Mr_Banker

A REALISTIC APPROACH TO 1000$ LINK

Long
Mr_Banker Updated   
COINBASE:LINKUSD   Chainlink
Hello Everyone, MrBanker is here. I present you with 3 ideas about how the LINK will reach 1000$.

First Theory:
- A 5 wave move is completed back in May 2021. Which also completed the 1st wave of the bigger degree.
- The LINK is now showing a rather complex correction which is also an accumulation zone.
- After this correction, we should observe a soaring move into 1000$ which will be only a fraction of the biggest 3rd Wave.

Second Theory:
- The indicator is especially customized for LINK in a Weekly timeframe.
- According to this indicator, LINK had two major tops and four major bottoms. Which also indicates a buy zone for LINK at this moment.
- For the LINK to reach 1000$ level, expect at least 1 year long minor bull and bear markets during that period. Which will be eventually shown in the custom made indicator.

Third Theory:
- Based on a realistic approach, LINK must first break through the ultimate resistance line starting from 2019.
- The upcoming CCIP and Staking will be great catalysts for a major pump. Considering that almost every LINK owner is waiting for Staking which will reduce the circulating supply drastically and increase the demand for the token enormously.
- By all these combinations of theories, LINK will definitely reach 1000 Dollars but the exact time is uncertain.

Trade Safe,
MrBanker
Trade active:
The idea is still active. The corrective waves should be rearranged according to the market structure and the target should be extended into 2025 and beyond.

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