$LINK Steady Grind Up, Next Opportunity Coming.
This Link chart is not something new from me, some time ago I showed you this accumulation range that lasted some 500 days.
Now Link has broken out of the accumulation phase and entered expansion.
What does this mean?
It means Link will sustain a steady grind up with tight, shorter consolidation ranges until the next macro correction like we just some last month or two. It will be difficult to get involved with any serious size, confidently.
My strategy?
Train1 has left the station from accumulation and train 2 has left from the most recent macro consolidation. Therefore I will wait until the next clear high to be printed and macro consolidation range to set it, it will be clear.
Green candles will turn into red candles. Range high and range low will appear.
Link is currently in the next 'lead up' phase in the green box in my opinion. Could slice straight up, could come straight back down, so why but in thin air?
You yourself know in your gut where a good entry is, trust your gut sometimes and be patient.
Vatsik
Now Link has broken out of the accumulation phase and entered expansion.
What does this mean?
It means Link will sustain a steady grind up with tight, shorter consolidation ranges until the next macro correction like we just some last month or two. It will be difficult to get involved with any serious size, confidently.
My strategy?
Train1 has left the station from accumulation and train 2 has left from the most recent macro consolidation. Therefore I will wait until the next clear high to be printed and macro consolidation range to set it, it will be clear.
Green candles will turn into red candles. Range high and range low will appear.
Link is currently in the next 'lead up' phase in the green box in my opinion. Could slice straight up, could come straight back down, so why but in thin air?
You yourself know in your gut where a good entry is, trust your gut sometimes and be patient.
Vatsik
Vatsik