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weslad
Oct 16, 2019 7:44 AM

Linkusdt what next?? 

ChainLink / TetherUSBinance

Description

Link seems to be preparing for an extensive correction with price already completed a strong impulsive wave and this followed with a completed abc correction.

After the immediate correction towards the point of my immediate support level, price bounced hard again and pull out closed to 100% upward move again which I believe it will trigger a complex correction move with xyz formation.

Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss according to your risk mitigation.

Level to watch for are:
POSSIBLE ENTRY ZONE
Possible Support LEVEL
SELL TARGETS

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Remember to keep an eyes on the target zone.

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Comments
Plethron1
I don't think Elliott wave theory includes to have ABC after ABC unless you are in a wedge. Either we are starting new cycle or the first ABC is actually a 12345 with 5th wave extension
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