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Chainlinkusd

LINKUSD : COIL / POSITION / SWING TRADEChainlink is a decentralized oracle network that brings off-chain data into an on-chain format, bridging the gap between the isolated blockchain and real-world data. It aims to ensure that the external information (pricing, weather data, event outcomes) fed to smart contracts remains untampered with. Chainlink is built on top of the Ethereum blockchain and Chainlink (LINK) is the native token of the protocol. LINK is used to pay Chainlink network operators for their services. Smart contracts are the “If-This, Then-That” software code through which instructions will be executed when specific conditions are met. However, smart contracts can read only on-chain data. For smart contracts to read real-world data, they must find a way to connect and synchronize with external data sources. This is where oracles are used as the ‘bridge’ that allows off-chain data to be made available on-chain. The Chainlink protocol is a decentralized network of nodes that enables real-world data to be made available on-chain. Chainlink’s main users are project developers who want to integrate Chainlink into their projects or those who want to sell their data and become part of the participating nodes. Some of the notable players participating in the Chainlink ecosystem include Aave, Synthetix, Yearn.Finance, and Google. 29 Projects Integrated With Chainlink : decrypt.co Deep Dive on Chainlink and Risks : youtu.be Source : Coin Bureau, www.youtube.com
BINANCE:LINKUSDLong
by TradingMavericks
LINK - 1D. We expect a retest of the range of $22-24We haven't updated our thoughts on the LINK coin for a long time. Our last idea for the scenario of a local fall worked, but it was a short-term target: However, after that, the LINK market was waiting for a powerful collapse, during which the price hit the mark of $15 . The reason for such a powerful fall was two massive liquid zones, in which there were a large number of buyers stop orders . The first powerful impulse for the fall occurred after the breakout of the white trend line of buyers: Buyers held this trend line from January 2021 and confidently defended it 4 times. The loss of control over the white trendline of buyers triggered a wave of decline in the important price range for LINKUSD $22-24. The importance of this range was noticeable back in January 2021: Before the test of this range in January, buyers found it difficult as the resistance increased significantly. This is noticeable in terms of trading volumes. However, just below this range was the second liquid zone of buyers' stop orders. Having touched it, the LINK price made another wave of decline, which tested the mark of $15 . The positive thing in this situation is that in a few days the buyers managed to significantly rehabilitate themselves and raise the price by 100%. Thus, the price of LINKUSDT is now trading in the range of the previous all-time high of $32-35. On May 20, sellers managed to keep this range and this became the reason for the continuation of the fall. For a confident continuation of the LINK price growth with a target of $42 , we will expect a retest of the range of $22-24 . If the local fall wave passes without much aggression, then we will gladly buy LINK from this range. This scenario is confirmed by the LINKBTC chart: The chart shows that buyers have kept the price of LINKBTC within the channel and the prospect of continued growth is quite high. However, without price fixing above the liquid range, we would not be in a hurry to buy Chainlink.
by P_S_trade
44
Chainlink looking very bullish!Link has performed very well after the "bottom" a couple days ago, we are sitting right on the 0.6 Fib level and aswell moved above the 200 day MA! Tonight will be a big close for link i would really like to see us hold this 0.6 Fib and 200 day MA, then i think we got a good chance of moving higher, but right not everything is riding on BTC with the market generally following Bitcoins moves. We found some down slopping support on the RSI and now we're seeing a little bit of a come down right around the oversold area. We gotta see a move up above the 50. point on the RSI to get that confirmed uptrend! Zero Lag MACD looks very bullish with our red lead flying upwards with our blue and orange flipping very recently to bullish, we want to see our Blue MA stay ontop of the orange and start to spread out to really start seeing some bullish momentum!! Not financial advice just my opinion!
