LINKUSDT Exiting Ending Diagonal from the last impulsive wave

Zaktualizowano
Price action, based on Elliot Waves principles, is falling from peak after complete an Ending Diagonal from the last extended impulsive wave to a potential target at local demand in hourly timeframe in a possible 78,6% retrace as shown on AB=CD pattern, below volume POC and after reject Anchored VWAP from May '22 bottom. Consolidating in a parallel channel as shown within a modified Schiff Pitchfork. Potential swing-downward in a corrective wave target to Dec '22 low re-test. Monthly Inside Bar zone.
Uwaga
snapshot
Uwaga
snapshot
Uwaga
Strong bearish divergence on daily Chaikin oscillator snapshot
786 Fibonacci RetracementabcdchartpatternanchoredvwapelliottwaveprojectionElliott WaveelliotwaveanalysiselliotwavecountEnding DiagonalMultiple Time Frame AnalysisparallelchanelSchiff PitchforkSupply and Demand

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