26Oct

Chainlink/U.S. dollar (LINKUSD) Elliott Wave Technical Analysis 26 October 23

Elliott Wave Analysis TradingLounge Daily Chart, 26 October 23

​​Chainlink/U.S. dollar(LINKUSD)

LINKUSD Elliott Wave Technical Analysis

Function: Follow Trend

Mode: Motive

Structure: Impulse

Position: Wave ((3))

Direction Next higher Degrees: Wave I of Impulse

Wave Cancel invalid Level: 8.259

Details: Wave 3 equal to 200.00% of Wave 1 at 12.719

Chainlink/U.S. dollar(LINKUSD)Trading Strategy: Chainlink Rises Rapidly After receiving support from good news Following the approval of Bitcoin Spot ETFs, we predict five Impulse Waves, with the current third wave rising at the end. Be careful of correction in the fourth wave. before rising again in the fifth wave.

Chainlink/U.S. dollar(LINKUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, RSI is a Bullish Momentum.

TradingLounge Analyst: Kittiampon Somboonsod, CEWA

Get Started  With TradingLounge Today - tradinglounge.com/Pricing

 

LINKUSD-Crypto-Day-c...

 


 

Elliott Wave Analysis TradingLounge 4H Chart, 26 October 23,

Chanlink/U.S. dollar(LINKUSD)

LINKUSD Elliott Wave Technical Analysis

Function: Counter Trend

Mode: Corrective

Structure: ….

Position: Wave (4)

Direction Next higher Degrees: Wave ((4)) of Impulse

Wave Cancel invalid Level: 8.236

Details: Retracement of wave ((4)) usually .382 x Length wave ((3))

Chainlink/U.S. dollar (LINKUSD) Trading Strategy: Chainlink Rises Rapidly After receiving support from good news Following the approval of Bitcoin Spot ETFs, we predict five Impulse Waves, with the current third wave rising at the end. Be careful of correction in the fourth wave. before rising again in the fifth wave.

Chainlink/U.S. dollar(LINKUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, RSI is a Bullish Momentum.

Get Started  With TradingLounge Today - tradinglounge.com/Pricing

LINKUSD-Crypto-4hour...

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