Is chainlink about to moon(10X)
Updated
Based on the chart:
Correction after the impulse started and is a flat correction, so based on my counts, it's either WXY or ABC correction, meaning, we need at least 3 correction cycles for us to confirm that it has ended and we are about to continue being bullish or a reversal is about to happen.
So for Link the structure is looking bullish, correction is a continuation correction, at the current price levels we can/might be expecting a price going up from here...
Correction after the impulse started and is a flat correction, so based on my counts, it's either WXY or ABC correction, meaning, we need at least 3 correction cycles for us to confirm that it has ended and we are about to continue being bullish or a reversal is about to happen.
So for Link the structure is looking bullish, correction is a continuation correction, at the current price levels we can/might be expecting a price going up from here...
Trade active
Chainlink has been moving according to what we were expecting, 16 dollar is resistance, let's see if it gonna get broken above to continue being bullishTrade active
Just broke above 16 dollars.. still a long way to the new Highs..Trade active
orders still active..Note
take partial profit if you can or want but otherwise based on weekly timeframe, im still bullish.
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