LINKUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for LINKUSDT
There is R1 on the top of the chart which is a resistance area and it represents the unsuccessful triumphs of the price to rise at several points. And as you see, S1 and S2 are our support areas with their well support of price for various points. Hence, we observe the fluctuation of price in a flag-shaped pattern; consisting R1 as the top part of the flag and S1 as the bottom part. So the price is fluctuating over S1 after its little rise toward this area. Our expectation would include more decline for the price to reach S1 and then via having some rising signs, there would be more rise predicted for the price to reach higher amounts. You should know that if the price loses the support and falls below S1, more decline would happen to it then. Do not forget to consider the market situation in lower time frames and then decide what to do; based on the multiple pieces of information which you would obtain from our analyses and updates.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
LINKUSDT
LINK go up!LINK has been consolidating for nearly 9 months since May 2022. In the rising market in early 2023, it did not go out of the consolidation range. At present, LINK has broken through the resistance price of 7.816.
-
After LINK broke through 7.816, it formed a inverse H&S, and we can focus on the upper target:
8.743
9.030
9.317~9.483
If the closing price is higher than 9.483, it will break through the consolidation range.
-
At present, it is more appropriate to deploy LINK on the spot or with low leverage. After breaking through the consolidation range, it is expected to have an increase.
-
Stop loss price: 5.25
-
LINK/USDTIt has the support of ma 100 in the four-hour timeframe.
If it can support, it can climb up to 9.2 and 9.6 dollars(RED LINE)
But if it cannot support up to the $7 range, it can correct.
If bitcoin falls to 21-20 thousand dollars, this currency can correct up to 6 dollars(BLACK LINE)
In general, it is in a very good condition in the daily time, and because of the Wyckoff pattern it has formed, it can climb up to 18 dollars
LINKUSDT Daily: 18/02/2023: Is it time to break the range?
As you can see, the price is on the range for a long time and obviously, there is huge liquidity on both sides of this range.
Now the price just touched important resistance that can push the price down and then on the demand zone it can rise.
As a first target, we can define 9.7 (exactly above the liquidity pool)
💥Important note: If the price can not maintain above the demand zone, we can expect the price to go lower to collect the liquidity pool below the range.💥
💡Wait for the update!
🗓️18/02/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
LINK: Resistance BreakoutChainLink (LINK) technical analysis:
Trade setup : Following a bullish breakout from Descending Triangle , price also broke above 200-day moving average and $8 resistance to resume Uptrend. That was a stiff resistance where price got rejected several times last year. Upside potential to $9.50 next. Recent rally was driven by launch of staking service.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $7.00 (previous resistance), then $5.50. The nearest Resistance Zone is $8.00, which it broke, then $9.50.
LINK: Going to range high, or even better: 12.25Ok, we can see Link broken both of the 200 EMA and 50 EMA.
In addition, we also see the formation of higher low here. There may be a correction a bit, but overall, I project that LINK may go to the range high (~9.5), and if it's broken, 12.25 area is, I can say, programmed
LINKUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart. (update)
Nothing has changed from my last idea, first target was reached(7), stop in breakeven(5.5)
next targets 9 and maybe ~12(right now im not sure about 12 maybe will close in 9-10$ zone)
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
It's expected that the ChainLink crypto will rise +60%(+330pips)🔰You can see the crypto analysis of ChainLink to TetherUS in the four-hour time frame (LINKUSDT_ 4H) 🔍🧨
💥Considering that the price has been able to break its Down trend line🖤, there is a possibility that the price will rise to the Supply zone🔺🚀
Do you think this analysis can be profitable🧐❓
I hope the analysis was useful for you🤍🌹
______📈TRADER STREET📉______
Crypto ChainLink (Overdue Breakout is upon us)View On ChainLink LINK/USD (20 Feb 2023)
Crypto ChainLink LINK/USD is mainly in the big swing mode for the nearly a year now.
I reckon we are in for the BULLish mode as the low regions such as $5~$5.5 are accompanied by the strong rebound with big volume.
We have better odd in staying on the Buy side.
It should retest $9.25 region and $11 region soon.
Let's see.
DYODD, Our trade analysis may not suitable to intraday (or) short time frame trading.
Whatever method you use if you do not follow the proper rule of risk management, it will have detrimental effects on your account.
Feel Free to "Follow", press "LIKE" "Comment".
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Potential good trade of LINKThe FRS event 2 days ago made traders community more positive.
All my attention with BTC, but some of the altcoins like LTC, BNB, XRP made holders big profit.
In case of next flat period with BTC, I expect growing of LINK.
Why It will happen?
Moving of BTC price needs a high liquidity. Market does not involve new traders. No liquidity = no growing.
Long period of accumulation (6 months)
I expect the moving of liquidity from BNB and LTC to next altcoins.
Do not forget about money management.
Link BTC - eying 90% gain - in this downward market crashBeen watching Link for quit some time - I use longer time frames. on BTC chart. we have broken the falling wedge - as long as we hold weekly above 4000 satoshi. Broken a gann fan which it has been holding for quite some time.
This is one gigantic falling wedge. but you got to zoom out to see it. sometimes less noise from the market is better - and focus on the bigger picture.
Falling wedge - Next wave major - wave 5 . But lets not be greedy - will just target 0.618 fibo range as a medium term trade.
On USDT pair - we can see the gann angles - and a very clear accumulation pattern at the current range - the liquidity pool is used to accumulate more link. Very clear to see on the current size of the volume bar. Many alts broken down and made a lower lows, while link held the gann angle well. target is around 87% on usdt to the next zone as a minimum.
In addition, link is developing quite nicely and they have stacking incoming in December.
If there is anything currently in the market - there are only 4 tokens I've got my eyes on after completing from Matic and BNB. Currently Link is one of them.
Better image attached.
RLinda ! LINKUSDT-> Consolidation formation near resistance LINKUSDT is forming a pre-breakdown consolidation before the resistance area of 7.380, but at the same time the price is forming numerous retests of downward resistance. What to expect from the price?
As we can see, the coin is gaining energy, but what is remarkable is that there is no decline. The price is slowly climbing towards the resistance at 7,380 and at the same time it is forming a consolidation. This maneuver might snag the resistance and break it soon, and the consolidation will only push the price to 8.210.
I expect a breakdown of resistance at 7.380, and the formation of medium-term potential for a trend change. Ahead is resistance 7.380, breakdown of which will determine the way to 8.210 as a short-term target, and then to 9.50.
Regards, R. Linda!