LINK SHORT to $12

Following is my analysis on LINK going SHORT in the next few days


1) The BLUE wave 1-2-3-4-5 went from $1.5 to $53 from March 2020 to May 2021

2) After great impulse comes correction A-B-C wave, markets are in correction mode for 2/3 of the time

Wave A retraced 78.6% FIB a perfect 5 wave down series in GREEN
Wave B is a perfect 3 wave series in ORANGE
Wave C should be a 5 wave series down so its right now doing sub-wave 4 in RED
In wave C the sub-wave (1) and sub-wave (3) are exactly of the same length so sub-wave (5) will be elongated so maybe 1.27 or 1.41 or 1.61
Wave C or sub-wave (5) in Wave C will end around $12.5 before it makes any move after the full correction


Summary :

I think LINK is going to short to $12.5 in the next few days before the market completes full correction and moves up

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