Add as a preferred source on GoogleNology Chart Maps $9.80-$10 Lower Zone for Chainlink’s LINK
Nology’s two Elliott Wave scenarios show possible corrective paths, with resistance at $12.40 and a Nov. 5 timing marker.
Nology (@nology3000) mapped two possible corrective paths for Chainlink (LINK), with both scenarios leaning lower and Nov. 5 marked as a timing reference.
The chart’s Elliott Wave count presents the first corrective wave as apparently complete and outlines two possible routes for the next phase. The wave count is a technical scenario, not a definite forecast.
The chart places first resistance at $12.40, followed by a $13.20-$13.50 range. A move back through those areas would weaken the declining pattern shown in the analysis.
On the downside, $11.20 is an intermediate reference level. The chart also marks $10.80-$11 and a lower zone at $9.80-$10. These levels are checkpoints in the scenarios, not confirmed destinations.
Nov. 5 is a timing marker in Nology’s projections. A rebound before then could change the timing or invalidate the mapped path.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.