ChainlinkThe given idea is solely the subjective vision of the author, the author does not take any responsibility for financial or any other losses caused to third parties by using the given vision
LINKUSD.P trade ideas
Will LINK MANAGE TO CROSS $20?Bullish Turnaround: LINK showcases a bullish turnaround, aiming to end its consolidation phase.
$15 Bullish Breakout: A breakout at $15 signals a bullish comeback and hints at a potential jump to $20.
Rounding Bottom Pattern: The daily price action indicates a rounding bottom pattern with a neckline at $16.56.
Bitcoin's Influence on Altcoins: Bitcoin's uptrend readiness is positively impacting altcoins like Chainlink.
Higher Low Formations: Chainlink's price trend is forming higher lows, surpassing the $15 mark.
Growing Buyer Confidence: Increased confidence in Chainlink suggests a sprint towards $20.
10% Jump in 48 Hours: LINK's price action includes a 10% increase in the last two days, supported by bullish engulfing candles.
Intraday Trading Volume Rise: Rising intraday trading volumes back the ongoing recovery and hint at a longer uptrend.
Current Trading Price: LINK is currently trading at $15.833, indicating a bullish trend continuation.
4H Chart Range Breakout: In the 4-hour chart, LINK reflects a range breakout, signaling a potential entry point for further gains.
Technical Indicators - EMA and RSI: The positive spike in the 50-day EMA and the daily RSI line maintaining a positive trend suggest strong bullish momentum.
Year-to-Date Gain and Whale Interest: With a year-to-date gain of 189% and increasing interest from whales, LINK's bullish potential is significant.
Golden Cross on Weekly Link is forming a golden cross on the weekly chart, which is a bullish signal. Looking for +$20 link.
🚀 Link Breakout: Next Target 14.44! 🎯Hey Link Traders! 🤟
We've been riding the Link wave and it's been good to us! 🏄♂️
📈 Chart Analysis: The chart is as straightforward as it gets. We've been in a channel, hitting resistance and finding support like clockwork. 🕰️
🎯 Next Target: After the recent breakout, our eyes are set on 14.44. This level is the one to watch. 👀
💰 Last Entry: We got in at 6.03 and took profits along the way. The chart has been working like a charm. 🍀
🛑 Exit Strategy: If the price dips under the new support, we'll go short. But for now, we remain long. 📊
🔥 Why Link?: It's been one of the most reliable altcoins, and we've been quite active in trading it. Chainlinks is an oracle network that allows smart contracts to interact with data from off-chain. Web 3 beauty🐝
That's it, folks! Keep an eye out for more updates. 🛰️
One Love,
The FXPROFESSOR 💙
Chainlink's ($LINK) Superb Performance
Despite LINK's strong performance in recent months, the asset has been trading sideways for about three weeks. It fluctuates between local support at $13.3 and a resistance level at $15.3.
For a revival in trading activity, LINK needs to decisively break through one of these levels and establish a new threshold. Should the upward movement persist, LINK might approach the resistance area around $16.00-$16.61, with prospects of pushing towards $17 and $18.
On the flip side, if LINK descends and stabilizes below the $13.3 mark, the asset could drop to about $12.84 and even reach the support zone of $11.16-$12.05, where a substantial amount of buyer orders are situated.
LINK to the future! 1 to 1 Extension Bull Flag! LINK (Chainlink) Securely connects smart contracts with off-chain data and services. Decentralized oracle networks provide tamper-proof inputs, outputs, and computations to support advanced smart contracts on any blockchain.
Transaction Value Enabled (Trillions):
$6,973,444,253,833
The industry standard oracle network:
Chainlink greatly expands the capabilities of smart contracts by enabling access to real-world data and off-chain computation while maintaining the security and reliability guarantees inherent to blockchain technology.
What is TVE?
Transaction value enabled (TVE) is a Web3 metric that measures the aggregate monetary value of transactions facilitated by a protocol over a given time period. TVE is calculated by taking the sum of the USD value associated with each transaction that passed through a protocol during a given period.
LINK needs no introduction as it is the leader and first in Decentralized Oracle Space in Blockchain Technology!
With one of the Strongest communities around and a technology that the industry respects and relies upon... LINK will link the Future of Blockchain and become the standard for Decentralized Oracles!
IMO LINK has bottomed and a reversal is underway!
Bullish setup for $Link Bullish setup for BIST:LINK , lots of resistance below, should be going up soon
drawing lines showing a possible channel to the upsideAs long as BTC stagnates or moves this is a possible scenario for link
LINK - Bullish TriggerI'm looking for this price action - a break and consolidation above the eternal range - to confirm the beginning of a secular run. If that happens, I'll buy more.
I'm keeping in mind the fact that LINK front ran the rest of the market last time, and hoping it does the same this time, too.
Chainlink Long SetupThis thing needs to drop one more sharp to complete the structure before take off.
Trade with Care!
LINK about to emerge from a chain submerged in unknown depths. Check, check, check it out. The nuclear box pattern. Bullish. :-)
Link to 15.7I created this Gann fan is July 2020 and it is still holding perfectly. You can see 4 month of consolidation on the Gann support and the RSI breaking out of the downtrend. The next Gann fan resistance and horizontal resistance confluence is at 15.7, the same prediction I did in July 2020.
Shorting #LinkUSDT @23.2Hi Padawans,
I trust you're all well.
I'm considering making short scalps around the yellow lines.
Disclaimer: I'm not a financial advisor, so please ensure to manage your risk.
May the force guide you.
