📈Asset: ChainLink
Ticker Symbol: LINK
Execution Venue: Coinbase
This updated projection for ChainLink (LINK) follows a clear three - phase market structure: Accumulation, Advance, and Distribution, aligned with cyclical and structural analysis.
🔹 Stage 1: Accumulation Phase
Price is projected to form a foundational low at $17.273 (Wave A) before initiating a corrective wave structure toward $18.305 (Wave B) and then pulling back to $17.927 (Wave C)—completing the base of accumulation.
🔹 Stage 2: Advance Phase
Following accumulation, LINK is expected to climb toward $18.748 (Wave D), before a minor retracement to $17.279 (Wave E). This forms a bullish continuation pattern indicative of institutional positioning.
🔹 Stage 3: Distribution Phase
The final upward push is forecasted to reach $19.534, marking the Distribution Level and potential short-term top, aligning with previous market cycle behaviour.
🧠Key Distribution Levels:
• $18.305
• $18.748
• $19.534
Outlook: Bullish bias through accumulation and advance, with a distribution target near $19.534.
Ticker Symbol: LINK
Execution Venue: Coinbase
This updated projection for ChainLink (LINK) follows a clear three - phase market structure: Accumulation, Advance, and Distribution, aligned with cyclical and structural analysis.
🔹 Stage 1: Accumulation Phase
Price is projected to form a foundational low at $17.273 (Wave A) before initiating a corrective wave structure toward $18.305 (Wave B) and then pulling back to $17.927 (Wave C)—completing the base of accumulation.
🔹 Stage 2: Advance Phase
Following accumulation, LINK is expected to climb toward $18.748 (Wave D), before a minor retracement to $17.279 (Wave E). This forms a bullish continuation pattern indicative of institutional positioning.
🔹 Stage 3: Distribution Phase
The final upward push is forecasted to reach $19.534, marking the Distribution Level and potential short-term top, aligning with previous market cycle behaviour.
🧠Key Distribution Levels:
• $18.305
• $18.748
• $19.534
Outlook: Bullish bias through accumulation and advance, with a distribution target near $19.534.
Institutional Note:
For institutional review, independent verification, or strategic collaboration:
institutions@bmoses.com.au
For institutional review, independent verification, or strategic collaboration:
institutions@bmoses.com.au
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.
Institutional Note:
For institutional review, independent verification, or strategic collaboration:
institutions@bmoses.com.au
For institutional review, independent verification, or strategic collaboration:
institutions@bmoses.com.au
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.