LINK Chainlink long to 40$ in intermediate W3 and 60$ in Main W5
Hi everyone,
sorry if this chart look like a mess!
You need to keep in mind that this Elliott Wave scenario is without a doubt realistic for Chainlink. Main wave 3 can make an extension to 66$, it's something possible, but it's always better to place your strategy inside a reaslistic scenario and take some profit on the most probable fibs... don't try to catch the ultimate top cos you can get smashed at top. Most probable targets of Wave 3 are 161.8%, 261.8 and 361.8%, try to take some profit on everyone.
ChainLink is an awesome project, one of the strongest in the crypt industry but keep in mind that ChainLink supply is at 407 009 556 LINK and will be 1 000 000 000 (inflationay)
LINKUSD
(total).. which mean that ChainLink would not be a longterm play for me like another deflationary asset that have almost the same or stronger fundamentals but with much less supply like Elrond -
EGLDUSDT
Egold... which will be at 21 000 000 EGLD like the Bitcoin.
If you have any question(s) or would like to contact me in private, don't be shy.. i will do my best to help you !
Have a wonderful sunday!
Crypto Mercy !
sorry if this chart look like a mess!
You need to keep in mind that this Elliott Wave scenario is without a doubt realistic for Chainlink. Main wave 3 can make an extension to 66$, it's something possible, but it's always better to place your strategy inside a reaslistic scenario and take some profit on the most probable fibs... don't try to catch the ultimate top cos you can get smashed at top. Most probable targets of Wave 3 are 161.8%, 261.8 and 361.8%, try to take some profit on everyone.
ChainLink is an awesome project, one of the strongest in the crypt industry but keep in mind that ChainLink supply is at 407 009 556 LINK and will be 1 000 000 000 (inflationay)
LINKUSD
(total).. which mean that ChainLink would not be a longterm play for me like another deflationary asset that have almost the same or stronger fundamentals but with much less supply like Elrond -
EGLDUSDT
Egold... which will be at 21 000 000 EGLD like the Bitcoin. If you have any question(s) or would like to contact me in private, don't be shy.. i will do my best to help you !
Have a wonderful sunday!
Crypto Mercy !