Is Chainlink a Good Investment?

Bitcoin and Ethereum, the flagships of the cryptocurrency market, are currently experiencing impressive growth. However, given their current valuations and strong fundamental foundations, they now primarily serve as relatively stable assets within crypto-focused portfolios.

For traders and investors seeking higher returns — which is far from unrealistic in the world of digital assets — it becomes essential to diversify into altcoins. These smaller-cap cryptocurrencies often offer significantly greater upside potential, especially during strong market cycles.

While Bitcoin and Ethereum may anchor a portfolio, those aiming for multiples of appreciation must look beyond the top two coins. The key question now is: which altcoins are showing the strongest setups for triple-digit growth?

One of the most promising candidates in the current market environment is Chainlink — a project whose price previously formed a solid buy setup, and now, that setup has been reestablished. This creates a new opportunity for those aiming for double-digit percentage gains.

Chainlink technical analysis

LINKUSD - 1 Day Time Frame

Whether you're already holding a position in LINK or are just considering entering, the current price level remains seemingly favorable for both scenarios.

Both the original and this renewed setup are based on our proven and time-tested entry criteria, which have consistently delivered strong performance.

Specifically, the setup consists of two key technical parameters: liquidity sweep, which signals institutional involvement, and the formation of a strong support zone, which confirms a shift in price delivery. These elements are clearly marked on the attached chart for easy reference.

Chainlink price target

Given that both criteria have been met, the entry remains valid. As long as the price stays above the blue support zone on the daily timeframe, traders may choose to hold the full position with more confidence.

If, however, the price closes below this zone, it would be advisable to partially reduce the position before the final Stop Loss, which can be placed below the internal higher low, is reached.

From a risk management perspective, it's equally important to define levels for partial profit-taking. In our view, the most strategic points for this are the Buy-Side Liquidity levels, where concentrated orders often provide high-probability exit zones.