Knowing Every Step Of Bitcoin Analyst: This Altcoin Traded Big!
Master trader Peter Brandt, chainlink ‘s stating that triggered the move against Bitcoin was to evaluate the enormous price as a graphic artist Bob Loukas estimates. Peter Brandt stated that the cryptocurrency that is flying high is in the middle of a “beautiful” rising triangle and the chart is doing exactly what it should do. Peter Brandt adds:
LINK HAS DONE A GREAT DEAL OF TRADING… IT’S FUN WHEN A GRAPHIC DOES WHAT IT SHOULD DO. THIS WAS A BEAUTIFUL RISING TRIANGLE. WELL DONE, LIKE A PRO.
As previously reported by, Chainlink recently reached an all-time high of $ 8.50 in 13 weeks. This was accompanied by a large break on the LINK / BTC parity side. In the end, the main resistance level of 0.00055000 BTC, which has been difficult to break for more than half a year, has been exceeded.
Peter Brandt: There’s “nothing big” at LINK!
On July 14, Chainlink outperformed Ethereum (ETH), the largest altcoin with its market value in terms of daily trading volume. According to OnChainFX data, over $ 473 million worth of LINK tokens have changed hands in the past 24 hours. Peter Brandt’s recent comment on LINK was that he said there was “nothing big” in the cryptocurrency that had recorded new peaks. The legendary trader claims that altcoin was bought by those who were disappointed by XRP.
Whether recent positive news surrounding Chainlink has led Peter Brandt to think positively about crypto money is uncertain. The popular cryptocurrency Chainlink is trading at $ 8, up 10 percent at the time of writing. The strong altcoin currently has a market value of $ 2.8 billion. Chainlink manages a last 24-hour transaction volume of $ 1.2 billion at the time of writing.