
The link is placed in a very suitable place and I will take two short-term and medium-term positions and share them with you
LINK/USDT 1HInterval Chart I invite you to review the LINK chart in the USDT pair, also on a one-hour interval. First, we will use the blue lines to mark the upward trend channel where the price is struggling to maintain its position, while the local yellow circle will mark the local upward trend lines to which the price is trying to return.
After unfolding the trend based fib extension grid, you can see the support at the level of $14.82, which has held the price for now, then the second support at $14.31, and then the third support around $13.44.
Looking the other way, we see that the price is heading towards the resistance level of $15.53, which had previously decreased the price, the next resistance is at $16.11, only after breaking above it, the price will be able to move towards $17.
The RSI indicator shows that we are staying near the middle of the range, while the STOCH indicator still has room for the price to drop to lower levels.
LINK IS BEARISHA range is formed between SW H and SW L
Recently, the trend lines were broken and we have a bearish CH on the chart With this weak momentum, we are expected to move down
I have marked the targets on the picture Closing a daily candle above the FLIP level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
LINK → Chainlink Potential Triple Top! Short Scalp Opportunity?Chainlink has been attempting to break the $16-$17 range since November 11th and has failed there times. After the crypto sell-off on January 3rd, Chainlink made one more attempt but fell short at $15.75. With that lower high, is it time to short?
How do we trade this? 🤔
We have a potential triple top, a doji (one bar trading range) just under the Resistance Zone which is a potential lower high, and a crypto market that's burning hot and likely nearing a strong pullback. To confirm a short entry, we need a strong bear bar closing on or near its low below the Daily 30EMA. Stop loss should be just above the previous high.
💡 Trade Idea 💡
Short Entry: $14.20
🟥 Stop Loss: $17.90
✅ Take Profit: $10.50
⚖️ Risk/Reward Ratio: 1:1
🔑 Key Takeaways 🔑
1. Potential Triple Top Reversal.
2. Doji candle just below Resistance Zone.
3. Look for Bear Candle Confirmation Below 30EMA.
4. Use Low Position Size, 1:1 Risk/Reward Scalp.
5. RSI at 51.00 and above the Moving Average. Indecision.
💰 Trading Tip 💰
There is over a 60% chance of a measured move after the breakout of a major resistance, normally, a trading range. That means the distance from the trading range resistance to the top of the breakout will happen again above the top of the breakout.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
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