LINK JUST BACKTESTED KEY AREAHere we go, LINK is holding strong and back tested the $8 psychological resistance and is primed and ready break for the upside of this wedge, Hidden bullish divergence is starting to play out and momentum is starting to slowly build.. LINK performs really well above $8 mark, failed the first few times but the bears may go back to hibernation for a bit. Sleep tight!
LINKUSDT
LINK BREAKING OUT (PENDING)LINK is now at a KEY level. The hidden bullish divergence is playing out as it is now attempting to break prior resistance after being rejected the last time. LINK needs to BACKTEST 7.92 an trigger support that was once resistance. LINK above these levels RIPS, as we can see from recent market history. We also know that LINK usually makes it’s moves when BTC is in the red. These levels are crucial
LINKUSDT trade fall in negative territory
Linkusdt trade fell in negative territory and went for deep correction. Now trade can boost up from current in full term to hit the target.
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Link in the few channel!🧐The Link is located in several ascending channels in different time frames.
which means that to create a strong upward trend, it is necessary that two or three channels are aligned and at the same angle, or price break and pass two price resistances zone in the chart (in different time frames).
In short, an upward movement is forecasted for the Link coin, but it is accompanied by small waves (micro descending channels).
Chainlink ( LINK )
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Crypto Weekend Update Part 2This is part 2 of the Crypto Weekend Update. Check the related Ideas below to find part 1 as well as Thursdays and Fridays update. It gives good insight to the market movement.
I go over these alts in this order:
ADA, LTC, LINK, MATIC, MANA, XRP
If you want me to check any alts, leave a comment or join the stream every week day at 09:15 EST.
0:00 ADA
5:58 LTC
8:20 LINK
13:21 MATIC
15:20 MANA
16:50 MATIC
17:53 XRP
LinkUSD 15 min Demand & Supply Zones #Chainlink #Link 15 Min chart Demand and Supply Levels.
Bullish Supply Range ( Go Long) - USD 7.20/- to USD 7.27/-
(Blue Circle in Image)
Bearish Supply Range ( Go Short) - USD 7.51/- to USD 7.47/-
(Red Circle in Image)
#Chainlink #Link #cryptocurrency #cryptocurrencies #crypto
Suggested Move - (Go Long) - USD 7.20/- to USD 7.27/- range
Chainlink (LINK) - September 7Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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LINK is one of the coins associated with many themes.
Therefore, it has good conditions for expanding the coin ecosystem.
We have introduced the coins (tokens) that are expanding the coin ecosystem that I mentioned earlier, and are currently posting them around the coins (tokens).
In the future, we will add LINK coins to these coins and post them.
(LINKUSDT 1W Chart)
The key is whether you can climb to the 11.976-15.374 section.
To do that, we need to see if we can support and rise near 6.7.
(1D chart)
It re-entered the short-term bearish channel as it fell near 6.7.
To break out of the short-term bearish channel, we need to see if we can find support near the 6.7 area.
The key is whether it can move above 7.150 with volatility around September 13th.
If it doesn't, there's a chance it could move towards the 4.976 area.
The 11.976-15.374 section is a trend-determining section and is an important support and resistance section.
Therefore, when it rises to 11.976-15.374 and is not supported and falls below 11.064, Stop Loss is required to secure cash.
It may be in the distant future, but if you create a trading strategy without thinking ahead, it is likely that the closer you get to the 11.976-15.374 section, the more likely you will be buying more.
If that happens, you will be buying near the high, that is, in the resistance zone.
If you are unable to buy when the current price is showing a sideways trend, you should buy after confirming that the price has risen above 15.374 and is supported.
When you buy the core of your trading strategy, you should seek a way to lower the average purchase price, and also seek a way to minimize losses.
This is true whether you are trading short-term or long-term trading.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Dangerous Position for $LINK$LINK short is going to make you about 300% with a 5x leverage from a good postion,
Short $link now with a proper DCA strategy.
I'll be watching the chart and give you feedback on how the trade goes.
THIS IS NOT A FINANCIAL ADVICE.
RULE 1: Don't Lose Money.
RULE 2: Don't Forget Rule No. 1
LINK set to explode?Link has already corrected by 90% from the high, I don’t expect a very strong drop , maximum to $4-4.5
One of the positive signs is that when Bitcoin updated the bottom in June and fell from $30k to $20k at the same time Link held the $6 level and a strong buyer came out during this fall which still holds the price higher, which may indicate the beginning of Link accumulation what can last as long as in the entire crypto market. Locally, we can see growth towards the upper border of the flat and 200MA
ChainLink is a blockchain network of oracles. The essence of the project is to solve the problems of technical compatibility of blockchain technology with traditional methods of data transfer. Now smart contracts have gone beyond being used only in the cryptosphere, various organizations have begun to use the blockchain. Therefore, there is a request to synchronize the work of the crypto and traditional financial industry.
Among oracles, it is considered the flagship and most powerful data provider with many partners
The segment of oracles has shown itself quite a bit, in the future the time will come for this segment
LINK : Day trading LONG L ink seems last time frame to have some interesting factors for the increase.
For this reason, it's interesting to check out the coming time.
Breaking the 8 USD would make this coin interesting to check further with confirmations.
The expected targets are between 9-12 USD.
Not finance advice.
Chainlink LINK bearish sentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
Chainlink LINK has a negative overall sentiment recently.
I have the following price targets:
LINK/USDT short
Entry Range: $6.50 - 7.10
Take Profit 1: $5.10
Take Profit 2: $4.50
Take Profit 3: $3.90
Stop Loss: $8.10