39 Days of Consolidation in the first circle. We are now in the 38th day in our current consolidation. Maybe not likely, but certainly possible. 145% rise in prices after the first circle there. LINK
You're not comparing apples to apples here. These consolidations have very different contexts. Historically after LINK completes a macro double bottom and then climbs, crashes and consolidates - we've seen this thrice (end of 2018, early 2020, and now early 2021), we get a far more prolonged consolidation than the one you reference at the end of 2020. The first one was 133 days, the second 84 days (a 63% decline in time), and now if we extrapolate the time decline, we should consolidate over the course of an estimated 53 days. This time frame lines up with conclusions i've made from other frameworks and fractals from assets correlated to LINK. So in other words, be prepared for another 2 weeks of consolidation before LINK takes off - of course the trends can be bucked though. Cheers!