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ChianLink Crypto Price News Today Elliott Wave Technical Analysis


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Posted (edited)
Elliott Wave Analysis TradingLounge Daily Chart,
ChianLink/ U.S. dollar(LINKUSD)
LINKUSD Elliott Wave Technical Analysis
Function: Counter Trend
Mode: Corrective
Structure: Zigzag
Position: Wave C
Direction Next higher Degrees: Wave (I) of Impulse
Wave Cancel invalid Level: 8.498
Details: Wave C May be complete and the price increase again in Wave A or I.

ChianLink/ U.S. dollar(LINKUSD)Trading Strategy:
It looks like the correction wave (II) is over. And the price is rising in wave (III), so we will focus on the five-wave increase in the Impulse pattern, which is likely to stay above the 24.00 level.

ChianLink/ U.S. dollar(LINKUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, The Wave Oscillator is a Bullish Momentum.

Elliott Wave Analysis TradingLounge H4 Chart,
ChianLink/ U.S. dollar(LINKUSD)
LINKUSD Elliott Wave Technical Analysis
Function: Counter Trend
Mode: Corrective
Structure: Zigzag
Position: Wave C
Direction Next higher Degrees: Wave (I) of Impulse
Wave Cancel invalid Level: 8.498
Details: Wave C May be complete and the price increase again in Wave A or I.

ChianLink/ U.S. dollar(LINKUSD)Trading Strategy:
It looks like the correction wave (II) is over. And the price is rising in wave (III), so we will focus on the five-wave increase in the Impulse pattern, which is likely to stay above the 24.00 level.

ChianLink/ U.S. dollar(LINKUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, The Wave Oscillator is a Bullish Momentum.

 

Crypto24(1).thumb.png.d42077e6dc53c6399256b17fe5c7045b.png

Crypto24.thumb.png.3e07958eb9c87f6f1d31b3983053d49d.png

Technical Analyst Kittiampon Somboonsod

Source : Tradinglounge.com get trial here!

 

Edited by tradinglounge
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