LINKUSDT Perpetual Swap Contract
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Textbook Wave Analysis (Link) 6H

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Chainlink shows a clear sign that an inner impulsive move is coming to an end.

This chart shows a clear textbook illustration of Elliott Wave analysis.

After forming the diagonal, an impulsive move has ended. Now is the time for an A-B-C correction, and that small correction is going to create a wave 2 move on the daily timeframe.

If we consider the Fed + BOJ rate decisions in the coming days, this chart makes even more sense.

No need for complicated explanations. First down, then up. Simple as that.
トレード終了: 利益確定目標に到達
Link has reached its wave B target, do not try to short anything, market is bullish. Analysis might be invalidated easily.

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