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🔥 LINKBTC 🔥 +50%What is LINK (Chainlink)? Chainlink is a cryptocurrency aiming to incentivize a global network of computers to provide reliable, real-world data to smart contracts running on top of blockchains. If you’re unfamiliar, smart contracts are agreements programmed to execute if and when certain conditions are met. To date, smart contracts have been used for everything from creating novel crypto-financial products to developing new crypto assets. However, an issue that has persisted is that most smart contracts need to rely on some kind of external data source to properly execute their terms. For example, smart contracts seeking to replicate bonds or insurance agreements may need access to APIs reporting on market prices or Internet of Things data. Chainlink was created to address this issue by incentivizing data providers (called “oracles”) to act as a bridge between blockchain smart contracts and external data sources. Every oracle within the Chainlink network is incentivized to provide accurate data since a reputation score is assigned to each. Further, when nodes follow the software’s rules and provide useful data, they are rewarded in Chainlink’s cryptocurrency, LINK. Arriving amid a crowded field of projects in 2017, the Chainlink team has so far been able to deliver on its vision, expanding efforts beyond Ethereum (ETH) amid a surge in market activity. As of 2020, Chainlink is seeking to support all blockchain-based smart contract networks. Users seeking to stay connected on the current development status of Chainlink can follow its official project tracker for up-to-date details. ** Do your own research And... never forget... "Buy low, Sell High"!!! See you Tomorrow!! Miguel
Long
by MiguelFTCurado
LINK - 6h. Buyers took the hit and are preparing for the $34-35The loss of the trend line by buyers on February 22 frightened LINK market participants. The wedge , which the sellers managed to break down, signaled a powerful impulse of the fall with the first target of $23 . We wrote about this scenario in our previous idea : However, apart from the spectacular exit of the price from the wedge, the sellers could not do anything else. As you can see in the chart, on February 28, the buyers organized a powerful counterattack , which is still not over. The main fight this month was in the range of $27.3-28. The sellers have already made 3 attempts to take control of this range and all failed. The momentum of growth on March 17 showed that sellers are quite weak at the moment. In two days, the sellers failed to show their strength. At the moment, the worst-case scenario is a re-test of $27.3-28. However, even in this scenario, the LINK price will continue to move in the white channel , which is controlled by buyers. Therefore, the test of the previous historical high is a matter of time. The main question is whether buyers will be able to update the high and continue to grow? Looking at the LINKBTC chart , there are all the prerequisites for this: If you are interested in seeing our global opinion on LINK - write in the comments "Global link" Happy weekend! _____________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
20
LINKUSD Short-term buy signalPattern: Channel Up on 1D. Signal: Buy as the price bounced on the 1D MA50 (blue trend-line) and the 1D MACD is about to give a Bullish Cross. Target: 42.000 (the Higher Highs trend-line of the Channel Up). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> xBTala --------------------------------------------------------------------------------------------------------
BINANCE:LINKUSDLong
by TradingShot
12
LINK/USD - ATH Breakout PossibleIn the 4 hours chart , we see that the bullish trend line was broken downwards, but the price refused to continue to decline when the support zone was reached. After reaching the support level, the price made an accumulation in order to take morepositions before making a strong upward movement. Based on this, we can assume that the bullish trend is still ongoing and ATH is still the target for the market price and investors. If you like ideas like this, please like and subscribe to this channel so as not to miss another technical analysis . Write your opinion about it in the comments. I would like to discuss this with anyone. This is NOT a FINANCIAL ADVICE . This is just my point of view on the current situation.
COINBASE:LINKUSDLong
by GetSet
Chainlink currently in ideal Buy Zone 56% Gain back to ATHOn 4H Chart chain link has tested the 200 SMA and 50 SMA but there is no signal for a reversal in trend. This can only signify an explosive move back to the upside as the Stochastics are showing an extremely oversold market, further we expect the Bulls to come back in the market and for the previous push phase to continue. This buying zone at the 38.2% Fibs is a great entry to accumulate more Link at the current price level. 56% Gain back to ATH which we expect Link to test in the next 3-7 days.
KRAKEN:LINKUSDLong
by CryptocurrencyMagnet
LINK/USDT : Bullish break on EMA 200 BINANCE:LINKUSDT Hello everyone 😃 LINK is breaking EMA 200 on 2H TF with current candle. We expect a retest and more upward movements.. By the way Volatility is not good at all on current time frame, But 1H TF; It had a bullish crossover ! Also on higher time frames, There is more space for LINK to show higher reaches. 🔴 LINK had multiple bounces, So moving upward will be harder for it from now.. Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
10
LINK - 4h. Buyers get ready to test $33-34Our previous LINK idea , in which we expected a correction, worked out pretty quickly. The sellers turned out to be much stronger than we expected. Our ultimate target of about $21 was achieved by the sellers almost immediately after the idea was published. We expected a smoother correction. As you can see in the chart dated February 23, buyers are trying to organize a new upward trend. LINK price moves in a white channel. The first critical point for buyers is at $31.4. Notice how the LINK price from February 13 to February 18 tried to gain a foothold above this level. In addition, note that it was the mark of $31.4 that became the main support of the sellers. After retesting this mark on February 23rd, sellers continued their sharp decline with an ultimate target of $20.81 If buyers fail to gain a foothold above this mark the first time , we will expect a r etest of the range of $27.3-28.3 . It is after the buyers have tested the strength in this range that the LINKUSDT price may continue to rise to the range of $34-35. And then we will look forward to the reaction of the sellers. Correction in the LINKUSD market is not over yet and there is a high probability of another $17 to be tested . However, these are already medium-term targets, according to which the global idea will be made. P.S. Why is there such a possibility? Check out our global BTC idea:
Long
by P_S_trade
23