Crypto_Mercy

DEFI LINK CHAINLINK - READY TO RIDE THE B WAVE

Long
BINANCE:LINKUSDT   ChainLink / TetherUS
Hi everyone, Chainlink is a decentralized oracle that can provide external data to smart contracts. Everyone know their implication in the Ethereum DEFI, Chanlink will play a major role. LINK is ready to go up in the B wave, now supported by weekly EMA 21. My suggestion will be to exit at 2.95$ before we hit the next retracement wave. WE already made a complete 5 waves cycle. On that C retracement my 1st entering point would be 0.9852. A hard hit would be 0.5620 but i would not count to powerful retracement like this with all the demande on LINK right now, but technically it's still probable. Also the Stoch is at it's lower point on the weekly which will push LINK in the next week. Wait for a new higher high (confirmation)... Peace.
Trade active: Right on target guys

Comments

Wave one isn't an impulsive wave. Your #3 is actually wave #1.
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@Jimbojoe, what are you talking about brother ? In Elliott Wave we have 5 waves, wave 2 and 4 are 2 waves of correction.
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Jimbojoe Crypto_Mercy
@Crypto_Mercy, #5, is actually #3. Your A retracement is #4
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@Jimbojoe, yes possible
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