Chainlink vs Tether (LINKUSDT) has gone through a complete cycle.
It took two years to complete.
Notice the bulish wave (wave up) followed by a bearish wave (wave down) on the chart...
Last weeks LINKUSDT hit its lowest price since July 2020.
At the same time we have really high volume on this candle, signaling that we have strong support.
We see the MACD and...
We publish the short-term trade we entered tonight. This trade has a local perspective and does not mean that the correction of the cryptocurrency market cannot continue.
In this case, we still have a relevant trade in cryptocurrency HNT:
Details of the LINK cryptocurrency trade:
Let's see how it works!
Link looks nicely marinated from the bear...
Oracles are data feeds that connect Ethereum to off-chain information
The oracle problem
Ethereum transactions cannot access off-chain data directly but using a centralised data source is suboptimal... hence the need for a decentralized oracle
Chainlink Off-Chain Reporting (Chainlink OCR)
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$LINK has broken below the current support zone and it just retested the broken zone.
Now There's an opportunity to take Short on $LINK with an invalidation above $8.50 as full body...
Disclaimer I own very small amount of API3 however, do not margin/ long it. THe MM will try moving smalls tonight in order to escape, also keep in mind that API3 is fundamentally a good chain because it can run automated makers such as Chainlink. The only problem is that we need to flush out the MM
The Altcoins are starting to awaken and we are going to see some big winners in this upcoming Altcoins market bullish wave.
Hit like and let's get started right away...
(0) BITCOIN (BTCUSD)
To start, we have Bitcoin which is still consolidating slowly but whom will soon speed up.
We are expecting to the see the king move BIG first...
Bitcoin 3D | Volume +...
Hi friends! Using data from the on-chain analysis you can see that large wallets accumulate LINK for the long term. What can help them to continue this? Of course the trap for the retail traders.
📊After the "good" news about the product development of the alts someone sell a lot of Link`s and retail traders buy it. the bars on the volume indicator are almost...
Welcome to this analysis about CHAINLINK / LINKUSD on the 12-hour timeframe perspectives. In recent times important developments are going on within the cryptocurrency market as some Altcoins seem to stabilize after the massive bearish exaggerations that emerged within the Cryptocurrency Market. Now there are some coins that already managed to form...
Chainlink continues to maintain a pass-and-play (choppy) momentum between the $7.3 resistance and $6 base. Currently, bears have initiated a push for the $6 base after a prolonged inability to take the $7.3 mark over the last weekend.
That said, we should expect a bullish rebound anywhere near the $6 mark, back to the $7.3 top, as the choppiness is expected to...
LINK has fallen quite a lot, just as other cryptos
The question is where will this falling stop.
I see a major trend line in Green which aligns well with another weaker uptrend in blue, and a downtrend in red
At this area price is around $5 per LINK
This is also at the 0.618 Fib level
Will the major altcoins (ADA, LINK, UNI ) descending wedge setups, be the signal for a breakout to the upside?
Or will continuing macro woes make the TA analysis null and void.
Potential bounce might be coming over the next two weeks in equity markets. Spurred by the strong support at the 200 daily moving average.
Time to wait and see.
in this chart you can see Chainlink chart (LINKUSDT)
I was share my knowledge and my view as well,
Chainlink current market rank #21 and it's fundamentally strong project,
We can clearly seen Link hold two years old support $5-6
July 2020 Link break this Resistance level and hit ATH $53 in may 2021,
After that we can see rejection from $53 and price start going...