The analysis focuses on LINKUSD using a weekly chart and identifies a significant descending yellow trendline acting as resistance, confirmed by three touchpoints at the high in 2021, around $30 in December 2024, and around $27.50 in August. Fibonacci micro supports between $13.27 and $19.37 are noted. The analyst shifts to an hourly chart, spotting a possible rally towards the 38.2% Fibonacci retracement ($21.94) or even the 50% level ($22.47). The analyst says a five-wave move up to $23.94, followed by a three-wave pullback to $20.66, after breaking the descending trendline between $27 and $28 is needed before declaring a likely low and a bullish market trend. If the price reaches the fail bound of $19.46, it would indicate a move towards a more bearish interpretation.