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 Online30 Nov 2025, 10:45 UTC
AI-generated source summary
The analysis focuses on LINKUSD, noting consolidation below a yellow trendline, currently around $13.50. A pullback, initiated on Thursday, is seeing bulls defending the $12 to $12.79 region, a Fibonacci support zone. The market has formed a possible five-wave move up from the November 21st swing low, followed by a three-wave pullback in an ABC structure. Fibonacci support lies between $12 and $12.78, with a potential test of the $12.78 level in coming days, representing the 38.2% retracement. The analysis invalidates if it breaks below Friday's low of $11.58. A higher quality trend reversal would be a five-wave move up, followed by a pullback. Breaking above the yellow trendline, as well as confirmation lines at $13.98, approximately $14.00, and $14.52 would give confirmation. Short-term pressure appears downward, but the three-wave move down keeps the door open for higher prices, but is still unfolding, there is no evidence of a local low.
AI-generated summary based on the source content.
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