ChainLink / TetherUS
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LINK/USDT Short Opportunity

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LINK/USDT finished 5 waves up with wave 5 as a leading diagonal which looks like it will be broken soon. Since LINK/USDT also finished 5 waves inside the leading diagonal, I expect the price to break out now for its ABC correction to target 21.097 as a first target, which is also the beginning of the leading diagonal.

Breaking 21.097 will push the price towards retesting the previous wave 4 at 18.747. Furthermore, you should know that cryptocurrencies are known for long and annoying retests, thus expect this move to take time to develop especially after breaking the trendline.

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