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LINKUSDT

To finish long sideways and ascend...Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (LINKBTC 1W Chart) -------------------------------------------------- -- (LINKUSDT chart) ------------------------------------------ (LINKUSDT 1W Chart) It has been showing sideways movements around the HA-Low indicator for quite some time. Accordingly, it is expected to show an upward trend in the near future. (1D chart) If price holds above 7.601-7.820, I would expect a move towards 9.869. If not, you should check for support around 6.698. Therefore, it is important not to fall below the downtrend line or 6.698. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
by readCrypto
4
ISO 20022|RIPPLE/XRP|SWIFT/LINK|CBDC: A Strong Case for XRP ISO 20022|RIPPLE/XRP|SWIFT/LINK|CBDC: A Strong Case for XRP ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ PERSONAL THOUGHTS : To me I think we're experiencing an echo cycle of our last bull run, and for the time being at least for now seeing BTC has cleared the 23k level and all signs indicating a continued trend upwards, we can expect and count on maybe really just ~2 more months (March & April) of straight bullish euphoric 'omg this is great' speculative hype driven good times before we reaching some kind of peak. I'm eyeballing for BTC 29k-32k conservatively and 42k-46k if things go wild and run irrationally out of control, as far as potential levels for this peak before we then ever so slowly start turning back downwards. And I say "slowly" start turning back downwards because that turn downwards will be marked by heavy market manipulation and media/news manipulation as institutional money artfully lulls retail investors into the biggest bull trap of our lives, and then suddenly (and somehow magically unexpectedly), this house of cards we've been duped into standing atop, will dumpster fire come crashing down and go violently into the dirt to the bewilderment and surprise of all. What's crazy and alarming to me is that for all intensive purposes the reality for how things are right now being: Inflation and Debt continue to get worse Corruption on all sides & Market Manipulation running rampant The domino tiles of Financial Institutions / Systems / Safeguards & Controls are already falling SEC Versus Crypto Charade is soo far past absurd that daytime soap operas wouldn't even air it We are in a recession right now, but retail investors blinded by greed have been tricked into throwing away logic and are irrationally jumping in deeper and deeper into Crypto Months after this final crash down Q3-Q4 2023 and the shell shock wears off, we will be on a slow and choppy climb back up conveniently and magically just in time for go figure, BTC halving in 2024 and what in my opinion will be the one of the last speculation and hype driven millennial crypto millionaire maker bull runs we can expect to see before the game changes on us entirely in the cycles to follow. I believe that the we are in the midst of and witnessing the masterful long game/end game of coordinated events and manipulation from the powers that be (Government/Institutional Investors|Whales/Exchanges|Banks/Cryptocurrencies) and once the dust settles, policy & clarification w/ regulation implemented, CBDCs will be established, a select few market leaders will emerge, the poor will be poorer, the rich will be richer. And the sad thing is, the parties responsible for the worst of it painted as heroes and the victimized retail investors none the wiser to it all, will somehow end up feeling thankful to these parties for 'saving' them. TIMELINE: 2023 Another Crash & Regulation >> 2024 The Last Great Bull Run >> 2025 & Beyond Adoption/Utility/Stability. FINAL REMARKS : From the dust and rubble aftermath of the above doom and gloom conspiracy theory rant, I believe there are a handful of cryptocurrencies acting out their part of the game here that will be poised to emerge Walmart monopoly style market/industry leaders dominating the rest, namely Ripple XRP and Swift w/ Chainlink LINK. Below I've collected a handful of supporting materials w/ bulleted notes and links to whitepapers, press releases, and noteworthy developments in the global financial industry that for the life of me I can't understand why people aren't talking about it more and/or mind blown freaking out about it. