AltQueen

Chainlink's price analysis

Long
BITSTAMP:LINKUSD   Chainlink / U.S. dollar
Based on Chainlink's volatility percentiles, when the value is above 70% it indicates a distribution phase. This coincides with the time when Chainlink's price increases. This bullish trend is followed by a correction and the cycle resets before starting with the distribution again. The current volatility percentile signals that this may be the best time to accumulate Chainlink before it breaks past $30 yet again.