Hi traders, here are my idea for LINKUSDT
I do believe the correction wave is not complete yet.
Wave C is moving in a falling wedge pattern, some traders may say ending diagonal
The best zone to add on position is the 2020 support zone , around 8.3 / 7.0
If this zone BO, dont panic, just monitor RBS zone around 5.0/4.5 area. This area also have a demand fresh zone
Price will likely go down to this zone, to collect order then it will pump out
Plus point, it will be nice to see a divergence on AO indicator.
Divergence means, AO will creating a Higher Low wave, while price keep creating Lower low, its indicate, early signal for trend reversal
What do you guys think??
Please comment below
I do believe the correction wave is not complete yet.
Wave C is moving in a falling wedge pattern, some traders may say ending diagonal
The best zone to add on position is the 2020 support zone , around 8.3 / 7.0
If this zone BO, dont panic, just monitor RBS zone around 5.0/4.5 area. This area also have a demand fresh zone
Price will likely go down to this zone, to collect order then it will pump out
Plus point, it will be nice to see a divergence on AO indicator.
Divergence means, AO will creating a Higher Low wave, while price keep creating Lower low, its indicate, early signal for trend reversal
What do you guys think??
Please comment below
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.
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.