Technical Analysis Update and Price Now! chainlink predicitonChainlink LINK Price News Today - Price Forecast!

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foreign hello and welcome to another update video about link Im here really on the very quick update because price has hardly moved um so link continues to be in its sideways consolidation correction is currently in resistance it really needs a break above that resistance for link to well break much higher and be able to reach its uh third wave Target which is basically above 9.50 so it could be that this Wave 2 buttons here or that we get a reset of Wave 2 thats not entirely clear yet certainly what you can see that even though were seeing some third waves possibly in the making which would be very bullish across the market also on the Bitcoin chart um link hasnt really woken up yet hasnt really found its party dress yet therefore its just continuously consolidating in this sideways range it can do that very well because its been doing it for nearly a year now thats the link chart right its been moving really in this range for a long long time but it seems like volatility is getting reduced but whenever we had these periods where volatility got reduced you saw these strong moves afterwards so ideally we are now um finally making the attempt to Rally in a third wave did highlight to you that Im leaning towards the orange wave count which would be the bullish count as long as were holding above 6.19 a drop below 6.19 would have bearish implications and would in my opinion lead to a retest and possibly break of the 530 level which is the swing low that was printed in June 2022 and yeah then it could head down lower to sort of 290 350 that would be the bearish case but as long as we are above 6.90 19 sorry 619 which is basically the key support level for this one two setup yeah which is the bullish count where we can count 10 you know 10 waves up would be good now we can count five waves up of the 10th of March low um and the corrective wave to the downside which or might not be complete thats a bit hard to say at this stage but important is that it already reached the trend reversal area you know that whenever its doing that then it can turn around at any time and we need to be ready for a turnaround and the third wave rally but it needs to get above this descending trend line and follow through to break above 788 a break above 788 would make this Wave 2 which is part of the bearish count less likely yeah nothing else to add because its just really moving sideways and no updates in addition to what I said yesterday so hopefully you like the update if you did please hit the like button leave a comment and subscribe and if you really like the content then please check out the channel membership thanks a lot for watching bye Trade on Bybit:Receive an up to $30,000 bonus see terms on Bybit Chainlink LINK Price News Today - Technical Analysis Update! Cryptocurrency! In this video I talk about a technical analysis of the LINK Chainlink price and I talk about some important price moves that are happening right now! Chainlink Price Prediction of this Cardano ADA partner! ----------------------------------------------------------------------------------------- Links: Bitget: Sign up for Bitget via my link: to get a $15 bonusFor the first 100, first come first served and to get free access to my foundations trading course reach out to when done. To get free access to the trading course you need to deposit $500 to Bitget and make a trade. Technical Analysis with TradingView: Set up trading bots with Trade on Coinbase: Receive $10 in BTC see terms on website: Trade on Binance: Receive a 15% fee discount lifetime when using this link. 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