LINKUSDT - Bullish and bearish Scenario Short
ChainLink / TetherUSBinance
Description
⋅ LINK/USDT - Binance
For this graph, We use Elliott Impulse Wave (ABCDE) with eclipse tools below and rectangle movable tools.
MacD below
On this graph, we saw an uptrend with possible downtrend below graphs
Verdict:
We open risk, Good buy at $2.3 - $2
Stop loss at $1.9 TO $1.8 as long it goes below the rectangular tools and hoping the BTC won't drag it below 8k.
First target $2.5 - $2.8
There's no resistance hoping this would be the highest price of RVN.
Remember TECHNICAL ANALYSIS is all about probabilities and based on previous market performance(not all about certainty)
Disclaimer: This is for educational purposes,it is not intended as a financial advice.
The analyst won't be responsible for a loss of fund. Trader should be able to manage risk.
#Trend Analysis
#Chart Patterns
#Wave Analysis
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Thanks a lot! Trade closed manually
⋅ Trade closed manually
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