The analysis discusses the LINKUSD chart, noting that it is forming higher highs and higher lows, suggesting it is one of the more bullish, stronger, and reliable charts. The price is holding above the $23 breakout point. The analysis identifies micro support between $24.90 and $25.96. A break above the resistance zone between $26.42 and $27.35 could lead to a higher move. The analysis considers a possible wave count where the recent decline might be wave one, approaching wave two resistance, with potential subsequent waves three, four, and five. It specifies that the market ideally should hold below the $27.35 level, and a break above this could push the price towards $31.00. The analysis pinpoints a long term target of $47 in the long term. If the price goes below the 23.30 area, this analysis will be invalidated.