Hello, Skyrexians!
During this bull run the best performance has been showed by the old high cap coins,
LINKUSDT is not an exception. It had a textbook accumulation and then growth for 5x+ from the bottom. Is it enough or the main gains ahead.
Let's take a look at the weekly time frame. The first wave from the bull run start we can count as a wave 1. Then retracement has happened in the wave 2 and currently asset is forming wave 3. Looks like now price is finishing the wave 2 inside the larger wave 3. It would be better to see the green dot on the Bullish/Bearish Reversal Bar Indicator [Skyrexio] like we have seen previously, but the zone is already great to buy this asset. Target is located between 1 and 1.61 Fibonacci extensions which corresponds the price range between $40 and $50.
Best regards,
Skyrexio Team
___________________________________________________________
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During this bull run the best performance has been showed by the old high cap coins,
LINKUSDT is not an exception. It had a textbook accumulation and then growth for 5x+ from the bottom. Is it enough or the main gains ahead.Let's take a look at the weekly time frame. The first wave from the bull run start we can count as a wave 1. Then retracement has happened in the wave 2 and currently asset is forming wave 3. Looks like now price is finishing the wave 2 inside the larger wave 3. It would be better to see the green dot on the Bullish/Bearish Reversal Bar Indicator [Skyrexio] like we have seen previously, but the zone is already great to buy this asset. Target is located between 1 and 1.61 Fibonacci extensions which corresponds the price range between $40 and $50.
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
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Disclaimer
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Access private PineScript strategies and turn alerts into orders with easy-to-set up bots
Trade smarter with:
skyrexio.com
Trade smarter with:
skyrexio.com
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.