Downward Pressure Likely Continues Until August 2, 2020.

As mentioned in previous two (2) publications; "DOWNWARD PRESSURE CONTINUES" and we may not see reversal to upward pressure until next week. Well, next week is here and it's looking like this downward pressure may likely continue until the weekend of this week (Saturday or Sunday).

Comment:

Comment:

I recently switched from LINKUSD (Converted by TradingView) to LINKUSDT (Binance). I noticed different prices in different time frames when using LINKUSD (Converted by TradingView). So, I switched to a USD Tether pair for a more stable price across ALL time frames. I had to do it this way to avoid keep my Fibonacci consistent as well. Which was the MAIN reason I switched.

Comment:

Upward pressure; according to the 3-DAY TF can continue to mid August but has a chance to continue to late August. If the price action continues going up along with the upward pressure, we are currently looking at a price range between $12.42 and $15.16.

3-Day TF without indicators to allow better view of Fibonacci Levels

3-Day TF with indicators: