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...
Due to the institutional experiments using Chain link there was a massive push however i feel the applications and experiments have gathered all the Link they need. Without those buyers I see Chain link falling faster than Eth due to the fact multiple layer 2 chains on top of eth, I expect Eth to hold its value better than LINK UNISWAP:LINKWETH_8FE2C8 At the...
Previous 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...
link wave b seems complete here. think this revisits the local low. mirror target of wave A. expecting it to also mirror the time frame.