LINKUSD Market Update / Flag Pattern Targeting $36+

7 gru

Greetings Everyone,

Today, I’m sharing some updated charts for LINK/USD.

This will be a brief update to ensure the charts are delivered promptly. Please refer to the attached screenshots for a detailed view of each section of the price action:

- Dropbox Link -

dropbox.com/scl/fo/vvgjo4cdorqx5mjvchuti/AAqs5VEf9A8ZpwitfHXP9Vg?rlkey=hmv2a36l112nkt8rrehnn9pxb&st=dyq27ej2&dl=0


Key Observations:
• LINK/USD is breaking out of a flag pattern that began around $19.70. The measured move target for this breakout is approximately $36, making this a favorable risk-to-reward opportunity.
• Price action appears primed for a significant move. However, it recently faced rejection at the peak of the flag.
• I’ve outlined potential areas for the conclusion of Wave 5, though price could extend beyond these levels.

I’ll continue monitoring the situation closely.

Thanks,
C. Lemard

11 gru

Uwaga

One of the keys to successful trading is recognizing pivot points and understanding how to act decisively when opportunities arise. As demonstrated & called out in this example, the market rallied 8% rapidly from a level I called out prior. This illustrates how extreme reactions often present the highest reward-to-risk scenarios.

The more pronounced the reaction, the greater the opportunity.

Mastering the art of spotting these pivotal moments could be the difference between being reactive and proactive in your trading journey.

I would like to leave you with a question — What is the difference between a trader and an investor?

14 gru

Uwaga

In the upcoming 3 days, I will be posting a series of charts for the upcoming new year. This will include trade ideas, price targets and anything else I feel is pertinent. These trades ideas will include some tickers that I am looking to participate in myself.

Best, C L
Not financial Advice.