TheCryptoWhisperer

LINKUSDT - Bullish and bearish Scenario

Short
TheCryptoWhisperer Aggiornato   
BINANCE:LINKUSDT   ChainLink / TetherUS
LINK/USDT - Binance

For this graph, We use Elliott Impulse Wave (ABCDE) with eclipse tools below and rectangle movable tools.

MacD below

On this graph, we saw an uptrend with possible downtrend below graphs

Verdict:

We open risk, Good buy at $2.3 - $2

Stop loss at $1.9 TO $1.8 as long it goes below the rectangular tools and hoping the BTC won't drag it below $8k.

First target $2.5 - $2.8

There's no resistance hoping this would be the highest price of RVN.


Remember TECHNICAL ANALYSIS is all about probabilities and based on previous market performance(not all about certainty)

Disclaimer: This is for educational purposes,it is not intended as a financial advice.

The analyst won't be responsible for a loss of fund. Trader should be able to manage risk.


#Trend Analysis

#Chart Patterns

#Wave Analysis

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Thanks a lot!
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