Chainlink/USD rate (November 3rd 2020 through November 30th 2020)
Low: $10.17
High: $15.27
Had to make a few adjustments to some previous charts. I do believe we are still on track to go up despite my multiple incorrect attempts to pick the bottom of our current structure.
Originally thought our bottom before a $15 target was here:
then I thought our bottom was here:
Now that I've seen this move lower to $10.02 today, it makes much more sense as to why I was wrong the last 2 tries. So hopefully from here on is an actual trend reversal from the short term back into the month long move. I could be wrong a 3rd time but we will have to see. I have also adjusted my original time frame for the $15 target because it could take longer than I initially thought. Election day today, what's next? ;)
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
Low: $10.17
High: $15.27
Had to make a few adjustments to some previous charts. I do believe we are still on track to go up despite my multiple incorrect attempts to pick the bottom of our current structure.
Originally thought our bottom before a $15 target was here:
then I thought our bottom was here:
Now that I've seen this move lower to $10.02 today, it makes much more sense as to why I was wrong the last 2 tries. So hopefully from here on is an actual trend reversal from the short term back into the month long move. I could be wrong a 3rd time but we will have to see. I have also adjusted my original time frame for the $15 target because it could take longer than I initially thought. Election day today, what's next? ;)
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
