LINKUSDT trade ideas
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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It's not financial advice.
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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
🔗📈 LINK Spot Trade Setup! 📈🔗📊 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.
📈 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.
💡 Note: Keep an eye on price action for confirmation of bounce and adjust strategy accordingly! Stay vigilant in monitoring market movements. 🚀📈 #LINK #SpotTrade 🛒💰