LINK.USD looks to have topped: ChainLink Supports to Look for
Followup to my bigger picture of Link's "Impulse Redux" (click).
Link has been the strongest coin bar none, blowing through resistance zones.
Now it has returned to the Impulse which defined the drop (along with btc).
If bulls cant break through the Impulse Core, look for support at green zones.
There look top have been "3 drives" to this recovery.
Each of those waves had distinct fib ratio movements.
Retrace depth depends which waves collapse (or not).
$ 2.25/27 is immediate support, very strong bull if holds.
$ 2.02/04 might be best support to look for long entries.
$1.91/92 will be Bull's Last Stand, with uptrend in danger.
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See some of my other plots and trade calls below.
I also plot Forex and Stocks, take a look at my profile page.
Currently in Play:
BTC Support Watch
XRP to 32 cents
BAT to 20 cents
Alt Extinction Event?
Recent Achievements:
LTC to $150 call (near perfect plot)
BTC $14k call (Near Perfect target, easy trade)
ETH breakout (instant Profits, no drawdown)
BTC bottom 3.1k (caught the EXACT bottom)
ADA breakout (PERFECT targets, massive profits)
ZRX breakout (massive Profits, short wait)
XLM breakout (massive Profits, instant Win)
RVN top call (Perfect Target, take profits)
LINK re-entry (caught the spike)
MATIC top Warning (caught the EXACT top)
MATIC rocket (massive Profits, breakout entry)
NEO Rocket Launch (great entry, massive profits)
FET top warning (EXACTLY on time)
DASH top warning (EXACTLY on time)
Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.
.
Link has been the strongest coin bar none, blowing through resistance zones.
Now it has returned to the Impulse which defined the drop (along with btc).
If bulls cant break through the Impulse Core, look for support at green zones.
There look top have been "3 drives" to this recovery.
Each of those waves had distinct fib ratio movements.
Retrace depth depends which waves collapse (or not).
$ 2.25/27 is immediate support, very strong bull if holds.
$ 2.02/04 might be best support to look for long entries.
$1.91/92 will be Bull's Last Stand, with uptrend in danger.
.
See some of my other plots and trade calls below.
I also plot Forex and Stocks, take a look at my profile page.
Currently in Play:
BTC Support Watch
XRP to 32 cents
BAT to 20 cents
Alt Extinction Event?
Recent Achievements:
LTC to $150 call (near perfect plot)
BTC $14k call (Near Perfect target, easy trade)
ETH breakout (instant Profits, no drawdown)
BTC bottom 3.1k (caught the EXACT bottom)
ADA breakout (PERFECT targets, massive profits)
ZRX breakout (massive Profits, short wait)
XLM breakout (massive Profits, instant Win)
RVN top call (Perfect Target, take profits)
LINK re-entry (caught the spike)
MATIC top Warning (caught the EXACT top)
MATIC rocket (massive Profits, breakout entry)
NEO Rocket Launch (great entry, massive profits)
FET top warning (EXACTLY on time)
DASH top warning (EXACTLY on time)
Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.
.
Comment:
Looking at just one fib from this bounce:
Certainly implies local top. 5.618 rejection earlier, and now the 5.236 rejecting (next fib down). If it crosses below the 4.618 now, then odds are almost certain it has topped.
Comment:
Wow, bulls have managed to bounce and attack the Impulse Core
lets see if they can take this red zone now
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