Cheers
Chainlink LINKUSDT Price Analysis (1d)Greetings, fellow traders! 📈
Let's delve into the intricate move of the LINK price action. Currently ensconced within a compact bull flag, this comes on the heels of a noteworthy markup surge from the accumulation zone.
Analyzing the finer details, there's a compelling narrative: an imminent potential rebound from the sturdy support at $12.80, near EMA50. The first milestone in our journey is set at the $16.82 resistance level. 🚀
But, the plot thickens. Should the price breach the $17.00 barricade, the panorama expands. Our gaze shifts to targets, navigating through the $20.00-22.00 range. 🎯
Stay vigilant, happy trading!
LINKLINK LONG / SHORTDescending triangle - Setting a limit order at this trendline resistance level for short
Breakout - if / when, then setting a limit order at long on LINK @ 11.75 with a DCA @ 10.61, stops @ 10.11 for long
$LINK WEEKLY BREAKOUT CONFIRMED !!!!Bullish momentum for the weeks ahead. The previous zone was great for accumulating.
10-50x over the mid-long term easy.
:)
Chainlink to repeat its rally Chainlink successfully held 13.40 level and seems prompt to replicate its previous rally path.
tap inthe 2.618 golden ratio extension for the next crypto cycle implies a price high enough to multiply an investment by over a hundred.. I claim this will happen by 2028
Call A Spade A ShovelIf you want the coin to go down the invalidation of my thesis is that the price sustainably goes below 50% in the tool or in other words perhaps below 2.5
LINK ($CHAINLINK) Price Rally to ContinueWhales have been the major contributors to the Chainlink price rally. The LINK could retrace partially before a rally to $20.
Oracle service provider Chainlink (LINK) has been one of the star performers in the altcoin space while clocking nearly 90% gains just over the last month. The LINK price is currently trading around $15 levels with its market cap around $7.9 billion.
Chainlink Whale Accumulation
The 200 largest chainlink whales have added huge quantities of LIBK coins over the last two days. Reportedly, they have been accumulating even before the 100% LINK price rally began.
Revisiting October 17th, when $Chainlink traded below $7.40, the 200 largest wallets swiftly accumulated an additional 40.18M $LINK. Two days after, the asset witnessed a remarkable surge of +125% in a span of 25 days, currently stabilizing around ~$14.60. The holdings in these wallets have sustained at elevated levels ever since.
After a strong price rally earlier in November, Chainlink is witnessing some sort of volatility over the last week. In the last 24 hours, the LINK price is down by 5.09% and is currently trading around $14.30 levels.
Chainlink appears to be on the verge of breaking out from a bullish flag pattern! A potential scenario involves a retest of the breakout zone around $14, paving the way for Chainlink ( BIST:LINK ) to advance toward the $20 mark.
SWIFT Collaborate With Chainlink To Transfer Tokenized Value
Swift’s successful collaboration with Chainlink and over 12 prominent financial institutions showcased the efficient and secure transfer of tokenized value across both public and private blockchains, facilitated by CCIP.
In this collaboration, Chainlink served as an enterprise abstraction layer, securely connecting the Swift network to the Ethereum Sepolia network. Chainlink’s Cross-Chain Interoperability Protocol (CCIP) played a crucial role in ensuring complete interoperability between the source and destination blockchains.
#cHAINLINK #Link Long-Term targets, until end of 2025#cHAINLINK #Link Long-Term targets, until end of 2025
According to Elliott's wave count indicated on the chart, the rise from 2018 to 2021 took place during a five-wave, where either wave 1 is bigger than a five-wave or wave A is bigger than a three-wave.
Considering the possibilities ahead, we can estimate the possible goals of Link until the end of 2025 as follows:
target1: 100$
target2: 200$
target3: 500$
target4: 1800$
entry: 15-10 $
stop loss: 4.55$
Seize the Potential of Chainlink with EMA 20 for Incredible Gai
I am here to present you with an exceptional opportunity that promises to revolutionize your portfolio and take your gains to unprecedented heights. Chainlink, a true gem of a project in the blockchain universe, has caught our attention and should undoubtedly catch yours too.
With its recent surge and the Extra Moving Average (EMA) 20 indicator looking remarkably attractive, the stage is set for an exhilarating adventure into the land of Chainlink. This golden EMA 20 - indicating a bullish trend - acts as a beacon for new buyers, beckoning them towards a potentially profitable journey.
Let me be clear - this is not just another hyped-up project! Chainlink has consistently demonstrated its strength and resilience within the market, boasting a strong track record and earning the trust of both traders and industry experts. Its fundamental technology, harnessing the power of smart contracts, ensures transparent and secure transactions with immense potential use cases across various industries.
So, here's the call-to-action - Join the Chainlink revolution NOW and witness your trading strategies soar to new heights! Seize the moment and embark on this thrilling journey with strength, courage, and conviction. Take advantage of the EMA 20 indicator, which tells a promising story about the future of Chainlink, showing great potential for substantial gains.
Whether you're a seasoned trader or just starting out, Chainlink promises an exciting adventure filled with astounding profit possibilities. Don't let this opportunity slip through your fingers. Embrace the spirit of exploration, the thrill of the market, and the allure of a technology that has the potential to reshape the way we interact with the digital world.
Ready to dive into the world of Chainlink? Take that leap of faith today! Let your trading journey be guided by the energy and excitement that Chainlink harnesses. Feel the surge of adrenaline as your profits skyrocket alongside the growing demand for this game-changing cryptocurrency.
