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LINKUSD - Elliottwave analysis

Short
KRAKEN:LINKUSD   Chainlink
LINKUSD - It is in 4th wave triangle of final 5th wave of C wave down. So one more low is expected down to complete the sequence. Stay bearish below 9.06 as invalidation level for target below 8.40 zone. If price crosses above 9.51, then downside cycle considered C wave over and correction or reversal further expected.

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