It appears that the 4th wave is complete and a new uptrend is being formed. If the short term bull pennant breaks upwards, it could be the beginning of the 5th and final wave. Target is around the $7 range before an ABC correction.
*THIS IS NOT FINANCIAL ADVICE. I AM NOT RESPONSIBLE FOR ANY LOSSES OF MONEY*
*THIS IS NOT FINANCIAL ADVICE. I AM NOT RESPONSIBLE FOR ANY LOSSES OF MONEY*
Comment:
Bull Pennant has broken down and the parabola has been broken on the 4h chart. Should revisit the $1.80-$2.00 range.
Comment:
Looks like i was wrong with the revisit update. Price rebounded well and is sitting in the $2.40 range with the LINK/BTC chart looking bullish as well.