Link just printed a mega bullish candle formationLink just printed a mega bullish engulfing candle on the monthly chart. Not predicting anything, just saying that i think we have above 50% chance to break out of the range the next few months.Longby BGMind_Control7
LINKUSDT - POTENTIAL LONG hedge.Top down price action analysis on LINKUSDT. To hedge against my BTC short. Risk mitigation is key. Remember we always need to see confirmations on the LTF to support our HTF analysis before entry.16:13by FOREXFIT6613
Chainlink CCIP OverviewChainlink recently launched its Cross-Chain Interoperability Protocol (CCIP) on mainnet, marking not only a significant advancement in its own roadmap but also for the DeFi economy at large. Designed to facilitate communication and value transfer across initially four incompatible networks (Ethereum, Polygon, Optimism, and Avalanche), CCIP aims to address the critical challenges involved in cross-chain bridging. By facilitating liquidity to be globally accessible and allowing the value of applications to flow across networks, CCIP builds on the battle-tested Chainlink infrastructure that has enabled trillions in transactional value in DeFi. How CCIP Works Chainlink's Cross-Chain Interoperability Protocol (CCIP) represents a significant advancement in the field of blockchain technology. Operating on Chainlink's consensus and transport layer, and powered by its Decentralized Oracle Network (DON), CCIP is a novel cross-chain communication standard that facilitates intricate multi-chain tasks. It does so by enabling arbitrary messaging and programmable token transfers between various blockchains, thus broadening the scope of what developers can achieve within the decentralized ecosystem. One of the core features of CCIP is its cross-chain message relaying service. This service allows a smart contract from a source chain to invoke Chainlink's Messaging Router, utilizing the Chainlink DON to send messages securely to the destination chain. Once the message reaches the destination chain, another Messaging Router validates it and forwards it to the destination smart contract. This mechanism ensures a seamless and secure communication pathway between different blockchain networks. In addition to the message relaying service, CCIP also introduces a cross-chain token bridge. This bridge aims to create a standard interface that fosters communication and asset transfers across various blockchain platforms. The Programmable Token Bridge within CCIP is a key component in achieving this goal. It automatically carries out predefined instructions, providing a secure and cost-efficient method for users to move assets from one chain to another. This functionality not only enhances the fluidity of transactions but also contributes to the overall interoperability of the blockchain space. Security is a paramount concern in the complex landscape of blockchain, and CCIP addresses this with robust features. One such feature is the Active Risk Management (ARM) Network, a unique set of nodes that operates separately from the primary CCIP system. The ARM Network's primary function is to monitor for any malicious activities within the system. If detected, it has the ability to pause these activities, adding a critical layer of security. This proactive approach to risk management is vital in maintaining the integrity and trustworthiness of cross-chain transactions. Furthermore, CCIP implements rate limits to enhance security. This mechanism prevents unauthorized token transfers that exceed a specified threshold, thereby fortifying the security of cross-chain transactions. By setting clear boundaries and controls, CCIP ensures that the system remains resilient against potential threats and fraudulent activities. For the full report click here . Educationby ReflexivityResearch6
Ok now $LINKUSDT is topping with a 9! I just opened a short in $OKX:LINKUSDT.Pwith a tight Stop Loss. Let's see if it has some money to gave me the next days. Shortby ocramanilomUpdated 1
CHAINLINK READY FOR TAKEOFF!CHAINLINK READY FOR TAKEOFF! Link is the leading oracle and has no real competition, this project will make it to near all time highs in the next 6-12 months and will retest perfectly unless there are any blackswan events in our economy. Global corporations and enterprises are ready to adopt a blockchain standard and will do whatever it takes to get clarity before this next bull run. Im expecting chainlink to make definite partnerships with top organizations on the globe and have the potential to have its own ETF or be apart of an ETF. Chainlink is in a group by its self and theres only a couple projects out there that actually provide real world use-case and LINK is one of the best. This asset is tightly following ETHERs 2017 bear cycle which lasted 790 days from the previous top. This resulted in ETHER having a massive blow off top and with things rhyming so closely, I believe that chainlink is poised to be upward of $200-$500 if we get lucky. If this doesn't happen in this bull cycle i still expect to see these price levels by 2030-2031 because crypto cannot survive right now without Link and that gives it enough use-case as BTC does or more in this current day in age where Utility is needed and foundation has to be established to meet industry standards.Longby markbohnn9
