Get started

Chainlinkusd

Why am I bullish on Chainlink?A plain and simple comparison to an early chart of ETHUSD price movements around March - April 2017 can indicate that a similar path could be followed by LINKUSD and I would not rule out potential for parabolic moves higher in the near future. Such path followed by ETHUSD which surpassed the given Fib Extension level of 4.236 would give a potential target of ~90 USD for Chainlink which is still in early stages of adoption having only been founded in 2017, nonetheless having already forged a partnership with Google back in 2019. Levels to keep an eye on the the coming weeks would be the $38.6 level and the psychological $50 mark . Both technologies are fairly new and disruptive, based around a self-executing contract also known as a smart contract - having the potential to bring about transparency and trust to virtual business agreements. To put things into perspective within the crypto space: - Bitcoin has seen a move higher of 391% in the past year, - Ethereum at 580%, - Chainlink quietly making gains of 671%. Chainlink has moved to an ATH at $35 over the weekend after a move higher from the $25 handle. Trade with caution, this is not financial advice - all views expressed are my own.
KRAKEN:ETHUSDLong
by pjosh1
LINK Chainlink long to 40$ in intermediate W3 and 60$ in Main W5Hi everyone, sorry if this chart look like a mess! You need to keep in mind that this Elliott Wave scenario is without a doubt realistic for Chainlink . Main wave 3 can make an extension to 66$, it's something possible, but it's always better to place your strategy inside a reaslistic scenario and take some profit on the most probable fibs... don't try to catch the ultimate top cos you can get smashed at top. Most probable targets of Wave 3 are 161.8%, 261.8 and 361.8%, try to take some profit on everyone. ChainLink is an awesome project, one of the strongest in the crypt industry but keep in mind that ChainLink supply is at 407 009 556 LINK and will be 1 000 000 000 (inflationay) LINK (total).. which mean that ChainLink would not be a longterm play for me like another deflationary asset that have almost the same or stronger fundamentals but with much less supply like Elrond - EGLDUSD Egold... which will be at 21 000 000 EGLD like the Bitcoin. If you have any question(s) or would like to contact me in private, don't be shy.. i will do my best to help you ! Have a wonderful sunday! Crypto Mercy !
LLong
by Crypto_Mercy
3
CHAINLINK - ONE SMALL PULL BACK BEFORE RUN!Let me know your thought? We could definitely see a pullback to $21-20 support range before heading back up over $30, the 4hr and daily indicate a potential drop similar to what we have seen in many of the altcoins in the last 12 hrs. Will it drop ? not 100% but what I am sure on is that the long term price direction for chainlink is up if you're looking for a good time to buy I would hold off for a few more hours to a day to see if it will indeed drop a little lower first. ''Buy Big Sell BIGGER'' -MegaWhale
BINANCE:LINKUSD
by MegaWhale
4
Target projection for the next scenarios in LINKUSDT 1HTechnical analysis regarding the price of CHAINLINK in relation of dollar Tether for the next scenarios, based on 1 hour movement. The price has been moving, forming rising tops/bottoms. However, it arrived in that region where it accumulated. I believe that by breaking this region of resistance that we find, the price will seek the projected targets. disclaimer *** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
Long
by luizhcruz
5
This Can Be Really Bad For Chainlink (Link) HoldersHey friends, hope you are well and welcome to the new update Chainlink token. Different support and resistance levels: On the daily chart, the priceline of Link token is breaking out the different resistance levels and after breaking out re-testing the previous resistance levels as support before the next rally. Now the price action of Chainlink has found the highest resistance at $25. There are also simple moving averages with the time period of 25, 50 and, 200 with different support levels. An up-channel and EMAs: The price line of the Chainlink token is also moving in an up-channel and after getting rejected it is at the support of this channel. At the same time, it is also re-testing the exponential moving averages with the time period of 10 and 21 as support. Long-term up-channel: On the long-term weekly chart, the priceline of Link has formed a bigger up-channel and it is likely to be rejected by the resistance of this channel at the moment. Therefore in long-term we can expect a rally to the downside to re-test the support of this channel. Conclusion: In the short-term we can expect a move to the upside as the price action is at the support of an up-channel but in the long-term, a rally to the downside is more likely to be expected because the price action has been rejected by the resistance of a channel on the weekly chart.
KRAKEN:LINKUSD
by moon333
23