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LINKUSDT Exiting Ending Diagonal from the last impulsive wave

Short
LINK / USDT Spot Trading Pair (PHEMEX:LINKUSDT)  
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PHEMEX:LINKUSDT   LINK / USDT Spot Trading Pair
Supply and Demand Multiple Time Frame Analysis Elliott Wave elliotwaveanalysis elliottwaveprojection abcdchartpattern anchoredvwap Schiff Pitchfork parallelchanel Ending Diagonal 786 Fibonacci Retracement elliotwavecount
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supplyanddemand mtfa elliottwaves elliotwaveanalysis elliottwaveprojection abcdchartpattern anchoredvwap schiffpitchfork parallelchanel endingdiagonal 786fibonacciretracement elliotwavecount
Price action, based on Elliot Waves principles, is falling from peak after complete an Ending Diagonal from the last extended impulsive wave to a potential target at local demand in hourly timeframe in a possible 78,6% retrace as shown on AB=CD pattern, below volume POC and after reject Anchored VWAP from May '22 bottom. Consolidating in a parallel channel as shown within a modified Schiff Pitchfork. Potential swing-downward in a corrective wave target to Dec '22 low re-test. Monthly Inside Bar zone.
Commento:
Commento:
Commento:
Strong bearish divergence on daily Chaikin oscillator
snapshot

Idee correlate

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LINKUSDT Expanding diagonal ending
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LINKUSDT Monthly Inside Bar Zone
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LINKUSDT 2-top, H&S, Butterfly; pullback to neckline
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