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lonercapitalist
Jan 1, 2021 10:17 PM

Finishing up wave 4 Short

Chainlink / United States DollarCoinbase

Description

CHAINLINK is finishing up wave 4 since the impulse wave starting this past March. We are within wave C, which has not yet retraced to 1:1 or 1:1.618 of wave A. The first target for possible reversal to start wave 5 is the 7 dollar range. Patience is key.

Comment

invalidated. LINK is bullish
Comments
HabsLand
I actually agree with you on this one, unfortunately the majority of people are too bias. I’m holding link. When it goes down I’ll be looking to buy more
dboy0623
LINK and other alt coins are in rhythm with BTC at the moment. Nonetheless, I believe at some point LINK will move on its own away from BTC. The LINK/BTC is oversold and I expect a reversal in price at some point in Q1 2021. The LINK/BTC chart allows us to keep in track when we move faster or slower than BTC. We are due for high price action.
b82161
Rookie guess, I'll take the other side its accumulated blast off soon 2-4 weeks
lonercapitalist
@b82161, always a possibility but beware that if bitcoin drops suddenly, chainlink will drop too -- even further than the recent local minima. Nevertheless, buying in at current price levels likely will still be ok in the future. Good luck!
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