chainlink testnet launch redditChainlink LINK - Strong support still holding

chainlink crypto outlook chainlink node setup chainlink testnet launch reddit Chainlink LINK - Strong support still holding
chainlink testnet launch reddit chain link jewelry making Chainlink LINK - Strong support still holding
foreign welcome to a new update today I will be talking about chain link and this project is uh right now uh following our uh bullish weight count uh in a way for where its correct right now and then we can expect wave 5 to occur uh so lets dive into the chart so what we can see here is the way one uh it was a bullish wave where we saw price going from uh 5.4 dollars and went to almost 8.4 dollars we found here in a wave 2 support at 5.9 we move even higher at eight point seven dollars and now we are correcting the thing is that I told you that we can go uh even lower below this bull market support band and now we are still below and were below uh 0.618 Fibonacci retracement uh but we are finding here some kind of port and we are bouncing back but there is still chance to the downside that we can go lower there is a chance at around 9.3 percent that we can still go lower and then later on we can start looking bullish and then go in a way five uh where is the Target around 9.7 and nine dollars okay so that would be the target for wave five so right now chain link is looking good and this wave 5 can happen anytime soon so uh this Zone uh here in this rectangle would be a good place to buy and I would put my stop loss just below here at 5.9 which will mean that if this level goes below okay below this one 5.9 then the price will probably correct even more and then we will see price going here here at maybe 5.4 dollars so then if youre buying and using a stop loss if it triggers here at 5.9 dollars then you would not be you will not lose next uh 8.67 8.67 percent uh of your trade then you can buy around this Zone but so far so good so we are expecting bounce to the upside to occur soon and we will follow the price what its going to do in next few days or weeks uh because dont forget that this price to develop it will take probably uh a few days or maybe even weeks um so that was everything about the update about chain link uh dont forget to subscribe like and share our videos and dont forget also to check our website there is a lot of news that we are updating you can read uh new articles and you can find also the voucher code that we have on our website you can use it and you can get everything three percent cheaper and uh if you are trading on Maxi exchange you can get you can use our affiliate link and you can get twenty dollars bonus if youre having from English-speaking countries okay guys so see you in the next video bye foreign MEXC exchange $20 BONUS!!! and Install Astrill VPN using our link : Support Our Channel donate BTC : 1H3wycotoN519MTP12F6xANKcenzm64wjw DISCLAIMER: InCryptoWorld does not provide financial, investment, tax, or legal advice. None of the content on the InCryptoWorld channels is financial, investment, tax, or legal advice and should not be taken as such; the content is intended only for educational and entertainment purposes. InCryptoWorld Becks and Michael share some of their trades as learning examples but they are only relevant to his specific portfolio allocation, risk tolerance & financial expertise, may not constitute a comprehensive or complete discussion of such topics, and should not be emulated. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading equities or cryptocurrencies poses considerable risk of loss. Kindly use your judgment and do your own research at all times. You are solely responsible for your own financial, investing, and trading decisions. Follow us at : WEBSITE : TWITTER : INSTAGRAM : TIKTOK : TELEGRAM : Chainlink LINK is a decentralized oracle network and cryptocurrency project. It was developed to bridge the gap between smart contracts on blockchain platforms, such as Ethereum, and real-world data, applications, and systems. Smart contracts are self-executing contracts with the terms of the agreement directly written into code. They enable trustless and tamper-proof transactions on blockchain networks. However, smart contracts lack the ability to access data outside the blockchain, such as information from APIs, websites, or traditional databases. Chainlink aims to solve this limitation by providing a decentralized oracle network. Oracles are data feeds that connect smart contracts with real-world data. They act as intermediaries, retrieving and verifying off-chain data and delivering it to smart contracts. This enables smart contracts to interact with external data, making them more versatile and useful for a wide range of applications. The Chainlink network consists of multiple nodes operated by independent providers, known as node operators. These nodes retrieve data from various sources, such as web APIs, premium data providers, and IoT devices. The data is then aggregated, validated, and made available to smart contracts on the blockchain. The LINK cryptocurrency is used within the Chainlink ecosystem to incentivize node operators and provide security to the network. Node operators are required to hold and stake a certain amount of LINK tokens to participate in the network and provide reliable data services. Additionally, developers who want to access external data through Chainlink must pay node operators in LINK tokens. LINK has gained popularity and widespread adoption due to its ability to enable secure and reliable connectivity between smart contracts and real-world data. It has been utilized in various industries, including finance, insurance, supply chain management, and gaming, among others.