LINK being scary! We are bound for a wave 3 as we have made a massive wave 1 and currently we are trading above value of local range!
I'm longing on 11.71 as its bottom to the entire rise to the upside.
A possible wave 3; a possible 200% rise!
LINKUSDT trade ideas
LINK Poised for Liftoff: Strong Support, Bullish SignalsChainlink has formed a robust support level between $9-$11, holding steady four times on the daily chart and now showing signs of a breakout! 📈
Key Highlights:
📊 Decisive Break Above $11.50 Resistance: LINK has surged past the $11.50 mark, signaling a strong uptrend formation.
💪 Strong HVN Support: A significant High Volume Node around the $11 region reinforces this sturdy support level.
🕒 Short-Term Bullish Indicators: On the 1-hour chart, LINK has moved above the VWAP, 20 EMA, and 50 EMA, and the RSI has crossed above 50—positive short-term signals.
🎯 Potential Upside Levels: If the upward momentum continues, LINK might approach the $12.75 level. A further breakout, especially if Bitcoin (BTC) breaks its resistance, could see LINK reaching the $14-$15 area.
⚠️ Key Support Levels: In terms of risk management, traders are observing levels like $11.50 (aggressive stop loss) and down to $10.15 if swing trading.
🌐 Positive Market Sentiment: Bitcoin (BTC) appears bullish, with a breakout seeming imminent, which often bodes well for altcoins like LINK.
💰 BTC Support at FWB:67K : Bitcoin has found support and bounced at $67,000, strengthening the overall market outlook.
🏦 Time-Tested Hold: LINK is considered by many as a solid, time-tested asset for the upcoming bull run.
With confluence from multiple technical indicators and bullish market sentiment, LINK shows potential for an upward move! 🌟
CHAINLINK SWING TRADINGSwing trading
BINANCE:LINKUSDT
Seeing that the structure has been respected, I decide to open a position now. These are my arguments:
Bullish arugments:
Monthly PCL being disrespected
Weekly PCL being disrespected
Daily swing low being disrespected
4H swing low being disrespected
So far I see no bearish arguments.
Trade management:
SL at $9.94 which that would indicate strong rejection and would power a search for liquidity at the lower end of the range. However, there does not seem to be so much weakness to look for a lower low than the September low.
TP, partials could be obtained. A partial TP would be on liquidity on the buy side at $13.90 and let profits run to ITH with SL on BE once the 1TP profit is taken.
LINKUSDT / H1 / SHORTLINKUSDT may experience a downfall from the Bearish Order Block!
LINKUSDT is nearing a significant resistance zone. The pair touched this zone a few hours ago and has begun moving downward. Based on the market behavior, we can expect a potential decline of around 2.5-3% from the resistance zone.
Resistance Zone: 11.67 and 11.55
The price has already reacted to the resistance, and it appears there are high chances of a further decline. Let's see how the market unfolds from here.
Entry price :- 11.45
Take profit :- 11.15
Stop loss :- 11.78
Buy Trade Chainlink: Leveraging Decentralized Oracle NetworkTitolo:
Buy Trade Chainlink: Leveraging Decentralized Oracle Network Growth
Descrizione:
This trading idea focuses on Chainlink (LINK), a leading decentralized oracle network that bridges blockchain technology with real-world data. Chainlink's core value lies in its ability to provide secure, tamper-proof data for smart contracts, enabling a vast array of blockchain use cases, from DeFi to insurance. As more projects integrate Chainlink's oracle services, its role in the ecosystem strengthens, positioning LINK as a key player in the future of decentralized technologies.
The growing adoption of Chainlink by both developers and enterprises, combined with its expanding network capabilities, highlights its strong fundamentals. However, it's crucial to remember that the cryptocurrency market is highly volatile, and price movements can be influenced by external factors such as regulatory changes or technological advancements.
Disclaimer:
This trading idea is for educational purposes only and should not be considered financial advice. Cryptocurrencies are highly speculative and carry significant risk, including the potential for a complete loss of capital. Always conduct your own research, assess your financial situation, and consult with a professional financial advisor before making any investment decisions. Past performance does not guarantee future results.
#LINK/USDT is holding the Diagonal Trendline in 1-Hour TF!#LINK/USDT is holding the Diagonal Trendline in 1-Hour TF!
Wait for 1H bearish Order Block to short $LINK. The local resistance level is PDH's $11.53, and the support level is PWL's $10.245.
Chainlink Price Poised for a Breakout: Can $LINK Reach $13?Chainlink ( BIST:LINK ), one of the most talked-about cryptocurrencies in the blockchain space, is showing signs of a potential breakout this October. After a volatile few months, the token has seen steady gains, rising from $10.60 to $11.13—a nearly 4% increase within the last week. This upward movement, alongside promising network developments and technical indicators, has investors speculating on whether the token can surpass the $13 mark in the near term.
Technical Outlook: Chainlink’s Path to $13
Technically, Chainlink’s price action presents both challenges and opportunities. The token is currently trading below its 200- and 100-day moving averages (MAs), reflecting a cautious market sentiment. However, the narrowing of the Bollinger Bands suggests a breakout could be on the horizon, with $13 as a potential upside target. Additionally, the MACD indicator is converging into a positive territory, hinting at a bullish momentum that may push the price higher in the coming days.
Despite some recent bearish signals, including a 2.53% decline as of this writing and a moderate RSI of 50.03, the token has held strong above key support levels. The next major test for Chainlink ( BIST:LINK ) will be overcoming the $12 pivot, a point seen by analysts as a significant resistance. If BIST:LINK breaks through, it could solidify the move to $13, especially given the bullish environment often associated with "Uptober"—a historically favorable month for cryptocurrencies.