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ RIPPLE/XRP : Blockchain and Crypto in Payments Whitepaper A special report from the US Faster Payments Council and Ripple on the transformative opportunities of crypto-enabled payments—and what leading providers expect next. Cryptocurrencies and, more generally, the mindset of innovation that led to their creation and growth in the marketplace are exciting for the future of payments. Cryptocurrencies present a potentially compelling blend of flexibility and utility. They appear well-positioned to solve some seemingly intractable issues in payments by filling various gaps in payments flows efficiently and effectively. This report provides an overview of the use of cryptocurrencies in payments today, insights from participants in the faster payments ecosystem, and what the future holds for blockchain and crypto in payments. Table of Contents: - Brief Overview of Crypto Use in Payments Today - Page 5 - Blockchain and Crypto will Enhance Payments Speed and Boost Customer Value - Page 7 - Crypto’s Most Attractive Feature: Cost Reduction - Page 8 - Enterprises Gear Up to Support Crypto Payments - Page 11 - Crypto’s Environmental Footprint Gives Providers Pause - Page 13 - Conclusion: Bringing Blockchain to Payments - Page 15 REFERENCE: ripple.com ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ISO 20022|RIPPLE/XRP|SWIFT/LINK|CBDC : Top ISO 20022 Compliant Cryptos • New rules and regulations are coming into play for international and cross-border payments and ISO-compliant cryptocurrencies will be the legal and compliant cryptocurrencies most likely adopted when these regulations are implemented. • Many investors are bullish on ISO 20022 compliant cryptocurrencies as they will be integrated into the global central banking system and could potentially offer a massive price appreciation as these systems come online. • The ISO 20022 compliant cryptocurrencies will form the backbone of the New Financial System, replacing the legacy 50-year-old SWIFT payment system. This will be a new international blockchain-based financial payment system for global central banking and support international and cross-border payments around the world. • ISO 20022 Cryptocurrencies ○ Ripple (XRP) ○ Stellar (XLM) ○ Hedera (HBAR) ○ Algorand (ALGO) ○ Quant (QNT) ○ IOTA (MIOTA) ○ XDC Network (XDC) • ISO 20022 will undergo several changes in 2023. The ISO 20022 Crypto List Committee will expand the list of compliant coins and tokens and revise the criteria for inclusion on the list. In addition, the organization will make changes to improve security measures and reduce fraudulent activities. • New features such as cross-chain interoperability and atomic swaps will likely feature in the new additions, allowing users to effortlessly convert one cryptocurrency into another. • Swift, the world’s leading payment system, announced its decision to delay the implementation of the ISO 20022 standard until March 2023. This international transaction standard has become increasingly popular as it enables data-rich payments compared to traditional formats. As a result, financial institutions worldwide are now considering their options and timelines for completing the upgrade. • REFERENCE: ○ altcoininvestor.com(XRP),IOTA%20(MIOTA) ○ cdn.getmidnight.com ○ www.cryptopolitan.com ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ RIPPLE/XRP : Ripple Powering the Next Evolution of Central Bank Digital Currencies • Digital transformation and disruption, particularly in the financial sector, has accelerated at a speed not seen before over the last decade. We have seen new players emerge to disrupt parts of the stack, like PayPal and Stripe, as well as whole new technology platforms emerge, such as blockchain and distributed ledger technologies. • One area where the pace of change has been most pronounced has been the tokenization of everything — from art with NFTs to property ownership and, perhaps most crucially, with the advent of digital forms of currency, tokens or digital assets, can be considered the avatars of the Internet of Value. When value is represented in a token, translating to the depiction of value on a blockchain, the value can inherit new capabilities. The most important of these are transparency, privacy, and agility. • Whether we realize it or not, we all know and have used a country’s fiat currency. Fiat money is a government issued currency that is not backed by a physical commodity, such as gold, but rather by the government that issued it. As fiat currencies look to evolve and keep up, central banks are looking toward tokenization. Consensus estimates are that 80% of central banks around the world are exploring the use of what is known as a Central Bank Digital Currency (CBDC). • A CBDC is a token issued on a blockchain that represents a country’s national fiat currency. • The