Cryptocurrency Elliott Wave Blog!
BTC, ETH, BNB, XRP, ADA, DOT, AAVE, LINK, DOGE, XMR, NEO, THETA, TRX, UNI, VET

09Nov

LINKUSD Elliott Wave Technical Analysis 10 November 2022

BTC_Splash-Cryptos-1

LINKUSD Elliott Wave Technical Analysis  10 November 2022

4 Hour

LINKUSD Elliott Wave Technical Analysis
Function: Follow trend
Mode: Motive
Structure: Impulse
Position: Wave 1
Direction Next higher Degrees:  Wave V of Impulse
Details: Decrease in the first wave when the complete, price is a pullback in a second wave but must not be above 9.527 level
Wave Cancel invalid Level:9.527

ChainLink (LINKUSD) Trading Strategy: The price is back in the downtrend again. As the price breaks the support at the MA200 line does not pass, resulting in strong selling pressure on LINKUSD and a downward trend. But there may be a short-term reversal.

ChainLink (LINKUSD) Technical Indicators: MACD and MACD Histogram below Zero-Line the price has bearish momentum


Daily

LINKUSD Elliott Wave Technical Analysis
Function: Follow trend
Mode: Motive
Structure: Impulse
Position: Wave V
Direction Next higher Degrees:  Wave (C) of Zigzag
Details: The decrease of wave V has a trend to trade below 5.311
Wave Cancel invalid Level:9.527

ChainLink (LINKUSD) Trading Strategy: The price is back in the downtrend again. As the price goes up to test the resistance that the MA200 line does not pass, there is strong selling pressure on LINKUSD and it is likely to continue down. But there may be a short-term reversal.

ChainLink (LINKUSD) Technical Indicators: Price trade to below MA50 MA200 Line Bearish trend MACD Histogram below Zero-Line the price has bearish momentum

 

About the Author

Related

NEOUSD Elliott Wave Technical Analysis May 12 2023

NEOUSD Elliott Wave Technical Analysis May 12 2023

This article provides technical analysis for NEOUSD cryptocurrency using Elliott Wave charts created...

Read More >
DOTUSD Elliott Wave Technical Analysis February 09 2023

DOTUSD Elliott Wave Technical Analysis February 09 2023

Kittiampon Somboonsod's Elliott Wave analysis of Polkadot (DOT, DOTUSD) predicts a correction or...

Read More >
THETAUSD Elliott Wave Technical Analysis March 16 2023

THETAUSD Elliott Wave Technical Analysis March 16 2023

Theta Token's price has shown a positive recovery, although still in a downtrend, as per Kittiam...

Read More >
THETAUSD Elliott Wave Technical Analysis May 14 2023

THETAUSD Elliott Wave Technical Analysis May 14 2023

According to Kittiampon Somboonsod's Elliott Wave charts for Theta (THETAUSD), there is a potent...

Read More >
TRXUSD Elliott Wave Technical Analysis 14 December 2022

TRXUSD Elliott Wave Technical Analysis 14 December 2022

Elliott Wave charts by Kittiampon Somboonsod 4 Hour and Daily - TRON is still under sell pressure as...

Read More >
Bitcoin Elliott Wave Technical Analysis 20 Jan Trading Lounge

Bitcoin Elliott Wave Technical Analysis 20 Jan Trading Lounge

Overview: Tracking few market patterns, the 35000 is a critical support for the bullish patterns. Bi...

Read More >
You need to login in order to comment
WHAT YOUR TRIAL INCLUDES
At TradingLounge we offer our Members access to all areas!
  • Our coverage means you get maximum flexibility in your trading options
  • Analysis updates every day Mon-Fri
  • Elliott Wave specialists
  • Discretionary strategies to take away
Our huge range of markets include charts + videos for:
  • Indices – US, Asian + Euro
  • Commodities – Gold, Oil, Silver, Copper, Iron Ore, Lithium, Uranium, Nickel, DXY, Gold, Silver, GDX, Commodity Futures Markets
  • Forex daily – AUDUSD, EURUSD + US Dollar Index
  • Cryptocurrencies - Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Ripple (XRP), Cardano (ADA), Polkadot (DOT), Aave (AAVE), Chainlink (LINK),Dogecoin (DOGE), Monero (XMR), Neo (NEO), Theta (THETA),Tron (TRX), Uniswap (UNI), VeChain token (VET)
Also included so your trading can really improve:

Trading Education

Elliott Wave Course

TradingLevels Course

Social chat with other traders

  • Phone + Email support