Technical analysis by accumulationdistribution about Symbol LINK: Buy recommendation (6/12/2024)
https://sahmeto.com/message/2699949

accumulationdistribution
Rank: 14578
Chainlink investment technicals
Buy
Price at Publish Time:
$15.21

The cycle low consolidation located atop the golden ratio of the primary cycle indicates a new cycle, after a similar pattern to last (2018-2019) The new cycle is on track with last (2019-2020) with a potential for breakout indicated by market structure..Bitcoin is coming to 60% of the market, meanwhile massive altcoins stay at relatively lower market capitalization relative to bitcoin. (keep in mind bitcoin is at ATH now and above important moving averages)
Source Message: TradingView