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 Online19 Dec 2025, 21:24 UTC
AI-generated source summary
The analysis suggests Chainlink (LINK) is potentially in a corrective ABC pattern, possibly an expanded flat or a running flat, with the potential for a final leg down (wave E) to test the support zone between $10.70 and $11.96. A decisive break above the downtrend channel or resistance at $14.02 would invalidate the bearish outlook and signal a potential reversal. The immediate price action suggests a short-term bounce, but the longer-term trend remains downward until key resistance levels are broken.
AI-generated summary based on the source content.
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