market, opportunities, and challenges outlined above are what led us to evaluate the decentralized public blockchain XRP Ledger utilized for Ripple’s CBDC solution, which we believe is well-suited to support CBDCs on a nation state level. The public XRP Ledger platform has supported over 70 million closed ledgers since 2012 across financial institutions around the world. Ripple’s CBDC solution leverages a private version of the XRP Ledger (a public ledger). There is a fundamental reason for that success: trust. Financial institutions trust Ripple for the very same reasons it is well-suited to support CBDCs — it delivers on inclusion, security, interoperability, and sustainability. • REFERENCE: ripple.com ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ SWIFT/LINK : SWIFT Partners With Crypto Data Provider Chainlink on Cross-Chain Protocol in TradFi Play • SWIFT, the interbank messaging system that allows for cross-border payments, is working with Chainlink, a provider of price feeds and other data to blockchains, on a cross-chain interoperability protocol (CCIP) in an initial proof-of-concept. • CCIP will enable SWIFT messages to instruct on-chain token transfers, helping the interbank network to be able to communicate across all blockchain environments. • REFERENCE: www.coindesk.com ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ SWIFT/LINK : Banks’ SWIFT Messaging System to Experiment With Tokenized Assets in Early 2022 • SWIFT is planning a series of experiments in the first quarter around improving the exchange of information between the participants and systems that interact during the lifecycle of tokenized assets, according to a Tuesday announcement. • The experiments will use central bank digital currencies (CBDCs) as well as established forms of payment. • The organization, which links more than 11,000 institutions, aims to support the issuance, delivery-versus-payment and redemption processes, demonstrating how it could support “a frictionless and seamless tokenized digital asset market.” • Following the example of the crypto world, banks and securities firms are offering services whereby fractions of assets are sold as digital tokens to allow for greater liquidity and accessibility. • SWIFT is a global messaging network connecting banks and other financial institutions for cross-border payments. There have been suggestions its usefulness could decline because of the growth in use of digital currency – be it crypto, stablecoins or CBDCs. • REFERENCE: www.coindesk.com ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ SWIFT/LINK : Ground-breaking Swift innovation paves way for global use of CBDCs and tokenized assets • Interlinking CBDCs for seamless cross-border payments • Globally, nine out of 10 central banks are actively exploring digital currencies — often using different technologies and with a primary focus on domestic use. For the potential of CBDCs to be fully realised across borders, these digital currencies need to overcome inherent differences to interact with each other, as well as with traditional fiat currencies. • Swift, in collaboration with Capgemini, achieved CBDC-to-CBDC transactions between different DLT networks based on popular Quorum and Corda technologies, as well as fiat-to-CBDC flows between these networks and a real-time gross settlement system. The success showed that the blockchain networks could be interlinked for cross-border payments through a single gateway, and that Swift’s new transaction management capabilities could orchestrate all inter-network communication. • 14 central and commercial banks, including Banque de France, the Deutsche Bundesbank, HSBC, Intesa Sanpaolo, NatWest, SMBC, Standard Chartered, UBS and Wells Fargo, are now collaborating in a testing environment to accelerate the path to full scale deployment. • REFERENCE: www.swift.com ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ SWIFT/LINK : Swift Go sign-ups triple as cooperative makes significant progress on G20 goals to enhance cross-border experience • More than 500 banks in 120 countries have signed up to enable fast, transparent low value payments using Swift Go • Strong adoption increases momentum towards G20 goals of better speed, cost, transparency, choice and access in cross-border transactions • Represents one of many Swift innovations in 2022 as cooperative records 13th consecutive year of traffic growth • To this end, in October, Swift announced ground-breaking innovation after successfully demonstrating how Central Bank Digital Currencies (CBDCs), and tokenized assets, could be exchanged across DLT and fiat-based