Hey everyone welcome an simple idea about chainlink. In the cryptoverse, it is hard to find coins like LINK that stay on some type of long-term (atleast 2 years) bullish trend. LINK is the only one.
If LINK can close above $26 until the end of the month, the trend line will stay valid. A simple elliot wave theory has been used on this chart where the third impulse is the strongest one.
If LINKUSDT were to hold this trend support and show bullish momentum, we can call that move the fifth wave and possibly, look out for higher targets shown on the chart.
Thank you.
If LINK can close above $26 until the end of the month, the trend line will stay valid. A simple elliot wave theory has been used on this chart where the third impulse is the strongest one.
If LINKUSDT were to hold this trend support and show bullish momentum, we can call that move the fifth wave and possibly, look out for higher targets shown on the chart.
Thank you.