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Correct
LINKUSDT
Long Entry 21.2100 2025-08-11 23:44 UTC
Target 25.0000 In 5 Days Fail 12.7600
Risk/Reward 1 : 0
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Final PnL
17.87%
P/L:
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LINKUSDT
Correct
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
The analyst discusses the Chainlink (LINKUSD) chart, observing that the price is currently struggling to break the $23 level. He is expecting a possible breakout, suggesting a potential rise to around $47. To unlock this target, the price must break above the $23 resistance. Subsequent resistance levels are identified at approximately $31 and $47. A corrective pullback is also anticipated before the price reaches these higher targets. A critical support zone is identified between $12.76 and $17.13. He states that the trend is up, but proportions of the waves are not ideal and one more high to $23 is ideal and then a breakout to $25.
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