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foreign video about Link Link has been in this range for nearly a year um give it another couple of months and we will have been in this range for yeah basically a year the range is between 5 30 and 9 50. I think thats also the range my grid bot is set at I would need to double check that but um yeah because we are in a Range there are two possibilities here on the bigger time frame as well idea is that of this November High we could have moved down in a wave one rallied in a way of two correction and the next move down could be in a three a wave three and eventually that could take us down into the region around 350 that would be the bearish count um I will tell you in a minute what needs to happen for this to become to be the count in control a more bullish interpretation would suggest that we have a wave one done a wave two done and were now in the third wave rally so lets take a look eventually what link needs to do to give us a clear signal it needs to break above 950 so theres quite a way to go it should be able to do that in this third wave but so far its been very very stubborn and cant really go up and it also cant really go down its just moving in the range now looking at this structure on the one hour chart we did indeed rally in what I consider actually a wave one of this um March low we then came back into the support area Trend reversal area we reversed reached resistance and in the very short term link now needs to break above 754. its very choppy so yeah its not the ideal structure that comes off the low which means it could be that this is still part of the corrective structure of this wave 2. so the support is still relevant 6.19 what I cannot rule out is that this year was an a wave a b wave and a c wave you know but this is micro Counting dont worry this is micro Counting that can change quite frequently right so it is important to understand that as long as the 619 level is holding um we can here generally focus on higher and there are of course a few ways how this can unfold its massive price action um maybe we when we come down again theres a small support area here that goes down to 663 but a drop below that would take us all the way down to 619 probably but this is basically a large support area and against that support area we can focus on higher so as you will as you will notice here there are two support areas it just depends on what count is going to play out um this is really just for people who trade really the very short term these can change quite often its just because of the volatile nature of the market so if we have just this as a wave one this as a wave two and then here maybe another one two setup this one is relevant all the way down to 663 but in a slightly different count um this support area might get relevant so therefore Im saying you know to keep it simple as long as we hold above 619 the focus is on higher in the third wave that can take us eventually to that 9 15 level and the break below 619 will increase likelihood that were actually in this bearish count okay thats my update about link I hope 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 thank you 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 3commas.io: 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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