This video provides a professional Elliott Wave and technical analysis of Chainlink (LINK), focusing on market structure, major support and resistance zones, and the potential setup for the next impulsive move. The aim is to give viewers a clear, educational understanding of LINK’s current price beh
1 extracted signal · 1 resolved · 0 still active
More Crypto Online16 Nov 2025, 19:27 UTC
AI-generated source summary
The analysis focuses on Chainlink (LINKUSD). It explains that LINK is expected to dip further. A potential broader B wave bounce could test resistance between $15.50 and $16.75. Currently consolidating around swing lows from November 4th, having broken below October 10th lows. The bounce lacks strength, it's uncertain if it's the fourth wave with a potential low in the third at $13.30, which acts as a Fibonacci support. Another low in wave five is expected, giving a five-wave decline in wave C, targeting $13.30. A break below $13.30 will make the 1-2 setup less likely. Breaking the yellow trendline is the first indication of a low, with a break above $16.75 as a better indicator, followed by $17.65. A five-wave move up needs confirmation.
AI-generated summary based on the source content.
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