LINK.USDT (Y20.P4.E6).Next stage

Hi All,

If you refer to my previous post, I called it part of the Livermore structure and so far its holding true.

This chart now shows another component which is the 3 Drive wave pattern and has 2 targets, 1 being displayed here.
Its a trade no-one should miss especially if its doing point 7 of a Livermore pattern, yet to be confirmed.

Previous posts links are provided below.


Cheers,
S.SAri

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The structure now has invalidated the theory. Now its a matter of watching what happens at the 0.618 on this impulse, where it looks like a support area for a relative bounce. Note, the major markets also did a dump and hence crypto is not detached to these markets. Its like you have to keep an eye on the SP500, Gold, and the US dollar before going long.
Everything seems bearish and it will not surprise me if we break down to a double bottom first.

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