Each expansion and consolidation period will likely be getting shorter. Looks like it may almost hit $100 before dying a horrible death in 2022
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Nearly hit all the targets.. went 4 waves instead of the typical 3 like a dunce but retrace to the same consolidation target non the less. Called 5-10 range and links been stuck in 5.5 - 9.25 range for 9 months now.
This update is my bullish target for the next 2 years. The breakout range could vary heavily im more sold on the continued consolidation pattern tbh.
Long range TA is only useful for a social conversation. Lot of factors outside of TA will happen that makes such snapshots have very limited shelf life.
Close to the end of its ascending wedge which typically break down and hard. Also lines up with theoretical end to this crypto expansion phase. Last bull run ended in 85-95% loss in value for most alts.
As much as we see a potential future for these alts actual wide spread use is still at least a decade away and we are trading on pure speculation
Keppe3451
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@thecardiak, I’ll be very happy once we reach the 100 dollar :-)
HeReportedMuh
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Good TA on the way down, what makes you think Link wont recover? "Death" seems a little over the top. Thanks
albertojm
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Pretty accurate so far, amazing work.
Rockqet
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Hi there I agree with your bullish bias for LINKUSD. We might actually have the same idea but I have a lower take profit area. I am looking to buy and looking to take profit at 7.808, where the previous swing high was. Please check out my idea here: