$LINK - 1300% move ending

2020年8月21日

After an awesome last few months, the parabolic rally appears broken and the 5 waves also seem done

The reason for the extraordinary performance is that we had an extended 5th wave (green) which in turn had its blue 5th subwave again extended. No wonder the price went up 90 degrees

But this also means the correction will also be hard and I'm expecting a drop to
1. 0.382 Fib (50%)
2. 200DMA + 0.5Fib (65%)
3. Blue subwave2 or 0.618Fib area

Take care

2020年8月21日

註釋

Macro look

2020年9月23日

註釋

Expected a drop to 0.382Fib for 50% and we got it