Hello, everyone!
Today a lot of traders making analysis on
LINKUSDT because it has suddenly pumped against the entire market. Could this coin be already bottomed or new lows are incoming?
Looking at the price structure since ATH we have the clear EW counting. Global ABC correction is represented here as a classical zigzag. Wave C in this case should has 5 waves. Minimal Awesome Oscillator value corresponds to wave 3 and current flat is the annoying wave 4.
Technically bear market could be finished because we have already seen the bullish divergence and lower low, but Bitcoin in my opinion should dump and I cannot understand how altcoins can pump against it. That's why I expect another one lower low in the wave 5.
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Today a lot of traders making analysis on
LINKUSDT because it has suddenly pumped against the entire market. Could this coin be already bottomed or new lows are incoming?Looking at the price structure since ATH we have the clear EW counting. Global ABC correction is represented here as a classical zigzag. Wave C in this case should has 5 waves. Minimal Awesome Oscillator value corresponds to wave 3 and current flat is the annoying wave 4.
Technically bear market could be finished because we have already seen the bullish divergence and lower low, but Bitcoin in my opinion should dump and I cannot understand how altcoins can pump against it. That's why I expect another one lower low in the wave 5.
📢Smash like button and follow us to never miss an update
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Turn TradingView indicator & strategy alerts into automated trades on major crypto exchanges using no-code bots
Start free at skyrexio.com
Start free at skyrexio.com
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.