BINANCE:LINKUSDT: Is the correction ahead?

アップデート済
Hello Friends,

today I come up with an idea on LINKUSDT.
Share your enthusiasm by giving me LIKES and COMMENTS. Thanks in advance.

Target 1: 0.382 Fib retracement @ 3.28$
Target 2: 0.5 Fib retracement @ 3.08$



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"" 4H CHART ""
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Analysis targets:
  • Review of previous asset progression
  • Derivation of action setup


See on top!

Key findings:
  • Major correction in higher timeframes missing
  • Rising wedge support level congruent to trend line of Fibonacci retracement
  • Rising wedge borders refined, top at 3.9090 confirmed
  • Target 2 and support level of previous channel confluence present


Next move:
  • Wait for breakout confirmation
  • Enter trade


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"" DAY CHART ""
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Analysis targets:

  • Trend identification
  • Trendedness estimation


スナップショット

Key findings:
  • Value above 200 days EMA
  • Rising wedge pattern identified
  • Price/volume divergence identified
  • Trendedness present in previous chart progression
  • Bitcoin correlation given
トレード稼働中
15 min candle confirmation broken resistance
トレード稼働中
Retest done

スナップショット
手動でトレードを終了しました
due to lack of volume!
Chart PatternsChart patternsCryptocurrencyFibonacci RetracementLINKUSDTRising WedgeTrend Analysis

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