Honestly, this is a very difficult chart to apply technical analysis on. We can see that none of the tops align, none of the bottoms align. It doesn't matter where you look, there is almost no possibility to draw horizontal areas.
Most often when this happens, the price is moving in a trendy way. There is an inherent continuous down- or upforce that moves the price in a direction. The only moves that move away from that direction are the shorter moves. No complete retracements can be found.
We unfortunately see that LINKUSD is in a downtrend right now. The tops keep consistently dropping. There is a small upwards pressure at the moment forming a symmetrical triangle. However, I just see this as a great opportunity to enter a short still on a relatively high position.
We need to admit LINK is moving to lower areas, I suggest to open a short position and try to trade it at least until the most recent bottom.
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-------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
Reading one of your ideas for the first time, it makes me wonder how you were able to get TOP tag. You are completely clueless, it's really difficult to read such philistine drivel. I am sorry, but this is not high quality comprehensive approach.
"hurr durr me feels it be going down cuz yes"
pvqcontact
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@204f527996864c37bf99691291ae25, Anything may happens. I even feel worried that when bitcoin drops it will drags down all alcoins with it. In the long term, there is no doubt that Link and most other coins will increase, but in the next few weeks anything may happens.
Trading-Guru
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I would also like to remind you that I make all of this available completely for free. If you like my work, you can help me out greatly by giving me a thumbs up on this idea
DukeDinhd6
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and rekt!
serkankemer06
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you are a lier
b82161
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Boycott this fuddster. He's working for zeus capital a scam site
kavinluis
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interesting set up
handymann
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LINK will recover, but more of a turd these days.
b82161
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Aw throw your crap against the wall to see if will stick. Nice maybe , maybe not analyzing
Trading-Guru
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@b82161, A bit harsh maybe? Does this mean you thought a long position would have been the better decision?
"hurr durr me feels it be going down cuz yes"