🔗Chainlink(LINK)🔗will Go Down by Triangle⏰(1-Hour)⏰
Updated
Hi, everyone👋.
🔗Today, I decided to analyze Chainlink(LINK) for you. I hope that it is useful to analyze.
📚What Is Chainlink(LINK)❗️❓
🔸Founded in 2017, Chainlink is a blockchain abstraction layer that enables universally connected smart contracts. Through a decentralized oracle network, Chainlink allows blockchains to securely interact with external data feeds, events, and payment methods, providing the critical off-chain information needed by complex smart contracts to become the dominant form of digital agreement.
🔸The Chainlink Network is driven by a large open-source community of data providers, node operators, smart contract developers, researchers, security auditors, and more. The company focuses on ensuring that decentralized participation is guaranteed for all node operators and users looking to contribute to the network.
🚩It seems that Chainlink(LINK) is creating a Contracting Triangle between two areas of 🟢Support🟢 and 🔴Resistance🔴.
🔔I expect Chainlink(LINK) to move towards the 🟢support zone($7.34-$7.13)🟢 after breaking the lower line of the Contracting Triangle.
Chainlink Analyze (LINKUSDT), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
🔗Today, I decided to analyze Chainlink(LINK) for you. I hope that it is useful to analyze.
📚What Is Chainlink(LINK)❗️❓
🔸Founded in 2017, Chainlink is a blockchain abstraction layer that enables universally connected smart contracts. Through a decentralized oracle network, Chainlink allows blockchains to securely interact with external data feeds, events, and payment methods, providing the critical off-chain information needed by complex smart contracts to become the dominant form of digital agreement.
🔸The Chainlink Network is driven by a large open-source community of data providers, node operators, smart contract developers, researchers, security auditors, and more. The company focuses on ensuring that decentralized participation is guaranteed for all node operators and users looking to contribute to the network.
🚩It seems that Chainlink(LINK) is creating a Contracting Triangle between two areas of 🟢Support🟢 and 🔴Resistance🔴.
🔔I expect Chainlink(LINK) to move towards the 🟢support zone($7.34-$7.13)🟢 after breaking the lower line of the Contracting Triangle.
Chainlink Analyze (LINKUSDT), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Trade active
Note
I transferred Transfer Stop Loss(SL) to Entry Point(EP) = Risk FreeTrade closed manually
Trade active
Note
I transferred Transfer Stop Loss(SL) to Entry Point(EP) = Risk-Free Second Position.
Trade closed: target reached
Note
LINK will hold the support zone for short-term.
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