Total Quality
Score
If You Had Traded on This Analysis…
Correct
LINKUSDT
Entry 21.6100 2025-08-16 06:30 UTC
Target 23.3780 In 20 Hours
Fail 20.8000
Risk / Reward 1 : 2
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Final PnL
8.18%
P/L:
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LINKUSDT
Correct
Cryptocurrency
Technical
1H
Analysis Predict Range Market
Body
The analysis focuses on LINKUSD, currently priced at $21.856. It anticipates a potential B-wave bounce to $23.378, with a failure bound at $20.80. A five-wave move down, with potential structural support around $20.80. The analysis considers an ABC structure, with a B wave bound expecting a corrective rally, which could define the C wave target downside. A break below $20.80 would invalidate this analysis. Further resistance is anticipated at $31, with a longer-term target of $47. It is mentioned, if a five wave move up breaking the swing high from this week occurs, then there would be a further potential target price of $31.
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