Long
LINKUSD - Bullish Cypher
See chart. Lots of hopium.
Bullish cyhper, ichimoku looks good for a reversal to a sustained up trend.
Zooming out: there's a formation of an inverse head and shoulders. If wave 4 is a throwback on the H&S, wave 5 could extend to hit the H&S target. Of course this is all very speculative. Just ideas of a green future.
Bullish cyhper, ichimoku looks good for a reversal to a sustained up trend.
Zooming out: there's a formation of an inverse head and shoulders. If wave 4 is a throwback on the H&S, wave 5 could extend to hit the H&S target. Of course this is all very speculative. Just ideas of a green future.
Note
Doubtful that we hit the next two targets. If this is wave 1 of the 3rd parent wave, then the peak of 3 will likely come later than I anticipated.Note
Also, I drew wave 5 as an extended wave to coincide with a the inverse H&H pattern on the higher time frame chart.
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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.