Analysis LINKAccumulation within the symmetrical triangle.
My feeling refers to the idea of a strong rise for the next few days, but if the break in this pattern goes down, the bullish study is not feasible!
Trade ideas
LINK Price May Soar Above $30.50Chainlink price traded at $28.55 with a loss of 2.86% in the last 24-hour and 4.15% up in the weekly time-frame. In contrast, the market capitalization stands at $11.858 billion. Technically, investors can perceive a positive crossover in SMA. Moreover, the movement of price can be towards the resistance of $30.25 .
Resistance: $30.25
Support: $26.50
LINK is showing strength - breakout from symmetrical triangleLINK has given a breakout from symmetrical triangle pattern in 1H timeframe for a target of 28.25 in the short term. Let's see how the view holds.
Disclaimer: - These views are for educational purpose only and not a recommendation.
LINK consolidating in symmetrical triangleChainlink is consolidating in a symmetrical triangle pattern and waiting for a breakout/breakdown. Let's see what happens.
institutional Buyers and Sellers, wolves in sheep's clothingHello from Argentina,
It said that institutional BTC purchases don't affect BTC price on the open market, I would imagine that this can only be done to a certain extent, there must be a point when institutional buyer will not be able to keep purchasing BTC without spiking open market BTC price; when do you guys think this will be???
On the other hand, let's imagine institutions star selling off their BTC at once, will it plunge BTC open market prices?? No one talks about these two things, nor about the real possibility of total crypto market manipulation, since there is no law against cartelling on crypto world, can anyone care to comment on these two subjects?
Thanks
link usdtlink usdt
we see that the price now is between the support and resistance level and there is no positive buy signals , so now we have to do nothing and wait to see tow positive signals to take a position in LINK coin
