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EuroMotif
Jul 7, 2020 3:18 AM

LINK.usd Viable Targets : $6.2 and $6.75 if key supports hold 

Chainlink / United States DollarCoinbase

Description

As you know, ChainLink has eclipsed its previous ATH.
It is possible that it is done, but looks to have more fuel.
Fib extensions indicate $6.2 likely, and $6.75 plausible.

If you see blurry numbers on chart, that is a TV rendering bug.
of same, hopefully with clear numbers.


Previous LINK analysis:
(underestimated)
(important forever)
(break out call)
(perfect Ping)
(caught exact bottom)
( too conservative)

Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.

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Comment

TP1 Hit!

6.2x as promised
Looks like it will go for the next target as well.
But we should see a pullback soon, or not :)

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Comment

TP2 still on the Table.

Got past that first resistance and look to have retested
Looks like $6.75 still quite acheivable.
But I still expect a significant pullback from there.

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Comment

Heads up!

ALMOST at extended target of $6.75
It could very well blow thru it,
but I expect a significant pullback from there.

Watching closely, this beast could surprise everyone some more.

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Comment

TP2 Hit!

And maybe still going!
Lets see but it really should pullback a bit here.

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Comment

Done?

Slight overshoot and now pulling back
still looks strong, but lets see if can get past $6.75

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Comments
Michael_Novogratz
Yeah it went a bit higher
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