COINBASE:LINKUSDLong
by JacobR905
2
LINK / USDChainlink is one of the many cryptocurrencies currently in circulation. It differs above all from other cryptos thanks to its function as a decentralized oracle system. It is therefore not content to present itself as virtual currency. But it also acts as a benchmark tool to bring more safety and security to the data that is processed on the blockchain. And that's the whole point of using Chainlink. In other words, Chainlink is an application capable of collecting relevant data from events taking place in the real world. Then it inserts this data into the smart contracts that are in the blockchain for use.
by HolderYoda
LINKUSD Back to Objectives before Panic SellingLINK seems decided to go back to the goals of before panic selling, my Marketmiracle advisor generated two input signals for the Chainlink around 44 USD with 55.70 target Analyzing graphically the graph would seem to actually be the typical features of an upside down head shoulders with that price target. You can follow my advisor’s real-time signals to marketmiracleadvisor.com is a free service and does not require any type of registration.
BINANCE:LINKUSDLong
by MarketMiracleAdvisor
1
Link Ready To Explode!!Chainlink was cruising at ATH's about a week ago and has since been feeling this market correction, good news though Link has found very strong support, both uptrend support and accumulation support. The important thing is Link continues to make higher lows on a longer TF. I am bullish on Link, Defi and altcoins. We also have good support coming from the RSI higher lows aswell, would be very key to see a push above the 50. point like we saw on the second highest low, just below the 50. then we shoot back up. Now saying that remember everyone is watching BTC as the market will follow. The MACD i think is starting to look very bullish with the red lead bottoming out and slowly curving back up, and the blue MA is getting closer to the orange, hoping to see a bullish flip and a big swing up. Also the ascending channel looks very familiar to what we saw April 15 Aprx. Big swing down out of the channel creating a higher low and finding support then to afterwards shoot back up creating a new ATH! Not financial advice just my opinion! Also check out my NFT work on rarible, have a fire artists album cover dropping soon! rarible.com
COINBASE:LINKUSDLong
by JacobR905
1
Link, ChainLink - 2 entry points. Look where...The first, I wanna congratulate everyone who opened position at 35$ and earned more than 25%. I gave this idea on April 29. The second, now I see 2 entry points for u. If price continue dropping, It will be a good entry near to the key level with small SL. And on other hand, if price starts squeezing near to resistance line, it will be great breakout pattern to buy. Set alerts and wait for your moment. And don't forget about using stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
by Yuriy_Bishko
8
Chainlink (LINK) to test ATH and Beyond 54% Gain: Update Chainlink (LINK) to test ATH and Beyond 54% Gain: Update 07/05/21 58% Gain from Buy Zone 2. Next Stop $57 @ 161.80% Fibonacci extension, 18% Gain from the current price level @ $48. See previous analysis below. Happy Trading :) Chainlink (LINK) Update: 44% Gained, 10% to New ATH @ 161.80% Fibonacci Level. See previous analysis below. Happy Trading :) Next stop $47 for $LINK Update from 05 /04/21: Chainlink (LINK) to test previous ATH and Beyond 54% Gain to 161.80% Fibonacci level @ $47. Since reaching a new ATH on the 20th February @ $36.84 Link has been consolidating in this range between 61.80% and 23.60% Fibonacci level ($30 to $24) showing significant profit takers in the market as we have seen the bulls try to push the price above the 61.80% Fibonacci level and failing to break past this key resistance level 3 times over the past 42 days. On the 29th March our Swing Call script triggered a strong buy signal just above the 38.20% Fibonacci level and we actually saw the price push past the key area of resistance for the first time since setting the new ATH . Since then we have retraced back down touching the 50 SMA (a clear fake out from LINK). From here we expect another test of the 50 SMA before the LINK can truly break out of this key area of resistance to push past the 78.60% Fibonacci level and a test of the previous ATH which we can expect to be tested @ $36.84. This run from LINK has been long awaited with a lot of solid fundamental news around the project. If we see a break above $33 we can expect a probable 54% Gain to the 161.80% Fibonacci level and our price target of $47. Be patient, wait for further confirmation from price action, use buy zone to map out your buys whether you are already in LINK and want to DCA or are planning to make an entry. Happy trading :) $LINK
KRAKEN:LINKUSDLong
by CryptocurrencyMagnet
💡Don't miss the great buy opportunity in LINKUSDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (44.440). . if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . LINKUSD is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 70. Take Profits: TP1= @ 55.000 TP2= @ 66.000 TP3= @ 77.000 TP4= @ 88.000 TP5= @ 99.000 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
5