systems. Swift’s innovation proved that ‘digital islands’ across the world can be connected, realizing the technology’s full potential to enable instant and frictionless payments and securities transactions. The CBDC solution is now being tested with 18 central and international commercial banks. • Furthermore, 2022 is set to be the 13th consecutive year of annual traffic growth on the Swift network, with an average of 44.8 million messages sent across Swift’s system each day by the end of October 2022, an increase of 7.7% on October 2021. The growth underscores the industry’s trust in Swift, which continues to deliver on its day-to-day mandate, with relentless focus on operational excellence. • REFERENCE: www.swift.com ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ SWIFT/LINK : Exploring tokenized assets: Collaborative innovation in action • Working with Clearstream, Northern Trust, SETL and others, Swift plans experiments in Q1 2022 to explore how it can support interoperability in the development of the tokenized asset market. • Relative to cryptocurrencies and stablecoins, the current market capitalization of tokenized assets is small but momentum for these digital assets is expected to accelerate rapidly in the coming years. By some estimates, volumes could reach some 24 trillion USD by 2027. • Tokenization can be applied to stocks and bonds, but also to illiquid assets, including commodities, property or even art. For example, a share or bond with a high value per unit (say over $500) can be divided into digital pieces that each have ownership and value. This increases the liquidity of the overall asset, and accessibility, by enabling a wider demographic of people to invest in assets that may historically have been unavailable to them. • Banks and securities firms are responding to tokenization by developing services − including fractionalization, a process whereby assets are broken into smaller value digital tokens − amongst other digital asset servicing capabilities, such as private key safekeeping. Financial market infrastructures also are embracing tokenization by supporting the full lifecycle of digital securities. • As interest increases, Swift is exploring how it can enable and improve interoperability between participants and systems during the transactional lifecycle of tokenized assets. To this end, Swift plans a series of experiments in Q1 2022 leveraging its trusted role as a central platform to explore the issuance, delivery versus payment (DVP), and redemption processes, to support a frictionless and seamless tokenized asset market. These experiments will use both established forms of payment and central bank digital currencies (CBDCs). • REFERENCE: www.swift.com ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ SWIFT/LINK : Tokenized assets interoperability: 5 key takeaways from our ground-breaking experiments • Here are five key takeaways from our experiments to help you quickly get up to speed on the future of tokenization in financial services. ○ The industry is fast gearing up for a tokenized future ○ The barriers to growth shouldn’t be underestimated ○ Our extensive tokenization experiments have proved successful ○ Swift could act as a ‘single access point’ to various tokenization networks ○ Feedback is essential to define the next steps • REFERENCE: www.swift.com ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ISO 20022|RIPPLE/XRP|SWIFT/LINK|CBDC : Swift accepts community request to start ISO 20022 migration in March 2023 • Following ECB’s decision, SWIFT has confirmed the postponement of the start of the CBPR+ co-existence period, to align with ECB’s recently announced new migration date of Target2 platform of 20 March 2023. • In a statement, to be found on Swift announcement released Thursday 27 October, Swift clarified: "An overwhelming majority of our global community has requested that Swift align the start of the global ISO 20022 migration for CBPR+ with the ECB’s updated timetable to ease implementation. • In response, we have taken a decision to accommodate this request, and Swift will begin the ISO2022/MT coexistence period for all users on 20 March 2023 (the end date for the coexistence period will not change running until November 2025)." • At the same time, Swift has reiterated that the revised start date of 20 March 2023 will be definitive. • Swift has worked extensively with its global community to prepare for the start of the ISO 20022 migration for cross-border payments and reporting (CBPR+) and since August, all required capabilities have been deployed and institutions have been able to exchange ISO 20022 messages