BINANCE:LINKUSDT.P   ChainLink / TetherUS PERPETUAL CONTRACT
+Its been a weird few days with the recent pump from last week it seems like many coins went into accumulation Chainlink being one for them.
+The white box drawn seems to be a accumulation zone
+Accumulation text book definition states longer the accumulation bigger the move up.
+Links been in this box for a few days now and looks like it could rip today or tomorrow.
+Another reason I'm personally bullish on link is due to the fact last night Chainlink broke out of a downtrend trend line it jumped 22% on the day spot. I signaled 1100% on the day with futures.
+First TP 11.283
Second TP 11.688
Third TP 12.136

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.