LINKUSDT Short Term Update
Looks like we manage to hit 28 USDT for Link/USDT as per my previous publication. If the upward trend continues, our next target will be the 40USDT region.
Current short term update, Green line is higher than the White energy in all short term time frames - 90min, 3hr, 6hr and 12hr, which means that upward pressure is still present.
However, as the White energy is nearing the 50 level in the 6hr chart, I would expect a SMALL pullback sometime between today/tomorrow to the 26-27USDT region.
For those that have bought in early (below 20USDT), I would recommend to continue holding on to your LINK until next week (at least) as upward pressure is still present in the longer timeframes as per my previous publication.
By 12 Feb with a new 6D candle forming, we should be able to get a closer look as to how the price action will look like.
In the 6D timeframe, it is looking like upward pressure will continue until sometime between 12-18 Feb.
Credit:
My TA is based on WyckoffMode 's indicators and his method of analysis.
Current short term update, Green line is higher than the White energy in all short term time frames - 90min, 3hr, 6hr and 12hr, which means that upward pressure is still present.
However, as the White energy is nearing the 50 level in the 6hr chart, I would expect a SMALL pullback sometime between today/tomorrow to the 26-27USDT region.
For those that have bought in early (below 20USDT), I would recommend to continue holding on to your LINK until next week (at least) as upward pressure is still present in the longer timeframes as per my previous publication.
By 12 Feb with a new 6D candle forming, we should be able to get a closer look as to how the price action will look like.
In the 6D timeframe, it is looking like upward pressure will continue until sometime between 12-18 Feb.
Credit:
My TA is based on WyckoffMode 's indicators and his method of analysis.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.