LINK doesn't need any introduction; it has a great project, a great community, and has also given great growth. It seems the corrective wave has ended at 0.382 Fibonacci retracement and now the price is about to break the consolidation triangle-shaped area. Let's see how things unfold.
Nota
It looks like LINK is trying really hard to break the consolidation triangle-shaped area.
Nota
So, after LINK broke the consolidation area upward, it went up. Then, LINK entered another consolidation area; this time a rectangle one. Let's see when LINK breaks this one.
Nota
LINK broke the consolidation rectangle shaped area and is going up.
Nota
So, even though LINK broke the consolidation rectangle-shaped area and went up, LINK returned to the consolidation area again! It seems this area is strong and behaving like a magnet that attracts LINK. Let's see when LINK can get free from this area.
Nota
So, as it turned out, LINK in moving in an inverted wedge pattern, not a rectangle area. Recently, LINK touched the wedge's bottom and then started an upward wave. Let's see if LINK can break the minor downtrend line or even reach the wedge's upper line.
Nota
So, LINK went down much further and made a pullback on the broken triangle-shaped area. It seems LINK's correction is finished when broke the first minor downtrend line. For confirmation, have to wait for LINK to break the second one too. Let's see what happens.
Dagangan aktif
So, as it turned out, LINK is moving within an ascending channel. Currently, LINK is going up toward the channel's upper line. Let's see what happens.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.