The current 4h chart on
LINK is a textbook Elliott Wave setup – clean structure, impulsive momentum, and retracements that align beautifully with Fibonacci levels.
Wave 2 of the ongoing impulse retraced deeply – almost 88.6%, technically valid but aggressive. According to Neely’s Rule of Alternation, this increases the probability that wave 4 will be shorter and less complex.
I expect the next short-term target for wave 3 around the 23.6% retracement at $19.75, before we build wave 5 to complete a much larger green (3) – targeting $37.851 as the minimum projection.
Momentum is strong, volume is picking up – and this might just be the move that brings retail traders back to LINK.
🔹 Are you bullish on Chainlink?
🔹 How high do you think wave 3 can go?
👇 Drop your thoughts in the comments and follow for more detailed Elliott Wave crypto setups.
#Chainlink #LINK #ElliottWave #Fibonacci #CryptoAnalysis #Wave3 #TechnicalAnalysis #Altseason #ImpulseWave #LINKUSDT #TradingView
Wave 2 of the ongoing impulse retraced deeply – almost 88.6%, technically valid but aggressive. According to Neely’s Rule of Alternation, this increases the probability that wave 4 will be shorter and less complex.
I expect the next short-term target for wave 3 around the 23.6% retracement at $19.75, before we build wave 5 to complete a much larger green (3) – targeting $37.851 as the minimum projection.
Momentum is strong, volume is picking up – and this might just be the move that brings retail traders back to LINK.
🔹 Are you bullish on Chainlink?
🔹 How high do you think wave 3 can go?
👇 Drop your thoughts in the comments and follow for more detailed Elliott Wave crypto setups.
#Chainlink #LINK #ElliottWave #Fibonacci #CryptoAnalysis #Wave3 #TechnicalAnalysis #Altseason #ImpulseWave #LINKUSDT #TradingView
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.