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LINKBTC ratio can correct by 50%
ChainLink / Bitcoin
Short
LINKBTC ratio can correct by 50%
By imkeshav
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Updated
Dec 24, 2020
8
Aug 21, 2020
I'm considering the entire move as a red ABC where C = 1.23x of A
What we saw is an extended blue 5th wave having another extended 5th subwave within which had a 100% move
Expecting a drop to 21WMA or 0.382Fib/0.5Fib
RSI also losing steam
Dec 24, 2020
Trade closed: target reached
Expected 50% drop, got 70% and hit (almost) our 0.5Fib target
Technical Indicators
Trend Analysis
Wave Analysis
imkeshav
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