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
Source: Tradinglounge.com get trial here!
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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.