Chainlink is unfolding a five-wave bullish impulse

Gregor Horvat Wavetraders

As we have been warning about bullish Crypto market in the past weeks, even ChainLink with ticker LINKUSD remains in strong recovery mode and it's ideally still unfolding a five-wave impulse away from the lows. With broken important channel resistance line and 13 bullish confirmation level, seems like it's trading now in wave (3) with room for more gains towards 20 – 25 area, just watch out on the higher degree wave (4) corrective slow down before a continuation higher.

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Author

Gregor Horvat

Wavetraders

Experience Grega is based in Slovenia and has been in the Forex market since 2003.

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