Get started

LINKUSD

LINK : CLOSER LOOKSupport and resistance Just see price action and then take ur decision I look forward to the yellow descending line for the first main target . PS. *** All of my analysis is for scalping method, Not suitable for coin holders / Investor.... It's my trading diary particulary to practice scalp trading skill. *** If you follow it please adjust the stop loss at your acceptable risk. >>>>FYI When I trade I use low leverage and only cut loss . Feel free to share your thoughts, Trade safe and fun!
BINANCE:LINKUSD
by baby_rhino
LINK (Chainlink) Token Analysis 26/03/2022Fundamental Analysis: 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. Chainlink is one of the first networks to allow the integration of off-chain data into smart contracts. With many trusted partners, Chainlink is one of the major players in the data processing field. Due to the integration of off-chain data, Chainlink has attracted the attention of numerous trusted data providers, including Brave New Coin, Alpha Vantage and Huobi. Data providers can sell access to data directly to Chainlink, thus monetizing the information they have. As a decentralized network, Chainlink allows users to become node operators and earn revenue by running critical data infrastructure required for blockchains’ success. Chainlink uses a large collection of node operators to collectively power a wide range of decentralized Price Feed oracle networks live in-production, which currently secure billions in value for leading DeFi applications like Synthetix, Aave, Compound and more. As an Ethereum-based ERC-20 token, Chainlink is secured by the proof-of-stake (PoS) consensus mechanism. Unlike the proof-of-work (PoW) consensus utilized by Bitocin, PoS relies on the amount of staked tokens for selecting node validators. PoS protocols were created with the idea to battle the vast power consumption required by PoW systems. PoS models are becoming increasingly popular as they need less electrical power and are easily scalable. While PoW has proven itself a reliable consensus mechanism, Ethereum and all other ERC-20 tokens have been growing rapidly and setting the trend in the space. Sergey Nazarov is a co-founder and CEO at Chainlink Labs. He graduated with a degree in business administration from New York University, with a focus on philosophy and administration. His professional career began as a teaching fellow at NYU Stern School of Business. In 2009, Nazarov co-founded ExistLocal, a peer-to-peer marketplace for authentic local experiences. In 2014, he also co-founded CryptaMail, a completely decentralized, blockchain-based email service. In 2014, Nazarov teamed up with Steve Ellis and launched SmartContract, a platform that brings smart contracts to life by connecting them to external data and widely accepted bank payments. SmartContract was one of the entrepreneurial ventures that led Sergey Nazarov to the founding of Chainlink. Steve Ellis graduated with a degree in computer science from New York University in 2010. Right after graduating, he became a software engineer at Pivotal Labs. In 2014, he co-founded the Secure Asset Exchange, a company facilitating easy web access to a decentralized asset exchange. Chainlink has grown from aggregating and providing cryptocurrency price data to DeFi protocols like Aave, to a lot more. The ecosystem currently access over 1B data points, securing over $75B in value through 1,000 project integrations with 700 oracle networks. Mainstream organizations like AccuWeather, FedEx, FlightStats and the Associated Press have partnered with Chainlink for data verification. However, one of the biggest wins Chainlink have secured is onboarding Eric Schmidt, ex-Google chairman and CEO, as a technical advisor to the oracle network protocol. According to Schmidt, "Chainlink is a secret ingredient to unlocking the potential of smart contract platforms and revolutionizing business and society," and he is interested in helping Chainlink build a world powered by truth. Schmidt joins other notable Chainlink advisors including former LinkedIn CEO Jeff Weiner and DocuSign co-founder Tom Gonser. On the roadmap for 2022, Chainlink will finally rollout staking for LINK holders to secure the network and earn rewards. Chainlink has been working on a staking solution for years, however oracle networks are not a blockchain but a form of decentralized computing. Co-founder Nazarov explained that Chainlink does not produce blocks but “make consensus on hundreds of oracle networks about price data.” He says the team is finally satisfied with the security and scalability of the consensus mechanism and ready to launch staking this year. During the initial coin offering (ICO) for LINK in September 2017, Chainlink announced a total and maximum supply of 1,000,000,000 LINK tokens. The current supply is about 453,509,553 LINK tokens, or about 45% of the total supply, as of end-September 2021. The Chainlink price at ICO was $0.11 and a total of 350 million LINK tokens were sold. This represents an over 200X from the ICO price to Chainlink price today. Chainlink price experienced a massive bull run in the period around mid-2019 to mid-2020. Chainlink bulls were colloquially referred to as “LINK Marines,'' becoming a well-known meme in the crypto community. Chainlink price reached an all-time high of $52.88 on May 9, 2021, on the back of an overall crypto market rally, as well as ongoing developments in the Chainlink ecosystem. According to the ICO documentation, 35% of the total token supply will go towards node operators and the incentivization of the ecosystem. Another 35% of LINK tokens were distributed during public sale events. Lastly, the remaining 30% of the total token supply was directed towards the company for the continued development of the Chainlink ecosystem and network. The current CoinMarketCap ranking is #23, with a live market cap of $7,330,359,824 USD. It has a circulating supply of 467,009,550 LINK coins and a max. supply of 1,000,000,000 LINK coins. Technical Analysis: There Exist a Bullish Divergence of Price Action and MACD, which is the sign of Bearish Trend Reversal and Start of a new Bullish Cycle. The Price of Asset has already Touched the 78.6% Fibonacci Retracement Level, which is a very critical Support Zone and it indicate that the asset is very much Undervalued, so soon we can observe that the Smart Money will Inflow and the current Accumulation Phase will end, eventually the Price shall Increase exponentially. We have defined the Total of 3 Targets using the Fibonacci Trend Base Extension levels, which can forecast the Hight of the upcoming cycle, The 3 TP gets confirmed as the Price Triggers the 2 TP followed by some Price Correction.
