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Chainlink - LINK - There we go, Next stop? Mars

735
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There we go, we've reached $2.20!!
Next stop?

I did a detailed count of the move since 14 Sep. last study

> $2.32 would confirm more upside
< $2.10 bearish alarm

Zooming in tells me that it will push higher and the move even starts to look parabolic.

I expect that we will see some resistance here. So, I won't be surprised to see some kind of retracement.

Use that retracement as a buying opportunity!
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ROAD MAP
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Update on LINK:


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> $2.5 was the high for Wave 3
Was the Wave 4 finished in abc.
$2.25 is possible support

Let it play out
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I was too early to claim that W3 finished. The ABC was a setup for another subwave. However, we're still late in this 3rd cycle. So, stay vigilant.

Bear div
Supports are mentioned on the chart
<$2.47 would give confirmation
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Come on! Wave 4 is done!
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Wave 5 in progress

Up +50% in a month and I think that we can see more upside during the next couple of days/weeks.

Keep in mind that there is some bearish divergence can be a bearish warning!

#LINK
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Not
My long term path for LINK.

My first long term target: $7

Reminder > That the trend is your friend
Psychological is resistance!

Together we are stronger
God bless you

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.