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Look at daily candles. LINK looks very textbook, with now forming the inverse Head and shoulders pattern at test of his neckline.
This could lead to retest of all time high with fullfill target +85% . I really like the whole evidence from it's beggining.
So now, I just monitoring 618 retracement level and waiting for a breakout confirmation with decent volumes. To that date, it's just in progress.
At MACD, i want see push over here, through the red resistance.
Conclusion expected sooner than Noveber 17th 2019.
All for now, cheerz.
*This is not a financial or investment advice. Never trade/invest, by my personal ideas.
Look at daily candles. LINK looks very textbook, with now forming the inverse Head and shoulders pattern at test of his neckline.
This could lead to retest of all time high with fullfill target +85% . I really like the whole evidence from it's beggining.
So now, I just monitoring 618 retracement level and waiting for a breakout confirmation with decent volumes. To that date, it's just in progress.
At MACD, i want see push over here, through the red resistance.
Conclusion expected sooner than Noveber 17th 2019.
All for now, cheerz.
*This is not a financial or investment advice. Never trade/invest, by my personal ideas.
Comment:
Look closer. After failed breakout it's still in the right shoulders. Touching Fibos 382, 0.8 618 and 786 in 3 days. LINK have still time to decide.
Comment:
I am watching right shoulder ;- ) It's probably close to break.
Comment:
Consider that orange zone as the first sell target / for traders /.
Break into, or above could mean further & stronger upside movement ;- ) cheerz
Break into, or above could mean further & stronger upside movement ;- ) cheerz
Trade closed: stop reached