Don’t be a pleb. Buy $LINK. We are early, everything will be #PoweredByChainlink. Google, Oracle, BSN, Swift. Welcome to the singularity. 😎🚀
Aug 14, 2020 • 8 tweets • 2 min read
1/ Something big is accumulating $LINK. This is how accumulation looks like.
Price starts at X.
Not enough volume for cA(Corp A) to accumulate so cA pumps the price to X+1.
cA buys up all the sellers at X+1. This process takes a few days to draw out all the sellers.
Cont..
2/ In this period of accumulation at X+1, the price won’t dip that much.
If it was normal circumstances it will retrace about 30-50% of the pump, but for cA to accumulate they will need to keep buying it up to prevent the sellers from selling it into new buyers hands.