Elliott Wave Technical Analysis: Chainlink/U.S. Dollar
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LINKUSD Day Crypto Chart
Thursday 6 July 2023.
LINKUSD Elliott Wave Technical Analysis
Function: Follow trend
Mode: Motive
Structure: Impulse
Position: Wave V
Direction Next higher Degrees: Wave V of Zigzag
Details: Wave V is likely to end at the 4.926 level and a five-wave rise will confirm this idea.
Wave Cancel invalid Level: 4.926
LINKUSD H4 Crypto Chart
Thursday 6 July 2023.
LINKUSD Elliott Wave Technical Analysis
Function: Follow trend
Mode: Motive
Structure: Impulse
Position: Wave (5)
Direction Next higher Degrees: Wave 1 of Motive
Details: Wave 5 is usually equal to .618 multiplied Length of wave 1 through wave 3
Wave Cancel invalid Level: 4.926
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