Elliott Wave Analysis TradingLounge Daily Chart, 2 November 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: Third Wave Rise The internal sub-wave lacks one more surge in Wave 5, so we expect a surge above the 2.719 level.

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

Source: Tradinglounge.com get trial here!

Elliott Wave Analysis TradingLounge 4H Chart, 2 November 23,

ChainLink / 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: Third Wave Rise The internal sub-wave lacks one more surge in Wave 5, so we expect a surge above the 2.719 level.

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