LINK Prediction based on fib levels and feels

5 сент. 2020 г.

This may not be a quick recovery. I don't think it will go below the bottom trendline unless it's very briefly. More likely to have some sort of bounce from here, given it's a frequent buy level as you can see from all the demand tails here.

5 сент. 2020 г.

Заметка

If this pulls back up for another demand tail, it will move upward for the depth of this double bottom, which would also support retracement to around the 50% fib level

5 сент. 2020 г.

Заметка

Just fixed the fib level. Not sure what I was doing there. Orange arrow is more likely as that fib level matches up with the trendline