LINKUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
The impulse have been completed, im waiting for correction and continuation of growth.
Entry zone: 13 - 10$
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LINKUSDT.3S trade ideas
LINK still looks bullishFrom where we entered "start" on the chart, it seems that LINK has started a bullish diametric, which is now in the middle of the D wave.
The green area is a low-risk area for buy/long positions.
By hitting the green range, we expect wave E to start
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
๐๐ LINK Spot Trade Setup! ๐๐๐ Analysis:
Support Area: LINK is currently at a support level, potentially indicating a rebound.
Oversold Conditions: Medium timeframes show oversold signals, suggesting a potential reversal.
Upside Potential: Targets set at resistance levels.
๐ Trade Plan:
Entry: Consider laddering into a long spot trade in the $17.30 - $18.00 support area.
Take Profit: Target profits at $20.00 - $21.00 or higher towards $22.00 - $23.00.
Stop Loss: Set stop loss just below $17.00 to manage risk.
๐ก Note: Keep an eye on price action for confirmation of bounce and adjust strategy accordingly! Stay vigilant in monitoring market movements. ๐๐ #LINK #SpotTrade ๐๐ฐ
LINKUSDT.PHello Trader BINANCE:LINKUSDT.P
the link market is experiencing a consolidation area, but looking at the small time frame 30 minute to 2 hour area there is a critical area that could be a potential area to take short positions.
-the upper green dot is a small supply area
-the lower green dot is daily support
take profit 15%
stop loss 3.5%
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Disclamer: Not Financial Advice