Rectangle
LINK Price Climbs 4% as Whales Scoop Up $2.17M Worth of ChainlinChainlink (LINK) extended its weekly recovery on Wednesday, climbing more than 4% as investors returned to large-cap altcoins amid a broader crypto market rally. While Bitcoin and Ethereum provided the macro tailwind, LINKโs move appears to be backed by something stronger than market optimism. Fresh on-chain data shows record wallet growth, aggressive whale accumulation, and continued exchange outflowsโthree signals that often precede sustained upside when they align with improving technical structure.
Whale Buys $2.17 Million Worth of LINK
One of the biggest catalysts behind todayโs price rally came from on-chain tracking platforms, which revealed that an anonymous whale accumulated approximately 273,793 LINK tokens, worth nearly $2.17 million, over the past two days at an average purchase price of around $7.94. The latest purchase reportedly occurred just minutes before the data surfaced, highlighting continued accumulation rather than a one-off transaction.
On-chain flows further strengthen the bullish narrative. LINK recorded more than $6.6 million in net exchange outflows over the last 24 hours and nearly $50 million during the past week, suggesting investors are steadily moving tokens off centralized exchanges into self-custody. Historically, declining exchange balances are viewed as a sign of reduced near-term selling pressure.
Chainlink Adoption Hits an All-Time High
Beyond whale activity, Chainlinkโs network fundamentals continue to strengthen despite months of muted price action. According to on-chain data, the number of non-empty LINK wallets has surpassed 900,000 for the first time, setting a new all-time high. More than 20,000 new wallets have been added over the past month even as LINK traded near local lows.
The divergence between rising adoption and relatively subdued price performance suggests long-term investors have continued accumulating throughout the correction. Market analysts often view this type of accumulation phase as a constructive setup, particularly when network growth accelerates before price fully responds.
LINK Price Analysis: Can Bulls Push Toward $10?
LINK has staged a notable recovery after defending its long-term demand zone around $7.20-$7.40. The token has now reclaimed its short-term moving averages while breaking above a descending trendline that had capped price action since late May. Daily RSI has also climbed above 60, indicating strengthening bullish momentum without yet reaching overbought territory.
LINK price outlook
The next immediate resistance sits near $8.80-$9.00, where sellers previously rejected multiple recovery attempts. A decisive daily close above this region could accelerate buying momentum toward the psychological $10 level, followed by a stronger supply zone around $11.50-$12.00. However, failure to sustain above $8.20 may trigger a healthy retest of the breakout area before bulls attempt another move higher.
Whatโs Next for Chainlink?
Chainlink is increasingly showing signs that fundamentals are catching up with price action. Record wallet growth, multi-million-dollar whale purchases, and persistent exchange outflows suggest long-term conviction remains intact despite recent volatility. If broader crypto market sentiment stays supportive and LINK successfully clears the $9 resistance zone, the combination of improving technicals and strengthening on-chain metrics could pave the way for a larger recovery toward double-digit prices in the coming weeks.
Expert Warns Pi Could Lose Top-100 Status Below $0.01Crypto expert Dr Altcoin has alleged that Pi Network is facing a supply crisis tied to a wave of token unlocks scheduled for the second half of 2026.
According to the post, pioneers who locked their Pi for three years are now seeing large amounts of that supply released. Roughly 775.8 million Pi tokens are set to unlock between now and December 2026. That works out to an average of 129.3 million Pi tokens unlocked each month now. Dr Altcoin argued that a significant portion of this unlocked supply is likely to reach exchanges, adding further selling pressure to the market.
Calls for the Pi Core Team to respond
The post argued that no single announcement, ecosystem update, or exchange listing would be enough to stabilize price without the Pi Core Team directly addressing supply, demand, and liquidity concerns. It called for the team to publicly acknowledge the situation and discuss potential solutions with the community, framing continued silence as a failure of leadership.
Proposed steps, according to the post
Dr Altcoin outlined several measures that could be considered if the Core Team continues its current communication approach:
Burning a substantial portion of remaining supply, potentially as much as 50%, drawing a comparison to Stellarโs historical token burn.
Allowing major exchanges, including Binance and Coinbase, to list Pi.
Introducing a transparent and verifiable buyback-and-burn mechanism.
Price risk raised in the post
The post also warned that if Pi falls below $0.01, it could lose its position among the top 100 cryptocurrencies by market cap, and that a sustained price decline could pressure the project financially, potentially forcing spending cuts or restructuring.
Community reaction
Replies to the post were mixed. Some users voiced support for the criticism, while others questioned Dr Altcoinโs own past promotional activity around Pi. Several replies echoed concerns about token distribution, with some users arguing that a small number of wallets, including the Core Teamโs own holdings, control a disproportionate share of total supply.
