As I mentioned in the title, I am waiting for wave 5 but first we need to complete wave 4 satisfactorily.
The 4th wave may end in the wide range indicated by the white circle. After all, we are looking at the high time frame and it is not possible to predict the price exactly.
After wave 4 is complete, we will wait for wave 5 as the last wave of impulsive uptrend. I position the target given to me by the Fibonacci ratios as the 5th wave.
I think the count is satisfactory. The only problem would be that LINK's previous price movements were not on our chart. This is the oldest chart I could find and I think it's valid.
The 4th wave may end in the wide range indicated by the white circle. After all, we are looking at the high time frame and it is not possible to predict the price exactly.
After wave 4 is complete, we will wait for wave 5 as the last wave of impulsive uptrend. I position the target given to me by the Fibonacci ratios as the 5th wave.
I think the count is satisfactory. The only problem would be that LINK's previous price movements were not on our chart. This is the oldest chart I could find and I think it's valid.