$LINK: A Bullish Structure for Potential Highs
the idea would be that this was a wave 1
five wve pattern which topped in March
then a wave two pullback might have
bottomed maybe one more low that’s
generally the the idea at the moment
that’s the problem at the moment in the
crypto World a lot of coins could make
one more low they don’t necessarily need
one more low because most of them reach
their relevant support zones and
whenever that happened they could
literally turn around and um but anyway
as soon as the correction is over we
could be looking at a larger degree
third wave rally to the
upside which might reach $90 $90 plus
depending on where exactly the wave two
bottoms so it’s quite a bullish
structure now it’s only bullish as long
as support holds hopefully that’s clear
because the $690 level is the critical
support level that really needs to hold
okay that really needs to hold at the
moment we are far away from that level
so there is not the immediate risk of
invalidation
$LINK: A Bullish Structure for Potential Highs
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