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1/ Something big is accumulating $LINK. This is how accumulation looks like.
Price starts at X.
Not enough volume for cA(Corp A) to accumulate so cA pumps the price to X+1.
cA buys up all the sellers at X+1. This process takes a few days to draw out all the sellers.
Cont..
Price starts at X.
Not enough volume for cA(Corp A) to accumulate so cA pumps the price to X+1.
cA buys up all the sellers at X+1. This process takes a few days to draw out all the sellers.
Cont..
2/ In this period of accumulation at X+1, the price won’t dip that much.
If it was normal circumstances it will retrace about 30-50% of the pump, but for cA to accumulate they will need to keep buying it up to prevent the sellers from selling it into new buyers hands.
Cont..
If it was normal circumstances it will retrace about 30-50% of the pump, but for cA to accumulate they will need to keep buying it up to prevent the sellers from selling it into new buyers hands.
Cont..
3/ Once the sellers have been exhausted at X+1, cA will need to pump the price to X+2 to get more sellers.
Same process of accumulation happens at X+2, therefore u won’t see much drop in price. Once again this takes a few days.
Cont..
Same process of accumulation happens at X+2, therefore u won’t see much drop in price. Once again this takes a few days.
Cont..
4/ It happens over and over again so that cA can accumulate as much token as possible from sellers at every level.
A patient accumulator could drag this process out over the period of months. Which I believe is what happened between $2-$4.
Cont..
A patient accumulator could drag this process out over the period of months. Which I believe is what happened between $2-$4.
Cont..
5/ It stayed in the $2-$4 range for about a year.
I believe the price was also suppressed by the team selling some tokens to expand and pay employees. This is expectable from a startup, funds are needed to expand.
We should be glad that they did it then and not now.
Cont...
I believe the price was also suppressed by the team selling some tokens to expand and pay employees. This is expectable from a startup, funds are needed to expand.
We should be glad that they did it then and not now.
Cont...
6/ So if you see the parabolic rise from $4 to $18, what do u think the corporation/institution behind this is doing?
They obviously know time is of the essence and can’t wait months to exhaust the sellers at each level.
Why is it of the essence? What’s coming up next?
Cont..
They obviously know time is of the essence and can’t wait months to exhaust the sellers at each level.
Why is it of the essence? What’s coming up next?
Cont..
7/ Insiders only know, but it’s definitely a sign that something big is happening.
Price action, TA, chart readings are methods to read human psychology & market sentiment through price movements.
Use it to your advantage to read into the minds behind the order books.
Cont.
Price action, TA, chart readings are methods to read human psychology & market sentiment through price movements.
Use it to your advantage to read into the minds behind the order books.
Cont.
8/
We know for certain Smart Con is coming EOM.
We know the price action is bullish AF, signs of very hasty accumulation.
What do you think is happening behind the scenes?
Everything will be #PoweredByChainlink.
Sell now and you WILL get rekt.
$LINK
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We know for certain Smart Con is coming EOM.
We know the price action is bullish AF, signs of very hasty accumulation.
What do you think is happening behind the scenes?
Everything will be #PoweredByChainlink.
Sell now and you WILL get rekt.
$LINK
