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D-LINK

Great area to LONG & SHORT!We have found temporary support above the range POC. and weekly level. I'm expecting the local lows into POC to be swept then bounce back into VAH/Daily/GP, then VAL for a bounce to range highs. VAL can also get tested first. #Chainlink Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
by Navitility
Chainlink Surges 4% on ANZ Collaboration Is $15 the Next Target?Chainlink ( BIST:LINK ), a pioneer in decentralized oracle networks, recently experienced a 4% price surge following a groundbreaking announcement of its collaboration with the Australia and New Zealand Banking Group (ANZ). Together, they aim to revolutionize private transactions for tokenized real-world assets (RWAs) using Chainlink's new CCIP Private Transactions. With the potential to reshape institutional adoption of blockchain, this partnership could be the catalyst for Chainlink's price to reach new heights, with analysts eyeing $15 as the next key target. Let’s dive into the fundamental and technical aspects driving BIST:LINK 's bullish outlook. The ANZ Partnership and Private Transactions for RWAs One of the major barriers to institutional blockchain adoption has been the lack of privacy in cross-chain transactions. Financial institutions require complete data confidentiality while interacting with both public and private blockchains to meet stringent regulatory demands, such as Europe’s GDPR (General Data Protection Regulation). Chainlink's latest innovation—CCIP Private Transactions—addresses these concerns, allowing institutions to securely conduct cross-chain transactions without exposing sensitive details. ANZ Bank, one of the leading financial institutions in Australia and New Zealand, has taken the initiative to pilot Chainlink's privacy solution as part of Singapore’s Project Guardian—an initiative aimed at advancing tokenized RWAs. This move could pave the way for broader institutional blockchain adoption, solving a key privacy issue that has been holding back large-scale institutional use of blockchain technology. In the words of Chainlink co-founder Sergey Nazarov: > "The lack of adequate privacy has held back institutional use of blockchain technology. With CCIP Private Transactions, we expect to see more large-scale transactions and an increase in institutional blockchain adoption." This new feature allows financial institutions like ANZ to maintain full privacy while conducting cross-chain transactions, potentially revolutionizing how RWAs are managed on blockchain platforms. With this powerful use case, Chainlink ( BIST:LINK ) stands at the forefront of enabling institutions to adopt blockchain on a large scale. Chainlink’s Growing Ecosystem Beyond private transactions, Chainlink ( BIST:LINK ) continues to strengthen its position in the blockchain space. Recently, the project integrated its Proof of Reserve feature across Solana and Ethereum mainnets to enhance security for wrapped Bitcoin tokens. Chainlink has also partnered with ZKsync and Coinbase’s Base network, pushing further into decentralized finance (DeFi) and cross-chain token transfers. The continued expansion of Chainlink’s ecosystem only adds to the bullish momentum. Technical Analysis At the time of writing, BIST:LINK is trading at a 4.53% increase, driven by strong bullish sentiment from the ANZ collaboration and new technological advancements. The Relative Strength Index (RSI) stands at 66, indicating a bullish trend. This is particularly significant as it suggests that BIST:LINK is moving out of its long consolidation phase and gearing up for further gains. Looking at BIST:LINK 's price chart, the coin is emerging from a falling wedge pattern—a bullish technical formation that often signals a trend reversal and the potential for significant price movements. While the wedge isn’t particularly large, it’s still significant enough to push BIST:LINK towards the $15 mark, especially as we approach the Halloween season, a period historically favorable for altcoin performance. Currently, BIST:LINK is trading within a bullish price channel, with immediate support found at $7.8. Should prices consolidate around this level, it could set the stage for a further breakout toward the $15 target. Key Drivers for Chainlink’s Potential Surge to $15 1. Institutional Adoption The partnership with ANZ and the introduction of CCIP Private Transactions could attract more financial institutions to adopt Chainlink’s privacy solution. Increased institutional adoption is likely to drive demand for BIST:LINK tokens, as they are essential for executing cross-chain transactions and utilizing Chainlink's decentralized oracles. 2. Tokenized Real-World Assets (RWAs) With the ability to securely tokenize RWAs and conduct private cross-chain transactions, Chainlink has positioned itself at the forefront of a rapidly growing sector. As more institutions seek to tokenize assets such as real estate, bonds, and commodities, the demand for Chainlink’s technology and its native token, BIST:LINK , is expected to rise. 3. Broader Ecosystem Growth Chainlink's partnerships with major blockchain platforms such as ZKsync and Coinbase’s Base add more utility to $LINK. These collaborations enhance Chainlink's role in cross-chain token transfers, decentralized finance (DeFi), and other blockchain applications, further cementing its dominance in the decentralized oracle space. 4. Bullish Market Sentiment The overall bullish sentiment in the crypto market, coupled with BIST:LINK 's breakout from a falling wedge pattern, could drive prices higher in the short term. The combination of technical and fundamental factors makes $15 a realistic target for BIST:LINK in the short term. Conclusion Chainlink's ( BIST:LINK ) recent price surge following its collaboration with ANZ Bank for private transactions of tokenized RWAs marks a significant milestone for the project. With CCIP Private Transactions, Chainlink ( BIST:LINK ) addresses a key challenge in institutional blockchain adoption—privacy. As institutional use of blockchain technology grows, so too will the demand for Chainlink’s decentralized oracles and its native token.
