LINK/BTC - Bigger correction ahead
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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.
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.
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