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Chainlink

#Chainlink Inside a Bear Flag, Primary Support at $5.5Past Performance of Chainlink Chainlink prices are trending at around 2022 lows, and sellers are still in control. Despite the optimism, LINK prices are within a bear flag with decreasing trading volumes. With LINK stable and up two percent on the last trading day, the short-term trajectory depends on the reaction at $6.8 or $5.5. #Chainlink Technical Analysis LINK prices are within a downtrend and inches away from 2022 lows. The primary support lies at $5.5 and is a critical level that may define the short to medium term. Since LINK bulls have been unable to close above the bear flag and initiate the move up to reverse losses of the first half of June 2022, sellers are still dominant. In the short term, traders can wait for a breakout formation with high trading volumes above $6.8 or $5.5 before entry. A close above the bear flag at $6.8 may see Chainlink prices rally to June 2022 highs of $9.40. Conversely, losses below $5.5 may trigger a sell-off, forcing LINK to new 2022 lows. What to Expect from #LINK? Technical candlestick arrangement favors sellers at spot rates. Prices are currently inside a bear flag with waning upside momentum. So far, Chainlink bulls have been unable to reverse losses of the first half of June. Resistance level to watch out for: $6.8 Support level to watch out for: $5.5 Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
1
The 100% winrate Chainlink Fib count tomorrow!I have waited a long time for this day to come! my 100% winrate Fib count will be tested for the fourth time tomorrow! This Fib count on the LINK/BTC has a 100% win rate so far will tomorrow keep it at 100? who knows lets take a look at the chainlink price pattern. Price at the moment is in symmetrical triangle and since the the trend is downwards this is not a good thing. These patterns tend to be a continuation of momentum so in this case that would be more downside. If you want a more longterm macro look on chainlink have a look below. Big day tomorrow! Will we start to shift in momentum? Will Chainlink start its new "only up" cycle next four years? Will we Crash? One very important thing to take note is the next date is April 2024 poeple! so if your waiting for lower prices you could be waiting a while! , this date lines up with the Bitcoin halving aswell. Buckle up!
Long
by Sporia
24
Linkusdt 3D Buyers are trying to push the Link price upYour attention is the global chart of the trading pair Linkusdt on a 3-day time frame For more than 2 months, buyers of the Chainlink token have been trying their best to keep the price above the $5.50 level. And although it is difficult in the current maximally suppressed phase of the crypto market, but they are succeeding at this time. Maybe now buyers are trying to form a reversal trend figure: Double bottom, or Adam and Eve. The working goal of working out this pattern is in the area of ​​15 dollars. In general, there is a large liquidity zone $12.5-17.5 above, and at the moment there is little belief that they will be able to break it upwards with ease. If such a miracle happens, then the maximum positive goal for 2022 for Link is 22 dollars. A clear signal that the buyers will have capitulated, and the sellers have won the fight, will be the fixing of the Linkusd price below 5 dollars. In such a situation, one must be very careful and realize that the next support level is around the $2.70 area _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
35
#chainlink $LINK megaphone and resistance breakoutLINK broke out of the resistance area @ 6.5$ and from the bullish megaphone which was printed in the last days we just need a succesful retest of the one to enter a long position now if the scenario gets confirmed, these are the levels I'm watching: TP: 7.17 (0.783 fibonacci) SL: 6.45 let me know if you found this idea helpful and if you are going to enter the trade! also dont forget to follow me, leave a like, and if you want to request a technical analysis , just comment the ticker of the cryptocurrency you want me to analyse down here!
Long
by opop777
5
LINK MARIN(E)atedLink looks nicely marinated from the bear... ORACLES 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) 1. off-chain oracle network communicates with each other 2. cryptographically signs responses 3. aggregates responses off-chain 4. sends one transaction on-chain with the result This is gas efficient Chainlink VRF Chainlink Verifiable Random Function = tamper-proof random number generator for smart contracts The LINK token *based on the upgraded ERC-677 token, backwards compatible with ERC-20. CHART Bull div on daily Local fork Fib retracement If market is going to bounce then so will this NOT TARDING ADVICE
BINANCE:LINKUSD
by Great_Reset_Investing
Chainlink Price Analysis — June 29Chainlink 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 persist with the crypto winter. In an event of a bearish breakdown below the $6 mark, an extended dip below $5.3 (the broader range) seems significantly unlikely. Meanwhile, my resistance levels are $7.3, $8.0, and $9.0, and my support levels are $6.0, $4.0, and $3.0. Total Market Capitalization: $898.3 billion Chainlink Market Capitalization: $2.97 billion Chainlink Dominance: 0.33% Market Rank: #22
BITTREX:LINKUSD
by Mr_Wogbe_Alex