Drivers of Chainlink’s Growth
Chainlink’s recent network upgrades and strategic partnerships are driving its price momentum. The introduction of staking has boosted investor confidence, offering them an opportunity to lock up tokens and earn rewards, reducing the circulating supply and increasing scarcity. Moreover, Chainlink’s Oracle services, which provide secure and reliable off-chain data to smart contracts, have expanded with the integration of Secure Mint.
The adoption of Chainlink’s Cross-Chain Interoperability Protocol (CCIP) by major players like Ronin, the gaming-focused EVM blockchain, is further strengthening the network’s ecosystem. As more platforms adopt Chainlink’s technology, the demand for LINK tokens continues to rise.
Whale Accumulation and Market Sentiment
Chainlink’s whale activity has surged, which is often a bullish signal. According to data from Santiment, the number of large BIST:LINK holders has increased from 489 to 502 in early October. Whale accumulation typically indicates that major investors expect the price to rise in the future, reinforcing the narrative of a potential breakout. Additionally, increased active addresses and transaction volumes reflect growing interest and usage of the Chainlink network.
Increased whale activity also raises the possibility of a short squeeze. Many traders currently hold short positions, and if Chainlink ( BIST:LINK ) can break through the $12 resistance, it could force short sellers to cover their positions, leading to a rapid price increase.
Potential Risks and Support Levels
While Chainlink’s future looks bright, there are risks to consider. The token remains vulnerable to broader market corrections, and a failure to hold above the $10.27 support level could see it retrace further, potentially to the $9.50 mark. Additionally, its underperformance compared to Bitcoin ( CRYPTOCAP:BTC ), which has seen stronger gains in recent days, highlights the possibility of more bearish moves if the overall market sentiment shifts.
However, if Chainlink ( BIST:LINK ) can continue building on its network upgrades and overcome key technical hurdles, the stage is set for a strong October performance, with $13 well within reach.
Conclusion: Is Chainlink Set for a Rally?
As of now, Chainlink is positioning itself for a potential breakout above $13, with the technical indicators and fundamental drivers both supporting an optimistic outlook. Increased whale activity, low exchange reserves, and major network developments all contribute to the bullish sentiment around the token. While the token faces immediate resistance at the $12 pivot, a successful breakout could set Chainlink on a bullish trajectory for the rest of October and beyond.
$LINK is going to break the line soon#link is going to break the line soon, I'm opening a long position x15 with the first TP at 15.5.
LINK/USDT 1W chart reviewHello everyone, let's look at the current situation of LINK 1W interval. In this situation, we can see the price rebounding from the downtrend line.
Let's start by setting goals for the near future, which include:
T1 = $11.49
T2 = $13.66
T3 = $15.54
T4 = $17.27
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $9.27. SL2 = $7.35. SL3 = $5.53
Looking at the RSI indicator, we see
as the movement took place in the upper range, which could have influenced the change in the direction of movement, giving a price recovery.
LINK USDT- CLICK HERE TO CHECK NEW ANALYSISThe breakout will decide the direction. We can go bullish or bearish, depends on bitcoin! Waiting for key zone
#LINK/USDT#LINK
The price is moving within a descending channel pattern on the 4-hour frame and is expected to break upwards after it has adhered to it to a large extent
We have a downtrend on the RSI indicator that is expected to break upwards and we have a trend to stabilize above it
We have a major support level in green at a price of 8
We have a trend to stabilize above the moving average 100, which supports the rise
Entry price 9.40
First target 11.32
Second target 12.63
Third target 13.86
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.
LINKUSDTThe current price is trading below the baseline and key technical indicators such as RSI and Williams %R, signaling a potential shift towards bearish control over the price movement.
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 $9.40.
This setup leverages the strong support zone and potential for a bullish recovery. #LINK #Altcoins #Crypto
LINK ANALYSIS (12H)From where we put the red arrow on the chart, it looks like LINK has entered an ABC.
Wave B is a diametric, we are now in wave g of this diametric.
The best range for the g-wave to end is the red range.
Closing a daily candle above the invalidation level will violate this analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Chain linklink technical analysis basically on elliott waves Principles and RTM price action strategy
link can be down to 8$ and then grow to 31$
wait and watch.
LINKUSDTLINK ~ 1W ✅
#LINK Make purchases gradually in this pattern. it is only a matter of time until this pattern is broken out and the bulls will return quickly.
#LINK/USDT needs to clear the Diagonal Trendline in 1-Hour TF!#LINK/USDT needs to clear the Diagonal Trendline in 1-Hour TF!
Wait for trendline breakout/retest to long $LINK. The local resistance level is PWH's $13, and the support level is PWL's $10.9.
LINK LONGBecause of the geopolitical situation LINK dropped 2$. I am still bullish on LINK that will go above 13$
80% correction for $2 Chainlink in play?On the above 12 day chart price action has rallied almost 300% since the lows of 2023. A number of reasons now exist for a bearish outlook. They include:
1) Broken RSI and price action support.
2) The RSI 50 level is an incredibly important level for chainlink overall. Look left. Red arrows. Rejection from 50 has never been a good thing for price action with the smallest correction at 30%.
3) The bear flags. They are exactly the same, width, angle. A new candle will print on Friday 16th of August. The candle body MUST print inside the flag to prevent confirmation.
4) Confirmation of no. 3 results in a forecast to the $2.50 area.
Is it possible price action stops current correction? Sure.
Is it probable? No
Ww
