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TudorGadea
Dec 8, 2020 11:13 PM

link final corrective wave E is finishing up around 10.50-11$ Long

ChainLink / TetherUSBinance

Description

Link is forming it's final corrective wave E. Strong support around 10.50-11$ area.
10.50$ is the wave C fibonacci extension .618
On the last correction 9.80$ held support, it should hold support this time as well. Hard to believe we can get cheaper link than 10-11$ in like ever again.
If this support does fail then the area that link should turn around is 9.70$
No way it can go lower than that unless some fundamental insane event sparks concerns on a macro level.
Comments
TudorGadea
Trade still in play. Only closing this when link does 300% ROI, around 30-35$
TudorGadea
@TudorGadea, Using 3x leverage and I don't have a stop loss. WHY? Because the craziness is just about to happen.
BTC is at 24k and top alts will pump soon.
No way link drops to under 8$ where my liquidation price is. It already bottomed around 7.80$.
This is a low risk trade.
Only trade with a small amount never bet the farm on any token or specific move.
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