ProfTheTrader

Follow the price of LINK/USDT for the general Crypto overview

BINANCE:LINKUSDT   ChainLink / TetherUS
Link has had a proper Wyckoff Type 1 accumulation process for more than a year, as you can only see in books. And I made a pretty good spot investment, taking a risk when the price was at spring. You can also check them on my X account (@Dnaconcentrator). I sold all the links I held until the red box. Regardless of the Bitcoin price, you can determine the investment time in other cryptocurrencies just by looking at the link chart. Note that I say time, not investment area, because it is not known when the link price will come to the green round areas indicated on the chart, but if it comes, these areas can also be considered for purchase with DCA regardless of the price of other cryptocurrencies. Because the disruption of such a smooth accumulation process (ie a possible new low) will indicate a very large decline in all cryptocurrencies. Talking about this is out of place for now. Therefore, assuming that this accumulation is a successful accumulation, with the arrival of the Link price in the specified areas, DCA purchases can be made regardless of the price of other cryptocurrencies, including Link.
Comment:
This guide chart is still on its way. I do not update charts that have already provided a good provision for the mid/long-term perspective. However, in this event, I would like to express something, that may shape short-term provision; Link started a distribution phase when it arrived in the red boxes, and it is now clearly confirmed that it is the start of a mitigation of accumulation phase indicated in the chart. However, for now, we don't know if this distribution phase is prepared for a mitigation of the big accumulation (green zones) or if it is just about a reaccumulation.
The green zones are always valid for DCA buy.

I won't talk about the breakdown of the low of the big accumulation zone until it happens. (I hope it never happens).
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