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Linkshortsetup

LINKBTC new shortPrevious short (related idea) i followed for 5 monthes and 8 days, We had reached the 0,000225 target today. But with the development of trend, I found that we have a potential downward wedge, in which wave E corresponds to the corrective wave 4 of the previous driving wave 3. I expect we will push the support around the end of july, but these patterns sometimes have a false break, so we may bottom a little earlier. Also i have alternative calculations marked by vertical lines - middle of October or middle of December.
Short
by salgssjef
LINK SHORT SIGNAL H4 Hello friends, In the Link cryptocurrency, we have drawn a resistance level represented by the red line, which has been penetrated by a spike candle. This allows us to consider a short position on this currency. I have identified two patterns for the continuation of Link's movement. The first one involves a pullback to higher areas, where liquidity exists. The second one occurs without a pullback, indicating a high selling pressure scenario. I suggest paying attention to the specified ranges based on your trading setup. My personal recommendation is to be patient until the trendline is touched. I would be happy to hear your opinions. Wishing you happiness, health, and success.
BINANCE:LINKUSD.PShort
by jawad369