kyer

LINKUSD Next Targets After Pullback

Long
BINANCE:LINKUSDT   ChainLink / TetherUS
LINK broke previous ATH and has created new fib levels that will hit after a minor pullback.

Chainlink on the Daily Time frame


Taking a look at the daily timeframe , LINK is having a hard time trying to make higher highs after wicking the 0.618 Fib level. From here, I can see LINK consolidating in the $21 - $24 range before moving up. It is very volatile right now after making higher highs earlier in the month.
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Comments

Is there a reason you put the fib extension on that high/low instead of the more recent high/low? Is it because that is the one that broke out above the previous all time high?
+1 Reply
kyer WhiskeyDeltaBravo
@WhiskeyDeltaBravo, Yeah the reason is because the one that I marked is the swing high / was the local high at the time that broke out above the previous all time high created in the summer
Reply
Wonderful Chart!
+1 Reply
kyer AdamEiseman
@AdamEiseman, Thanks adam
Reply
You are on the mark, I support you.
+1 Reply
kyer abel11
@abel11, Thank you lets go lets go
Reply
waiting for the space flight).
+1 Reply
kyer Yuriy_Bishko
@Yuriy_Bishko, about to blast off
Reply
Thank you.
+1 Reply
kyer Christuanjonkar
Reply
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