on an opt-in basis. • On 20 October 2022, the ECB shared its decision delaying the ISO 20022 migration of the Eurosystem by four months. In light of this announcement and in line with our earlier scenario planning, Swift committed to further analyze and validate impacts on the timeline for CBPR+ with a view to maintaining operational and business continuity across the global financial system. • An overwhelming majority of our global community has requested that Swift align the start of the global ISO 20022 migration for CBPR+ with the ECB’s updated timetable to ease implementation. In response, we have taken a decision to accommodate this request, and Swift will begin the ISO 20022/MT coexistence period for all users on 20 March 2023. • At the same time, it is clear from our community feedback that there is strong momentum across the industry to implement and gain value from ISO 20022 rich data, so the revised start date of 20 March 2023 will be definitive. Financial institutions are therefore encouraged to continue preparation for the 20 March start date and consider all potential scenarios in their planning to ensure readiness for the start of ISO 20022 coexistence for CBPR+ from that date. • REFERENCE: ○ www.swift.com ○ www.ingwb.com ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ISO 20022|RIPPLE/XRP|SWIFT/LINK|CBDC : What is ISO 20022? • Starting in March 2023, the way the Swift community exchanges payments messages will be transformed with ISO 20022. This will unlock huge opportunities for financial institutions, such as boosting operational efficiency, enhancing customer experience, and enabling innovative new services. • A global and open standard, ISO 20022 creates a common language for payments worldwide. And its higher quality data means better payments for all. Whether you’re adopting ISO 20022 as from the start of the migration period or not, learn more about the mandatory actions you need to perform before March 2023. • REFERENCE: www.swift.com ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ISO 20022|RIPPLE/XRP|SWIFT/LINK|CBDC : Why adopting ISO 20022 is good for you and your clients • Cross-border payments are entering an exciting new era with the global introduction of the data-rich ISO 20022 standard. To find out what outcomes banks and customers can look forward to, Swift's Stephen Lindsay spoke to Isabel Schmidt, Co-Head of Payment Products, from BNY Mellon at Sibos. • The payments industry continues its rapid evolution. The adoption of the ISO 20022 data standard is helping speed up the move towards greater integration and digitization of the entire payments space. It’s also supporting the drive for enhanced interoperability, and creating more visible, useable data and analytics. All of this is helping banks better understand their customers, how best to serve them, and ultimately creating better outcomes for the industry as a whole. • The starter’s pistol is ready and we’ll soon be out of the blocks for the global migration of cross-border payments to the ISO 20022 standard, beginning in March 2023. We have several exciting years ahead, as we move towards the final destination of having all domestic and cross-border payments using rich and structured data. • REFERENCE: www.swift.com ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ISO 20022|RIPPLE/XRP|SWIFT/LINK|CBDC : ISO 20022 adoption programme • High quality payments data is becoming a reality. March 2023 marks the start of migration to ISO 20022 (MX) for cross-border payments and reporting (CBPR+), with a coexistence period with MT messages until November 2025. • Whether you’re adopting the standard from the start of the migration period or not, as a Swift customer, the mandatory action you need to perform before March 2023 is to upgrade your messaging interface (to ensure your messages are processed). Testing the receipt of multi-format MX messages (ISO 20022 + MT) generated by the In-flow Translation service on FINplus is also highly recommended. • To ensure you understand how all ISO 20022 changes will impact you and to help you get ready, we’re engaging with our community to outline all you need to know for March 2023. We are here to support your adoption journey as we move towards ISO 20022 go-live and coexistence. • REFERENCE: www.swift.com ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ISO 20022|RIPPLE/XRP|SWIFT/LINK|CBDC : ISO 20022 Timeline • Our approach to ISO 20022 adoption: In line with the adoption timeline agreed with our community, we’ll enable ISO 20022 messages for cross-border payments and cash reporting businesses, starting from August 2022, on