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LINKUSDT

LINK Analysis: Key Levels Triggers in Consolidation Phase✨ Welcome to Today's LINK Analysis In today's analysis, I will examine the LINK token and identify key triggers for both futures and spot trading. I hope this analysis will be useful to you. 🔍 About Chainlink (LINK) This project offers a highly intriguing concept. Its primary goal is to bridge off-chain data with on-chain environments. This means that off-chain data can be transferred to the blockchain without any alteration. LINK tokens can be used as a payment token within the platform and also for staking. ⏳ Daily Timeframe Analysis Starting with the daily timeframe, after reaching the resistance level of $21.71, the price entered a consolidation phase, ranging between $21.71 and $12.95 for a while. During this period, the candle volumes gradually decreased until the $12.95 support was broken, causing the price to drop to the $9.51 support. 🔽After hitting this support, the price again entered a consolidation phase, even reaching the $12.95 level. Now, a range has formed between $9.51 and $12.95. A suitable buy trigger in the spot market would be the breakout of $12.95, with a stop-loss set around the $9.51 or, more riskily, $10.5 levels. A break above the 50 and 41.48 levels on the RSI could confirm the entry of momentum. Always make sure to set a stop-loss and manage your capital to avoid significant losses. 🛑 If you've already purchased LINK and are looking for a stop-loss point, the $9.51 zone could serve as a good stop-loss. For targets, the short-term target is $15.06, and for long-term holders, it's $21.71. 📈Futures Trading Triggers For futures trading, $11.47 is a good long trigger, and $10.50 is suitable for shorts. To further assess the situation, let's move to the 4-hour timeframe. ⏳4-Hour Timeframe Analysis In the 4-hour timeframe, more details are visible, and some solid futures triggers can be identified. Currently, the selling volume exceeds the buying volume, as the bearish waves have higher volumes compared to the bullish ones. 📈For a long position, the $11.69 trigger could target the top of the box, while breaking $12.95 would signal the main long position. A break above 62.42 on the RSI would be important and could indicate a bullish momentum shift, but it’s also crucial for buying volume to increase. 📉For a short position, the $10.43 break is suitable and could lead the price to the $9.51 floor. The volume and momentum are aligned with the market's downtrend. The main short position would be triggered by breaking the $9.51 level, which is LINK's most critical support. If this zone is broken, we could see a sharp decline in price. ❌Disclaimer This is not financial advice; it is merely my personal opinion on how the coin might move. Always conduct your own research before making any decisions.
by DreamAnalysis
LINK Long Position (Major Support Level)Market Context: Many altcoins, including LINK, have retraced to critical levels of support, presenting an opportunity for a long trade. LINK is positioned well for a potential bounce, providing a favorable risk-to-reward ratio. Trade Setup: Entry: Between $10.00 - $10.90. Take Profit: First target: $12.50 - $13.30 Second target: $14.50 - $15.50 Stop Loss: Just below $9.40. This setup leverages the strong support zone and potential for a bullish recovery. #LINK #Altcoins #Crypto
Long
by Richtv_official
LINK - Three White Soldiers Candlestick PatternIn the weekly timeframe, a bullish candlestick pattern has formed on Chainlink. The Three White Soldiers are characterized by three consecutive green candles. The higher the timeframe, the more powerful the pattern. We've recently observed an instance of the TWS pattern in the weekly, which was a precursor to a 136% increase: However, the unfilled wick around $8 remains a concern - but also a potential for buying in / accumulating at a lower price. _________________________ BINANCE:LINKUSDT
by CryptoCheck-
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LINK-USDT 8h chart reviewHello everyone, let's look at the 8H LINK to USDT chart, in this situation you can see that despite a slight price rebound, we are still in a strong downtrend channel. Let's start by setting goals for the near future, which include: T1 = $12.10 T2 = $12.90 T3 = $13.91 Let's now move on to the stop-loss in case of further market declines: SL1 = $11.07 SL2 = $10.03 SL3 = $8.37. In this situation, it is worth paying attention to the RSI indicator, where we are again approaching the upper limit, which in previous situations resulted in a price correction.
