Technical analysis by learnfromfailure about Symbol LINK: Buy recommendation (8/9/2024)

Market at this moment is showing the perfect story of the Elliot wave wave.. After the outbreak of liquidity on June 13, 2023, the link moved impulsively to its 5 waves.Now we see that the correction took place at 0.61 Fibonacci, which I see as an ABC correction. The only thing I'd like to see at this point is fill the wick on the daily chart or at least halfKeep in mind that this is a large market cap and it will take time to realize this. The invalidation of this analysis is a return to the $8 range.Tell me what you think about this analysis and whether you are buying now link?