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TradeChartist
Apr 12, 2020 6:45 PM

End of the road for LINK on LTF? 

ChainLink / TetherUSBinance

Description

Both Bullish and Bearish harmonic patterns indicate a drop on LTF. It has a been a fantastic Bull phase for LINK. Not in the long trade for now. Just watching price action on the sidelines doing some observations on chart patterns and harmonics.

Comment

Based on fib ext. 0.618 could be the ceiling resistance for this move. open above that 0.618 will invalidate the pattern.

Comment

Target Levels also act as Support, but as each level fails on a candle close beyond TP2, they open larger zones for gains. Careful holding LINK until last high is breached on candle close.

Comments
CryptoStef
Same brother :)
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