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LINK.USDT (Y21.P1.E4).Wychoff re-accumulation structure

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BINANCE:LINKUSDT   ChainLink / TetherUS
Hi there traders,

I'm seeing many different variations to this structure lately and I feel I'm becoming familiar with these as time passes on.
Another strategy in my repertoire, and I'm working on it to have a list of items that gives ticks to the strategy. Eg, 13/50 ema cross over before a break of a trend line.
Note how the RSI supports this upwards move on the 1 hr with a hidden bullish divergence.


Here is ADA prior to its breakout and its similarities, ADA being more bullish.

I wont go into the details, just highlighting it fits one of the Wychoff reaccumulation strategies.


All the best,
S.SAri.




Looking at the daily,
LINK left, ADA right




Trade closed: target reached:
Comment:
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