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...
Сделка активна:
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 bullish
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Just broke above 16 dollars.. still a long way to the new Highs..
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orders still active..
Комментарий:
take partial profit if you can or want but otherwise based on weekly timeframe, im still bullish.