CHAINLINK / TETHER Trade Ideas — COINEX:LINKUSDT — TradingView — India (2024)

#LINK/USDT Primed for $30: Bullish Patterns and Key Levels#Chainlink (LINK) is currently undergoing a critical retest of its support level, setting the stage for a potential bounce towards the $30 target. This retest is a significant technical event, as it provides traders with an opportunity to assess the strength of the support and the likelihood of a bullish reversal. Here's a detailed analysis of #LINK/USDT's current situation and the anticipated move to $30.Immediate Resistance – $25: Before reaching the $30 target, LINK/USDT will likely encounter resistance around $25. This level could act as a short-term hurdle, and breaking above it would pave the way for higher prices.Primary Target – $30: The main target for this bullish scenario is $30. Reaching this level would signify a substantial gain from the current price and align with the broader market trend.

LINK's Bullish Shark Pattern: Retest Bounce Targets $23 with 100#Chainlink ( BIST:LINK ) is currently forming a bullish shark pattern, a harmonic pattern that indicates a potential reversal and a strong buying opportunity.In this scenario, LINK's price is expected to bounce with retest of a crucial support level. The RSI (Relative Strength Index) has reached the oversold area, suggesting that the asset is undervalued and may soon experience a reversal.If LINK successfully retests the support level and bounces, the bullish momentum could propel it to a significant target of $23. This move would represent an almost 100% return from the current price level.

Linkusdt bullrun resume

#LINK/USDT Faces Downward Pressure: High Plunge Risk#LINK/USDT situation, including the potential retest levels and technical indicators:#LINK/USDT Analysis: Bearish Divergence and Decreasing Volume Suggest Potential Retest Levels#Bearish DivergenceBearish divergence occurs when the price of an asset continues to make higher highs, but a technical indicator, such as the Relative Strength Index (RSI), makes lower highs. This divergence indicates that the upward momentum is weakening and that a potential reversal or pullback could be imminent.For #LINK/USDT, we have identified a clear bearish divergence on the daily chart. Despite Chainlink’s price increasing, the RSI is not following suit, signaling that the buying pressure is diminishing. This divergence is a strong indicator that the current uptrend might not be sustainable.#Decreasing VolumeIn addition to the bearish divergence, there is also a notable decrease in trading volume. Volume is a critical indicator of market strength, and a declining volume during an uptrend often suggests that the momentum is fading. This decrease in volume can indicate a lack of conviction among buyers, which may lead to a price decline.#Potential Retest LevelsGiven these technical indicators, it is likely that LINK/USDT might retest certain key support levels:1. **Retest Around $15.20** - This level has acted as a significant support in recent trading sessions. If Chainlink’s price retraces, it is likely to find initial support around $15.20. If the price manages to hold at this level, we might see a temporary bounce or consolidation.2. **Retest Around $14.40** - If the $15.20 support level fails to hold, the next critical support level to watch is around $14.40. This level has historical significance and could act as a stronger support. A retest at this level would be crucial in determining whether LINK/USDT will stabilize or continue its downward trend.#Trading Strategies- **Cautious Approach**: Given the bearish divergence and decreasing volume, traders might consider adopting a cautious approach, possibly reducing their positions or waiting for confirmation before entering new trades.- **Stop-Loss Orders**: Setting stop-loss orders just below the identified support levels ($15.20 and $14.40) can help mitigate potential losses in the event of a further decline.- **Watch for Confirmations**: Look for confirmations such as bullish reversal patterns or increasing volume at the support levels before considering long positions.### ConclusionLINK/USDT is currently showing signs of potential weakness with a clear bearish divergence and decreasing volume. Traders should be prepared for possible retests at $15.20 and $14.40. Monitoring key technical indicators and market sentiment will be crucial for making informed trading decisions during this period.

#LINK Growth Explosion: Buy Your Ticket to Success!**Technical Analysis Chart Description:**Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings:1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data differently, leading to varied conclusions.2. **Historical Performance Doesn't Guarantee Future Results:** Past price movements do not guarantee future price movements. While historical data can provide insights, it's crucial to consider other factors that could influence price action.3. **Risk of False Signals:** Technical indicators and chart patterns can produce false signals, leading to potential losses if relied upon blindly. Always cross-verify signals with other indicators or fundamental analysis.4. **Market Volatility:** Crypto markets are highly volatile and can experience rapid price fluctuations. Be prepared for sudden and unexpected price movements, which may invalidate previously identified patterns.5. **Risk Management:** Proper risk management is essential. Never invest more than you can afford to lose, and consider using stop-loss orders to mitigate potential losses.6. **Emotional Bias:** Avoid emotional decision-making based on short-term price movements. Stick to your trading plan and strategy, and don't let fear or greed influence your decisions.**Disclaimer for Crypto Trading:**Trading cryptocurrencies carries inherent risks, and it's important to understand the following:Cryptocurrency markets are highly speculative and can be subject to extreme volatility. Prices can fluctuate significantly within short periods, leading to substantial gains or losses. Investing in cryptocurrencies involves the risk of total loss of capital. Unlike traditional assets, cryptocurrencies are not backed by any tangible assets or central authority, making them inherently risky.Regulatory uncertainty and market manipulation are additional risks associated with cryptocurrency trading. Regulatory changes or negative news can have a significant impact on prices.This analysis is for informational purposes only and should not be construed as financial advice. It's crucial to conduct thorough research and consult with a qualified financial advisor before making any investment decisions in the cryptocurrency markets.By using this analysis, you acknowledge and accept the risks associated with cryptocurrency trading and agree to trade at your own discretion. The author of this analysis shall not be held responsible for any losses incurred as a result of using the information provided.