The Pi Core Team has not publicly responded to these specific allegations as of now. These claims reflect one crypto expertโs analysis and have not been independently verified.
Filatex India โ Monthly Breakout SetupSetup: Monthly chart showing long consolidation between โน30โโน70, now projecting upward momentum.
Current Price Action: Breakout zone forming above โน70.
Target Projection: โน160 (โ127.91% potential gain).
Trend Context:
Consolidation base built over multiple years.
Volume activity suggests accumulation.
Breakout projection box highlights upside potential.
Why Traders Care:
Long consolidations often precede strong directional moves.
Monthly timeframe adds conviction to the breakout.
Clear risk/reward defined with consolidation base as support.
My Take: Filatex India is breaking out of a multiโyear range โ sustaining above โน70 could open the path toward โน160.
Community call: Will Filatex India deliver the full breakout or slip back into consolidation? Share your view.
AUDJPY - 2 ScenariosHello Traders,
AUDJPY has formed a rectangle pattern, signaling a potential breakout. Here are the two key scenarios to watch:
๐ข Bullish Scenario
If price breaks and closes above the resistance zone at 112.684 โ 112.810, it would confirm a bullish breakout.
๐ฏ Target: 113.330
๐ด Bearish Scenario
If price breaks and closes below the support zone at 112.181 โ 112.302, it would confirm a bearish breakout.
๐ฏ Target: 111.540
โ ๏ธ Wait for a confirmed candle close before entering a trade, and always manage your risk accordingly.
$KMB - Darvas Box Consolidation & 50 SMA Breakout on High Volume๐ก Swing setup idea
Bullish breakout
๐ Analysis summary:
The stock is consolidating and forming a Darvas box pattern. It successfully crossed the 50 SMA with high volume, showing strong relative strength while the broader market is trending down.
๐ Friendly reminder: The S&P 500 is currently trending down, so please keep the broader market weakness in mind before entering any new trades.
๐ Levels to watch:
Entry trigger: Break above $100.82
Target: $109.44
Stop: Break back into the box
๐ฌ What do you think of this setup? Let me know in the comments! ๐
Good luck!
โ ๏ธ Note: This is for educational purposes only and is not financial advice.
NZDCHF: Overbought Market & Pullback ๐ณ๐ฟ๐จ๐ญ
NZDCHF looks overbought after the news today.
The price reached a major horizontal key level and started a consolidation on that.
A bearish breakout of its lower boundary after CPI release is a strong signal.
The price will likely reach 0.469 level.
โค๏ธPlease, support my work with like, thank you!โค๏ธ
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
XAUNOW : GOLD Fell +1200 Pips , More Fall Ahead ?Following the previous analysis, price did exactly what we were looking for and dropped from the 4115 area all the way to 3986 with over 1200 pips of movement. When it reached the demand zone we had marked on the chart, it gave a positive reaction and has now moved slightly higher to the 4000 area.
Previous Analysis :
The big question right now is whether price can stabilize and hold this level. In the short term, a bounce toward 4445 looks possible. But if that move happens, it may only be temporary before another heavy drop with the next downside targets at 3975, 4965, 3955 and 3945.
Make sure to follow this analysis closely because Iโll be posting fresh Gold updates here every single day. Letโs track it step by step.
1H trendline break + SUPPLY + Double Topslook at the trendline break for basic order flow. use the supply zone as an anchor to the bearish order flow. use the double tops once they're in to confirm your entry. target an opposing zone with the opposite order flow. this is all the 1-hour timeframe and I'm on a paper account but this is my idea for swing trades utilizing some great frameworks.
Gold and these two positionsHi!
These two positions could happen:
๐ข Long Setup 1 (riskier)
Entry: 4,044โ4,050 (Demand Zone)
Target: 4,119
Idea: Buy the reaction from demand for a move back to the first resistance.
๐ข Long Setup 2 (Swing)
Entry: Same demand zone
Target: 4,218 (Major Resistance)
Idea: Hold the position for an extended rally if price breaks above the descending trendline.
Key Outlook: The 4,044โ4,050 demand zone is the key support. As long as it holds, the bullish bias remains intact, with the first target at 4,119 and the extended target at 4,218. A break above the descending trendline would further strengthen the bullish outlook.
Iโm excited to announce that Iโm now a Brand Ambassador for AvaTrade!
XAU/USD at a Key Decision PointHi!
Gold is testing a major confluence zone where the descending trendline meets horizontal resistance around 4,149. This area will likely determine the next significant move.
