Total Quality
Score
If You Had Traded on This Analysis…
Correct

LINKUSDT
Entry
22.1300
2025-08-10
19:42 UTC
Target
23.6000
In 2 Days
Fail
19.0000
Risk / Reward
1 : 0
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Final PnL
6.64%
P/L: —
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Body
The analysis focuses on the LINKUSD chart, indicating that the price has reached its target of $22.66. It anticipates a further increase to $23. This level is significant due to it being a previous swing high tested in March 2024. The analysis explores scenarios of either a C wave or a third wave. The confirmation of a breakout leading to a third wave or C wave will occur with a break above the five-wave move that topped in March 2024. The analysis suggests that there might be more upside if it holds $19, supported by micro support adjustments . Any drop below $19 indicates wave two. Resistance around $25. The analyst notes that wave degrees are difficult to distinguish, particularly if the fifth wave is long enough. The focus is on how the price reacts to Fibonacci micro support, with the conclusion that a slightly higher high is still probable.