Chainlink - LINK - There we go, Next stop? Mars
Update 
LINK
There we go, we've reached $2.20!!
Next stop?
I did a detailed count of the move since 14 Sep. last study
> $2.32 would confirm more upside
< $2.10 bearish alarm
Zooming in tells me that it will push higher and the move even starts to look parabolic.
I expect that we will see some resistance here. So, I won't be surprised to see some kind of retracement.
Use that retracement as a buying opportunity!
LINKThere we go, we've reached $2.20!!
Next stop?
I did a detailed count of the move since 14 Sep. last study
> $2.32 would confirm more upside
< $2.10 bearish alarm
Zooming in tells me that it will push higher and the move even starts to look parabolic.
I expect that we will see some resistance here. So, I won't be surprised to see some kind of retracement.
Use that retracement as a buying opportunity!
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ROAD MAP
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Update on LINK:> $2.5 was the high for Wave 3
Was the Wave 4 finished in abc.
$2.25 is possible support
Let it play out
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I was too early to claim that W3 finished. The ABC was a setup for another subwave. However, we're still late in this 3rd cycle. So, stay vigilant.
Bear div
Supports are mentioned on the chart
<$2.47 would give confirmation
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Come on! Wave 4 is done!
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Wave 5 in progress
Up +50% in a month and I think that we can see more upside during the next couple of days/weeks.
Keep in mind that there is some bearish divergence can be a bearish warning!
#LINK
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Note
My long term path for LINK.My first long term target: $7
Reminder > That the trend is your friend
Psychological is resistance!
Together we are stronger
God bless you
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.