everyone thinks $LINK already topped out but actually a break below $13.50 is still required to signal that wave 1/a has formed a top.
ngl ser selling the local high and missing the rest of the move or bagholding through the real dump both suck. not having these levels mapped is how you lose money either way.
the $8.28 to $11.50 zone on $LINK is still holding as important support. that's the area that needs to stay intact for the bulls.
a confirmed break below $13.50 would be the real warning sign. $BTC can do its thing but $ETH pairs often react when an alt like this loses structure.
where do you think this goes from here?
#LINK #ElliottWave #DeFi