Long
by BitonGroup
4
LINKUSDT trade bullish zone updateLINKUSDT trade has perfectly went towards fake point. As we recommended before, blue fake break area was with highest buy entry. Trade is boosting up from predicted point. We publish precise and compact information after careful consideration which give you quick glimpse for comparative analysis. Our aim is to deliver simple and compact information which can be used by beginner to give them brief understanding of trades without any complexity. if you have any question or want to ask about analysis of other pairs or you have any confusion about analysis then feel free to ask us. Don't forget to support by share your ideas and hit like and subscribe button. You can support us through coins donation for more frequent signals.
by AussieLeader
2
Chainlink: 3 Bullish Signs#LINK #Chainlink has been dormant and bearish for quite some time. There are a few key things to note: 1. Whales are increasing buying of the token You can visit www.whalestats.com to see the top ETHEREUM wallets and what they are purchasing/holding, many are starting to acquire LINK ---------------------------------------------------------------------------------------------- 2. Selling volume decreasing on the chart with trapped sellers This trading range has been going for quite some time yet the sellers were not able to secure a successful downwards breakout ---------------------------------------------------------------------------------------------- 3. Fitting Wyckoff Schematic quite nicely The Wyckoff Schematics help us identify the different between Accumulation and Distribution Trading Ranges - In a Trading Range the price Zig Zags up and down until eventually a breakout occurs, using the Wyckoff Accumulation Schematic we can see there are some clues in the similarities of the chart and the schematic that tell us LINK may be ready for a test of the upper bounds of the Trading Range.
Long
by Worth_The_Ri5k
8
LINK/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. Link to previous chart: If you press play on the previous chart, you can see that we went lower and a new impulse trend did not start. We were still correcting and finishing up the C wave with the false breakout on the B. On the current chart we've either found the bottom or have one more leg down. The support and resistance lines are mapped out and the thicker lines mean there's either heavy resistance or support there. Currently we're having trouble getting above this resistance line, the EMA's are starting to curl up though, if we can manage to stay above it then I believe the next impulse wave can start for the bigger wave (3) cycle. This area is key levels for accumulation zone so no idea how long we will stay here. The white squiggly line is the line we'd all hate to see lol. Either way, price targets should be reached, just a longer route to it.
COINBASE:LINKUSD
by AyoKu
1
LINK surges to $15.The Chainlink price analysis is bullish today as the price took an upwards turn surprisingly after breaking downwards today. The price function has been headed upwards for the last 16 hours, continuously marking bullish supremacy. LINK price has recovered up to $15 level, and soon link will be reattempting $15.3 crucial resistance. Overall the last week proved significant for the buyers as the price action has been upwards mostly. Today bulls have successfully crossed above yesterday’s resistance of $14.5, and now bulls are marching towards their next target of $15.3. The 1-day price chart for Chainlink price analysis shows bulls have recovered the price level up to $15, as the cryptocurrency is trading hands at $14.95 at the time of writing. The LINK/USD shows an increase in price value by 3.8 percent over the last 24 hours and also reports an increase in price value by 14.8 percent over the past week as the trend has been upwards during the week. On the other hand, the trading volume has decreased by 16.6 percent, but the market cap has improved by four percent in the last 24 hours. The volatility is high, and the average line of the volatility indicator is forming at $13.9, representing support for the LINK/USD pair. The upper value of the indicator is at the $15.6 level representing resistance for the coin’s price, and the lower value is at the $12.1 level. The Relative Strength Index score has also improved, and the RSI, after climbing up, is now trading at index 54, indicating the buying activity in the market. The Chainlink price analysis suggests the bullish momentum has been quite steady, but as bulls have been in the lead for the last 16 hours and the price is in the lower price range, bulls might be exhausted now as the RSI curve is also flattening up on the 4-hour chart. So we expect LINK to start retracement shortly before breaking above $15.3 in the later hours of today’s trading session.
COINBASE:LINKUSD
by AxiomEx
LINKUSDT, Did you took this amazing position ??Hello everybody Did you bought ?? or took long position ?? According to the chart and last analysis that we publish we shown on chart that the price made 2 triangle and this become more powerful that the price wanna have some rises price to the resistance zone level and exactly this scenario was happend and now we are in the way to reach to the target that we update and shown on chart . Dont forget observe capital manaegement and use stop loss. Previous analysis : If you have any question or need any help , send us messages Good Luck Abtin
Long
by Abtin00
LINKUSDT, We have 2 triangles, ... ??Hello everybody Did you check whales s wallet ? They are hodling Link in last days, what they gonna do ? Do you know about Link project , its one of the powerful project in crypto but in these days its attractive for the whales and ... According to the chart and last analysis , the price exactly move upwards from the Minor support and now according that we shown we have 2 decreasing angle triangle and what is it mean ? Its tell to everyone that the price has chance to rise up to reach to the top of the triangle and after it happens we can predict other scenario that we have. Everything in these days of market it depends on Bitcoin and Bitcoin it depends on Fed s event for the rate of central bank ... But if you want to take in position and buy some link please check the chart in lower time-frame then take signal then entrance in any position and DONT FORGET USE STOP LOSS AND OBSERVE CAPITAL MANAGEMENT Good Luck Abtin Previous analysis :
Long
by Abtin00
2