LINK/USDT - Long - Short-term Wykoff Analysis
We will need to wait a smidge bit longer for confirmation.. but I am convinced that LINK is about to make a tear of a run - very soon.
I am sharing something I normally would keep to myself due to the amount of time this analysis took me. But here you have it...
(Not financial advice - your mileage may vary. Here is what I, myself am doing)
Buy Limit: $32.00-$35.00
Stop Loss: $30.08
Take Profit (as calculated by Wykoff's point and figure formula):
TP1 - 25% - $40.55
TP2 - 50% - $41.39
TP3 - 25% - HODL and see where it goes for the long term. You can do this with 50% instead of 25%.
I am excited to see where this one ends up!
I am sharing something I normally would keep to myself due to the amount of time this analysis took me. But here you have it...
(Not financial advice - your mileage may vary. Here is what I, myself am doing)
Buy Limit: $32.00-$35.00
Stop Loss: $30.08
Take Profit (as calculated by Wykoff's point and figure formula):
TP1 - 25% - $40.55
TP2 - 50% - $41.39
TP3 - 25% - HODL and see where it goes for the long term. You can do this with 50% instead of 25%.
I am excited to see where this one ends up!
Comment:
Moving my TP to 50% as of current prices. Using 40% of that to open a buy limit at $35.59 if/when it breaks trading range resistance. Buying ETH with the other 10% and moving to storage.