LINK price trends and trading suggestions
This report provides Chainlink (LINK) short-term, medium-term and long-term trend analysis based on current market dynamics, combining long-short ratio, liquidation intensity, opening points, take-profit and stop-loss levels to form a complete trading strategy recommendation.
Market Overview
Market Overview:
Spot Price: $16.89
Contract Price: $17.00
Current time: November 23, 2024
Current Market Price: $16.89
Total market value: $10,582,283,620 USD
24-hour trading volume: $1,970,921,359 USD
Long-Short Ratio
Exchange Name Long/Short Ratio
Binance 1.25
OKX 0.90
dYdX 1.05
Crypto.com 1.15
BingX 0.85
Bitget 0.95
It will be 1.00
Bybit 1.10
The table shows the long-short ratio values on different exchanges. For example, the long-short ratio on Binance is 1.25, indicating that long positions are dominant, while the long-short ratio on OKX is 0.90, indicating that short positions are dominant.
LINK liquidation strength
Price Range Cumulative Short Liquidation Strength (Billions) Cumulative Long Liquidation Strength (Billions) Leverage Type Liquidation Strength (Billions)
>17 USD 1.5 2.0 100x 1.2
>16.50 USD 1.2 1.8 50x 0.9
<16 USD 1.0 1.4 25x 0.8
<15.50 USD 0.8 1.1 10x 0.6
This table provides information on liquidation strength for different price ranges and leverage types. For example, the liquidation strength of long positions using 100x leverage in the ">17 USD" price range is 1.2 billion.
Trading strategy suggestion table
Time period Long position opening point Long take profit Long stop loss Short position opening point Short take profit Short stop loss Trend
Short term (15 minutes) 16.90 17.20 16.70 16.70 16.40 16.90 Neutral
Medium term (4 hours) 16.80 17.50 16.50 17.20 16.60 17.40 Bullish
Long term (24 hours) 16.70 17.80 16.20 17.50 16.30 17.70 Bullish
This table provides opening, take-profit, stop-loss points and trend judgment for different time periods. In the short term, the market performance is neutral, and the medium and long term trends are bullish.
Specific strategy recommendations
Short term (15 minutes)
According to the current market sentiment, it is recommended to open long at 16.90, with the target profit point at 17.20 and the stop loss point at 16.70.
If the market sentiment tends to be fearful, it is recommended to open a short position at 16.70, with the target profit point at 16.40 and the stop loss point at 16.90.
Midterm (4 hours)
According to market sentiment, it is recommended to open long at 16.80, with the target profit point at 17.50 and the stop loss point at 16.50.
If the market trend is downward, it is recommended to open a short position at 17.20, with the target profit point at 16.60 and the stop loss point at 17.40.
Long term (24 hours)
According to market sentiment, it is recommended to open long at 16.70, with the target profit point at 17.80 and the stop loss point at 16.20.
If the market trend shows obvious weakness, it is recommended to open a short position at 17.50, with the target profit point at 16.30 and the stop loss point at 17.70.
Grasp the market trends and discover more potential opportunities#LINk💰智能多空策略
