firmestudio

LINKUSDT Potential Bullish Gartley to turns Bearish / Flat

Short
firmestudio Updated   
BINANCE:LINKUSDT   ChainLink / TetherUS
Potential reversal price action in a potential ending diagonal Elliot pattern corrective, plus potential bullish Gartley and AB=CD projections aiming demand zones.

The price is ranging @ upper region of a monthly Inside Bar candlestick pattern. I'm expecting the breaking of Aug '22 low to lowers lows newer targets. The price action above this level tends to ranging in zig-zags.

Anchored VWAP from the Aug '22 low is a important intraday support. Price is ranging between the upper bands 0.618-1.00 from this VWAP.

Bearish divergences on RSI and Chaikin Money Flow oscillators.

Similar pattern linked below.
Trade active:
Adding Awesome Oscillator, which bearish divergences suggest topped condition for the intraday:

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