SMC stand for Smart Money Concept trading and this kind of trading mainly rely on the market condition together with the activities of the institutional investors. The important aspects of the setup are break of structure (BOS), change of character (CHoCH) and important support/resistance levels. _{Picture from trading view}

Early January 2024: We had several points of BOS that points to a higher movement. This could be considered as a buy point especially round this period since the market is showcasing a very strong bullish signal.
Mid-March 2024: However, after a pullback, there is again a BOS that spells out the steps to be taken. This is an indication of further growth, thus it shall be another buy signal.
Late May 2024: The second noteworthy BOS is identified. The market retreats back to an important and demand area (in blue) which is a buying zone.
Early July 2024: This pattern of CHoCH and BOS is followed by the market respecting the demand zone, and then beginning to rise again. This could be another buy point.

Late February 2024: The market gets into a worthwhile supply zone (in red) and complies with reversal with CHoCH. To most people this probably qualifies to be looked at as a sell point.
Early April 2024: Another important CHoCH occurs later, after the “consolidation” pattern, proving a bearish signal, which means a sell signal.
Early June 2024: The market reaches another supply zone and got a BOS and a sell signal concerning the expected downward trend.
Mid-July 2024: When getting to the weak high (around 0. 1442), there is the beginning of CHoCH, indicating a sell point, based on expectation of market’s retracement from this upper level.

SMC (Smart Money Concept) Analysis for ChainLink/USDT

We then observe the buy and sell signal from the chart corresponding to the institutional trader by employing the SMC trading technique in the ChainLink/USDT market. The points that have to be taken into account are BOS, CHoCH and sites of supply and demand expression _{Picture from trading view}

Late November 2023: Therefore, from the chart, the BOS is well established with the pattern displaying an upward trend. The market situation which reflects the upper bound of a bearish market zone can be considered as a buy signal during this period.
Early February 2024: There is yet another BOS after consolidation phase marking the continuation of the upward movement, hence another buying signal.
Mid-April 2024: The market retreats to a strong demand zone (in blue), Another BOS completed. This is a buy indication since prices will tend to rise from this level in the market.
Late June 2024: After a CHoCH and BOS, the market honors the demand zone and starts to climb up. This period is another buy point.

Mid-January 2024: Market touches a supply area (marked with red line) and formed a CHoCH pattern which is a reversal signal. This means that the index has reached the level at which the stock is sold.
Early March 2024: The last occurrence of CHoCH occurs at the end of a consolidation phase and this is considered a bearish signal or a sell signal.
Late May 2024: The market reaches another supply zone and there is a BOS, which defines a sell point as the market is expected to go down.
Mid-July 2024: The market is at the weak high near 20. 00 and hence displays a CHoCH and a sell signal as it should retract from this level.