The price has now reached the upper boundary of the ideal macro support zone for a complex and rare corrective structure (running flat), between 11–8.5.
As long as the price holds above April’s low, my operative scenario assumes that a new multi-year uptrend (wave (3)) has already started.
Key resistance zones to watch ahead: 85–121 (first major resistance) and 150–205/220 as final macro resistance targets.
Full view of the macro structure:
Thank you for your attention and I wish you successful trading decisions!
⸻
Previous trend analysis on LINK:
Nov'24: https://www.tradingview.com/chart/LINKUSD/H8QYQ3UQ-link-volnovaya-struktura-makro-upd/
Jun'24: https://www.tradingview.com/chart/LINKUSD/Hzf4yFlp-linkusd-volnovaya-struktura-aktiva-upd/
Dec'23: https://www.tradingview.com/chart/LINKUSD/NJx3kjel-linkusd-volnovaya-struktura-aktiva/
As long as the price holds above April’s low, my operative scenario assumes that a new multi-year uptrend (wave (3)) has already started.
Key resistance zones to watch ahead: 85–121 (first major resistance) and 150–205/220 as final macro resistance targets.
Full view of the macro structure:
Thank you for your attention and I wish you successful trading decisions!
⸻
Previous trend analysis on LINK:
Nov'24: https://www.tradingview.com/chart/LINKUSD/H8QYQ3UQ-link-volnovaya-struktura-makro-upd/
Jun'24: https://www.tradingview.com/chart/LINKUSD/Hzf4yFlp-linkusd-volnovaya-struktura-aktiva-upd/
Dec'23: https://www.tradingview.com/chart/LINKUSD/NJx3kjel-linkusd-volnovaya-struktura-aktiva/
Делюсь опытом работы на финансовых рынках в личном блоге: t.me/marketartistry
Related publications
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.
Делюсь опытом работы на финансовых рынках в личном блоге: t.me/marketartistry
Related publications
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.