What a Ride this was!
First lets look at some fundamentals that require us to assume a few things, before making trading decisions from here.
Lets look at what is happening in August:
Lets see what should guide us into the future of $50
1: Bull is still very much intact, something i will cover in September report.
2: Stay and trade within macro trend line.
3: Understand that: Bull markets have corrections. Bear markets have rallies.
Next, understanding - that in reality things don't go your way, so it pays to know what would happen if price decline and how to effectively trade in the near future. This way you can still remain bullish and make gains if need be.
I am not giving up on LINK just yet.
I am sure it will surprise me - event again.
I am going to fight for that $50 day, but first we must break $20.
Also, Head and Shoulders failed to create a deeper lag down. So Lower Highs are still in affect.
Descending channel is expected after a rally and often most channels are broken bullish as long price is in the bullish macro trend, and we still are.
Previous fractal from $7 is still very possible so that would still be possible to have an entry on a new channel breakout.
We need to stay afloat above $14.30 to remain bullish.
__FRACTAL_DATES__
AUG: 24, 26, 27 double, 29, 31 double. Sep: 3, 7, 8, 11,26 FEB: 14
__REVIEW__
------------------------------------------------------------
Nailed!
Ahh, i love it when it works out so flawlessly.
If you look closely to the ETH pattern, it ended with one final big wave up, followed by sell off, and now we got a final run before the real bear market to hit LINK. So i am expecting it to be $50. Crazy right, but i bet that is how ETH felt or crazier when these prices were materializing even though ETH was just 7$ a few months ago, and then reaching 300$ must have been just unbelievable.
------------------------------------------------------------
**LEGENDS**
BLUE = Bear/Resistance || Yellow = Bull/ Support
Lines: Fractal dates are moments of interest, where price and time collide to create oscillation.
the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
Feel free to request: your coin to be analyzed! Please keep those Stop losses in place or mind!
Thank you,
_Ajion
First lets look at some fundamentals that require us to assume a few things, before making trading decisions from here.
Lets look at what is happening in August:
Lets see what should guide us into the future of $50
1: Bull is still very much intact, something i will cover in September report.
2: Stay and trade within macro trend line.
3: Understand that: Bull markets have corrections. Bear markets have rallies.
Next, understanding - that in reality things don't go your way, so it pays to know what would happen if price decline and how to effectively trade in the near future. This way you can still remain bullish and make gains if need be.
I am not giving up on LINK just yet.
I am sure it will surprise me - event again.
I am going to fight for that $50 day, but first we must break $20.
Also, Head and Shoulders failed to create a deeper lag down. So Lower Highs are still in affect.
Descending channel is expected after a rally and often most channels are broken bullish as long price is in the bullish macro trend, and we still are.
Previous fractal from $7 is still very possible so that would still be possible to have an entry on a new channel breakout.
We need to stay afloat above $14.30 to remain bullish.
__FRACTAL_DATES__
AUG: 24, 26, 27 double, 29, 31 double. Sep: 3, 7, 8, 11,26 FEB: 14
__REVIEW__
Nailed!
Ahh, i love it when it works out so flawlessly.
If you look closely to the ETH pattern, it ended with one final big wave up, followed by sell off, and now we got a final run before the real bear market to hit LINK. So i am expecting it to be $50. Crazy right, but i bet that is how ETH felt or crazier when these prices were materializing even though ETH was just 7$ a few months ago, and then reaching 300$ must have been just unbelievable.
------------------------------------------------------------
**LEGENDS**
BLUE = Bear/Resistance || Yellow = Bull/ Support
Lines: Fractal dates are moments of interest, where price and time collide to create oscillation.
the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
Feel free to request: your coin to be analyzed! Please keep those Stop losses in place or mind!
Thank you,
_Ajion
Thank you for your support in my efforts to better understand: financial chart behavior and Fractal Universe.
twitter.com/Puniks_
twitter.com/NexusWars_
ajion.org
twitter.com/Puniks_
twitter.com/NexusWars_
ajion.org
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