LINK.usd eyes on $20: End of 5-waves? or one more leg to 23?
Updated
LINK may have finished a 5-wave impulse wave around $20
The round number did try to reject, but we are back to it.
So It does seem ready to extend wave 5 another leg to $23
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The round number did try to reject, but we are back to it.
So It does seem ready to extend wave 5 another leg to $23
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Note
Played out exactly as expectedWave 5 extended a bit and then collapsed..
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Zoom IN (h1)
My dootted arrows were projected final targets.
Looks like the first one was supposed to be endpoint.
Even though it was pierced, the subsequent Ping confirms $22 as target.
Zoom in MORE (m15)
We have a Ping (exact ricochet) on bottom bound of resistance zone.
That blue 4.236 just reacted so its immediate sisters are of interest next.
Not to say it "will" reach either sister, but If it does we will be ready.
So it remains to be seen if it's "over" or just "reloading"....
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