ChartStudent

LINKBTC Elliot Study

Short
ChartStudent Updated   
BINANCE:LINKBTC   ChainLink / Bitcoin
Hi there,

Again we have a LINKBTC Elliot study.

Unfortunately, previous study have stopped. So you have not already opened an position, right?
I think, first wave of biggest degree impulse is Leading diagonal, and its finished.

We are currently in correction stage and I think A wave is also leading diagonal. B wave is also finished and we are performing 4.th inner wave of C wave.

After my calculation, C wave shouldn't pass 32-33 band area. I hope you will start to rise from 32-33 band area.

Note: I am not Elliot expert. This study is only for growing myself. Please dont open any position with this analysis.
Comment:
Hi guys,

It seems LINKBTC turning direction before I expected. According to analysis, I should drop 30-33 band, 3rd wave starting around 37-38 band.

Although, we are rising, keep it imind there is a small possibility to drop to 30-33 band again.
Comment:
As a result,
May de, labelling of ABC wave should change to basic zigzag with ending point around 37-38 band.

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