The "crash" in Bitcoin today had very little effect on ChainLink.
If anything, it may have helped finish the "Wave C" of correction.
Now we have several Resistance zones to watch.
Surely one of them will cause a retrace of bounce.
Which one we reach, and how we react are the keys.
$ 2.60xx is immediate resistance, should break.
$ 2.64xx - 2.66xx will be likely end of first wave.
$ 2.070x - 2.071x would be "Very Strong" bounce.
Previous LINK analysis:
LINK Support/Bounce zones (caught recent bottom)
LINK Breakout Zones plot (caught the breakout)
LINK May 2019 support zones (caught all turns)
LINK $1.46 Bottom Call (caught exact bottom)
See some of my other plots and trade calls below.
I also plot Forex and Stocks, take a look at my profile page.
BAT top call (perfect timing)
EOS top Call (near perfect plot)
LTC to $150 call (near perfect plot)
BTC $14k call (Near Perfect target, easy trade)
ETH breakout (instant Profits, no drawdown)
BTC bottom 3.1k (caught the EXACT bottom)
ADA breakout (PERFECT targets, massive profits)
ZRX bottom call(200% gain, Perfect target)
ZRX breakout (massive Profits, short wait)
XLM breakout (massive Profits, instant Win)
RVN top call (Perfect Target, take profits)
MATIC top Warning (caught the EXACT top)
MATIC rocket (massive Profits, breakout entry)
NEO Rocket Launch (great entry, massive profits)
FET top warning (EXACTLY on time)
DASH top warning (EXACTLY on time)
Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.
I have added a Red fib series of the drop just now.
I am exepecting a substantial retrace now, at least to the $2.5xxx level where we have a confluence of two improtant fibs.
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