ChainLink Is Unfolding A Five-Wave Impulse
Jan 26, 2024


Cryptocurrency Chainlink with ticker LINKUSD made an impressive recovery in the second half of 2023, which looks like an impulsive five-wave rally with room for more upside after a correction. Despite recent slow down in the Crypto market, LINKUSD is still holding well and it can be still unfolding a five-wave impulse. Currently we see it trading in wave (4) correction that can retest 12-10 support area. If stays sideways and above 12 level, then it can be also forming a bullish triangle pattern in wave (4) before a continuation higher for wave (5).

ChainLink Is Unfolding A Five-Wave Impulse LINKUSD Daily Chart
LINKUSD Daily Chart

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