AlanSantana

✴️ ChainLink Does 333% In 3 Steps... Altcoins Cycle Explained!

Long
AlanSantana Updated   
BINANCE:LINKUSDT   ChainLink / TetherUS
#1 | The first step is the correction that comes after bullish cycle/wave/All-Time High.
#2 | The second step is the consolidation phase. Can be sideways, can be a zig-zag/mixed, can be down or up... Still accumulation/consolidation.
#3 | The third step is the recovery that is already starting to take place.

ChainLink #1,#2,#3 will lead to 300%+.

I would normally put the stop-loss, support levels and such in the chart but seeing Bitcoin, Cardano, Ethereum Classic, Litecoin and the rest already full time green, we know that ChainLink is a monster and won't be left behind.

We see its future as also going green.

Once the bigger altcoins are done, it will be the turn of the smaller ones.

  • First a few "random" ones start moving, it varies in every cycle.
  • Then it goes with the biggest players, the king Bitcoin and the top Altcoins.
  • Then the mid-sized ones...
  • And finally the smaller ones.

Some altcoins have cycles that last 4 years instead of two, be aware...
You can be holding some of those and they can fail to take off until several years later.

It is good to go with what is working, what is hot, what has been shown to be reputable, with a good team behind it, real projects, etc.

But then again, we trade based on the charts.

This chart says UP!

Namaste.
Comment:
We have a 38% wave from shared to peak price with more incoming...

Patience is key.

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