LINKUSD is Likely Shooting for $7.42 to $10.21 Price Range.
Those of you who have followed me a while know I use Fibonacci in an unorthodox way to most users of Fibonacci. I normally use the 3-Day Time Frame when calculating a price target range to the 1.618 FIB Extension. I do NOT place my 1.0 coordinate on the high. I place my 0.618 on the high and of course have my 0.0 on the low. I create a price RANGE target by simply creating two FIB's on the chart using my unorthodox method. I have my 0.618 on the highest "WICK" for one of my FIB calculations and I have the other 0.618 on the highest CLOSE in the 3-Day Candle. This allows me to create a FIB Extension RANGE. Which comes out to a range of $7.42 to $10.21.
Kommentera:
We will have to keep an eye on the White Energy and the Red RSI in multiple time frames while this continues going up to try to get an idea of when the TOP is potentially in the bag to sell/short.
