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LINKUSDT
Entry 21.7400 2025-08-15 15:38 UTC
Target 31.1200
Fail 10.7000
Risk / Reward 1 : 1
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LINKUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
Body
The analysis tracks a potential five-wave move to the upside, with a possible top between $22.65 and $25.12. A green line indicates a critical resistance level. The price couldn't hold above this line, which aligns with the expected completion space for wave one. A pullback could present an opportunity, especially if it's a three-wave pattern. Five waves down would signal a trend change. A support area is identified between $13 and $18.10, however the price has to break below $20.85 as a confirmation. There's mention of $16.44 to $14.92 as an ideal support zone, coinciding with previous swing lows around $16 and $15.50. Low volatility is noted. Impulsive breaks above $24.70 could lead to $31. The analysis switches to a long-term 4-day chart, showing the trend heading towards $47 with an invalidation point at the $11 low formed in June, above Fibonacci support levels.
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