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 Online04 Dec 2025, 21:14 UTC
AI-generated source summary
The analysis of LINKUSD utilizes Elliott Wave principles, focusing on both daily and hourly timeframes. From a long-term perspective, the recent rally from the November low is identified as a three-wave structure, lacking the five-wave impulse typically required to confirm a definitive bottom for the larger yellow wave B. This suggests the upward movement to the current price, around $14.48, could be a corrective bounce. For a sustained bullish trend, particularly within a potential larger triangle pattern, the market must avoid breaking below the April low of $10.00, which serves as a critical invalidation point for the overarching bullish structure. On the micro-structure (1-hour chart), the market has completed an A-B-C three-wave advance and is currently operating within a identified resistance band. While the immediate upside could extend towards $15.75 if the preceding high is surpassed, the analysis highlights a potential for a five-wave decline from this resistance. A key short-term support for continuing the current upward momentum as a corrective fourth wave is positioned at $13.25 (50% Fibonacci retracement). A break below this level would signify an excessive pullback, invalidating the current bullish momentum and suggesting a deeper corrective phase.
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