I think is very likely to take place now is we're going to be using on the four hour chart as support and this means things can get very bullish for chain link very quickly here and we could actually be initiating the next parabolic advance much faster than people would expect i actually think that just like here it took less than a week for channeling to go from the low to breaking the all-time high
It is possible that chin could go from these lows to breaking the all-time high within a week long period only a week guys we could actually be breaking above 20 things get really bullish things get more bullish than you expect a lot of times during these types of parabolic trends so get prepared now a lot of people are going to be asking me kev
What's your next major upside target well if we can maintain in the four hour if we can maintain the 10 day which is another key one that we used as a support on the way up then at that point i'm actually gonna be looking for 25 as the next as the first upside target actually if you go from high to low with your fib extensions from 20 to 12.84 25 would be the first expected price target to be hit but i don't think we'll stop there you know on the last parabolic advance from high to low from eight dollars ninety cents to the low here at six dollars and 52 cents
We exceeded the 1618 target though we did find resistance there that was the first expected target but we went significantly higher than that in the end even if we do hit 25 us dollars on the next major test to the upside it's actually quite possible that chain link is going to be looking for even higher prices we may be running up towards 30 potentially as high as 40 on the next major test of the upside before creating an even larger scale parabolic structure that is how these things play out and i really do think that chin link does have the momentum