LINK/USDT is in a very interesting spot
Updated
LINK/USDT is in a pretty interesting spot right now!
If we use The Elliot wave principle we can understand that the price is in the middle of it's 5th impulse wave so It is expected that the price would increase as high as the 3rd impulse wave!
Another thing that makes this signal stronger is that there is a Pennant and a flag pattern as well so the creation of another flag pattern might happen
Note: there is also a regular bearish divergence as well(-RD) which Means the price must decrease so Link's price might fall a little bit and than completes the 5th impulse wave!
Note
My previous AnalysisLINK/USDT It has good growth potential!!
Trade closed: target reached
📥┃Telegram:
t.me/CobraVanguard
📥┃Premium trading experience with COINCALL
coincall.com/r/47022631
📥┃Join the platform where I trade and receive up to a $500 welcome reward! coinex.com/register?refer_code=n8fmk
t.me/CobraVanguard
📥┃Premium trading experience with COINCALL
coincall.com/r/47022631
📥┃Join the platform where I trade and receive up to a $500 welcome reward! coinex.com/register?refer_code=n8fmk
Related publications
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.