opt-in basis, and March 2023 for general availability. There’ll be a three-year period of coexistence for MT and MX, allowing early adopters to benefit from ISO 20022’s richer, structured data, and other banks to adopt at their own pace. We’ll also facilitate the interoperability of MX to MT with our central In-flow Translation service. • Go-live on ISO 20022 for CBPR+ and the start of coexistence from March 2023: During the coexistence period, from March 2023, some financial institutions will begin sending ISO 20022 messages to gain the full benefits of richer, structured data. Other banks will migrate at their own pace, relying on central In-flow translation, or local translation services, until their back office is natively ready to process ISO messages. From March 2023, any bank can start sending MX messages, independently of their correspondent’s preferred channel (MT or MX). • REFERENCE: www.swift.com ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ISO 20022|RIPPLE/XRP|CBDC : How ISO 20022 Will Take Ripple to the Next Level | A win for ISO 20022 will be a huge win for Ripple • Ripple (XRP-USD) is banking on the ISO 20022 banking standard, which is set to launch for all compliant entities to use in November 2022 Rescheduled to March 2023. • If adoption picks up, the standard could become the global banking language connecting all of the world’s banks and financial service companies. • Ripple is betting on the standard’s success by becoming a member of the ISO 20022 committee, building its crypto’s fundamental value by proxy. • Dozens of companies and banks now hold membership in the technical committee tasked with expanding ISO 20022’s reach. Interestingly enough, RippleNet also appears as one of the only crypto-centric companies to hold membership. Of course, the pair are a match made in heaven; the cross-border payments crypto and ISO 20022 both seek the same ends of making cross-border payments cheap, easy and automatic. As one of the largest crypto projects with this explicit goal, it’s a no-brainer for Ripple to get on board with the growing influence of traditional banking on digital assets. • REFERENCE: investorplace.com ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ISO 20022|RIPPLE/XRP|CBDC : ISO 20022 Registration Management Group member list • The RMG has 37 delegations from the following Member Entities • RMG Member List Below • REFERENCE: www.iso20022.org Member entity Company ACTUS ACTUS Financial Research Foundation ACTUS Tahoe Blue Ltd ACTUS Ariadne Australia NPP Australia Limited Austria Bank Austria UniCredit Bank of England Brazil IPMF Global Brazil BM&FBovespa Canada Payments Canada Commodity Futures Trading Commission China People's Bank of China China China International Payment Service Corp Clearstream Clearstream Denmark The Danish Bankers Association Denmark Mastercard Depository Trust & Clearing Corporation European Central Bank European Payments Council Euroclear Finland OP Bank Group Central Cooperative FIX Protocol Ltd Brook Path Partners France Societe Generale France BNP Paribas Germany EURO Kartensysteme GmbH Germany BaFin India RBI ISDA/FpML ISDA ISITC State Street ISITC Fiserv ISO 20022 RA SWIFT Italy CBI Consortium Japan Bank of Japan Japan JP Morgan Chase Korea Bank of Korea Korea KATS Mastercard NACHA, IFX Forum The Netherlands Dutch Payments Association nexo standards Norway Bits AS Norway DnB NOR Bank OMG RippleNet Singapore Zensung PTE Ltd Singapore TechCreate Solution Private Limited South Africa ABSA Bank Sweden Swedish Bankers Sweden Swedish Standards Institute (SIS) SWIFT Switzerland Swiss Association for SWIFT and Financial Standards (SASFS) United Kingdom The Investment Association United Kingdom Pay.UK United States JP Morgan Chase United States Bloomberg Mojaloop Foundation VISA International ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ XRP IN THE NEAR TERM IDEA BTC IN THE NEAR TERM IDEA
Long
by Trevictus
3
LINK LONGI have been following LINKUSDT for a while now and will give a breakdown of the analysis I did applying Fibonacci alongside trendlines, support/resistance, and candlesticks. 1. The market is currently bullish, making this somewhat easy to analyse. 2. The chart has been obeying the bullish channel and moving along smoothly. The previous resistance around $7.29 followed a .5 fib retracement and printed a double bottom around $6.95 confirming the continuation of the trend. 3. Given the $7.29 resistance has been broken, fib extension analysis shows we could be headed for $8 or the 1.681 ext. level before any serious profit-taking occurs. 4. All these are dependent on bitcoin of course.
