LINK Shark Illustration on D1 Chart - Warning Signal from Whales

LowCapGemHunter · 2026-02-13T00:01:25+00:00

Recent data shows that whales are accumulating LINK around the $12 mark, particularly under $14, taking advantage of market panic. However, caution is advised as bearish signals emerge, with critical support levels breached and potential further declines. Investors should wait for clear trend confirmations before making decisions.

LowCapGemHunter

2026-02-13 00:01:25

Abstract generation in progress

Recent data shows that whales are lurking around the below $14 price level, especially accumulating when LINK returns to the $12 mark. However, this shark pattern appearing on the chart does not necessarily indicate a long-term positive signal. In fact, these whales are exploiting market panic to pick up coins from impatient investors.

Current LINK Data:

Price: $8.41
24-hour Change: +0.88%

Whales Accumulating LINK Near the $12 Zone

Whales are waiting at low price levels, carefully monitoring market movements. When LINK’s price reaches the $12-14 range, they continuously accumulate positions. This indicates they still have long-term confidence but does not confirm an upcoming trend reversal.

Analysis of the Shark Pattern on the H4 Chart

On the 4-hour timeframe, the shark pattern has begun to form clearly. LINK has broken through two important Fibonacci support levels:

Fib 50% at $13 – breached
Fib 61.8% at $12.50 – fully broken

Losing these support levels signals that the Bull side is weakening. The RSI is currently at 36, close to oversold territory but without a strong rebound. This is the most notable point – a sluggish RSI without a bounce is a dangerous sign.

Reversal Signal on the D1 Chart

On the daily timeframe (D1), the shark pattern has developed into a clear Head and Shoulders formation – one of the most powerful bearish reversal patterns:

Neckline at $10.06 – a critical level
If LINK breaks below $10.06, selling pressure will intensify
The downward target could reach around $4.91

RSI and Support Levels – Decisive Points

The key to determining the next trend is whether LINK can recover the $14 level. If LINK decisively rebounds above $14, bulls still have a chance. Conversely, bears will continue to dominate the market.

Currently, at $8.41, LINK has moved significantly away from these levels, further confirming the strength of selling pressure.

Strategy – Wait or Catch the Bottom?

The question is whether to join whales in catching the bottom or wait for a clear trend confirmation. Based on the current shark pattern, waiting for confirmation at key levels ($10.06 or $14) is safer than rushing to buy the dip.

This article is for informational and technical analysis purposes only and does not constitute investment advice. Please conduct thorough research and assess your personal risk before making trading decisions.

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