by cryptodailyuk
LINK Long Position (Consolidation Breakout)Market Context: LINK has been consolidating at support for the last six weeks, and this provides an opportunity to ladder into a long spot position with a favorable risk-reward ratio. Trade Setup: Entry: Enter a long spot position around $10.20. Take Profit: First target: $12.00 - $13.00 Second target: $16.00 - $17.00 Stop Loss: Just below $9.30 📊 This setup capitalizes on the consolidation at support with potential upside targets in a bullish market environment. #LINK #Consolidation #Crypto
Long
by Richtv_official
LINKUSDT 1D Possible corrective patternLINKUSDT 1D Possible corrective pattern In the 1D time frame, all levels are magnified and corrections that occur in smaller time frames are insignificant. Levels to take into consideration: SL 9.80 This level is in line with the lows recently marked. SL1 8.50 Just below the bullish trend line and already recently reached. SL2 5.75 This would be a purchase and accumulation zone. TP 15 in case the 0.618 of the last bearish section is corrected before looking for the purchase zone at 5.75.
Long
by DeuXfi
Link: Signs of life?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Bullish Take: Breakout Possibility: The price has been testing the downtrend line (blue line), and a potential breakout above could lead to a bullish rally. Key Levels to Watch: The next target after a breakout is the $10.812 level. Recovery Formation: The price is hovering near a critical support level at $9.910, and if it breaks and holds, this could trigger a bullish reversal. Bearish Take: Downtrend Still Intact: The price remains under the blue trendline, suggesting the downtrend is not yet broken. Support at Risk: If $9.910 fails to hold, the next support lies around $9.329, which could lead to further downside. Lower High Formation: The chart shows a series of lower highs, reinforcing a bearish sentiment unless a strong breakout occurs. In summary: Bullish outlook if price breaks the trendline and moves above $10.812. Bearish outlook if price breaks down below $9.910, potentially leading to $9.329. Trade Safe, Trade Clarity.
Long
by CryptoKnee
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LINK : MASSIVE Profits Possible from THIS ZONEA Bearish Head and Shoulders pattern formed in the weekly, and we're not quite out of the woods yet - usually, a H&S retraces all the way back to the bottom of the left shoulder. In this case, it falls exactly at the ideal buy back zone: It's good to see that the trendlines are moving CLOSER together - if you look at historic prices, this usually precedes a time of range trading, followed by another impulse wave up. The wider the trendlines are apart, the stronger the sentiment (bearish if under, bullish if above): _____________________________ BINANCE:LINKUSDT
by CryptoCheck-
LINK Long Position (Oversold Conditions)Market Context: LINK has reached an important level of support, with oversold conditions on medium timeframes. This presents a potential long trade opportunity, particularly if BTC holds the $58,000 support level. Trade Setup: Entry: Long trade around $10.80 - $11.53 support level. Take Profit: First target: $12.50 - $13.00 Second target: $14.50 - $15.30 Stop Loss: Tight stop loss just below $10.30. 📊 This trade capitalizes on the oversold conditions and key support, with well-defined targets and a tight stop loss to manage risk. #LINK #CryptoTrading #SupportLevel
Long
by Richtv_official
CHAINLINK: A Decisive Point!ChainLink (LINK) is currently at a decisive point. The current price of $10.27 is right at the support trendline. If it breaks below this support (the blue box), it is likely to face a further downtrend to $4.58. If this support holds strong for LINK, it could soon rebound toward $18 and potentially initiate a higher rally. - Important Support: $8-$10. - Lower Support: $4.58. - Resistance: $18. Make sure you do your research and analysis before investing. Trade safely Regards, Team Dexter. #ChainlinkBUILD #cryptocurrency
by Dexter_The_Trader
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