Time to take a step back and look at the bigger picture.
My current assessment: LINK is probably still in the middle of a B-wave correction – the yellow variant that many overlook.
What is currently taking shape? This B-wave could develop into a triangle formation. Exactly the pattern outlined in the yellow scenario.
The classic 1-2 setup? Not in sight yet.
For everyone who has LINK in their portfolio: This correction phase could take longer than expected. Triangle formations take time – but they also provide clear signals when they resolve.
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MoodFollowsPrice
· 53m ago
Wait, can a triangle consolidation that's lasted this long really give any signals? Or are we going to have to wait another six months?
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MEVHunter
· 12-02 05:51
nah the yellow scenario is where the real alpha hides tbh... most degens don't even recognize triangles until it's too late
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WagmiAnon
· 12-02 05:42
The yellow line scenario really feels a bit heartbreaking... it's hard to say how long the triangle consolidation will last, anyway LINK has to accompany us through it.
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GasFeeNightmare
· 12-02 05:34
dreieck dreieck dreieck... it's this trap again, when can we see a real breakthrough, it feels like link has been dawdling here for long enough.
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Anon32942
· 12-02 05:33
The triangle is here again, every time they talk about the triangle, is it true this time?
$LINK
Time to take a step back and look at the bigger picture.
My current assessment: LINK is probably still in the middle of a B-wave correction – the yellow variant that many overlook.
What is currently taking shape? This B-wave could develop into a triangle formation. Exactly the pattern outlined in the yellow scenario.
The classic 1-2 setup? Not in sight yet.
For everyone who has LINK in their portfolio: This correction phase could take longer than expected. Triangle formations take time – but they also provide clear signals when they resolve.