Meka
1.4K posts

Meka
@Trader_Meka
Elliott Wave analyst & Trader. Nothing here is financial advice

For those still interested... This is where we are now. $LINK Closing in on 600 marines...

$LINK Zooming out and narrowing it down to the primary count I'm tracking, my expectation is that this whole choppy range LINK has been in is a correction, and that we'll see continuation higher in 2026. Of course I could be wrong, but honestly I don't really see a reason to change that view right now, despite the recent downtrend.


















$LINK Been a lot of grindy, slow and downtrending PA since August high, which always leads to re-evaluations along the way as it develops. Reminds me a lot of the December 24 - April 25 trend. I've tracked this impulse as an alternate, and it's looking like a final sweep into $13.10-$13.30 area could finally set us up for a decent reversal. I.e, no denying price has gone lower and spent longer on this trend than first anticipated, but overall I lean in favor of longs here.



$ETH I know I don't post much on ETH anymore, but I've been tracking the 2025 uptrend on ETH as an impulse in play, and I view the current downtrend as a correction relative to that impulse. That view hasn't changed. Could be close to done already, but eyes on the log levels between $2600-$2200









