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Theofylrx
Jan 26, 2024 1:18 PM

Is chainlink about to moon(10X) Long

ChainLink / TetherUS PERPETUAL CONTRACTBinance

Description

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...

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 bullish

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Just broke above 16 dollars.. still a long way to the new Highs..

Trade active

orders still active..

Comment

take partial profit if you can or want but otherwise based on weekly timeframe, im still bullish.
Comments
wesselwessels30
bullflag
wesselwessels30
bought at R300 might of been a bit early but don't think I'll be disappointed looks like massive bullfrog. Tokenization going take over the world
Theofylrx
@wesselwessels30, Awe, thats dope man, you should get more of the tokens on this bull cycle, you gonna make some cash Bro, Im adding more DCA every month, now im chlling, just waiting... then im gonna retire :D
Theofylrx
@wesselwessels30, hows your 300 looking now :)
axpe
What's your TP for this pump?
Theofylrx
@axpe, zoom-out on weekly, then check the previous top, thats where my tp is around at, but otherwise man, im a holder.
codigogatolibre
Can new resistance levels be 17.114 and 17.358 aprox??
Theofylrx
@codigogatolibre, yep, Price from 17 till 17.6 is resistance, unless we break above and continue creating new highs then...
haychess
we ready since 2019
Theofylrx
@haychess, make sure you take some profits this year, else the 2021 dip will repeat again after we reach the new highs.
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