It seems that we have formed a distribution topping fractal here in Chainlink , the fractal of doom is back!
Where did i get this fractal from? well its from the 2018 Bitcoin bear market.
This fractal from 2018 all of sudden formed at Bitcoin all time high in 2021.
And now its back! it seemed to have formed here on Chainlink!
Looks very similar! , that higher high to bait everyone in before it rolls over!
My view on why the top is in below.
When I first discovered it January 2022
Where did i get this fractal from? well its from the 2018 Bitcoin bear market.
This fractal from 2018 all of sudden formed at Bitcoin all time high in 2021.
And now its back! it seemed to have formed here on Chainlink!
Looks very similar! , that higher high to bait everyone in before it rolls over!
My view on why the top is in below.
When I first discovered it January 2022
Note
Most think chainlink its just consolidating , I think the top is in .
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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.