30Mar
LINKUSD Elliott Wave Technical Analysis March 30 2023
LINKUSD Elliott Wave Technical Analysis March 30 2023
4Hour
ChaninLink /U.S.dollar(LINKUSD)
LINKUSD Elliott Wave Technical Analysis
Function: Follow trend
Mode: Motive
Structure: Impulse
Position: Wave ((3))
Direction Next higher Degrees: Wave I of Motive
Details: The rise of wave ((3)) is usually equal to 1.618 multiple of the wavelength ((1)).
Wave Cancel invalid Level: 5.900
ChaninLink /U.S.dollar(LINKUSD)Trading Strategy: Chainlink is recovering well and we expect wave ((2)) to end at the 6.750 level. Five rising waves from this point and the price can break the MA200 line will support this idea. The price is likely to trade above the level of 9.705
ChaninLink /U.S.dollar(LINKUSD)Technical Indicators: The price is above the MA200 indicating an UpTrend. The wave oscillators above Zero-Line momentum are Bullish
Daily
ChaninLink /U.S.dollar(LINKUSD)
LINKUSD Elliott Wave Technical Analysis
Function: Follow trend
Mode: Motive
Structure: Impulse
Position: Wave ((3))
Direction Next higher Degrees: Wave I of Motive
Details: The rise of wave ((3)) is usually equal to 1.618 multiple of the wavelength ((1)).
Wave Cancel invalid Level: 5.386
ChaninLink /U.S.dollar(LINKUSD)Trading Strategy: Chainlink is recovering well and we expect wave ((2)) to end at the 5.900 level. Five rising waves from this point and the price can break the MA200 line will support this idea. The price is likely to trade above the level of 10.028.
ChaninLink /U.S.dollar(LINKUSD)Technical Indicators: The price is above the MA200 indicating an UpTrend. The wave oscillators above Zero-Line momentum are Bullish
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