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ChainLink / TetherUS

Chainlink will hit 11.4$ in the end of September

By WannaFly
Updated
Eliott wave, started on 13`th september with a tenkan sen downcross, is coming to an end with the last wave breaking resistance with a bullish cloud cross on 29th night, then price will stay above the support line with ichimoku averages acting as minor support, 25th sept tenkan sen upcross as a confirmation. Blue line is a rough prognosis of a price based on fibonacci levels connected to the wave. LINKUSDT
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Looks like wave B is longer than I thought. If MACD won`t form a second low, it will cross in the evening, confirming the breakout. My SL is 9.24 (kijun sen, cloud bottom and Fibo level). Lagging span will stay above the price, followoing the breakout, or cross it forming a downtrend in the next 8 hours - this is when I`d start to worry. GL frens
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Lagging span touched a price, currently we have a strong downtrend on 1H frame and a bearish flag on 4H frame. I`m ashamed to admit that we are not likely to get 11.4$ before September ends. If the price reaches 9.5 USDT tonight NY time, downtrend will continnue.
Bullish PatternschainlinkCryptocurrencyElliott WaveFibonacciSupport and Resistance
WannaFly

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