CHAINLINK ready for the RUN! On the 3D chart, we have:
Breakout on the Trendline.
Breakout on the RSI.
Breakout on the SMA 200.
And a Golden Cross.
You can´t get more bullish signals if you want, but it doesn´t mean that in the short term we can´t take a correction.
If we get it,The Pullback is a BUY.
Fundamentally as I think we are in the year 1999 for Internet but for crypto now, BINANCE:LINKUSDT is one of those that has value. There are not many of them.
Selling is a must during this Bull MKT top.
LINK
#LINK/USDT#LINK
The price is moving in an ascending channel on the 4-hour frame upwards and is expected to continue.
We have a trend to stabilize above the moving average 100 again.
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards.
We have a support area at the lower limit of the channel at a price of 10.84.
Entry price 11.33.
First target 12.00.
Second target 12.47.
Third target 12.95.
SasanSeifi| Potential Correction or Breakout Ahead?In the long-term chart analysis of BINANCE:LINKUSDT , we observe that the price has entered a corrective phase from the $22 price range. This correction continued following a positive reaction to a major demand level at $7.50, leading to a period of price consolidation within this area. As shown on the chart, after renewed fluctuations, the price faced resistance at a key supply level and the long-term descending trend line, resulting in a bearish reaction.
If we observe a sell confirmation in these price zones from lower timeframes and a break below the $10 level with price stabilization beneath it, LINK may correct further towards demand zones at $7.50 and $5. To better understand the ongoing movement, it is crucial to observe how the price reacts to these support levels, as they could serve as pivotal points.
Key resistance levels for LINK are positioned between $12.50 and $13. Alternatively, we can consider a bullish scenario. For this to unfold, the price would need to break through the critical supply level. If it consolidates above this level, LINK could move towards targets of $15 and further upwards to $17 and $20.
💢This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
Is the LINKBTC chart projecting more #DEFI & #ALTCOIN pain?Since topping out nearly 4 years ago
the #LINK versus #BTC ratio has been down and to the right, with relief rallies being sold into.
Clear trend of lower high's and lower low's.
The trend has not been friendly to the Link Marines!
Are we repeating the tale of #XRP and their faithful army?
Both get dumped on by the their respective foundation or founding company.
Both claim Banks will use their products / software ...
Link does have #CCIP usage but it is not the only #interoperability solution.
We already have #RWA on the blockchain.. they are called #stablecoins.
Either this ratio is in danger of breaking down.
Which maybe signalling a broader #Altcoin market demand destroying period....
Could #geopolitical tensions explode this summer to cause a massive #RISKOFF event and the #Dollar to spike?
LINK Long (short-time swing)Will try to catch another long swing on LINK.
Market is pretty bearish, but there can be another one move inside the triangle. 12H candle close below its border its a not a very good sign, but there are pretty much of obstacles before SL.
Now entry zone is passed and all orders are filled already.
Lets see what will happen next.
Average ATR of last 3 waves is already exhausted, so I could count on reversal only if it will not be a total dump.
Frankly, I don't feel like explaining, the chart says it all !!BINANCE:LINKUSDT is forming a falling wedge on Daily timeframe , Up we go if we do breakout. the price can be bullish and I expect the price to go up to the Fibonacci line of 0.618 = $17 Stay tuned for more updates, thanks.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Chainlink LINK price: ready, steady.... go !)As soon as the CRYPTOCAP:LINK price on the OKX:LINKUSDT chart stacking in consolidation above the blue trend line, a powerful upward trend begins
This was the case with the price of the #Chainlink token in 2019, in 2023/24, will it happen again in 2024/25?)
