Technical Analysis Update and Price Now! chainlink elliott wave predictionChainlink LINK Price News Today - Price Forecast!

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foreign video about chain link finally we are above the FIB resistance yeah weve broken above FIB resistance at 788 Im still gonna leave the FIP resistance on the chart but this is the Fibonacci retracement of the move here to the downside which started on the 20th of March February and went down until the 10th of March yeah so this is the retracement level and the break above the 78.6 Fibonacci retracement level would increase probabilities of the orange wave count here to the upside the overall bullish wave count which has been primary expectation anyway so really nothing new its just that finally finally we start to see some movement here migrate but loves it I did explain in the previous videos I have a link grid bot running um I did mention it when I did set it up I think that was a few weeks ago sometime in February I think it was or early March and yeah its its loving this price section especially as um link has been moving in this range so I dont mind if it continues to move in this Joby range for for a bit but maybe we are already now in the third wave and if we are in the third wave it should could it should continue to gain momentum over the next few days and weeks and basically reach that 9.50 level what is the 9.50 level first of all it is the very relevant um upper boundary of the the overall range as you can see here back in 22 in June in August and in November we already touched that 950 level it never could break it really so this is basically for me the upper boundary line of the overall range in which link is a break above it would really really unlock um upside potential in my opinion so it is also if I I mean if Im looking at the overall Target see of the move um let me just double check that yeah of the bullish County the overall bullish count the larger third wave up there because we we moved up in a wave one here of the 29th or 30th of December low its by the way the dog in the background um who doesnt like that the Dogecoin price is moving um wave one to the absolute wave two to the downside and and Target to the upside would be the 1.618 flip extension here for large wave three actually that one but depending on how the sub waves are going to emerge it could reach without a problem the 2.618 extension so we talk about 12 27 up there but its its a bit like a moving Target right so we we will change the target as we go um depending on the subway structures but um it should if this is really a third wave it should break out of that range lets see I wouldnt be surprised though if it continues to move in the range for a bit but if this is a third wave now it will take Link out of the range I remain focused on the upside um basically this assumption is no further um strengthened by the fact that link broke above the 78.6 Fibonacci retracement at 788 this certainly has short term bullish implications all right thats my update about the link I hope you like the update if you did please hit the like button leave a comment and subscribe and if you really like the content then please check out the channel membership thanks a lot for watching bye thank you Trade on Bybit:Receive an up to $30,000 bonus see terms on Bybit Chainlink LINK Price News Today - Technical Analysis Update! Cryptocurrency! In this video I talk about a technical analysis of the LINK Chainlink price and I talk about some important price moves that are happening right now! Chainlink Price Prediction of this Cardano ADA partner! ----------------------------------------------------------------------------------------- Links: Bitget: Sign up for Bitget via my link: to get a $15 bonusFor the first 100, first come first served and to get free access to my foundations trading course reach out to when done. To get free access to the trading course you need to deposit $500 to Bitget and make a trade. Technical Analysis with TradingView: Set up trading bots with Trade on Coinbase: Receive $10 in BTC see terms on website: Trade on Binance: Receive a 15% fee discount lifetime when using this link. 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