Shotokhan

wyckoff accumulation on LINK

Shotokhan Updated   
BINANCE:LINKUSDT   ChainLink / TetherUS
LINK has brokedown a very long range (over a year) so if the bleeding stops here (but honestly I think it'll continue) a wyckoff accumulation is likely to happen. Off course this is a possibility in case my previous idea on TOTAL3 (check it among my ideas) is wrong.

I think that for the long run this dump is an opportunity to buy but just because it's very hard to recognize the bottom of the market when it happens.

Please notice I have not LINK in my wallet, at least so far!

Good luck
Comment:
I'm not sure if this dump was enough to bring LINK over the channel upper resistance but this might be the "spring I told you about"
Comment:
I think the "spring" should have been deeper and in any case we need to retest the support to confirm this is going to happen

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