Yes 👍 No 👎
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#LINK (SPOT) entry range( 9.50 - 11.00)T.(16.87) SL(9.28)BINANCE:LINKUSDT
entry range ( 9.50 - 11.00)
Target (16.87)
SL .1D close below (9.28)
*** collect the coin slowly in the entry range ***
*** No FOMO - No Rush , it is a long journey ***
**** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO #FORTH # AST #PORTAL #CYBER #CLV #RIF #ENJ #ZIL #APT #GALA #STEEM #ONE #LINK ****
Chainlink Set to Surge As Chart Shows Bullish Breakout Incoming Chainlink ( BIST:LINK ), a prominent decentralized oracle network, is capturing attention with a substantial platform upgrade unveiled at the 2024 SmartCon event and a potential breakout from a powerful technical formation. Currently trading within a significant symmetrical triangle, Chainlink’s price trajectory could be set for a 50% surge, potentially reaching $15 to $20 if bullish sentiment continues to build.
Key Developments in Chainlink’s Platform: Introducing the Chainlink Runtime Environment (CRE)
At SmartCon 2024, Chainlink co-founder Sergey Nazarov introduced the Chainlink Runtime Environment (CRE), marking a significant milestone for the platform’s evolution. The new CRE aims to address the modularity and security demands of the rapidly evolving blockchain landscape. Through this upgrade, Chainlink ( BIST:LINK ) not only reinforces its place as a decentralized bridge connecting blockchains with real-world data but also enhances its flexibility and scalability for developers across diverse industries.
CRE's modular and extensible architecture is a leap forward in design, allowing developers to integrate essential functionalities like on-chain data access and API interactions with ease. This is made possible through decentralized oracle networks that maintain a high-security environment, ensuring that each operation remains isolated and independently secure. This structure is particularly beneficial for industries such as capital markets, where complex data processing workflows require both security and adaptability.
Additionally, the CRE upgrade supports a gradual, user-friendly transition for current users. This strategic rollout ensures that existing workflows are not disrupted while granting developers access to Chainlink’s advanced features and decentralized security measures. Through this innovative architecture, Chainlink ( BIST:LINK ) stands ready to scale interoperably across numerous blockchains, meeting the expanding demands of capital markets and Web3 applications alike.
Chainlink's Modular, Composable Architecture: A Future-Proof Solution
This latest Chainlink update introduced a modular, composable architecture across multiple chains. It allows developers to design solutions using standardized components and familiar programming languages, offering customization without the need to consider chain-specific constraints. This approach caters to the decentralized finance (DeFi) and capital markets sectors, where complex, cross-chain solutions are increasingly essential.
Chainlink’s vision for CRE aligns with the needs of large-scale enterprises that require adaptable, multi-functional blockchain applications. By connecting smart contracts to real-world data, APIs, and payment systems, Chainlink provides secure, trustless communication between blockchain networks and external sources. This key upgrade underscores Chainlink’s dedication to expanding its platform to accommodate a wider range of blockchains while ensuring scalability and usability for developers.
Technical Analysis
From a technical perspective, Chainlink’s current trading pattern presents a notable opportunity. As of the time of writing, BIST:LINK is trading up by 2.12%, continuing to consolidate within a large symmetrical triangle. This pattern, formed when price movements become progressively tighter, typically indicates a potential breakout, either up or down. Given the current momentum, a bullish breakout could trigger a significant rally, with BIST:LINK possibly reaching the $15 to $20 range, marking an approximate 50% increase.
Key indicators support this bullish outlook
With an RSI at 58, Chainlink ( BIST:LINK ) is currently positioned to break out of the symmetrical triangle. The RSI in this range suggests potential upward momentum without being overbought, aligning with a possible breakout scenario.
Additionally, the emergence of a three white crows pattern—a candlestick formation that signals a bullish continuation or reversal—reinforces the likelihood of a strong upward trend. Typically, this pattern appears after a downtrend or within a consolidation phase, signaling renewed buying interest and an optimistic market sentiment.
If BIST:LINK successfully breaks through the upper boundary of the symmetrical triangle, the cryptocurrency could rally substantially. This price action could attract further interest from investors, amplifying Chainlink’s momentum and broadening its appeal.
Conclusion
With the unveiling of the Chainlink Runtime Environment, Chainlink ( BIST:LINK ) continues to position itself as a fundamental player in the decentralized oracle sector. This upgrade, aimed at modularity, flexibility, and cross-chain operability, has the potential to expand Chainlink’s impact on blockchain ecosystems and attract a more extensive developer and enterprise base.
