The analyst discusses technical analysis for various cryptocurrencies. Bitcoin's price action is consolidating, potentially bearish until it breaks 116750 and then 114400. Ethereum shows a broadening ascending wedge and the analyst expects a short-term upward movement if it breaks above 4000, setting sights on 5700 to 8000. Chainlink is retesting a W formation's neckline. A long position is suggested using 2X leverage with an entry at the present price of 17.53 and a stop loss set to 15.87, and a target to 29.52, and foresees 100 dollars. The technical details include Bollinger Band analysis and trend identification, to estimate potential upside and downside risks. The analysis is valid if no rate cuts in the FED meetings, it will invalidate otherwise.