LuanCeli

LINK/BTC - Bigger correction ahead

Long
LuanCeli Updated   
BINANCE:LINKBTC   ChainLink / Bitcoin
Hi!


Looking broadly, more precisely on the weekly chart, we can count 5 impulse waves. Now we can correct it on ABC.

If my count is correct, Link is probably moving to support at 0.00015524.

There is a possibility before correcting for lower levels, we can find opportunity for a target trade at 0.00031270 (15%).

This can be very risky, you might ALWAYS use stop loss.

STOP:

0.0002553

Target:

0.00031270

Manage your stop according to your risk management. This is not financial advice.

Comment:
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.