As Chainlink ( BIST:LINK ) hovers within its symmetrical triangle pattern, the market is eagerly awaiting a breakout. With supportive technical indicators and ongoing platform advancements, Chainlink holds the potential for significant appreciation in the near term, underscoring its evolving role in connecting blockchain applications with the outside world. Investors and developers alike will want to keep an eye on Chainlink ( BIST:LINK ) as it stands at the intersection of fundamental innovation and promising technical movement, positioning BIST:LINK for a potentially transformative future.
$LINKUSDT: Breakout Alert!BINANCE:LINKUSDT is currently forming a symmetrical triangle pattern on the chart, indicating a potential breakout. After an extended consolidation phase, the price action suggests that LINK may be on the verge of a significant move. Traders should monitor key resistance and support levels as the price approaches the apex of the triangle. A confirmed breakout above resistance could signal a strong upward trend, particularly if it is accompanied by increased volume.
This setup presents an exciting opportunity for traders, as a decisive break could ignite a substantial upward movement. With the potential for a powerful rally after a lengthy period of consolidation, now is the time to stay alert for breakout signals. Always conduct your own research and consider your risk tolerance before making trading decisions.
BINANCE:LINKUSDT Currently trading at $12
Buy level: Above $12
Stop loss: Below $10.5
TP1: $13
TP2: $15
TP3: $19
TP4: $22
Max Leverage 3x
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LINK USDTLINK USDT is looking good after a long correction the price has been moving in a descending channel since March. After a confirmed breakout from the upper boundary of a descending channel and the resistance zone in Green at $12.52 - $13.03 the target will be the March height at $22.87.
All the targets are marked on the chart.
Everything is on the chart
Great area to LONG & SHORT!We have found temporary support above the range POC. and weekly level. I'm expecting the local lows into POC to be swept then bounce back into VAH/Daily/GP, then VAL for a bounce to range highs. VAL can also get tested first.
#Chainlink
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Chainlink Surges 4% on ANZ Collaboration Is $15 the Next Target?Chainlink ( BIST:LINK ), a pioneer in decentralized oracle networks, recently experienced a 4% price surge following a groundbreaking announcement of its collaboration with the Australia and New Zealand Banking Group (ANZ). Together, they aim to revolutionize private transactions for tokenized real-world assets (RWAs) using Chainlink's new CCIP Private Transactions. With the potential to reshape institutional adoption of blockchain, this partnership could be the catalyst for Chainlink's price to reach new heights, with analysts eyeing $15 as the next key target. Let’s dive into the fundamental and technical aspects driving BIST:LINK 's bullish outlook.
The ANZ Partnership and Private Transactions for RWAs
One of the major barriers to institutional blockchain adoption has been the lack of privacy in cross-chain transactions. Financial institutions require complete data confidentiality while interacting with both public and private blockchains to meet stringent regulatory demands, such as Europe’s GDPR (General Data Protection Regulation). Chainlink's latest innovation—CCIP Private Transactions—addresses these concerns, allowing institutions to securely conduct cross-chain transactions without exposing sensitive details.
ANZ Bank, one of the leading financial institutions in Australia and New Zealand, has taken the initiative to pilot Chainlink's privacy solution as part of Singapore’s Project Guardian—an initiative aimed at advancing tokenized RWAs. This move could pave the way for broader institutional blockchain adoption, solving a key privacy issue that has been holding back large-scale institutional use of blockchain technology.
In the words of Chainlink co-founder Sergey Nazarov:
> "The lack of adequate privacy has held back institutional use of blockchain technology. With CCIP Private Transactions, we expect to see more large-scale transactions and an increase in institutional blockchain adoption."
This new feature allows financial institutions like ANZ to maintain full privacy while conducting cross-chain transactions, potentially revolutionizing how RWAs are managed on blockchain platforms. With this powerful use case, Chainlink ( BIST:LINK ) stands at the forefront of enabling institutions to adopt blockchain on a large scale.
