Link/ U.S. dollar (LINKUSD) Elliott Wave Technical Analysis – 1DFunction: Follow TrendMode: MotiveStructure: ImpulsePosition: Wave ((5))Direction Next higher Degrees: Wave I of ImpulseWave Cancel invalid Level:Details: Price is developing in Wave 5 of a large bullish structure.Link/ U.S. dollar (LINKUSD)Trading Strategy:Wave (4) ended at 17.837 (61.8% Fibonacci level) with a bounce to Wave (5). Positive Oscillator: Indicates strong uptrend momentum. Wave (5) 1.618 Fibonacci Extension level target is around 39.290.Main Outlook:– Bullish Scenario: If the price holds above 24.759, it is recommended to target 30.978 or 39.290.- Bearish Scenario: If the price breaks below 17.837, it may test the support at 15.918
LINKUSD – 1D Chart 
LINKUSD – 4H Chart More By This Author:Unlocking ASX Trading Success: Origin Energy Limited
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