Jump to content

ChainLink / U.S. dollar(LINKUSD) Elliott Wave Technical Analysis 24 January 24


Recommended Posts

Elliott Wave Analysis TradingLounge Daily Chart, 24 January 24,

ChainLink / U.S. dollar(LINKUSD)

LINKUSD Elliott Wave Technical Analysis

Function: Follow Trend

Mode: Motive

Structure: Impulse

Position: Wave V

Direction Next higher Degrees: Wave (I) of Impulse

Wave Cancel invalid Level: 8.498

Details: Wave V is equal to 61.8% of Wave I through Wave III at 20.268

ChainLink / U.S. dollar(LINKUSD)Trading Strategy: ChainLink remains in an uptrend. and is in the final phase of the increase in Wave 5, with Wave 5 warning before a correction or trend change. and the increase of Wave 5 that will go up to test the level 20.268

ChainLink / U.S. dollar(LINKUSD)Technical Indicators: The price is Above the MA200 indicating an uptrend, Wave Oscillators a bullish Momentum.

TradingLounge Analyst: Kittiampon Somboonsod, CEWA

 

 

8d1670ffd624002e0fe69698073508b1

 

 

 

Elliott Wave Analysis TradingLounge 4H Chart, 24 January 24,

ChainLink / U.S. dollar(LINKUSD)

LINKUSD Elliott Wave Technical Analysis

Function: Follow Trend

Mode: Motive

Structure: Impulse

Position: Wave V

Direction Next higher Degrees: Wave (I) of Impulse

Wave Cancel invalid Level: 8.498

Details: Wave V is equal to 61.8% of Wave I through Wave III at 20.268

ChainLink / U.S. dollar(LINKUSD)Trading Strategy: ChainLink remains in an uptrend. and is in the final phase of the increase in Wave 5, with Wave 5 warning before a correction or trend change. and the increase of Wave 5 that will go up to test the level 20.268

ChainLink / U.S. dollar(LINKUSD)Technical Indicators: The price is Above the MA200 indicating an uptrend, Wave Oscillators a bullish Momentum.

 

5111e0975f54bf33bc64266eca308fdf

 

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • That's our hopes & I believe WAGMI cos I did also participate in the pre-trade at Bitget. Just get your Exchange's HMSTR address on your app with the memo then input for on-chain withdrawal.
    • The crypto market is buzzing with activity, and both Bitcoin (BTC) and Ethereum (ETH) are making waves. Let’s break down the latest movements in their prices and what’s driving these changes. Bitcoin Price Update Bitcoin's price surge: BTC is now trading at $60,172, marking a 4.21% jump over the past 24 hours. Intraday performance: Bitcoin hit a low of $57,650.11 and a high of $60,656.72 today. ETF inflows: Bitcoin ETF inflows have risen to $263.07 million as of September 14. This influx of capital seems to be supporting BTC’s price surge. Market dominance: Bitcoin’s dominance increased by 0.37%, now standing at 56.56%. Market cap: Bitcoin's overall market capitalization has hit $1.19 trillion, reinforcing its leading position in the crypto world. Ethereum Price Update Ethereum’s rise: ETH price has climbed nearly 3% in the past 24 hours and is currently priced at $2,422, as per Coinpedia markets Intraday range: The second-largest cryptocurrency saw a low of $2,338.14 and a high of $2,462.80. ETF inflows: Ethereum ETFs have also seen positive inflows, with $1.52 million added as of September 14. Market cap: Ethereum’s total market cap now stands at $292.89 billion. Expert Insights: A Shift in Market Behavior? Crypto analyst ALI has shared some interesting data about the market activity of Bitcoin and Ethereum. According to ALI: Capital exiting BTC and ETH: Around $2.6 billion worth of Bitcoin and Ethereum has exited the market in the past week. This may be due to sluggish price action, suggesting that some investors are shifting to other altcoins. A possible altcoin pump: Despite the recent outflows, the total market cap has rebounded to $2 trillion, leading many to believe that a major pump may be on the horizon—not just for Bitcoin, but for altcoins as well. What’s Next for the Crypto Market? It looks like the crypto market could be gearing up for a strong rally. Both Bitcoin and Ethereum are seeing solid price movements, and with ETF inflows rising, investor confidence appears to be high. If the market continues to stabilize above the $2 trillion mark, we could see even more bullish activity in the coming days.  
    • I hope hamster airdrop is worth it because i invested a lot of time on this mining. I might as well explore other giveaways from exchanges
×
×
  • Create New...
us