Chainlink’s Growing Ecosystem
Beyond private transactions, Chainlink ( BIST:LINK ) continues to strengthen its position in the blockchain space. Recently, the project integrated its Proof of Reserve feature across Solana and Ethereum mainnets to enhance security for wrapped Bitcoin tokens. Chainlink has also partnered with ZKsync and Coinbase’s Base network, pushing further into decentralized finance (DeFi) and cross-chain token transfers. The continued expansion of Chainlink’s ecosystem only adds to the bullish momentum.
Technical Analysis
At the time of writing, BIST:LINK is trading at a 4.53% increase, driven by strong bullish sentiment from the ANZ collaboration and new technological advancements. The Relative Strength Index (RSI) stands at 66, indicating a bullish trend. This is particularly significant as it suggests that BIST:LINK is moving out of its long consolidation phase and gearing up for further gains.
Looking at BIST:LINK 's price chart, the coin is emerging from a falling wedge pattern—a bullish technical formation that often signals a trend reversal and the potential for significant price movements. While the wedge isn’t particularly large, it’s still significant enough to push BIST:LINK towards the $15 mark, especially as we approach the Halloween season, a period historically favorable for altcoin performance.
Currently, BIST:LINK is trading within a bullish price channel, with immediate support found at $7.8. Should prices consolidate around this level, it could set the stage for a further breakout toward the $15 target.
Key Drivers for Chainlink’s Potential Surge to $15
1. Institutional Adoption
The partnership with ANZ and the introduction of CCIP Private Transactions could attract more financial institutions to adopt Chainlink’s privacy solution. Increased institutional adoption is likely to drive demand for BIST:LINK tokens, as they are essential for executing cross-chain transactions and utilizing Chainlink's decentralized oracles.
2. Tokenized Real-World Assets (RWAs)
With the ability to securely tokenize RWAs and conduct private cross-chain transactions, Chainlink has positioned itself at the forefront of a rapidly growing sector. As more institutions seek to tokenize assets such as real estate, bonds, and commodities, the demand for Chainlink’s technology and its native token, BIST:LINK , is expected to rise.
3. Broader Ecosystem Growth
Chainlink's partnerships with major blockchain platforms such as ZKsync and Coinbase’s Base add more utility to $LINK. These collaborations enhance Chainlink's role in cross-chain token transfers, decentralized finance (DeFi), and other blockchain applications, further cementing its dominance in the decentralized oracle space.
4. Bullish Market Sentiment
The overall bullish sentiment in the crypto market, coupled with BIST:LINK 's breakout from a falling wedge pattern, could drive prices higher in the short term. The combination of technical and fundamental factors makes $15 a realistic target for BIST:LINK in the short term.
Conclusion
Chainlink's ( BIST:LINK ) recent price surge following its collaboration with ANZ Bank for private transactions of tokenized RWAs marks a significant milestone for the project. With CCIP Private Transactions, Chainlink ( BIST:LINK ) addresses a key challenge in institutional blockchain adoption—privacy. As institutional use of blockchain technology grows, so too will the demand for Chainlink’s decentralized oracles and its native token.
Chainlink Price Poised for a Breakout: Can $LINK Reach $13?Chainlink ( BIST:LINK ), one of the most talked-about cryptocurrencies in the blockchain space, is showing signs of a potential breakout this October. After a volatile few months, the token has seen steady gains, rising from $10.60 to $11.13—a nearly 4% increase within the last week. This upward movement, alongside promising network developments and technical indicators, has investors speculating on whether the token can surpass the $13 mark in the near term.
Technical Outlook: Chainlink’s Path to $13
Technically, Chainlink’s price action presents both challenges and opportunities. The token is currently trading below its 200- and 100-day moving averages (MAs), reflecting a cautious market sentiment. However, the narrowing of the Bollinger Bands suggests a breakout could be on the horizon, with $13 as a potential upside target. Additionally, the MACD indicator is converging into a positive territory, hinting at a bullish momentum that may push the price higher in the coming days.
