Potential summer slowdown
There's been a noticeable uptick in criticism towards Chainlink on X, with the prevailing narrative questioning the necessity of the BIST:LINK token. I anticipate downward pressure on BIST:LINK due to Bitcoin's influence, potentially exacerbated by the voices of skeptics, who will cite CCIP GA as a failure. While this may lead to a...
Link was one of the darlings of the last bull run. It’s story includes crazy volatility, stories of “Link Marines” blowing out Zues Capital out after its short and distort narrative fell apart. I suspect Link will once again be a darling of this new bull cycle.
cointelegraph.com
Analysis
The meat of the idea is from the main chart. We have hidden bullish...
Link displayed classic price action. it was accumulated for 15-18 months straight once the phase has completed price entered into public participation phase and right after as we expected currently, it is consolidating phase once it over we will again see the public participation phase which will take to the current supply and all time high price.
Thank you for...
Chainlink (LINK) is one of my newest investments. There is ongoing Early Access for Chainlink staking (I will post link in comments) for all intersted holders. This is trade (investment) setup on larger timeframe. I am not looking to reach targets 2,3,4,5 and 6 very soon, that could be year(s). I will sell most of my capital on targets 3,4 and 5. Small portion...
Chainlink / U.s. Dollar X Right prices for final week of April, 2024.
Note: Using Kraken Chart based on USD not USDT!
Since Chainlink failed a support confirmation over March period as well as support confirmation was not fully confirmed over the 1st week of April, therefore, we will only calculate the X Right Price between the 8th of April & 7th April! and...
I'm super bullish on BIST:LINK long-term but this is honestly one of the worst charts of the majors rn
crazy to see analysts calling this bullish today
we'll see a Bull Trap from those 3 White Soldiers
Price action below the 20, 50 and 200 Moving Averages
If we get that Death Cross on the 200MA D then its straight to $10.6
Finally, after a long wait, we got filled on Chainlink, and we entered at $12.93. This is our entry point. The entry is holding up quite well and solid so far. We still see strength in Chainlink and we do not believe that our large stop-loss will be triggered. Also, for the first time since May 2022, the RSI has fallen into the oversold area, which is another sign...
Introduction
Chainlink (LINKUSD) is a cryptocurrency that powers a decentralized oracle network for smart contracts. It provides a secure and reliable way for blockchain applications to access off-chain data, enabling a wider range of functionalities. This article analyzes LINKUSD through the lens of Bollinger Bands and a potentially reversing trend, suggesting a...
Is this move a surprise not really if you been following my Chainlink ideas.
Published in February warning traders that giant rising wedge had formed and the target of that wedge is back to the top of the massive range at 8-10 dollars.
March 18th we got a bearish cross the MACD , this was another signal of things to come.
On the LINK/BTC we can see that we...
Looking at Chainlink on the daily chart, we've noted the development of a 5-wave structure from a low at $5, culminating in a Wave 1. This wave is projected to range between $20.3 and $25, currently aligning well with the $20.3 mark. Following this, we anticipate a retracement towards Wave 2, which is expected to fall between 50 and 78.6% retracement, landing...
Introduction:
After prolonged sideways movement throughout the bear market, Chainlink ( COINBASE:LINKUSD ) experienced a notable surge, rallying from $4.8 to a peak of $22.9. This rally included extended periods of lateral trading, eventually reaching a critical resistance at the 4.618 Fibonacci extension level. Such a vigorous move typically warrants a period...
Rising wedge target is back to top of chainlink accumulation range at 9.3.
Clear rising wedge pattern with two touch points top and bottom.
We are coming up to the Chainlink fib sequence I have been using for years it has a 100% win rate at predicting Chainlink events , major moves , bottoms or tops.
Last Fib time hit was the Big move down in May 2022 marked...
Hi there,
CHAINLINK has the potential to reach the second supply area around the 20.20 level and drop for a retest around the 18.77 before commencing up to the 21.00 major supply area.
And a potential drop from 21.00 could follow to 15.00.
If the current candle structure drops from the support level, breaches the demand zone, and breaks 15.69, that will...
LINK USDT looks sideways thus taking trade on either side of the breakout. in this setup one cancels the other i-e if price breaks upwards than long order is triggered and short order is cancelled and vice versa.
