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LINKUSDT Perpetual Contract
Short

LINKUSDT PULLBACK TO NECKLINE

By firmestudio
Updated
The price action presents a Butterfly Harmonic in process, in pullback to neckline of the Head and Shoulders formation. This micro consolidation seems to be forming a descending broadening wedge before the potential swing downward to complete the 2nd phase of the CB leg down. 14.6% of Fibonacci retracement target.
Note
Pullback to Head and Shoulders' neckline accomplished. snapshot
Note
snapshot
146butterflybullButterflybutterfyDescending Broadening WedgeFibonacci RetracementgartleypaternHead and ShouldersheadandshouldersformationnecklinebreaknecklinetraderWedge
firmestudio
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