Despite some recent bearish signals, including a 2.53% decline as of this writing and a moderate RSI of 50.03, the token has held strong above key support levels. The next major test for Chainlink ( BIST:LINK ) will be overcoming the $12 pivot, a point seen by analysts as a significant resistance. If BIST:LINK breaks through, it could solidify the move to $13, especially given the bullish environment often associated with "Uptober"—a historically favorable month for cryptocurrencies.
Drivers of Chainlink’s Growth
Chainlink’s recent network upgrades and strategic partnerships are driving its price momentum. The introduction of staking has boosted investor confidence, offering them an opportunity to lock up tokens and earn rewards, reducing the circulating supply and increasing scarcity. Moreover, Chainlink’s Oracle services, which provide secure and reliable off-chain data to smart contracts, have expanded with the integration of Secure Mint.
The adoption of Chainlink’s Cross-Chain Interoperability Protocol (CCIP) by major players like Ronin, the gaming-focused EVM blockchain, is further strengthening the network’s ecosystem. As more platforms adopt Chainlink’s technology, the demand for LINK tokens continues to rise.
Whale Accumulation and Market Sentiment
Chainlink’s whale activity has surged, which is often a bullish signal. According to data from Santiment, the number of large BIST:LINK holders has increased from 489 to 502 in early October. Whale accumulation typically indicates that major investors expect the price to rise in the future, reinforcing the narrative of a potential breakout. Additionally, increased active addresses and transaction volumes reflect growing interest and usage of the Chainlink network.
Increased whale activity also raises the possibility of a short squeeze. Many traders currently hold short positions, and if Chainlink ( BIST:LINK ) can break through the $12 resistance, it could force short sellers to cover their positions, leading to a rapid price increase.
Potential Risks and Support Levels
While Chainlink’s future looks bright, there are risks to consider. The token remains vulnerable to broader market corrections, and a failure to hold above the $10.27 support level could see it retrace further, potentially to the $9.50 mark. Additionally, its underperformance compared to Bitcoin ( CRYPTOCAP:BTC ), which has seen stronger gains in recent days, highlights the possibility of more bearish moves if the overall market sentiment shifts.
However, if Chainlink ( BIST:LINK ) can continue building on its network upgrades and overcome key technical hurdles, the stage is set for a strong October performance, with $13 well within reach.
Conclusion: Is Chainlink Set for a Rally?
As of now, Chainlink is positioning itself for a potential breakout above $13, with the technical indicators and fundamental drivers both supporting an optimistic outlook. Increased whale activity, low exchange reserves, and major network developments all contribute to the bullish sentiment around the token. While the token faces immediate resistance at the $12 pivot, a successful breakout could set Chainlink on a bullish trajectory for the rest of October and beyond.
LINK/USDT 1W chart reviewHello everyone, let's look at the current situation of LINK 1W interval. In this situation, we can see the price rebounding from the downtrend line.
Let's start by setting goals for the near future, which include:
T1 = $11.49
T2 = $13.66
T3 = $15.54
T4 = $17.27
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $9.27. SL2 = $7.35. SL3 = $5.53
Looking at the RSI indicator, we see
as the movement took place in the upper range, which could have influenced the change in the direction of movement, giving a price recovery.
#LINK/USDT#LINK
The price is moving in a descending channel on the 1-hour frame
And it is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 10.60
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 10.80
First target 11.11
Second target 11.36
Third target 11.70
LINK Long Position (Major Support Level)Market Context: Many altcoins, including LINK, have retraced to critical levels of support, presenting an opportunity for a long trade. LINK is positioned well for a potential bounce, providing a favorable risk-to-reward ratio.
Trade Setup:
Entry: Between $10.00 - $10.90.
Take Profit:
First target: $12.50 - $13.30
Second target: $14.50 - $15.50
Stop Loss: Just below $9.40.
This setup leverages the strong support zone and potential for a bullish recovery. #LINK #Altcoins #Crypto