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Linkusd abcde Correction
Chainlink
Long
Linkusd abcde Correction
By kenhuangsy2
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Feb 8, 2022
6
3
3
LINKUSD seems to be forming an ABCDE correction pattern which is very bullish. We can perhaps expect a breakout soon!
We also see Link falling below the 2-YR MA multiplier which signifies that it is "undervalued"
My stop loss is set around 10.7 and my profit target is set around 37. This is more of a longer-term trade.
Chart Patterns
Technical Indicators
Wave Analysis
kenhuangsy2
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