COINBASE:LINKUSDLong
by DEXWireNews
Chainlink Price Poised for a Breakout: Can $LINK Reach $13?Chainlink ( BIST:LINK ), one of the most talked-about cryptocurrencies in the blockchain space, is showing signs of a potential breakout this October. After a volatile few months, the token has seen steady gains, rising from $10.60 to $11.13—a nearly 4% increase within the last week. This upward movement, alongside promising network developments and technical indicators, has investors speculating on whether the token can surpass the $13 mark in the near term. Technical Outlook: Chainlink’s Path to $13 Technically, Chainlink’s price action presents both challenges and opportunities. The token is currently trading below its 200- and 100-day moving averages (MAs), reflecting a cautious market sentiment. However, the narrowing of the Bollinger Bands suggests a breakout could be on the horizon, with $13 as a potential upside target. Additionally, the MACD indicator is converging into a positive territory, hinting at a bullish momentum that may push the price higher in the coming days. Despite some recent bearish signals, including a 2.53% decline as of this writing and a moderate RSI of 50.03, the token has held strong above key support levels. The next major test for Chainlink ( BIST:LINK ) will be overcoming the $12 pivot, a point seen by analysts as a significant resistance. If BIST:LINK breaks through, it could solidify the move to $13, especially given the bullish environment often associated with "Uptober"—a historically favorable month for cryptocurrencies. Drivers of Chainlink’s Growth Chainlink’s recent network upgrades and strategic partnerships are driving its price momentum. The introduction of staking has boosted investor confidence, offering them an opportunity to lock up tokens and earn rewards, reducing the circulating supply and increasing scarcity. Moreover, Chainlink’s Oracle services, which provide secure and reliable off-chain data to smart contracts, have expanded with the integration of Secure Mint. The adoption of Chainlink’s Cross-Chain Interoperability Protocol (CCIP) by major players like Ronin, the gaming-focused EVM blockchain, is further strengthening the network’s ecosystem. As more platforms adopt Chainlink’s technology, the demand for LINK tokens continues to rise. Whale Accumulation and Market Sentiment Chainlink’s whale activity has surged, which is often a bullish signal. According to data from Santiment, the number of large BIST:LINK holders has increased from 489 to 502 in early October. Whale accumulation typically indicates that major investors expect the price to rise in the future, reinforcing the narrative of a potential breakout. Additionally, increased active addresses and transaction volumes reflect growing interest and usage of the Chainlink network. Increased whale activity also raises the possibility of a short squeeze. Many traders currently hold short positions, and if Chainlink ( BIST:LINK ) can break through the $12 resistance, it could force short sellers to cover their positions, leading to a rapid price increase. Potential Risks and Support Levels While Chainlink’s future looks bright, there are risks to consider. The token remains vulnerable to broader market corrections, and a failure to hold above the $10.27 support level could see it retrace further, potentially to the $9.50 mark. Additionally, its underperformance compared to Bitcoin ( CRYPTOCAP:BTC ), which has seen stronger gains in recent days, highlights the possibility of more bearish moves if the overall market sentiment shifts. However, if Chainlink ( BIST:LINK ) can continue building on its network upgrades and overcome key technical hurdles, the stage is set for a strong October performance, with $13 well within reach. Conclusion: Is Chainlink Set for a Rally? As of now, Chainlink is positioning itself for a potential breakout above $13, with the technical indicators and fundamental drivers both supporting an optimistic outlook. Increased whale activity, low exchange reserves, and major network developments all contribute to the bullish sentiment around the token. While the token faces immediate resistance at the $12 pivot, a successful breakout could set Chainlink on a bullish trajectory for the rest of October and beyond.