Long
by getencored
LINK/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this LINK/USD update by CRYPTO SANDERS. CHART ANALYSIS:-chainlink (LINK) was also in the green in today’s session, with prices trading by as much as 7% higher. LINK/USD rose to a peak of $7.17 earlier in today’s session, after falling to a floor at $6.57 the day prior. Friday’s rally came after LINK bears failed to sustain a breakout at a long-term support point of $6.60. However, bulls were able to move past a point of resistance at 50.00 on the RSI, which was one of the catalysts of today’s climb. As of writing, the index is tracking at 52.71, which is close to a ceiling at the 54.00 zone. In the short-term bulls may attempt to send the token to $7.50, however, there appear to be several obstacles the way that could prevent this. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
BINANCE:LINKUSD
by CryptoSanders9563
3
CHAINLINK: $LINK Accumulation✅My biggest 2023 position is $LINK long, bought multiple times in this range since weeks. Anything below $6 is a good-buy IMO. A breakout is incoming once economic data shows soft-landing signs while FED starts to cut interest rates. Chainlink allows blockchains to securely interact with external data feeds, events and payment methods, providing the critical off-chain information needed by complex smart contracts to become the dominant form of digital agreement. This is valid unless the price breaks below this accumulation range! My SL is 5% below this box's support. I will keep updating this trade here, make sur you follow me to get alerts!
Long
by dogofallstreets
LINKUSDT looks bearish now (NEW)LINKUSDT looks bearish as the price has created lower highs due to getting rejected from the downsloping resistance. Currently the price is sitting on the support where we can expect a bounce towards the downsloping resistance. However, if it keeps getting rejected and the key support fails, we may see lower prices. How to trade: Enter short at the resistance. Take profit levels, stop loss and the final target are shown on the chart. Take profit levels can be considered as buy levels if you're DCAing into LINK. Good luck
Short
by vf_investment
CHAINLINK - Higher Timeframe OverviewCHAINLINK - Higher Timeframe Overview Here we have the 2weekly chart of Chainlink. We can see that on a higher timeframe, we are still bullish. We have not yet completed the 5 waves. We are currently on the 4th wave which appears to be a WXY correction (breakdown: 3 waves for W, 3 waves for X and 3 waves for Y) We are now in wave X. We need to see 3 clear waves down to complete the sequence. Once we make that final move down, we can look for buying opportunities. Expecting the bearish correction to finish above the blue structure. There is a potential for a 2000% trade coming up. Definitely one not to be missed!
BINANCE:LINKUSD
by WicktatorFX
Going sideways...Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (LINKBTC 1W Chart) The section from 0.0002 195 to 0.0003 665 is the core support section. If you are supported and rise in this section, you are expected to release the power of Sangs. ----------------------------------------- (LINKUSDT 1D Chart) The 6.698 point is the HA-Low indicator point on the 1W chart. Therefore, it is a buying point from a mid- to long-term perspective. If it falls below 6.698, it should touch near the downtrend line and see if it can move up. In particular, it is necessary to check whether it is supported by the HA-Low indicator of the 1D chart. In order to continue the mid- to long-term upward trend, it must rise above the HA-High indicator on the 1W chart. However, since the conditions for the HA-High indicator to decline have not been created, it is expected that more up and down swings will be required. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ---------------------------------
by readCrypto
LINKUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a 4-hour-time frame analysis for LINKUSDT There is R1 on the top of the chart which is a resistance area and it represents the unsuccessful triumphs of the price to rise at several points. And as you see, S1 and S2 are our support areas with their well support of price for various points. Hence, we observe the fluctuation of price in a flag-shaped pattern; consisting R1 as the top part of the flag and S1 as the bottom part. So the price is fluctuating over S1 after its little rise toward this area. Our expectation would include more decline for the price to reach S1 and then via having some rising signs, there would be more rise predicted for the price to reach higher amounts. You should know that if the price loses the support and falls below S1, more decline would happen to it then. Do not forget to consider the market situation in lower time frames and then decide what to do; based on the multiple pieces of information which you would obtain from our analyses and updates. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Long
by MarsSignals
6
LINK go up!LINK has been consolidating for nearly 9 months since May 2022. In the rising market in early 2023, it did not go out of the consolidation range. At present, LINK has broken through the resistance price of 7.816. - After LINK broke through 7.816, it formed a inverse H&S, and we can focus on the upper target: 8.743 9.030 9.317~9.483 If the closing price is higher than 9.483, it will break through the consolidation range. - At present, it is more appropriate to deploy LINK on the spot or with low leverage. After breaking through the consolidation range, it is expected to have an increase. - Stop loss price: 5.25 -
Long
by noah_chen