Hello to everyone, just a small update about a Chainlink we are having
I am currently following some Tokens, with the potential in my belief.
Unfortunately, Chainlink fall 9% in rout, which seems like a considerable drop for the Token.
At the moment of writing, the price of 1 LINK is at the point of $0,264182 USD , comparing to the max price ( $1,41) of it on...
If you dont know anything about Chainlink, than you probably aren't REALLY familiar with the Crypto atmosphere. Chainlink has vastly outperformed BTC and ALL altcoins. Nearly doubling during the time BTC has been stagnant. It has been hit hard recently with the major drop in BTC price and the overall market drop, But it remains strong mainly because of its...
>>> “Thumbs up” and “Likes” are always appreciated! <<<
Introduction to Chainlink
Chainlink is a decentralized oracle network. Decentralized oracles connect and access smart contracts to any external, off-chain data data in a trust-less way. It's accompanied by following the rules of a protocol that incentivizes all nodes to tell the truth and punishes them...
ChainLink, one of the strongest crypto assets over the past few months, has found support at 0.5, rebounding several times on solid volume.
Obviously BTC is the major factor here, but now that it’s holding in the mid-5,000s a retest of 6,000 is a strong possibility. That could be the catalyst for LINK to retest the highs at 0.63. Below 0.5 all bets are off.
Price bouncing off support and breaking out of the triangle. Bullish VFI and directional indicators suggest an uptrend to follow. Consider scaling in long with stops at .48
Consistent pattern of consolidation -dip-rally. I'm using the heikin ashi candles to determine entry. Consider scaling in long on the next green candle then set stops just below the nearest red candle.
ChainLink found the bottom at $0.16, but while approaching that level, RSI has formed a bullish divergence suggesting change in trend. Price then moved up and broke above the descending channel, downtrend trendline and the 50 Moving Average
This looks like a strong indication that the uptrend has started, especially after LINK/USD broke above 61.8% Fibonacci...
Hi friends , 4h chart, today chainlink ! it' s a very nice & promising project , but well unknow , today and days to come looks a good entry point for short or long term .
We got a little nice ascending triangle , a not to old bullish divergence on RSI.
The crucial point will be on MM and resitance blue line at green point (1) in yellow circle zone
- if it fail...
Looking at the Fibonacci and RSI, it appears that it's looking for support, maybe at the $0.26 level? Or is it going to test lower at $0.14. I will be checking the RSI to see when it's oversold... close now I think at $0.26.
I don't expect the $0.14 level, but who knows with Crypto! I think ChainLink is a quality project, so I'm not worried. More so, looking for...