Long
by DEXWireNews
LINK/USDT 1W chart reviewHello everyone, let's look at the current situation of LINK 1W interval. In this situation, we can see the price rebounding from the downtrend line. Let's start by setting goals for the near future, which include: T1 = $11.49 T2 = $13.66 T3 = $15.54 T4 = $17.27 Now let's move on to the stop-loss in case the market continues to decline: SL1 = $9.27. SL2 = $7.35. SL3 = $5.53 Looking at the RSI indicator, we see as the movement took place in the upper range, which could have influenced the change in the direction of movement, giving a price recovery.
by cryptodailyuk
LINK Long Position (Major Support Level)Market Context: Many altcoins, including LINK, have retraced to critical levels of support, presenting an opportunity for a long trade. LINK is positioned well for a potential bounce, providing a favorable risk-to-reward ratio. Trade Setup: Entry: Between $10.00 - $10.90. Take Profit: First target: $12.50 - $13.30 Second target: $14.50 - $15.50 Stop Loss: Just below $9.40. This setup leverages the strong support zone and potential for a bullish recovery. #LINK #Altcoins #Crypto
Long
by Richtv_official
Is LINKUSDT About to Trap Beginners Before a Big Move?Yello, Paradisers! Is LINKUSDT setting up a trap for beginner traders before making a strong reversal? Let's break down what we're seeing right now. 💎Currently, LINKUSDT is respecting the supportive trendline, but this setup might be a trap for those blindly buying in. There’s a high likelihood that the market will first liquidate traders placing orders along this trendline before making a more meaningful bounce from the actual support zone below. 💎For confirmation, we need to see a shift in market structure, specifically a bullish I-CHoCH (Internal Change of Character) from the support area. Other bullish reversal patterns, like a W pattern or an Inverse Head and Shoulders, would also validate a potential bounce from this zone. 💎If LINKUSDT falls further, we'll look to the strong demand zone below for a high-probability setup. This zone remains unmitigated, meaning it hasn’t been tested yet, increasing the chances of a bullish reaction. However, if the price breaks down and closes below this demand zone, our bullish idea will be invalidated. 💎But here's the twist: should LINKUSDT rise back above this zone after a breakdown and then show bullish signals, it would actually strengthen the bullish outlook even more. Stay sharp, Paradisers, and remember—patience is key when waiting for the best setups. 🎖 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
1
LINKUSD Is it about to catch the world's attention again?Almost 1 year ago (October 25 2023, see chart below), Chainlink (LINKUSD) gave us an excellent long-term buy signal after breaking above the Bear Cycle's Lower Highs: Our 20.000 Target was hit and shortly after the price started to decline inside a 7-month Channel Down, which is still dictating the price action. Since the August Low though, the price has been rebounding on the 2023 Resistance, which we can now consider that it turned into Support. This cyclical behavior was last seen during the previous Cycle when after a 2.618 Fibonacci extension reach, the price entered a multi-month correction below the 1W MA50 (blue trend-line) and then recovered for the 2nd and final (and most powerful) rally of the Cycle. This is exactly what we've been seeing this time around also. See how similar the 1W RSI sequences also are between the two fractals. As a result, we expect LINK to start rising aggressively, even on this month. The previous Cycle topped on the 4.382 Fibonacci extension, so assuming this will be targeted again, we expect to see 53.00 by mid 2025, which is almost its All Time High. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:LINKUSDLong
by TradingShot
4
LINK - Three White Soldiers Candlestick PatternIn the weekly timeframe, a bullish candlestick pattern has formed on Chainlink. The Three White Soldiers are characterized by three consecutive green candles. The higher the timeframe, the more powerful the pattern. We've recently observed an instance of the TWS pattern in the weekly, which was a precursor to a 136% increase: However, the unfilled wick around $8 remains a concern - but also a potential for buying in / accumulating at a lower price. _________________________ BINANCE:LINKUSDT
by CryptoCheck-
1
Alikze »» BAND | Descending channel failure🔍 Technical analysis: Descending channel failure - It has been moving in a downward channel on the daily time frame. - It is currently in the supply zone with the breakdown of the descending channel. - In case of a pullback to the broken structure and maintaining the 1.17 area, it can continue its growth until the next supply area of ​​the 1.75-1.95 range. In addition, in case of failure of the supply zone of 1.75-1.95 range, the upward movement will continue towards the next supply zone, which can touch the 2.60 range. 💎 Alternative scenario: In addition, if the 1.17 range is broken down, the bullish scenario will be invalidated and can continue the correction up to the 0.97 area. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:BANDUSDT
Long
by alikze