Now that we can see the pullback from the impressive move we see the correct Elliot wave count (if the price holds here and does not drop lower then top of wave 1). Chainlink has great partnerships and tech so this temporary price action is a gift IMO. Studying the chart this is a buy signal. I see the meter says popular opinion says sell but that's exactly what the market manipulators want. They want your Link cheap. Sell if you want. Miss the ride out if your too chicken to surf but the chart says we just finished wave 4 and wave 5 is going to be a monster ride. I have been laddering in my buys thinking we might pop back up but right here I spent all my cash and if it drops more well I will have to sell my XRP for more Link. Best of Luck dont get crushed. Its summer and its time to catch a Big One.
Comment:
Since price invalidated my Wave 1 top I would have to redraw Wave 1 to be May 22. Wave 2 bottom June 4th. Wave 3 top June 30th and bottom of Wave 4 August 1st. Bottom of Wave 4 was also a pullback to .618 Fib level very positive to bounce there. MACD and RSI turning up on Daily chart. Sorry I didnt get it right the first time but chart looks great looking forward.