link/usdtHi,everybody here is LINK/USDT chart i think that is over extended move and if you enter in a short position little by little you can gain from any bounce back and move back action ...... Goooooood Luuuuuuuuck Shortby Logical_Markets4
LINKUSDTThis is a 1D frame analysis for LINKUSDT According to the previous analysis, the price has advanced and is now close to a resistance area and we can see the potential for growth, but if it can break above the first resistance line we expect it to start moving towards the second resistance line. However, if it fails to hold above the resistance line and we have a pullback, we can expect price to be supported in the desired support areas.by MarsSignals7
LINK/USDT504 days of accumulation for a bluechip coin in Defi which has utility and BIST:LINK is needed to perform actions for projects! Once we break out of this resistance it may be the last time ever that BIST:LINK will be single digits. TA wise we could print a inverse head and shouldersby UnknownUnicorn228047495
LINK almost out of Accumulation Zone? Breakout to 20$?LINK almost out of Accumulation Zone? Breakout to 20$?by Ertugrul27111
LINKLINK...possible path after touching trendline It's not a financial advise Always DYOR Shortby SignalxBTC5
First againLINK shows the first bull signs again, last cycle i remember link was having its own bull run when others were still picking their nose and eating sand Weekly rsi is at the door of golden gates Monthly still need 2 b reeleedLongby RedMegaMan1
LINK/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this LINK/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- chainlink (LINK) was also in the green rising to a multi-week high of its own. After falling to a low of 7.26 LINK/USD surged to an intraday high of 7.82 during today’s session. today’s peak pushed the cryptocurrency to its highest level since August 9. the rise occurred as price strength moved past a resistance level of 67.00, with a current reading of 67.22. LINK bulls are now likely looking to hit a ceiling of 8.00, as the 10-day (red) moving average maintains a recent uptrend. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank youLongby CryptoSanders95633
LINKUSDT: Kick starting its bullish outlook for potential profitGreetings, fellow traders and investors! Get ready for an incredible opportunity on the horizon as we analyze the LINKUSDT price chart. What we're witnessing is nothing short of remarkable – a clear five-wave rally, seamlessly followed by a three-wave corrective pullback. The excitement doesn't end there. All signs point to wave 2 of this corrective pullback finding its absolute low, gearing up for a substantial rally in the days ahead. Brace yourselves for a potential game-changing moment – a breakthrough past the peak of wave 4 of (C) of the ABC decline. This event, my friends, is the ultimate victory cry for the bulls, heralding a new era of prosperity. If you've found this analysis as mind-blowing as we have, show your appreciation with a like and drop a comment. Let's ride this wave of success together! 🚀💰 #TradingMagic #BullishOutlook #ProfitPotentialLongby maonimisi14
Link breaking resistance from last yearLink I have been averaging into during this long consolidation. It looks like there is a trend reversal on the horizon and the first key resistance is broken on the daily chart. This looks pretty bullish to me.Longby Apollo_21mil6
LINKUSD ❕ reached the resistanceTD Sequential formed a reversal signal down (4H TF) RSI is in overbought zone (4H TF) Price and RSI formed a divergence (1H TF) I believe that the asset will start to decline after fixing under the resistance level.Shortby Solldy6614
LINK/USDT possible scenarios what next?👀 LINK Today Analysis💎 Paradisers, let's delve into #LINKUSDT, which currently presents two distinct trading scenarios within a tight structure. 💎 Currently, #LINK has been rejected from a daily resistance level for the third time, making it likely to retest its support level, potentially dropping by -8.95%. 💎 The support level at 5.779 of #ChainLink serves as a key reversal zone. Should the price retest this level, a bullish move is expected. However, if the support level is breached, consider a short entry. Your take-profit (TP) should be set slightly above the invalidation level. 💎 In both scenarios, it's advisable to set your stop-loss at approximately 1.75% of your margin to safeguard your portfolio. Keep your charts updated and Stay one step ahead of the market 🌴 by MyCryptoParadise_SimonUpdated 113
LINKUSDT PARABOLIC?As Link continues to raise from 5.6 support area it becomes parabolic with no healthy retracement, once buyers are exhausted, retest of the low? or it will break from Weekly Resistance marked yellowby JohnDGreat2
Can Chainlink (LINK) Achieve a New Annual Peak?Chainlink (LINK) has witnessed a substantial surge in the past two weeks and is now approaching the prospect of a new yearly high. Both weekly and daily timeframe analyses exhibit bullish tendencies, which is supported by the price action MFI. How Far Can Chainlink's Uptrend Continue? Looking at the weekly technical analysis, LINK's price has been on the rise since June, recovering from a low of $4.75. This ascent resulted in the reclamation of the $5.80 horizontal support zone, which has been held since April 2022. Moreover, this upward trajectory was accompanied by a bullish divergence in the MFI. The Money Flow Index (MFI) is a momentum indicator for traders to gauge market conditions, identify overbought or oversold levels, and inform buy or sell decisions. Readings above 50 coupled with an upward trend indicate a bullish trend, while readings below 50 suggest the opposite. A bullish divergence arises when the MFI shows a lower value while the price is higher. The daily timeframe paints a bullish picture. Additionally, the MFI is holding strongly above 50. If the uptrend continues, LINK may reach the yearly high of around $8.80, which is 20% higher than the current price. However, given that the overall market is not bullish whatsoever, at this moment it is unlikely to make any significant breakthrough. Looking Ahead: Despite the current trend LINK is unlikely to rise significantly over the yearly high at $8.80. On the other side, if the price starts descending, the $5.80 support level will be the next target to the downside. by cryptohopper2
