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ChainLink / TetherUS
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Diupdate

LINK/USDT Weekly Analysis - Potential W3 target @ $34

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NOT FINANCIAL ADVICE

TL;DR Amazing weekly close last week, break above 200VWMA, potential W3 target @ $34

  • LINKUSDT just had an amazing week last week (+23%), with 50VWMA acting as support and a break above the 200VWMA.
  • If $12 was a local bottom, we could expect a W3 to the $34 area (1.618 fib of the last leg up). A HH above $23 would be a great confirmation.
  • Should Elliot Waves keep playing out, we could expect a W3 retracement to the $23 - $25 area, followed by a W5 to the $40 - $50 area. Take this with a grain of salt as it's still very early and we will need confirmations. 🧂
  • The Weekly RSI just got back above 50, leaving plenty of room for moves to the upside.
Catatan
Typo: "we could expect a W3 retracement" should have been "we could expect a W4 retracement".
AliferCrypto
Juga di:
chainlinkElliott WaveLINKMoving AveragesSupport and Resistancewaves

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chainlinkElliott WaveLINKMoving AveragesSupport and Resistancewaves
AliferCrypto
Juga di:

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.