The video provides a technical analysis of Chainlink (LINKUSDT). The analysis, conducted on August 19, notes the potential for the low being in, but acknowledges bearish indicators that may push the price slightly lower, possibly to $23.25-$22.90. The presenter then analyzes potential supports around the current price. A potential area for Chainlink is the 0.618 Fibonacci level near the previous resistance. He notes volatility and the likelihood that Bitcoin and Ethereum will have volatile moments over the coming days. On the 4-hour timescale, the RSI suggests there's a bit more room for the price to go down, while also acknowledging a current potential bounce area. A long term target by the end of the year is over $100. The presenter said if the price goes above $24.7 and it keep moving forward it could validate $31. Long term, the expected high for the coin is 234 to a more ambitious $600 by the end of the cycle.