Hi,
Welcome to this analysis about LINKUSD, we are looking at the 45-minute timeframe perspectives. LINKUSD since showing up with the bearish developments has found some initial supports in the structure and as I discovered now developed some very interesting price-actions here as it moved on with this potential inverse head-and-shoulder-formation in which it already completed the left shoulder and the head and is now about to form the right shoulder which will complete the whole inverse head-and-shoulder-formation, therefore it is highly necessary that LINKUSD bounces in the confirmational-bounce-cluster as it is marked in my chart and does not move below. When this happens and LINKUSD finally closes above the neckline it will be the origin of the further continuations upwards and LINKUSD will test the remaining resistance marked in blue from where the situation needs to be elevated anew, it will be an interesting journey ahead.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"The high destiny of the market is to explicate rather than to speculate."
Information provided is only educational and should not be used to take action in the market.
Welcome to this analysis about LINKUSD, we are looking at the 45-minute timeframe perspectives. LINKUSD since showing up with the bearish developments has found some initial supports in the structure and as I discovered now developed some very interesting price-actions here as it moved on with this potential inverse head-and-shoulder-formation in which it already completed the left shoulder and the head and is now about to form the right shoulder which will complete the whole inverse head-and-shoulder-formation, therefore it is highly necessary that LINKUSD bounces in the confirmational-bounce-cluster as it is marked in my chart and does not move below. When this happens and LINKUSD finally closes above the neckline it will be the origin of the further continuations upwards and LINKUSD will test the remaining resistance marked in blue from where the situation needs to be elevated anew, it will be an interesting journey ahead.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"The high destiny of the market is to explicate rather than to speculate."
Information provided is only educational and should not be used to take action in the market.
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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.
►✅JOIN THE BEST+ TOP TELEGRAM TRADING CHANNEL: t.me/VincePrinceForexGoldStocks
►🚀Write To Join the Elite VIP Signal Channels: @Vince_Prince
►🔥JOIN BYBIT TOP EXCHANGE►🎁 UP TO $30,000 BONUS NOW: partner.bybit.com/b/VinceByBit
►🚀Write To Join the Elite VIP Signal Channels: @Vince_Prince
►🔥JOIN BYBIT TOP EXCHANGE►🎁 UP TO $30,000 BONUS NOW: partner.bybit.com/b/VinceByBit
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.