LINK is correcting the impulsive wave which began last September, and this correction could be in its final stages.
Blue 5 / Black C is beginning to show divergence, which is a bullish indicator. But remember you don't trade divergence by itself. There is still no higher high and price has to face 2 hurdles:
Green descending trendline
Strong gray resistance just below $20
I'll be keeping an eye for reversal patterns.
Blue 5 / Black C is beginning to show divergence, which is a bullish indicator. But remember you don't trade divergence by itself. There is still no higher high and price has to face 2 hurdles:
Green descending trendline
Strong gray resistance just below $20
I'll be keeping an eye for reversal patterns.
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📈 Experienced Crypto trader
👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
linktr.ee/stoic.trader
👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
linktr.ee/stoic.trader
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.