#LINK Growth Explosion: Buy Your Ticket to Success!**Technical Analysis Chart Description:**Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings:1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data differently, leading to varied conclusions.2. **Historical Performance Doesn't Guarantee Future Results:** Past price movements do not guarantee future price movements. While historical data can provide insights, it's crucial to consider other factors that could influence price action.3. **Risk of False Signals:** Technical indicators and chart patterns can produce false signals, leading to potential losses if relied upon blindly. Always cross-verify signals with other indicators or fundamental analysis.4. **Market Volatility:** Crypto markets are highly volatile and can experience rapid price fluctuations. Be prepared for sudden and unexpected price movements, which may invalidate previously identified patterns.5. **Risk Management:** Proper risk management is essential. Never invest more than you can afford to lose, and consider using stop-loss orders to mitigate potential losses.6. **Emotional Bias:** Avoid emotional decision-making based on short-term price movements. Stick to your trading plan and strategy, and don't let fear or greed influence your decisions.**Disclaimer for Crypto Trading:**Trading cryptocurrencies carries inherent risks, and it's important to understand the following:Cryptocurrency markets are highly speculative and can be subject to extreme volatility. Prices can fluctuate significantly within short periods, leading to substantial gains or losses. Investing in cryptocurrencies involves the risk of total loss of capital. Unlike traditional assets, cryptocurrencies are not backed by any tangible assets or central authority, making them inherently risky.Regulatory uncertainty and market manipulation are additional risks associated with cryptocurrency trading. Regulatory changes or negative news can have a significant impact on prices.This analysis is for informational purposes only and should not be construed as financial advice. It's crucial to conduct thorough research and consult with a qualified financial advisor before making any investment decisions in the cryptocurrency markets.By using this analysis, you acknowledge and accept the risks associated with cryptocurrency trading and agree to trade at your own discretion. The author of this analysis shall not be held responsible for any losses incurred as a result of using the information provided.

LINKUSDT: Potential Reversal in Progress!🚀💎 Paradisers, #LINK has broken out of the resistive trendline and is beginning to show signs of a reversal.💎 If #LINKUSDT breaks above the resistance zone, it will confirm the breakout of a triple bottom pattern, enhancing the probability of a bullish move.💎 In the case of a pullback, we can expect a bounce from the demand zone, but note that the probability of success is lower than the breakout of the triple bottom, so manage your risk carefully.💎 However, if the price breaks down below the demand zone, it will invalidate the bullish signs. In that case, it would be better to wait for more favorable price action to develop.

Analyzing Bullish Divergence: #LINK/USDT Set for Upward Momentum#LINK/USDT Technical Analysis: Bullish Divergence Signals Potential UpsideThe #LINK/USDT pair has formed a bullish divergence pattern, suggesting a potential upward movement in the near term. Currently bouncing, it aims to retest the $14.1 level as its immediate resistance. Should the price manage to surpass this level and breach the liquidity area, further gains towards $15.1 are anticipated. Traders are advised to closely monitor the price action for confirmation of bullish momentum and potential entry opportunities.Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Traders should conduct their own research before making any investment decisions.

#LINK/USDT Shows Strength with Bullish Divergence#LINK/USDT has recently formed a bullish divergence pattern, indicating a potential trend reversal. The price is now bouncing back towards the resistance area around $15.20. If LINK/USDT breaks above this resistance, we could see a continuation of the upward trend, potentially leading to new all-time highs.The bullish divergence, coupled with the bounce from key support levels, suggests a strengthening bullish momentum in the LINK/USDT pair. Traders should keep a close eye on the price action around the $15.20 resistance level, as a successful breakout could signal further gains in the near term.However, it's important to exercise caution and wait for confirmation of the breakout before entering any trades. Factors such as market sentiment and overall cryptocurrency market conditions should also be taken into consideration when making trading decisions."

#LINK/USDT Plummets, Traders on High Alert"📉 #LINK/USDT faces rejection at $15.10 horizontal resistance, seeking support in the $13-$12 range. Bulls on alert as Chainlink navigates critical levels. Stay tuned for potential market shifts. #crypto #trading"

#LINK/USDT FORMED DOUBLE BOTTOM PATTERN #LINK/USDT has recently shown a bullish shark and double bottom pattern, indicating a potential uptrend. The price has bounced from the buy liquidity support area at $11.5, suggesting a strong level of buying interest at that price point. This could signal a reversal in the current downtrend and a possible move towards higher price levels.

