/biz/ - Business & Finance

Anonymous Mon Jun 1 02:58:42 2020 No.19450256 [View]
File: 135 KB, 965x2342, Screenshot_2020-06-01 Chainlink.png [View same] [iqdb] [saucenao] [google]

Since /biz/ is mainly Chainlink. I will give my theory about LINK.

Refer to picrelated.

A shows we had breakout 4.3,
B shows traders exhaustions at top price (> 4.4)
C shows where most trading goes to. Looks like absorbtion of buy orders to me..
D shows Control (Concentrated trading) is more then expensive price. Clearly a market maker is making his profit right now.
F show we are losing buyers near the Highs.

Do what you must with this info.

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