LINK shows a very clear Wyckoff Method Cycle from the macro timeframe:
This is typically what a Wyckoff Method cycle looks like from a macro perspective:
When we look at Chainlink from the macro and compare it to the previous cycle, it seems likely that LINK goes up in "impulse waves". We now have Wave 3 to look forward to, which may likely play out over a few months - as did the previous cycle.
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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.