#LINK/USDT FORMED BULLISH SHARK #LINK/USDT has recently formed a bullish shark pattern, indicating a potential double bottom formation. If this pattern plays out, there is a chance for the price to reach around $11, where it could potentially grab liquidity before making a significant upward move towards the moon.

Chainlink is a 'sleeping giant' Chainlink is currently touching the lower end of the range.1. I anticipate LINK hitting $35 in the very short term, 2x increase.It is forming higher highs and higher lows, signaling an upward trend.2. This Bull run, I project LINK to surge to $130 - $180 , marking a potential 10x increase.

Link Is Going To Link With Bull Run??LINK Coin: Fundamentals, Recent News, and DisclaimerFundamentals:LINK is the native token of Chainlink, a decentralized oracle network.Chainlink connects blockchains with external data sources and APIs, enabling smart contracts to access off-chain information.This functionality is crucial for many DeFi (decentralized finance) applications.Recent News:News about LINK can be specific to Chainlink's development or the broader DeFi market.To stay up-to-date, you can search for " " or follow Chainlink's official channels.Disclaimer:I am not a financial advisor, and this information shouldn't be considered financial advice.Cryptocurrency is a volatile market, and investing in LINK or any other crypto involves risk.Always do your own research before making any investment decisions

Link: Waiting for Bullish Confirmation at Key Levels. 🚀💎 LINK is currently approaching its supportive trendline, We can also viewed it as an ascending channel because of above resistive trendline.💎There's a likelihood of a bounce from this supportive trendline, but I anticipate a potential breakdown of the trendline to capture liquidity down to the bullish order block (OB). Even in this scenario, I'll be waiting for bullish confirmation at both levels.💎If the price falls and breaks below the bullish OB, it would be considered a Change of Character (CHoCH) and a bearish sign. However, I'm not inclined to give much weight to the bearish trend unless Bitcoin starts exhibiting a bearish structure.

LINK I sold it at $8.8The Accumulation Zone is so brutal, it drained out my patience with LINK while I know it is great project.It broke out of AZone and never came back for retest but shot to 16.8 dolllar.It had created Golden cross. Went to supple zone, came back for the next demand zone.It has always came back to 21 Weekly and 55 Weekly EMA for retest in bull market.Look for catching those crazy retest on EMA

From good to best Entry for next bullish | Long BiasOn Week Chart The best entry around 0.5 - 0.8 of Fair Value GapOn 4H TF LINK has support zones at 18.2 lower 17.5 These levels are good entry for next bullish, if it's broken down LINK can bounce back from Fair Value Gap 16.9 - 16.2Time will tell

Chainlink (LINK) Technical Analysis:Daily Timeframe:Chainlink (LINK) has experienced a breakdown of the weekly support level.As a result, the price action is now shifting towards the 4-hour timeframe for potential support levels.Currently, the price is moving towards the 4-hour support zone, which ranges from $17.16 to $16.75.This support zone is expected to hold based on historical price behavior.Upon reaching this support zone, we anticipate a temporary halt or bounce in the downtrend.4-Hour Timeframe:Upon reaching the support zone between $17.16 and $16.75, Chainlink (LINK) is likely to find support.Historically, this level has acted as a strong support zone, offering buying opportunities for traders.As the price finds support within this zone, we can expect a temporary price stabilization or a bounce.However, it's essential to monitor price action closely for confirmation of support before considering any bullish positions.Resistance is anticipated near $15.33, which has demonstrated significance in the past.Once the price stabilizes and confirms support within the $17.16 to $16.75 zone, the next target would be to overcome the resistance at $15.33.A successful break above $15.33 resistance could signal a potential reversal of the downtrend and may indicate further upward momentum for Chainlink (LINK).Overall, Chainlink (LINK) is currently experiencing a shift in momentum from the weekly timeframe to the 4-hour timeframe, with support expected in the $17.16 to $16.75 range. Traders should closely monitor price action for confirmation of support and potential opportunities for entry or exit positions.

LINKUSDT IDEAHello Trading view Family / Fellow Traders.I hope you have used and benifited from the previous analysis .In today trading session we are monitoring LINKUSDT for a buying opportunity,LINKUSDT UPDATEMoving as we predicted✅Running near our ultimate Target✴️+25% Profit💸 so far ✍️

Link usdt Binance Futuers Analysis LINKUSDT Long /Short Entry And Exit Points ,Follow The Chart Support /Resistance For Swing Trades For Maximum Gain ,Scalp (3-4 Days) Tp /Entry Are Mentioned In Chart Important: Always Use Low Lev Never Gamble N Greed .

CHAINLINK LONGDeacending broadening wedge breakout Strong resistance level breakout Entry planning RRR 1;5

Link usdt preShowings positives breakout with volume after 15 month consolidation in narrow range 5-10 dollar if holds above 5 dollor on monthly closing bases expecting a huge rally towards 40-55 levels in next 2 year Enter on correction towards 10 and below .( This are my personal views i might be wrong to. this is purely for study purpose .)

Shorting LINK herelooks like a break to the downside, I take a position here.MFI, volume down!