If buyers manage to break and hold above 4,149, it would confirm a trendline breakout and open the door for a move toward the 4,493 resistance.
However, if the price gets rejected from this level, a pullback into the 4,100 support zone becomes the more likely scenario. Losing that support could send gold back toward 4,020, with further downside possible if bearish momentum increases.
Key Levels:
Bullish Trigger: Above 4,149
Upside Target: 4,493
Support: 4,100
Iโm excited to announce that Iโm now a Brand Ambassador for AvaTrade!
GBPNZD Long Opportunity in Bullish Continuation PatternPair shortlisted from myfxbook.com
93% short sentiment indicating long opportunity
Bullish rectangle continuation pattern
Previous bear divergence not respected, new HH printed
RSI now sync with CMP
Entry on beakout of last candle high
SL at rectangle bottom
TP at RR1
GBPCHF: Bullish Trend Continuation ๐ฌ๐ง๐จ๐ญ
GBPCHF will likely continue rising as it has completed an accumulation
within a horizontal range, breaking and closing above its resistance on a 4H.
Goal - 1.076
โค๏ธPlease, support my work with like, thank you!โค๏ธ
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
MESU July 2: 7500 test in play, 7600 flips bullMESU analysis for Thursday, July 2
Today is the last trading day of the week, so Iโm paying extra attention to how price reacts at the key levels.
On the 4H chart, Iโm still respecting the trendline and resistance overhead. The major higher-time-frame confirmation level for bulls remains 7600. If we get a 4H close above 7600, then I think the tone may need to shift from bearish to bullish.
For now, I still think there is a good chance price may come back down and test the liquidity around 7500. If we get a 4H close below 7500, then Iโll be watching for continuation lower toward 7462.
On the 1H chart, the market is still trading inside a choppy range between 7579 on the upside and 7500 on the downside. For today, I still lean a bit bearish and expect 7500 to be tested.
On the 15M chart, the key short-term reclaim level is 7561. If we get a 15M close above 7561, then the short-term tone improves, but I still want higher-time-frame confirmation before turning aggressively bullish.
Key levels
7500 = key downside liquidity / test level
7462 = next downside target
7561 = short-term reclaim level
7579 = top of the choppy intraday range
7600 = higher-time-frame bull confirmation
Plan for today
Respect the choppy structure and overhead resistance
Watch 7500 closely on the downside
If price loses 7500, watch 7462 next
If bulls reclaim 7561, short-term tone improves
If we get a 4H close above 7600, reassess from bear to bull
Not financial advice. No confirmation, no trade. CME_MINI:MESU2026
CADCHF: Another Bearish Move Ahead ๐จ๐ฆ๐จ๐ญ
CADCHF completed a consolidation, breaking a horizontal support
of a horizontal range on a daily time frame.
With a high probability, the price will drop lower after a pullback.
Goal - 0.5674
โค๏ธPlease, support my work with like, thank you!โค๏ธ
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
A Classic Liquidity Sweep at 60KHi everyone๐ด
Just a quick update today โ everything you need is already on the chart.
Since Thursday, the battle for the 60,000 level has continued. At the opening of the U.S. session today, Bitcoin printed a classic liquidity sweep on the 4H timeframe, taking out stops at both ends of the range (just the way we like it ๐คฌ) before returning once again to the 60,000 area.
The next scenario is straightforward:
๐ A breakout above 60,000 followed by acceptance opens the door to 62,500.
๐ A rejection from 60,000 increases the probability of a move down to 58,000.
As a reminder: "58,000 - the 0.618 Fibonacci retracement level.
This is the 0.618 Fibonacci retracement of the entire bull market that started around 16,000 in 2023 and peaked at 126,296 in 2026.
The 0.618 retracement is one of the strongest Fibonacci levels.
Historically, Bitcoin has reversed from this area many times."
This is why the bulls simply cannot afford to lose this level.
Peace๐
DOCO - 11 months RECTANGLEโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
๐คLetโs learn and grow together ๐ค
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Hello Traders โ
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
๐๐๐ ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โ DISCLAIMER โ
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
PGEN - 10 months RECTANGLEโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
๐คLetโs learn and grow together ๐ค
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Hello Traders โ
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
๐๐๐ ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โ DISCLAIMER โ
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
BYD - 1 year RECTANGLEโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
๐คLetโs learn and grow together ๐ค
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Hello Traders โ
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
๐๐๐ ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โ DISCLAIMER โ
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
CBK - 11 months RECTANGLEโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
๐คLetโs learn and grow together ๐ค
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Hello Traders โ
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
๐๐๐ ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
โ DISCLAIMER โ
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.






















