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lecturademercado
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The Big Macro Accumulation: Structural Technical Analysis of the Weekly ChartTo grasp the real capital movements in the crypto market, it's a must to raise your gaze and step back from those minute charts. When analyzing Chainlink's ($LINK ) historical behavior on a weekly timeframe, a super clean and solid macro accumulation structure is revealed.
While the average trader gets spooked by small daily price fluctuations, the big players leverage those periods of sideways action to build their positions for the medium and long term without making a fuss.
The Big Macro Accumulation: Structural Technical Analysis of the Weekly Chart
To grasp the real capital movements in the crypto market, it's a must to raise your gaze and step back from those minute charts. When analyzing Chainlink's ($LINK ) historical behavior on a weekly timeframe, a super clean and solid macro accumulation structure is revealed.
While the average trader gets spooked by small daily price fluctuations, the big players leverage those periods of sideways action to build their positions for the medium and long term without making a fuss.
While the average trader gets spooked by small daily price fluctuations, the big players leverage those periods of sideways action to build their positions for the medium and long term without making a fuss.
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Bullish
$PEPE a 1 week, I would watch it in a simple plan… as long as it continues marking higher lows/highs and manages to break a resistance zone with a clear close, it seems that it can keep pushing up (ideally securing with partials). If instead you see many wicks and the price does not advance, it is probably ranging and the best thing is patience. And if it loses the last important low and the bounces look weak, be careful because it may touch correction 😝 #LecturaDeMercado
$PEPE a 1 week, I would watch it in a simple plan… as long as it continues marking higher lows/highs and manages to break a resistance zone with a clear close, it seems that it can keep pushing up (ideally securing with partials). If instead you see many wicks and the price does not advance, it is probably ranging and the best thing is patience. And if it loses the last important low and the bounces look weak, be careful because it may touch correction 😝 #LecturaDeMercado
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