$LINK PRICE FORECAST | IS $100+ POSSIBLE? | CRYPTOPATEL



#LINK Is Trading Inside A Multi Year Descending Channel On The 3 Weekly Chart Since The 2021 Cycle High Near $53.

After A 86%+ Cycle Correction, Price Has Compressed Into A Higher Timeframe Demand Block Between $7.50-$5.60. A Critical HTF Accumulation Zone With Confirmed Bullish Order Flow. Market Structure Suggests Smart Money Absorption At Macro Support With Repeated Sell Side Liquidity Sweeps Fully Absorbed.

Current Technical Structure:
Descending Channel Resistance Intact From 2021 ATH
Price Trading At Range Equilibrium Near $8
Multiple Higher Lows Printed Inside HTF Demand Block
Sell Side Liquidity Swept Into Support + Full Absorption
Extreme Volatility Contraction On 3W Timeframe, Expansion Imminent
Significant Liquidity Pools Resting Above $26 / $52 / $100
Fractal Structure Mirroring Previous Cycle Compression Before Breakout

Key Confirmation Signal: Acceptance Above Descending Trendline Resistance + Break Of Range High On 3W Close.

CryptoPatel Targets: $26.30, $52.22, $100.00
Projected ROI From HTF Demand Zone: 1,232% To 1,675% Expansion. From Current Price To TP3 = ~1,110% Move.

Bullish Bias Remains Valid As Long As: $LINK Holds Above $4.76 On 3 Weekly HTF Demand Zone.
Invalidation: 3W Candle Close Below $4.76 (Structure Failure, Downside Continuation)

This Is A High Timeframe, Patience Based Setup With Asymmetric Risk Reward. Best Suited For Spot Accumulation & Long Term Swing Positioning.

TA Only. Not Financial Advice. Always DYOR.
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)