SnakeJT

ChainLink/USD - Elliot Wave and Fibonacci Perfection

Largo
BINANCE:LINKUSD   ChainLink
The LINKUSD chart has printed some Elliot Wave & Fib Retracement structures traders can only dream of lately.. I originally looked to buy a pull back when LINK took off in early May and i had the ~$80 (.618) penciled in but wasn't paying attention and miss my opportunity and felt it was too late to try and catch it.. Right now is an opportunity to buy the start of the next 5 way structure. A trade on the 3rd leg is also a good option, wait and watch for conformation of the first leg to form, adjust fib levels to suit and buy the .50% or .618% retracement levels.. Good Luck
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