Link 330%+ Profits OpportunityAn Ascending triangle is created on the 1D chart on ChainLink and a reversal uptrend move is already on the way finishing the 1st elliot wave creation and is now in consolidation for the start of the 3rd. Since Feb 2018 Link was in a downtrend like the other crypto assets in the market. After an engulfing bullish candlestick creation July 25 it already setup its movement and developed a good reversal pattern after that and started to consolidating after a rebound downwards at around 4083 sats area which is the 23.6% fib ret. level. RSI rebounding back upwards and currently at 46 and 50EMA is almost under the price. Next scenario is a leg up towards the 38.2% fib level around 5185 sats. Volume is starting to show some moves and if it keeps moving on its pace we might see a break of the triangle within the following 2 days. A confirmation for 3rd wave creation is if the chart can close above the ascending triangle.
Entry Zone : 3000 sats -3600 sats
Stop Loss : 2200 sats
Possible targets
Short Term Targets :
T1 : 3883 sats
T2 : 4372 sats
T3 : 4860 sats
T4 : 5555 sats
T5 : 6440 sats
Mid/Long Term Possible Targets
T1 : 4083 sats
T2 : 5185 sats
T3 : 6076 sats
T4 : 6967 sats
T5 : 8235 sats
T6 : 9850 sats
Good Luck.
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