LINK: About to reach a year-long resistanceIn this chart, BINANCE:LINKUSDT is inching closer to a critical level wherein the coin is about to touch a year-long resistance line dating back to June 2022. The highlights shown are the instances of the price breakout rejection, making it the strongest resistance for the year. In my view, a breakout is possible if we see a candle confirmation along with a good buy volume and other indicators continue showing bullishness of the coin. What should we do then if it breaks out? Identify your nearest support. I would do the process by backtesting as well as plotting retracements, and presented in horizontal lines are the potential resistance lines based on mentioned processes, a given of which is the Fibonacci retracement of .382 level from its all-time high (ATH) to its low level of approximate $7.60. On the other hand, a rejection could happen based on the RSI being near the overbought territory, an indication of potential selling. For visual reference, check the vertical line on the July 2022 price. Should you trade this coin now? You could do a scalp if you have the setup, scalp long for me since the trend is still upwards. For intraday traders like me, I would wait until it hits on the resistance line or common support breakdown. Always have a plan whenever trading by identifying our take profit areas and stop loss. Happy trading! by luigi360swirl2
LINKUSDT short idea in weekly mapHello Dears The weekly trend is falling. The price has touched the important weekly trend line. Also, I saw divergence. JUST ENTRY SPOT !Shortby payamyekta6
LINK - Short ( 26 Sep - 01 Oct)Good luck to everyone! This analysis is for educational purposes only and does not constitute financial advice. Conduct your own analysis before making trading decisions. Shortby JorgeSoteloUpdated 1
RANGEis this the longest range ever or what :D rsi on HTF starts to look pretty nice for some long setupsby RedMegaMan0
Weekly Imbalance Filling for CHAINLINK 🚀💼In the ever-evolving world of cryptocurrency trading, recognizing unique opportunities is essential for success. One such opportunity that often goes underappreciated is the concept of weekly imbalance filling. In this post, we'll dive into what weekly imbalance filling means and why it's crucial, especially for assets like LINK, which hold significant growth potential. Understanding Weekly Imbalance Filling: A Hidden Gem Weekly imbalance filling refers to the process of fulfilling previously unmet market orders, typically those accumulated during weekly price gaps. These gaps represent levels where market participants have unexecuted orders, creating a potential catalyst for price movements. Why It Matters: The LINK Perspective Chainlink (LINK), known for its innovative decentralized oracle network, is an asset with substantial growth potential. Recognizing the power of weekly imbalance filling can be especially beneficial for LINK traders and investors. The Potential Benefits: LINK's Growth Catalyst Filling weekly imbalances can act as a strong catalyst for LINK's price appreciation. By addressing these gaps, the price often experiences upward momentum as market orders are executed. How to Leverage This Opportunity: A Game Plan Identify Imbalances: Use technical analysis to locate weekly price gaps or imbalances on LINK's chart. Monitor Closely: Keep a close watch on these levels, as they may serve as key turning points for LINK's price. Trading Strategy: Develop a well-thought-out trading strategy that incorporates weekly imbalance filling as part of your decision-making process. Risk Management: Always employ sound risk management practices to protect your capital. Conclusion: Seizing the LINK Opportunity In the dynamic world of cryptocurrency trading, it's crucial to stay vigilant and explore all potential avenues for profitable opportunities. Weekly imbalance filling represents one such avenue, and when applied strategically, it can serve as a powerful catalyst for LINK's growth. Chainlink's unique position in the blockchain ecosystem and its ongoing development make it a prime candidate for benefiting from this phenomenon. By understanding and harnessing the potential of weekly imbalance filling, traders and investors can position themselves for success in the LINK market. Remember, while this strategy holds significant potential, it's important to combine it with comprehensive analysis and disciplined risk management for a well-rounded approach to trading LINK. 🚀🔗🚀 ❗See related ideas below❗ Like, share, and leave your thoughts in the comments! Your engagement fuels our crypto discussions. 💚📈💚Longby Yaroslav_Krasko2211